Zerodha Vs Master Trust (Compare Zerodha and Master Trust)

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
Supported Exchnages	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX
Account Type	Flat Brokerage Plan	20:20 Plan
Year of Incorporation	2010
Number of Branches	22
Broker Enquiry
	Enquire Zerodha	Enquire Master Trust

Zerodha Vs Master Trust Charges & AMC

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

	Zerodha	Master Trust
Trading Account Opening Charges	₹200	₹100
Trading Account AMC Charges	₹0 (Free)	Nil
Demat Account Opening Charges	₹0	Nil
Demat Account AMC Charges	₹300	₹300

Zerodha Vs Master Trust Brokerage

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

	Zerodha	Master Trust
Account Type	Flat Brokerage Plan	20:20 Plan
Fixed Charges
Equity Delivery Brokerage	₹0 (Free)	₹0 (Free)
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per executed order
Equity Futures Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per executed order
Equity Options Brokerage	₹20 per executed order	₹20 per executed order
Currency Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per executed order
Currency Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per executed order
Commodity Futures Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per executed order
Commodity Options Trading Brokerage	₹20 per executed order or .03% whichever is lower	₹20 per executed order
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Zerodha Vs Master Trust Brokerage Plan 2

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

Zerodha Vs Master Trust Brokerage Plan 3

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

Zerodha Charges Vs Master Trust

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

Zerodha Vs Master Trust Transaction Charges

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

	Zerodha	Master Trust
Equity Delivery	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	NSE ₹325 | BSE ₹325
Equity Intraday	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	NSE ₹325 | BSE ₹325
Equity Futures	NSE ₹190 per Cr (0.0019%)	NSE ₹300 | BSE ₹150
Equity Options	NSE ₹5000 per Cr (0.05%) (on premium)	NSE ₹6000 | BSE ₹3500
Currency Futures	NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)	NSE ₹120 | BSE ₹100
Currency Options	NSE ₹3500 per Cr (0.035%) | BSE ₹100 per Cr (0.001%) (on premium)	NSE ₹4200 | BSE ₹1000
Commodity	Group A - ₹260 per Cr (0.0026%)	MCX ₹250
	Enquire Zerodha	Enquire Master Trust

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
	Enquire Zerodha	Enquire Master Trust

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
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
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
	Enquire Zerodha	Enquire Master Trust

Zerodha Vs Master Trust Review

Zerodha is rated 3.7 of 5 based on 408 customer reviews whereas Master Trust is rated 3.9 of 5 based on 12 customer reviews.

	Zerodha	Master Trust
	408 Customer Reviews	12 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 408 customer reviews	Master Trust is rated 3.9 of 5 based on 12 customer reviews

Zerodha Vs Master Trust Investment Options

	Zerodha	Master Trust
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Mutual Funds

Zerodha Vs Master Trust Order Type Offered

	Zerodha	Master Trust
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Zerodha	Enquire Master Trust

Zerodha Vs Master Trust Research Report

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

Zerodha Vs Master Trust Suitable For Investor Type

	Zerodha	Master Trust
Casual Investor
Active Investor
Trader

Zerodha Vs Master Trust - Pros and Cons

	Zerodha	Master Trust
Pros	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Excellent trading platforms (Kite) available for free. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Brokerage is 0.03% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges. Direct Mutual Fund Investment is available. Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX. Zerodha Referral Program offers 10% broekrage share to clients you refer. Good Till Triggered (GTT) order are available. These are simillar to GTC orders.	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.
Cons	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra ₹50 order. Auto Square off is charged at extra ₹50 order. Doesn't offer 3-in-1 account. Doesn't offer unlimited trading plans. Doesn't offer AMC Free Demat account.
Reviews
Promo / Offers	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
	Enquire Zerodha	Enquire Master Trust