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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, exposure margin, demat account. Read Master Trust and Sharekhan review.

Find out Sharekhan Vs Master Trust which is better and Sharekhan Vs Master Trust which is best.

Our Sharekhan comparison with Master Capital Services Ltd highlights the major differences between two brokers. Find the best between Sharekhan and Master Trust.

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Sharekhan Vs Master Trust

  Sharekhan Master Trust
Find more info about broker
Sharekhan Logo Master Capital Services Ltd Logo
About the Broker 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 & f... Know more about Sharekhan 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 with over 1.5 lakh clients. Maste... Know more about Master Capital Services Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX BSE, NSE, MCX
Account Type Classic Account Per Order Executed
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.
Year of Incorporation 2000
Number of Branches 2800
Enquire Sharekhan Enquire Master Trust
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Sharekhan Vs Master Trust Charges

  Sharekhan Master Trust
Trading Account Opening Fees ₹0 (Free) ₹555
Trading Account AMC ₹0 (Free) Nil
Demat Account Opening Fees ₹0 (Free) Nil
Demat Account AMC ₹400 (Free for 1st year) ₹400
Demat Account is Mandatory? No No
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Sharekhan Vs Master Trust Brokerage

Brokerage Plan 1

  Sharekhan Master Trust
Account Type Classic Account Per Order Executed
Fixed Charges
Equity Delivery Brokerage 0.50% ₹10 per executed order
Equity Intraday Brokerage 0.10% ₹10 per executed order
Equity Futures Brokerage 0.10% ₹10 per executed order
Equity Options Brokerage ₹50 per lot ₹10 per executed order
Currency Futures Trading Brokerage 0.10% ₹10 per executed order
Currency Options Trading Brokerage ₹30 per lot ₹10 per executed order
Commodity Futures Trading Brokerage 0.03% ₹10 per executed order
Commodity Options Trading Brokerage 0.03%
Special Offer
Special Offer: Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

Brokerage Plan 2

  Sharekhan Master Trust
Account Type Prepaid - ₹1 Lakh Fixed Monthly Plan
Fixed Charges ₹1,00,000 per year ₹1000
Equity Delivery Brokerage 0.10% ₹0
Equity Intraday Brokerage 0.015% ₹0
Equity Futures Brokerage 0.015% ₹0
Equity Options Brokerage 0.05% or ₹63 per lot ₹0
Currency Futures Trading Brokerage ₹0
Currency Options Trading Brokerage ₹0
Commodity Futures Trading Brokerage ₹0
Commodity Options Trading Brokerage

Brokerage Plan 3

  Sharekhan Master Trust
Account Type Margin - ₹1 Lakh Per Order Executed
Fixed Charges ₹1,00,000 margin
Equity Delivery Brokerage 0.25% ₹10 per executed order
Equity Intraday Brokerage 0.05% ₹10 per executed order
Equity Futures Brokerage 0.05% ₹10 per executed order
Equity Options Brokerage 1% or ₹70 per lot ₹10 per executed order
Currency Futures Trading Brokerage ₹10 per executed order
Currency Options Trading Brokerage ₹10 per executed order
Commodity Futures Trading Brokerage ₹10 per executed order
Commodity Options Trading Brokerage

Other Charges

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 Taxes

  Sharekhan Master Trust
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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Sharekhan Vs Master Trust Transaction Charges

  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 Exposure Margin

  Sharekhan Master Trust
Equity Delivery Upto 5x with 24% interest per year
Equity Intraday Upto 10x
Equity Futures 2x for Intraday
Equity Options Nil
Currency Futures Nil
Currency Options Nil
Commodity Futures Upto 2x for Intraday
Commodity Options
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Sharekhan and Master Trust Feature Comparison

  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 Master Trust
  283 Customer Reviews    Rate Sharekhan 9 Customer Reviews    Rate Master Trust
Fees 3.1 3.4
Trading Brokerage 2.9 4.4
Trading Platform Usability 3.7 3.8
Customer Service 3.4 3.8
Research Capabilities 4.5
Overall Ratings Rated 3.3 stars Rated 3.8 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 283 customer reviews Master Trust is Rated 3.8 / 5 based on 9 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.

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
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 Customer Service

  Sharekhan Master Trust
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
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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 - Advantages and Disadvantages

  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.

More Advantages...

  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.

More Advantages...

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.

More Disadvantages...

More Disadvantages...

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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