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Sharekhan Vs Master Trust (Compare Sharekhan and Master Trust)

Sharekhan Logo

About 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 Capital Services Ltd Logo

About 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
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX
Year of Incorporation 2000
Number of Branches 2800
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Sharekhan Vs Master Trust Charges & AMC

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

  Sharekhan Master Trust
Trading Account Opening Charges Rs 0 (Free) Rs 100
Trading Account AMC Charges Rs 0 (Free) Nil
Demat Account Opening Charges Rs 0 (Free) Nil
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 300

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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 Rs 0 (Free) and intraday is Rs 20 per executed order.

Account Type Sharekhan Classic Account Master Trust 20:20 Plan
Fixed Charges
Equity Delivery 0.50% Rs 0 (Free)
Equity Intraday 0.10% Rs 20 per executed order
Equity Futures 0.10% Rs 20 per executed order
Equity Options Rs 50 per lot Rs 20 per executed order
Currency Futures 0.10% Rs 20 per executed order
Currency Options Rs 30 per lot Rs 20 per executed order
Commodity Futures 0.03% Rs 20 per executed order
Commodity Options 0.03% Rs 20 per executed order
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

Sharekhan Vs Master Trust Brokerage Plan 2

  Sharekhan Master Trust
Account Type Prepaid - ₹1 Lakh Standard Plan
Fixed Charges Rs 1,00,000 per year
Equity Delivery 0.10% 0.30%
Equity Intraday 0.015% 0.03%
Equity Futures 0.015% 0.03%
Equity Options 0.05% or Rs 63 per lot Rs 75 per lot
Currency Futures 0.03%
Currency Options Rs 10 per lot
Commodity Futures 0.30%
Commodity Options Rs 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 Rs 1,00,000 margin Annual brokerage of Rs 1000
Equity Delivery 0.25% 25% off on existing brokerage plan
Equity Intraday 0.05% 25% off on existing brokerage plan
Equity Futures 0.05% 25% off on existing brokerage plan
Equity Options 1% or Rs 70 per lot 25% off on existing brokerage plan
Currency Futures 25% off on existing brokerage plan
Currency Options 25% off on existing brokerage plan
Commodity Futures 25% off on existing brokerage plan
Commodity Options 25% off on existing brokerage plan
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Sharekhan Charges Vs Master Trust

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 0
Other Charges
Call & Trade Charges Rs 20 Rs 20 per executed order

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Sharekhan Vs Master Trust Transaction Charges

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

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

Sharekhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Master Trust margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Sharekhan Master Trust
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)
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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 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 304 customer reviews whereas Master Trust is rated 3.9 of 5 based on 12 customer reviews.

  Sharekhan Master Trust
  304 Customer Reviews    Rate Sharekhan 12 Customer Reviews    Rate Master Trust
Fees 3.0 3.8
Brokerage 2.8 4.4
Trading Platform 3.7 4.0
Customer Service 3.3 3.9
Research Capabilities 3.0 4.0
Overall Ratings Rated 3.3 stars Rated 3.9 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 304 customer reviews Master Trust is rated 3.9 of 5 based on 12 customer reviews

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Contact Broker / Request A Call Back

  Sharekhan Enquire Master Trust Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
Leave your contact information and we will get in touch with you....

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Sharekhan Vs Master Trust Investment Options

  Sharekhan Master Trust
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
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 Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
Reviews
Promo / Offers

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

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

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