Stoxkart vs Master Trust Comparison: 2024

About Stoxkart

Stoxkart is based out of Delhi, and it is relatively new in the broking market place, incorperated only in 2019. Stoxkart is an online discount broker, which offers services like trading and investment across a variety of segments including equity markets, commodities, currencies, futures and options, IPOs and mutual funds.

Stoxkart: Overview

A Delhi-based firm, Stoxkart is a part of SMC Global Limited, which itself is a full-service broker and has been a leading diversified financial services company in India for quite a while now.

As mentioned earlier, Stoxkart provides services of trading across a lot of different sectors, but also in that, it provides up to 25 times exposure on intraday trades which can be across equities, currencies and commodities, which happens to be among one of the highest margins offered, especially by a discount broker.

The company can do that because it is backed by SMC, which is a full-service broker,

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 &

Stoxkart vs Master Trust Account Opening Charges: 2024

ChargeStoxkartMaster Trust
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹500₹100
Trading Account AMC₹0₹0
Demat Account AMC₹300 per year₹300 per year

Stoxkart vs Master Trust Brokerage Charges and Plans : 2024

ChargeStoxkartMaster Trust
Plan NameN/A20:20 Plan
Equity Delivery₹0₹0
Equity Intraday₹15 (on profit trades only)₹20 per executed order
Equity Futures₹15 per executed order₹20 per executed order
Equity Options₹15 per executed order₹20 per executed order
Currency Futures₹15 per executed order₹20 per executed order
Currency Options₹15 per executed order₹20 per executed order
Commodity Options₹15 per executed order₹20 per executed order
Mutual FundN/AN/A

Stoxkart vs Master Trust Margin / Exposure: 2024

SegmentStoxkartMaster Trust
Equity Delivery1x (No margin)1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan
Equity IntradayUp to 15x | BO,CO: Up to 25xUpto 6x
Equity FutureUp to 2x | BO,CO: Up to 7xUpto 4x
Equity Options1x (No margin)Upto 5x
Currency FutureUp to 2x | BO,CO: Up to 4xUpto 3x
Currency Options1x (No margin)Upto 3x
Commodity FutureUp to 2x | BO,CO: Up to 6xUpto 1x
Commodity Options1x (No margin)Upto 1x

Stoxkart vs Master Trust Currency Charges and Plans: 2024

Stoxkart charge ₹15 per executed order for Currency Futures and ₹15 per executed order for Currency Options whereas Master Trust Charges ₹20 per executed order for Currency futures and ₹20 per executed order for Currency options.

Stoxkart vs Master Trust Commodity Charges and Plans: 2024

Stoxkart charge ₹15 per executed order for commodity and Master Trust charge ₹20 per executed order for commodity.
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