Master Trust vs Zerodha 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 Zerodha
Zerodha, a Bangalore based company, a pioneer in stock broking, is the biggest and one of the best and most popular stock brokers in India. The one of its kind, discount broking model was introduced by this leading broker few years back. And, now there's no looking back! It's online flat fee discount brokerage model has set an example to be followed by various other trading platforms across India. Ranked amongst the Top Discount Brokers in India, Zerodha holds a very strong position in terms of trading volumes and a massive and growing customer base. 
Zerodha: Overview
Incorporated in the year 2010 by Nitin Kamath, an engineer turned stock broker cum budding entrepreneur who nurtured the company with his ideas and innovation, Zerodha gained huge popularity within a short span. It has turned to be the leading stock broker in India, may it be
Master Trust vs Zerodha Account Opening Charges: 2024
| Charge | Master Trust | Zerodha |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 (Free) |
| Trading Acc Opening Charges | ₹100 | ₹200 (Equity) + Rs.100 (Commodity) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹300 per year |
Master Trust vs Zerodha Brokerage Charges and Plans : 2024
| Charge | Master Trust | Zerodha |
|---|---|---|
| Plan Name | 20:20 Plan | Flat Brokerage Plan |
| Equity Delivery | ₹0 | ₹0 (Free) |
| Equity Intraday | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Futures | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Options | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order (on Turnover) |
| Currency Futures | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Currency Options | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Commodity Options | ₹20 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Mutual Fund | N/A | ₹0 (Free Unlimited Direct MF) |
Master Trust vs Zerodha Margin / Exposure: 2024
| Segment | Master Trust | Zerodha |
|---|---|---|
| Equity Delivery | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan | 1x (no margin) |
| Equity Intraday | Upto 6x | Up to 20x (based on the stock) |
| Equity Future | Upto 4x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options | Upto 5x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Future | Upto 3x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options | Upto 3x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity Future | Upto 1x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
| Commodity Options | Upto 1x | N/A |