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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||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 ...|
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 Account Opening Fees||Rs 750||Rs 555|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA||Rs 300 PA|
|Provide DP Service|
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.
|Plan Types||Kotak Securities||MasterTrust|
|Account Opening Request|
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||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|
Compare Kotak Securities with MasterTrust on transaction charges and PCM fee by segment.
|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|
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 Compare||Kotak Securities||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||Trading software terminal: Keat Pro X||NIL|
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||MasterTrust|
|Desktop Trading Platform||KEAT Pro X||OMNESYS NEST|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|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 Trading App||Kotak Stock Trader||mastermobile|
|Mobile Trading App Demo||Kotak Stock Trader Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Kotak Stock Trader Download||Andriod mastermobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Kotak Stock Trader Download||iOS mastermobile Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|79 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||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 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 Type Compare||Kotak Securities||MasterTrust|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Kotak Securities||MasterTrust|
|Equity Delivery Margin||Upto 5x via Margin Funding.||Info Not Available|
|Equity Intraday Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Info Not Available|
|Futures Margin||Upto 7x leverage for equity vis script multiple, 3x for margin funding.||Info Not Available|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Info Not Available|
|Equity CO Margin||Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple.||Info Not Available|
|Futures CO Margin||Upto 50x margin/leverage in CO via Super Multiple.||Info Not Available|
|Options CO Margin||Info Not Available||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
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 Service Compare||Kotak Securities||MasterTrust|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18002099191/1800222299/18002099292||Info Not Available|
|Account Opening Process||Offline||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs||Info Not Available|
|Head Office Address||27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
|Info Not Available|
|Website||https://www.kotaksecurities.com||Info Not Available|
Compare Kotak Securities with MasterTrust on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Kotak Securities with MasterTrust on Demat Service and Charges. This section cover about demat charges, demat service and other details
|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|
|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|
Compare Kotak Securities 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 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||Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank.||Info Not Available|
|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|
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 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