Master Trust Vs Fisdom
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.
Fisdom
Fisdom 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 Fisdom - Broker Details
| Master Trust | Fisdom | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1985 | 2015 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, and NCDEX |
| Branches | 989+ | 15+ |
| Brokerage | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Broker Type | Full service Broker | Discount Broker |
Master Trust Vs Fisdom - Account Opening & AMC Charges
| Master Trust | Fisdom | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free) |
| Demat Account Opening Charge | ₹100/- | Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free) |
| Demat Account AMC | ₹300 | Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime |
| Trading Account AMC | ₹0 | NA |
Master Trust Vs Fisdom - Brokerage charges & Plans
| Master Trust | Fisdom | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | N/A |
| Currency Futures | ₹20/ Order or 0.30% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | ₹0/- or 0.30% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹75/ Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | ₹75/ Lot | N/A |
| Equity Futures | ₹20/ Order or 0.30% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹25/ Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | ₹20/Order or 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Master Trust Vs Fisdom - Other Charges
| Master Trust | Fisdom | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | APIs are available free of cost. | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/Order or 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Master Trust Vs Fisdom - Transaction Charges
| Master Trust | Fisdom | |
|---|---|---|
| Currency Options | NSE ₹4200 | BSE ₹1000 | NSE: 0.053% (on premium) |
| 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 | N/A |
| Currency Futures | NSE ₹120 | BSE ₹100 | NSE: 0.002% |
| Equity Delivery | NSE ₹325| BSE ₹325 | NSE: 0.00345% | BSE: 0.00345% |
Master Trust Vs Fisdom - Margin (Exposure)
| Master Trust | Fisdom | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (Up to 20% of trade value) |
| Currency Options | 2x | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 2x | 1x (100% of NRML margin (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 margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
Master Trust Vs Fisdom - Features
| Master Trust | Fisdom | |
|---|---|---|
| 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 & F&O:- 3:15 PM | Currency: 4:20 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Master Trust Vs Fisdom - Review & Rating
| Master Trust | Fisdom | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Master Trust Vs Fisdom - Request a call back from Broker
| Master Trust | Fisdom | |
|---|---|---|
Master Trust Vs Fisdom - Investment Options
| Master Trust | Fisdom | |
|---|---|---|
| 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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Master Trust Vs Fisdom - Order Type
| Master Trust | Fisdom | |
|---|---|---|
| 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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Master Trust Vs Fisdom - Research & Report
| Master Trust | Fisdom | |
|---|---|---|
| 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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Master Trust Vs Fisdom - Daily Market Report
| Master Trust | Fisdom | |
|---|---|---|
| Daily Market Reports & News |
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Master Trust Vs Fisdom - Suitable For Investor
| Master Trust | Fisdom | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Master Trust Vs Fisdom - Pros & Cons
| Master Trust | Fisdom | |
|---|---|---|
| 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. user-friendly trading platform 2.It provides the most advanced trading platforms. 3. Wide Range of Financial Products. 4.Competitive Pricing 5. It has the best team for research analysts that provides various research reports and tips. |
| 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 facilitate its customers with the 3-in-1 demat account. 2.The charges for call and trade is ₹20. 3. Fisdom charges high fees or has hidden costs. |
Master Trust Vs Fisdom - Background
| Master Trust | Fisdom | |
|---|---|---|
Master Trust Vs Fisdom - Compare All Brokers
| Master Trust | Fisdom | |
|---|---|---|
Master Trust Vs Fisdom - STT/CTT
| Master Trust | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side 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 (On Premium) |
| 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 | 0.05% on sell trade | 0.05% only on sell side |
Master Trust Vs Fisdom - Demat transaction charges
| Master Trust | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | |
Master Trust Vs Fisdom - GST
| Master Trust | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Master Trust Vs Fisdom - SEBI Charges
| Master Trust | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Fisdom - Account Opening & AMC Charges
Master Trust
Fisdom
Trading Account Opening Charge
₹0 (Free)
Fisdom DIY- ₹299 | Fisdom Classic-₹0 (Free)
Demat Account Opening Charge
₹100/-
Fisdom DIY- Free for Limited Time (After ₹299) | Fisdom Classic-₹0 (Free)
Demat Account AMC
₹300
Fisdom DIY- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime | Fisdom Classic- First Year Free ( From 2nd year, ₹299 per Year) or ₹999 Onetime Fee for Lifetime
Trading Account AMC
₹0
NA
Master Trust Vs Fisdom
| Master Trust | Fisdom | |
|---|---|---|
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. |
Fisdom Account Opening Process and Charge Details |
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Fisdom
Fisdom 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 Fisdom - Brokerage charges & Plans
| Master Trust | Fisdom | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | N/A |
| Currency Futures | ₹20/ Order or 0.30% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Delivery | ₹0/- or 0.30% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.50% |
| Equity Options | ₹75/ Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Commodity Options | ₹75/ Lot | N/A |
| Equity Futures | ₹20/ Order or 0.30% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Currency Options | ₹25/ Lot | Fisdom DIY - ₹20 per order | Fisdom Classic - ₹20 per lot |
| Fixed Charges | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Equity Intraday | ₹20/Order or 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Master Trust Vs Fisdom - Margin (Exposure)
| Master Trust | Fisdom | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (Up to 20% of trade value) |
| Currency Options | 2x | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 2x | 1x (100% of NRML margin (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 margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
Master Trust Vs Fisdom - Other Charges
| Master Trust | Fisdom | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per order |
| API Charges | APIs are available free of cost. | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/Order or 0.03% | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
| Minimum Brokerage | ₹20/ Order | Fisdom DIY - ₹20 per order | Fisdom Classic - 0.05% |
Master Trust Vs Fisdom - STT/CTT
| Master Trust | Fisdom | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side 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 (On Premium) |
| 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 | 0.05% on sell trade | 0.05% only on sell side |
Master Trust Vs Fisdom - Demat transaction charges
| Master Trust | Fisdom | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 per scrip per day | |
Master Trust Vs Fisdom - GST
| Master Trust | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Master Trust Vs Fisdom - SEBI Charges
| Master Trust | Fisdom | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Fisdom - Features
| Master Trust | Fisdom | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:20 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Fisdom Mobile App, 2. Fisdom Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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