Master Trust Vs Zerodha
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.
Zerodha
Zerodha 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 Zerodha - Broker Details
| Master Trust | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1985 | 2010 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 989+ | 120+ |
| Brokerage | ₹20/ Order | ₹20/ Order or 0.03% |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
Master Trust Vs Zerodha - Account Opening & AMC Charges
| Master Trust | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account Opening Charge | ₹100/- | ₹200 |
| Demat Account AMC | ₹300 | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
| Call Back Open Account |
Master Trust Vs Zerodha - Brokerage charges & Plans
| Master Trust | Zerodha | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.30% | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹0/- or 0.30% | Zero Brokerage |
| Equity Options | ₹75/ Lot | ₹20/ Order |
| Commodity Options | ₹75/ Lot | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹20/ Order or 0.30% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹25/ Lot | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/Order |
| Equity Intraday | ₹20/Order or 0.03% | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Master Trust Vs Zerodha - Other Charges
| Master Trust | Zerodha | |
|---|---|---|
| RMS Square Off Charge | N/A | (₹50 + GST) |
| API Charges | APIs are available free of cost. | ₹2000/ Month |
| Call & Trade Charges | N/A | ₹50/ Order |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Master Trust Vs Zerodha - Transaction Charges
| Master Trust | Zerodha | |
|---|---|---|
| Currency Options | NSE ₹4200 | BSE ₹1000 | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
| Equity Futures | NSE ₹300 | BSE ₹150 | NSE: 0.002% |
| Equity Intraday | NSE ₹325| BSE ₹325 | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE ₹6000 | BSE ₹3500 | NSE: 0.053% (on premium) |
| Commodity | MCX ₹250 | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| Currency Futures | NSE ₹120 | BSE ₹100 | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% |
| Equity Delivery | NSE ₹325| BSE ₹325 | NSE: 0.00345% | BSE: 0.00345% |
| Call Back Open Account |
Master Trust Vs Zerodha - Margin (Exposure)
| Master Trust | Zerodha | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (20% margin) |
| Currency Options | 2x | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 2x | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 2x | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Master Trust Vs Zerodha - Features
| Master Trust | Zerodha | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Master Trust Vs Zerodha - Review & Rating
| Master Trust | Zerodha | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Master Trust Vs Zerodha - Request a call back from Broker
| Master Trust | Zerodha | |
|---|---|---|
| Call Back Open Account |
Master Trust Vs Zerodha - Investment Options
| Master Trust | Zerodha | |
|---|---|---|
| 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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| Call Back Open Account |
Master Trust Vs Zerodha - Order Type
| Master Trust | Zerodha | |
|---|---|---|
| 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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| Call Back Open Account |
Master Trust Vs Zerodha - Research & Report
| Master Trust | Zerodha | |
|---|---|---|
| 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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| Call Back Open Account |
Master Trust Vs Zerodha - Daily Market Report
| Master Trust | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Master Trust Vs Zerodha - Suitable For Investor
| Master Trust | Zerodha | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Master Trust Vs Zerodha - Pros & Cons
| Master Trust | Zerodha | |
|---|---|---|
| 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 charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
| 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
| Call Back Open Account |
Master Trust Vs Zerodha - Background
| Master Trust | Zerodha | |
|---|---|---|
| Call Back Open Account |
Master Trust Vs Zerodha - Compare All Brokers
| Master Trust | Zerodha | |
|---|---|---|
| Call Back Open Account |
Master Trust Vs Zerodha - STT/CTT
| Master Trust | Zerodha | |
|---|---|---|
| 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 (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 | 0.01% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
| Call Back Open Account |
Master Trust Vs Zerodha - Demat transaction charges
| Master Trust | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | |
| Call Back Open Account |
Master Trust Vs Zerodha - GST
| Master Trust | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
| Call Back Open Account |
Master Trust Vs Zerodha - SEBI Charges
| Master Trust | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
| Call Back Open Account |
Master Trust Vs Zerodha - Account Opening & AMC Charges
Master Trust
Zerodha
Trading Account Opening Charge
₹0 (Free)
₹200
Demat Account Opening Charge
₹100/-
₹200
Demat Account AMC
₹300
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
₹0
₹0 (Free)
Master Trust Vs Zerodha
| Master Trust | Zerodha | |
|---|---|---|
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. |
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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Zerodha
Zerodha 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 Zerodha - Brokerage charges & Plans
| Master Trust | Zerodha | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.30% | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹0/- or 0.30% | Zero Brokerage |
| Equity Options | ₹75/ Lot | ₹20/ Order |
| Commodity Options | ₹75/ Lot | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹20/ Order or 0.30% | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹25/ Lot | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹20/ Order | ₹20/Order |
| Equity Intraday | ₹20/Order or 0.03% | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Master Trust Vs Zerodha - Margin (Exposure)
| Master Trust | Zerodha | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (20% margin) |
| Currency Options | 2x | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 2x | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 2x | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Master Trust Vs Zerodha - Other Charges
| Master Trust | Zerodha | |
|---|---|---|
| RMS Square Off Charge | N/A | (₹50 + GST) |
| API Charges | APIs are available free of cost. | ₹2000/ Month |
| Call & Trade Charges | N/A | ₹50/ Order |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Master Trust Vs Zerodha - STT/CTT
| Master Trust | Zerodha | |
|---|---|---|
| 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 (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 | 0.01% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Master Trust Vs Zerodha - Demat transaction charges
| Master Trust | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | |
Master Trust Vs Zerodha - GST
| Master Trust | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Master Trust Vs Zerodha - SEBI Charges
| Master Trust | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Master Trust Vs Zerodha - Features
| Master Trust | Zerodha | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |