The side-by-side comparison of Master Trust and Groww. Compare Master Trust Vs Groww brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Master Trust vs 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 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 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 | 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 | 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 |
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 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 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 |
The trading platforms offered Master Trust include OMNESYS NEST. Groww offers Groww trading software.
Master Trust | Groww | |
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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 Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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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 3.9 of 5 based on 9 customer reviews.
Master Trust | Groww | |
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Pros |
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Cons | ||
Reviews | ||
Promo / Offers |
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