MasterTrust vs Zerodha

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

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

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MasterTrust

Zerodha

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Master Capital Services Ltd. Zerodha
Per Order Executed Fixed Monthly Plan Standard Plan
Trading Account Opening Fee ₹555 ₹555 ₹200
Demat Account Opening Fee NIL NIL ₹0
Demat Account AMC * ₹400 ₹400 ₹300
Trading Account AMC NIL NIL ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Master Capital Services Ltd. Zerodha
Per Order Executed Fixed Monthly Plan Standard Plan
Equity Delivery ₹10 per executed order ₹0 ₹0
Equity Intraday ₹10 per executed order ₹0 ₹20 or .01% whichever is lower
Equity Future ₹10 per executed order ₹0 ₹20 or .01% whichever is lower
Equity Options ₹10 per executed order ₹0 ₹20 or .01% whichever is lower
Currency Futures ₹10 per executed order ₹0 ₹20 or .01% whichever is lower
Currency Options ₹10 per executed order ₹0 ₹20 or .01% whichever is lower
Monthly Fee NULL ₹1000 NA
Commodity - - ₹20 or .01% whichever is lower

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Master Capital Services Ltd. Zerodha
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Transaction Charges (Per Crore)

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

Master Capital Services Ltd. Zerodha
Per Order Executed Fixed Monthly Plan Standard Plan
Equity Delivery NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹300
Equity Intraday NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹300
Equity Future * NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150 NSE ₹190
Equity Options * NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500 NSE ₹5000
Currency Futures * NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100 NSE ₹90 | BSE ₹22
Currency Options NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000 NSE ₹70 | BSE ₹100

Other Charges

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

Master Capital Services Ltd. Zerodha
Per Order Executed Fixed Monthly Plan Standard Plan
Minimum Brokerage ₹0 ₹0 NIL
Call & Trade Null Null ₹20 per executed order
Stamp Duty * Charges as per the state of residence Charges as per the state of residence State-wise
DP Charges (on sell side) Null Null ₹13.5 per scrip
Other Miscellaneous Charges - - -

Features

Key features offered by the brokers.

Master Capital Services Ltd. Zerodha
Per Order Executed Fixed Monthly Plan Standard Plan
Trading Platform OMNESYS NEST- Desktop, Mobile and Web OMNESYS NEST- Desktop, Mobile and Web Pi, Kite, NEST
Placing orders through charts - - Yes
Trading Alerts Yes Yes Yes
Research and Advice / Trading Tips Yes Yes No
Detailed Education Initiatives Yes Yes Yes
Unique features & Offers - - Direct MFs, APIs
Referral Program - - One month free offer to any one of their paid services

Demat Account Charges

Find charges for the best Demat Account for small investors

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

₹50 (POA Charges)

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

₹300 - Individual, ₹1000 - Non Individual

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.

₹150 per certificate (+ ₹100 Courier charges)

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

₹150 per certificate + CDSL charges + ₹100 Courier charges

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

On market: ₹8+5.5 (CDSL charges)

Off market: 0.03% of ₹25 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

₹20 + ₹12 per request (CDSL charges)

Pledge Creation Confirmation Charges NIL NIL

Nil

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

₹20

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

₹50 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

Cheque Bounce- ₹350

Physical Statement - ₹50 (Courier charges)

Modification in CML - ₹25 per request

KRA Upload / Download - ₹50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Basic Details

Basic Details of Brokers

Master Capital Services Ltd. Zerodha
Per Order Executed Fixed Monthly Plan Standard Plan
Year of Incorporation 1985 1985 2010
Active Exchange Memberships BSE, NSE, MCX BSE, NSE, MCX NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL & CDSL CDSL - Zerodha Securities Pvt Ltd
Website www.mastertrust.co.in www.mastertrust.co.in http://www.zerodha.com
Contact Details 0120-6223333 0120-6223333 080-40402020
Total Number of Clients 39,002 39,002 8,00,000+
Total Number of Branches - - 22

Charts and Data

Charts and Data

Master Capital Services Ltd. Zerodha
Per Order Executed Fixed Monthly Plan Standard Plan
Live data source BSE, NSE BSE, NSE Yes
Advanced Charting tools Yes Yes Yes
Multi-Chart Setup - - Yes
No.of indicators 100+ 100+ 111
No.of charts can be opened - - 13
Live Scanners Yes Yes Yes
Customizable screeners - - Yes
Trading from charts - - Yes
Compare Symbol performance on Chart - - No
Options charts - - Yes
Continuous futures charts - - Yes
Intraday historical data for charts - - 365 days on Pi
End of Day historical data for charts - - 10 years on Pi
Corporate action adjusted charts - - No
Back Testing - - No
Options Chain Yes Yes Yes
Heat Maps - - Yes
Analytics - - Yes
Price Ladder - - No

Leverage

Leverage

Master Capital Services Ltd. Zerodha
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. Zerodha
Per Order Executed Fixed Monthly Plan Standard Plan
Cover Orders (CO) Yes Yes Yes
Bracket orders / One Cancels Other (BO / OCO) - - Yes
After Market Orders (AMO) Yes Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Master Capital Services Ltd. Zerodha
Per Order Executed Fixed Monthly Plan Standard Plan
Availability for franchisee / AP Yes Yes Yes
Investment required for Franchisee / AP - - Rs.11,000

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Master Capital Services Ltd. Zerodha
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