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.
|Broker Type||Discount Broker||Full Service Broker|
|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 ...|
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 Account Opening Fees||Free||Rs 555|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 400 PA||Rs 300 PA|
|Provide DP Service|
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.
|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||0.01% 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|
|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|
Compare Fyers with MasterTrust on transaction charges and PCM fee by segment.
|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|
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 Compare||Fyers||MasterTrust|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Free Call & trade||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 link 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||http://webtrader.fyers.in/userMaster/login||http://direct.mastermarts.com/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Fyers Markets||mastermobile|
|Mobile Trading App Demo||Fyers Markets Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Fyers Markets Download||Andriod mastermobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Fyers Markets 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|
|5 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Fyers is Rated 3.8 / 5 based on 5 customer reviews||MasterTrust is Rated 1.5 / 5 based on 2 customer reviews|
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||MasterTrust|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||Mutual Funds and Insurance|
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 Type Compare||Fyers||MasterTrust|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Fyers||MasterTrust|
|Equity Delivery Margin||No Margin/Leverage for Equity delivery.||Info Not Available|
|Equity Intraday Margin||Up to 16x leverage for equity.||Info Not Available|
|Futures Margin||Up to 4x leverage for equity futures.||Info Not Available|
|Options Margin||Up to 4x for options selling and 1.3x for options buying.||Info Not Available|
|Equity CO Margin||Up to 20x leverage for equity cover order.||Info Not Available|
|Futures CO Margin||Up to 33x leverage for future cover order.||Info Not Available|
|Options CO Margin||Up to 33x leverage for options cover order.||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
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 Service Compare||Fyers||MasterTrust|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||080 4625 1111||Info Not Available|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://fyers.in/faqs/||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 broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Fyers with MasterTrust on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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|
|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|
Compare Fyers with MasterTrust on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|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||Upto 24 Hrs except Bank Holidays.||Info Not Available|
|Bank Supported and Charges||21+ bank connected via payment gatway, Rs 10 fee for per transaction.||Info Not Available|
|Bank Detail||Fyers Securities,
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
|Info Not Available|
Great customer support, 500+ Sub Brokers, Fundamental and Technical Research, branch office, call and trade facility, SMS and email alerts.
Brokerage not displayed online, Not a 3 in 1 account, high transaction charges.
|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