Zerodha Vs Master Trust (Compare Zerodha and Master Trust)

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


Zerodha
Zerodha is India's largest and most popular stock broker. It offers online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges ₹0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat ₹20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is ₹20 for an order (of any size, amount or segment). Zerodha Review 2020 Zero... 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
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 Open an Online Trading Account with Zerodha. 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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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
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Zerodha Vs Master Trust Brokerage Charges & Plans

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
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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 ₹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
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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
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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
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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 Available 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 3:10 PM
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 390 customer reviews whereas Master Trust is rated 3.7 of 5 based on 10 customer reviews.

  Zerodha Master Trust
  390 Customer Reviews    Rate Zerodha 10 Customer Reviews    Rate Master Trust
Fees 3.8 3.5
Trading Brokerage 4.3 4.3
Trading Platform Usability 3.6 3.8
Customer Service 3.4 3.7
Research Capabilities 2.7 4.0
Overall Ratings Rated 3.7 stars Rated 3.7 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 390 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

  Zerodha Enquire Master Trust Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

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
Initial Public Offers (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 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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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
Active Investor Yes
Trader Yes Yes
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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.
  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
  • 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.

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