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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... 
iTradeOnline
iTradeOnline is an online trading platform of Trustline Securities, a popular full-service broker. iTradeOnline offers online discount brokerage services at an ultra-low brokerage fee of Rs 20 per executed order or 0.01% whichever is lower. The same low price is available across segments at BSE, NSE, and MCX.
Unlike most discount brokers, iTradeOnline offers intraday leverage of up to 20x in equity, 2x in NSE F&O, 2x in NSE Currency and 8x in MCX futures. The cover orders (CO) are available...
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 |
| Exchnage Membership | BSE, NSE, MCX | BSE, NSE, MCX |
| Year of Incorporation | ||
| Number of Branches | ||
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| Enquire Master Trust | Enquire iTradeOnline |
Master Trust trading account opening charges is Rs 100 while iTradeOnline account opening changes is Rs 0 (Free). Master Trust Demat Account AMC Charges is Rs 300 and iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.
| Master Trust | iTradeOnline | |
|---|---|---|
| Trading Account Opening Charges | Rs 100 | Rs 0 (Free) |
| Trading Account AMC Charges | Nil | Rs 0 (Free) |
| Demat Account Opening Charges | Nil | Regular: Rs 0, Lifetime Free AMC: Rs 1000 |
| Demat Account AMC Charges | Rs 300 | Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 |
Master Trust brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order whereas iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower.
| Master Trust | iTradeOnline | |
|---|---|---|
| Account Type | 20:20 Plan | Pay Per Trade |
| Fixed Charges | Rs 0 | |
| Equity Delivery | Rs 0 (Free) | Rs 20 per executed order or .01% whichever is lower |
| Equity Intraday | Rs 20 per executed order | Rs 20 per executed order or .01% whichever is lower |
| Equity Futures | Rs 20 per executed order | Rs 20 per executed order or .01% whichever is lower |
| Equity Options | Rs 20 per executed order | Rs 20 per executed order or .01% whichever is lower |
| Currency Futures | Rs 20 per executed order | Rs 20 per executed order or .01% whichever is lower |
| Currency Options | Rs 20 per executed order | Rs 20 per executed order or .01% whichever is lower |
| Commodity Futures | Rs 20 per executed order | Rs 20 per executed order or .01% whichever is lower |
| Commodity Options | Rs 20 per executed order | |
| Special Offer | Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback |
| Master Trust | iTradeOnline | |
|---|---|---|
| Account Type | Standard Plan | Pay Per Trade |
| Fixed Charges | Rs 0 | |
| Equity Delivery | 0.30% | Rs 20 per executed order or .01% whichever is lower |
| Equity Intraday | 0.03% | Rs 20 per executed order or .01% whichever is lower |
| Equity Futures | 0.03% | Rs 20 per executed order or .01% whichever is lower |
| Equity Options | Rs 75 per lot | Rs 20 per executed order or .01% whichever is lower |
| Currency Futures | 0.03% | Rs 20 per executed order or .01% whichever is lower |
| Currency Options | Rs 10 per lot | Rs 20 per executed order or .01% whichever is lower |
| Commodity Futures | 0.30% | Rs 20 per executed order or .01% whichever is lower |
| Commodity Options | Rs 75 per lot | |
| Enquire Master Trust | Enquire iTradeOnline |
| Master Trust | iTradeOnline | |
|---|---|---|
| Account Type | My Plan | Pay Per Trade |
| Fixed Charges | Annual brokerage of Rs 1000 | Rs 0 |
| Equity Delivery | 25% off on existing brokerage plan | Rs 20 per executed order or .01% whichever is lower |
| Equity Intraday | 25% off on existing brokerage plan | Rs 20 per executed order or .01% whichever is lower |
| Equity Futures | 25% off on existing brokerage plan | Rs 20 per executed order or .01% whichever is lower |
| Equity Options | 25% off on existing brokerage plan | Rs 20 per executed order or .01% whichever is lower |
| Currency Futures | 25% off on existing brokerage plan | Rs 20 per executed order or .01% whichever is lower |
| Currency Options | 25% off on existing brokerage plan | Rs 20 per executed order or .01% whichever is lower |
| Commodity Futures | 25% off on existing brokerage plan | Rs 20 per executed order or .01% whichever is lower |
| Commodity Options | 25% off on existing brokerage plan | |
| Enquire Master Trust | Enquire iTradeOnline |
| Minimum Brokerage | Rs 0 | Rs 0 (No Minimum Brokerage) |
| Other Charges | Physical contact notes: Rs 20 | |
| Call & Trade Charges | Rs 20 per executed order | Rs 0 (Free) |
Master Trust transaction charges for options is NSE Rs 6000 | BSE Rs 3500 while iTradeOnline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).
| Master Trust | iTradeOnline | |
|---|---|---|
| Equity Delivery | NSE Rs 325 | BSE Rs 325 | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) |
| Equity Intraday | NSE Rs 325 | BSE Rs 325 | NSE Rs 325 per crore | BSE Rs 1.5/trade (each side) |
| Equity Futures | NSE Rs 300 | BSE Rs 150 | NSE Rs 190 per crore (0.0019%) |
| Equity Options | NSE Rs 6000 | BSE Rs 3500 | NSE Rs 5000 per crore (0.05%) |
| Currency Futures | NSE Rs 120 | BSE Rs 100 | NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%) |
| Currency Options | NSE Rs 4200 | BSE Rs 1000 | NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500 |
| Commodity | MCX Rs 250 | MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%) |
| Enquire Master Trust | Enquire iTradeOnline |
Master Trust margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the iTradeOnline margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Master Trust | iTradeOnline | |
|---|---|---|
| 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) |
| Enquire Master Trust | Enquire iTradeOnline |
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 |  |
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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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| 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 is rated 3.9 of 5 based on 12 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.
| Master Trust | iTradeOnline | |
|---|---|---|
12 Customer Reviews  |
7 Customer Reviews |
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| Broker Rating | Master Trust is rated 3.9 of 5 based on 12 customer reviews | iTradeOnline is rated 4.0 of 5 based on 7 customer reviews |
| Master Trust Enquire | iTradeOnline Enquire | |
|---|---|---|
| Contact Broker | Leave your contact information and we will get in touch with you.... | Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback |
| Master Trust | iTradeOnline | |
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| IPO | |
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| Other Investment Options | Mutual Funds | Insurance, Wealth Management |
| Master Trust | iTradeOnline | |
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| 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 | iTradeOnline | |
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| Daily Market Report | |
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| News Alerts | |
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| Master Trust | iTradeOnline | |
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| Casual Investor | ||
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| Master Trust | iTradeOnline | |
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| Promo / Offers | Lifetime FREE AMC Demat Account - 50% OffGet 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 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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| Enquire Master Trust | Enquire iTradeOnline |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Contact Master Trust
