Compare 3 Brokers

MasterTrust Vs Nirmal Bang: Which one is better?

The brokerage of MasterTrust ranges between 0.01 to .1% while the brokerage of Nirmal Bang ranges between .02% to .20%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3 out of 5.

Here we present side-by-side comparison of MasterTrust vs Nirmal Bang share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared MasterTrust vs Nirmal Bang'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 MasterTrust vs Nirmal Bang on Service

  MasterTrust Compare
MasterTrust
Nirmal Bang Compare
Nirmal Bang
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 BSE, NSE, MCX, NCDEX
Broker Overview 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 Nirmal Bang empowers you with world-renowned research reports, finest trading platform, IPO investment, portfolio management services and so on for successful investment and trading comforts.
Broker Enquiry Open an Online Trading Account with MasterTrust. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Nirmal Bang. Leave your contact info and we will get in touch with you.
Expand

Account Opening Charges and AMC

Compare MasterTrust vs Nirmal Bang on Trading & Demat Account Opening Charges

In this section we have compared MasterTrust with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Nirmal Bang offer Free account opening where MasterTrust charges Rs 555 for account opeing. Demat AMC charges - MasterTrust charges Rs 300 PA AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MasterTrust with Nirmal Bang
Charges MasterTrust Nirmal Bang
Trading Account Opening Fees Rs 555 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 200 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare MasterTrust vs Nirmal Bang on Plan Options

Plans are the most important feature you look when compare MasterTrust with Nirmal Bang. 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 MasterTrust with Nirmal Bang on Plan Options
Plan Types MasterTrust Nirmal Bang
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  MasterTrust Nirmal Bang
Account Opening Request
Expand

Brokerage Charges

Compare MasterTrust vs Nirmal Bang on Brokerage Charges

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.

Nirmal Bang Brokerage Plan detail - This is a standard plan by Nirmal Bang.This is % based brokerage plan.

Brokerage Charges - Compare MasterTrust with Nirmal Bang
Brokerage Charges Compare MasterTrust Nirmal Bang
Plan Name Basic Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.1% or 10 paisa 0.2% or 20 paisa
Equity Intraday 0.01% or 1 paisa 0.02% or 2 paisa
Equity Futures 0.01% or 1 paisa 0.02% or 2 paisa
Equity Options Rs 10 Per Lot Rs 100 Per Lot
Currency Futures 0.01% or 1 paisa 0.02% or 2 paisa
Currency Options Rs 5 Per Lot Rs 20 Per Lot
Commodity Trading 0.01% or 1 paisa 0.02% or 2 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 MasterTrust Brokerage Calculator for Nirmal Bang
SPAN Margin Calculator SPAN Margin Calculator for MasterTrust SPAN Margin Calculator for Nirmal Bang
Expand

Share Broker's Transaction Charges

Compare MasterTrust vs Nirmal Bang on Transaction Charges

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

Transaction Charges - Compare MasterTrust with Nirmal Bang
Transaction Charges Compare MasterTrust Nirmal Bang
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 mastertrust Complete Brokerage Plans for nirmal-bang
Expand

Account Features

Compare MasterTrust vs Nirmal Bang on Account Features

Compare MasterTrust with Nirmal Bang 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 tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - MasterTrust offers NRI where Nirmal Bang doesn't offers NRI Trading.

Account Features - MasterTrust with Nirmal Bang
Account Features Compare MasterTrust Nirmal Bang
3 in 1 Account No MasterTrust have 2-in-1 account. Only Demate and Trading account. No MasterTrust 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 No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
Expand

Trading Platform

Compare MasterTrust vs Nirmal Bang on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MasterTrust and Nirmal Bang. 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 MasterTrust with Nirmal Bang
Trading Platform Compare MasterTrust Nirmal Bang
Desktop Trading Platform OMNESYS NEST ODIN Diet
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 http://direct.mastermarts.com/ https://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App mastermobile Beyond
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod mastermobile Download Andriod Beyond Download
iPhone Mobile App (IOS) No No
iOS App Download iOS mastermobile Download iOS Beyond Download
Android Tablet App Yes Yes
iPad App (IOS) No No
Trading Software Charges Info Not Available Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MasterTrust Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang
Futures Brokerage Calculator Futures Brokerage Calculator for MasterTrust Futures Brokerage Calculator for Nirmal Bang
Options Brokerage Calculator Options Brokerage Calculator for MasterTrust Options Brokerage Calculator for Nirmal Bang
Detail Detail on Trading Platforms for mastertrust Detail on Trading Platforms for nirmal-bang

Expand

Broker Ratings by Users

Compare MasterTrust vs Nirmal Bang on User Rating

  MasterTrust Nirmal Bang
  2 Customer Reviews    Rate MasterTrust 2 Customer Reviews    Rate Nirmal Bang
Fees Ratings 2.0 3.5
Trading Brokerage Rating 3.0 4.0
Trading Platform Usability 2.0 3.0
Customer Service Ratings 1.5 3.5
Overall Ratings Rated 1.5 stars Rated 3.5 stars
Broker Rating MasterTrust is Rated 1.5 / 5 based on 2 customer reviews Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews
Expand

Investment Offerings

Compare MasterTrust vs Nirmal Bang on Investment Offerings

Compare MasterTrust with Nirmal Bang 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 - both brokers offers trading options in Commodity (MCX). 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 MasterTrust with Nirmal Bang
Investment Offerings Compare MasterTrust Nirmal Bang
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 No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options Mutual Funds and Insurance NIL
Expand

Order Types

Compare MasterTrust vs Nirmal Bang on Order Types

Order Type - Compare MasterTrust with Nirmal Bang 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) - both brokers 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 brokers 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 facility. The orders are send to exchange on the next trading day. GTC Orders- both brokers doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare MasterTrust with Nirmal Bang
Order Type Compare MasterTrust Nirmal Bang
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre No No
Bracket Ordre No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
Expand

Margin/Leverage

Compare MasterTrust vs Nirmal Bang on Margin/Leverage

Comapre MasterTrust with Nirmal Bang 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 MasterTrust with Nirmal Bang
Margin Product Compare MasterTrust Nirmal Bang
Equity Delivery Margin MasterTrust vs Nirmal Bang - Equity Delivery Margin Info Not Available Info Not Available
Equity Intraday Margin MasterTrust vs Nirmal Bang - Equity Intraday Margin Info Not Available Info Not Available
Futures Margin MasterTrust vs Nirmal Bang - Futures Margin Info Not Available Info Not Available
Options Margin MasterTrust vs Nirmal Bang - Options Margin Info Not Available Info Not Available
Equity CO Margin MasterTrust vs Nirmal Bang - Equity CO Margin Info Not Available Info Not Available
Futures CO Margin MasterTrust vs Nirmal Bang - Futures CO Margin Info Not Available Info Not Available
Options CO Margin MasterTrust vs Nirmal Bang - Options CO Margin Info Not Available Info Not Available
Commodity Margin MasterTrust vs Nirmal Bang - Commodity Margin Info Not Available Info Not Available
Expand

Customer Service Offered

Compare MasterTrust vs Nirmal Bang on Customer Service

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

Tips/Research/Reports Published

Compare MasterTrust vs Nirmal Bang on Research Reports, Tips

Compare MasterTrust with Nirmal Bang on research reports and tips provided by broker.

Research Reports - Compare MasterTrust with Nirmal Bang
  MasterTrust Nirmal Bang
Research Mutual Funds MasterTrust vs Nirmal Bang - Research Mutual Funds Yes Yes
Research Equity Reports MasterTrust vs Nirmal Bang - Research Equity Reports Yes Yes
Research ETF MasterTrust vs Nirmal Bang - Research ETF Yes Yes
Daily Market Report MasterTrust vs Nirmal Bang - Daily Market Report Yes Yes
Free Tips MasterTrust vs Nirmal Bang - Free Tips Yes Yes
Quarterly Result Analysis MasterTrust vs Nirmal Bang - Quarterly Results Yes Yes
News Alerts MasterTrust vs Nirmal Bang - Yes Yes
Expand

Demat Account

Compare MasterTrust vs Nirmal Bang on Demat Account

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

Demat Charges - Compare MasterTrust with Nirmal Bang
  MasterTrust Nirmal Bang
DP Source CDSL CDSL
DP ID MasterTrust vs Nirmal Bang - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa (Second Year Onwards) ₹200 pa or ₹1000 for life time amc
Advance Deposit Rs. 2500/- for Scheme A Rs. 555/- for Scheme LF (For Individuals ony) for Lime time AMC Free. Rs. 800/- for scheme 800 NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹50 0.03% of the transaction value (Min ₹15)
Demat ₹3 per certificate + ₹20 per request ₹40 per demat requets + ₹40 for additional 50 certificate
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) 0.04% of the value or ₹15 per certificate (whichever is higher)
Pledge Creation ₹50 0.02% of the transaction value (Min ₹100)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 0.02% of the transaction value (Min ₹100)
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 0.02% of the transaction value (Min ₹100)
Failed Instruction Charges ₹20 Nil
Other Charges Nil Nil

Expand

Special Offers,Advantages,Disadvantages

Compare MasterTrust vs Nirmal Bang on Special Offers and Promotion

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

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

Great customer support, 500+ Sub Brokers, Fundamental and Technical Research, branch office, call and trade facility, SMS and email alerts.

Detail Review...

Great customer support, PAN India presence, research reports, branch offices, free call and trade facility.

Detail Review...

Dislikes

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

Detail Review...

Minimum brokerage charges, charges for charts & technical analysis software.

Detail Review...

Special Offers/Promo
Enquiry Enquire about MasterTrust Enquire about Nirmal Bang

Last Updated on 2019-07-08T23:34:39+00:00







Search topsharebrokers.com:

Translate topsharebrokers.com: