Compare Zerodha
Zerodha
Myvaluetrade
Myvaluetrade

Background

Year of Incorporation 2010 1985 as Master Capital Services Ltd.
Website http://www.zerodha.com http://www.myvaluetrade.com
Phone 080-40402020 +91- 84678 84678
Exchanges enabled NSE, BSE, MCX-SX & MCX NSE, BSE, MCX & NCDEX
Demat (NSDL/CDSL) CDSL - ZERODHA SECURITIES PVT. LTD. NSDL
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 Rs 2.3 Crores Rs 7.6 crores
Profit after Tax FY12/13 Rs 5.8 Crores Rs 10.48 crores
Profit after Tax FY13/14 Rs 10.27 Crores
Profit after Tax FY 14/15 Rs 19.3 Crores
Profit after Tax FY 15/16 Rs 44.2 Crores
Debt FY11/12 0 Rs 51 Crores  
Debt FY12/13 0 Rs 41.5 Crores  
Debt FY13/14 0
Debt FY14/15 0
Debt FY15/16 0
Profit to Equity(%) FY11/12 152 62.90
Profit to Equity(%) FY12/13 244 12.38
Profit to Equity(%) FY13/14 147
Profit to Equity(%) FY14/15 120
Profit to Equity(%) FY15/16 169
Balance Sheet Size FY11/12 Rs 25.4 Crores Rs 304 Crores
Balance Sheet Size FY12/13 Rs 64.5 Crores Rs 296.15 Crores
Balance Sheet Size FY13/14 Rs 111.1 Crores
Balance Sheet Size FY14/15 Rs 198 Crores
Balance Sheet Size FY15/16 Rs 417.8 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 17,523 28,596
Active clients - 2014 30,379 34,161
Active clients - 2015 61,970 32,003
Active clients - 2016 1,28,736 33,034
Active clients Rating


Brokerage

Equity 0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday) Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lower
Equity Futures Rs 20/executed order or 0.01% whichever is lower Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 2.5% whichever is lower
Equity Options Rs 20/executed order or 0.01% whichever is lower Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 0.01% whichever is lower
Currency Futures Rs 20/executed order or 0.01% whichever is lower Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 0.01% whichever is lower
Currency Options Rs 20/executed order or 0.01% whichever is lower Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 0.01% whichever is lower
Commodity Rs 20/executed order or 0.01% whichever is lower Yearly Plan: Rs 10000, Monthly Plan: Rs 1000/month , Normal : Rs 10 per executed order or 0.01% whichever is lower
Brokerage Rating


Account Opening Costs

Trading only Rs 300 if couriered & Rs 200 if you print the form NA
Trading & Demat Rs 200 if couriered & Rs 100 if you print the form Rs. 555
Commodity Rs 300 if couriered & Rs 200 if you print the form Rs. 555
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% on Turnover 0.00325%
Futures 0.0021% on Contract Turnover 0.0035%  
Options 0.053% on Premium Turnover 0.07%  
Commodities 0.0031% on Contract turnover 0.004%
AMC charge Trading: 0, Demat: Rs 300/year Rs. 400
DP Transaction Charge Rs 14 per debit instruction Rs.15 within DP Rs.25 Outside DP
Offline order placing Charge Rs 20 per executed order Rs 25
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 365 days on Zerodha Pi 22 days
End of Day 10 years on Zerodha Pi 10 days
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 20 times intraday, 0 for Delivery Upto 5 times for intraday
Equity Futures Upto 7 times intraday leverage Upto 2 times for intraday
Equity Options Buying no leverage, Shorting upto 7 times leverage intrdaday No leverage
Currency Futures 2 times intraday leverage Upto 2 times for intraday
Currency Options Buying no leverage, Shorting upto 2 times intraday leverage No leverage
Commodity 2.5 times intraday leverage Upto 2 times for intraday
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review

Zerodha is the biggest discount broker in India and is well known for its cutting edge and intuitive platforms. Pros: Great pricing and platforms, responsive support. Cons: No margin funding. Read More