Master Trust Vs Definedge Securities
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.
Definedge Securities
Master Trust Vs Definedge Securities - Broker Details
| Master Trust | Definedge Securities | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 1985 | 2015 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX. |
| Branches | 989+ | 270 |
| Brokerage | ₹20/ Order | ₹18 per executed order |
| Broker Type | Full service Broker | Discount Broker |
Master Trust Vs Definedge Securities - Account Opening & AMC Charges
| Master Trust | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹180 |
| Demat Account Opening Charge | ₹100/- | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹300 |
| Trading Account AMC | ₹0 | ₹300 AMC |
Master Trust Vs Definedge Securities - Brokerage charges & Plans
| Master Trust | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order or 0.30% | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹0/- or 0.30% | ₹0 (Free) |
| Equity Options | ₹75/ Lot | ₹18 per executed order |
| Commodity Options | ₹75/ Lot | ₹18 per executed order |
| Equity Futures | ₹20/ Order or 0.30% | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹25/ Lot | ₹18 per executed order |
| Fixed Charges | ₹20/ Order | ₹18 per executed order |
| Equity Intraday | ₹20/Order or 0.03% | 0.03% or ₹ 18 per executed order whichever is lower |
Master Trust Vs Definedge Securities - Other Charges
| Master Trust | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | APIs are available free of cost. | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹36/- per order |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
Master Trust Vs Definedge Securities - Transaction Charges
| Master Trust | Definedge Securities | |
|---|---|---|
| Currency Options | NSE ₹4200 | BSE ₹1000 | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE ₹300 | BSE ₹150 | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE ₹325| BSE ₹325 | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE ₹6000 | BSE ₹3500 | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | MCX ₹250 | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE ₹120 | BSE ₹100 | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE ₹325| BSE ₹325 | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Master Trust Vs Definedge Securities - Margin (Exposure)
| Master Trust | Definedge Securities | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (Up to 20% of trade value) |
| Currency Options | 2x | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 2x | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 2x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x | 1x (100% of trade value) |
| Currency Futures | 2x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of Normal margin (Span + Exposure) |
Master Trust Vs Definedge Securities - Features
| Master Trust | Definedge Securities | |
|---|---|---|
| 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: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Master Trust Vs Definedge Securities - Review & Rating
| Master Trust | Definedge Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Master Trust Vs Definedge Securities - Request a call back from Broker
| Master Trust | Definedge Securities | |
|---|---|---|
Master Trust Vs Definedge Securities - Investment Options
| Master Trust | Definedge Securities | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Master Trust Vs Definedge Securities - Order Type
| Master Trust | Definedge Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Master Trust Vs Definedge Securities - Research & Report
| Master Trust | Definedge Securities | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Master Trust Vs Definedge Securities - Daily Market Report
| Master Trust | Definedge Securities | |
|---|---|---|
| Daily Market Reports & News |
|
|
Master Trust Vs Definedge Securities - Suitable For Investor
| Master Trust | Definedge Securities | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Master Trust Vs Definedge Securities - Pros & Cons
| Master Trust | Definedge Securities | |
|---|---|---|
| Pros | 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. | 1. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. |
| Cons | 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. | 1. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. |
Master Trust Vs Definedge Securities - Background
| Master Trust | Definedge Securities | |
|---|---|---|
Master Trust Vs Definedge Securities - Compare All Brokers
| Master Trust | Definedge Securities | |
|---|---|---|
Master Trust Vs Definedge Securities - STT/CTT
| Master Trust | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell Side |
| Equity Options | 0.05% only on sell | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Master Trust Vs Definedge Securities - Demat transaction charges
| Master Trust | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | |
Master Trust Vs Definedge Securities - GST
| Master Trust | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Master Trust Vs Definedge Securities - SEBI Charges
| Master Trust | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Master Trust Vs Definedge Securities - Account Opening & AMC Charges
Master Trust
Definedge Securities
Trading Account Opening Charge
₹0 (Free)
₹180
Demat Account Opening Charge
₹100/-
₹0 (Free)
Demat Account AMC
₹300
₹300
Trading Account AMC
₹0
₹300 AMC
Master Trust Vs Definedge Securities
| Master Trust | Definedge Securities | |
|---|---|---|
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. |
Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms |
|
|
|
|
|
Definedge Securities
Master Trust Vs Definedge Securities - Brokerage charges & Plans
| Master Trust | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.03% or ₹18 per executed order whichever is lower |
| Currency Futures | ₹20/ Order or 0.30% | 0.03% or ₹18 per executed order whichever is lower |
| Equity Delivery | ₹0/- or 0.30% | ₹0 (Free) |
| Equity Options | ₹75/ Lot | ₹18 per executed order |
| Commodity Options | ₹75/ Lot | ₹18 per executed order |
| Equity Futures | ₹20/ Order or 0.30% | 0.03% or ₹18 per executed order whichever is lower |
| Currency Options | ₹25/ Lot | ₹18 per executed order |
| Fixed Charges | ₹20/ Order | ₹18 per executed order |
| Equity Intraday | ₹20/Order or 0.03% | 0.03% or ₹ 18 per executed order whichever is lower |
Master Trust Vs Definedge Securities - Margin (Exposure)
| Master Trust | Definedge Securities | |
|---|---|---|
| Equity Options | 1x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (Up to 20% of trade value) |
| Currency Options | 2x | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 2x | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 2x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x | 1x (100% of trade value) |
| Currency Futures | 2x | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of Normal margin (Span + Exposure) |
Master Trust Vs Definedge Securities - Other Charges
| Master Trust | Definedge Securities | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | APIs are available free of cost. | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹36/- per order |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹18 per executed order |
| Minimum Brokerage | ₹20/ Order | ₹18 per executed order |
Master Trust Vs Definedge Securities - STT/CTT
| Master Trust | Definedge Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell Side |
| Equity Options | 0.05% only on sell | 0.05% on sell Side |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Master Trust Vs Definedge Securities - Demat transaction charges
| Master Trust | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | |
Master Trust Vs Definedge Securities - GST
| Master Trust | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Master Trust Vs Definedge Securities - SEBI Charges
| Master Trust | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Master Trust Vs Definedge Securities - Features
| Master Trust | Definedge Securities | |
|---|---|---|
| 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: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|