Master Trust vs Alice Blue Comparison: 2024

About Master Trust

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: Overview

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 &

About Alice Blue

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.

Alice Blue: Overview

Founded by Sidhavelayutham M. in Bangalore who is now CEO of the company introduced the concept of professional marketing of broking services

Master Trust vs Alice Blue Account Opening Charges: 2024

ChargeMaster TrustAlice Blue
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹100Equity ₹310, MCX ₹200 & ₹500 All segments
Trading Account AMC₹0₹0
Demat Account AMC₹300 per year₹400

Master Trust vs Alice Blue Brokerage Charges and Plans : 2024

ChargeMaster TrustAlice Blue
Plan Name20:20 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 FundN/AN/A

Master Trust vs Alice Blue Margin / Exposure: 2024

SegmentMaster TrustAlice Blue
Equity Delivery1x for 20:20 brokerage plan; Upto 4.5x for Standard PlanIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity IntradayUpto 6xIntraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity FutureUpto 4xIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity OptionsUpto 5xIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency FutureUpto 3xIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency OptionsUpto 3xIntraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity FutureUpto 1xIntraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity OptionsUpto 1xN/A

Master Trust vs Alice Blue Currency Charges and Plans: 2024

Master Trust charge ₹20 per executed order for Currency Futures and ₹20 per executed order for Currency Options whereas Alice Blue Charges ₹15 per order or 0.01% whichever is lower for Currency futures and ₹15 per order for Currency options.

Master Trust vs Alice Blue Commodity Charges and Plans: 2024

Master Trust charge ₹20 per executed order for commodity and Alice Blue charge Future: ₹15 per order or 0.01% whichever is lower and Options: ₹15 per order for commodity.
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