Elite Wealth Vs Master Trust
Elite Wealth
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.
Elite Wealth Vs Master Trust - Broker Details
| Elite Wealth | Master Trust | |
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| Single Margin Facility |
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| Year of Incorporation | 1990 | 1985 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | N/A | 989+ |
| Brokerage | 0.03% | ₹20/ Order |
| Broker Type | Full Service Broker | Full service Broker |
Elite Wealth Vs Master Trust - Account Opening & AMC Charges
| Elite Wealth | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹100/- |
| Demat Account AMC | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹0 |
Elite Wealth Vs Master Trust - Brokerage charges & Plans
| Elite Wealth | Master Trust | |
|---|---|---|
| Commodity Futures | 0.03% | ₹20/ Order or 0.30% |
| Currency Futures | 0.03% | ₹20/ Order or 0.30% |
| Equity Delivery | 0.33% | ₹0/- or 0.30% |
| Equity Options | ₹33 per Lot | ₹75/ Lot |
| Commodity Options | 0.03% | ₹75/ Lot |
| Equity Futures | 0.03% | ₹20/ Order or 0.30% |
| Currency Options | ₹33 per Lot | ₹25/ Lot |
| Fixed Charges | 0.03% | ₹20/ Order |
| Equity Intraday | 0.03% | ₹20/Order or 0.03% |
Elite Wealth Vs Master Trust - Other Charges
| Elite Wealth | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | 0.03% | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.03% | ₹20/ Order |
Elite Wealth Vs Master Trust - Transaction Charges
| Elite Wealth | Master Trust | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE ₹300 | BSE ₹150 |
| Equity Intraday | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE ₹325| BSE ₹325 |
| Equity Options | NSE: 0.053% on Premium value | NSE ₹6000 | BSE ₹3500 |
| Commodity | 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 Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | MCX ₹250 |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE ₹120 | BSE ₹100 |
| Equity Delivery | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE ₹325| BSE ₹325 |
Elite Wealth Vs Master Trust - Margin (Exposure)
| Elite Wealth | Master Trust | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x (100% of Normal margin (Span + exposure)) | 2x |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Equity Delivery | 1x (100% of trade value) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | 1x (100% of Normal margin (Span + exposure)) | 2x |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 2x |
Elite Wealth Vs Master Trust - Features
| Elite Wealth | Master Trust | |
|---|---|---|
| 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 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Master Trust - Review & Rating
| Elite Wealth | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
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| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Master Trust - Request a call back from Broker
| Elite Wealth | Master Trust | |
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Elite Wealth Vs Master Trust - Investment Options
| Elite Wealth | Master Trust | |
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| 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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Elite Wealth Vs Master Trust - Order Type
| Elite Wealth | Master Trust | |
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| 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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Elite Wealth Vs Master Trust - Research & Report
| Elite Wealth | Master Trust | |
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| 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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Elite Wealth Vs Master Trust - Daily Market Report
| Elite Wealth | Master Trust | |
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| Daily Market Reports & News |
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Elite Wealth Vs Master Trust - Suitable For Investor
| Elite Wealth | Master Trust | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Master Trust - Pros & Cons
| Elite Wealth | Master Trust | |
|---|---|---|
| Pros | 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days | 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. |
| Cons | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. | 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. |
Elite Wealth Vs Master Trust - Background
| Elite Wealth | Master Trust | |
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Elite Wealth Vs Master Trust - Compare All Brokers
| Elite Wealth | Master Trust | |
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Elite Wealth Vs Master Trust - STT/CTT
| Elite Wealth | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell trade |
Elite Wealth Vs Master Trust - Demat transaction charges
| Elite Wealth | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | |
Elite Wealth Vs Master Trust - GST
| Elite Wealth | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Master Trust - SEBI Charges
| Elite Wealth | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Master Trust - Account Opening & AMC Charges
Elite Wealth
Master Trust
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹100/-
Demat Account AMC
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
₹300
Trading Account AMC
₹0 (Free)
₹0
Elite Wealth Vs Master Trust
| Elite Wealth | Master Trust | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
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. |
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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.
Elite Wealth Vs Master Trust - Brokerage charges & Plans
| Elite Wealth | Master Trust | |
|---|---|---|
| Commodity Futures | 0.03% | ₹20/ Order or 0.30% |
| Currency Futures | 0.03% | ₹20/ Order or 0.30% |
| Equity Delivery | 0.33% | ₹0/- or 0.30% |
| Equity Options | ₹33 per Lot | ₹75/ Lot |
| Commodity Options | 0.03% | ₹75/ Lot |
| Equity Futures | 0.03% | ₹20/ Order or 0.30% |
| Currency Options | ₹33 per Lot | ₹25/ Lot |
| Fixed Charges | 0.03% | ₹20/ Order |
| Equity Intraday | 0.03% | ₹20/Order or 0.03% |
Elite Wealth Vs Master Trust - Margin (Exposure)
| Elite Wealth | Master Trust | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x (100% of Normal margin (Span + exposure)) | 2x |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 2x |
| Equity Delivery | 1x (100% of trade value) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | 1x (100% of Normal margin (Span + exposure)) | 2x |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 2x |
Elite Wealth Vs Master Trust - Other Charges
| Elite Wealth | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | 0.03% | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.03% | ₹20/ Order |
Elite Wealth Vs Master Trust - STT/CTT
| Elite Wealth | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell trade |
Elite Wealth Vs Master Trust - Demat transaction charges
| Elite Wealth | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | |
Elite Wealth Vs Master Trust - GST
| Elite Wealth | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Elite Wealth Vs Master Trust - SEBI Charges
| Elite Wealth | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Master Trust - Features
| Elite Wealth | Master Trust | |
|---|---|---|
| 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 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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