Master Trust Vs Wisdom Capital (Compare Master Trust and Wisdom Capital)

Master Trust Vs Wisdom Capital

Incorporated in , Master Trust is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 2013, Wisdom Capital is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 250 branches across India.

	Master Trust	Wisdom Capital
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Year of Incorporation		2013
Number of Branches		250
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Master Trust Vs Wisdom Capital Charges & AMC

Master Trust trading account opening charges is Rs 100 while Wisdom Capital account opening changes is Rs 0. Master Trust Demat Account AMC Charges is Rs 300 and Wisdom Capital Demat Account AMC Charges is Rs 999 (Lifetime).

	Master Trust	Wisdom Capital
Trading Account Opening Charges	Rs 100	Rs 0
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0 (Free)
Demat Account AMC Charges	Rs 300	Rs 999 (Lifetime)

Master Trust Vs Wisdom Capital Brokerage

Master Trust brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order whereas Wisdom Capital brokerage charges for equity is Rs 9 per executed order and intraday is Rs 9 per executed order.

	Master Trust	Wisdom Capital
Account Type	20:20 Plan	Pro Plan
Fixed Charges
Equity Delivery	Rs 0 (Free)	Rs 9 per executed order
Equity Intraday	Rs 20 per executed order	Rs 9 per executed order
Equity Futures	Rs 20 per executed order	Rs 9 per executed order
Equity Options	Rs 20 per executed order	Rs 9 per executed order
Currency Futures	Rs 20 per executed order	Rs 9 per executed order
Currency Options	Rs 20 per executed order	Rs 9 per executed order
Commodity Futures	Rs 20 per executed order	Rs 9 per executed order
Commodity Options	Rs 20 per executed order	Rs 9 per executed order
Special Offer

Master Trust Vs Wisdom Capital Brokerage Plan 2

	Master Trust	Wisdom Capital
Account Type	Standard Plan	Freedom Plan
Fixed Charges		Rs 999 per month per segment
Equity Delivery	0.30%	Rs 0
Equity Intraday	0.03%	Rs 0
Equity Futures	0.03%	Rs 0
Equity Options	Rs 75 per lot	Rs 0
Currency Futures	0.03%	Rs 0
Currency Options	Rs 10 per lot	Rs 0
Commodity Futures	0.30%	Rs 0
Commodity Options	Rs 75 per lot	Rs 0
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Master Trust Vs Wisdom Capital Brokerage Plan 3

	Master Trust	Wisdom Capital
Account Type	My Plan	Pro Plan
Fixed Charges	Annual brokerage of Rs 1000
Equity Delivery	25% off on existing brokerage plan	Rs 9 per executed order
Equity Intraday	25% off on existing brokerage plan	Rs 9 per executed order
Equity Futures	25% off on existing brokerage plan	Rs 9 per executed order
Equity Options	25% off on existing brokerage plan	Rs 9 per executed order
Currency Futures	25% off on existing brokerage plan	Rs 9 per executed order
Currency Options	25% off on existing brokerage plan	Rs 9 per executed order
Commodity Futures	25% off on existing brokerage plan	Rs 9 per executed order
Commodity Options	25% off on existing brokerage plan	Rs 9 per executed order
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Master Trust Charges Vs Wisdom Capital

Minimum Brokerage	Rs 0
Other Charges
Call & Trade Charges	Rs 20 per executed order	Rs 20 per executed order

Master Trust Vs Wisdom Capital Transaction Charges

Master Trust transaction charges for options is NSE Rs 6000 | BSE Rs 3500 while Wisdom Capital exchange transaction charges for options is 0.06% (on premium).

	Master Trust	Wisdom Capital
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	0.0028%
Equity Options	NSE Rs 6000 | BSE Rs 3500	0.06% (on premium)
Currency Futures	NSE Rs 120 | BSE Rs 100
Currency Options	NSE Rs 4200 | BSE Rs 1000
Commodity	MCX Rs 250	0.0025%
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Master Trust Vs Wisdom Capital 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 Wisdom Capital 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	Wisdom Capital
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 Wisdom Capital Features

The trading platforms offered Master Trust include OMNESYS NEST. Wisdom Capital offers NEST trading software.

	Master Trust	Wisdom Capital
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	NEST
Intraday Square-off Time
Other Features
Referral Program
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Master Trust Vs Wisdom Capital Review

Master Trust is rated 3.9 of 5 based on 12 customer reviews whereas Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews.

	Master Trust	Wisdom Capital
	12 Customer Reviews	30 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	Wisdom Capital is rated 3.6 of 5 based on 30 customer reviews

Master Trust Vs Wisdom Capital Investment Options

	Master Trust	Wisdom Capital
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds

Master Trust Vs Wisdom Capital Order Type Offered

	Master Trust	Wisdom Capital
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 Wisdom Capital Research Report

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

Master Trust Vs Wisdom Capital Suitable For Investor Type

	Master Trust	Wisdom Capital
Casual Investor
Active Investor
Trader

Master Trust Vs Wisdom Capital - Pros and Cons

	Master Trust	Wisdom Capital
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.	Trade all market segments i.e. NSE Cash, F&O, Currency and MCX Commodities with single trading terminal. Monthly unlimited trading plans available for trading at NSE, BSE and MCX. Trading Software's including website, mobile app and installable trading terminals are available for free. No minimum brokerage. They allow to trade Nifty with 3000, Crude with 3000 & Mega Gold with 9000 margins. They offers semi & fully automated Algo trading.
Cons		Wisdom Capital doesn't offer 3-in-1 account. Wisdom Capital doesn't offer facility to invest in IPO, FPO, Mutual Funds, FDs, NCDs and Offer For Sale (OFS). Algo trading is available with additional charges at Rs 550/pm for semi automated trading.
Reviews
Promo / Offers
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