Fyers Vs Master Trust
Fyers
Fyers Review- Free Investment in Equity Delivery, FNO Trades at Flat 20 Rs Fyers Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, Fyers Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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.
Fyers Vs Master Trust - Broker Details
| Fyers | Master Trust | |
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| Single Margin Facility |
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| Year of Incorporation | 2015 | 1985 |
| Exchanges | BSE, NSE, MCX. | BSE, NSE and MCX |
| Branches | Zero | 989+ |
| Brokerage | ₹20/ Order or 0.03% ( Whichever is lower) | ₹20/ Order |
| Broker Type | Discount Broker | Full service Broker |
Fyers Vs Master Trust - Account Opening & AMC Charges
| Fyers | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹100/- |
| Demat Account AMC | ₹0 (Free) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹0 |
Fyers Vs Master Trust - Brokerage charges & Plans
| Fyers | Master Trust | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Equity Delivery | ₹0 | ₹0/- or 0.30% |
| Equity Options | ₹20/ Order | ₹75/ Lot |
| Commodity Options | ₹20/ Order | ₹75/ Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Options | ₹20/ Order | ₹25/ Lot |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | ₹20/Order or 0.03% |
Fyers Vs Master Trust - Other Charges
| Fyers | Master Trust | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | (₹50 + GST) | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Fyers Vs Master Trust - Transaction Charges
| Fyers | Master Trust | |
|---|---|---|
| Currency Options | ₹5900/ Cr(on premium) (0.059%) | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | ₹240/ Cr (0.0024%) | NSE ₹300 | BSE ₹150 |
| Equity Intraday | ₹325/ Cr (0.00325%) | NSE ₹325| BSE ₹325 |
| Equity Options | ₹5900/ Cr (on premium) (0.059%) | NSE ₹6000 | BSE ₹3500 |
| Commodity | NA | MCX ₹250 |
| Currency Futures | ₹240/ Cr (0.0024%) | NSE ₹120 | BSE ₹100 |
| Equity Delivery | ₹325/ Cr (0.00325%) | NSE ₹325| BSE ₹325 |
Fyers Vs Master Trust - Margin (Exposure)
| Fyers | 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 (100% of trade value) | 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 |
Fyers Vs Master Trust - Features
| Fyers | 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 Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based 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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Fyers Vs Master Trust - Review & Rating
| Fyers | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Fyers Vs Master Trust - Request a call back from Broker
| Fyers | Master Trust | |
|---|---|---|
Fyers Vs Master Trust - Investment Options
| Fyers | 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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Fyers Vs Master Trust - Order Type
| Fyers | 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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Fyers Vs Master Trust - Research & Report
| Fyers | 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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Fyers Vs Master Trust - Daily Market Report
| Fyers | Master Trust | |
|---|---|---|
| Daily Market Reports & News |
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Fyers Vs Master Trust - Suitable For Investor
| Fyers | Master Trust | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Fyers Vs Master Trust - Pros & Cons
| Fyers | Master Trust | |
|---|---|---|
| Pros | 1.Free equity delivery trading 2.The brokerage rate charged by FYERS is ultra-low, Flat ₹20 per trade 3.Quick implementation of new features and services through in-house build trading platform. 4.Referral plan helps to earn 20% of the revenue generated by the referred friend for life time. 5.Investment opportunities in group of stocks through Thematic Investing. 6.Transparency in fee charging i.e. there are no hidden charges. 7.Availability of trading software’s that too completely free. | 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.Higher exchange transaction charges in comparison to other discount brokers. 2. Lack of professional team for market analysis. 3.Depository Services are not provided. 4.FYERS does not provide commodity trading services 5.Customer service lines are not toll free. | 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. |
Fyers Vs Master Trust - Background
| Fyers | Master Trust | |
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Fyers Vs Master Trust - Compare All Brokers
| Fyers | Master Trust | |
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Fyers Vs Master Trust - STT/CTT
| Fyers | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% only on sell |
| Equity Options | 0.05% on sell value (Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell value | 0.01% only on sell |
| Commodity Options | 0.05% on the sell value | 0.05% on sell trade |
Fyers Vs Master Trust - Demat transaction charges
| Fyers | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | |
Fyers Vs Master Trust - GST
| Fyers | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Fyers Vs Master Trust - SEBI Charges
| Fyers | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fyers Vs Master Trust - Account Opening & AMC Charges
Fyers
Master Trust
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹100/-
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹0
Fyers Vs Master Trust
| Fyers | Master Trust | |
|---|---|---|
FYERS Review 2024 | Brokerage Charges, Account OpeningFYERS Securities is a Bangalore based discount broker, offering trade in Equity cash, F&O and Currency Derivatives segments at NSE, BSE and MCX. Being incorporated in 2015, the firm focuses on providing services at low brokerage rates. In fact, FYERS is an acronym of “Focus Your Energy & Reform t .. + " 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.
Fyers Vs Master Trust - Brokerage charges & Plans
| Fyers | Master Trust | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Equity Delivery | ₹0 | ₹0/- or 0.30% |
| Equity Options | ₹20/ Order | ₹75/ Lot |
| Commodity Options | ₹20/ Order | ₹75/ Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Options | ₹20/ Order | ₹25/ Lot |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower)r | ₹20/Order or 0.03% |
| Call Back Open Account |
Fyers Vs Master Trust - Margin (Exposure)
| Fyers | 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 (100% of trade value) | 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 |
| Call Back Open Account |
Fyers Vs Master Trust - Other Charges
| Fyers | Master Trust | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | (₹50 + GST) | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Fyers Vs Master Trust - STT/CTT
| Fyers | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% on the sell value | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on sell value | 0.025% only on sell |
| Equity Options | 0.05% on sell value (Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.10% | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell value | 0.01% only on sell |
| Commodity Options | 0.05% on the sell value | 0.05% on sell trade |
Fyers Vs Master Trust - Demat transaction charges
| Fyers | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹7 + ₹5.5 (CDSL Charges) | |
Fyers Vs Master Trust - GST
| Fyers | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Fyers Vs Master Trust - SEBI Charges
| Fyers | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Fyers Vs Master Trust - Features
| Fyers | 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 Cash:- 3:00 PM | Equity Derivatives:- 3:15 PM | Currency Derivatives:- 4:30 PM | Commodities:- 11:15 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Fyers One (Installable Trading terminal). 2. Fyers Markets (Mobile Trading application). 3. Fyers Web Trader (Web-based 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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| Call Back Open Account |