Master Trust vs Angel Broking 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 Angel Broking
In this post, you'll know about Angel Broking Trading and Demat Account Opening and Brokerage Charges. You can also have a sneak peak into the Angel Broking apps and important features.
Angel Broking: An Overview
Angel Broking is a leading stock broking and wealth management firm. The company was founded in 1987 and has grown over the years as a leading Financial Investment service provider in India. Angel Broking serves more than 1 million customers with its presence in 900+ cities with 8500+ strong network of sub-brokers.
So, let's begin with the wide range of products and services that Angel Broking offers you.
Angel Broking: Product and Services Offered
- Equity
- Initial Public Offering (IPO)
- Commodity Trading
- Currency Trading
- Derivatives
- Life Insurance
- Mutual Funds
- Portfolio Management Service (PMS)
- Depository Services
- Investment Advisory
- Offline to Online conversion
- Intraday Trading
It provides the iTrade Prime (Flat fee) Trading Plan which has Free Equity Delivery and
Master Trust vs Angel Broking Account Opening Charges: 2024
| Charge | Master Trust | Angel Broking |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹100 | ₹600 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 per year | ₹450 (from 2nd year onwards) |
Master Trust vs Angel Broking Brokerage Charges and Plans : 2024
| Charge | Master Trust | Angel Broking |
|---|---|---|
| Plan Name | 20:20 Plan | iTrade Prime |
| Equity Delivery | ₹0 | ₹0 |
| Equity Intraday | ₹20 per executed order | Flat ₹20 per executed order |
| Equity Futures | ₹20 per executed order | Flat ₹20 per executed order |
| Equity Options | ₹20 per executed order | Flat ₹20 per executed order |
| Currency Futures | ₹20 per executed order | Flat ₹20 per executed order |
| Currency Options | ₹20 per executed order | Flat ₹20 per executed order |
| Commodity Options | ₹20 per executed order | Flat ₹20 per executed order |
| Mutual Fund | N/A | N/A |
Master Trust vs Angel Broking Margin / Exposure: 2024
| Segment | Master Trust | Angel Broking |
|---|---|---|
| Equity Delivery | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan | Upto 3x |
| Equity Intraday | Upto 6x | Upto 10x |
| Equity Future | Upto 4x | Upto 4x |
| Equity Options | Upto 5x | 3x for shorting |
| Currency Future | Upto 3x | Upto 2x |
| Currency Options | Upto 3x | Upto 5x for shorting |
| Commodity Future | Upto 1x | 3x |
| Commodity Options | Upto 1x | N/A |