INDmoney Vs Master Trust
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
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 Vs Master Trust - Broker Details
| INDmoney | Master Trust | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 1985 |
| Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
| Branches | 966 | 989+ |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Broker Type | Discount Broker | Full service Broker |
INDmoney Vs Master Trust - Account Opening & AMC Charges
| INDmoney | 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 |
INDmoney Vs Master Trust - Brokerage charges & Plans
| INDmoney | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.30% |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.30% |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0/- or 0.30% |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹75/ Lot |
| Commodity Options | N/A | ₹75/ Lot |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.30% |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹25/ Lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% |
INDmoney Vs Master Trust - Other Charges
| INDmoney | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | N/A |
| API Charges | N/A | APIs are available free of cost. |
| Call & Trade Charges | ₹50 per position | N/A |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs Master Trust - Transaction Charges
| INDmoney | Master Trust | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE ₹300 | BSE ₹150 |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | 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 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 | MCX ₹250 |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE ₹120 | BSE ₹100 |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE ₹325| BSE ₹325 |
INDmoney Vs Master Trust - Margin (Exposure)
| INDmoney | 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 |
INDmoney Vs Master Trust - Features
| INDmoney | 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile 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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INDmoney Vs Master Trust - Review & Rating
| INDmoney | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Master Trust - Request a call back from Broker
| INDmoney | Master Trust | |
|---|---|---|
INDmoney Vs Master Trust - Investment Options
| INDmoney | 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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INDmoney Vs Master Trust - Order Type
| INDmoney | 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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INDmoney Vs Master Trust - Research & Report
| INDmoney | 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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INDmoney Vs Master Trust - Daily Market Report
| INDmoney | Master Trust | |
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| Daily Market Reports & News |
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INDmoney Vs Master Trust - Suitable For Investor
| INDmoney | Master Trust | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Master Trust - Pros & Cons
| INDmoney | Master Trust | |
|---|---|---|
| Pros | 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. | 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.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. | 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. |
INDmoney Vs Master Trust - Background
| INDmoney | Master Trust | |
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INDmoney Vs Master Trust - Compare All Brokers
| INDmoney | Master Trust | |
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INDmoney Vs Master Trust - STT/CTT
| INDmoney | 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 |
INDmoney Vs Master Trust - Demat transaction charges
| INDmoney | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | |
INDmoney Vs Master Trust - GST
| INDmoney | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Master Trust - SEBI Charges
| INDmoney | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Master Trust - Account Opening & AMC Charges
INDmoney
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
INDmoney Vs Master Trust
| INDmoney | Master Trust | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation 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.
INDmoney Vs Master Trust - Brokerage charges & Plans
| INDmoney | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.30% |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.30% |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0/- or 0.30% |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹75/ Lot |
| Commodity Options | N/A | ₹75/ Lot |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.30% |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹25/ Lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% |
INDmoney Vs Master Trust - Margin (Exposure)
| INDmoney | 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 |
INDmoney Vs Master Trust - Other Charges
| INDmoney | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | N/A |
| API Charges | N/A | APIs are available free of cost. |
| Call & Trade Charges | ₹50 per position | N/A |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs Master Trust - STT/CTT
| INDmoney | 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 |
INDmoney Vs Master Trust - Demat transaction charges
| INDmoney | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | |
INDmoney Vs Master Trust - GST
| INDmoney | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Master Trust - SEBI Charges
| INDmoney | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Master Trust - Features
| INDmoney | 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: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile 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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