Master Trust Vs Progressive Share Brokers
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.
Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Master Trust Vs Progressive Share Brokers - Broker Details
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1985 | 1996 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 989+ | 3 |
| Brokerage | ₹20/ Order | 0.04% per order |
| Broker Type | Full service Broker | Full Service Broker |
Master Trust Vs Progressive Share Brokers - Account Opening & AMC Charges
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹100/- | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹250 per Year |
| Trading Account AMC | ₹0 | NA |
Master Trust Vs Progressive Share Brokers - Brokerage charges & Plans
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.04% per order |
| Currency Futures | ₹20/ Order or 0.30% | 0.04% per order |
| Equity Delivery | ₹0/- or 0.30% | 0.35% per order |
| Equity Options | ₹75/ Lot | ₹35 per lot |
| Commodity Options | ₹75/ Lot | ₹35 per lot |
| Equity Futures | ₹20/ Order or 0.30% | 0.04% per order |
| Currency Options | ₹25/ Lot | ₹15 per lot |
| Fixed Charges | ₹20/ Order | 0.04% per order |
| Equity Intraday | ₹20/Order or 0.03% | 0.04% per order |
Master Trust Vs Progressive Share Brokers - Other Charges
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | APIs are available free of cost. | Free API |
| Call & Trade Charges | N/A | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/Order or 0.03% | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
Master Trust Vs Progressive Share Brokers - Transaction Charges
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE ₹4200 | BSE ₹1000 | Exchange txn charge: 0.035% |
| Equity Futures | NSE ₹300 | BSE ₹150 | NSE: 0.0019% |
| Equity Intraday | NSE ₹325| BSE ₹325 | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE ₹6000 | BSE ₹3500 | NSE: 0.05% (on premium) |
| Commodity | MCX ₹250 | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE ₹120 | BSE ₹100 | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE ₹325| BSE ₹325 | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Master Trust Vs Progressive Share Brokers - Margin (Exposure)
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| 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 Progressive Share Brokers - Features
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| 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: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Master Trust Vs Progressive Share Brokers - Review & Rating
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Master Trust Vs Progressive Share Brokers - Request a call back from Broker
| Master Trust | Progressive Share Brokers | |
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Master Trust Vs Progressive Share Brokers - Investment Options
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| 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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Master Trust Vs Progressive Share Brokers - Order Type
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| 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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Master Trust Vs Progressive Share Brokers - Research & Report
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| 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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Master Trust Vs Progressive Share Brokers - Daily Market Report
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
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Master Trust Vs Progressive Share Brokers - Suitable For Investor
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Master Trust Vs Progressive Share Brokers - Pros & Cons
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| 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. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| 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. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Master Trust Vs Progressive Share Brokers - Background
| Master Trust | Progressive Share Brokers | |
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Master Trust Vs Progressive Share Brokers - Compare All Brokers
| Master Trust | Progressive Share Brokers | |
|---|---|---|
Master Trust Vs Progressive Share Brokers - STT/CTT
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| 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 | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Master Trust Vs Progressive Share Brokers - Demat transaction charges
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | |
Master Trust Vs Progressive Share Brokers - GST
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Master Trust Vs Progressive Share Brokers - SEBI Charges
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Progressive Share Brokers - Account Opening & AMC Charges
Master Trust
Progressive Share Brokers
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹100/-
₹0 (Free)
Demat Account AMC
₹300
₹250 per Year
Trading Account AMC
₹0
NA
Master Trust Vs Progressive Share Brokers
| Master Trust | Progressive Share Brokers | |
|---|---|---|
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. |
Progressive Share Brokers Account Opening Process and Charges |
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Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Master Trust Vs Progressive Share Brokers - Brokerage charges & Plans
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.04% per order |
| Currency Futures | ₹20/ Order or 0.30% | 0.04% per order |
| Equity Delivery | ₹0/- or 0.30% | 0.35% per order |
| Equity Options | ₹75/ Lot | ₹35 per lot |
| Commodity Options | ₹75/ Lot | ₹35 per lot |
| Equity Futures | ₹20/ Order or 0.30% | 0.04% per order |
| Currency Options | ₹25/ Lot | ₹15 per lot |
| Fixed Charges | ₹20/ Order | 0.04% per order |
| Equity Intraday | ₹20/Order or 0.03% | 0.04% per order |
Master Trust Vs Progressive Share Brokers - Margin (Exposure)
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| 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 Progressive Share Brokers - Other Charges
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | APIs are available free of cost. | Free API |
| Call & Trade Charges | N/A | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹20/Order or 0.03% | 0.04% per order |
| Minimum Brokerage | ₹20/ Order | 0.04% per order |
Master Trust Vs Progressive Share Brokers - STT/CTT
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| 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 | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Master Trust Vs Progressive Share Brokers - Demat transaction charges
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 per request | |
Master Trust Vs Progressive Share Brokers - GST
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Master Trust Vs Progressive Share Brokers - SEBI Charges
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Progressive Share Brokers - Features
| Master Trust | Progressive Share Brokers | |
|---|---|---|
| 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:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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