The side-by-side comparison of Master Trust and Alice Blue. Compare Master Trust Vs Alice Blue brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Master Trust vs Alice Blue?
Master Trust
Master Trust is a discount brokerage company part of the Master Capital Services Ltd. Incorporated in 1985; Master Capital Services Ltd (part of Master Trust Group) is a leading financial services company in India.
Master Trust Group entered in to discount brokerage business in Aug 2014. Master Trust offers both flat fees per trade and standard trading plan. They have PAN India presence with a client base of 2,50,000 which covers 300+ locations across 22 states of India
Master Trust has f...
Alice Blue
Incorporated in 2006, Alice Blue is a Bangalore based discount stock broker offering stock and commodity trading services at BSE, NSE, and MCX. Alice Blue also offers depository service (demat account) through its membership with CDSL.
AliceBlue offers 2 brokerage plans, 'Trade Pro' and 'Freedom 20' to its customers. In the 'Trade Pro' plan, the company charges percentage-based brokerage. Customers have to pay a fixed percentage of the trading value. For intraday trading, a trader has to pay ...
Incorporated in , Master Trust is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
Master Trust | Alice Blue | |
---|---|---|
Type of Broker | Discount Broker | Discount Broker |
Supported Exchnages | BSE, NSE, MCX | BSE, NSE, MCX |
Account Type | 20:20 Plan | Freedom 20 |
Year of Incorporation | ||
Number of Branches | ||
Broker Enquiry |
![]() |
![]() |
Enquire Master Trust | Enquire Alice Blue |
Master Trust trading account opening charges is Rs 100 while Alice Blue account opening changes is Equity Rs 310 | MCX Rs 200 | Rs 500 All segments. Master Trust Demat Account AMC Charges is Rs 300 and Alice Blue Demat Account AMC Charges is Rs 400.
Master Trust | Alice Blue | |
---|---|---|
Trading Account Opening Charges | Rs 100 | Equity Rs 310 | MCX Rs 200 | Rs 500 All segments |
Trading Account AMC Charges | Nil | Rs 0 |
Demat Account Opening Charges | Nil | Rs 0 |
Demat Account AMC Charges | Rs 300 | Rs 400 |
Master Trust brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order or 0.01% whichever is lower.
Master Trust | Alice Blue | |
---|---|---|
Account Type | 20:20 Plan | Freedom 20 |
Fixed Charges | ||
Equity Delivery Brokerage | Rs 0 (Free) | Rs 0 (Free) |
Equity Intraday Brokerage | Rs 20 per executed order | Rs 20 per order or 0.01% whichever is lower |
Equity Futures Brokerage | Rs 20 per executed order | Rs 20 per order or 0.01% whichever is lower |
Equity Options Brokerage | Rs 20 per executed order | Rs 20 per order |
Currency Futures Trading Brokerage | Rs 20 per executed order | Rs 20 per order or 0.01% whichever is lower |
Currency Options Trading Brokerage | Rs 20 per executed order | Rs 10 per order |
Commodity Futures Trading Brokerage | Rs 20 per executed order | Rs 20 per order or 0.01% whichever is lower |
Commodity Options Trading Brokerage | Rs 20 per executed order | Rs 20 per order |
Special Offer | Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat Rs 20 intranet and F&O trade brokerage. Get the offer |
Master Trust | Alice Blue | |
---|---|---|
Account Type | Standard Plan | Trade Pro Plan |
Fixed Charges | ||
Equity Delivery Brokerage | 0.30% | 0.1% |
Equity Intraday Brokerage | 0.03% | 0.01% |
Equity Futures Brokerage | 0.03% | 0.01% |
Equity Options Brokerage | Rs 75 per lot | Rs 20 per lot |
Currency Futures Trading Brokerage | 0.03% | Rs 10 per lot |
Currency Options Trading Brokerage | Rs 10 per lot | Rs 20 per lot |
Commodity Futures Trading Brokerage | 0.30% | 0.01% |
Commodity Options Trading Brokerage | Rs 75 per lot | Rs 20 per lot |
Enquire Master Trust | Enquire Alice Blue |
Master Trust | Alice Blue | |
---|---|---|
Account Type | My Plan | Freedom 20 |
Fixed Charges | Annual brokerage of Rs 1000 | |
Equity Delivery Brokerage | 25% off on existing brokerage plan | Rs 0 (Free) |
Equity Intraday Brokerage | 25% off on existing brokerage plan | Rs 20 per order or 0.01% whichever is lower |
Equity Futures Brokerage | 25% off on existing brokerage plan | Rs 20 per order or 0.01% whichever is lower |
Equity Options Brokerage | 25% off on existing brokerage plan | Rs 20 per order |
Currency Futures Trading Brokerage | 25% off on existing brokerage plan | Rs 20 per order or 0.01% whichever is lower |
Currency Options Trading Brokerage | 25% off on existing brokerage plan | Rs 10 per order |
Commodity Futures Trading Brokerage | 25% off on existing brokerage plan | Rs 20 per order or 0.01% whichever is lower |
Commodity Options Trading Brokerage | 25% off on existing brokerage plan | Rs 20 per order |
Enquire Master Trust | Enquire Alice Blue |
Minimum Brokerage Charges | Rs 0 | Rs 0 |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 20 per executed order | Rs 20 per executed order |
Master Trust transaction charges for options is NSE Rs 6000 | BSE Rs 3500 while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).
Master Trust | Alice Blue | |
---|---|---|
Equity Delivery | NSE Rs 325 | BSE Rs 325 | NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) |
Equity Intraday | NSE Rs 325 | BSE Rs 325 | NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side) |
Equity Futures | NSE Rs 300 | BSE Rs 150 | NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side) |
Equity Options | NSE Rs 6000 | BSE Rs 3500 | NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) |
Currency Futures | NSE Rs 120 | BSE Rs 100 | NSE Rs 135 per Cr (0.00135%) |
Currency Options | NSE Rs 4200 | BSE Rs 1000 | NSE Rs 4400 per Cr (0.044%) (on premium) |
Commodity | MCX Rs 250 | Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%) |
Enquire Master Trust | Enquire Alice Blue |
Master Trust provides the margin of Upto 16x for intraday trades whereas the Alice Blue margin for intraday cash is Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x.
Master Trust | Alice Blue | |
---|---|---|
Equity Delivery | 1x for fixed brokerage plan; Upto 4.5x for standard plan | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Intraday | Upto 16x | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Futures | 6x | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Equity Options | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x | |
Currency Futures | 6x | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Currency Options | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x | |
Commodity Futures | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x | |
Commodity Options | ||
Enquire Master Trust | Enquire Alice Blue |
The trading platforms offered Master Trust include OMNESYS NEST. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.
Master Trust | Alice Blue | |
---|---|---|
3 in 1 Account | ![]() |
![]() |
Charting | ![]() |
![]() |
Automated Trading | ![]() |
![]() |
SMS Alerts | ![]() |
![]() |
Online Demo | ![]() |
![]() |
Online Portfolio | ![]() |
![]() |
Margin Trading Funding Available | ![]() |
![]() |
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform | OMNESYS NEST | Front End: ANT | Back End: Omnesys NEST |
Intraday Square-off Time | Equity: 3:15PM | |
Other Features | ||
Referral Program | ||
Enquire Master Trust | Enquire Alice Blue |
Master Trust is rated 3.9 of 5 based on 12 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 31 customer reviews.
Master Trust | Alice Blue | |
---|---|---|
Bracket Order | ![]() |
|
Cover Order | ![]() |
|
Buy Today Sell Tomorrow (BTST) | ![]() |
|
Sell Today Buy Tomorrow (STBT) | ![]() |
|
After Market Order(AMO) | ![]() |
|
Good Till Cancelled (GTC) | ![]() |
|
Enquire Master Trust | Enquire Alice Blue |
Master Trust | Alice Blue | |
---|---|---|
Pros |
|
|
Cons |
|
|
Reviews | ||
Promo / Offers | Free Equity Delivery TradeGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 intranet and F&O trade brokerage. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you. |
|
Enquire Master Trust | Enquire Alice Blue |
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc