Geojit Vs Master Trust (Compare Geojit and Master Trust)

Geojit Vs Master Trust

Incorporated in 1987, Geojit is a Full Service Broker. It offers trading at BSE, NSE, MCX-SX. It has 509 branches across India. Incorporated in , Master Trust is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Geojit	Master Trust
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX-SX	BSE, NSE, MCX
Year of Incorporation	1987
Number of Branches	509
	Enquire Geojit	Enquire Master Trust

Geojit Vs Master Trust Charges & AMC

Geojit trading account opening charges is Rs 425 while Master Trust account opening changes is Rs 100. Geojit Demat Account AMC Charges is Rs 700 and Master Trust Demat Account AMC Charges is Rs 300.

	Geojit	Master Trust
Trading Account Opening Charges	Rs 425	Rs 100
Trading Account AMC Charges	NIL	Nil
Demat Account Opening Charges	NIL	Nil
Demat Account AMC Charges	Rs 700	Rs 300

Geojit Vs Master Trust Brokerage

Geojit brokerage charges for equity is 0.30% and intraday is 0.03% whereas Master Trust brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order.

	Geojit	Master Trust
Account Type	Online Trading	20:20 Plan
Fixed Charges
Equity Delivery	0.30%	Rs 0 (Free)
Equity Intraday	0.03%	Rs 20 per executed order
Equity Futures	0.03%	Rs 20 per executed order
Equity Options	Rs 125 per contract	Rs 20 per executed order
Currency Futures	0.03%	Rs 20 per executed order
Currency Options	Rs 125 per contract	Rs 20 per executed order
Commodity Futures	NA	Rs 20 per executed order
Commodity Options	NA	Rs 20 per executed order
Special Offer

Geojit Vs Master Trust Brokerage Plan 2

	Geojit	Master Trust
Account Type	Online Trading	Standard Plan
Fixed Charges
Equity Delivery	0.30%	0.30%
Equity Intraday	0.03%	0.03%
Equity Futures	0.03%	0.03%
Equity Options	Rs 125 per contract	Rs 75 per lot
Currency Futures	0.03%	0.03%
Currency Options	Rs 125 per contract	Rs 10 per lot
Commodity Futures	NA	0.30%
Commodity Options	NA	Rs 75 per lot
	Enquire Geojit	Enquire Master Trust

Geojit Vs Master Trust Brokerage Plan 3

	Geojit	Master Trust
Account Type	Online Trading	My Plan
Fixed Charges		Annual brokerage of Rs 1000
Equity Delivery	0.30%	25% off on existing brokerage plan
Equity Intraday	0.03%	25% off on existing brokerage plan
Equity Futures	0.03%	25% off on existing brokerage plan
Equity Options	Rs 125 per contract	25% off on existing brokerage plan
Currency Futures	0.03%	25% off on existing brokerage plan
Currency Options	Rs 125 per contract	25% off on existing brokerage plan
Commodity Futures	NA	25% off on existing brokerage plan
Commodity Options	NA	25% off on existing brokerage plan
	Enquire Geojit	Enquire Master Trust

Geojit Charges Vs Master Trust

Minimum Brokerage	1p per share or Rs 20/contract whichever is higher	Rs 0
Other Charges
Call & Trade Charges		Rs 20 per executed order

Geojit Vs Master Trust Transaction Charges

Geojit transaction charges for options is Rs 5500 per Cr (0.05%) while Master Trust exchange transaction charges for options is NSE Rs 6000 | BSE Rs 3500.

	Geojit	Master Trust
Equity Delivery	Rs 325 per Cr (0.00325%)	NSE Rs 325 | BSE Rs 325
Equity Intraday	Rs 325 per Cr (0.00325%)	NSE Rs 325 | BSE Rs 325
Equity Futures	Rs 210 per Cr (0.0021%)	NSE Rs 300 | BSE Rs 150
Equity Options	Rs 5500 per Cr (0.05%)	NSE Rs 6000 | BSE Rs 3500
Currency Futures	Rs 145 per Cr (0.00145%)	NSE Rs 120 | BSE Rs 100
Currency Options	Rs 4730 per Cr (0.0473%) on premium	NSE Rs 4200 | BSE Rs 1000
Commodity	NA	MCX Rs 250
	Enquire Geojit	Enquire Master Trust

Geojit Vs Master Trust Leverage (Margin)

Geojit 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.

	Geojit	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 Geojit	Enquire Master Trust

Compare Geojit and Master Trust Features

The trading platforms offered Geojit include Selfie Platinum, Selfie Gold, Mobile App. Master Trust offers OMNESYS NEST trading software.

	Geojit	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	Selfie Platinum, Selfie Gold, Mobile App	OMNESYS NEST
Intraday Square-off Time
Other Features
Referral Program
	Enquire Geojit	Enquire Master Trust

Geojit Vs Master Trust Review

Geojit is rated 3.7 of 5 based on 102 customer reviews whereas Master Trust is rated 3.9 of 5 based on 12 customer reviews.

	Geojit	Master Trust
	102 Customer Reviews	12 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Geojit is rated 3.7 of 5 based on 102 customer reviews	Master Trust is rated 3.9 of 5 based on 12 customer reviews

Geojit Vs Master Trust Investment Options

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

Geojit Vs Master Trust Order Type Offered

	Geojit	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 Geojit	Enquire Master Trust

Geojit Vs Master Trust Research Report

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

Geojit Vs Master Trust Suitable For Investor Type

	Geojit	Master Trust
Casual Investor
Active Investor
Trader

Geojit Vs Master Trust - Pros and Cons

	Geojit	Master Trust
Pros		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	1. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional Rs 20 per Contract or 5 paisa per share whichever is higher.
Reviews
Promo / Offers
	Enquire Geojit	Enquire Master Trust