Open Master Trust Account | Master Trust Account Opening Online Process Review


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Master Trust Account Opening Charges 2020

Master Trust account opening charges are ₹100 for a trading account and Nil for Demat account. Master Trust charge ₹300 AMC for Demat account.

TransactionCharges
Trading Account Opening Charges₹100
Account AMC ChargesNil
Demat Account Opening ChargesNil
Demat AMC (Yealy)₹300

Incorporated in 1994, Master Trust is a full-service broker. The broker offers online and offline broking services in equity, derivatives, currency, commodities, IPO, and mutual fund segments. It is a member of NSE, BSE, MCX, and NCDEX. It also offers insurance, algo trading, PMS, and research-related services. The broker has a customized brokerage plan to meet with the clients' requirements.

The broker is a depository participant with both NSDL and CDSL which allows it to offer depository services to its customers. The broker offers a 2-in-1 Trading & Demat account for the investors. Before opening an account with Master Trust, you have to register by filling a form online. Master Trust allows online account opening through a centralized system. The dedicated helpdesk is available to resolve the account opening related issues.

Master Trust Account Opening

Master Trust allows investors to open a 2-in-1 trading and demat account. You are not required to open a Demat account if you want to trade only in the derivatives segment. The trading account is sufficient for placing buy and sell requests in the derivatives segment. Master Trust offers 3 types of accounts for clients, which includes:

  • Master Trust Trading Account
  • Demat Account
  • Commodity Account

Clients can open a 2-in-1 account with Master Trust for smooth automatic transactions through Demat and trading account.

How to open an account with Master Trust?

To open an account with Master Trust, you can-

  1. Visit the branch office and ask for an account opening form. Fill the form and submit it along with required documents and fees.
  2. You can also fill the online form for account opening and a Master Trust representative will contact you to take the process forward.

Documents to open an account with Master Trust-

Proof of Identity (POI)-

  1. Aadhar/ Passport/ Voter ID/ Driving Licence
  2. PAN card with photograph
  3. Identity card issued by a competent authority

Proof of Address (POA)- Passport/ Voters Identity Card/ Ration Card/ Driving License/ UID/ bank account statement or Utility Bills (not more than 3 months old)

All the photocopies of the documents should be attested by a competent authority such as Manager of scheduled banks, notary public, and gazetted officer.

Frequently Asked Questions

  1. 1. Does Master trust allow more than one Demat account opening?

    Yes, Master Trust doesn't restrict clients on account opening. You can open as many accounts as you want with the broker.

     

  2. 2. Is there any minimum balance requirements for maintaining an account with Master Trust?

    No, Master Trust doesn't ask for minimum balance. You can even have a zero balance in your account.

     

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Master Trust Competitors Review

Information on this page was last updated on Thursday, April 30, 2020


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