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.
|Broker Type||Full Service Broker||Discount Broker|
|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 ...||ProStocks is a full-fledged online stock broker initiated by well-experienced market leaders to bring investment and trading services at the lowest possible cost without compromising on the quality of trade.|
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 Account Opening Fees||Rs 555||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Rs 0 (Rs 1000 Refundable Deposit)|
|Provide DP Service|
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
|Account Opening Request|
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 - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.
|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||Free|
|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|
|Hidden Charges||Info Not Available||No|
|Funding||Info Not Available||No|
|Call & Trade Charges||Info Not Available||Delivery Rs 25, Intraday and F&O 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|
Compare MasterTrust with ProStocks on transaction charges and PCM fee by segment.
|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|
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 Compare||MasterTrust||ProStocks|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
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||ProStocks|
|Desktop Trading Platform||OMNESYS NEST||ProStocks,NSE NOW|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||http://direct.mastermarts.com/||https://www.prostocksweb.com/|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||mastermobile||ProStocks Mobile|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod mastermobile Download||Andriod ProStocks Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS mastermobile Download||iOS ProStocks Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|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|
|2 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||MasterTrust is Rated 1.5 / 5 based on 2 customer reviews||ProStocks is Rated 4.5 / 5 based on 2 customer reviews|
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||ProStocks|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Mutual Funds and Insurance||NIL|
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 Type Compare||MasterTrust||ProStocks|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||MasterTrust||ProStocks|
|Equity Delivery Margin||Info Not Available||No Delivery margin.|
|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||1x means actual SPAN + Exposure.||1x means actual SPAN + Exposure.|
|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||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||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||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||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
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 Service Compare||MasterTrust||ProStocks|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||+91-2262-434343|
|Account Opening Process||Info Not Available||Online/Paperless|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||https://www.prostocks.com/faq.html|
|Head Office Address||Info Not Available||Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Mumbai - 400063
|Website||Info Not Available||https://www.prostocks.com|
Compare MasterTrust with ProStocks on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare MasterTrust with ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹300 pa (Second Year Onwards)||Free (₹1000 Refundable Deposit)|
|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|
|Transaction Charges on Debit (Per ISIN)||₹50||₹8 + ₹5.50 (CDSL Charges) Flat Fee for every transaction|
|Demat||₹3 per certificate + ₹20 per request||₹50 per set up + ₹50 courier charges|
|Remat||₹20 for every hundred securities or ₹20 per certificate (whichever is higher)||₹50 per set up + ₹50 courier charges|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure Confirmation||Nil||Nil|
|Failed Instruction Charges||₹20||₹50 per transaction|
Compare MasterTrust with ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|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||Info Not Available||Upto 24 Hrs except Bank Holidays.|
|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,
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
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||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