Master Trust vs IDBI Direct 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 IDBI Direct

IDBI Capital Market & securities Ltd. also known as IDBI Direct, is a widely known full-service Mumbai based stock broker with integrated banking facilities and is a truly owned subsidiary of IDBI Bank Ltd. It has made a gigantic reputation for itself within the brokerage industry and Indian trading by providing personalized support to their respective clients.

As of today, the company has a net worth of around three billion rupees and over two hundred employees are located across seventeen distinct branches, spread over seventeen cities around the nation. 

As a retail broking division of the Indian centric financial services IDBI Capital offering remote-based trading with the help of internet across all the major financial segments such as Equities, F&O, Mutual Funds and Initial Public Offerings.  

Also, to help the registered users, as well as investors of the company to swift investment-related decisions and better inform them about their respective online portal by

Master Trust vs IDBI Direct Account Opening Charges: 2024

ChargeMaster TrustIDBI Direct
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹100₹500 (one-time)
Trading Account AMC₹0₹0
Demat Account AMC₹300 per year₹450 p.a.

Master Trust vs IDBI Direct Brokerage Charges and Plans : 2024

ChargeMaster TrustIDBI Direct
Plan Name20:20 Plan Standard Plan
Equity Delivery₹00.50%
Equity Intraday₹20 per executed order0.05%
Equity Futures₹20 per executed order0.05%
Equity Options₹20 per executed order₹100 per lot
Currency Futures₹20 per executed orderN/A
Currency Options₹20 per executed orderN/A
Commodity Options₹20 per executed orderN/A
Mutual FundN/AN/A

Master Trust vs IDBI Direct Margin / Exposure: 2024

SegmentMaster TrustIDBI Direct
Equity Delivery1x for 20:20 brokerage plan; Upto 4.5x for Standard PlanNil
Equity IntradayUpto 6xUpto 4x
Equity FutureUpto 4xNil
Equity OptionsUpto 5xNil
Currency FutureUpto 3xN/A
Currency OptionsUpto 3xN/A
Commodity FutureUpto 1xN/A
Commodity OptionsUpto 1xN/A
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