Upstox Vs Master Trust
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
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.
Upstox Vs Master Trust - Broker Details
| Upstox | Master Trust | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 1985 |
| Exchanges | BSE, NSE and MCX | BSE, NSE and MCX |
| Branches | Zero | 989+ |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | ₹20/ Order |
| Broker Type | Discount Broker | Full service Broker |
Upstox Vs Master Trust - Account Opening & AMC Charges
| Upstox | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹100/- |
| Demat Account AMC | ₹0 (Free) | ₹300 |
| Trading Account AMC | ₹0 (Free) | ₹0 |
Upstox Vs Master Trust - Brokerage charges & Plans
| Upstox | Master Trust | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.30% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹0/- or 0.30% |
| Equity Options | ₹20/ Order | ₹75/ Lot |
| Commodity Options | ₹20/ Order | ₹75/ Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Options | ₹20/ Order | ₹25/ Lot |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order or 0.03% |
Upstox Vs Master Trust - Other Charges
| Upstox | Master Trust | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | (₹50 + GST) | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Upstox Vs Master Trust - Transaction Charges
| Upstox | Master Trust | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE ₹300 | BSE ₹150 |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE ₹325| BSE ₹325 |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE ₹6000 | BSE ₹3500 |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | MCX ₹250 |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE ₹120 | BSE ₹100 |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE ₹325| BSE ₹325 |
Upstox Vs Master Trust - Margin (Exposure)
| Upstox | Master Trust | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 2x |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 2x |
| Commodity Futures | 1x (100% of NRML margin (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 margin (Span + Exposure) | 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
Upstox Vs Master Trust - Features
| Upstox | 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:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator | 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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Upstox Vs Master Trust - Review & Rating
| Upstox | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs Master Trust - Request a call back from Broker
| Upstox | Master Trust | |
|---|---|---|
Upstox Vs Master Trust - Investment Options
| Upstox | 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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Upstox Vs Master Trust - Order Type
| Upstox | 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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Upstox Vs Master Trust - Research & Report
| Upstox | 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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Upstox Vs Master Trust - Daily Market Report
| Upstox | Master Trust | |
|---|---|---|
| Daily Market Reports & News |
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Upstox Vs Master Trust - Suitable For Investor
| Upstox | Master Trust | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Upstox Vs Master Trust - Pros & Cons
| Upstox | Master Trust | |
|---|---|---|
| Pros | 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. | 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. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. | 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. |
Upstox Vs Master Trust - Background
| Upstox | Master Trust | |
|---|---|---|
Upstox Vs Master Trust - Compare All Brokers
| Upstox | Master Trust | |
|---|---|---|
Upstox Vs Master Trust - STT/CTT
| Upstox | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| 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 | 0.05% on sell trade |
Upstox Vs Master Trust - Demat transaction charges
| Upstox | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | |
Upstox Vs Master Trust - GST
| Upstox | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge) |
Upstox Vs Master Trust - SEBI Charges
| Upstox | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Upstox Vs Master Trust - Account Opening & AMC Charges
Upstox
Master Trust
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹100/-
Demat Account AMC
₹0 (Free)
₹300
Trading Account AMC
₹0 (Free)
₹0
Upstox Vs Master Trust
| Upstox | Master Trust | |
|---|---|---|
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
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.
Upstox Vs Master Trust - Brokerage charges & Plans
| Upstox | Master Trust | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.30% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | ₹0/- or 0.30% |
| Equity Options | ₹20/ Order | ₹75/ Lot |
| Commodity Options | ₹20/ Order | ₹75/ Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹20/ Order or 0.30% |
| Currency Options | ₹20/ Order | ₹25/ Lot |
| Fixed Charges | ₹20/ Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹20/Order or 0.03% |
| Call Back Open Account |
Upstox Vs Master Trust - Margin (Exposure)
| Upstox | Master Trust | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | Upto 16x CO/BO:- ( Upto 48x) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 2x |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 2x |
| Commodity Futures | 1x (100% of NRML margin (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 margin (Span + Exposure) | 2x |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 2x |
| Call Back Open Account |
Upstox Vs Master Trust - Other Charges
| Upstox | Master Trust | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹0 (Free) | APIs are available free of cost. |
| Call & Trade Charges | (₹50 + GST) | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20/Order or 0.03% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Upstox Vs Master Trust - STT/CTT
| Upstox | Master Trust | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell trade (Non-Agri) |
| 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 | 0.05% on sell trade |
Upstox Vs Master Trust - Demat transaction charges
| Upstox | Master Trust | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | |
Upstox Vs Master Trust - GST
| Upstox | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge) |
Upstox Vs Master Trust - SEBI Charges
| Upstox | Master Trust | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Upstox Vs Master Trust - Features
| Upstox | 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:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator | 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 |