Master Trust Vs Groww
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
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 Vs Groww - Broker Details
| Master Trust | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1985 | 2016 |
| Exchanges | BSE, NSE and MCX | NSE and BSE. |
| Branches | 989+ | Zero |
| Brokerage | ₹20/ Order | ₹20/ Order |
| Broker Type | Full service Broker | Discount Broker |
Master Trust Vs Groww - Account Opening & AMC Charges
| Master Trust | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹100/- | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹0 (Free) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
Master Trust Vs Groww - Brokerage charges & Plans
| Master Trust | Groww | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | N/A |
| Currency Futures | ₹20/ Order or 0.30% | N/A |
| Equity Delivery | ₹0/- or 0.30% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹75/ Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹75/ Lot | N/A |
| Equity Futures | ₹20/ Order or 0.30% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹25/ Lot | N/A |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/Order or 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
Master Trust Vs Groww - Other Charges
| Master Trust | Groww | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | APIs are available free of cost. | ₹0 (Free) |
| Call & Trade Charges | N/A | N/A |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Master Trust Vs Groww - Transaction Charges
| Master Trust | Groww | |
|---|---|---|
| Currency Options | NSE ₹4200 | BSE ₹1000 | N/A |
| 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 | N/A |
| Equity Delivery | NSE ₹325| BSE ₹325 | NSE:- 0.00345% | BSE:-0.00345% |
Master Trust Vs Groww - Margin (Exposure)
| Master Trust | Groww | |
|---|---|---|
| Equity Options | 1x | 1x |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x |
| Currency Options | 2x | N/A |
| Commodity Options | 2x | N/A |
| Commodity Futures | 2x | N/A |
| Equity Delivery | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x | 1x (no margin) |
| Currency Futures | 2x | N/A |
| Equity Futures | 2x | 1x |
Master Trust Vs Groww - Features
| Master Trust | Groww | |
|---|---|---|
| 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Master Trust Vs Groww - Review & Rating
| Master Trust | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Master Trust Vs Groww - Request a call back from Broker
| Master Trust | Groww | |
|---|---|---|
Master Trust Vs Groww - Investment Options
| Master Trust | Groww | |
|---|---|---|
| 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 Groww - Order Type
| Master Trust | Groww | |
|---|---|---|
| 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 Groww - Research & Report
| Master Trust | Groww | |
|---|---|---|
| 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 Groww - Daily Market Report
| Master Trust | Groww | |
|---|---|---|
| Daily Market Reports & News |
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Master Trust Vs Groww - Suitable For Investor
| Master Trust | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Master Trust Vs Groww - Pros & Cons
| Master Trust | Groww | |
|---|---|---|
| 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.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. |
| 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.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. |
Master Trust Vs Groww - Background
| Master Trust | Groww | |
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Master Trust Vs Groww - Compare All Brokers
| Master Trust | Groww | |
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Master Trust Vs Groww - STT/CTT
| Master Trust | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | N/A |
| 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 | 0.05% on sell trade | N/A |
Master Trust Vs Groww - Demat transaction charges
| Master Trust | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | |
Master Trust Vs Groww - GST
| Master Trust | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Master Trust Vs Groww - SEBI Charges
| Master Trust | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Master Trust Vs Groww - Account Opening & AMC Charges
Master Trust
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹100/-
₹0 (Free)
Demat Account AMC
₹300
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Master Trust Vs Groww
| Master Trust | Groww | |
|---|---|---|
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. |
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 .. |
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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 Vs Groww - Brokerage charges & Plans
| Master Trust | Groww | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | N/A |
| Currency Futures | ₹20/ Order or 0.30% | N/A |
| Equity Delivery | ₹0/- or 0.30% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | ₹75/ Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | ₹75/ Lot | N/A |
| Equity Futures | ₹20/ Order or 0.30% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | ₹25/ Lot | N/A |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/Order or 0.03% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
Master Trust Vs Groww - Margin (Exposure)
| Master Trust | Groww | |
|---|---|---|
| Equity Options | 1x | 1x |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x |
| Currency Options | 2x | N/A |
| Commodity Options | 2x | N/A |
| Commodity Futures | 2x | N/A |
| Equity Delivery | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x | 1x (no margin) |
| Currency Futures | 2x | N/A |
| Equity Futures | 2x | 1x |
Master Trust Vs Groww - Other Charges
| Master Trust | Groww | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50/ Order |
| API Charges | APIs are available free of cost. | ₹0 (Free) |
| Call & Trade Charges | N/A | N/A |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Master Trust Vs Groww - STT/CTT
| Master Trust | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | N/A |
| 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 | 0.05% on sell trade | N/A |
Master Trust Vs Groww - Demat transaction charges
| Master Trust | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | |
Master Trust Vs Groww - GST
| Master Trust | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Master Trust Vs Groww - SEBI Charges
| Master Trust | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Master Trust Vs Groww - Features
| Master Trust | Groww | |
|---|---|---|
| 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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