Master Trust Vs iTradeOnline (Compare Master Trust and iTradeOnline)

Master Trust Vs iTradeOnline

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

	Master Trust	iTradeOnline
Type of Broker	Discount Broker	Discount Broker
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX
Account Type	20:20 Plan	Pay Per Trade
Year of Incorporation
Number of Branches
Broker Enquiry
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Master Trust Vs iTradeOnline Charges & AMC

Master Trust trading account opening charges is ₹100 while iTradeOnline account opening changes is ₹0 (Free). Master Trust Demat Account AMC Charges is ₹300 and iTradeOnline Demat Account AMC Charges is Regular Demat: ₹300, Lifetime free AMC Demat: ₹0.

	Master Trust	iTradeOnline
Trading Account Opening Charges	₹100	₹0 (Free)
Trading Account AMC Charges	Nil	₹0 (Free)
Demat Account Opening Charges	Nil	Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC Charges	₹300	Regular Demat: ₹300, Lifetime free AMC Demat: ₹0

Master Trust Vs iTradeOnline Brokerage

Master Trust brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order whereas iTradeOnline brokerage charges for equity is ₹20 per executed order or .01% whichever is lower and intraday is ₹20 per executed order or .01% whichever is lower.

	Master Trust	iTradeOnline
Account Type	20:20 Plan	Pay Per Trade
Fixed Charges
Equity Delivery Brokerage	₹0 (Free)	₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage	₹20 per executed order	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	₹20 per executed order	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	₹20 per executed order	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	₹20 per executed order	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹20 per executed order	₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	₹20 per executed order	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage	₹20 per executed order
Special Offer		Special Offer: Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Master Trust Vs iTradeOnline Brokerage Plan 2

	Master Trust	iTradeOnline
Account Type	Standard Plan	Pay Per Trade
Fixed Charges		₹0
Equity Delivery Brokerage	0.30%	₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage	0.03%	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.03%	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	₹75 per lot	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	0.03%	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹10 per lot	₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	0.30%	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage	₹75 per lot
	Enquire Master Trust	Enquire iTradeOnline

Master Trust Vs iTradeOnline Brokerage Plan 3

	Master Trust	iTradeOnline
Account Type	My Plan	Pay Per Trade
Fixed Charges	Annual brokerage of ₹1000	₹0
Equity Delivery Brokerage	25% off on existing brokerage plan	₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage	25% off on existing brokerage plan	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	25% off on existing brokerage plan	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	25% off on existing brokerage plan	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	25% off on existing brokerage plan	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	25% off on existing brokerage plan	₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	25% off on existing brokerage plan	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage	25% off on existing brokerage plan
	Enquire Master Trust	Enquire iTradeOnline

Master Trust Charges Vs iTradeOnline

Minimum Brokerage Charges	₹0	₹0 (No Minimum Brokerage)
Other Brokerage Charges		Physical contact notes: ₹20
Call & Trade Charges	₹20 per executed order	₹0 (Free)

Master Trust Vs iTradeOnline Transaction Charges

Master Trust transaction charges for options is NSE ₹6000 | BSE ₹3500 while iTradeOnline exchange transaction charges for options is NSE ₹5000 per crore (0.05%).

	Master Trust	iTradeOnline
Equity Delivery	NSE ₹325 | BSE ₹325	NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday	NSE ₹325 | BSE ₹325	NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures	NSE ₹300 | BSE ₹150	NSE ₹190 per crore (0.0019%)
Equity Options	NSE ₹6000 | BSE ₹3500	NSE ₹5000 per crore (0.05%)
Currency Futures	NSE ₹120 | BSE ₹100	NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options	NSE ₹4200 | BSE ₹1000	NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity	MCX ₹250	MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
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Master Trust Vs iTradeOnline Leverage (Margin)

Master Trust provides the margin of Upto 16x for intraday trades whereas the iTradeOnline margin for intraday cash is Upto 20x (based on the stock).

	Master Trust	iTradeOnline
Equity Delivery	1x for fixed brokerage plan; Upto 4.5x for standard plan	Upto 5x (based on the stock)
Equity Intraday	Upto 16x	Upto 20x (based on the stock)
Equity Futures	6x	Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options		Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	6x	Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options		Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures		Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span
Commodity Options		Intraday - 100%(1x), Carry forward - 100%(1x) of Span
	Enquire Master Trust	Enquire iTradeOnline

Compare Master Trust and iTradeOnline Features

The trading platforms offered Master Trust include OMNESYS NEST. iTradeOnline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

	Master Trust	iTradeOnline
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	Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time		Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program
	Enquire Master Trust	Enquire iTradeOnline

Master Trust Vs iTradeOnline Review

Master Trust is rated 3.7 of 5 based on 10 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.

	Master Trust	iTradeOnline
	10 Customer Reviews	7 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Master Trust is rated 3.7 of 5 based on 10 customer reviews	iTradeOnline is rated 4.0 of 5 based on 7 customer reviews

Master Trust Vs iTradeOnline Investment Options

	Master Trust	iTradeOnline
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds	Insurance, Wealth Management

Master Trust Vs iTradeOnline Order Type Offered

	Master Trust	iTradeOnline
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 iTradeOnline

Master Trust Vs iTradeOnline Research Report

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

Master Trust Vs iTradeOnline Suitable For Investor Type

	Master Trust	iTradeOnline
Casual Investor
Active Investor
Trader

Master Trust Vs iTradeOnline - Pros and Cons

	Master Trust	iTradeOnline
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.	Paperless account opening is available with eKYC and Aadhar integration All trading softwares including trading terminal are available for free. Uses trading platform of Omnesys which is industry leading trading software provider. Margin Against Share is available Research based fundamental and technical analysis available to all the customers. Short selling is available in NSE Cash segment only. After Hours Orders and Good Till Cancelled (GTC) orders are available. SMS Trade Alerts are available for free to all customers. Call & Trade is free for all customers.
Cons		Separate account needed for Mutual Funds investment. For iTradeOnline customers, the customer service is not available through 400+ Trustline branches. Doesn't offer bracket orders. Online IPO, NCD, Corporate Bond investment is not available. Trading API's are now available. Opening demat account along with the trading account is mandatory. No extra charge for intraday or expiry positions closed by the broker.
Reviews
Promo / Offers		Lifetime FREE AMC Demat Account - 50% Off Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening. This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.
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