Compare 3 Brokers

Karvy Vs MasterTrust: Which one is better?

The brokerage of Karvy ranges between 0.03 to 0.3% while the brokerage of MasterTrust ranges between 0.01 to .1%. Both the brokers are Full Service brokers. Karvy is having overall higher rating compare to MasterTrust. Karvy is rated 4 out of 5 where MasterTrust is rated only 3 out of 5.

Here we present side-by-side comparison of Karvy 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 Karvy 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 Karvy 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 Karvy 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 Karvy vs MasterTrust on Service

  Karvy Compare
Karvy
MasterTrust Compare
MasterTrust
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE,BSE,MCX-SX,MCX,NCDEX NSE,BSE,MCX-SX,MCX,NCDEX
Active Clients 51,878
Broker Overview One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory. mastertrust offers online investors the wide variety of tools and services they need to succeed, and for investors seeking guidance, mastertrustís 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 Karvy. 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.
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Account Opening Charges and AMC

Compare Karvy vs MasterTrust on Trading & Demat Account Opening Charges

Comparison of Karvy with MasterTrust on trading & demat account opening charges and AMC. Trading account opening charges - Karvy offer Free account opening where MasterTrust charges Rs 555 for account opening. Demat AMC charges - Karvy charges Rs 500 PA AMC for Demat account where MasterTrust charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Karvy with MasterTrust
Charges Karvy MasterTrust
Trading Account Opening Fees Free Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Karvy vs MasterTrust on Plan Options

Plans are the most important feature you look when compare Karvy 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.

Compare Karvy with MasterTrust on Plan Options
Plan Types Karvy MasterTrust
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Karvy MasterTrust
Account Opening Request
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Brokerage Charges

Compare Karvy vs MasterTrust on Brokerage Charges

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

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 Karvy with MasterTrust
Brokerage Charges Compare Karvy MasterTrust
Plan Name Basic Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.3% or 30 paisa 0.1% or 10 paisa
Equity Intraday 0.03% or 3 paisa 0.01% or 1 paisa
Equity Futures 0.03% or 3 paisa 0.01% or 1 paisa
Equity Options Rs 50 Per Lot Rs 10 Per Lot
Currency Futures 0.03% or 3 paisa 0.01% or 1 paisa
Currency Options Rs 50 Per Lot Rs 5 Per Lot
Commodity Trading 0.03% or 3 paisa 0.01% or 1 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Call 18004198283 number for Call and Trade, SMS Order faclity also available Info Not Available
Brokerage Calculator Brokerage Calculator for Karvy Brokerage Calculator for MasterTrust
SPAN Margin Calculator SPAN Margin Calculator for Karvy SPAN Margin Calculator for MasterTrust
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Share Broker's Transaction Charges

Compare Karvy vs MasterTrust on Transaction Charges

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

Transaction Charges - Compare Karvy with MasterTrust
Transaction Charges Compare Karvy MasterTrust
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for karvy Complete Brokerage Plans for mastertrust
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Account Features

Compare Karvy vs MasterTrust on Account Features

Compare Karvy 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 Karvy doesn't offers margin funding. NRI Trading - MasterTrust offers NRI where Karvy doesn't offers NRI Trading.

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

Compare Karvy vs MasterTrust on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Karvy 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 Karvy with MasterTrust
Trading Platform Compare Karvy MasterTrust
Desktop Trading Platform Karvy NESTTrader 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 https://trade.karvyonline.com/KARVY/Login/indexauth.jsp http://direct.mastermarts.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App KarvyOnline mastermobile
Mobile Trading App Demo KarvyOnline Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod KarvyOnline Download Andriod mastermobile Download
iPhone Mobile App (IOS) No No
iOS App Download iOS KarvyOnline Download iOS mastermobile Download
Android Tablet App Yes Yes
iPad App (IOS) No No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Karvy Equity Intraday and Delivery Brokerage Calculator for MasterTrust
Futures Brokerage Calculator Futures Brokerage Calculator for Karvy Futures Brokerage Calculator for MasterTrust
Options Brokerage Calculator Options Brokerage Calculator for Karvy Options Brokerage Calculator for MasterTrust
Detail Detail on Trading Platforms for karvy Detail on Trading Platforms for mastertrust
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Karvy vs MasterTrust on User Rating

  Karvy MasterTrust
  3 Customer Reviews    Rate Karvy 2 Customer Reviews    Rate MasterTrust
Fees Ratings 2.7 2.0
Trading Brokerage Rating 2.3 3.0
Trading Platform Usability 2.3 2.0
Customer Service Ratings 3.7 1.5
Overall Ratings Rated 2.7 stars Rated 1.5 stars
Broker Rating Karvy is Rated 2.7 / 5 based on 3 customer reviews MasterTrust is Rated 1.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Karvy vs MasterTrust on Investment Offerings

Compare Karvy 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) - Karvy provide PMS Service where MasterTrust doesn't offer

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

Compare Karvy vs MasterTrust on Order Types

Order Type - Compare Karvy 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) - Karvy 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) - Karvy 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)- MasterTrust offers After market orders where Karvy doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Karvy with MasterTrust
Order Type Compare Karvy MasterTrust
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders No Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare Karvy vs MasterTrust on Margin/Leverage

Compare Karvy with MasterTrust on Exposure/Margin offered by the 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 Karvy with MasterTrust
Margin Product Compare Karvy MasterTrust
Equity Delivery Margin Karvy vs MasterTrust - Equity Delivery Margin Up to 4x leverage for equity delivery. Info Not Available
Equity Intraday Margin Karvy vs MasterTrust - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Up to 10x or 10% subject to Var and ELM.
Futures Margin Karvy vs MasterTrust - Futures Margin 1x means actual SPAN + Exposure. 1x means actual SPAN + Exposure.
Options Margin Karvy vs MasterTrust - Options Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Equity CO Margin Karvy vs MasterTrust - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin Karvy vs MasterTrust - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin Karvy vs MasterTrust - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin Karvy vs MasterTrust - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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Customer Service Offered

Compare Karvy vs MasterTrust on Customer Service

Compare Karvy 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 Karvy with MasterTrust
Customer Service Compare Karvy MasterTrust
24/7 Customer Service Karvy vs MasterTrust - 24x7 customer support No No
Email Support Karvy vs MasterTrust - Email Support Yes Yes
Onine Live Chat Karvy vs MasterTrust - Onine Live Chat No Yes
Phone Support Karvy vs MasterTrust - Phone Support Yes Yes
Toll Free Number Karvy vs MasterTrust - Toll Free Number Yes Yes
Through Branches Karvy vs MasterTrust - Through Branches Yes Yes
Customer Care Number Karvy vs MasterTrust - Customer Care Number 18004198283/7093706007/18004198283 Info Not Available
Account Opening Process Karvy vs MasterTrust - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Karvy vs MasterTrust - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Karvy vs MasterTrust - Knowledge Center/Education https://www.karvyonline.com/knowledge-center/index Info Not Available
Head Office Address Karvy vs MasterTrust - Head Office Address/Corporate Address Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Info Not Available
Website Karvy vs MasterTrust - Company Website www.karvyonline.com Info Not Available
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Tips/Research/Reports Published

Compare Karvy vs MasterTrust on Research Reports, Tips

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

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

Compare Karvy vs MasterTrust on Demat Account

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

Demat Charges - Compare Karvy with MasterTrust
  Karvy MasterTrust
DP Source CDSL CDSL
DP ID Karvy vs MasterTrust - DP ID 33200 No
Demat Account Annual Maintenance Charges(AMC) ₹365 pa ₹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) ₹15 per transaction ₹50
Demat ₹5 per certificate + ₹40 courier charges ₹3 per certificate + ₹20 per request
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹50
Pledge Creation Confirmation 0.03% of transaction value (Min ₹100 and Max ₹5k) Nil
Pledge Closure 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹25
Pledge Closure Confirmation 0.03% of transaction value (Min ₹100 and Max ₹5k) Nil
Pledge Invocation 0.03% of transaction value (Min ₹100 and Max ₹5k) ₹25
Failed Instruction Charges ₹100 ₹20
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Karvy vs MasterTrust on Special Offers and Promotion

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

Compare Karvy vs MasterTrust on Special Offers and Promotion
  Karvy MasterTrust
Pay In and Pay Out Options Karvy 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 Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Karvy vs MasterTrust - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Karvy vs MasterTrust - Bank Supported and Charges Around 40+ bank are prefered parter with Karvy Stock Broking. Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

Customer centric, leading-edge technology, top-notch research team, professional management and a wide network of offices across India.

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
  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

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

Detail Review...

Special Offers/Promo
Enquiry Enquire about Karvy Enquire about MasterTrust

Last Updated on 2020-04-07T10:51:20+00:00


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