Sharekhan Vs Master Trust
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, 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.
Sharekhan Vs Master Trust - Broker Details
| Sharekhan | Master Trust | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 1985 |
| Exchanges | NSE, BSE, MCX and NCDEX. | BSE, NSE and MCX |
| Branches | 153+ | 989+ |
| Brokerage | 0.03% | ₹20/ Order |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account |
Sharekhan Vs Master Trust - Account Opening & AMC Charges
| Sharekhan | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹100/- |
| Demat Account AMC | ₹400 (from 2nd year) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹0 |
| Call Back Open Account |
Sharekhan Vs Master Trust - Brokerage charges & Plans
| Sharekhan | Master Trust | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹20/ Order or 0.30% |
| Currency Futures | 0.03% per transaction value | ₹20/ Order or 0.30% |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0/- or 0.30% |
| Equity Options | ₹60/ Lot | ₹75/ Lot |
| Commodity Options | ₹60/ Lot | ₹75/ Lot |
| Equity Futures | 0.03% per transaction value | ₹20/ Order or 0.30% |
| Currency Options | ₹20/ Lot | ₹25/ Lot |
| Fixed Charges | ₹1,00,000/ Year | ₹20/ Order |
| Equity Intraday | 0.03% per transaction value | ₹20/Order or 0.03% |
| Call Back Open Account |
Sharekhan Vs Master Trust - Other Charges
| Sharekhan | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | ₹1,00,000/ Year | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.10% | ₹20/ Order |
| Call Back Open Account |
Sharekhan Vs Master Trust - Transaction Charges
| Sharekhan | Master Trust | |
|---|---|---|
| Currency Options | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | NSE ₹300 | BSE ₹150 |
| Equity Intraday | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | NSE ₹325| BSE ₹325 |
| Equity Options | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) | NSE ₹6000 | BSE ₹3500 |
| Commodity | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | MCX ₹250 |
| Currency Futures | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | NSE ₹120 | BSE ₹100 |
| Equity Delivery | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | NSE ₹325| BSE ₹325 |
| Call Back Open Account |
Sharekhan Vs Master Trust - Margin (Exposure)
| Sharekhan | Master Trust | |
|---|---|---|
| Equity Options | 1 time (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 |
| Call Back Open Account |
Sharekhan Vs Master Trust - Features
| Sharekhan | 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 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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| Call Back Open Account |
Sharekhan Vs Master Trust - Review & Rating
| Sharekhan | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Sharekhan Vs Master Trust - Request a call back from Broker
| Sharekhan | Master Trust | |
|---|---|---|
| Call Back Open Account |
Sharekhan Vs Master Trust - Investment Options
| Sharekhan | Master Trust | |
|---|---|---|
| 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 |
Sharekhan Vs Master Trust - Order Type
| Sharekhan | Master Trust | |
|---|---|---|
| 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 |
Sharekhan Vs Master Trust - Research & Report
| Sharekhan | Master Trust | |
|---|---|---|
| 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 |
Sharekhan Vs Master Trust - Daily Market Report
| Sharekhan | Master Trust | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Sharekhan Vs Master Trust - Suitable For Investor
| Sharekhan | Master Trust | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Sharekhan Vs Master Trust - Pros & Cons
| Sharekhan | Master Trust | |
|---|---|---|
| Pros | 1. It offers multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. | 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. It does not offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. | 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. |
| Call Back Open Account |
Sharekhan Vs Master Trust - Background
| Sharekhan | Master Trust | |
|---|---|---|
| Call Back Open Account |
Sharekhan Vs Master Trust - Compare All Brokers
| Sharekhan | Master Trust | |
|---|---|---|
| Call Back Open Account |
Sharekhan Vs Master Trust - STT/CTT
| Sharekhan | 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 | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy and 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 |
| Call Back Open Account |
Sharekhan Vs Master Trust - Demat transaction charges
| Sharekhan | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | |
| Call Back Open Account |
Sharekhan Vs Master Trust - GST
| Sharekhan | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Sharekhan Vs Master Trust - SEBI Charges
| Sharekhan | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Sharekhan Vs Master Trust - Account Opening & AMC Charges
Sharekhan
Master Trust
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹100/-
Demat Account AMC
₹400 (from 2nd year)
₹300
Trading Account AMC
₹0 (Free)
₹0
Sharekhan Vs Master Trust
| Sharekhan | Master Trust | |
|---|---|---|
Sharekhan Review | Brokerage Charges, Account OpeningSharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie .. + " 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.
Sharekhan Vs Master Trust - Brokerage charges & Plans
| Sharekhan | Master Trust | |
|---|---|---|
| Commodity Futures | 0.03% per transaction value | ₹20/ Order or 0.30% |
| Currency Futures | 0.03% per transaction value | ₹20/ Order or 0.30% |
| Equity Delivery | 0.30% on market rate or minimum 10 paisa per share | ₹0/- or 0.30% |
| Equity Options | ₹60/ Lot | ₹75/ Lot |
| Commodity Options | ₹60/ Lot | ₹75/ Lot |
| Equity Futures | 0.03% per transaction value | ₹20/ Order or 0.30% |
| Currency Options | ₹20/ Lot | ₹25/ Lot |
| Fixed Charges | ₹1,00,000/ Year | ₹20/ Order |
| Equity Intraday | 0.03% per transaction value | ₹20/Order or 0.03% |
| Call Back Open Account |
Sharekhan Vs Master Trust - Margin (Exposure)
| Sharekhan | Master Trust | |
|---|---|---|
| Equity Options | 1 time (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 |
| Call Back Open Account |
Sharekhan Vs Master Trust - Other Charges
| Sharekhan | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | ₹1,00,000/ Year | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.10% | ₹20/ Order |
| Call Back Open Account |
Sharekhan Vs Master Trust - STT/CTT
| Sharekhan | 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 | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy and 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 |
| Call Back Open Account |
Sharekhan Vs Master Trust - Demat transaction charges
| Sharekhan | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | |
| Call Back Open Account |
Sharekhan Vs Master Trust - GST
| Sharekhan | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Sharekhan Vs Master Trust - SEBI Charges
| Sharekhan | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Sharekhan Vs Master Trust - Features
| Sharekhan | Master Trust | |
|---|---|---|
| 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:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) | 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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| Call Back Open Account |