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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...
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 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 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 | 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 | 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 |
| 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 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 margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Master Trust | Groww | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered Master Trust include OMNESYS NEST. Groww offers Groww trading software.
| Master Trust | Groww | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | OMNESYS NEST | Groww |
| Intraday Square-off Time | 3:10 PM | |
| Other Features | ||
| Referral Program |
Master Trust is rated 3.9 of 5 based on 12 customer reviews whereas Groww is rated 3.8 of 5 based on 36 customer reviews.
| Master Trust | Groww | |
|---|---|---|
12 Customer Reviews  |
36 Customer Reviews |
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| Broker Rating | Master Trust is rated 3.9 of 5 based on 12 customer reviews | Groww is rated 3.8 of 5 based on 36 customer reviews |
| Master Trust Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Leave your contact information and we will get in touch with you.... | Leave your contact information and we will get in touch with you.... |
| Master Trust | Groww | |
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| Bond / NCD | |
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| Other Investment Options | Mutual Funds | Digital Gold, US Stocks, Fixed Deposits |
| Master Trust | Groww | |
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| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| Good Till Cancelled (GTC) | |
| Master Trust | Groww | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Master Trust | Groww | |
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| Master Trust | Groww | |
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| 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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| Promo / Offers |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact Master Trust
