Compare 3 Brokers

Kotak Securities Vs MasterTrust: Which one is better?

The brokerage of Kotak Securities ranges between .049 to .49% while the brokerage of MasterTrust ranges between 0.01 to .1%. Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to MasterTrust. Kotak Securities is rated 4 out of 5 where MasterTrust is rated only 3 out of 5.

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

  Kotak Securities Compare
Kotak Securities
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? BSE, NSE, MCX-SX, MCX, NCDEX NSE,BSE,MCX-SX,MCX,NCDEX
Broker Overview Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders. 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 Kotak Securities. 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 Kotak Securities vs MasterTrust on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities with MasterTrust on trading & demat account opening charges and AMC. Trading account opening charges - Kotak Securities charges Rs 750 for account opening where MasterTrust charges Rs 555 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where MasterTrust charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with MasterTrust
Charges Kotak Securities MasterTrust
Trading Account Opening Fees Rs 750 Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Kotak Securities vs MasterTrust on Plan Options

Plans are the most important feature you look when compare Kotak Securities 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 Kotak Securities with MasterTrust on Plan Options
Plan Types Kotak Securities MasterTrust
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Kotak Securities MasterTrust
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs MasterTrust on Brokerage Charges

Kotak Securities Brokerage Plan detail - This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.

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 Kotak Securities with MasterTrust
Brokerage Charges Compare Kotak Securities MasterTrust
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.49% or 49 paisa 0.1% or 10 paisa
Equity Intraday 0.049% or 5 paisa 0.01% or 1 paisa
Equity Futures 0.049% or 5 paisa 0.01% or 1 paisa
Equity Options Rs 300 Per Lot Rs 10 Per Lot
Currency Futures .02% or Rs. 10 per lot whichever is higher 0.01% or 1 paisa
Currency Options Rs 10 Per Lot Rs 5 Per Lot
Commodity Trading NA 0.01% or 1 paisa
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges 20 calls Free and after that Rs 20 per call Info Not Available
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for MasterTrust
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for MasterTrust
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Share Broker's Transaction Charges

Compare Kotak Securities vs MasterTrust on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with MasterTrust
Transaction Charges Compare Kotak Securities 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 NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for mastertrust
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Account Features

Compare Kotak Securities vs MasterTrust on Account Features

Compare Kotak Securities with MasterTrust on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities offers 3-in-1 account where MasterTrust offers only 2-in-1 account which includes trading and demat account. Algo Trading - MasterTrust offers Algo Trading where Kotak Securities doesn't offers Algo Trading. Margin Funding - MasterTrust offers margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Kotak Securities with MasterTrust
Account Features Compare Kotak Securities MasterTrust
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes 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 Yes Yes
Other Features Trading software terminal: Keat Pro X NIL
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Trading Platform

Compare Kotak Securities vs MasterTrust on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities 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 Kotak Securities with MasterTrust
Trading Platform Compare Kotak Securities MasterTrust
Desktop Trading Platform KEAT Pro X 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://www.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat http://direct.mastermarts.com/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader mastermobile
Mobile Trading App Demo Kotak Stock Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod mastermobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Kotak Stock Trader Download iOS mastermobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for MasterTrust
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for MasterTrust
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for MasterTrust
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for mastertrust

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Broker Ratings by Users

Compare Kotak Securities vs MasterTrust on User Rating

  Kotak Securities MasterTrust
  79 Customer Reviews    Rate Kotak Securities 2 Customer Reviews    Rate MasterTrust
Fees Ratings 2.6 2.0
Trading Brokerage Rating 2.7 3.0
Trading Platform Usability 3.2 2.0
Customer Service Ratings 3.1 1.5
Overall Ratings Rated 2.8 stars Rated 1.5 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews MasterTrust is Rated 1.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Kotak Securities vs MasterTrust on Investment Offerings

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

Compare Kotak Securities vs MasterTrust on Order Types

Order Type - Compare Kotak Securities 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) - Kotak Securities 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) - Kotak Securities 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- Kotak Securities offers Good Till Cancelled (GTC) orders where MasterTrust doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Kotak Securities with MasterTrust
Order Type Compare Kotak Securities 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
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Margin/Leverage

Compare Kotak Securities vs MasterTrust on Margin/Leverage

Comapre Kotak Securities 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 Kotak Securities with MasterTrust
Margin Product Compare Kotak Securities MasterTrust
Equity Delivery Margin Kotak Securities vs MasterTrust - Equity Delivery Margin Upto 5x via Margin Funding. Info Not Available
Equity Intraday Margin Kotak Securities vs MasterTrust - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Futures Margin Kotak Securities vs MasterTrust - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Options Margin Kotak Securities vs MasterTrust - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Info Not Available
Equity CO Margin Kotak Securities vs MasterTrust - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Info Not Available
Futures CO Margin Kotak Securities vs MasterTrust - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Info Not Available
Options CO Margin Kotak Securities vs MasterTrust - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs MasterTrust - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Kotak Securities vs MasterTrust on Customer Service

Compare Kotak Securities 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 Kotak Securities with MasterTrust
Customer Service Compare Kotak Securities MasterTrust
24/7 Customer Service Kotak Securities vs MasterTrust - 24x7 customer support No No
Email Support Kotak Securities vs MasterTrust - Email Support Yes Yes
Onine Live Chat Kotak Securities vs MasterTrust - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs MasterTrust - Phone Support Yes Yes
Toll Free Number Kotak Securities vs MasterTrust - Toll Free Number Yes Yes
Through Branches Kotak Securities vs MasterTrust - Through Branches Yes Yes
Customer Care Number Kotak Securities vs MasterTrust - Customer Care Number 18002099191/1800222299/18002099292 Info Not Available
Account Opening Process Kotak Securities vs MasterTrust - Account Opening Process Offline Info Not Available
Customer Support Email Kotak Securities vs MasterTrust - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Kotak Securities vs MasterTrust - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs Info Not Available
Head Office Address Kotak Securities vs MasterTrust - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Info Not Available
Website Kotak Securities vs MasterTrust - Company Website https://www.kotaksecurities.com Info Not Available
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Tips/Research/Reports Published

Compare Kotak Securities vs MasterTrust on Research Reports, Tips

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

Research Reports - Compare Kotak Securities with MasterTrust
  Kotak Securities MasterTrust
Research Mutual Funds Kotak Securities vs MasterTrust - Research Mutual Funds Yes Yes
Research Equity Reports Kotak Securities vs MasterTrust - Research Equity Reports Yes Yes
Research ETF Kotak Securities vs MasterTrust - Research ETF Yes Yes
Daily Market Report Kotak Securities vs MasterTrust - Daily Market Report Yes Yes
Free Tips Kotak Securities vs MasterTrust - Free Tips Yes Yes
Quarterly Result Analysis Kotak Securities vs MasterTrust - Quarterly Results Yes Yes
News Alerts Kotak Securities vs MasterTrust - Yes Yes
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Demat Account

Compare Kotak Securities vs MasterTrust on Demat Account

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

Demat Charges - Compare Kotak Securities with MasterTrust
  Kotak Securities MasterTrust
DP Source CDSL CDSL
DP ID Kotak Securities vs MasterTrust - DP ID 49200 No
Demat Account Annual Maintenance Charges(AMC) Individual (Resident)-RESIDENT -Rs. 65 pm for upto 10 debit transactions. Rs.50 pm for 11 to 30 debit transactions. Rs. 35 pm for more than 30 debit transactions. (Plus applicable taxes) NRI-Rs.75/- pm Corporate (Resident)-Rs 100/- pm Corporate (NRI)-Rs.125/-pm AMC Charges for BSDA Account Rs. 100/- per annum (if DP value is more than Rs. 50,000/- and less than 2 lacs) Zero (if DP value is less than Rs. 50,000/-) 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 NA 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 NA NIL
Transaction Charges on Debit (Per ISIN) Individual: For Regular ( Non BSDA Accounts ) On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). For BSDA Accounts On Market /Off Market 0.06% of the value of securities or Minimum Rs. 44.50 (Plus CDSL charges as applicable + applicable taxes) Corporate :- On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). 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 Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request. 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 Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/- 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 Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- Rs.50/- in Scheme B ,LF and Scheme 800. Rs. 40/- in Scheme A Rs. 100/- in Scheme BSDA
Pledge Creation Confirmation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- NIL
Pledge Closure Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- Rs. 25/- in Scheme B ,LF and Scheme 800. Rs. 20/- in Scheme A Rs. 50/- in Scheme BSDA
Pledge Closure Confirmation Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- NIL
Pledge Invocation Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/- Rs. 25/- in Scheme B ,LF and Scheme 800. Rs. 20/- in Scheme A Rs. 50/- in Scheme BSDA
Failed Instruction Charges Nil Rs. 20/- per instruction
Other Charges Nil 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

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs MasterTrust on Special Offers and Promotion

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

Compare Kotak Securities vs MasterTrust on Special Offers and Promotion
  Kotak Securities MasterTrust
Pay In and Pay Out Options Kotak Securities vs MasterTrust - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time Kotak Securities vs MasterTrust - Payout Time Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank. Info Not Available
Bank Supported and Charges Kotak Securities vs MasterTrust - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Info Not Available
Bank Detail Direct from your Kotak Mahindra bank account. Info Not Available
Likes
  • 3 in 1 Account.
  • News and market updates, portfolio tracker, Research Reports, SMS Alerts.
  • Robust trading software KEAT Pro.
  • After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.

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
  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

Detail Review...

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

Detail Review...

Special Offers/Promo Get Kotak Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Enquire about Kotak Securities Enquire about MasterTrust

Last Updated on 2019-07-09T00:00:54+00:00







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