Master Trust vs Sharekhan 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 Sharekhan
One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).
Sharekhan: Overview
Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.
Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis
Master Trust vs Sharekhan Account Opening Charges: 2024
| Charge | Master Trust | Sharekhan |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹100 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 per year | ₹400 (Free for 1st year with trading account) |
Master Trust vs Sharekhan Brokerage Charges and Plans : 2024
| Charge | Master Trust | Sharekhan |
|---|---|---|
| Plan Name | 20:20 Plan | Classic Account |
| Equity Delivery | ₹0 | 0.50% |
| Equity Intraday | ₹20 per executed order | 0.10% |
| Equity Futures | ₹20 per executed order | 0.10% |
| Equity Options | ₹20 per executed order | ₹50 per lot |
| Currency Futures | ₹20 per executed order | 0.10% |
| Currency Options | ₹20 per executed order | ₹30 per lot |
| Commodity Options | ₹20 per executed order | 0.03% |
| Mutual Fund | N/A | N/A |
Master Trust vs Sharekhan Margin / Exposure: 2024
| Segment | Master Trust | Sharekhan |
|---|---|---|
| Equity Delivery | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan | Upto 5x |
| Equity Intraday | Upto 6x | Upto 10x |
| Equity Future | Upto 4x | 2x |
| Equity Options | Upto 5x | Nil |
| Currency Future | Upto 3x | Nil |
| Currency Options | Upto 3x | Nil |
| Commodity Future | Upto 1x | Upto 2x |
| Commodity Options | Upto 1x | N/A |