Sharekhan Vs Master Trust (Compare Sharekhan and Master Trust)

The side-by-side comparison of Sharekhan and Master Trust. Compare Sharekhan Vs Master Trust brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Sharekhan vs Master Trust?


Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan


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

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Sharekhan Vs Master Trust

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in , Master Trust is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Sharekhan Master Trust
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type Classic Account 20:20 Plan
Year of Incorporation 2000
Number of Branches 2800
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Master Trust. Leave your contact info and we will get in touch with you.
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Sharekhan Vs Master Trust Charges & AMC

Sharekhan trading account opening charges is ₹0 (Free) while Master Trust account opening changes is ₹100. Sharekhan Demat Account AMC Charges is ₹400 (Free for 1st year) and Master Trust Demat Account AMC Charges is ₹300.

  Sharekhan Master Trust
Trading Account Opening Charges ₹0 (Free) ₹100
Trading Account AMC Charges ₹0 (Free) Nil
Demat Account Opening Charges ₹0 (Free) Nil
Demat Account AMC Charges ₹400 (Free for 1st year) ₹300
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Sharekhan Vs Master Trust Brokerage Charges & Plans

Sharekhan Vs Master Trust Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Master Trust brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order.

  Sharekhan Master Trust
Account Type Classic Account 20:20 Plan
Fixed Charges
Equity Delivery Brokerage 0.50% ₹0 (Free)
Equity Intraday Brokerage 0.10% ₹20 per executed order
Equity Futures Brokerage 0.10% ₹20 per executed order
Equity Options Brokerage ₹50 per lot ₹20 per executed order
Currency Futures Trading Brokerage 0.10% ₹20 per executed order
Currency Options Trading Brokerage ₹30 per lot ₹20 per executed order
Commodity Futures Trading Brokerage 0.03% ₹20 per executed order
Commodity Options Trading Brokerage 0.03% ₹20 per executed order
Special Offer
Special Offer: Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

Sharekhan Vs Master Trust Brokerage Plan 2

  Sharekhan Master Trust
Account Type Prepaid - ₹1 Lakh Standard Plan
Fixed Charges ₹1,00,000 per year
Equity Delivery Brokerage 0.10% 0.30%
Equity Intraday Brokerage 0.015% 0.03%
Equity Futures Brokerage 0.015% 0.03%
Equity Options Brokerage 0.05% or ₹63 per lot ₹75 per lot
Currency Futures Trading Brokerage 0.03%
Currency Options Trading Brokerage ₹10 per lot
Commodity Futures Trading Brokerage 0.30%
Commodity Options Trading Brokerage ₹75 per lot
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Sharekhan Vs Master Trust Brokerage Plan 3

  Sharekhan Master Trust
Account Type Margin - ₹1 Lakh My Plan
Fixed Charges ₹1,00,000 margin Annual brokerage of ₹1000
Equity Delivery Brokerage 0.25% 25% off on existing brokerage plan
Equity Intraday Brokerage 0.05% 25% off on existing brokerage plan
Equity Futures Brokerage 0.05% 25% off on existing brokerage plan
Equity Options Brokerage 1% or ₹70 per lot 25% off on existing brokerage plan
Currency Futures Trading Brokerage 25% off on existing brokerage plan
Currency Options Trading Brokerage 25% off on existing brokerage plan
Commodity Futures Trading Brokerage 25% off on existing brokerage plan
Commodity Options Trading Brokerage 25% off on existing brokerage plan
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Sharekhan Charges Vs Master Trust

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share ₹0
Other Brokerage Charges
Call & Trade Charges Rs 20 ₹20 per executed order
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Sharekhan Vs Master Trust Transaction Charges

Sharekhan transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) while Master Trust exchange transaction charges for options is NSE ₹6000 | BSE ₹3500.

  Sharekhan Master Trust
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 | BSE ₹325
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 | BSE ₹325
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side) NSE ₹300 | BSE ₹150
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) NSE ₹6000 | BSE ₹3500
Currency Futures NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%) NSE ₹120 | BSE ₹100
Currency Options NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium) NSE ₹4200 | BSE ₹1000
Commodity MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%) MCX ₹250
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Sharekhan Vs Master Trust Leverage (Margin)

Sharekhan provides the margin of Upto 10x for intraday trades whereas the Master Trust margin for intraday cash is Upto 16x.

  Sharekhan Master Trust
Equity Delivery Upto 5x with 24% interest per year 1x for fixed brokerage plan; Upto 4.5x for standard plan
Equity Intraday Upto 10x Upto 16x
Equity Futures 2x for Intraday 6x
Equity Options Nil
Currency Futures Nil 6x
Currency Options Nil
Commodity Futures Upto 2x for Intraday
Commodity Options
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Compare Sharekhan and Master Trust Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Master Trust offers OMNESYS NEST trading software.

  Sharekhan Master Trust
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile OMNESYS NEST
Intraday Square-off Time 3:30 PM
Other Features Pattern finder, Class room training
Referral Program
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Sharekhan Vs Master Trust Review

Sharekhan is rated 3.3 of 5 based on 289 customer reviews whereas Master Trust is rated 3.7 of 5 based on 10 customer reviews.

  Sharekhan Master Trust
  289 Customer Reviews    Rate Sharekhan 10 Customer Reviews    Rate Master Trust
Fees 3.1 3.5
Trading Brokerage 2.8 4.3
Trading Platform Usability 3.7 3.8
Customer Service 3.3 3.7
Research Capabilities 3.1 4.0
Overall Ratings Rated 3.3 stars Rated 3.7 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 289 customer reviews Master Trust is rated 3.7 of 5 based on 10 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire Master Trust Enquire
Contact Broker

Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

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Sharekhan Vs Master Trust Investment Options

  Sharekhan Master Trust
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading Mutual Funds
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Sharekhan Vs Master Trust Order Type Offered

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

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

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

  Sharekhan Master Trust
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.
  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.
Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.
Reviews
Promo / Offers

Free Trading & Demat Account (for limited time only)

Get FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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