Compare 3 Brokers

Marwadi Group Vs MasterTrust: Which one is better?

The brokerage of Marwadi Group ranges between 0.06% to 0.3% while the brokerage of MasterTrust ranges between 0.01 to .1%. Both the brokers are Full Service brokers. Marwadi Group is having overall higher rating compare to MasterTrust. Marwadi Group is rated 3.5 out of 5 where MasterTrust is rated only 3 out of 5.

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

  Marwadi Group Compare
Marwadi Group
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, NCDEX,MCX-SX NSE,BSE,MCX-SX,MCX,NCDEX
Active Clients 1,11,764 50,785
Broker Overview Marwadi group empowers you with world-renowned research reports, finest trading platform, IPO investment, portfolio management services and so on for successful investment and trading comforts. 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 Marwadi Group. 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 Marwadi Group vs MasterTrust on Trading & Demat Account Opening Charges

Comparison of Marwadi Group with MasterTrust on trading & demat account opening charges and AMC. Trading account opening charges - Marwadi Group offer Free account opening where MasterTrust charges Rs 555 for account opening. Demat AMC charges - Both broker charge Rs 300 PA AMC for Demat Account.

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

Compare Marwadi Group vs MasterTrust on Plan Options

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

Account Opening

  Marwadi Group MasterTrust
Account Opening Request
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Brokerage Charges

Compare Marwadi Group vs MasterTrust on Brokerage Charges

Marwadi Group Brokerage Plan detail - This is a standard plan by Marwadi Group.This is % based brokerage plan.Brokerage is between .06% to .3%, which is 6 paisa to 30 paisa per 100 rs.

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 Marwadi Group with MasterTrust
Brokerage Charges Compare Marwadi Group 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 30 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 Info Not Available Info Not Available
Call & Trade Charges Info Not Available Info Not Available
Brokerage Calculator Brokerage Calculator for Marwadi Group Brokerage Calculator for MasterTrust
SPAN Margin Calculator SPAN Margin Calculator for Marwadi Group SPAN Margin Calculator for MasterTrust
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Share Broker's Transaction Charges

Compare Marwadi Group vs MasterTrust on Transaction Charges

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

Transaction Charges - Compare Marwadi Group with MasterTrust
Transaction Charges Compare Marwadi Group 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 marwadi-group Complete Brokerage Plans for mastertrust
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Account Features

Compare Marwadi Group vs MasterTrust on Account Features

Compare Marwadi Group 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 - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - MasterTrust offers NRI where Marwadi Group doesn't offers NRI Trading.

Account Features - Marwadi Group with MasterTrust
Account Features Compare Marwadi Group MasterTrust
3 in 1 Account No Marwadi Group have 2-in-1 account. Only Demate and Trading account. No Marwadi Group 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 Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Marwadi Group vs MasterTrust on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Marwadi Group 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 Marwadi Group with MasterTrust
Trading Platform Compare Marwadi Group MasterTrust
Desktop Trading Platform Marwadi ODIN Diet OMNESYS NEST
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://mtrade.marwadionline.com/html5/ http://direct.mastermarts.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App MSFL Connect mastermobile
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MSFL Connect Download Andriod mastermobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS MSFL Connect Download iOS mastermobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Info Not Available Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Marwadi Group Equity Intraday and Delivery Brokerage Calculator for MasterTrust
Futures Brokerage Calculator Futures Brokerage Calculator for Marwadi Group Futures Brokerage Calculator for MasterTrust
Options Brokerage Calculator Options Brokerage Calculator for Marwadi Group Options Brokerage Calculator for MasterTrust
Detail Detail on Trading Platforms for marwadi-group 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 Marwadi Group vs MasterTrust on User Rating

  Marwadi Group MasterTrust
  2 Customer Reviews    Rate Marwadi Group 2 Customer Reviews    Rate MasterTrust
Fees Ratings 2.0 2.0
Trading Brokerage Rating 2.0 3.0
Trading Platform Usability 2.0 2.0
Customer Service Ratings 1.5 1.5
Overall Ratings Rated 2.5 stars Rated 1.5 stars
Broker Rating Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews MasterTrust is Rated 1.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Marwadi Group vs MasterTrust on Investment Offerings

Compare Marwadi Group 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare Marwadi Group with MasterTrust
Investment Offerings Compare Marwadi Group 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 No No
PMS Service No No
Other Investment Options Life & General Insurance Mutual Funds and Insurance
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Order Types

Compare Marwadi Group vs MasterTrust on Order Types

Order Type - Compare Marwadi Group 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) - Both broker don't have Cover Orders (CO).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) - Both broker don't have Bracket Orders (BO).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 facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare Marwadi Group vs MasterTrust on Margin/Leverage

Compare Marwadi Group 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 Marwadi Group with MasterTrust
Margin Product Compare Marwadi Group MasterTrust
Equity Delivery Margin Marwadi Group vs MasterTrust - Equity Delivery Margin Info Not Available Info Not Available
Equity Intraday Margin Marwadi Group 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 Marwadi Group vs MasterTrust - Futures Margin 1x means actual SPAN + Exposure. 1x means actual SPAN + Exposure.
Options Margin Marwadi Group 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 Marwadi Group 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 Marwadi Group 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 Marwadi Group 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 Marwadi Group 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 Marwadi Group vs MasterTrust on Customer Service

Compare Marwadi Group 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 Marwadi Group with MasterTrust
Customer Service Compare Marwadi Group MasterTrust
24/7 Customer Service Marwadi Group vs MasterTrust - 24x7 customer support No No
Email Support Marwadi Group vs MasterTrust - Email Support Yes Yes
Onine Live Chat Marwadi Group vs MasterTrust - Onine Live Chat No Yes
Phone Support Marwadi Group vs MasterTrust - Phone Support Yes Yes
Toll Free Number Marwadi Group vs MasterTrust - Toll Free Number No Yes
Through Branches Marwadi Group vs MasterTrust - Through Branches Yes Yes
Customer Care Number Marwadi Group vs MasterTrust - Customer Care Number Info Not Available Info Not Available
Account Opening Process Marwadi Group vs MasterTrust - Account Opening Process Info Not Available Info Not Available
Customer Support Email Marwadi Group vs MasterTrust - Customer Support Email Info Not Available Info Not Available
Knowledge Center/Education Marwadi Group vs MasterTrust - Knowledge Center/Education Info Not Available Info Not Available
Head Office Address Marwadi Group vs MasterTrust - Head Office Address/Corporate Address Info Not Available Info Not Available
Website Marwadi Group vs MasterTrust - Company Website Info Not Available Info Not Available
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Tips/Research/Reports Published

Compare Marwadi Group vs MasterTrust on Research Reports, Tips

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

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

Compare Marwadi Group vs MasterTrust on Demat Account

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

Demat Charges - Compare Marwadi Group with MasterTrust
  Marwadi Group MasterTrust
DP Source CDSL CDSL
DP ID Marwadi Group vs MasterTrust - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹250 pa ₹300 pa (Second Year Onwards)
Advance Deposit NA-NA-NA-NA-NA-NA-NA-2250#-3600#-NA-NA-NA-2250#-2250#-NA-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 Nil Nil
Transaction Charges on Debit (Per ISIN) ₹25 ₹50
Demat ₹3 per certificate ₹3 per certificate + ₹20 per request
Remat ₹25 per certificate ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹50 ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 ₹25
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 ₹25
Failed Instruction Charges ₹15 ₹20
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Marwadi Group vs MasterTrust on Special Offers and Promotion

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

Compare Marwadi Group vs MasterTrust on Special Offers and Promotion
  Marwadi Group MasterTrust
Pay In and Pay Out Options Marwadi Group vs MasterTrust - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time Marwadi Group vs MasterTrust - Payout Time Info Not Available Info Not Available
Bank Supported and Charges Marwadi Group vs MasterTrust - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

Research reports, branch office.

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

No online support, Plans are not available on website, Major presence in Gujarat only.

Detail Review...

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

Detail Review...

Special Offers/Promo
Enquiry Enquire about Marwadi Group Enquire about MasterTrust

Last Updated on 2019-07-08T23:09:32+00:00


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