Master Trust Vs SMC Global (Compare Master Trust and SMC Global)

Master Trust Vs SMC Global

Incorporated in , Master Trust is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 1994, SMC Global is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX. It has 2450 branches across India.

	Master Trust	SMC Global
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	NSE, BSE, MCX, NCDEX
Year of Incorporation		1994
Number of Branches		2450
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Master Trust Vs SMC Global Charges & AMC

Master Trust trading account opening charges is Rs 100 while SMC Global account opening changes is Nil. Master Trust Demat Account AMC Charges is Rs 300 and SMC Global Demat Account AMC Charges is Rs 300.

	Master Trust	SMC Global
Trading Account Opening Charges	Rs 100	Nil
Trading Account AMC Charges	Nil	Nil
Demat Account Opening Charges	Nil	Rs 499
Demat Account AMC Charges	Rs 300	Rs 300

Master Trust Vs SMC Global Brokerage

Master Trust brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order whereas SMC Global brokerage charges for equity is 0.3% and intraday is 0.03%.

	Master Trust	SMC Global
Account Type	20:20 Plan
Fixed Charges
Equity Delivery	Rs 0 (Free)	0.3%
Equity Intraday	Rs 20 per executed order	0.03%
Equity Futures	Rs 20 per executed order	0.03%
Equity Options	Rs 20 per executed order	Rs 70 per lot
Currency Futures	Rs 20 per executed order	0.03%
Currency Options	Rs 20 per executed order	Rs 20 per lot
Commodity Futures	Rs 20 per executed order	0.03%
Commodity Options	Rs 20 per executed order	0.03%
Special Offer

Master Trust Vs SMC Global Brokerage Plan 2

	Master Trust	SMC Global
Account Type	Standard Plan
Fixed Charges
Equity Delivery	0.30%	0.3%
Equity Intraday	0.03%	0.03%
Equity Futures	0.03%	0.03%
Equity Options	Rs 75 per lot	Rs 70 per lot
Currency Futures	0.03%	0.03%
Currency Options	Rs 10 per lot	Rs 20 per lot
Commodity Futures	0.30%	0.03%
Commodity Options	Rs 75 per lot	0.03%
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Master Trust Vs SMC Global Brokerage Plan 3

	Master Trust	SMC Global
Account Type	My Plan
Fixed Charges	Annual brokerage of Rs 1000
Equity Delivery	25% off on existing brokerage plan	0.3%
Equity Intraday	25% off on existing brokerage plan	0.03%
Equity Futures	25% off on existing brokerage plan	0.03%
Equity Options	25% off on existing brokerage plan	Rs 70 per lot
Currency Futures	25% off on existing brokerage plan	0.03%
Currency Options	25% off on existing brokerage plan	Rs 20 per lot
Commodity Futures	25% off on existing brokerage plan	0.03%
Commodity Options	25% off on existing brokerage plan	0.03%
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Master Trust Charges Vs SMC Global

Minimum Brokerage	Rs 0	Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Charges
Call & Trade Charges	Rs 20 per executed order

Master Trust Vs SMC Global Transaction Charges

Master Trust transaction charges for options is NSE Rs 6000 | BSE Rs 3500 while SMC Global exchange transaction charges for options is 0.065% (on premium).

	Master Trust	SMC Global
Equity Delivery	NSE Rs 325 | BSE Rs 325	0.0035%
Equity Intraday	NSE Rs 325 | BSE Rs 325	0.0035%
Equity Futures	NSE Rs 300 | BSE Rs 150	0.0029%
Equity Options	NSE Rs 6000 | BSE Rs 3500	0.065% (on premium)
Currency Futures	NSE Rs 120 | BSE Rs 100	0.0029%
Currency Options	NSE Rs 4200 | BSE Rs 1000	0.065% (on premium)
Commodity	MCX Rs 250	0.0030%
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Master Trust Vs SMC Global 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 SMC Global 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	SMC Global
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)
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Compare Master Trust and SMC Global Features

The trading platforms offered Master Trust include OMNESYS NEST. SMC Global offers SMC Privilege, Easy Trader, Mobitrader, Tab Trader trading software.

	Master Trust	SMC Global
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	SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Intraday Square-off Time
Other Features
Referral Program
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Master Trust Vs SMC Global Review

Master Trust is rated 3.9 of 5 based on 12 customer reviews whereas SMC Global is rated 3.7 of 5 based on 16 customer reviews.

	Master Trust	SMC Global
	12 Customer Reviews	16 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	SMC Global is rated 3.7 of 5 based on 16 customer reviews

Master Trust Vs SMC Global Investment Options

	Master Trust	SMC Global
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds	Insurance

Master Trust Vs SMC Global Order Type Offered

	Master Trust	SMC Global
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Master Trust Vs SMC Global Research Report

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

Master Trust Vs SMC Global Suitable For Investor Type

	Master Trust	SMC Global
Casual Investor
Active Investor
Trader

Master Trust Vs SMC Global - Pros and Cons

	Master Trust	SMC Global
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.	They have 50+ branches for extensive reach. Call and trade facility is also available. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available. Trading is available in both BSE and NSE. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
Cons		Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products.
Reviews
Promo / Offers
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