Master Trust vs Interactive Brokers 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 Interactive Brokers

Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!

A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.

Interactive Brokers: An Overview

Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.

Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.

In India, the

Master Trust vs Interactive Brokers Account Opening Charges: 2024

ChargeMaster TrustInteractive Brokers
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹100₹0
Trading Account AMC₹0₹0
Demat Account AMC₹300 per year₹0

Master Trust vs Interactive Brokers Brokerage Charges and Plans : 2024

ChargeMaster TrustInteractive Brokers
Plan Name20:20 Plan N/A
Equity Delivery₹0Minimum ₹6 and Upto ₹20 per executed order
Equity Intraday₹20 per executed orderMinimum ₹6 and Upto ₹20 per executed order
Equity Futures₹20 per executed orderMinimum ₹6 and Upto ₹20 per executed order
Equity Options₹20 per executed orderMinimum ₹6 and Upto ₹20 per executed order
Currency Futures₹20 per executed orderMinimum ₹6 and Upto ₹20 per executed order
Currency Options₹20 per executed orderMinimum ₹6 and Upto ₹20 per executed order
Commodity Options₹20 per executed orderN/A
Mutual FundN/AN/A

Master Trust vs Interactive Brokers Margin / Exposure: 2024

SegmentMaster TrustInteractive Brokers
Equity Delivery1x for 20:20 brokerage plan; Upto 4.5x for Standard PlanN/A
Equity IntradayUpto 6xN/A
Equity FutureUpto 4xN/A
Equity OptionsUpto 5xN/A
Currency FutureUpto 3xN/A
Currency OptionsUpto 3xN/A
Commodity FutureUpto 1xN/A
Commodity OptionsUpto 1xN/A

Master Trust vs Interactive Brokers Currency Charges and Plans: 2024

Master Trust charge ₹20 per executed order for Currency Futures and ₹20 per executed order for Currency Options whereas Interactive Brokers Charges Minimum ₹6 and Upto ₹20 per executed order for Currency futures and Minimum ₹6 and Upto ₹20 per executed order for Currency options.
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