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
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.
|Broker Type||Full Service Broker||Full Service Broker|
|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 ...|
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 Account Opening Fees||Free||Rs 555|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 500 PA||Rs 300 PA|
|Provide DP Service|
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.
|Account Opening Request|
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||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|
|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|
Compare Karvy with MasterTrust on transaction charges and PCM fee by segment.
|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|
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 Compare||Karvy||MasterTrust|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15PM|
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||MasterTrust|
|Desktop Trading Platform||Karvy NESTTrader||OMNESYS NEST|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|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 Trading App||KarvyOnline||mastermobile|
|Mobile Trading App Demo||KarvyOnline Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod KarvyOnline Download||Andriod mastermobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS KarvyOnline 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 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|
|3 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Karvy is Rated 2.7 / 5 based on 3 customer reviews||MasterTrust is Rated 1.5 / 5 based on 2 customer reviews|
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||MasterTrust|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Insurance||Mutual Funds and Insurance|
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 Type Compare||Karvy||MasterTrust|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Karvy||MasterTrust|
|Equity Delivery Margin||Up to 4x leverage for equity delivery.||Info Not Available|
|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||1x means actual SPAN + Exposure.||1x means actual SPAN + Exposure.|
|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||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||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||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||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
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 Service Compare||Karvy||MasterTrust|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18004198283/7093706007/18004198283||Info Not Available|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://www.karvyonline.com/knowledge-center/index||Info Not Available|
|Head Office Address||Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Hyderabad - 500 034
|Info Not Available|
|Website||www.karvyonline.com||Info Not Available|
Compare Karvy with MasterTrust on research reports and tips provided by the broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Karvy with MasterTrust on Demat Service and Charges. This section covers about demat charges, demat service and other details
|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|
|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|
Compare Karvy with MasterTrust on the general features, advantages, disadvantages, payout 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 Karvy Broking Trading Platform.
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||Around 40+ bank are prefered parter with Karvy Stock Broking.||Info Not Available|
|Bank Detail||Info Not Available||Info Not Available|
Customer centric, leading-edge technology, top-notch research team, professional management and a wide network of offices across India.
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.
|Enquiry||Enquire about Karvy||Enquire about MasterTrust|
Last Updated on 2020-04-07T10:51:20+00:00