FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

BlinkX Vs MasterTrust: Which one is better?

Both the brokers are registered with SEBI. BlinkX offers investmenet in Equity, F&O and Currency only, where MasterTrust offers investment in Equity, F&O, Currency and Commodities.. The brokerage of BlinkX Max Rs 0 per trade while the brokerage of MasterTrust ranges between 0.01 to .1%. BlinkX is a Discount Broker where MasterTrust is a Full Service Broker. BlinkX is having overall higher rating compare to MasterTrust. BlinkX is rated 3.5 out of 5 where MasterTrust is rated only 3 out of 5. Number of active customer for BlinkX is 93,737 where number of active customer for MasterTrust is 59,711. BlinkX is serving more customer compare to MasterTrust.

Here we present side-by-side comparison of BlinkX vs MasterTrust share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared BlinkX vs MasterTrust's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of BlinkX vs MasterTrust share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared BlinkX vs MasterTrust's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare BlinkX vs MasterTrust on Service

  BlinkX Compare
BlinkX
MasterTrust Compare
MasterTrust
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE BSE, NSE, MCX, NCDEX
Active Clients 93,737 59,711
Broker Overview Free account opening, powerful and high-speed BlinkX trading app with a user-friendly interface, zero brokerage unlimited trading plan, free access to Dedicated research & advisory, and personalized assistance with a dedicated relationship manager ma... Know more about BlinkX mastertrust offers online investors the wide variety of tools and services they need to succeed, and for investors seeking guidance, mastertrust's massive branch office network, which offers reliable and personable relationships, help the broker to ...Know more about MasterTrust
Broker Enquiry Request call back from BlinkX Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare BlinkX vs MasterTrust on Trading & Demat Account Opening Charges

Comparison of BlinkX with MasterTrust on trading & demat account opening charges and AMC. Trading account opening charges - BlinkX offer Free account opening where MasterTrust charges Rs 555 for account opening. Demat AMC charges - BlinkX charges Rs 300 (Free for 1st year) AMC for Demat account where MasterTrust charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare BlinkX with MasterTrust
Charges BlinkX MasterTrust
Trading Account Opening Fees Free Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 (Free for 1st year) Rs 300 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare BlinkX vs MasterTrust on Plan Options

Plans are the most important feature you look when compare BlinkX with MasterTrust. This section compare on high level about type of plans offered by brokers. Multiple Plans - BlinkX provide Multiple Plans where MasterTrust doesn't offer. Monthly Plans - BlinkX provide Monthly Plans where MasterTrust doesn't offer

Compare BlinkX with MasterTrust on Plan Options
Plan Types BlinkX MasterTrust
Multiple Plans Yes No
Monthly Plans Yes No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  BlinkX Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare BlinkX vs MasterTrust on Brokerage Charges

BlinkX Brokerage Plan detail - BlinkX offers no brokerage unlimited trading plan wherein the broker charges zero brokerage fee on trading in all segments be it equity, equity F&O, currency by paying a fixed fee of Rs 999 Rs 799 for 6 months.

MasterTrust Brokerage Plan detail - This plan is very competitive with �other full brokers in industry where .01% for Equity intraday and future and .1% foe delivery.

Brokerage Charges - Compare BlinkX with MasterTrust
Brokerage Charges Compare BlinkX MasterTrust
Plan Name Half Yearly Unlimited Trading Plan Basic Trading Plan (Percentage Based)
Equity Delivery Free 0.1% or 10 paisa
Equity Intraday Free 0.01% or 1 paisa
Equity Futures Free 0.01% or 1 paisa
Equity Options Free Rs 10 Per Lot
Currency Futures Free 0.01% or 1 paisa
Currency Options Free Rs 5 Per Lot
Commodity Trading NA 0.01% or 1 paisa
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Funding 18% per annum Info Not Available
Call & Trade Charges Free NA
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for BlinkX Brokerage Calculator for MasterTrust
Expand

Share Broker's Transaction Charges

Compare BlinkX vs MasterTrust on Transaction Charges

Compare BlinkX with MasterTrust on transaction charges and PCM fee by segment.

Transaction Charges - Compare BlinkX with MasterTrust
Transaction Charges Compare BlinkX MasterTrust
Equity Delivery NSE:325 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:325 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:190Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5000 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:3500 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for blinkx Complete Brokerage Plans for mastertrust
Expand

Account Features

Compare BlinkX vs MasterTrust on Account Features

Compare BlinkX with MasterTrust on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - MasterTrust offers Algo Trading where BlinkX doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - MasterTrust offers NRI where BlinkX doesn't offers NRI Trading.

Account Features - BlinkX with MasterTrust
Account Features Compare BlinkX MasterTrust
3 in 1 Account No BlinkX have 2-in-1 account. Only Demate and Trading account. No BlinkX have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
Expand

Trading Platform

Compare BlinkX vs MasterTrust on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w BlinkX and MasterTrust. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare BlinkX with MasterTrust
Trading Platform Compare BlinkX MasterTrust
Desktop Trading Platform BlinkX OMNESYS NEST
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://direct.mastermarts.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App BlinkX mastermobile
Mobile Trading App Demo BlinkX Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod BlinkX Download Andriod mastermobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS BlinkX Download iOS mastermobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for BlinkX Equity Intraday and Delivery Brokerage Calculator for MasterTrust
Futures Brokerage Calculator Futures Brokerage Calculator for BlinkX Futures Brokerage Calculator for MasterTrust
Options Brokerage Calculator Options Brokerage Calculator for BlinkX Options Brokerage Calculator for MasterTrust
Detail Detail on Trading Platforms for blinkx Detail on Trading Platforms for mastertrust

Expand

Broker Ratings by Users

Compare BlinkX vs MasterTrust on User Rating

  BlinkX MasterTrust
  22 Customer Reviews    Rate BlinkX 2 Customer Reviews    Rate MasterTrust
Fees Ratings 4.0 2.0
Trading Brokerage Rating 4.8 3.0
Trading Platform Usability 3.7 2.0
Customer Service Ratings 3.9 1.5
Overall Ratings 4.2 1.5
Broker Rating BlinkX is Rated 4.2 / 5 based on 22 customer reviews MasterTrust is Rated 1.5 / 5 based on 2 customer reviews
Expand

Investment Offerings

Compare BlinkX vs MasterTrust on Investment Offerings

Compare BlinkX with MasterTrust on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - MasterTrust offers trading options in Commodity (MCX) where BlinkX doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare BlinkX with MasterTrust
Investment Offerings Compare BlinkX MasterTrust
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL Mutual Funds and Insurance
Expand

Order Types

Compare BlinkX vs MasterTrust on Order Types

Order Type - Compare BlinkX with MasterTrust on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Both broker don't have Cover Orders (CO).Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare BlinkX with MasterTrust
Order Type Compare BlinkX MasterTrust
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
Expand

Customer Service Offered

Compare BlinkX vs MasterTrust on Customer Service

Compare BlinkX with MasterTrust on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare BlinkX with MasterTrust
Customer Service Compare BlinkX MasterTrust
24/7 Customer Service BlinkX vs MasterTrust - 24x7 customer support No No
Email Support BlinkX vs MasterTrust - Email Support Yes Yes
Onine Live Chat BlinkX vs MasterTrust - Onine Live Chat Yes Yes
Phone Support BlinkX vs MasterTrust - Phone Support Yes Yes
Toll Free Number BlinkX vs MasterTrust - Toll Free Number No Yes
Through Branches BlinkX vs MasterTrust - Through Branches Yes Yes
Customer Care Number BlinkX vs MasterTrust - Customer Care Number 022-45812222 Info Not Available
Account Opening Process BlinkX vs MasterTrust - Account Opening Process Paperless onboarding Info Not Available
Customer Support Email BlinkX vs MasterTrust - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education BlinkX vs MasterTrust - Knowledge Center/Education https://blinkx.in/en/knowledge-base/ Info Not Available
Head Office Address BlinkX vs MasterTrust - Head Office Address/Corporate Address
Great Oasis, 8th floor,
Marol Industrial Area, MIDC Road - 21,
Marol, Andheri (E), Mumbai
Info Not Available
Website BlinkX vs MasterTrust - Company Website https://blinkx.in/ Info Not Available
Expand

Tips/Research/Reports Published

Compare BlinkX vs MasterTrust on Research Reports, Tips

Compare BlinkX with MasterTrust on research reports and tips provided by the broker.

Research Reports - Compare BlinkX with MasterTrust
  BlinkX MasterTrust
Research Mutual Funds BlinkX vs MasterTrust - Research Mutual Funds Yes Yes
Research Equity Reports BlinkX vs MasterTrust - Research Equity Reports Yes Yes
Research ETF BlinkX vs MasterTrust - Research ETF No Yes
Daily Market Report BlinkX vs MasterTrust - Daily Market Report No Yes
Free Tips BlinkX vs MasterTrust - Free Tips Yes Yes
Quarterly Result Analysis BlinkX vs MasterTrust - Quarterly Results Yes Yes
News Alerts BlinkX vs MasterTrust - Yes Yes
Expand

Demat Account

Compare BlinkX vs MasterTrust on Demat Account

Compare BlinkX with MasterTrust on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for BlinkX is Rs 300 (Free for 1st year) where for MasterTrust is ₹300 pa (Second Year Onwards). BlinkX is a better choice in terms of Demat AMC compare to MasterTrust.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for BlinkX is Rs 25 per Transaction where for MasterTrust is ₹50.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare BlinkX with MasterTrust
  BlinkX MasterTrust
DP Source CDSL CDSL
DP ID BlinkX vs MasterTrust - DP ID IN-DP-541 No
Demat Account Annual Maintenance Charges(AMC) Rs 300 (Free for 1st year) ₹300 pa (Second Year Onwards)
Advance Deposit Nil Rs. 2500/- for Scheme A Rs. 555/- for Scheme LF (For Individuals ony) for Lime time AMC Free. Rs. 800/- for scheme 800
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) Rs 25 per Transaction ₹50
Demat Rs 10 per certificate, minimum Rs 50 ₹3 per certificate + ₹20 per request
Remat Rs 20 per certificate, minimum Rs 50 ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation Rs 50 per Transaction ₹50
Pledge Creation Confirmation Rs 50 per Transaction Nil
Pledge Closure Rs 50 per Transaction ₹25
Pledge Closure Confirmation Rs 50 per Transaction Nil
Pledge Invocation Rs 50 per Transaction ₹25
Failed Instruction Charges Rs 10 per failed instruction ₹20
Other Charges Nil
Expand

Special Offers,Advantages,Disadvantages

Compare BlinkX vs MasterTrust on Special Offers and Promotion

Compare BlinkX with MasterTrust on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare BlinkX vs MasterTrust on Special Offers and Promotion
  BlinkX MasterTrust
Pay In and Pay Out Options BlinkX vs MasterTrust - Pay In and Pay Out Options UPI, Net Banking Info Not Available
Payout Time BlinkX vs MasterTrust - Payout Time 24 hours Info Not Available
Bank Supported and Charges BlinkX vs MasterTrust - Bank Supported and Charges Info Not Available
Bank Detail Info Not Available
Likes
  • Zero account opening charges.
  • No Demat maintenance for 1st year
  • User-friendly interface of BlinkX app with advanced features.
  • Free access to expert research reports
  • No brokerage Intraday trading.
  • Rs 999 Rs 799 Zero brokerage unlimited trading plan.
  • Free Add-on services: Call & Trade, square-off, fund transfer, etc
  • MTF at no extra cost.
  • Invest in mutual funds, bonds, NCDs, and SGBs.
  • Participate in IPO, buyback, and OFS for free.
  • Place after market order (AMO)

Detail Review...

Detail Review...

Dislikes
  • No installable trading terminal.
  • Does not provide direct mutual funds
  • Bracket order (BO), cover order (CO), and GTT order are not offered by BlinkX.
  • Unlimited trading is not available on the commodity and BSE F&O trading segment.

Detail Review...

Brokerage not displayed online, Not a 3 in 1 account, high transaction charges.

Detail Review...

Special Offers/Promo Free account opening, zero Demat AMC for the first year, unlimited trading plan (equity, NSE F&O, and currency) at Rs 999 799 for 6 months
Enquiry Open BlinkX Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-03-06T03:46:11+00:00