Zerodha vs MasterTrust

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

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

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Zerodha

MasterTrust

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

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

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

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

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

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

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

Other Charges

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

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

Features

Key features offered by the brokers.

Zerodha Master Capital Services Ltd.
Standard Plan Per Order Executed Fixed Monthly Plan
Trading Platform Pi, Kite, NEST OMNESYS NEST- Desktop, Mobile and Web OMNESYS NEST- Desktop, Mobile and Web
Placing orders through charts Yes - -
Trading Alerts Yes Yes Yes
Research and Advice / Trading Tips No Yes Yes
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

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

₹50 (POA Charges)

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

₹300 - Individual, ₹1000 - Non Individual

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

₹150 per certificate (+ ₹100 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

₹150 per certificate + CDSL charges + ₹100 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)

On market: ₹8+5.5 (CDSL charges)

Off market: 0.03% of ₹25 whichever is higher

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

₹20 + ₹12 per request (CDSL 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
Pledge Creation Confirmation Charges

Nil

NIL NIL
Pledge Invocation Charges

₹20

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

₹50 per instruction

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

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.

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

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

Charts and Data

Charts and Data

Zerodha 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 Yes - -
No.of indicators 111 100+ 100+
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

Zerodha 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

Zerodha 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) Yes - -
After Market Orders (AMO) Yes Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Zerodha 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.11,000 - -

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Zerodha Master Capital Services Ltd.
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