Zerodha Vs Master Trust (Compare Zerodha and Master Trust)


Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment). Ze... Know more about Zerodha


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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Zerodha Vs Master Trust

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in , Master Trust is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Zerodha Master Trust
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Account Type Flat Brokerage Plan 20:20 Plan
Year of Incorporation 2010
Number of Branches 22
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Zerodha Vs Master Trust Charges & AMC

Zerodha trading account opening charges is Rs 200 while Master Trust account opening changes is Rs 100. Zerodha Demat Account AMC Charges is Rs 300 and Master Trust Demat Account AMC Charges is Rs 300.

  Zerodha Master Trust
Trading Account Opening Charges Rs 200 Rs 100
Trading Account AMC Charges Rs 0 (Free) Nil
Demat Account Opening Charges Rs 0 Nil
Demat Account AMC Charges Rs 300 Rs 300
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Zerodha Vs Master Trust Brokerage Charges & Plans

Zerodha Vs Master Trust Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Master Trust brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order.

  Zerodha Master Trust
Account Type Flat Brokerage Plan 20:20 Plan
Fixed Charges
Equity Delivery Rs 0 (Free) Rs 0 (Free)
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order
Currency Options Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 20 per executed order
Commodity Options Rs 20 per executed order or .03% whichever is lower 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 with Zerodha and start trading today.

Zerodha Vs Master Trust Brokerage Plan 2

  Zerodha Master Trust
Account Type Flat Brokerage Plan Standard Plan
Fixed Charges
Equity Delivery Rs 0 (Free) 0.30%
Equity Intraday Rs 20 per executed order or .03% whichever is lower 0.03%
Equity Futures Rs 20 per executed order or .03% whichever is lower 0.03%
Equity Options Rs 20 per executed order Rs 75 per lot
Currency Futures Rs 20 per executed order or .03% whichever is lower 0.03%
Currency Options Rs 20 per executed order or .03% whichever is lower Rs 10 per lot
Commodity Futures Rs 20 per executed order or .03% whichever is lower 0.30%
Commodity Options Rs 20 per executed order or .03% whichever is lower Rs 75 per lot
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Zerodha Vs Master Trust Brokerage Plan 3

  Zerodha Master Trust
Account Type Flat Brokerage Plan My Plan
Fixed Charges Annual brokerage of Rs 1000
Equity Delivery Rs 0 (Free) 25% off on existing brokerage plan
Equity Intraday Rs 20 per executed order or .03% whichever is lower 25% off on existing brokerage plan
Equity Futures Rs 20 per executed order or .03% whichever is lower 25% off on existing brokerage plan
Equity Options Rs 20 per executed order 25% off on existing brokerage plan
Currency Futures Rs 20 per executed order or .03% whichever is lower 25% off on existing brokerage plan
Currency Options Rs 20 per executed order or .03% whichever is lower 25% off on existing brokerage plan
Commodity Futures Rs 20 per executed order or .03% whichever is lower 25% off on existing brokerage plan
Commodity Options Rs 20 per executed order or .03% whichever is lower 25% off on existing brokerage plan
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Zerodha Charges Vs Master Trust

Minimum Brokerage 0.03% in Intraday and F&O Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges Rs 50 per executed order Rs 20 per executed order
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Zerodha Vs Master Trust Transaction Charges

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

  Zerodha Master Trust
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 | BSE Rs 325
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE Rs 325 | BSE Rs 325
Equity Futures NSE Rs 200 per Cr (0.002%) NSE Rs 300 | BSE Rs 150
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE Rs 6000 | BSE Rs 3500
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) NSE Rs 120 | BSE Rs 100
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE Rs 4200 | BSE Rs 1000
Commodity Group A - Rs 260 per Cr (0.0026%) MCX Rs 250
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Zerodha Vs Master Trust Leverage (Margin)

Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Master Trust margin for intraday cash is Upto 16x.

  Zerodha Master Trust
Equity Delivery 1x (no margin) 1x for fixed brokerage plan; Upto 4.5x for standard plan
Equity Intraday Up to 20x (based on the stock) Upto 16x
Equity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 6x
Equity Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) 6x
Currency Options Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options
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Compare Zerodha and Master Trust Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Master Trust offers OMNESYS NEST trading software.

  Zerodha Master Trust
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin OMNESYS NEST
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Other Features Direct Mutual Funds, APIs for Algo Trading
Referral Program Yes
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Zerodha Vs Master Trust Review

Zerodha is rated 3.7 of 5 based on 422 customer reviews whereas Master Trust is rated 3.9 of 5 based on 12 customer reviews.

  Zerodha Master Trust
  422 Customer Reviews    Rate Zerodha 12 Customer Reviews    Rate Master Trust
Fees 3.7 3.8
Brokerage 4.3 4.4
Trading Platform 3.6 4.0
Customer Service 3.4 3.9
Research Capabilities 2.8 4.0
Overall Ratings Rated 3.7 stars Rated 3.9 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 422 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

  Zerodha Enquire Master Trust Enquire
Contact Broker 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 with Zerodha and start trading today. Leave your contact information and we will get in touch with you....
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Zerodha Vs Master Trust Investment Options

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

  Zerodha Master Trust
Bracket Order No
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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Zerodha Vs Master Trust Research Report

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

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

  Zerodha Master Trust
Pros
  • India's No. 1 broker in terms of the number of active clients and exchange volume.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account 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
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
Reviews
Promo / Offers

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

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