Religare vs MasterTrust

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

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

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Religare

MasterTrust

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Religare Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Account Opening Fee ₹500 ₹555 ₹555
Demat Account Opening Fee ₹0 NIL NIL
Demat Account AMC * ₹400 (Free for 1st year) ₹400 ₹400
Trading Account AMC ₹0 NIL NIL

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Religare 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 ₹70 per lot ₹10 per executed order ₹0
Currency Futures 0.05% ₹10 per executed order ₹0
Currency Options ₹30 per lot ₹10 per executed order ₹0
Monthly Fee NA NULL ₹1000
Commodity 0.05% - -

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

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

Religare Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Equity Delivery ₹370 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Intraday ₹370 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325
Equity Future * ₹400 NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150
Equity Options * ₹6000 NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500
Currency Futures * ₹400 NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100
Currency Options ₹6000 NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000

Other Charges

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

Religare Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Minimum Brokerage ₹10 per executed order (max Rs 50 per day) ₹0 ₹0
Call & Trade ₹10 per executed order (max Rs 50 per day) 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) ₹12 + ₹5.5 (CDSL) per scrip Null Null
Other Miscellaneous Charges - - -

Features

Key features offered by the brokers.

Religare Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Platform Odin Diet web, desktop and mobile 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 No Yes Yes
Unique features & Offers MF and EMI calculators - -
Referral Program NA - -

Demat Account Charges

Find charges for the best Demat Account for small investors

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

NIL

NIL NIL
Advance Deposit

₹500

₹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

Client opting for digital statement: ₹300 per annum

Client opting for physical statement: ₹400 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 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

₹2 per certificate + ₹30 Courier 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

₹20 per certificate + CDSL Charges + ₹30 Courier 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
Transaction Charges (Credit) - - -
Transaction Charges (debit)

Delivery given to Religare Pool Account: ₹15 (Client with POA Religare), ₹25 (Client without POA Religare)

Any other Account: ₹30 per debit or 0.02% of the value of transaction whichever is higher

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

₹50 per request or 0.02% of the value of securities whichever is higher

₹50 per request or 0.02% of the value of securities whichever is higher

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

₹50 per request or 0.02% of the value of securities whichever is higher

NIL NIL
Pledge Invocation Charges

₹50 per request or 0.02% of the value of securities whichever is higher

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

Demat Rejection Charges ₹30 per rejection.

Delivery Instruction Booklet ₹1 per leaflet.

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

Religare Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Year of Incorporation 1986 1985 1985
Active Exchange Memberships NSE, BSE, MCX, NCDEX BSE, NSE, MCX BSE, NSE, MCX
Demat Services NSDL & CDSL NSDL & CDSL NSDL & CDSL
Website https://www.religareonline.com www.mastertrust.co.in www.mastertrust.co.in
Contact Details 011-39125000 0120-6223333 0120-6223333
Total Number of Clients 1,54,300+ 39,002 39,002
Total Number of Branches 1500+ - -

Charts and Data

Charts and Data

Religare Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Live data source NSE, BSE, MCX BSE, NSE BSE, NSE
Advanced Charting tools No Yes Yes
Multi-Chart Setup Yes - -
No.of indicators 30 100+ 100+
No.of charts can be opened 2 - -
Live Scanners Yes 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 10 days - -
End of Day historical data for charts 5 years - -
Corporate action adjusted charts No - -
Back Testing No - -
Options Chain Yes Yes Yes
Heat Maps Yes - -
Analytics No - -
Price Ladder No - -

Leverage

Leverage

Religare 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

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

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Religare 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. 2 lakh (for commodity, the charges are Rs 1-2 lakh) - -

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Religare Master Capital Services Ltd.
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