SBIcap Securities vs Master Trust Comparison: 2024
About SBIcap Securities
SBI cap securities is the broking arm of the decades old and one of the top financial bodies SBI Capital Market ltd. Having the leverage of such an influential bank as a parent body, SBI Securities Ltd. or SSL is one of the leading stock brokers in India. They deal with a variety of depository participant (DP) services as well as equity, derivatives, broking and E-broking services to cater to both national and NRI clientele. SSL has been assigned the title of 'BQ1' (The Highest grade) by CRISIL for its operational qualities and services.
SBI Cap Securities: Overview
Founded in 2006 by Arun Mehta, SSL is a Mumbai-based Full service broker which offers trading in Equity delivery, Equity intraday, Commodity options, Equity futures, Equity options, Currency options and Currency futures. The minimum broking charge is Rs.10 per transaction.
It offers a 3-in-1 account feature, like other financial broking firms for direct
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 &
SBIcap Securities vs Master Trust Account Opening Charges: 2024
| Charge | SBIcap Securities | Master Trust |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹850 | ₹100 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹350 | ₹300 per year |
SBIcap Securities vs Master Trust Brokerage Charges and Plans : 2024
| Charge | SBIcap Securities | Master Trust |
|---|---|---|
| Plan Name | eZ-trade Plan | 20:20 Plan |
| Equity Delivery | 0.50% | ₹0 |
| Equity Intraday | 0.05% | ₹20 per executed order |
| Equity Futures | 0.05% | ₹20 per executed order |
| Equity Options | ₹100 per lot | ₹20 per executed order |
| Currency Futures | 0.03% | ₹20 per executed order |
| Currency Options | ₹30 per lot | ₹20 per executed order |
| Commodity Options | NA | ₹20 per executed order |
| Mutual Fund | N/A | N/A |
SBIcap Securities vs Master Trust Margin / Exposure: 2024
| Segment | SBIcap Securities | Master Trust |
|---|---|---|
| Equity Delivery | 2x | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan |
| Equity Intraday | Upto 5x | Upto 6x |
| Equity Future | Nil | Upto 4x |
| Equity Options | Nil | Upto 5x |
| Currency Future | Nil | Upto 3x |
| Currency Options | Nil | Upto 3x |
| Commodity Future | N/A | Upto 1x |
| Commodity Options | N/A | Upto 1x |