Master Trust vs Reliance Securities 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 Reliance Securities
Reliance securities also called Reliance Smart Money is a full-service online trading and investment platform and is the broking arm of Reliance Capital. So, let's have a look at Reliance Securities Features, reviews, trading account opening and Brokerage Charges. Reliance Securities started its operation in 2005. It has a strong presence across the country with 1000+ offices serving 8 Lakh customers.
Reliance Securities offers services in:
- Equities
- NCDs/Bonds
- Sovereign Gold Bond
- IPOs
- Mutual Funds
- Derivatives
- Currency
- Corporate FDs
- Insurance Products
- Securities Lending & Borrowing
- Auction Market Participation
Features of Reliance Securities
- Competitive Brokerage: Provides different competitive brokerage plans suited for different categories of investors and traders
- Smart Trading Platforms: Offers a wide range of user-friendly trading platforms from browser-based platform to application based for both computer and mobile devices. It also offers call and trade facility to its customers
- Research: It offers it customers with specialized research report ranging from investment summaries, pre-market reports, futures
Master Trust vs Reliance Securities Account Opening Charges: 2024
| Charge | Master Trust | Reliance Securities |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹100 | ₹950 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 per year | ₹400 p.a. |
Master Trust vs Reliance Securities Brokerage Charges and Plans : 2024
| Charge | Master Trust | Reliance Securities |
|---|---|---|
| Plan Name | 20:20 Plan | Fixed Online Plan |
| Equity Delivery | ₹0 | 0.4%\t |
| Equity Intraday | ₹20 per executed order | 0.04%\t |
| Equity Futures | ₹20 per executed order | 0.04%\t |
| Equity Options | ₹20 per executed order | Rs 100/Lot |
| Currency Futures | ₹20 per executed order | 0.04%\t |
| Currency Options | ₹20 per executed order | Rs 100/Lot |
| Commodity Options | ₹20 per executed order | N/A |
| Mutual Fund | N/A | N/A |
Master Trust vs Reliance Securities Margin / Exposure: 2024
| Segment | Master Trust | Reliance Securities |
|---|---|---|
| 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 3x |
| Equity Options | Upto 5x | Nil |
| Currency Future | Upto 3x | Nil |
| Currency Options | Upto 3x | Nil |
| Commodity Future | Upto 1x | N/A |
| Commodity Options | Upto 1x | N/A |