Master Trust vs SAMCO 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 SAMCO
SAMCO is another popular discount broker in India which has carved a niche for itself in a short span of time. It conceptualized in the year 2015 and with its diversifying broking services and products range it has a good hold on the market at present.
Samco Overview
Samco Securities Ltd. is known to be a suitable stockbroker for beginners since it offers an exhaustive repository of basic and intermediate tutorials on investing and trading. At the same time, with low brokerage charges, they leave a low chance of risk for the beginners as compared to other Indian stock brokers.
It allows trading across all the leading stock and commodity exchanges in India including NSE, BSE, MCX, MCX-SX and NCDEX. Samco facilitates commodity segment for MCX trading through its associated entity, Samco Commodities Ltd. The firm primarily caters to corporate and retail clients. It also offers loans against shares, low brokerage Demat
Master Trust vs SAMCO Account Opening Charges: 2024
| Charge | Master Trust | SAMCO |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹100 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 per year | ₹400 |
Master Trust vs SAMCO Brokerage Charges and Plans : 2024
| Charge | Master Trust | SAMCO |
|---|---|---|
| Plan Name | 20:20 Plan | Standard |
| Equity Delivery | ₹0 | ₹20 per executed order |
| Equity Intraday | ₹20 per executed order | ₹20 per executed order |
| Equity Futures | ₹20 per executed order | ₹20 per executed order |
| Equity Options | ₹20 per executed order | ₹20 per executed order |
| Currency Futures | ₹20 per executed order | ₹20 per executed order |
| Currency Options | ₹20 per executed order | ₹20 per executed order |
| Commodity Options | ₹20 per executed order | ₹20 per executed order |
| Mutual Fund | N/A | N/A |
Master Trust vs SAMCO Margin / Exposure: 2024
| Segment | Master Trust | SAMCO |
|---|---|---|
| Equity Delivery | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan | Upto 4x |
| Equity Intraday | Upto 6x | Upto 15x |
| Equity Future | Upto 4x | Upto 4x |
| Equity Options | Upto 5x | Upto 8x |
| Currency Future | Upto 3x | Upto 3x |
| Currency Options | Upto 3x | Upto 5x |
| Commodity Future | Upto 1x | Upto 5x |
| Commodity Options | Upto 1x | Upto 5x |