One of the popular financial services in the country happens to be Master Trust. Its core beliefs are nurtured towards investment, attitude and sound & philosophical investment approach eloping in the investment universe. The company has a considerable track record for over two decades. Ever since its inception, the company has grown strong with 650+ employees and served over 1,50,000+ clients to date.
Master Trust is a discount brokerage company which is a subsidiary of Master Capital Services Pvt Ltd. Due to the efforts pulled in by Mr Harjeet Singh and Mr R. K. Singhania, the company was founded in 1994. Currently, the company is located at the financial capital of India, Mumbai.
In 1994, the company acquired its membership of NSE. After which it attained its membership in various depository and exchanges services such as NSDL & CSDL. Furthermore, the stockbroker opened gateways to trade with MCX-SX &
A Bangalore based discount broker, Alice Blue is working hard to get ahead in the list of discount brokers in India. Of course, it isn't that easy to maintain a stronghold amid other key players in the stock broker world. However, it's brokerage free equity delivery model is catching the attention of potential traders.
Alice Blue is an online stockbroker and one of the oldest stockbrokers in the Indian capital market. This modern, technology-driven firm was incorporated in 2006 with the vision to provide advanced broking services to its clients and stakeholders. The USP of Alice Blue is the cost-free broking solutions they provide. With zero trading charges and dedicated customer support services, Alice Blue Stock Broking firm stands out in the Stock market as exemplary.
Founded by Sidhavelayutham M. in Bangalore who is now CEO of the company introduced the concept of professional marketing of broking services
Charge | Master Trust | Alice Blue |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹100 | Equity ₹310, MCX ₹200 & ₹500 All segments |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 per year | ₹400 |
Charge | Master Trust | Alice Blue |
---|---|---|
Plan Name | 20:20 Plan | Freedom 15 Plan |
Equity Delivery | ₹0 | ₹0 |
Equity Intraday | ₹20 per executed order | ₹15 per order or 0.01% whichever is lower |
Equity Futures | ₹20 per executed order | ₹15 per order or 0.01% whichever is lower |
Equity Options | ₹20 per executed order | ₹15 per order |
Currency Futures | ₹20 per executed order | ₹15 per order or 0.01% whichever is lower |
Currency Options | ₹20 per executed order | ₹15 per order |
Commodity Options | ₹20 per executed order | Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order |
Mutual Fund | N/A | N/A |
Segment | Master Trust | Alice Blue |
---|---|---|
Equity Delivery | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Intraday | Upto 6x | Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x |
Equity Future | Upto 4x | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Equity Options | Upto 5x | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Currency Future | Upto 3x | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Currency Options | Upto 3x | Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x |
Commodity Future | Upto 1x | Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x |
Commodity Options | Upto 1x | N/A |