Master Trust Vs Finwave
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.
Finwave
Finwave 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 Finwave - Broker Details
| Master Trust | Finwave | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1985 | 2014 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 989+ | 25 |
| Brokerage | ₹20/ Order | ₹20 per order |
| Broker Type | Full service Broker | Full Service Broker |
Master Trust Vs Finwave - Account Opening & AMC Charges
| Master Trust | Finwave | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹100/- | ₹0 (Free) |
| Demat Account AMC | ₹300 | 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly |
| Trading Account AMC | ₹0 | 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly |
Master Trust Vs Finwave - Brokerage charges & Plans
| Master Trust | Finwave | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | ₹20 per order |
| Currency Futures | ₹20/ Order or 0.30% | ₹20 per order |
| Equity Delivery | ₹0/- or 0.30% | ₹20 per order |
| Equity Options | ₹75/ Lot | ₹20 per order |
| Commodity Options | ₹75/ Lot | ₹20 per order |
| Equity Futures | ₹20/ Order or 0.30% | ₹20 per order |
| Currency Options | ₹25/ Lot | ₹20 per order |
| Fixed Charges | ₹20/ Order | ₹20 per order |
| Equity Intraday | ₹20/Order or 0.03% | ₹20 per order |
Master Trust Vs Finwave - Other Charges
| Master Trust | Finwave | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹20/Order |
| API Charges | APIs are available free of cost. | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹20 per order |
| Minimum Brokerage | ₹20/ Order | ₹20 per order |
Master Trust Vs Finwave - Transaction Charges
| Master Trust | Finwave | |
|---|---|---|
| Currency Options | NSE ₹4200 | BSE ₹1000 | BSE: 0.001% | NSE: 0.035% |
| Equity Futures | NSE ₹300 | BSE ₹150 | NSE: 0.002% |
| Equity Intraday | NSE ₹325| BSE ₹325 | BSE: 0.00345% | NSE: 0.00345% |
| Equity Options | NSE ₹6000 | BSE ₹3500 | NSE: 0.053% |
| Commodity | MCX ₹250 | 0.0026% |
| Currency Futures | NSE ₹120 | BSE ₹100 | NSE: 0.0009% | BSE: 0.00022% |
| Equity Delivery | NSE ₹325| BSE ₹325 | BSE: 0.00345% | NSE: 0.00345% |
Master Trust Vs Finwave - Margin (Exposure)
| Master Trust | Finwave | |
|---|---|---|
| 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 Finwave - Features
| Master Trust | Finwave | |
|---|---|---|
| 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: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Master Trust Vs Finwave - Review & Rating
| Master Trust | Finwave | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Master Trust Vs Finwave - Request a call back from Broker
| Master Trust | Finwave | |
|---|---|---|
Master Trust Vs Finwave - Investment Options
| Master Trust | Finwave | |
|---|---|---|
| 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 Finwave - Order Type
| Master Trust | Finwave | |
|---|---|---|
| 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 Finwave - Research & Report
| Master Trust | Finwave | |
|---|---|---|
| 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 Finwave - Daily Market Report
| Master Trust | Finwave | |
|---|---|---|
| Daily Market Reports & News |
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Master Trust Vs Finwave - Suitable For Investor
| Master Trust | Finwave | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Master Trust Vs Finwave - Pros & Cons
| Master Trust | Finwave | |
|---|---|---|
| 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. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
Master Trust Vs Finwave - Background
| Master Trust | Finwave | |
|---|---|---|
Master Trust Vs Finwave - Compare All Brokers
| Master Trust | Finwave | |
|---|---|---|
Master Trust Vs Finwave - STT/CTT
| Master Trust | Finwave | |
|---|---|---|
| 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 buy & 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 Finwave - Demat transaction charges
| Master Trust | Finwave | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | |
Master Trust Vs Finwave - GST
| Master Trust | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Master Trust Vs Finwave - SEBI Charges
| Master Trust | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Finwave - Account Opening & AMC Charges
Master Trust
Finwave
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹100/-
₹0 (Free)
Demat Account AMC
₹300
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
Trading Account AMC
₹0
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
Master Trust Vs Finwave
| Master Trust | Finwave | |
|---|---|---|
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. |
Finwave Account Opening Process and Charges Details |
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Finwave
Finwave 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 Finwave - Brokerage charges & Plans
| Master Trust | Finwave | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | ₹20 per order |
| Currency Futures | ₹20/ Order or 0.30% | ₹20 per order |
| Equity Delivery | ₹0/- or 0.30% | ₹20 per order |
| Equity Options | ₹75/ Lot | ₹20 per order |
| Commodity Options | ₹75/ Lot | ₹20 per order |
| Equity Futures | ₹20/ Order or 0.30% | ₹20 per order |
| Currency Options | ₹25/ Lot | ₹20 per order |
| Fixed Charges | ₹20/ Order | ₹20 per order |
| Equity Intraday | ₹20/Order or 0.03% | ₹20 per order |
Master Trust Vs Finwave - Margin (Exposure)
| Master Trust | Finwave | |
|---|---|---|
| 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 Finwave - Other Charges
| Master Trust | Finwave | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹20/Order |
| API Charges | APIs are available free of cost. | ₹0 (Free) |
| Call & Trade Charges | N/A | ₹0 (Free) |
| Other Brokerage Charges | ₹20/Order or 0.03% | ₹20 per order |
| Minimum Brokerage | ₹20/ Order | ₹20 per order |
Master Trust Vs Finwave - STT/CTT
| Master Trust | Finwave | |
|---|---|---|
| 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 buy & 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 Finwave - Demat transaction charges
| Master Trust | Finwave | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | |
Master Trust Vs Finwave - GST
| Master Trust | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Master Trust Vs Finwave - SEBI Charges
| Master Trust | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Finwave - Features
| Master Trust | Finwave | |
|---|---|---|
| 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: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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