Investors can roll into the arena of stock market with My Value Trade, but then should know about the My Value Trade Brokerage Charges. It is important since a high degree of profit earning possibility is dependent on the figures related to My Value Trade Charges.
Take some time for research before you invest with the company and check out the charges. We extracted out all of them and placed them briefly in this article for your convenience.
|Equity Delivery Trading||0.1% – 0.2%|
|Equity Intraday Trading||0.01% – 0.02%|
|Margin Money||Minimum Rs.1,000|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs.50 per Segment|
What are the My Value Trade Brokerage Charges?
|What are the Equity Delivery Charges?||0.1% – 0.2%|
|What are the Equity Intraday Charges?||0.01% – 0.02%|
|What is the brokerage on Equity Futures?||0.01% – 0.02%|
|How much brokerage charged for Equity Options?||Rs.10 – Rs.20 per Lot|
|What is the brokerage on Currency Futures?||0.01% – 0.02%|
|What is the brokerage on Currency Options?||Rs.7 – Rs.10 per Lot|
|How much brokerage charged for Commodity Trading?||0.01% – 0.02%|
|Brokerage Calculator||My Value Trade Brokerage Calculator|
Let us quickly get to the discussion of segment wise My Value Trade Brokerage Charges. This way you will know which of the segments attract the highest and the lowest of all brokerage charges. Starting from the Equity Delivery, it has the highest charge of 0.1% – 0.2%.
For the next segments we have all of Equity Intraday, Equity Futures, Currency Futures and Commodity segments. All the mentioned segments have the same charge of 0.01% – 0.02%. On the contrary, the Options segment has brokerage plans per lot.
So, for Equity Option segment investment, you have to pay a charge of Rs.10 – Rs.20 per Lot, whereas for the Currency Option, you have to pay Rs.7 – Rs.10 per Lot.
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What are the My Value Trade Account Opening Charges?
|Account Opening Charges|
|Is there any Trading Account Charges [One Time]?||Free|
|How much is the Trading Account AMC [Yearly]?||Free|
|Is there any Demat Charges [One Time]?||Rs.300|
|How much is the Demat AMC [Yearly]?||Rs.300 per Annum|
|Any minimum Margin Money required?||Minimum Rs.1,000|
This first charge you will encounter into the company is of account related. There are two types of account related charges, where the first one is My Value Trade Account Opening Charges and second is AMC. Separate set of charge are levied upon both the demat and trading accounts.
The My Value Trade Demat Account Charges for account opening is Rs.300 and so is the AMC Rs.300 per annum. However, the trading related opening and AMC charges are nil.
Find out Brokerage & Other Charges of Stock Brokers
What are the My Value Trade Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||0.00290%|
|What are the Transaction Charges for Equity Intraday?||0.00290%|
|How much is the Transaction Charges for Equity Futures?||0.00290%|
|How much is the Transaction Charges for Equity Options?||0.00290%|
|What are the Transaction Charges for Currency Futures?||0.00290%|
|What are the Transaction Charges for Currency Options?||0.00290%|
|Any Transaction Charges for Commodity Trading?||0.00290%|
Let us get onto the discussion of the My Value Trade Transaction Charges now. These charges are levied upon each of the segments and also upon each and every trade order you place. The name itself signifies its characteristics. For further reference, this is not a major issue or major charge.
The exact charge levied is 0.00290% and it is the same for all the segments Equity Delivery, Equity Intraday, Equity Futures, Equity Options, Currency Futures, Currency Options, and Commodity. Charge is individually levied and accounts to a lesser portion of the total turnover.
So, such a charge is taken on the total turnover of the transaction, each of transaction undertaken.
What are the other remaining My Value Trade Charges?
|How much is the Transaction Charges levied?||0.0002% of Total Turnover|
|What are the STT charges?||0.0126% of Total Turnover|
|How much is the Stamp Duty levied?||0.002% – 0.004% – Depends on State|
|How are the GST charged?||18% of (Brokerage + Transaction Charges)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs.50 per Segment|
|Any charges Account Closure?||Rs.50 per Segment|
|What are the Dematerialisation Charges?||Rs.44|
This section approaches the end of the article where our focus us upon other My Value Trade Charges / Govt Charges. In short, you have to pay something to the government and it basically includes the Transaction charges, STT charges, Stamp duty and finally GST.
Moving on, if you opt for special services like account closure or reactivation, then you need to pay Rs.50 per segment separately for both the services. Dematerialization comes for Rs.44.
Check out Charges of other Stock Brokers
General FAQs on My Value Trade Securities Charges
Lets have a look at the FAQs on My Value Trade Charges:
Does My Value Trade Securities provide fixed brokerage options?
Yes, you will find fixed brokerage plan options with them
Does My Value Trade Securities have different brokerage charges for penny stocks?
No, same brokerage plans are drafted for all kind of stocks.
Can I calculate My Value Trade Securities brokerage even before I place a Trade?
Yes, a brokerage calculator will be of help for you.
Can I calculate My Value Trade Securities margin / limit / exposure?
Yes, a margin calculator will work for the same instance.
Is there any account opening fees by My Value Trade Securities?
Yes, you should pay a one time charge to avail for their services.
Is there any AMC levied by My Value Trade Securities?
No, AMC obligation is not included.
My Value Trade Charges – Conclusion
For the final note, we can safely say the company has made pretty defined set of attempts for customer betterment. The economically structured My Value Trade Brokerage Charges are one fine example of why you can choose this company and its services.
All of My Value Trade Charges are in line with the industry standard and will definitely contribute towards your possibility of profit maximization. Make you decision now and choose this company as your investment broker.
Open Demat Account with My Value Trade Now! – Fill up the Form
Find out Brokerage Charges of other Stock Brokers
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