FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Fyers Max Rs 20 per trade while the brokerage of MasterTrust ranges between 0.01 to .1%. Fyers is a Discount Broker where MasterTrust is a Full Service Broker. Fyers is having overall higher rating compare to MasterTrust. Fyers is rated 4 out of 5 where MasterTrust is rated only 3 out of 5. Number of active customer for Fyers is 2,19,169 where number of active customer for MasterTrust is 59,711. Fyers is serving more customer compare to MasterTrust.
Here we present side-by-side comparison of Fyers 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 Fyers 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 Fyers 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 Fyers vs MasterTrust's on
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.
Comparison of Fyers with MasterTrust on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where MasterTrust charges Rs 555 for account opening. Demat AMC charges - Fyers offer Free AMC for Demat account where MasterTrust charges Rs 300 PA AMC for Demat account.
Charges | Fyers | MasterTrust |
---|---|---|
Trading Account Opening Fees | Free | Rs 555 |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Free | Rs 300 PA |
Provide DP Service |
Plans are the most important feature you look when compare Fyers with MasterTrust. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.
Plan Types | Fyers | MasterTrust |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Fyers | Zerodha | |
---|---|---|
Account Opening Request |
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
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 | Fyers | MasterTrust |
---|---|---|
Plan Name | Max Rs 20 Per Order Trading Plan | Basic Trading Plan (Percentage Based) |
Equity Delivery | Free | 0.1% or 10 paisa |
Equity Intraday | 0.03% or Rs 20 whichever is lower | 0.01% or 1 paisa |
Equity Futures | 0.03% or Rs 20 whichever is lower | 0.01% or 1 paisa |
Equity Options | Flat Fee Rs 20 | Rs 10 Per Lot |
Currency Futures | 0.03% or Rs 20 whichever is lower | 0.01% or 1 paisa |
Currency Options | Flat Fee Rs 20 | Rs 5 Per Lot |
Commodity Trading | Flat Fee Rs 20 | 0.01% or 1 paisa |
Minimum Brokerage | NIL | NIL |
Hidden Charges | No | Info Not Available |
Funding | No | Info Not Available |
Call & Trade Charges | Rs 50 Per Order | NA |
Auto Square off Charges | Rs 50 Per Order | NA |
Brokerage Calculator | Brokerage Calculator for Fyers | Brokerage Calculator for MasterTrust |
Compare Fyers with MasterTrust on transaction charges and PCM fee by segment.
Transaction Charges Compare | Fyers | MasterTrust |
---|---|---|
Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
Equity Options | NSE:5050 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:4000 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 fyers | Complete Brokerage Plans for mastertrust |
Compare Fyers 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 - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - MasterTrust offers a margin funding where Fyers doesn't offers margin funding. NRI Trading - MasterTrust offers NRI where Fyers doesn't offers NRI Trading.
Account Features Compare | Fyers | MasterTrust |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15 PM | 3:15PM |
NRI Trading | ||
Other Features | Fyers 30 Day Challenge | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Fyers 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 | Fyers | MasterTrust |
---|---|---|
Desktop Trading Platform | Fyers One | OMNESYS NEST |
Desktop Demo | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | Fyers Web | http://direct.mastermarts.com/ |
Web Trading Demo | Web Trading Demo | Info Not Available |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | Fyers 2.0 Mobile App | mastermobile |
Mobile Trading App Demo | Fyers 2.0 Mobile App Demo | Info Not Available |
Android Mobile App | ||
Android App Download | Andriod Fyers 2.0 Mobile App Download | Andriod mastermobile Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS Fyers 2.0 Mobile App Download | iOS mastermobile Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Info Not Available |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Fyers | Equity Intraday and Delivery Brokerage Calculator for MasterTrust |
Futures Brokerage Calculator | Futures Brokerage Calculator for Fyers | Futures Brokerage Calculator for MasterTrust |
Options Brokerage Calculator | Options Brokerage Calculator for Fyers | Options Brokerage Calculator for MasterTrust |
Detail | Detail on Trading Platforms for fyers | Detail on Trading Platforms for mastertrust |
Compare Fyers 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 - Both broker offers trading options in Commodity (MCX). 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 | Fyers | MasterTrust |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | Mutual Funds and Insurance |
Order Type - Compare Fyers 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) - Fyers provide Cover Orders (CO) where MasterTrust doesn't offer.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) - Fyers provide Bracket Orders (BO) where MasterTrust doesn't offer.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- Fyers offers Good Till Cancelled (GTC) orders where MasterTrust doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | Fyers | MasterTrust |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare Fyers 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 Service Compare | Fyers | MasterTrust |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 08060001111 | Info Not Available |
Account Opening Process | 100% online and paperless proc | Info Not Available |
Customer Support Email | [email protected] | Info Not Available |
Knowledge Center/Education | https://fyers.in/school-of-stocks/ | Info Not Available |
Head Office Address | Fyers Securities, No. 19 & 20, 3rd Main, Gandhinagar, Bangalore - 560009 |
Info Not Available |
Website | https://fyers.in/ | Info Not Available |
Compare Fyers with MasterTrust on research reports and tips provided by the broker.
Compare Fyers 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 Fyers is Free where for MasterTrust is ₹300 pa (Second Year Onwards). Fyers 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 Fyers is ₹7 + ₹5.50 (CDSL Charges) 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
Compare Fyers with MasterTrust on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
Fyers | MasterTrust | |
---|---|---|
Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web. Pay-out/Fund Withdrawal - Bank Transfer only |
Info Not Available |
Payout Time | Up to 24 Hrs except for Bank Holidays. | Info Not Available |
Bank Supported and Charges | 24+ banks connected via payment gateway, Free pay in and Free Pay Out. | Info Not Available |
Bank Detail | Fyers Securities, Account Number:00090340002376 Bank and Branch: HDFC Bank,Kasturba Road, Bangalore Account Type: Current Account IFSC Code: HDFC0000009 |
Info Not Available |
Likes |
|
|
Dislikes |
|
Brokerage not displayed online, Not a 3 in 1 account, high transaction charges. |
Special Offers/Promo | ||
Enquiry | Open Fyers Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2024-01-08T01:50:46+00:00