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Master Trust Vs Groww (Compare Master Trust and Groww)

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...

Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...

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
Exchnage Membership	BSE, NSE, MCX	NSE and BSE
Year of Incorporation		2016
Number of Branches		0

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 Charges & Plans

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	Rs 0 (Free)	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 20 per executed order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 20 per executed order	NA
Equity Options	Rs 20 per executed order	NA
Currency Futures	Rs 20 per executed order	NA
Currency Options	Rs 20 per executed order	NA
Commodity Futures	Rs 20 per executed order	NA
Commodity Options	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	0.30%	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	0.03%	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	0.03%	NA
Equity Options	Rs 75 per lot	NA
Currency Futures	0.03%	NA
Currency Options	Rs 10 per lot	NA
Commodity Futures	0.30%	NA
Commodity Options	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	25% off on existing brokerage plan	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	25% off on existing brokerage plan	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	25% off on existing brokerage plan	NA
Equity Options	25% off on existing brokerage plan	NA
Currency Futures	25% off on existing brokerage plan	NA
Currency Options	25% off on existing brokerage plan	NA
Commodity Futures	25% off on existing brokerage plan	NA
Commodity Options	25% off on existing brokerage plan	NA

Master Trust Charges Vs Groww

Minimum Brokerage	Rs 0	Rs 20 or 0.05% per executed order
Other 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 margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Groww 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.

	Master Trust	Groww
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)

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
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 3.7 of 5 based on 25 customer reviews.

	Master Trust	Groww
	12 Customer Reviews	25 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Master Trust is rated 3.9 of 5 based on 12 customer reviews	Groww is rated 3.7 of 5 based on 25 customer reviews

Contact Broker / Request A Call Back

	Master Trust Enquire	Groww Enquire
Contact Broker	Leave your contact information and we will get in touch with you.... Name Phone # Email City Name State Are you a day trader?	Leave your contact information and we will get in touch with you....

Master Trust Vs Groww Investment Options

	Master Trust	Groww
Stock / Equity
Commodity
Currency
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.	Simple pricing model with low-cost trading charges. Free Mutual Fund investments with no hidden charges. Zero Account opening fee. Zero Maintenance Charges. Direct MF platform that helps you earn an extra 1.5% returns. E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision. Instant paperless account opening. Online IPO application. Inhouse Brokerage Calculator Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline.
Cons		Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment. No Call and Trade services. Branch support not available. Do not provide stock tips, research reports, or recommendations. No Margin trading facility. No Margin against shares. Advanced order types like BO, CO, AMO, and GTT not available. Trailling stop loss orders are not available in Groww app. Do not offer NRI Trading.
Reviews		Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.
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