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Quick Comparision (Master Trust VS Upstox)

 
 

Master Trust Vs Upstox

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.

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Master Trust Vs Upstox - Broker Details

Master Trust Upstox
Single Margin Facility
Year of Incorporation 1985 2009
Exchanges BSE, NSE and MCX BSE, NSE and MCX
Branches 989+ Zero
Brokerage ₹20/ Order ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Full service Broker Discount Broker
Call Back Open Account

Master Trust Vs Upstox - Account Opening & AMC Charges

Master Trust Upstox
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹100/- ₹0 (Free)
Demat Account AMC ₹300 ₹0 (Free)
Trading Account AMC ₹0 ₹0 (Free)
Call Back Open Account

Master Trust Vs Upstox - Brokerage charges & Plans

Master Trust Upstox
Commodity Futures ₹20/ Order or 0.30% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹20/ Order or 0.30% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹0/- or 0.30% ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹75/ Lot ₹20/ Order
Commodity Options ₹75/ Lot ₹20/ Order
Equity Futures ₹20/ Order or 0.30% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹25/ Lot ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/Order or 0.03% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Master Trust Vs Upstox - Other Charges

Master Trust Upstox
RMS Square Off Charge N/A (₹50 + GST)
API Charges APIs are available free of cost. ₹0 (Free)
Call & Trade Charges N/A (₹50 + GST)
Other Brokerage Charges ₹20/Order or 0.03% ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account

Master Trust Vs Upstox - Transaction Charges

Master Trust Upstox
Currency Options NSE ₹4200 | BSE ₹1000 NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures NSE ₹300 | BSE ₹150 NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday NSE ₹325| BSE ₹325 NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options NSE ₹6000 | BSE ₹3500 NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity MCX ₹250 Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures NSE ₹120 | BSE ₹100 NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery NSE ₹325| BSE ₹325 NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Call Back Open Account

Master Trust Vs Upstox - Margin (Exposure)

Master Trust Upstox
Equity Options 1x Option Sell: 1x | Option Buying: No Margin
Equity Intraday Upto 16x CO/BO:- ( Upto 48x) 5x (Up to 20% of trade value)
Currency Options 2x 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 2x Option Sell: 1x | Option Buying: No Margin
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 (no margin)
Currency Futures 2x 1x (100% of NRML margin (Span + Exposure)
Equity Futures 2x 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Master Trust Vs Upstox - Features

Master Trust Upstox
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform Master Swift 2.0, Master Trust Mobile App, Master Marts 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Master Trust Vs Upstox - Review & Rating

Master Trust Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Master Trust Vs Upstox - Request a call back from Broker

Master Trust Upstox
Call Back Open Account

Master Trust Vs Upstox - Investment Options

Master Trust Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

Master Trust Vs Upstox - Order Type

Master Trust Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account

Master Trust Vs Upstox - Research & Report

Master Trust Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

Master Trust Vs Upstox - Daily Market Report

Master Trust Upstox
Daily Market Reports & News
Call Back Open Account

Master Trust Vs Upstox - Suitable For Investor

Master Trust Upstox
Casual Investor
Active Investor
Trader
Call Back Open Account

Master Trust Vs Upstox - Pros & Cons

Master Trust Upstox
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.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares.
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. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades.
Call Back Open Account

Master Trust Vs Upstox - Background

Master Trust Upstox
Call Back Open Account

Master Trust Vs Upstox - Compare All Brokers

Master Trust Upstox
Call Back Open Account

Master Trust Vs Upstox - STT/CTT

Master Trust Upstox
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
Call Back Open Account

Master Trust Vs Upstox - Demat transaction charges

Master Trust Upstox
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell
Call Back Open Account

Master Trust Vs Upstox - GST

Master Trust Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)
Call Back Open Account

Master Trust Vs Upstox - SEBI Charges

Master Trust Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore
Call Back Open Account

Master Trust Vs Upstox - Account Opening & AMC Charges

Master Trust
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹100/-
₹0 (Free)
Demat Account AMC
₹300
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
 
Call Back Open Account

Master Trust Vs Upstox

Master Trust Upstox
 

Master Trust Review | Brokerage Charges, Account Opening

Master 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.
This Master Trust Group has entered to the discount + " Vs "+ Upstox
Read more..

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

Read more..
 
 

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Master Trust Vs Upstox - Brokerage charges & Plans

Master Trust Upstox
Commodity Futures ₹20/ Order or 0.30% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures ₹20/ Order or 0.30% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery ₹0/- or 0.30% ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹75/ Lot ₹20/ Order
Commodity Options ₹75/ Lot ₹20/ Order
Equity Futures ₹20/ Order or 0.30% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹25/ Lot ₹20/ Order
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/Order or 0.03% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Master Trust Vs Upstox - Margin (Exposure)

Master Trust Upstox
Equity Options 1x Option Sell: 1x | Option Buying: No Margin
Equity Intraday Upto 16x CO/BO:- ( Upto 48x) 5x (Up to 20% of trade value)
Currency Options 2x 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 2x Option Sell: 1x | Option Buying: No Margin
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 (no margin)
Currency Futures 2x 1x (100% of NRML margin (Span + Exposure)
Equity Futures 2x 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Master Trust Vs Upstox - Other Charges

Master Trust Upstox
RMS Square Off Charge N/A (₹50 + GST)
API Charges APIs are available free of cost. ₹0 (Free)
Call & Trade Charges N/A (₹50 + GST)
Other Brokerage Charges ₹20/Order or 0.03% ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order

Master Trust Vs Upstox - STT/CTT

Master Trust Upstox
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 Upstox - Demat transaction charges

Master Trust Upstox
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Master Trust Vs Upstox - GST

Master Trust Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Master Trust Vs Upstox - SEBI Charges

Master Trust Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Master Trust Vs Upstox - Features

Master Trust Upstox
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform Master Swift 2.0, Master Trust Mobile App, Master Marts 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Master Trust

Upstox