Master Trust Vs Sharekhan
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.
Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Master Trust Vs Sharekhan - Broker Details
| Master Trust | Sharekhan | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1985 | 2000 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX. |
| Branches | 989+ | 153+ |
| Brokerage | ₹20/ Order | 0.03% |
| Broker Type | Full service Broker | Discount Broker |
Master Trust Vs Sharekhan - Account Opening & AMC Charges
| Master Trust | Sharekhan | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹100/- | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹400 (from 2nd year) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
Master Trust Vs Sharekhan - Brokerage charges & Plans
| Master Trust | Sharekhan | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.03% per transaction value |
| Currency Futures | ₹20/ Order or 0.30% | 0.03% per transaction value |
| Equity Delivery | ₹0/- or 0.30% | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹75/ Lot | ₹60/ Lot |
| Commodity Options | ₹75/ Lot | ₹60/ Lot |
| Equity Futures | ₹20/ Order or 0.30% | 0.03% per transaction value |
| Currency Options | ₹25/ Lot | ₹20/ Lot |
| Fixed Charges | ₹20/ Order | ₹1,00,000/ Year |
| Equity Intraday | ₹20/Order or 0.03% | 0.03% per transaction value |
Master Trust Vs Sharekhan - Other Charges
| Master Trust | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| 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% | ₹1,00,000/ Year |
| Minimum Brokerage | ₹20/ Order | 0.10% |
Master Trust Vs Sharekhan - Transaction Charges
| Master Trust | Sharekhan | |
|---|---|---|
| Currency Options | NSE ₹4200 | BSE ₹1000 | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) |
| Equity Futures | NSE ₹300 | BSE ₹150 | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side |
| Equity Intraday | NSE ₹325| BSE ₹325 | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) |
| Equity Options | NSE ₹6000 | BSE ₹3500 | NSE ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (on premium) |
| Commodity | MCX ₹250 | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) |
| Currency Futures | NSE ₹120 | BSE ₹100 | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) |
| Equity Delivery | NSE ₹325| BSE ₹325 | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) |
Master Trust Vs Sharekhan - Margin (Exposure)
| Master Trust | Sharekhan | |
|---|---|---|
| Equity Options | 1x | 1 time (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 Sharekhan - Features
| Master Trust | Sharekhan | |
|---|---|---|
| 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:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Master Trust Vs Sharekhan - Review & Rating
| Master Trust | Sharekhan | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Master Trust Vs Sharekhan - Request a call back from Broker
| Master Trust | Sharekhan | |
|---|---|---|
Master Trust Vs Sharekhan - Investment Options
| Master Trust | Sharekhan | |
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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 Sharekhan - Order Type
| Master Trust | Sharekhan | |
|---|---|---|
| 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 Sharekhan - Research & Report
| Master Trust | Sharekhan | |
|---|---|---|
| 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 Sharekhan - Daily Market Report
| Master Trust | Sharekhan | |
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| Daily Market Reports & News |
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Master Trust Vs Sharekhan - Suitable For Investor
| Master Trust | Sharekhan | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Master Trust Vs Sharekhan - Pros & Cons
| Master Trust | Sharekhan | |
|---|---|---|
| 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 multiple trading platforms to its customers to suite the needs of customer. 2. It provides various brokerage slabs to fulfil the customer needs. More you trade with Sharekhan the lesser brokerage you need to pay. 3. It provides the online and classroom trading, seminars and workshops to the investors. 4. The stock broker does not charge online fund transfer from the bank account and the funds pay-out to bank account. 5. It does not charge for DP transactions. 6. It allows fixed deposit as collateral for the future and options trading. 7. It charges zero fees from the call and trade facility. |
| 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 offer the 3-in-1 account as it does not provide the banking services. 2. The brokerage charged is percentage based that are higher in comparison to the flat fee brokers. 3.The customers who hold Classic account are unable to trade in Commodities. |
Master Trust Vs Sharekhan - Background
| Master Trust | Sharekhan | |
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Master Trust Vs Sharekhan - Compare All Brokers
| Master Trust | Sharekhan | |
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Master Trust Vs Sharekhan - STT/CTT
| Master Trust | Sharekhan | |
|---|---|---|
| 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 |
| 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 Sharekhan - Demat transaction charges
| Master Trust | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | |
Master Trust Vs Sharekhan - GST
| Master Trust | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Master Trust Vs Sharekhan - SEBI Charges
| Master Trust | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Master Trust Vs Sharekhan - Account Opening & AMC Charges
Master Trust
Sharekhan
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹100/-
₹0 (Free)
Demat Account AMC
₹300
₹400 (from 2nd year)
Trading Account AMC
₹0
₹0 (Free)
Master Trust Vs Sharekhan
| Master Trust | Sharekhan | |
|---|---|---|
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. |
Sharekhan Review | Brokerage Charges, Account OpeningSharekhan is one of the largest stock brokers in India. It was incorporated in the year 2000 and provides its brokerage services by its website. Review of Sharekhan has grown immensely since last 10 years and now is considered as the leading stock broker of India. Sharekhan tips review provides its services through sharekhan franchise revie .. |
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Sharekhan
Sharekhan is Discount Broker. Its Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints, Advantages and Disadvantages.
Master Trust Vs Sharekhan - Brokerage charges & Plans
| Master Trust | Sharekhan | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.03% per transaction value |
| Currency Futures | ₹20/ Order or 0.30% | 0.03% per transaction value |
| Equity Delivery | ₹0/- or 0.30% | 0.30% on market rate or minimum 10 paisa per share |
| Equity Options | ₹75/ Lot | ₹60/ Lot |
| Commodity Options | ₹75/ Lot | ₹60/ Lot |
| Equity Futures | ₹20/ Order or 0.30% | 0.03% per transaction value |
| Currency Options | ₹25/ Lot | ₹20/ Lot |
| Fixed Charges | ₹20/ Order | ₹1,00,000/ Year |
| Equity Intraday | ₹20/Order or 0.03% | 0.03% per transaction value |
| Call Back Open Account |
Master Trust Vs Sharekhan - Margin (Exposure)
| Master Trust | Sharekhan | |
|---|---|---|
| Equity Options | 1x | 1 time (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 Sharekhan - Other Charges
| Master Trust | Sharekhan | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹0 (Free) |
| 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% | ₹1,00,000/ Year |
| Minimum Brokerage | ₹20/ Order | 0.10% |
Master Trust Vs Sharekhan - STT/CTT
| Master Trust | Sharekhan | |
|---|---|---|
| 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 |
| 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 Sharekhan - Demat transaction charges
| Master Trust | Sharekhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹0 (Free) | |
Master Trust Vs Sharekhan - GST
| Master Trust | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) |
Master Trust Vs Sharekhan - SEBI Charges
| Master Trust | Sharekhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Master Trust Vs Sharekhan - Features
| Master Trust | Sharekhan | |
|---|---|---|
| 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:- 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. TradeTiger (Trading Terminal) 2. Sharekhan Website (Website Trading) 3. Sharekhan App (Mobile Trading) 4. Sharekhan Mini (Low bandwidth app) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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