Master Trust Vs Choice Broking
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
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 Vs Choice Broking - Broker Details
| Master Trust | Choice Broking | |
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| Single Margin Facility |
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| Year of Incorporation | 1985 | 2010 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX, NCDEX, and ICEX. |
| Branches | 989+ | 50+ |
| Brokerage | ₹20/ Order | 0.02% |
| Broker Type | Full service Broker | Full service Broker |
Master Trust Vs Choice Broking - Account Opening & AMC Charges
| Master Trust | Choice Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹100/- | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹200+GST ( 2nd Year onwards) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
Master Trust Vs Choice Broking - Brokerage charges & Plans
| Master Trust | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.02% |
| Currency Futures | ₹20/ Order or 0.30% | 0.02% |
| Equity Delivery | ₹0/- or 0.30% | 0.2% |
| Equity Options | ₹75/ Lot | ₹25/Lot |
| Commodity Options | ₹75/ Lot | ₹50/Lot |
| Equity Futures | ₹20/ Order or 0.30% | 0.02% |
| Currency Options | ₹25/ Lot | ₹20/Lot |
| Fixed Charges | ₹20/ Order | 0.02% |
| Equity Intraday | ₹20/Order or 0.03% | 0.02% |
Master Trust Vs Choice Broking - Other Charges
| Master Trust | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | APIs are available free of cost. | - |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹25/Lot |
| Minimum Brokerage | ₹20/ Order | 0.02% |
Master Trust Vs Choice Broking - Transaction Charges
| Master Trust | Choice Broking | |
|---|---|---|
| Currency Options | NSE ₹4200 | BSE ₹1000 | NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Futures | NSE ₹300 | BSE ₹150 | NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005% |
| Equity Intraday | NSE ₹325| BSE ₹325 | NSE/BSE:- 0.00345% |
| Equity Options | NSE ₹6000 | BSE ₹3500 | NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002% |
| Commodity | MCX ₹250 | 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% |
| Currency Futures | NSE ₹120 | BSE ₹100 | NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002% |
| Equity Delivery | NSE ₹325| BSE ₹325 | NSE/BSE:- 0.00345% |
Master Trust Vs Choice Broking - Margin (Exposure)
| Master Trust | Choice Broking | |
|---|---|---|
| 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 (100% of trade value) |
| Currency Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
Master Trust Vs Choice Broking - Features
| Master Trust | Choice Broking | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Master Trust Vs Choice Broking - Review & Rating
| Master Trust | Choice Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Master Trust Vs Choice Broking - Request a call back from Broker
| Master Trust | Choice Broking | |
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Master Trust Vs Choice Broking - Investment Options
| Master Trust | Choice Broking | |
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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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Master Trust Vs Choice Broking - Order Type
| Master Trust | Choice Broking | |
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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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Master Trust Vs Choice Broking - Research & Report
| Master Trust | Choice Broking | |
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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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Master Trust Vs Choice Broking - Daily Market Report
| Master Trust | Choice Broking | |
|---|---|---|
| Daily Market Reports & News |
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Master Trust Vs Choice Broking - Suitable For Investor
| Master Trust | Choice Broking | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Master Trust Vs Choice Broking - Pros & Cons
| Master Trust | Choice Broking | |
|---|---|---|
| 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. 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. |
| 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. 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. |
Master Trust Vs Choice Broking - Background
| Master Trust | Choice Broking | |
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Master Trust Vs Choice Broking - Compare All Brokers
| Master Trust | Choice Broking | |
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Master Trust Vs Choice Broking - STT/CTT
| Master Trust | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Master Trust Vs Choice Broking - Demat transaction charges
| Master Trust | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | |
Master Trust Vs Choice Broking - GST
| Master Trust | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Master Trust Vs Choice Broking - SEBI Charges
| Master Trust | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Choice Broking - Account Opening & AMC Charges
Master Trust
Choice Broking
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹100/-
₹0 (Free)
Demat Account AMC
₹300
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0
₹0 (Free)
Master Trust Vs Choice Broking
| Master Trust | Choice Broking | |
|---|---|---|
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. |
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 .. |
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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 Vs Choice Broking - Brokerage charges & Plans
| Master Trust | Choice Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.02% |
| Currency Futures | ₹20/ Order or 0.30% | 0.02% |
| Equity Delivery | ₹0/- or 0.30% | 0.2% |
| Equity Options | ₹75/ Lot | ₹25/Lot |
| Commodity Options | ₹75/ Lot | ₹50/Lot |
| Equity Futures | ₹20/ Order or 0.30% | 0.02% |
| Currency Options | ₹25/ Lot | ₹20/Lot |
| Fixed Charges | ₹20/ Order | 0.02% |
| Equity Intraday | ₹20/Order or 0.03% | 0.02% |
Master Trust Vs Choice Broking - Margin (Exposure)
| Master Trust | Choice Broking | |
|---|---|---|
| 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 (100% of trade value) |
| Currency Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
Master Trust Vs Choice Broking - Other Charges
| Master Trust | Choice Broking | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| API Charges | APIs are available free of cost. | - |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹25/Lot |
| Minimum Brokerage | ₹20/ Order | 0.02% |
Master Trust Vs Choice Broking - STT/CTT
| Master Trust | Choice Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Master Trust Vs Choice Broking - Demat transaction charges
| Master Trust | Choice Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | |
Master Trust Vs Choice Broking - GST
| Master Trust | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges + Clearing Charges) |
Master Trust Vs Choice Broking - SEBI Charges
| Master Trust | Choice Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Choice Broking - Features
| Master Trust | Choice Broking | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment). |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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