Choice Broking Vs Master Trust
Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, 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.
Choice Broking Vs Master Trust - Broker Details
| Choice Broking | Master Trust | |
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| Single Margin Facility |
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| Year of Incorporation | 2010 | 1985 |
| Exchanges | NSE, BSE, MCX, NCDEX, and ICEX. | BSE, NSE and MCX |
| Branches | 50+ | 989+ |
| Brokerage | 0.02% | ₹20/ Order |
| Broker Type | Full service Broker | Full service Broker |
Choice Broking Vs Master Trust - Account Opening & AMC Charges
| Choice Broking | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹100/- |
| Demat Account AMC | ₹200+GST ( 2nd Year onwards) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹0 |
Choice Broking Vs Master Trust - Brokerage charges & Plans
| Choice Broking | Master Trust | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20/ Order or 0.30% |
| Currency Futures | 0.02% | ₹20/ Order or 0.30% |
| Equity Delivery | 0.2% | ₹0/- or 0.30% |
| Equity Options | ₹25/Lot | ₹75/ Lot |
| Commodity Options | ₹50/Lot | ₹75/ Lot |
| Equity Futures | 0.02% | ₹20/ Order or 0.30% |
| Currency Options | ₹20/Lot | ₹25/ Lot |
| Fixed Charges | 0.02% | ₹20/ Order |
| Equity Intraday | 0.02% | ₹20/Order or 0.03% |
Choice Broking Vs Master Trust - Other Charges
| Choice Broking | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | - | APIs are available free of cost. |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | ₹25/Lot | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.02% | ₹20/ Order |
Choice Broking Vs Master Trust - Transaction Charges
| Choice Broking | Master Trust | |
|---|---|---|
| Currency Options | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% | NSE ₹300 | BSE ₹150 |
| Equity Intraday | NSE/BSE:- 0.00345% | NSE ₹325| BSE ₹325 |
| Equity Options | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% | NSE ₹6000 | BSE ₹3500 |
| Commodity | Future Exchange txn charge:- 0.0026% | Clearing charge: 0.0003% | RMS Charge 0.005% (Only NCDEX) || Option:- Exchange txn charge:- 0.05% | Clearing charge :- 0.002% | MCX ₹250 |
| Currency Futures | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% | NSE ₹120 | BSE ₹100 |
| Equity Delivery | NSE/BSE:- 0.00345% | NSE ₹325| BSE ₹325 |
Choice Broking Vs Master Trust - Margin (Exposure)
| Choice Broking | 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 |
Choice Broking Vs Master Trust - Features
| Choice Broking | 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: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 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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Choice Broking Vs Master Trust - Review & Rating
| Choice Broking | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Choice Broking Vs Master Trust - Request a call back from Broker
| Choice Broking | Master Trust | |
|---|---|---|
Choice Broking Vs Master Trust - Investment Options
| Choice Broking | 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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Choice Broking Vs Master Trust - Order Type
| Choice Broking | 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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Choice Broking Vs Master Trust - Research & Report
| Choice Broking | 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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Choice Broking Vs Master Trust - Daily Market Report
| Choice Broking | Master Trust | |
|---|---|---|
| Daily Market Reports & News |
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Choice Broking Vs Master Trust - Suitable For Investor
| Choice Broking | Master Trust | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Choice Broking Vs Master Trust - Pros & Cons
| Choice Broking | Master Trust | |
|---|---|---|
| Pros | 1. It offers a broad range of investment products. 2. It has a simple trading platform and offers it to the customers. 3. It offers various multiple AMC plans to its customers that provides lifetime AMC and refundable AMC options. 4. It has a proactive and prompt customer service. 5. It has an instant and paperless demat account opening process. 6. Choice broking has an excellent margin trading facility service to its customers. 7. The research call provided by the brokers has 78% accuracy ratio. | 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. The Choice Broker does not allow to open a three-in-one account services to its customers. 2. It has no flexible brokerage plans. 3. The broker does not provide Margin Calculator. 4. It does not provide an in-house trading terminal. | 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. |
Choice Broking Vs Master Trust - Background
| Choice Broking | Master Trust | |
|---|---|---|
Choice Broking Vs Master Trust - Compare All Brokers
| Choice Broking | Master Trust | |
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Choice Broking Vs Master Trust - STT/CTT
| Choice Broking | 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 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 |
Choice Broking Vs Master Trust - Demat transaction charges
| Choice Broking | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | |
Choice Broking Vs Master Trust - GST
| Choice Broking | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Master Trust - SEBI Charges
| Choice Broking | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Master Trust - Account Opening & AMC Charges
Choice Broking
Master Trust
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹100/-
Demat Account AMC
₹200+GST ( 2nd Year onwards)
₹300
Trading Account AMC
₹0 (Free)
₹0
Choice Broking Vs Master Trust
| Choice Broking | Master Trust | |
|---|---|---|
Choice Broking Review | Brokerage Charges, Account OpeningChoice Equity Broking Private Limited is a Mumbai-based full-service stock broking firm and Choice broking established in 2010. Choice broking firm is a subsidiary of a publicly listed financial service provider organization named as Choice International Limited. It was formerly providing tis financial services since 1993 b .. + " 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.
Choice Broking Vs Master Trust - Brokerage charges & Plans
| Choice Broking | Master Trust | |
|---|---|---|
| Commodity Futures | 0.02% | ₹20/ Order or 0.30% |
| Currency Futures | 0.02% | ₹20/ Order or 0.30% |
| Equity Delivery | 0.2% | ₹0/- or 0.30% |
| Equity Options | ₹25/Lot | ₹75/ Lot |
| Commodity Options | ₹50/Lot | ₹75/ Lot |
| Equity Futures | 0.02% | ₹20/ Order or 0.30% |
| Currency Options | ₹20/Lot | ₹25/ Lot |
| Fixed Charges | 0.02% | ₹20/ Order |
| Equity Intraday | 0.02% | ₹20/Order or 0.03% |
Choice Broking Vs Master Trust - Margin (Exposure)
| Choice Broking | 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 |
Choice Broking Vs Master Trust - Other Charges
| Choice Broking | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | N/A |
| API Charges | - | APIs are available free of cost. |
| Call & Trade Charges | ₹0 (Free) | N/A |
| Other Brokerage Charges | ₹25/Lot | ₹20/Order or 0.03% |
| Minimum Brokerage | 0.02% | ₹20/ Order |
Choice Broking Vs Master Trust - STT/CTT
| Choice Broking | 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 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 |
Choice Broking Vs Master Trust - Demat transaction charges
| Choice Broking | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | |
Choice Broking Vs Master Trust - GST
| Choice Broking | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges + Clearing Charges) | 18% on (Brokerage + Transaction Charge) |
Choice Broking Vs Master Trust - SEBI Charges
| Choice Broking | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Choice Broking Vs Master Trust - Features
| Choice Broking | 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: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). | 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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