Compare 3 Brokers

MasterTrust Vs ProStocks: Which one is better?

The brokerage of MasterTrust Max 0.01 to .1% per trade while the brokerage of ProStocks ranges between Rs 15. MasterTrust is a Full Service Broker where ProStocks is a Discount Broker. MasterTrust is having overall lower rating compare to ProStocks. MasterTrust is rated only 3 out of 5 where ProStocks is rated 4 out of 5.

Here we present side-by-side comparison of MasterTrust vs ProStocks 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 ProStocks'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 ProStocks on Service

  MasterTrust Compare
MasterTrust
ProStocks Compare
ProStocks
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE,BSE,MCX-SX,MCX,NCDEX NSE,BSE
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 ProStocks is a pure online stock broking firm initiated by well experienced market leaders to bring investment and trading services at the lowest possible cost without compromising on quality of trade.
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 ProStocks. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare MasterTrust vs ProStocks on Trading & Demat Account Opening Charges

In this section we have compared MasterTrust with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks 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 ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare MasterTrust with ProStocks
Charges MasterTrust ProStocks
Trading Account Opening Fees Rs 555 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare MasterTrust vs ProStocks on Plan Options

Plans are the most important feature you look when compare MasterTrust with ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks provides Multiple Plans where MasterTrust doesn't offer Monthlay Plans - ProStocks provides Monthly Plans where MasterTrust doesn't offer

Compare MasterTrust with ProStocks on Plan Options
Plan Types MasterTrust ProStocks
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No Yes
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Account Opening Request

Account Opening

  MasterTrust ProStocks
Account Opening Request
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Brokerage Charges

Compare MasterTrust vs ProStocks 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.

ProStocks Brokerage Plan detail - Rs 15, trade in any segment, fix price, no worries of volume and size of trade.Lower then Zerodha and RKSV, higher from SAS Online, but NO PCM FEE.

Brokerage Charges - Compare MasterTrust with ProStocks
Brokerage Charges Compare MasterTrust ProStocks
Plan Name Basic Trading Plan (Percentage Based) Flat Fee Rs 15 Trading Plan
Equity Delivery 0.1% or 10 paisa Flat Fee Rs 15
Equity Intraday 0.01% or 1 paisa Flat Fee Rs 15
Equity Futures 0.01% or 1 paisa Flat Fee Rs 15
Equity Options Rs 10 Per Lot Flat Fee Rs 15
Currency Futures 0.01% or 1 paisa Flat Fee Rs 15
Currency Options Rs 5 Per Lot Flat Fee Rs 15
Commodity Trading 0.01% or 1 paisa NA
Minimum Brokerage NIL NA
Hidden Charges Info Not Available No
Funding Info Not Available No
Call & Trade Charges Info Not Available Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for MasterTrust Brokerage Calculator for ProStocks
SPAN Margin Calculator SPAN Margin Calculator for MasterTrust SPAN Margin Calculator for ProStocks
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Share Broker's Transaction Charges

Compare MasterTrust vs ProStocks on Transaction Charges

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

Transaction Charges - Compare MasterTrust with ProStocks
Transaction Charges Compare MasterTrust ProStocks
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 NA
Brokerage Charges Complete Brokerage Plans for mastertrust Complete Brokerage Plans for prostocks
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Account Features

Compare MasterTrust vs ProStocks on Account Features

Compare MasterTrust with ProStocks 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 - MasterTrust offers Algo Trading where ProStocks doesn't offers Algo Trading. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - both brokers provides NRI Trading facility.

Account Features - MasterTrust with ProStocks
Account Features Compare MasterTrust ProStocks
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 No
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 Yes
Other Features NIL NIL
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Trading Platform

Compare MasterTrust vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w MasterTrust and ProStocks. 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 ProStocks
Trading Platform Compare MasterTrust ProStocks
Desktop Trading Platform OMNESYS NEST ProStocks,NSE NOW
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://www.prostocksweb.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App mastermobile ProStocks Mobile
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod mastermobile Download Andriod ProStocks Mobile Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS mastermobile Download iOS ProStocks Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for MasterTrust Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for MasterTrust Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for MasterTrust Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for mastertrust Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare MasterTrust vs ProStocks on User Rating

  MasterTrust ProStocks
  2 Customer Reviews    Rate MasterTrust 2 Customer Reviews    Rate ProStocks
Fees Ratings 2.0 4.5
Trading Brokerage Rating 3.0 4.5
Trading Platform Usability 2.0 4.0
Customer Service Ratings 1.5 3.5
Overall Ratings Rated 1.5 stars Rated 4.5 stars
Broker Rating MasterTrust is Rated 1.5 / 5 based on 2 customer reviews ProStocks is Rated 4.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare MasterTrust vs ProStocks on Investment Offerings

Compare MasterTrust with ProStocks 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 ProStocks doesn't offer. Online Mutual Fund Investment - MasterTrust offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare MasterTrust with ProStocks
Investment Offerings Compare MasterTrust ProStocks
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application No No
Mutual Funds Yes No
Bond / NCD Yes No
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
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Order Types

Compare MasterTrust vs ProStocks on Order Types

Order Type - Compare MasterTrust with ProStocks 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) - ProStocks provides 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) - 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)- MasterTrust offers After Market Orders where ProStocks doesn't offers AMO. GTC Orders- both brokers doesn't support Good Till Cancelled (GTC) orders.

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

Compare MasterTrust vs ProStocks on Margin/Leverage

Comapre MasterTrust with ProStocks 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 ProStocks
Margin Product Compare MasterTrust ProStocks
Equity Delivery Margin MasterTrust vs ProStocks - Equity Delivery Margin Info Not Available No Delivery margin.
Equity Intraday Margin MasterTrust vs ProStocks - Equity Intraday Margin Info Not Available Up to 7x leverage for equity intraday.
Futures Margin MasterTrust vs ProStocks - Futures Margin Info Not Available Up to 1.5x leverage for equity future intraday.
Options Margin MasterTrust vs ProStocks - Options Margin Info Not Available Up to 1.5x for options selling, no leverage on options buying.
Equity CO Margin MasterTrust vs ProStocks - Equity CO Margin Info Not Available Up to 10x leverage for equity cover order.
Futures CO Margin MasterTrust vs ProStocks - Futures CO Margin Info Not Available Info Not Available
Options CO Margin MasterTrust vs ProStocks - Options CO Margin Info Not Available Info Not Available
Commodity Margin MasterTrust vs ProStocks - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare MasterTrust vs ProStocks on Customer Service

Compare MasterTrust with ProStocks 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 ProStocks
Customer Service Compare MasterTrust ProStocks
24/7 Customer Service MasterTrust vs ProStocks - 24x7 customer support No No
Email Support MasterTrust vs ProStocks - Email Support Yes Yes
Onine Live Chat MasterTrust vs ProStocks - Onine Live Chat Yes No
Phone Support MasterTrust vs ProStocks - Phone Support Yes Yes
Toll Free Number MasterTrust vs ProStocks - Toll Free Number Yes No
Through Branches MasterTrust vs ProStocks - Through Branches Yes No
Customer Care Number MasterTrust vs ProStocks - Customer Care Number Info Not Available +91-2262-434343
Account Opening Process MasterTrust vs ProStocks - Account Opening Process Info Not Available Online/Paperless
Customer Support Email MasterTrust vs ProStocks - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education MasterTrust vs ProStocks - Knowledge Center/Education Info Not Available https://www.prostocks.com/faq.html
Head Office Address MasterTrust vs ProStocks - Head Office Address/Corporate Address Info Not Available Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website MasterTrust vs ProStocks - Company Website Info Not Available https://www.prostocks.com
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Tips/Research/Reports Published

Compare MasterTrust vs ProStocks on Research Reports, Tips

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

Research Reports - Compare MasterTrust with ProStocks
  MasterTrust ProStocks
Research Mutual Funds MasterTrust vs ProStocks - Research Mutual Funds Yes No
Research Equity Reports MasterTrust vs ProStocks - Research Equity Reports Yes No
Research ETF MasterTrust vs ProStocks - Research ETF Yes No
Daily Market Report MasterTrust vs ProStocks - Daily Market Report Yes No
Free Tips MasterTrust vs ProStocks - Free Tips Yes No
Quarterly Result Analysis MasterTrust vs ProStocks - Quarterly Results Yes No
News Alerts MasterTrust vs ProStocks - Yes No
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Demat Account

Compare MasterTrust vs ProStocks on Demat Account

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

Demat Charges - Compare MasterTrust with ProStocks
  MasterTrust ProStocks
DP Source CDSL CDSL
DP ID MasterTrust vs ProStocks - DP ID No 83200
Demat Account Annual Maintenance Charges(AMC) 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 Nil
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 1000/- Refundable Deposit against charges
Statutory charges NIL Nil
Transaction Charges on Debit (Per ISIN) 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. Rs.8/- + Rs 5.50/-(CDSL charges) per ISIN
Demat 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. Rs 50/- per set up + Rs 50/-courier charges
Remat 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. Rs 50/- per set up + Rs 50/-courier
Pledge Creation Rs.50/- in Scheme B ,LF and Scheme 800. Rs. 40/- in Scheme A Rs. 100/- in Scheme BSDA Rs 50/- per set up
Pledge Creation Confirmation NIL Nil
Pledge Closure Rs. 25/- in Scheme B ,LF and Scheme 800. Rs. 20/- in Scheme A Rs. 50/- in Scheme BSDA Rs 50/- per set up
Pledge Closure Confirmation NIL Nil
Pledge Invocation Rs. 25/- in Scheme B ,LF and Scheme 800. Rs. 20/- in Scheme A Rs. 50/- in Scheme BSDA Rs 50/- per set up
Failed Instruction Charges Rs. 20/- per instruction Failed transactions Rs 50/- per ISIN
Other Charges 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 NIL

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Special Offers,Advantages,Disadvantages

Compare MasterTrust vs ProStocks on Special Offers and Promotion

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

Compare MasterTrust vs ProStocks on Special Offers and Promotion
  MasterTrust ProStocks
Pay In and Pay Out Options MasterTrust vs ProStocks - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time MasterTrust vs ProStocks - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges MasterTrust vs ProStocks - Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Info Not Available SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
Likes

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

Detail Review...

  • Lowest call and trade charges.
  • Simple and low cost brokerage.
  • Industry's best tools and platforms.
  • Fully online account opening process.
  • IVRS facilities for backoffice and balance confirmation.
  • Strong back office support.
  • Best customer support.
  • Rs 0 PCM fee

Detail Review...

Dislikes

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

Detail Review...

  • Not a 3 in 1 broker.
  • Doesn't provide trading in commodity, IPOs and Mutual Fund.

Detail Review...

Special Offers/Promo ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquiry Enquire about MasterTrust Enquire about ProStocks

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







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