Master Trust Vs INDmoney
Master Trust
Master Trust is a full service Broker. Master Trust Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages in 2024.
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Master Trust Vs INDmoney - Broker Details
| Master Trust | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1985 | 2019 |
| Exchanges | BSE, NSE and MCX | NSE, BSE and MCX |
| Branches | 989+ | 966 |
| Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Broker Type | Full service Broker | Discount Broker |
Master Trust Vs INDmoney - Account Opening & AMC Charges
| Master Trust | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹100/- | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹0 (Free) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
Master Trust Vs INDmoney - Brokerage charges & Plans
| Master Trust | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | N/A |
| Currency Futures | ₹20/ Order or 0.30% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹0/- or 0.30% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹75/ Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹75/ Lot | N/A |
| Equity Futures | ₹20/ Order or 0.30% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹25/ Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/Order or 0.03% | 0.05% or up to ₹20/Per Order |
Master Trust Vs INDmoney - Other Charges
| Master Trust | INDmoney | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per position |
| API Charges | APIs are available free of cost. | N/A |
| Call & Trade Charges | N/A | ₹50 per position |
| Other Brokerage Charges | ₹20/Order or 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Master Trust Vs INDmoney - Transaction Charges
| Master Trust | INDmoney | |
|---|---|---|
| Currency Options | NSE ₹4200 | BSE ₹1000 | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE ₹300 | BSE ₹150 | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE ₹325| BSE ₹325 | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE ₹6000 | BSE ₹3500 | NSE: 0.053% on premium value |
| Commodity | MCX ₹250 | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | NSE ₹120 | BSE ₹100 | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE ₹325| BSE ₹325 | NSE - 0.00325% | BSE- 0.00375% |
Master Trust Vs INDmoney - Margin (Exposure)
| Master Trust | INDmoney | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (Up to 20% of trade value) |
| Currency Options | 2x | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x | 1x (no margin) |
| Currency Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
Master Trust Vs INDmoney - Features
| Master Trust | INDmoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Master Trust Vs INDmoney - Review & Rating
| Master Trust | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Master Trust Vs INDmoney - Request a call back from Broker
| Master Trust | INDmoney | |
|---|---|---|
Master Trust Vs INDmoney - Investment Options
| Master Trust | INDmoney | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Master Trust Vs INDmoney - Order Type
| Master Trust | INDmoney | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Master Trust Vs INDmoney - Research & Report
| Master Trust | INDmoney | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Master Trust Vs INDmoney - Daily Market Report
| Master Trust | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Master Trust Vs INDmoney - Suitable For Investor
| Master Trust | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Master Trust Vs INDmoney - Pros & Cons
| Master Trust | INDmoney | |
|---|---|---|
| Pros | 1. The broker has a very decent offline presence. 2. It has various multiple communication channels. 3. It provides a fantastic range of trading products. 4. It charges low brokerage from its customers. | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1. The broker avails its customer with very less exposure or leverage to its customers. 2. They offer a two-in-one account and not the three-in-one account like other brokers to its customers. | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Master Trust Vs INDmoney - Background
| Master Trust | INDmoney | |
|---|---|---|
Master Trust Vs INDmoney - Compare All Brokers
| Master Trust | INDmoney | |
|---|---|---|
Master Trust Vs INDmoney - STT/CTT
| Master Trust | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% only on sell side |
Master Trust Vs INDmoney - Demat transaction charges
| Master Trust | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | |
Master Trust Vs INDmoney - GST
| Master Trust | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Master Trust Vs INDmoney - SEBI Charges
| Master Trust | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs INDmoney - Account Opening & AMC Charges
Master Trust
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹100/-
₹0 (Free)
Demat Account AMC
₹300
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Master Trust Vs INDmoney
| Master Trust | INDmoney | |
|---|---|---|
Master Trust Review | Brokerage Charges, Account OpeningMaster Trust is a discount brokerage firm that is a part of Master Trust Capital Services Ltd. This brokerage firm was incorporated in the year 1985. The Capital Services Limited is one of the leading financial firm company in India. |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Master Trust Vs INDmoney - Brokerage charges & Plans
| Master Trust | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | N/A |
| Currency Futures | ₹20/ Order or 0.30% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹0/- or 0.30% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹75/ Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹75/ Lot | N/A |
| Equity Futures | ₹20/ Order or 0.30% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹25/ Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/Order or 0.03% | 0.05% or up to ₹20/Per Order |
Master Trust Vs INDmoney - Margin (Exposure)
| Master Trust | INDmoney | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (Up to 20% of trade value) |
| Currency Options | 2x | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x | 1x (no margin) |
| Currency Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
Master Trust Vs INDmoney - Other Charges
| Master Trust | INDmoney | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per position |
| API Charges | APIs are available free of cost. | N/A |
| Call & Trade Charges | N/A | ₹50 per position |
| Other Brokerage Charges | ₹20/Order or 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Master Trust Vs INDmoney - STT/CTT
| Master Trust | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% only on sell side |
Master Trust Vs INDmoney - Demat transaction charges
| Master Trust | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | |
Master Trust Vs INDmoney - GST
| Master Trust | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Master Trust Vs INDmoney - SEBI Charges
| Master Trust | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs INDmoney - Features
| Master Trust | INDmoney | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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