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 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 &
Upstox, another name to be included in the list of fastest growing discount brokers in India. We wonder, how much longer the list of stock brokers in India will eventually get. Every other day you hear a lot of new entrants, or existing players modifying their strategies to survive and succeed in the stock broking world.
Uptstox, formerly known as RKSV Securites, is one of the biggest discount brokers in India, funded by the likes of Ratan Tata, Kalaari Capital and GVK Davix, making the firm a dependable and safe broker for all of your investment and trading needs. Based out of Mumbai, Upstox is a wide-range broker. This stock broking platform offers a huge range of trading products and services.
Using Upstox has huge advantages, especially for traders, given its plans and cheap brokerage despite volume. Also, Upstox also offers one of the quickest trading terminals, which, any trader could tell
Charge | Master Trust | Upstox |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹100 | ₹249 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 per year | ₹300 per year (paid monthly) |
Charge | Master Trust | Upstox |
---|---|---|
Plan Name | 20:20 Plan | Basic |
Equity Delivery | ₹0 | ₹0 (FREE) |
Equity Intraday | ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Equity Futures | ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Equity Options | ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Currency Futures | ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Currency Options | ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Commodity Options | ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Mutual Fund | N/A | N/A |
Segment | Master Trust | Upstox |
---|---|---|
Equity Delivery | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan | 1x (no margin) |
Equity Intraday | Upto 6x | Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x |
Equity Future | Upto 4x | Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x |
Equity Options | Upto 5x | Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x |
Currency Future | Upto 3x | Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x |
Currency Options | Upto 3x | Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x |
Commodity Future | Upto 1x | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
Commodity Options | Upto 1x | N/A |