Master Trust Vs Groww (Compare Master Trust and Groww)

Master Trust Vs Groww

Incorporated in , Master Trust is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

	Master Trust	Groww
Type of Broker	Discount Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX	NSE and BSE
Account Type	20:20 Plan	Standard Plan
Year of Incorporation		2016
Number of Branches		0
Broker Enquiry

Master Trust Vs Groww Charges & AMC

Master Trust trading account opening charges is Rs 100 while Groww account opening changes is Rs 0. Master Trust Demat Account AMC Charges is Rs 300 and Groww Demat Account AMC Charges is Rs 0.

	Master Trust	Groww
Trading Account Opening Charges	Rs 100	Rs 0
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0
Demat Account AMC Charges	Rs 300	Rs 0

Master Trust Vs Groww Brokerage

Master Trust brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

	Master Trust	Groww
Account Type	20:20 Plan	Standard Plan
Fixed Charges		NA
Equity Delivery Brokerage	Rs 0 (Free)	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	Rs 20 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	Rs 20 per executed order	NA
Equity Options Brokerage	Rs 20 per executed order	NA
Currency Futures Trading Brokerage	Rs 20 per executed order	NA
Currency Options Trading Brokerage	Rs 20 per executed order	NA
Commodity Futures Trading Brokerage	Rs 20 per executed order	NA
Commodity Options Trading Brokerage	Rs 20 per executed order	NA
Special Offer

Master Trust Vs Groww Brokerage Plan 2

	Master Trust	Groww
Account Type	Standard Plan	Standard Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.30%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	0.03%	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	0.03%	NA
Equity Options Brokerage	Rs 75 per lot	NA
Currency Futures Trading Brokerage	0.03%	NA
Currency Options Trading Brokerage	Rs 10 per lot	NA
Commodity Futures Trading Brokerage	0.30%	NA
Commodity Options Trading Brokerage	Rs 75 per lot	NA

Master Trust Vs Groww Brokerage Plan 3

	Master Trust	Groww
Account Type	My Plan	Standard Plan
Fixed Charges	Annual brokerage of Rs 1000	NA
Equity Delivery Brokerage	25% off on existing brokerage plan	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Brokerage	25% off on existing brokerage plan	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Brokerage	25% off on existing brokerage plan	NA
Equity Options Brokerage	25% off on existing brokerage plan	NA
Currency Futures Trading Brokerage	25% off on existing brokerage plan	NA
Currency Options Trading Brokerage	25% off on existing brokerage plan	NA
Commodity Futures Trading Brokerage	25% off on existing brokerage plan	NA
Commodity Options Trading Brokerage	25% off on existing brokerage plan	NA

Master Trust Charges Vs Groww

Minimum Brokerage Charges	Rs 0	Rs 20 or 0.05% per executed order
Other Brokerage Charges		Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges	Rs 20 per executed order	NA

Master Trust Vs Groww Transaction Charges

Master Trust transaction charges for options is NSE Rs 6000 | BSE Rs 3500 while Groww exchange transaction charges for options is NA.

	Master Trust	Groww
Equity Delivery	NSE Rs 325 | BSE Rs 325	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	NSE Rs 325 | BSE Rs 325	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	NSE Rs 300 | BSE Rs 150	NA
Equity Options	NSE Rs 6000 | BSE Rs 3500	NA
Currency Futures	NSE Rs 120 | BSE Rs 100	NA
Currency Options	NSE Rs 4200 | BSE Rs 1000	NA
Commodity	MCX Rs 250	NA

Master Trust Vs Groww Leverage (Margin)

Master Trust provides the margin of Upto 16x for intraday trades whereas the Groww margin for intraday cash is Up to 8x (based on the stock).

	Master Trust	Groww
Equity Delivery	1x for fixed brokerage plan; Upto 4.5x for standard plan	1x (no margin)
Equity Intraday	Upto 16x	Up to 8x (based on the stock)
Equity Futures	6x	NA
Equity Options		NA
Currency Futures	6x	NA
Currency Options		NA
Commodity Futures		NA
Commodity Options		NA

Compare Master Trust and Groww Features

The trading platforms offered Master Trust include OMNESYS NEST. Groww offers Groww trading software.

	Master Trust	Groww
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	Groww
Intraday Square-off Time		3:10 PM
Other Features
Referral Program

Master Trust Vs Groww Review

Master Trust is rated 3.9 of 5 based on 12 customer reviews whereas Groww is rated 3.9 of 5 based on 9 customer reviews.

	Master Trust	Groww
	12 Customer Reviews	9 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Master Trust is rated 3.9 of 5 based on 12 customer reviews	Groww is rated 3.9 of 5 based on 9 customer reviews

Master Trust Vs Groww Investment Options

	Master Trust	Groww
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds	Digital Gold, US Stocks, Fixed Deposits

Master Trust Vs Groww Order Type Offered

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

Master Trust Vs Groww Research Report

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

Master Trust Vs Groww Suitable For Investor Type

	Master Trust	Groww
Casual Investor
Active Investor
Trader

Master Trust Vs Groww - Pros and Cons

	Master Trust	Groww
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
Reviews
Promo / Offers