MasterTrust vs Bonanza

MasterTrust vs Bonanza - side-by-side comparison . Compare MasterTrust vs Bonanza brokerage, charges, exposure margin, demat account. Read MasterTrust vs Bonanza review.

Detailed comparison MasterTrust vs Bonanza and find out which is better in MasterTrust vs Bonanza .

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MasterTrust

Bonanza

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Master Capital Services Ltd. Bonanza Portfolio Ltd
Per Order Executed Fixed Monthly Plan Standard Plan
Trading Account Opening Fee ₹555 ₹555 ₹0
Demat Account Opening Fee NIL NIL ₹0
Demat Account AMC * ₹400 ₹400 ₹250
Trading Account AMC NIL NIL ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Master Capital Services Ltd. Bonanza Portfolio Ltd
Per Order Executed Fixed Monthly Plan Standard Plan
Equity Delivery ₹10 per executed order ₹0 0.10%
Equity Intraday ₹10 per executed order ₹0 0.005%
Equity Future ₹10 per executed order ₹0 0.005%
Equity Options ₹10 per executed order ₹0 ₹15 per lot
Currency Futures ₹10 per executed order ₹0 0.0025%
Currency Options ₹10 per executed order ₹0 ₹5 per lot
Monthly Fee NULL ₹1000 NA
Commodity - - 0.004%

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Master Capital Services Ltd. Bonanza Portfolio Ltd
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Transaction Charges (Per Crore)

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

Master Capital Services Ltd. Bonanza Portfolio Ltd
Per Order Executed Fixed Monthly Plan Standard Plan
Equity Delivery NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹275
Equity Intraday NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹275
Equity Future * NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150 NSE ₹190 | BSE ₹50
Equity Options * NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500 NSE ₹5000 | BSE ₹2500
Currency Futures * NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100 NSE ₹110 | BSE ₹4
Currency Options NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000 NSE ₹4000 | BSE ₹4

Other Charges

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

Master Capital Services Ltd. Bonanza Portfolio Ltd
Per Order Executed Fixed Monthly Plan Standard Plan
Minimum Brokerage ₹0 ₹0 Intraday- 0.00312% and Delivery - 0.025%
Call & Trade Null Null ₹25 per trade
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) Null Null ₹15 per scrip
Other Miscellaneous Charges - - -

Features

Key features offered by the brokers.

Master Capital Services Ltd. Bonanza Portfolio Ltd
Per Order Executed Fixed Monthly Plan Standard Plan
Trading Platform OMNESYS NEST- Desktop, Mobile and Web OMNESYS NEST- Desktop, Mobile and Web Omnesys NEST Trader, ODIN Diet
Placing orders through charts - - -
Trading Alerts Yes Yes Yes
Research and Advice / Trading Tips Yes Yes Yes
Detailed Education Initiatives Yes Yes No
Unique features & Offers - - -
Referral Program - - -

Demat Account Charges

Find charges for the best Demat Account for small investors

Master Capital Services Ltd. Bonanza Portfolio Ltd
Per Order Executed Fixed Monthly Plan Standard Plan
Depository Service Provider CDSL CDSL CDSL & NSDL
Account Opening Fee NIL NIL

₹0

Advance Deposit ₹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 Free Scheme (999 Scheme): ₹999 one time

AMC 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

Individual Account: ₹250 p.a.

Corporate Account: ₹1000 p.a.

Lifetime DP charges (including AMC & A/C opening): ₹999 one time

Dematerialisation 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.

Normal Scheme: ₹3 per certificate plus courier charges extra

999 scheme: ₹25 per certificate plus courier charges extra

Rematerialisation Charges ₹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

₹15 per 100 securities or part therof or ₹15 per certificate whichever is higher

Transaction Charges (Credit) - - -
Transaction Charges (debit) ₹15 within DP / ₹25 Outside DP ₹15 within DP / ₹25 Outside DP

₹12

Pledge Creation Charges 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

₹35

Pledge Creation Confirmation Charges NIL NIL

₹35

Pledge Invocation Charges 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

₹35

Failed Instruction Charges ₹20/- per instruction ₹20/- per instruction

Nil

Other Charges 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

Late Transaction: ₹10 per transaction in all schcmes except 999. ₹25 per transaction in 999

Dishonoured cheque: ₹100 per Instance. In 999 scheme ₹200 per instance.

Additional statment of a/c ₹25 & ₹50 qtr.& ann. respectively.

Extra DIS book: ₹35 ₹50 for 999 scheme.

Lost DIS book: ₹70 ₹100 for 999 scheme.

Basic Details

Basic Details of Brokers

Master Capital Services Ltd. Bonanza Portfolio Ltd
Per Order Executed Fixed Monthly Plan Standard Plan
Year of Incorporation 1985 1985 1994
Active Exchange Memberships BSE, NSE, MCX BSE, NSE, MCX NSE, BSE, MCX and NCDEX
Demat Services NSDL & CDSL NSDL & CDSL CDSL & NSDL
Website www.mastertrust.co.in www.mastertrust.co.in https://www.bonanzaonline.com/
Contact Details 0120-6223333 0120-6223333 1800-2666655
Total Number of Clients 39,002 39,002 34,600+
Total Number of Branches - - 580 cities

Charts and Data

Charts and Data

Master Capital Services Ltd. Bonanza Portfolio Ltd
Per Order Executed Fixed Monthly Plan Standard Plan
Live data source BSE, NSE BSE, NSE NSE, BSE, MCX and NCDEX
Advanced Charting tools Yes Yes Yes
Multi-Chart Setup - - -
No.of indicators 100+ 100+ 17+
No.of charts can be opened - - -
Live Scanners Yes Yes Yes
Customizable screeners - - Yes
Trading from charts - - -
Compare Symbol performance on Chart - - -
Options charts - - Yes
Continuous futures charts - - -
Intraday historical data for charts - - Yes
End of Day historical data for charts - - Yes
Corporate action adjusted charts - - Yes
Back Testing - - Yes
Options Chain Yes Yes Yes
Heat Maps - - -
Analytics - - -
Price Ladder - - -

Leverage

Leverage

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

Orders

Orders

Master Capital Services Ltd. Bonanza Portfolio Ltd
Per Order Executed Fixed Monthly Plan Standard Plan
Cover Orders (CO) Yes Yes NO
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

Master Capital Services Ltd. Bonanza Portfolio Ltd
Per Order Executed Fixed Monthly Plan Standard Plan
Availability for franchisee / AP Yes Yes Yes
Investment required for Franchisee / AP - - -

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Master Capital Services Ltd. Bonanza Portfolio Ltd
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