Fisdom Vs Master Trust
Fisdom
Fisdom Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Fisdom Vs Master Trust - Broker Details
| Fisdom | Master Trust | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2015 | 1985 |
| Exchanges | NSE, BSE, and NCDEX | BSE, NSE and MCX |
| Branches | 15+ | 989+ |
| Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Broker Type | Discount Broker | Full service Broker |
Fisdom Vs Master Trust - Account Opening & AMC Charges
| Fisdom | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free) | ₹100/- |
| Demat Account AMC | Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | ₹300 |
| Trading Account AMC | NA | ₹0 |
Fisdom Vs Master Trust - Brokerage charges & Plans
| Fisdom | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.30% |
| Currency Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order or 0.30% |
| Equity Delivery | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% | ₹0/- or 0.30% |
| Equity Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹75/ Lot |
| Commodity Options | N/A | ₹75/ Lot |
| Equity Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order or 0.30% |
| Currency Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹25/ Lot |
| Fixed Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Equity Intraday | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/Order or 0.03% |
Fisdom Vs Master Trust - Other Charges
| Fisdom | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | ₹20/ Order | N/A |
| Other Brokerage Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/Order or 0.03% |
| Minimum Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
Fisdom Vs Master Trust - Transaction Charges
| Fisdom | Master Trust | |
|---|---|---|
| Currency Options | NSE: 0.053% (on premium) | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | NSE: 0.002% | NSE ₹300 | BSE ₹150 |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325| BSE ₹325 |
| Equity Options | NSE: 0.053% (on premium) | NSE ₹6000 | BSE ₹3500 |
| Commodity | N/A | MCX ₹250 |
| Currency Futures | NSE: 0.002% | NSE ₹120 | BSE ₹100 |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325| BSE ₹325 |
Fisdom Vs Master Trust - Margin (Exposure)
| Fisdom | Master Trust | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 2x |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Equity Delivery | 1x (no margin) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
Fisdom Vs Master Trust - Features
| Fisdom | 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: 4:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Fisdom Mobile App, 2. Fisdom Web Portal | 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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Fisdom Vs Master Trust - Review & Rating
| Fisdom | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Fisdom Vs Master Trust - Request a call back from Broker
| Fisdom | Master Trust | |
|---|---|---|
Fisdom Vs Master Trust - Investment Options
| Fisdom | Master Trust | |
|---|---|---|
| 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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Fisdom Vs Master Trust - Order Type
| Fisdom | Master Trust | |
|---|---|---|
| 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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Fisdom Vs Master Trust - Research & Report
| Fisdom | Master Trust | |
|---|---|---|
| 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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Fisdom Vs Master Trust - Daily Market Report
| Fisdom | Master Trust | |
|---|---|---|
| Daily Market Reports & News |
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Fisdom Vs Master Trust - Suitable For Investor
| Fisdom | Master Trust | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Fisdom Vs Master Trust - Pros & Cons
| Fisdom | Master Trust | |
|---|---|---|
| Pros | 1. user-friendly trading platform 2.It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4.Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. | 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. It does not facilitate its customers with the 3-in-1 demat account. 2.The charges for call and trade is ₹20. 3. Fisdom charges high fees or has hidden costs. | 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. |
Fisdom Vs Master Trust - Background
| Fisdom | Master Trust | |
|---|---|---|
Fisdom Vs Master Trust - Compare All Brokers
| Fisdom | Master Trust | |
|---|---|---|
Fisdom Vs Master Trust - STT/CTT
| Fisdom | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell trade (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 (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% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% only on sell side | 0.05% on sell trade |
Fisdom Vs Master Trust - Demat transaction charges
| Fisdom | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | |
Fisdom Vs Master Trust - GST
| Fisdom | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Fisdom Vs Master Trust - SEBI Charges
| Fisdom | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fisdom Vs Master Trust - Account Opening & AMC Charges
Fisdom
Master Trust
Trading Account Opening Charge
Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free)
₹100/-
Demat Account AMC
Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime
₹300
Trading Account AMC
NA
₹0
Fisdom Vs Master Trust
| Fisdom | Master Trust | |
|---|---|---|
Fisdom Account Opening Process and Charge Details |
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.
Fisdom Vs Master Trust - Brokerage charges & Plans
| Fisdom | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.30% |
| Currency Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order or 0.30% |
| Equity Delivery | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% | ₹0/- or 0.30% |
| Equity Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹75/ Lot |
| Commodity Options | N/A | ₹75/ Lot |
| Equity Futures | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order or 0.30% |
| Currency Options | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot | ₹25/ Lot |
| Fixed Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
| Equity Intraday | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/Order or 0.03% |
Fisdom Vs Master Trust - Margin (Exposure)
| Fisdom | Master Trust | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 2x |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Equity Delivery | 1x (no margin) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
Fisdom Vs Master Trust - Other Charges
| Fisdom | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹50 per order | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | ₹20/ Order | N/A |
| Other Brokerage Charges | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/Order or 0.03% |
| Minimum Brokerage | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% | ₹20/ Order |
Fisdom Vs Master Trust - STT/CTT
| Fisdom | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell trade (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 (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% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% only on sell side | 0.05% on sell trade |
Fisdom Vs Master Trust - Demat transaction charges
| Fisdom | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | |
Fisdom Vs Master Trust - GST
| Fisdom | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Fisdom Vs Master Trust - SEBI Charges
| Fisdom | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fisdom Vs Master Trust - Features
| Fisdom | 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: 4:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Fisdom Mobile App, 2. Fisdom Web Portal | 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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