MasterTrust vs Indiabulls

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

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

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MasterTrust

Indiabulls

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Master Capital Services Ltd. Indiabulls Ventures Limited
Per Order Executed Fixed Monthly Plan Power Indiabulls
Trading Account Opening Fee ₹555 ₹555 ₹750
Demat Account Opening Fee NIL NIL ₹0
Demat Account AMC * ₹400 ₹400 ₹450
Trading Account AMC NIL NIL ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Master Capital Services Ltd. Indiabulls Ventures Limited
Per Order Executed Fixed Monthly Plan Power Indiabulls
Equity Delivery ₹10 per executed order ₹0 0.30%
Equity Intraday ₹10 per executed order ₹0 0.03%
Equity Future ₹10 per executed order ₹0 0.03%
Equity Options ₹10 per executed order ₹0 ₹100 per lot
Currency Futures ₹10 per executed order ₹0 0.03%
Currency Options ₹10 per executed order ₹0 ₹100 per lot
Monthly Fee NULL ₹1000 NA
Commodity - - 0.03%

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Master Capital Services Ltd. Indiabulls Ventures Limited
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Transaction Charges (Per Crore)

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

Master Capital Services Ltd. Indiabulls Ventures Limited
Per Order Executed Fixed Monthly Plan Power Indiabulls
Equity Delivery NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325 ₹325
Equity Intraday NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325 ₹325
Equity Future * NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150 ₹250
Equity Options * NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500 ₹5500
Currency Futures * NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100 ₹210
Currency Options NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000 ₹5100

Other Charges

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

Master Capital Services Ltd. Indiabulls Ventures Limited
Per Order Executed Fixed Monthly Plan Power Indiabulls
Minimum Brokerage ₹0 ₹0 3 Paisa per share
Call & Trade 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) Null Null ₹10 per transaction or 0.02% of the transaction value (whichever is higher)
Other Miscellaneous Charges - - -

Features

Key features offered by the brokers.

Master Capital Services Ltd. Indiabulls Ventures Limited
Per Order Executed Fixed Monthly Plan Power Indiabulls
Trading Platform OMNESYS NEST- Desktop, Mobile and Web OMNESYS NEST- Desktop, Mobile and Web Power Indiabulls
Placing orders through charts - - No
Trading Alerts Yes Yes No
Research and Advice / Trading Tips Yes Yes Yes
Detailed Education Initiatives Yes Yes No
Unique features & Offers - - Live news, World market summary
Referral Program - - No

Demat Account Charges

Find charges for the best Demat Account for small investors

Master Capital Services Ltd. Indiabulls Ventures Limited
Per Order Executed Fixed Monthly Plan Power Indiabulls
Depository Service Provider CDSL CDSL CDSL
Account Opening Fee NIL NIL

Nil

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

Nil

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

₹450 p.a.

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.

₹1 per Certificate (max ₹250 )+ ₹25 for courier

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

Fee of Rs 15 for every 100 securities/MF Units or Flat fee of Rs 15 per cert/unit, whichever is higher

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

On-Market ₹10 Flat, For NRI/OCB ₹15 or .02% of the transaction value (whichever is higher)

Off-Market ₹15 or .02% of the transaction value (whichever is higher).

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

₹25 or .02% of the transaction value(whichever is higher)

Pledge Creation Confirmation Charges NIL NIL

₹25 or .02% of the transaction value(whichever is higher)

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

₹25 or .02% of the transaction value(whichever is higher)

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

₹20 Per Instruction

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

Fax Indemnity - Actual

Demat Rejection - ₹20 + Courier Charges

Renewal charges for resuming the Services - ₹100 per account.

Basic Details

Basic Details of Brokers

Master Capital Services Ltd. Indiabulls Ventures Limited
Per Order Executed Fixed Monthly Plan Power Indiabulls
Year of Incorporation 1985 1985 2000
Active Exchange Memberships BSE, NSE, MCX BSE, NSE, MCX NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL & CDSL NSDL & CDSL
Website www.mastertrust.co.in www.mastertrust.co.in https://trade.indiabulls.com/
Contact Details 0120-6223333 0120-6223333 0124-4572444
Total Number of Clients 39,002 39,002 48,000+
Total Number of Branches - - In 22 cities

Charts and Data

Charts and Data

Master Capital Services Ltd. Indiabulls Ventures Limited
Per Order Executed Fixed Monthly Plan Power Indiabulls
Live data source BSE, NSE BSE, NSE Yes
Advanced Charting tools Yes Yes No
Multi-Chart Setup - - Yes
No.of indicators 100+ 100+ 30
No.of charts can be opened - - 2
Live Scanners Yes Yes No
Customizable screeners - - No
Trading from charts - - No
Compare Symbol performance on Chart - - No
Options charts - - No
Continuous futures charts - - No
Intraday historical data for charts - - 15 days
End of Day historical data for charts - - 7 years
Corporate action adjusted charts - - No
Back Testing - - No
Options Chain Yes Yes No
Heat Maps - - No
Analytics - - No
Price Ladder - - No

Leverage

Leverage

Master Capital Services Ltd. Indiabulls Ventures Limited
Per Order Executed Fixed Monthly Plan Power Indiabulls
Equity Delivery - - Upto 4x with 16% interest per year
Equity Intraday - - Upto 10x
Equity Futures - - Upto 3x
Equity Options - - Upto 3x for shorting
Currency Futures - - Nil
Currency Options - - Nil
Commodity Futures - - Upto 3x
Commodity Options - - Nil

Orders

Orders

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

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Master Capital Services Ltd. Indiabulls Ventures Limited
Per Order Executed Fixed Monthly Plan Power Indiabulls
Availability for franchisee / AP Yes Yes No
Investment required for Franchisee / AP - - NA

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Master Capital Services Ltd. Indiabulls Ventures Limited
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