Zerodha Vs Master Trust Demat Account Comparison

Zerodha is a Bangalore based discount stock broker offering flat Rs 20 per trade in Equity Cash, Equity F&O, Currency F&O and Commodities. Zerodha launched its online trading services on 15th Aug 2010 and in first 7 years Zerodha made around 7 lakhs customers.

With innovative trading platform and tools along with the cheapest brokerage, Zerodha is fastest growing financial firm in India offering stock brokerage and depository services.

MyValueTrade (MVT) is a flat fee online stock trading company of Master Capital Services Ltd. My Value Trade offers online flat fee brokerage and unlimited monthly trading plans to retail traders. Trading is offered in Equity, Commodity and Currency Derivatives segment at BSE, NSE and MCX. Master Capital Services is depository participants with the NSDL & CDSL for trading and settlement of dematerialized shares.

No. 153/154, Ground Floor,
4th Cross, J P Nagar, 4th Phase,
Bangalore Karnataka India - 560078

1012, Arunachal Building, 10th Floor,
19 Barakhamba Road, New Delhi
Delhi India 110001

Stock Broking, Demat Accounts, Stock Broking, Mutual Funds

Equity Trading, Commodity Trading, Currency Derivatives Trading, DP Services, Mutual Funds

₹50 (Stamp charges payable upfront)

Nil

Individuals/Non Individual (except Corporate) - ₹300 + GST
Non Individual - Corporate - ₹1000

• Scheme A: Nil
• Scheme B: Rs 300 per annum
• Scheme LF: Nil
• Scheme BSDA: Nil
• Scheme 800: Rs 800 per annum

₹0

• Rs 2500 for Scheme A
• Rs 555 for Scheme LF (For Individuals ony) for Lime time AMC Free
• Rs 800 for scheme 800

₹150 per certificate (+ ₹100 Courier charges)

• Rs 20 per request + Rs 3 per certificate for Scheme A, B, LF and Scheme 800.
• Rs 50 per request + Rs 10 per certificate for Scheme BSDA.

₹150 per certificate + CDSL charges + ₹100 Courier charges

• Rs 20 for every 100 securities or part thereof; or a flat fee of Rs 20 per certificate whichever is higher will be payable for scheme A, B ,LF and Scheme 800.
• Rs 50 for every 100 securities or part thereof; or a flat fee of Rs 50 per certificate whichever is higher will be payable for scheme BSDA.

• Market Trades: ₹13.5 + GST
• Off-Market Trades: 0.03% of ₹25 whichever is higher + GST

• Rs 12 in Scheme A
• Rs 16 in Scheme B
• Rs 15 (with in DP) and Rs 25 (outside DP) in Scheme LF
• Mkt Delivery within DP - Nil and outside DP Rs - 25 in Scheme 800
• Rs 50 (with in DP) and Rs 100 (outside DP) in Scheme BSDA.

₹30 per request + GST

• Rs 50 in Scheme B, LF and Scheme 800.
• Rs 40 in Scheme A Rs 100 in Scheme BSDA.

₹0

Nil

₹20

• Rs 20 in Scheme A
• Rs 25 in Scheme B, LF and Scheme 800.
• Rs 50 in Scheme BSDA

₹50 per ISIN

Rs 20 per instruction

• Cheque Bounce: ₹350
• Physical Statement - ₹50 (+Courier charges at actual)
• Modification in CML - ₹25 per request
• KRA Upload / Download - ₹50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

• Re-Issuance of DIS Booklet: Rs 10 (cotaining 10 leaves).
• Non periodic statement and other communication charged: Rs 20 per mail
• Additional Statement of Holding/Transaction: Rs 2 per page + postage
• In case of demat rejection postage shall be charged at Rs 30 for dispatch to the client for removal of objection.
• Any modification in client master will be charged @ Rs 20 per modification.