Master Trust Vs Trade Smart
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.
Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
Master Trust Vs Trade Smart - Broker Details
| Master Trust | Trade Smart | |
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| Single Margin Facility |
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| Year of Incorporation | 1985 | 1994 |
| Exchanges | BSE, NSE and MCX | BSE, NSE and MCX. |
| Branches | 989+ | Zero |
| Brokerage | ₹20/ Order | 0.007% or ₹15/ Order |
| Broker Type | Full service Broker | Discount Broker |
Master Trust Vs Trade Smart - Account Opening & AMC Charges
| Master Trust | Trade Smart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹100/- | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹300 ( 2nd Year onwards) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
Master Trust Vs Trade Smart - Brokerage charges & Plans
| Master Trust | Trade Smart | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.007% or ₹15/ Order |
| Currency Futures | ₹20/ Order or 0.30% | 0.007% or ₹15/ Order |
| Equity Delivery | ₹0/- or 0.30% | 0.07% or ₹15/ Order |
| Equity Options | ₹75/ Lot | ₹7/ Lot or ₹15/ Order |
| Commodity Options | ₹75/ Lot | ₹7/ Lot or ₹15/ Order |
| Equity Futures | ₹20/ Order or 0.30% | 0.007% or ₹15/ Order |
| Currency Options | ₹25/ Lot | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | ₹20/ Order | ₹15/ Order |
| Equity Intraday | ₹20/Order or 0.03% | 0.007% or ₹15/ Order |
Master Trust Vs Trade Smart - Other Charges
| Master Trust | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹20/Order |
| API Charges | APIs are available free of cost. | ₹750/Order |
| Call & Trade Charges | N/A | ₹20/Order + brokerage commission |
| Other Brokerage Charges | ₹20/Order or 0.03% | 0.007% or ₹15/ Order |
| Minimum Brokerage | ₹20/ Order | ₹15/ Order |
Master Trust Vs Trade Smart - Transaction Charges
| Master Trust | Trade Smart | |
|---|---|---|
| Currency Options | NSE ₹4200 | BSE ₹1000 | 0.06% |
| Equity Futures | NSE ₹300 | BSE ₹150 | 0.0024% |
| Equity Intraday | NSE ₹325| BSE ₹325 | 0.0035% |
| Equity Options | NSE ₹6000 | BSE ₹3500 | 0.0715% |
| Commodity | MCX ₹250 | 0.0039% |
| Currency Futures | NSE ₹120 | BSE ₹100 | 0.00165% |
| Equity Delivery | NSE ₹325| BSE ₹325 | 0.0035% |
Master Trust Vs Trade Smart - Margin (Exposure)
| Master Trust | Trade Smart | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (Up to 20% of trade value) |
| Currency Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 2x | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
Master Trust Vs Trade Smart - Features
| Master Trust | Trade Smart | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Master Trust Vs Trade Smart - Review & Rating
| Master Trust | Trade Smart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Master Trust Vs Trade Smart - Request a call back from Broker
| Master Trust | Trade Smart | |
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Master Trust Vs Trade Smart - Investment Options
| Master Trust | Trade Smart | |
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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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Master Trust Vs Trade Smart - Order Type
| Master Trust | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Research & Report
| Master Trust | Trade Smart | |
|---|---|---|
| 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 Trade Smart - Daily Market Report
| Master Trust | Trade Smart | |
|---|---|---|
| Daily Market Reports & News |
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Master Trust Vs Trade Smart - Suitable For Investor
| Master Trust | Trade Smart | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Master Trust Vs Trade Smart - Pros & Cons
| Master Trust | Trade Smart | |
|---|---|---|
| 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.It provides the unique brokerage plans designed to meet the needs of the customers. 2.The Bracket Order and Cover Order are available on mobile app. 3.TradeSmart do not require any minimum amount to open an account. 4.Low Transaction charge. 5.It provides excellent customer service. 6.It provides 10% credit of the brokerage that are generated by the clients referred by them. 7. No Minimum Commitment 8.It facilitates its customers with the Mutual Funds and Offer for Sale .9. It provides advanced trading tools to make trading easy and fluent. |
| 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.The call and trade are charged at an additional cost of ₹20 per trade. 2. It allows Intraday positions squared off by the RMS team is charged at ₹20 per trader. 3.It does not provide the facility of 3-in-1 account. |
Master Trust Vs Trade Smart - Background
| Master Trust | Trade Smart | |
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Master Trust Vs Trade Smart - Compare All Brokers
| Master Trust | Trade Smart | |
|---|---|---|
Master Trust Vs Trade Smart - STT/CTT
| Master Trust | Trade Smart | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (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 | 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% on sell trade | 0.05% on sell trade |
Master Trust Vs Trade Smart - Demat transaction charges
| Master Trust | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | |
Master Trust Vs Trade Smart - GST
| Master Trust | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Master Trust Vs Trade Smart - SEBI Charges
| Master Trust | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Trade Smart - Account Opening & AMC Charges
Master Trust
Trade Smart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹100/-
₹0 (Free)
Demat Account AMC
₹300
₹300 ( 2nd Year onwards)
Trading Account AMC
₹0
₹0 (Free)
Master Trust Vs Trade Smart
| Master Trust | Trade Smart | |
|---|---|---|
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. |
TradeSmart Review | Brokerage Charges, Account OpeningTradeSmart is an Indian Discount broker house. According to TradeSmart broker review, this broker is a Mumbai-based broker that offers various discount brokerage services in stock, commodity, and currency trading segments. Tradesmartonline review is a venture of VNS finance that has a long brokerage service experience of more than 20 years. VNS Fina .. |
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Trade Smart
Trade Smart is a Discount Broker. Trade Smart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Customer Complaints, Advantages and Disadvantages.
Master Trust Vs Trade Smart - Brokerage charges & Plans
| Master Trust | Trade Smart | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.007% or ₹15/ Order |
| Currency Futures | ₹20/ Order or 0.30% | 0.007% or ₹15/ Order |
| Equity Delivery | ₹0/- or 0.30% | 0.07% or ₹15/ Order |
| Equity Options | ₹75/ Lot | ₹7/ Lot or ₹15/ Order |
| Commodity Options | ₹75/ Lot | ₹7/ Lot or ₹15/ Order |
| Equity Futures | ₹20/ Order or 0.30% | 0.007% or ₹15/ Order |
| Currency Options | ₹25/ Lot | ₹7/ Lot or ₹15/ Order |
| Fixed Charges | ₹20/ Order | ₹15/ Order |
| Equity Intraday | ₹20/Order or 0.03% | 0.007% or ₹15/ Order |
Master Trust Vs Trade Smart - Margin (Exposure)
| Master Trust | Trade Smart | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (Up to 20% of trade value) |
| Currency Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 2x | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
Master Trust Vs Trade Smart - Other Charges
| Master Trust | Trade Smart | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹20/Order |
| API Charges | APIs are available free of cost. | ₹750/Order |
| Call & Trade Charges | N/A | ₹20/Order + brokerage commission |
| Other Brokerage Charges | ₹20/Order or 0.03% | 0.007% or ₹15/ Order |
| Minimum Brokerage | ₹20/ Order | ₹15/ Order |
Master Trust Vs Trade Smart - STT/CTT
| Master Trust | Trade Smart | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (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 | 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% on sell trade | 0.05% on sell trade |
Master Trust Vs Trade Smart - Demat transaction charges
| Master Trust | Trade Smart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | |
Master Trust Vs Trade Smart - GST
| Master Trust | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Master Trust Vs Trade Smart - SEBI Charges
| Master Trust | Trade Smart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Trade Smart - Features
| Master Trust | Trade Smart | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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:- 3:15 PM | Currency: 4:45 PM | Commodities: 11:30 PM / 11:55 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. SINE ( Mobile App For Stock Trading ) 2. SWING API 3. BOX 4. TradeSmart MF 5. Dart Stock, 6. Fox Trader, 7. Nest Trader |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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