FundsIndia Vs Master Trust
FundsIndia
FundsIndia's overall views, updates & reviews. All about Services, Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account & more
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.
FundsIndia Vs Master Trust - Broker Details
| FundsIndia | Master Trust | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 1985 |
| Exchanges | Sebi | BSE, NSE and MCX |
| Branches | Zero | 989+ |
| Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
| Broker Type | Full Service Broker | Full service Broker |
| Call Back Open Account |
FundsIndia Vs Master Trust - Account Opening & AMC Charges
| FundsIndia | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹100/- |
| Demat Account AMC | ₹200 /-(Service Tax) 2nd Year onwards | ₹300 |
| Trading Account AMC | N/A | ₹0 |
| Call Back Open Account |
FundsIndia Vs Master Trust - Brokerage charges & Plans
| FundsIndia | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.30% |
| Currency Futures | N/A | ₹20/ Order or 0.30% |
| Equity Delivery | 0.01% | ₹0/- or 0.30% |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹75/ Lot |
| Commodity Options | N/A | ₹75/ Lot |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.30% |
| Currency Options | N/A | ₹25/ Lot |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order or 0.03% |
| Call Back Open Account |
FundsIndia Vs Master Trust - Other Charges
| FundsIndia | Master Trust | |
|---|---|---|
| RMS Square Off Charge | N/A | N/A |
| API Charges | N/A | APIs are available free of cost. |
| Call & Trade Charges | N/A | N/A |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order or 0.03% |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
| Call Back Open Account |
FundsIndia Vs Master Trust - Transaction Charges
| FundsIndia | Master Trust | |
|---|---|---|
| Currency Options | N/A | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | 0.0035% on turnover | NSE ₹300 | BSE ₹150 |
| Equity Intraday | 0.0035% on turnover | NSE ₹325| BSE ₹325 |
| Equity Options | 0.0035% on turnover | NSE ₹6000 | BSE ₹3500 |
| Commodity | N/A | MCX ₹250 |
| Currency Futures | N/A | NSE ₹120 | BSE ₹100 |
| Equity Delivery | 0.1% on the transaction amount | NSE ₹325| BSE ₹325 |
| Call Back Open Account |
FundsIndia Vs Master Trust - Margin (Exposure)
| FundsIndia | 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 | N/A | 2x |
| Commodity Options | N/A | 2x |
| Commodity Futures | N/A | 2x |
| Equity Delivery | 1x (100% of trade value) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | N/A | 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Call Back Open Account |
FundsIndia Vs Master Trust - Features
| FundsIndia | 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 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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| Call Back Open Account |
FundsIndia Vs Master Trust - Review & Rating
| FundsIndia | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
FundsIndia Vs Master Trust - Request a call back from Broker
| FundsIndia | Master Trust | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs Master Trust - Investment Options
| FundsIndia | 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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| Call Back Open Account |
FundsIndia Vs Master Trust - Order Type
| FundsIndia | 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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| Call Back Open Account |
FundsIndia Vs Master Trust - Research & Report
| FundsIndia | 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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| Call Back Open Account |
FundsIndia Vs Master Trust - Daily Market Report
| FundsIndia | Master Trust | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
FundsIndia Vs Master Trust - Suitable For Investor
| FundsIndia | Master Trust | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
FundsIndia Vs Master Trust - Pros & Cons
| FundsIndia | Master Trust | |
|---|---|---|
| Pros | 1.FundsIndia is the best investment platform in India. 2. Mutual fund services are free. 3) No Demat Charges 4) It is a trustworthy broker 5) For Customers’ convenience, the mobile trading app is available. 6) It has the best team for research analyst. | 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.No support in the currency or commodity markets. 2.Low exposure values are available. 3.Customer service response can improve. | 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. |
| Call Back Open Account |
FundsIndia Vs Master Trust - Background
| FundsIndia | Master Trust | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs Master Trust - Compare All Brokers
| FundsIndia | Master Trust | |
|---|---|---|
| Call Back Open Account |
FundsIndia Vs Master Trust - STT/CTT
| FundsIndia | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell trade (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | N/A | 0.05% on sell trade |
| Call Back Open Account |
FundsIndia Vs Master Trust - Demat transaction charges
| FundsIndia | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | |
| Call Back Open Account |
FundsIndia Vs Master Trust - GST
| FundsIndia | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
FundsIndia Vs Master Trust - SEBI Charges
| FundsIndia | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
FundsIndia Vs Master Trust - Account Opening & AMC Charges
FundsIndia
Master Trust
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹100/-
Demat Account AMC
₹200 /-(Service Tax) 2nd Year onwards
₹300
Trading Account AMC
N/A
₹0
FundsIndia Vs Master Trust
| FundsIndia | Master Trust | |
|---|---|---|
FundsIndia Review 2024FundsIndia is an online investment brokerage platform that was incorporated in the year 2009 by Fundsindia founders C.R. Chandrasekar and Srikanth Meenakshi, who completed their education at the University of Hyderabad. FundsIndia is India’s friendliest online-only investm .. + " Vs "+ Master Trust |
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.
FundsIndia Vs Master Trust - Brokerage charges & Plans
| FundsIndia | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.30% |
| Currency Futures | N/A | ₹20/ Order or 0.30% |
| Equity Delivery | 0.01% | ₹0/- or 0.30% |
| Equity Options | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹75/ Lot |
| Commodity Options | N/A | ₹75/ Lot |
| Equity Futures | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order or 0.30% |
| Currency Options | N/A | ₹25/ Lot |
| Fixed Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
| Equity Intraday | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order or 0.03% |
| Call Back Open Account |
FundsIndia Vs Master Trust - Margin (Exposure)
| FundsIndia | 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 | N/A | 2x |
| Commodity Options | N/A | 2x |
| Commodity Futures | N/A | 2x |
| Equity Delivery | 1x (100% of trade value) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | N/A | 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Call Back Open Account |
FundsIndia Vs Master Trust - Other Charges
| FundsIndia | Master Trust | |
|---|---|---|
| RMS Square Off Charge | N/A | N/A |
| API Charges | N/A | APIs are available free of cost. |
| Call & Trade Charges | N/A | N/A |
| Other Brokerage Charges | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/Order or 0.03% |
| Minimum Brokerage | 1)Transaction < 8,000 Brokerage - ₹25 Flat 2) Transaction > 8,000 Brokerage – 30 bps ( 30 paise for every ₹100) amount ₹150 | ₹20/ Order |
| Call Back Open Account |
FundsIndia Vs Master Trust - STT/CTT
| FundsIndia | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell trade (Non-Agri) |
| Currency Futures | N/A | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | N/A | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | N/A | 0.05% on sell trade |
| Call Back Open Account |
FundsIndia Vs Master Trust - Demat transaction charges
| FundsIndia | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip only on sell | |
| Call Back Open Account |
FundsIndia Vs Master Trust - GST
| FundsIndia | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
FundsIndia Vs Master Trust - SEBI Charges
| FundsIndia | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
FundsIndia Vs Master Trust - Features
| FundsIndia | 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 | 5-Day Margin trading can be done between 9:15 AM – 3:30 PM. However, you should square off the open position by 2:30 PM* on T+5 days. | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.FundsIndia Web 2.FundsIndia: Mutual Funds & SIP App | 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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| Call Back Open Account |