Master Trust vs Yes Securities 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 Yes Securities
It is a wholly owned subsidiary of Yes Bank.With Inherited knowledge from its parent company of over 50 years of experience in banking, wealth management, and advisory, Yes Bank securities aimed to become a wealth manager and advisor for its banking clients all over India. They facilitate an in-house team of multi-asset specialists and advisors to direct the client while trading or investing.
Yes Bank Securities: An Overview
Yes Bank had lengthened its arms to offer a complete range of financial products and services catering to the needs of an individual, corporate, and MSMEs. Being a full-service commercial bank it has a pan-India presence overall 28 states and 9 Union territories.
Yes Securities is a SEBI licensed investment advisor and a member of BSE, NSE, MCX, and NCDEX exchanges. Incorporated in 2013, with the claim of 'making investments as easy as booking a cab', Yes Securities provides interactive graphic stock health scores,
Master Trust vs Yes Securities Account Opening Charges: 2024
| Charge | Master Trust | Yes Securities |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹100 | ₹999 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 per year | ₹500 |
Master Trust vs Yes Securities Brokerage Charges and Plans : 2024
| Charge | Master Trust | Yes Securities |
|---|---|---|
| Plan Name | 20:20 Plan | Invest Value Plan |
| Equity Delivery | ₹0 | 0.45% |
| Equity Intraday | ₹20 per executed order | 0.05% |
| Equity Futures | ₹20 per executed order | 0.05%, Intraday - 0.02% |
| Equity Options | ₹20 per executed order | ₹75 per lot, Intraday - ₹25 per lot |
| Currency Futures | ₹20 per executed order | 0.05%, Intraday - 0.02% |
| Currency Options | ₹20 per executed order | ₹75 per lot, Intraday - ₹25 per lot |
| Commodity Options | ₹20 per executed order | N/A |
| Mutual Fund | N/A | N/A |
Master Trust vs Yes Securities Margin / Exposure: 2024
| Segment | Master Trust | Yes Securities |
|---|---|---|
| Equity Delivery | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan | N/A |
| Equity Intraday | Upto 6x | N/A |
| Equity Future | Upto 4x | N/A |
| Equity Options | Upto 5x | N/A |
| Currency Future | Upto 3x | N/A |
| Currency Options | Upto 3x | N/A |
| Commodity Future | Upto 1x | N/A |
| Commodity Options | Upto 1x | N/A |