Beeline Vs Master Trust (Compare Beeline and Master Trust)

Beeline Vs Master Trust

Incorporated in , Beeline is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India. Incorporated in , Master Trust is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Beeline	Master Trust
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
Year of Incorporation
Number of Branches
	Enquire Beeline	Enquire Master Trust

Beeline Vs Master Trust Charges & AMC

Beeline trading account opening charges is Nil while Master Trust account opening changes is Rs 100. Beeline Demat Account AMC Charges is Zero AMC with one time Rs 876 fee and Master Trust Demat Account AMC Charges is Rs 300.

	Beeline	Master Trust
Trading Account Opening Charges	Nil	Rs 100
Trading Account AMC Charges	Nil	Nil
Demat Account Opening Charges	Nil	Nil
Demat Account AMC Charges	Zero AMC with one time Rs 876 fee	Rs 300

Beeline Vs Master Trust Brokerage

Beeline brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas Master Trust brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order.

	Beeline	Master Trust
Account Type	Discount Brokerage Plan	20:20 Plan
Fixed Charges	NA
Equity Delivery	Rs 18 per executed order	Rs 0 (Free)
Equity Intraday	Rs 18 per executed order	Rs 20 per executed order
Equity Futures	Rs 18 per executed order	Rs 20 per executed order
Equity Options	Rs 18 per executed order	Rs 20 per executed order
Currency Futures	Rs 18 per executed order	Rs 20 per executed order
Currency Options	Rs 18 per executed order	Rs 20 per executed order
Commodity Futures	Rs 18 per executed order	Rs 20 per executed order
Commodity Options		Rs 20 per executed order
Special Offer

Beeline Vs Master Trust Brokerage Plan 2

	Beeline	Master Trust
Account Type	Traditional Brokerage Plan	Standard Plan
Fixed Charges	NA
Equity Delivery	As per margin	0.30%
Equity Intraday	As per margin	0.03%
Equity Futures	As per margin	0.03%
Equity Options	As per margin	Rs 75 per lot
Currency Futures	As per margin	0.03%
Currency Options	As per margin	Rs 10 per lot
Commodity Futures	As per margin	0.30%
Commodity Options		Rs 75 per lot
	Enquire Beeline	Enquire Master Trust

Beeline Vs Master Trust Brokerage Plan 3

	Beeline	Master Trust
Account Type	Discount Brokerage Plan	My Plan
Fixed Charges	NA	Annual brokerage of Rs 1000
Equity Delivery	Rs 18 per executed order	25% off on existing brokerage plan
Equity Intraday	Rs 18 per executed order	25% off on existing brokerage plan
Equity Futures	Rs 18 per executed order	25% off on existing brokerage plan
Equity Options	Rs 18 per executed order	25% off on existing brokerage plan
Currency Futures	Rs 18 per executed order	25% off on existing brokerage plan
Currency Options	Rs 18 per executed order	25% off on existing brokerage plan
Commodity Futures	Rs 18 per executed order	25% off on existing brokerage plan
Commodity Options		25% off on existing brokerage plan
	Enquire Beeline	Enquire Master Trust

Beeline Charges Vs Master Trust

Minimum Brokerage	Rs 18 per executed order	Rs 0
Other Charges	Software Charges at Rs 150 per segment
Call & Trade Charges	Rs 20 per executed order	Rs 20 per executed order

Beeline Vs Master Trust Transaction Charges

Beeline transaction charges for options is NSE Rs 5600 per Cr (0.056%) while Master Trust exchange transaction charges for options is NSE Rs 6000 | BSE Rs 3500.

	Beeline	Master Trust
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 | BSE Rs 325
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 | BSE Rs 325
Equity Futures	NSE Rs 215 per Cr (0.00215%)	NSE Rs 300 | BSE Rs 150
Equity Options	NSE Rs 5600 per Cr (0.056%)	NSE Rs 6000 | BSE Rs 3500
Currency Futures	NSE Rs 135 per Cr (0.00135%)	NSE Rs 120 | BSE Rs 100
Currency Options	NSE Rs 4600 per Cr (0.046%)	NSE Rs 4200 | BSE Rs 1000
Commodity	MCX Rs 260 per Cr (0.0026%)| NCDEX Rs 400 per Cr (0.004%)	MCX Rs 250
	Enquire Beeline	Enquire Master Trust

Beeline Vs Master Trust Leverage (Margin)

Beeline margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Master Trust margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Beeline	Master Trust
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Enquire Beeline	Enquire Master Trust

Compare Beeline and Master Trust Features

The trading platforms offered Beeline include NSE Now, ODIN (My Armour). Master Trust offers OMNESYS NEST trading software.

	Beeline	Master Trust
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	NSE Now, ODIN (My Armour)	OMNESYS NEST
Intraday Square-off Time	3:15 PM
Other Features
Referral Program
	Enquire Beeline	Enquire Master Trust

Beeline Vs Master Trust Review

Beeline is rated 4.0 of 5 based on 2 customer reviews whereas Master Trust is rated 3.9 of 5 based on 12 customer reviews.

	Beeline	Master Trust
	2 Customer Reviews	12 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Beeline is rated 4.0 of 5 based on 2 customer reviews	Master Trust is rated 3.9 of 5 based on 12 customer reviews

Beeline Vs Master Trust Investment Options

	Beeline	Master Trust
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance	Mutual Funds

Beeline Vs Master Trust Order Type Offered

	Beeline	Master Trust
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Beeline	Enquire Master Trust

Beeline Vs Master Trust Research Report

	Beeline	Master Trust
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Beeline Vs Master Trust Suitable For Investor Type

	Beeline	Master Trust
Casual Investor
Active Investor
Trader

Beeline Vs Master Trust - Pros and Cons

	Beeline	Master Trust
Pros	Online Discount Stock and Commodity Broker. Brokerage Fee: Flat Rs 18 per executed order in Eq F&O, Curr F&O and Commodity Futures. Rs 0 AMC Demat account when paid Rs 876 one time fee. NSE Now and ODIN trading software. Dedicated relationship managers are available.	Monthly unlimited trading plans available for trading at NSE, BSE and MCX. Funds transfer facility with 45 major banks available. MyValueTrade gives Intraday up to 33 times exposure No minimum brokerage. No need to login in different platforms for different segment. No more need to transfer deposits in one exchange to another for trading. Trade across all segments using Flexi-Balance feature wherein the balance across different segments viz. Equity, commodity, derivatives and currency can be used as one single balance.
Cons	Software uses changes at Rs 150 per segment. Call & Trade is not free. It is charged at Rs 20 per order. Unlike Zerodha and RKSV, Beeline doesn't have its own trading platform. Doesn't offer local customer service as it doesn't have branch offices.
Reviews	Beeline Broking is India based broker engaged in stock and commodity trading. Beeline is a discount stock broker offering flat rate (Rs 18 per executed order) brokerage plan. Beeline offers industry standard NSE NOW and ODIN trading platform. Beeline also offer depository services (demat account) and online insurances. Beeline is based in Ahmadabad, Gujarat.
Promo / Offers
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