Master Trust Vs Upstox (Compare Master Trust and Upstox)


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... Know more about Master Capital Services Ltd


Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms. Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix. Upstox trading platform offers trading, analysis, charting and many more rich trading features. This platfo... Know more about Upstox

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Master Trust Vs Upstox

Incorporated in , Master Trust is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

  Master Trust Upstox
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2012
Number of Branches 4
Open an Online Trading Account with Master Trust.Open an Online Trading Account with Upstox.
Enquire Master TrustOpen Upstox Account
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Master Trust Vs Upstox Charges & AMC

Master Trust trading account opening charges is Rs 100 while Upstox account opening changes is Rs 249. Master Trust Demat Account AMC Charges is Rs 300 and Upstox Demat Account AMC Charges is Rs 300.

  Master Trust Upstox
Trading Account Opening Charges Rs 100 Rs 249
Trading Account AMC Charges Nil Rs 0 (Free)
Demat Account Opening Charges Nil Rs 0 (Free)
Demat Account AMC Charges Rs 300 Rs 300
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Master Trust Vs Upstox Brokerage Charges & Plans

Master Trust Vs Upstox Brokerage

Master Trust brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order whereas Upstox brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or 0.05% whichever is lower.

  Master Trust Upstox
Account Type 20:20 Plan Default
Fixed Charges NA
Equity Delivery Rs 0 (Free) Rs 0 (Free)
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 Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 per executed order Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 20 per executed order Rs 20 per executed order
Commodity Futures Rs 20 per executed order Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 20 per executed order Rs 20 per executed order
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online and start trading today.

Master Trust Vs Upstox Brokerage Plan 2

  Master Trust Upstox
Account Type Standard Plan Default
Fixed Charges NA
Equity Delivery 0.30% Rs 0 (Free)
Equity Intraday 0.03% Rs 20 per executed order or 0.05% whichever is lower
Equity Futures 0.03% Rs 20 per executed order or 0.05% whichever is lower
Equity Options Rs 75 per lot Rs 20 per executed order
Currency Futures 0.03% Rs 20 per executed order or 0.05% whichever is lower
Currency Options Rs 10 per lot Rs 20 per executed order
Commodity Futures 0.30% Rs 20 per executed order or 0.05% whichever is lower
Commodity Options Rs 75 per lot Rs 20 per executed order
Enquire Master TrustOpen Upstox Account

Master Trust Vs Upstox Brokerage Plan 3

  Master Trust Upstox
Account Type My Plan Default
Fixed Charges Annual brokerage of Rs 1000 NA
Equity Delivery 25% off on existing brokerage plan Rs 0 (Free)
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 Rs 20 per executed order or 0.05% whichever is lower
Equity Options 25% off on existing brokerage plan Rs 20 per executed order
Currency Futures 25% off on existing brokerage plan Rs 20 per executed order or 0.05% whichever is lower
Currency Options 25% off on existing brokerage plan Rs 20 per executed order
Commodity Futures 25% off on existing brokerage plan Rs 20 per executed order or 0.05% whichever is lower
Commodity Options 25% off on existing brokerage plan Rs 20 per executed order
Enquire Master TrustOpen Upstox Account

Master Trust Charges Vs Upstox

Minimum Brokerage Rs 0 0.05%
Other Charges Auto Square-off Charges: Rs 50
Call & Trade Charges Rs 20 per executed order Rs 20 per trade
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Master Trust Vs Upstox Transaction Charges

Master Trust transaction charges for options is NSE Rs 6000 | BSE Rs 3500 while Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

  Master Trust Upstox
Equity Delivery NSE Rs 325 | BSE Rs 325 NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 325 | BSE Rs 325 NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 300 | BSE Rs 150 NSE Rs 200 per Cr (0.002%)
Equity Options NSE Rs 6000 | BSE Rs 3500 NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures NSE Rs 120 | BSE Rs 100 NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)
Currency Options NSE Rs 4200 | BSE Rs 1000 NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity MCX Rs 250 Group A - Rs 290 per Cr (0.0029%)
Enquire Master TrustOpen Upstox Account
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Master Trust Vs Upstox 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 Upstox 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 Upstox
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)
Enquire Master TrustOpen Upstox Account
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Compare Master Trust and Upstox Features

The trading platforms offered Master Trust include OMNESYS NEST. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

  Master Trust Upstox
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform OMNESYS NEST Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time 3:00 PM
Other Features Option strategy builder
Referral Program Yes
Enquire Master TrustOpen Upstox Account
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Master Trust Vs Upstox Review

Master Trust is rated 3.9 of 5 based on 12 customer reviews whereas Upstox is rated 2.4 of 5 based on 117 customer reviews.

  Master Trust Upstox
  12 Customer Reviews    Rate Master Trust 117 Customer Reviews    Rate Upstox
Fees 3.8 3.4
Brokerage 4.4 3.5
Trading Platform 4.0 2.6
Customer Service 3.9 2.3
Research Capabilities 4.0 2.3
Overall Ratings Rated 3.9 stars Rated 2.4 stars
Broker Rating Master Trust is rated 3.9 of 5 based on 12 customer reviews Upstox is rated 2.4 of 5 based on 117 customer reviews
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Contact Broker / Request A Call Back

  Master Trust Enquire Upstox Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online and start trading today.
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Master Trust Vs Upstox Investment Options

  Master Trust Upstox
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes No
Other Investment Options Mutual Funds
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Master Trust Vs Upstox Order Type Offered

  Master Trust Upstox
Bracket Order No
Cover Order Yes
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
Enquire Master TrustOpen Upstox Account
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Master Trust Vs Upstox Research Report

  Master Trust Upstox
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Master Trust Vs Upstox Suitable For Investor Type

  Master Trust Upstox
Casual Investor Yes
Active Investor Yes
Trader Yes Yes
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Master Trust Vs Upstox - Pros and Cons

  Master Trust Upstox
Pros
  1. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  2. Funds transfer facility with 45 major banks available.
  3. MyValueTrade gives Intraday up to 33 times exposure
  4. No minimum brokerage.
  5. No need to login in different platforms for different segment.
  6. No more need to transfer deposits in one exchange to another for trading.
  7. 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.
  • Zero account opening fee.
  • Zero brokerage for trading in Equity Delivery (Cash & Carry).
  • Zero brokerage for Mutual Fund and digital gold investment.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Offer direct mutual funds.
  • Free trading software for mobile and web browsers.
  • One app for trading in equity, currency, and commodity.
  • Margin Against Share is available
  • Online IPO, FPO, Bonds, and NCD's are available.
Cons
  • No margin funding.
  • It does not offer the 'Good Till Canceled (GTC) order type.
  • It does not offer BTST facility.
  • Unlimited monthly plans not available.
  • No stock tips or recommendations.
  • It charges an additional fee for call & trade.
  • It charges an additional fee of Rs 50 for auto-square-off done by the broker.
  • Higher demat debit transaction charges.
  • Upstox doesn't offer NRI Trading and Demat Account.
  • Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
Reviews
Promo / Offers

Free Equity Delivery Trading & Mutual Funds

  • Pay Rs 0 Brokerage for Equity Delivery, Mutual Funds, and Digital Gold.
  • Pay flat Rs 20 for Intra-day and F&O Trades.
  • Trade with the best trading platform.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Enquire Master TrustOpen Upstox Account

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