Master Trust vs Indiabulls 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 Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
Master Trust vs Indiabulls Account Opening Charges: 2024
| Charge | Master Trust | Indiabulls |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹100 | ₹500 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 per year | ₹450 |
Master Trust vs Indiabulls Brokerage Charges and Plans : 2024
| Charge | Master Trust | Indiabulls |
|---|---|---|
| Plan Name | 20:20 Plan | Equity Unlimited Trade Plan |
| Equity Delivery | ₹0 | ₹0 |
| Equity Intraday | ₹20 per executed order | ₹0 |
| Equity Futures | ₹20 per executed order | ₹15 per trade |
| Equity Options | ₹20 per executed order | ₹15 per trade |
| Currency Futures | ₹20 per executed order | ₹15 per trade |
| Currency Options | ₹20 per executed order | ₹15 per trade |
| Commodity Options | ₹20 per executed order | 0.03% |
| Mutual Fund | N/A | N/A |
Master Trust vs Indiabulls Margin / Exposure: 2024
| Segment | Master Trust | Indiabulls |
|---|---|---|
| Equity Delivery | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan | 1x (No margin) |
| Equity Intraday | Upto 6x | Upto 5x |
| Equity Future | Upto 4x | Intra-day: 4x | Carry forward: 1x |
| Equity Options | Upto 5x | Intra-day: 4x | Carry forward: 1x |
| Currency Future | Upto 3x | Intra-day: 2x | Carry forward: 1x |
| Currency Options | Upto 3x | Intra-day: 2x | Carry forward: 1x |
| Commodity Future | Upto 1x | N/A |
| Commodity Options | Upto 1x | N/A |