Groww Vs Master Trust
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww 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.
Groww Vs Master Trust - Broker Details
| Groww | Master Trust | |
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| Single Margin Facility |
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| Year of Incorporation | 2016 | 1985 |
| Exchanges | NSE and BSE. | BSE, NSE and MCX |
| Branches | Zero | 989+ |
| Brokerage | ₹20/ Order | ₹20/ Order |
| Broker Type | Discount Broker | Full service Broker |
Groww Vs Master Trust - Account Opening & AMC Charges
| Groww | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹100/- |
| Demat Account AMC | ₹0 (Free) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹0 |
Groww Vs Master Trust - Brokerage charges & Plans
| Groww | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.30% |
| Currency Futures | N/A | ₹20/ Order or 0.30% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0/- or 0.30% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹75/ Lot |
| Commodity Options | N/A | ₹75/ Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Options | N/A | ₹25/ Lot |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order or 0.03% |
Groww Vs Master Trust - Other Charges
| Groww | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | N/A | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Groww Vs Master Trust - Transaction Charges
| Groww | Master Trust | |
|---|---|---|
| Currency Options | N/A | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | NSE:- 0.002% | NSE ₹300 | BSE ₹150 |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE ₹325| BSE ₹325 |
| Equity Options | NSE:- 0.053% on premium | NSE ₹6000 | BSE ₹3500 |
| Commodity | N/A | MCX ₹250 |
| Currency Futures | N/A | NSE ₹120 | BSE ₹100 |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE ₹325| BSE ₹325 |
Groww Vs Master Trust - Margin (Exposure)
| Groww | Master Trust | |
|---|---|---|
| Equity Options | 1x | 1x |
| Equity Intraday | 5x | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | N/A | 2x |
| Commodity Options | N/A | 2x |
| Commodity Futures | N/A | 2x |
| Equity Delivery | 1x (no margin) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | N/A | 2x |
| Equity Futures | 1x | 2x |
Groww Vs Master Trust - Features
| Groww | 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 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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Groww Vs Master Trust - Review & Rating
| Groww | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Master Trust - Request a call back from Broker
| Groww | Master Trust | |
|---|---|---|
Groww Vs Master Trust - Investment Options
| Groww | 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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Groww Vs Master Trust - Order Type
| Groww | 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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Groww Vs Master Trust - Research & Report
| Groww | 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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Groww Vs Master Trust - Daily Market Report
| Groww | Master Trust | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Master Trust - Suitable For Investor
| Groww | Master Trust | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Master Trust - Pros & Cons
| Groww | Master Trust | |
|---|---|---|
| Pros | 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. | 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.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. | 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. |
Groww Vs Master Trust - Background
| Groww | Master Trust | |
|---|---|---|
Groww Vs Master Trust - Compare All Brokers
| Groww | Master Trust | |
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Groww Vs Master Trust - STT/CTT
| Groww | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | 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 | N/A | 0.05% on sell trade |
Groww Vs Master Trust - Demat transaction charges
| Groww | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | |
Groww Vs Master Trust - GST
| Groww | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Master Trust - SEBI Charges
| Groww | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Master Trust - Account Opening & AMC Charges
Groww
Master Trust
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹100/-
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹0
Groww Vs Master Trust
| Groww | Master Trust | |
|---|---|---|
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. + " 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.
Groww Vs Master Trust - Brokerage charges & Plans
| Groww | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.30% |
| Currency Futures | N/A | ₹20/ Order or 0.30% |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹0/- or 0.30% |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹75/ Lot |
| Commodity Options | N/A | ₹75/ Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Options | N/A | ₹25/ Lot |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order or 0.03% |
| Call Back Open Account |
Groww Vs Master Trust - Margin (Exposure)
| Groww | Master Trust | |
|---|---|---|
| Equity Options | 1x | 1x |
| Equity Intraday | 5x | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | N/A | 2x |
| Commodity Options | N/A | 2x |
| Commodity Futures | N/A | 2x |
| Equity Delivery | 1x (no margin) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | N/A | 2x |
| Equity Futures | 1x | 2x |
| Call Back Open Account |
Groww Vs Master Trust - Other Charges
| Groww | Master Trust | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | N/A | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Groww Vs Master Trust - STT/CTT
| Groww | Master Trust | |
|---|---|---|
| Commodity Futures | N/A | 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 | N/A | 0.05% on sell trade |
Groww Vs Master Trust - Demat transaction charges
| Groww | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | |
Groww Vs Master Trust - GST
| Groww | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
Groww Vs Master Trust - SEBI Charges
| Groww | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Master Trust - Features
| Groww | 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 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 |