Master Trust vs Anand Rathi 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 Anand Rathi
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
Anand Rathi: An Overview
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
Master Trust vs Anand Rathi Account Opening Charges: 2024
| Charge | Master Trust | Anand Rathi |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹550 (One time) |
| Trading Acc Opening Charges | ₹100 | ₹750 (One time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 per year | ₹299 from second year onward |
Master Trust vs Anand Rathi Brokerage Charges and Plans : 2024
| Charge | Master Trust | Anand Rathi |
|---|---|---|
| Plan Name | 20:20 Plan | Standard Plan |
| Equity Delivery | ₹0 | 0.5% - 0.15% |
| Equity Intraday | ₹20 per executed order | 0.05% -0.015% |
| Equity Futures | ₹20 per executed order | 0.05% -0.015% |
| Equity Options | ₹20 per executed order | ₹75 to ₹20 |
| Currency Futures | ₹20 per executed order | 0.05% -0.015% |
| Currency Options | ₹20 per executed order | ₹75 to ₹20 |
| Commodity Options | ₹20 per executed order | 0.008% - 0.05% |
| Mutual Fund | N/A | N/A |
Master Trust vs Anand Rathi Margin / Exposure: 2024
| Segment | Master Trust | Anand Rathi |
|---|---|---|
| Equity Delivery | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan | N/A |
| Equity Intraday | Upto 6x | N/A |
| Equity Future | Upto 4x | N/A |
| Equity Options | Upto 5x | N/A |
| Currency Future | Upto 3x | N/A |
| Currency Options | Upto 3x | N/A |
| Commodity Future | Upto 1x | N/A |
| Commodity Options | Upto 1x | N/A |