RMoney Vs Master Trust
RMoney
RMoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software 2024, Demat Account Charges and it also gives overview on NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
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.
RMoney Vs Master Trust - Broker Details
| RMoney | Master Trust | |
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| Single Margin Facility |
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| Year of Incorporation | 2004 | 1985 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 300+ | 989+ |
| Brokerage | ₹9/Order | ₹20/ Order |
| Broker Type | Full Service Broker | Full service Broker |
RMoney Vs Master Trust - Account Opening & AMC Charges
| RMoney | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹100/- |
| Demat Account AMC | ₹299( From 2nd year onwards) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹0 |
RMoney Vs Master Trust - Brokerage charges & Plans
| RMoney | Master Trust | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.30% |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.30% |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0/- or 0.30% |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹75/ Lot |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹75/ Lot |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.30% |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹25/ Lot |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/Order or 0.03% |
RMoney Vs Master Trust - Other Charges
| RMoney | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹1500/Monthly | APIs are available free of cost. |
| Call & Trade Charges | ₹18/Order | N/A |
| Other Brokerage Charges | ₹9/Order | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹9/Order | ₹20/ Order |
RMoney Vs Master Trust - Transaction Charges
| RMoney | Master Trust | |
|---|---|---|
| Currency Options | NSE ₹5000/Cr (on premium) (0.05%) | BSE ₹7500/Cr (on premium) (0.075%) | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | NSE ₹260/Cr | BSE ₹70/Cr (0.007%) | NSE ₹300 | BSE ₹150 |
| Equity Intraday | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | NSE ₹325| BSE ₹325 |
| Equity Options | NSE ₹7000/Cr (0.07%) | BSE ₹2750/Cr (0.0275%) | NSE ₹6000 | BSE ₹3500 |
| Commodity | MCX ₹325 (0.00325%) | NCDEX ₹600/Cr(0.006%) | MCX ₹250 |
| Currency Futures | NSE ₹180/Cr (0.0018%) | BSE ₹160/Cr (0.0016%) | NSE ₹120 | BSE ₹100 |
| Equity Delivery | NSE ₹345/Cr | BSE ₹345/Cr (0.00345%) | NSE ₹325| BSE ₹325 |
RMoney Vs Master Trust - Margin (Exposure)
| RMoney | Master Trust | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Equity Delivery | 1x (100% of trade value) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
RMoney Vs Master Trust - Features
| RMoney | Master Trust | |
|---|---|---|
| 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: 4:40 PM | Commodities: 11:45 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | Master Swift 2.0, Master Trust Mobile App, Master Marts |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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RMoney Vs Master Trust - Review & Rating
| RMoney | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
RMoney Vs Master Trust - Request a call back from Broker
| RMoney | Master Trust | |
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RMoney Vs Master Trust - Investment Options
| RMoney | Master Trust | |
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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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RMoney Vs Master Trust - Order Type
| RMoney | Master Trust | |
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| 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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RMoney Vs Master Trust - Research & Report
| RMoney | Master Trust | |
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| 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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RMoney Vs Master Trust - Daily Market Report
| RMoney | Master Trust | |
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| Daily Market Reports & News |
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RMoney Vs Master Trust - Suitable For Investor
| RMoney | Master Trust | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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RMoney Vs Master Trust - Pros & Cons
| RMoney | Master Trust | |
|---|---|---|
| Pros | 1.Single platform for all your financial needs. 2. Trade at a low brokerage of Rs.9/- per executed order irrespective of the trade size across segments (Equity, F&O, and Currencies) 3.You can trade at BSE, NSE, MCX, and NCDEX 4.First year Demat AMC is free for all its account holders | 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. |
| Cons | 1.RMoney Demat debit transaction charges are ₹12 + gst per script. Most other discount brokers charge flat ₹8 per transaction. 2.Its not provide 3 in 1 account. 3. It charges Annual Maintenance Charge. | 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. |
RMoney Vs Master Trust - Background
| RMoney | Master Trust | |
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RMoney Vs Master Trust - Compare All Brokers
| RMoney | Master Trust | |
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RMoney Vs Master Trust - STT/CTT
| RMoney | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
RMoney Vs Master Trust - Demat transaction charges
| RMoney | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | |
RMoney Vs Master Trust - GST
| RMoney | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
RMoney Vs Master Trust - SEBI Charges
| RMoney | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
RMoney Vs Master Trust - Account Opening & AMC Charges
RMoney
Master Trust
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹100/-
Demat Account AMC
₹299( From 2nd year onwards)
₹300
Trading Account AMC
₹0 (Free)
₹0
RMoney Vs Master Trust
| RMoney | Master Trust | |
|---|---|---|
Raghunandan Money (RMoney) Review‘Investment Khushiyon Ka’ is a tagline of Raghunandan Money (RMoney) signifies that customer’s progress and happiness is the top most priority of the company. This is a very diversified broker offers a wide range of investment options to choose. RMoney acts as a mediator between the customer and .. + " Vs "+ Master Trust |
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. |
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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.
RMoney Vs Master Trust - Brokerage charges & Plans
| RMoney | Master Trust | |
|---|---|---|
| Commodity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.30% |
| Currency Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.30% |
| Equity Delivery | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹0/- or 0.30% |
| Equity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹75/ Lot |
| Commodity Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹75/ Lot |
| Equity Futures | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order or 0.30% |
| Currency Options | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹25/ Lot |
| Fixed Charges | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/ Order |
| Equity Intraday | ₹9/Trade Plan - ₹9/Order | Flat- ₹0(Free) (₹999/Month) | ₹20/Order or 0.03% |
RMoney Vs Master Trust - Margin (Exposure)
| RMoney | Master Trust | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Equity Delivery | 1x (100% of trade value) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
RMoney Vs Master Trust - Other Charges
| RMoney | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹1500/Monthly | APIs are available free of cost. |
| Call & Trade Charges | ₹18/Order | N/A |
| Other Brokerage Charges | ₹9/Order | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹9/Order | ₹20/ Order |
RMoney Vs Master Trust - STT/CTT
| RMoney | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% on sell trade |
RMoney Vs Master Trust - Demat transaction charges
| RMoney | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + GST per scrip only on sell | |
RMoney Vs Master Trust - GST
| RMoney | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
RMoney Vs Master Trust - SEBI Charges
| RMoney | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
RMoney Vs Master Trust - Features
| RMoney | Master Trust | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
|
| Referral Program |
|
|
| 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: 4:40 PM | Commodities: 11:45 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.RMoney Smart Trade 2.RMoney Active Trade. 3.RMoney Quick | Master Swift 2.0, Master Trust Mobile App, Master Marts |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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