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

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

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

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Zerodha Vs Master Trust

  Zerodha Master Trust
Find more info about broker
Zerodha Logo Master Capital Services Ltd Logo
About the Broker Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o... Know more about Zerodha 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 Discount Broker Discount Broker
Supported Exchnage NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Account Type Flat Brokerage Plan Per Order Executed
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.
Year of Incorporation 2010
Number of Branches 22
Enquire Zerodha Enquire Master Trust
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Zerodha Vs Master Trust Charges

  Zerodha Master Trust
Trading Account Opening Fees ₹200 ₹555
Trading Account AMC ₹0 (Free) Nil
Demat Account Opening Fees ₹0 Nil
Demat Account AMC ₹300 ₹400
Demat Account is Mandatory? No No
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Zerodha Vs Master Trust Brokerage

Brokerage Plan 1

  Zerodha Master Trust
Account Type Flat Brokerage Plan Per Order Executed
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) ₹10 per executed order
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower ₹10 per executed order
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower ₹10 per executed order
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹10 per executed order
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹10 per executed order
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹10 per executed order
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹10 per executed order
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Flat ₹20 Intra-day and F&O trades. Get the offer

Brokerage Plan 2

  Zerodha Master Trust
Account Type Flat Brokerage Plan Fixed Monthly Plan
Fixed Charges ₹1000
Equity Delivery Brokerage ₹0 (Free) ₹0
Equity Intraday Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Equity Futures Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Equity Options Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Currency Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Currency Options Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Commodity Futures Trading Brokerage ₹20 per executed order or .01% whichever is lower ₹0
Commodity Options Trading Brokerage ₹20 per executed order or .01% whichever is lower

Other Charges

Minimum Brokerage Charges ₹0 ₹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 Taxes

  Zerodha 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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Zerodha Vs Master Trust Transaction Charges

  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%) 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 ₹70 per Cr (0.0007%) | 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 Exposure Margin

  Zerodha Master Trust
Equity Delivery 1x (no margin)
Equity Intraday Up to 20x (based on the stock)
Equity Futures Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
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)
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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Zerodha and Master Trust Feature Comparison

  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 Android/iOS, Pi, Coin, Kite mobile OMNESYS NEST
Intraday Square-off Time 3:10 PM
Other Features Direct Mutual Funds, APIs
Referral Program Yes
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Zerodha Vs Master Trust Review

  Zerodha Master Trust
  369 Customer Reviews    Rate Zerodha 9 Customer Reviews    Rate Master Trust
Fees 3.8 3.4
Trading Brokerage 4.3 4.4
Trading Platform Usability 3.6 3.8
Customer Service 3.5 3.8
Research Capabilities 2.0
Overall Ratings Rated 3.7 stars Rated 3.8 stars
Broker Rating Zerodha is Rated 3.7 / 5 based on 369 customer reviews Master Trust is Rated 3.8 / 5 based on 9 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 Customer Service

  Zerodha Master Trust
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches No No
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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) Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No
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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 - Advantages and Disadvantages

  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 0.01% 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.

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
  • 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.

More Disadvantages...

More Disadvantages...

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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