Zerodha Vs Master Trust
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
Zerodha Vs Master Trust - Broker Details
| Zerodha | Master Trust | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 1985 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE and MCX |
| Branches | 120+ | 989+ |
| Brokerage | ₹20/ Order or 0.03% | ₹20/ Order |
| Broker Type | Discount Broker | Full service Broker |
Zerodha Vs Master Trust - Account Opening & AMC Charges
| Zerodha | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹100/- |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹0 |
Zerodha Vs Master Trust - Brokerage charges & Plans
| Zerodha | Master Trust | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Equity Delivery | Zero Brokerage | ₹0/- or 0.30% |
| Equity Options | ₹20/ Order | ₹75/ Lot |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹75/ Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹25/ Lot |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20/Order or 0.03% |
Zerodha Vs Master Trust - Other Charges
| Zerodha | Master Trust | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹2000/ Month | APIs are available free of cost. |
| Call & Trade Charges | ₹50/ Order | N/A |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Zerodha Vs Master Trust - Transaction Charges
| Zerodha | Master Trust | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | 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 | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | MCX ₹250 |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | NSE ₹120 | BSE ₹100 |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE ₹325| BSE ₹325 |
Zerodha Vs Master Trust - Margin (Exposure)
| Zerodha | Master Trust | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x |
| Equity Intraday | 5x (20% margin) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 2x |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 2x |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 2x |
| Equity Delivery | 1x (no margin) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 2x |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 2x |
Zerodha Vs Master Trust - Features
| Zerodha | 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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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Zerodha Vs Master Trust - Review & Rating
| Zerodha | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs Master Trust - Request a call back from Broker
| Zerodha | Master Trust | |
|---|---|---|
Zerodha Vs Master Trust - Investment Options
| Zerodha | 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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Zerodha Vs Master Trust - Order Type
| Zerodha | 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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Zerodha Vs Master Trust - Research & Report
| Zerodha | 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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Zerodha Vs Master Trust - Daily Market Report
| Zerodha | Master Trust | |
|---|---|---|
| Daily Market Reports & News |
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Zerodha Vs Master Trust - Suitable For Investor
| Zerodha | Master Trust | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Zerodha Vs Master Trust - Pros & Cons
| Zerodha | Master Trust | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 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 provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 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. |
Zerodha Vs Master Trust - Background
| Zerodha | Master Trust | |
|---|---|---|
Zerodha Vs Master Trust - Compare All Brokers
| Zerodha | Master Trust | |
|---|---|---|
Zerodha Vs Master Trust - STT/CTT
| Zerodha | 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 buy & 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 |
Zerodha Vs Master Trust - Demat transaction charges
| Zerodha | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | |
Zerodha Vs Master Trust - GST
| Zerodha | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Zerodha Vs Master Trust - SEBI Charges
| Zerodha | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Master Trust - Account Opening & AMC Charges
Zerodha
Master Trust
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹100/-
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹300
Trading Account AMC
₹0 (Free)
₹0
Zerodha Vs Master Trust
| Zerodha | Master Trust | |
|---|---|---|
Zerodha Review 2024 |
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.
Zerodha Vs Master Trust - Brokerage charges & Plans
| Zerodha | Master Trust | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Equity Delivery | Zero Brokerage | ₹0/- or 0.30% |
| Equity Options | ₹20/ Order | ₹75/ Lot |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹75/ Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹25/ Lot |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20/Order or 0.03% |
| Call Back Open Account |
Zerodha Vs Master Trust - Margin (Exposure)
| Zerodha | Master Trust | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x |
| Equity Intraday | 5x (20% margin) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 2x |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 2x |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 2x |
| Equity Delivery | 1x (no margin) | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 2x |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 2x |
| Call Back Open Account |
Zerodha Vs Master Trust - Other Charges
| Zerodha | Master Trust | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹2000/ Month | APIs are available free of cost. |
| Call & Trade Charges | ₹50/ Order | N/A |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Zerodha Vs Master Trust - STT/CTT
| Zerodha | 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 buy & 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 |
Zerodha Vs Master Trust - Demat transaction charges
| Zerodha | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | |
Zerodha Vs Master Trust - GST
| Zerodha | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Zerodha Vs Master Trust - SEBI Charges
| Zerodha | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Master Trust - Features
| Zerodha | 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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 |