India Infoline (IIFL) vs MasterTrust

India Infoline (IIFL) vs MasterTrust - side-by-side comparison . Compare India Infoline (IIFL) vs MasterTrust brokerage, charges, exposure margin, demat account. Read India Infoline (IIFL) vs MasterTrust review.

Detailed comparison India Infoline (IIFL) vs MasterTrust and find out which is better in India Infoline (IIFL) vs MasterTrust .

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India Infoline (IIFL)

MasterTrust

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

India Infoline Limited Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Account Opening Fee ₹750 ₹555 ₹555
Demat Account Opening Fee ₹555 NIL NIL
Demat Account AMC * ₹400 ₹400 ₹400
Trading Account AMC ₹0 NIL NIL

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

India Infoline Limited Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Equity Delivery 0.50% ₹10 per executed order ₹0
Equity Intraday 0.05% ₹10 per executed order ₹0
Equity Future 0.05% ₹10 per executed order ₹0
Equity Options 1% of premium or ₹100 per lot
(whichever is high)
₹10 per executed order ₹0
Currency Futures ₹25 per lot ₹10 per executed order ₹0
Currency Options 1% of premium or ₹100 per lot
(whichever is high)
₹10 per executed order ₹0
Monthly Fee NA NULL ₹1000
Commodity 0.05% - -

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India Infoline Limited Master Capital Services Ltd.
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

India Infoline Limited Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Equity Delivery ₹325 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Intraday ₹325 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Future * ₹210 NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150
Equity Options * ₹5100 NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500
Currency Futures * ₹210 NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100
Currency Options ₹5100 NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

India Infoline Limited Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Minimum Brokerage ₹0.05 per share ₹0 ₹0
Call & Trade ₹50 per call Null Null
Stamp Duty * Charges as per the state of residence Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% (minimum ₹25 per debit transaction) Null Null
Other Miscellaneous Charges - - -

Features

Key features offered by the brokers.

India Infoline Limited Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Platform Trader terminal and IIFL Markets App OMNESYS NEST- Desktop, Mobile and Web OMNESYS NEST- Desktop, Mobile and Web
Placing orders through charts No - -
Trading Alerts No Yes Yes
Research and Advice / Trading Tips Yes Yes Yes
Detailed Education Initiatives Yes Yes Yes
Unique features & Offers Market mantra, IIFL calls, Loyalty points - -
Referral Program NA - -

Demat Account Charges

Find charges for the best Demat Account for small investors

India Infoline Limited Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Depository Service Provider CDSL and NSDL CDSL CDSL
Account Opening Fee

₹555

NIL NIL
Advance Deposit

Nil

₹2500/- for Scheme A ₹555/- for Scheme LF (For Individuals ony) for Lime time AMC Free. ₹800/- for scheme 800 ₹2500/- for Scheme A ₹555/- for Scheme LF (For Individuals ony) for Lime time AMC Free. ₹800/- for scheme 800
AMC

₹400 + GST

Scheme A - NIL Scheme - B Ist Year ₹200/- p.a (Payable at the begining of the year. ₹300/- p.a on renewal. Scheme LF - NIL Scheme BSDA - NIL Scheme 800 - ₹800/- per annum Scheme A - NIL Scheme - B Ist Year ₹200/- p.a (Payable at the begining of the year. ₹300/- p.a on renewal. Scheme LF - NIL Scheme BSDA - NIL Scheme 800 - ₹800/- per annum
Dematerialisation Charges

₹15 per certificate + ₹40 as postal charges

₹20/- per request plus ₹3/- per certificate for Scheme A, B, LF and Scheme 800. ₹50/- per request plus ₹10/- per certificate for Scheme BSDA. ₹20/- per request plus ₹3/- per certificate for Scheme A, B, LF and Scheme 800. ₹50/- per request plus ₹10/- per certificate for Scheme BSDA.
Rematerialisation Charges

₹15 per certificate or ₹15 for every 100 securities or part thereof whichever is higher + ₹40 for courier

₹25 per certificate or 0.05% of the value of the transaction whichever is higher + Depository charges at actual ₹25 per certificate or 0.05% of the value of the transaction whichever is higher + Depository charges at actual
Transaction Charges (Credit) - - -
Transaction Charges (debit)

0.04% of the value of the transaction, subject to min ₹25 per instruction

₹15 within DP / ₹25 Outside DP ₹15 within DP / ₹25 Outside DP
Pledge Creation Charges

₹50

0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual 0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual
Pledge Creation Confirmation Charges

Nil

NIL NIL
Pledge Invocation Charges

Nil

0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual 0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual
Failed Instruction Charges

Nil

₹20/- per instruction ₹20/- per instruction
Other Charges

Nil

Re-Issuance of DIS Booklet ₹10/- cotaining 10 leaves. Non periodic statement and other communication charged @ ₹20/- per mail Additional Statement of Holding/ Transaction: ₹2/- per page + postage In case of demat rejection postage shall be charged @ ₹30/- for dispatch to the client for removal of objection. Any modification in client master will be charged @ ₹20/- per modification. In Re-Issuance of DIS Booklet ₹10/- cotaining 10 leaves. Non periodic statement and other communication charged @ ₹20/- per mail Additional Statement of Holding/ Transaction: ₹2/- per page + postage In case of demat rejection postage shall be charged @ ₹30/- for dispatch to the client for removal of objection. Any modification in client master will be charged @ ₹20/- per modification. In

Basic Details

Basic Details of Brokers

India Infoline Limited Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Year of Incorporation 1995 1985 1985
Active Exchange Memberships NSE, BSE, MCX, and NCDEX BSE, NSE, MCX BSE, NSE, MCX
Demat Services NSDL & CDSL NSDL & CDSL NSDL & CDSL
Website https://www.indiainfoline.com www.mastertrust.co.in www.mastertrust.co.in
Contact Details 022-400710000 0120-6223333 0120-6223333
Total Number of Clients 2,30,000+ 39,002 39,002
Total Number of Branches 900 cities - -

Charts and Data

Charts and Data

India Infoline Limited Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Live data source Yes BSE, NSE BSE, NSE
Advanced Charting tools Yes Yes Yes
Multi-Chart Setup No - -
No.of indicators 99 100+ 100+
No.of charts can be opened 1 - -
Live Scanners No Yes Yes
Customizable screeners No - -
Trading from charts No - -
Compare Symbol performance on Chart No - -
Options charts Yes - -
Continuous futures charts Yes - -
Intraday historical data for charts 20 days - -
End of Day historical data for charts 10 years - -
Corporate action adjusted charts No - -
Back Testing No - -
Options Chain Yes Yes Yes
Heat Maps Yes - -
Analytics No - -
Price Ladder No - -

Leverage

Leverage

India Infoline Limited Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Equity Delivery - - -
Equity Intraday - - -
Equity Futures - - -
Equity Options - - -
Currency Futures - - -
Currency Options - - -
Commodity Futures - - -
Commodity Options - - -

Orders

Orders

India Infoline Limited Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Cover Orders (CO) Yes Yes Yes
Bracket orders / One Cancels Other (BO / OCO) No - -
After Market Orders (AMO) Yes Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

India Infoline Limited Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Availability for franchisee / AP Yes Yes Yes
Investment required for Franchisee / AP Rs.75,000 to Rs.2,00,000 - -

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India Infoline Limited Master Capital Services Ltd.
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