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Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of TradePlusOnline Max Max Rs 9 per trade while the brokerage of MasterTrust ranges between 0.01 to .1%. TradePlusOnline is a Discount Broker where MasterTrust is a Full Service Broker. TradePlusOnline is having overall higher rating compare to MasterTrust. TradePlusOnline is rated 3.5 out of 5 where MasterTrust is rated only 3 out of 5. Number of active customer for MasterTrust is 60,064 where number of active customer for TradePlusOnline is 10,485. MasterTrust is serving more customer compare to TradePlusOnline.
Here we present side-by-side comparison of TradePlusOnline 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 TradePlusOnline 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 TradePlusOnline 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 TradePlusOnline 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.
 TradePlusOnline |
 MasterTrust |
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|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
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Discount Broker | Full Service Broker |
| Exchanges Supported
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NSE, BSE, MCX | BSE, NSE, MCX, NCDEX |
| Active Clients | 10,485 | 60,064 |
| Broker Overview | Trade at just Rs. 9/order and enjoy free derivative trading benefits with TradePlus Account. Highlights include a free account, Lifetime zero Demat AMC, and RocketPlus technology-powered app, web, and exe trading platforms. | 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 ... |
| Broker Enquiry |
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Comparison of TradePlusOnline with MasterTrust on trading & demat account opening charges and AMC. Trading account opening charges - TradePlusOnline offer Free account opening where MasterTrust charges Rs 555 for account opening. Demat AMC charges - TradePlusOnline offer Free AMC for Demat account where MasterTrust charges Rs 300 PA AMC for Demat account.
| Charges | TradePlusOnline | 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 |  |
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Plans are the most important feature you look when compare TradePlusOnline with MasterTrust. This section compare on high level about type of plans offered by brokers. Multiple Plans - TradePlusOnline provide Multiple Plans where MasterTrust doesn't offer. Monthly Plans - TradePlusOnline provide Monthly Plans where MasterTrust doesn't offer
| Plan Types | TradePlusOnline | MasterTrust |
|---|---|---|
| Multiple Plans | |
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| Monthly Plans | |
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| Yearly Plans | |
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| Zerodha | Zerodha | |
|---|---|---|
| Account Opening Request |
TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.
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 | TradePlusOnline | MasterTrust |
|---|---|---|
| Plan Name | Smart Flat Brokerage Plan | Basic Trading Plan (Percentage Based) |
| Equity Delivery | Free | 0.1% or 10 paisa |
| Equity Intraday | 0.05% or Rs 9 whichever is lower | 0.01% or 1 paisa |
| Equity Futures | Flat Fee Rs 9 | 0.01% or 1 paisa |
| Equity Options | Flat Fee Rs 9 | Rs 10 Per Lot |
| Currency Futures | Flat Fee Rs 9 | 0.01% or 1 paisa |
| Currency Options | Flat Fee Rs 9 | Rs 5 Per Lot |
| Commodity Trading | Flat Fee Rs 9 | 0.01% or 1 paisa |
| Minimum Brokerage | NIL | NIL |
| Hidden Charges | No | Info Not Available |
| Funding | Yes - 24% interest PA | Info Not Available |
| Call & Trade Charges | Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade | NA |
| Auto Square off Charges | Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade | NA |
| Brokerage Calculator | Brokerage Calculator for TradePlusOnline | Brokerage Calculator for MasterTrust |
Compare TradePlusOnline with MasterTrust on transaction charges and PCM fee by segment.
| Transaction Charges Compare | TradePlusOnline | 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 | Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
| Brokerage Charges | Complete Brokerage Plans for tradeplus | Complete Brokerage Plans for mastertrust |
Compare TradePlusOnline 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 - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.
| Account Features Compare | TradePlusOnline | MasterTrust |
|---|---|---|
| 3 in 1 Account | |
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| Charting | |
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| Algo Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding Available | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15PM |
| NRI Trading | |
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| Other Features | Charting & Tech Tools -YES - INFINI POWER - MCX and Equities | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w TradePlusOnline 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 | TradePlusOnline | MasterTrust |
|---|---|---|
| Desktop Trading Platform | Rocketplus | OMNESYS NEST |
| Desktop Demo | Desktop Demo | Info Not Available |
| Desktop Platform (Windows) | |
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| Desktop Platform (Mac) | |
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| Web Trading Platform | |
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| Web Trading Detail | https://infini.tradeplusonline.com/ | http://direct.mastermarts.com/ |
| Web Trading Demo | Web Trading Demo | Info Not Available |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | RocketPlus Mobile Trading App | mastermobile |
| Mobile Trading App Demo | RocketPlus Mobile Trading App Demo | Info Not Available |
| Android Mobile App | |
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| Android App Download | Andriod RocketPlus Mobile Trading App Download | Andriod mastermobile Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS RocketPlus Mobile Trading App Download | iOS mastermobile Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Free | Info Not Available |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for TradePlusOnline | Equity Intraday and Delivery Brokerage Calculator for MasterTrust |
| Futures Brokerage Calculator | Futures Brokerage Calculator for TradePlusOnline | Futures Brokerage Calculator for MasterTrust |
| Options Brokerage Calculator | Options Brokerage Calculator for TradePlusOnline | Options Brokerage Calculator for MasterTrust |
| Detail | Detail on Trading Platforms for tradeplus | Detail on Trading Platforms for mastertrust |
| TradePlusOnline | MasterTrust | |
|---|---|---|
27 Customer Reviews
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2 Customer Reviews
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| Fees Ratings | 4.3 | 2.0 |
| Trading Brokerage Rating | 4.8 | 3.0 |
| Trading Platform Usability | 3.9 | 2.0 |
| Customer Service Ratings | 3.9 | 1.5 |
| Overall Ratings | 4.1 | 1.5 |
| Broker Rating | TradePlusOnline is Rated 4.1 / 5 based on 27 customer reviews | MasterTrust is Rated 1.5 / 5 based on 2 customer reviews |
Compare TradePlusOnline 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 | TradePlusOnline | MasterTrust |
|---|---|---|
| Equity Cash and F&O | |
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| Currency Deravitives | |
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| Commodity | |
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| Online IPO Application | |
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| Mutual Funds | |
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| Bond / NCD | |
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| ETF | |
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| Banking | |
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| Insurance | |
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| Forex | |
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| MF SIP Investment | |
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| Equity SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | Mutual Funds and Insurance |
Order Type - Compare TradePlusOnline 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) - TradePlusOnline 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) - TradePlusOnline 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- TradePlusOnline offers Good Till Cancelled (GTC) orders where MasterTrust doesn't support Good Till Cancelled (GTC) orders.
| Order Type Compare | TradePlusOnline | MasterTrust |
|---|---|---|
| CNC order | |
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| MIS order | |
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| NRML order | |
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| Cover order | |
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| Bracket order | |
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| AMO-After Market Orders | |
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| GTC-Good Till Cancelled | |
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Compare TradePlusOnline 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 | TradePlusOnline | MasterTrust |
|---|---|---|
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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| Customer Care Number
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044-49427500 / 080 37017382 | Info Not Available |
| Account Opening Process
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Online/Paperless | Info Not Available |
| Customer Support Email
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[email protected] | Info Not Available |
| Knowledge Center/Education
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http://support.tradeplusonline.com/support/solutions | Info Not Available |
| Head Office Address
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Tradeplus Online, Ganga Griha 4th & 5 th Floor, No.9 (old No. 6D) Nungambakkam High Road Nungambakkam Chennai - 600 034 |
Info Not Available |
| Website
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https://tradeplusonline.com | Info Not Available |
Compare TradePlusOnline with MasterTrust on research reports and tips provided by the broker.
| TradePlusOnline | MasterTrust | |
|---|---|---|
| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Compare TradePlusOnline 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 MasterTrust is ₹300 pa (Second Year Onwards) where for TradePlusOnline is A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients..
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 TradePlusOnline is Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- 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
| TradePlusOnline | MasterTrust | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
86500 | No |
| Demat Account Annual Maintenance Charges(AMC) | A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients. | ₹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) | Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction. | ₹50 |
| Demat | A) Rs.50/- per DRF (upto five Certificates) More than 5 certificates Rs.5/ per certificate Plus Rs.50/- (Minimum Charges) B) For NRI Clients Rs. 200/- Per DRF (upto five Certificates) More than 5 certificates Rs.30/- per certificate Plus Rs.200/- (Minimum Charges) C) Demat Rejection ? Rs.35/- per rejection(upto 5 certificate) More than 5 certificates Rs.3/- + Rs.35/- (Minimum charges) D) Conversion Request - A) Rs.50/- per CRF B) For NRI Clients Rs. 200/- Per CRF | ₹3 per certificate + ₹20 per request |
| Remat | Rs. 15/- for every hundred shares or part there of subject to Maximum fee of Rs.5,00,000/- or a flat fee of Rs.15/- per certificate whichever is higher plus handling charges Rs.50/-. No remat charges for Govt. Securities. | ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) |
| Pledge Creation | 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction | ₹50 |
| Pledge Creation Confirmation | NIL | Nil |
| Pledge Closure | 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction | ₹25 |
| Pledge Closure Confirmation | NIL | Nil |
| Pledge Invocation | 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction | ₹25 |
| Failed Instruction Charges | Rs.15.00 Per Transaction. | ₹20 |
| Other Charges | 1) Securities Borrowing Rs. 50/- Per Transaction 2) Rs..100/ for every Change of Address/Bank details.and Rs.50/- for every email and mobile change request.3) Market Buying,(Receipts) Off Market Credit & Inter Depository Receipts = NIL Charges. | Nil |
Compare TradePlusOnline with MasterTrust on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| TradePlusOnline | MasterTrust | |
|---|---|---|
| Pay In and Pay Out Options
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Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque. Pay-out/Fund Withdrawal - Bank Transfer only |
Info Not Available |
| Payout Time
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Upto 24 Hrs except Bank Holidays. | Info Not Available |
| Bank Supported and Charges
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Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms. | Info Not Available |
| Bank Detail | NAVIA MARKETS LIMITED, Account Number:ZNACOMTPXXXXXXXX Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI Account Type: Current Account IFSC Code: INDB0000007 |
Info Not Available |
| Likes |
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| Dislikes |
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Brokerage not displayed online, Not a 3 in 1 account, high transaction charges. |
| Special Offers/Promo | ||
| Enquiry | Open Zerodha Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2024-04-18T00:11:40+00:00
