Compare 3 Brokers

Fyers Vs MasterTrust: Which one is better?

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.

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.

Compare Fyers vs MasterTrust on Service

  Fyers Compare
Fyers
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? NSE NSE,BSE,MCX-SX,MCX,NCDEX
Broker Overview Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment. 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 Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you. Open an Online Trading Account with MasterTrust. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

Compare Fyers vs MasterTrust on Trading & Demat Account Opening Charges

In this section we have compared 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 opeing. Demat AMC charges - Fyers charges Rs 400 PA AMC for Demat account where MasterTrust charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Fyers with MasterTrust
Charges Fyers MasterTrust
Trading Account Opening Fees Free Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 300 PA
Provide DP Service No Yes
Expand

About Brokerage Plans

Compare Fyers vs MasterTrust on Plan Options

Plans are the most important feature you look when compare Fyers with MasterTrust. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - Both the brokers don't have Monthly Plans.

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

Account Opening Request

Account Opening

  Fyers MasterTrust
Account Opening Request
Expand

Brokerage Charges

Compare Fyers vs MasterTrust on Brokerage Charges

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 with MasterTrust
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 0.01% or Rs 20 whichever is lower 0.01% or 1 paisa
Equity Futures 0.01% or Rs 20 whichever is lower 0.01% or 1 paisa
Equity Options Flat Fee Rs 20 Rs 10 Per Lot
Currency Futures 0.01% or Rs 20 whichever is lower 0.01% or 1 paisa
Currency Options Flat Fee Rs 20 Rs 5 Per Lot
Commodity Trading NA 0.01% or 1 paisa
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding No Info Not Available
Call & Trade Charges Rs 20 Per Order Info Not Available
Brokerage Calculator Brokerage Calculator for Fyers Brokerage Calculator for MasterTrust
SPAN Margin Calculator SPAN Margin Calculator for Fyers SPAN Margin Calculator for MasterTrust
Expand

Share Broker's Transaction Charges

Compare Fyers vs MasterTrust on Transaction Charges

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

Transaction Charges - Compare Fyers with MasterTrust
Transaction Charges Compare Fyers MasterTrust
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 240 Per Cr Rs 190 Per Cr
Equity Options Rs 5900 Per Cr Rs 5000 Per Cr
Currency Futures Rs 175 Per Cr Rs 110 Per Cr
Currency Options Rs 6500 Per Cr Rs 4000 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
Expand

Account Features

Compare Fyers vs MasterTrust on Account Features

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 tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - MasterTrust offers margin funding where Fyers doesn't offers margin funding. NRI Trading - MasterTrust offers NRI where Fyers doesn't offers NRI Trading.

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

Trading Platform

Compare Fyers vs MasterTrust on Trading Platform

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 link for mobile app to download and demo links for easy access.

Trading Platform - Compare Fyers with MasterTrust
Trading Platform Compare Fyers MasterTrust
Desktop Trading Platform Fyers One OMNESYS NEST
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://webtrader.fyers.in/userMaster/login http://direct.mastermarts.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Fyers Markets mastermobile
Mobile Trading App Demo Fyers Markets Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Fyers Markets Download Andriod mastermobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Fyers Markets 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 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

Expand

Broker Ratings by Users

Compare Fyers vs MasterTrust on User Rating

  Fyers MasterTrust
  5 Customer Reviews    Rate Fyers 2 Customer Reviews    Rate MasterTrust
Fees Ratings 3.4 2.0
Trading Brokerage Rating 3.8 3.0
Trading Platform Usability 4.2 2.0
Customer Service Ratings 4.0 1.5
Overall Ratings Rated 3.8 stars Rated 1.5 stars
Broker Rating Fyers is Rated 3.8 / 5 based on 5 customer reviews MasterTrust is Rated 1.5 / 5 based on 2 customer reviews
Expand

Investment Offerings

Compare Fyers vs MasterTrust on Investment Offerings

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 brokers 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 Fyers doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Order Types

Compare Fyers vs MasterTrust on Order Types

Order Type - Compare Fyers with MasterTrust on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle 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 facility. The orders are send 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 Types - Compare Fyers with MasterTrust
Order Type Compare Fyers MasterTrust
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes No
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
Expand

Margin/Leverage

Compare Fyers vs MasterTrust on Margin/Leverage

Comapre Fyers with MasterTrust on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Fyers with MasterTrust
Margin Product Compare Fyers MasterTrust
Equity Delivery Margin Fyers vs MasterTrust - Equity Delivery Margin No Margin/Leverage for Equity delivery. Info Not Available
Equity Intraday Margin Fyers vs MasterTrust - Equity Intraday Margin Up to 16x leverage for equity. Info Not Available
Futures Margin Fyers vs MasterTrust - Futures Margin Up to 4x leverage for equity futures. Info Not Available
Options Margin Fyers vs MasterTrust - Options Margin Up to 4x for options selling and 1.3x for options buying. Info Not Available
Equity CO Margin Fyers vs MasterTrust - Equity CO Margin Up to 20x leverage for equity cover order. Info Not Available
Futures CO Margin Fyers vs MasterTrust - Futures CO Margin Up to 33x leverage for future cover order. Info Not Available
Options CO Margin Fyers vs MasterTrust - Options CO Margin Up to 33x leverage for options cover order. Info Not Available
Commodity Margin Fyers vs MasterTrust - Commodity Margin Info Not Available Info Not Available
Expand

Customer Service Offered

Compare Fyers vs MasterTrust on Customer Service

Compare Fyers with MasterTrust on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Fyers with MasterTrust
Customer Service Compare Fyers MasterTrust
24/7 Customer Service Fyers vs MasterTrust - 24x7 customer support No No
Email Support Fyers vs MasterTrust - Email Support Yes Yes
Onine Live Chat Fyers vs MasterTrust - Onine Live Chat No Yes
Phone Support Fyers vs MasterTrust - Phone Support Yes Yes
Toll Free Number Fyers vs MasterTrust - Toll Free Number No Yes
Through Branches Fyers vs MasterTrust - Through Branches No Yes
Customer Care Number Fyers vs MasterTrust - Customer Care Number 080 4625 1111 Info Not Available
Account Opening Process Fyers vs MasterTrust - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Fyers vs MasterTrust - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Fyers vs MasterTrust - Knowledge Center/Education https://fyers.in/faqs/ Info Not Available
Head Office Address Fyers vs MasterTrust - Head Office Address/Corporate Address Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
Info Not Available
Website Fyers vs MasterTrust - Company Website https://fyers.in/ Info Not Available
Expand

Tips/Research/Reports Published

Compare Fyers vs MasterTrust on Research Reports, Tips

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

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

Demat Account

Compare Fyers vs MasterTrust on Demat Account

Compare Fyers with MasterTrust on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Fyers with MasterTrust
  Fyers MasterTrust
DP Source CDSL CDSL
DP ID Fyers vs MasterTrust - DP ID Info Not Available No
Demat Account Annual Maintenance Charges(AMC) 400 - Individual, 500 - Non Individual Scheme A - NIL Scheme - B Ist Year Rs. 200/- p.a (Payable at the begining of the year. Rs.300/- p.a on renewal. Scheme LF - NIL Scheme BSDA - NIL Scheme 800 - Rs. 800/- per annum
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) Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders] Rs.12/- in Scheme A Rs. 16/- in Scheme B. Rs. 15/- (with in DP) and Rs. 25/- (outside DP) in Scheme LF. Mkt Delivery within DP - NIL and outside DP Rs - 25/- in Scheme 800 Rs. 50/- (with in DP) and Rs. 100/- (outside DP) in Scheme BSDA.
Demat 2 per certificate + Rs.35 courier charges Rs. 20/- per request plus Rs. 3/- per certificate for Scheme A, B, LF and Scheme 800. Rs. 50/- per request plus Rs. 10/- per certificate for Scheme BSDA.
Remat Rs 25 Rs.20/- for every 100 securities or part thereof ; or a flat fee of Rs. 20/- per certificate whichever is higher will be payable for scheme A, B ,LF and Scheme 800. Rs.50/- for every 100 securities or part thereof ; or a flat fee of Rs. 50/- per certificate whichever is higher will be payable for scheme BSDA.
Pledge Creation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Rs.50/- in Scheme B ,LF and Scheme 800. Rs. 40/- in Scheme A Rs. 100/- in Scheme BSDA
Pledge Creation Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 NIL
Pledge Closure 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Rs. 25/- in Scheme B ,LF and Scheme 800. Rs. 20/- in Scheme A Rs. 50/- in Scheme BSDA
Pledge Closure Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 NIL
Pledge Invocation 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually Rs. 25/- in Scheme B ,LF and Scheme 800. Rs. 20/- in Scheme A Rs. 50/- in Scheme BSDA
Failed Instruction Charges Rs 30 per transaction Rs. 20/- per instruction
Other Charges Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request Re-Issuance of DIS Booklet Rs. 10/- cotaining 10 leaves. Non periodic statement and other communication [email protected] Rs 20/- per mail Additional Statement of Holding/ Transaction: Rs. 2/- per page + postage In case of demat rejection postage shall be charged @ Rs 30/- for dispatch to the client for removal of objection. Any modification in client master will be charged @ Rs. 20/- per modification. In

Expand

Special Offers,Advantages,Disadvantages

Compare Fyers vs MasterTrust on Special Offers and Promotion

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

Compare Fyers vs MasterTrust on Special Offers and Promotion
  Fyers MasterTrust
Pay In and Pay Out Options Fyers vs 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 Fyers vs MasterTrust - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Fyers vs MasterTrust - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. 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
  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. Detail Review...

Great customer support, 500+ Sub Brokers, Fundamental and Technical Research, branch office, call and trade facility, SMS and email alerts.

Detail Review...

Dislikes
  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

Detail Review...

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

Detail Review...

Special Offers/Promo Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about Fyers Enquire about MasterTrust

Last Updated on 2019-07-08T01:29:09+00:00







Search topsharebrokers.com:

Translate topsharebrokers.com: