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Wisdom Capital Vs MasterTrust: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Wisdom Capital Max Rs 9 per trade while the brokerage of MasterTrust ranges between 0.01 to .1%. Wisdom Capital is a Discount Broker where MasterTrust is a Full Service Broker. Wisdom Capital is having overall higher rating compare to MasterTrust. Wisdom Capital is rated 4 out of 5 where MasterTrust is rated only 3 out of 5. Number of active customer for MasterTrust is 59,711 where number of active customer for Wisdom Capital is 3,820. MasterTrust is serving more customer compare to Wisdom Capital.

Here we present side-by-side comparison of Wisdom Capital 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 Wisdom Capital 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 Wisdom Capital 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 Wisdom Capital 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 Wisdom Capital vs MasterTrust on Service

  Wisdom Capital Compare
Wisdom Capital
MasterTrust Compare
MasterTrust
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 3,820 59,711
Broker Overview Wisdom Capital shines in its ability to personalize the broker-trader relationship. With price, execution and service mattering the most to hyperactive traders, Wisdom Capital is competitive in the first two (price & execution) and specializes in the... Know more about Wisdom Capital mastertrust offers online investors the wide variety of tools and services they need to succeed, and for investors seeking guidance, mastertrust's massive branch office network, which offers reliable and personable relationships, help the broker to ...Know more about MasterTrust
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Wisdom Capital vs MasterTrust on Trading & Demat Account Opening Charges

Comparison of Wisdom Capital with MasterTrust on trading & demat account opening charges and AMC. Trading account opening charges - Wisdom Capital offer Free account opening where MasterTrust charges Rs 555 for account opening. Demat AMC charges - Wisdom Capital charges Rs 999 Life time AMC AMC for Demat account where MasterTrust charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Wisdom Capital with MasterTrust
Charges Wisdom Capital MasterTrust
Trading Account Opening Fees Free Rs 555
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 999 Life time AMC Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Wisdom Capital vs MasterTrust on Plan Options

Plans are the most important feature you look when compare Wisdom Capital with MasterTrust. This section compare on high level about type of plans offered by brokers. Multiple Plans - Wisdom Capital provide Multiple Plans where MasterTrust doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Wisdom Capital vs MasterTrust on Brokerage Charges

Wisdom Capital Brokerage Plan detail - Trade on your Pro Plan,buy and sell FnO Rs 9 Per trade, 0.005% Intraday,0.05% Delivery.If you are large or small investore this will give you freedom in your trade. Delivery Limit/Margin In Cash is 1X,Intraday Limit/Margin In Futures is 6X MIS & 20X in Cover Order,Intraday Limit/Margin In Options is 1X Buy & 6X Sell,Intraday Limit/Margin In Cash is Upto 40 X MIS, Intraday Limit/Margin In Delivery is Upto 5X.

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 Wisdom Capital with MasterTrust
Brokerage Charges Compare Wisdom Capital MasterTrust
Plan Name Flat Fee Rs 9 Trading Plan (Pro Plan) Basic Trading Plan (Percentage Based)
Equity Delivery 0.05% or 5 paisa 0.1% or 10 paisa
Equity Intraday 0.01% or 1 paisa 0.01% or 1 paisa
Equity Futures Flat Fee Rs 9 0.01% or 1 paisa
Equity Options Flat Fee Rs 9 Rs 10 Per Lot
Currency Futures Flat Fee Rs 9 0.01% or 1 paisa
Currency Options Flat Fee Rs 9 Rs 5 Per Lot
Commodity Trading Flat Fee Rs 9 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 NA NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for Wisdom Capital Brokerage Calculator for MasterTrust
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Share Broker's Transaction Charges

Compare Wisdom Capital vs MasterTrust on Transaction Charges

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

Transaction Charges - Compare Wisdom Capital with MasterTrust
Transaction Charges Compare Wisdom Capital MasterTrust
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for wisdom-capital Complete Brokerage Plans for mastertrust
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Account Features

Compare Wisdom Capital vs MasterTrust on Account Features

Compare Wisdom Capital 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 - MasterTrust offers a margin funding where Wisdom Capital doesn't offers margin funding. NRI Trading - MasterTrust offers NRI where Wisdom Capital doesn't offers NRI Trading.

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

Compare Wisdom Capital vs MasterTrust on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Wisdom Capital 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 Wisdom Capital with MasterTrust
Trading Platform Compare Wisdom Capital MasterTrust
Desktop Trading Platform NEST Trader & NSE NOW 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 http://trade.wisdomcapital.in./ http://direct.mastermarts.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App TradeEye mastermobile
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod TradeEye Download Andriod mastermobile Download
iPhone Mobile App (IOS) Yes No
iOS App Download Info Not Available 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 Wisdom Capital Equity Intraday and Delivery Brokerage Calculator for MasterTrust
Futures Brokerage Calculator Futures Brokerage Calculator for Wisdom Capital Futures Brokerage Calculator for MasterTrust
Options Brokerage Calculator Options Brokerage Calculator for Wisdom Capital Options Brokerage Calculator for MasterTrust
Detail Detail on Trading Platforms for wisdom-capital Detail on Trading Platforms for mastertrust

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Broker Ratings by Users

Compare Wisdom Capital vs MasterTrust on User Rating

  Wisdom Capital MasterTrust
  8 Customer Reviews    Rate Wisdom Capital 2 Customer Reviews    Rate MasterTrust
Fees Ratings 4.3 2.0
Trading Brokerage Rating 4.5 3.0
Trading Platform Usability 3.3 2.0
Customer Service Ratings 4.4 1.5
Overall Ratings 3.9 1.5
Broker Rating Wisdom Capital is Rated 3.9 / 5 based on 8 customer reviews MasterTrust is Rated 1.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Wisdom Capital vs MasterTrust on Investment Offerings

Compare Wisdom Capital 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 - MasterTrust offers online mutual fund investment option where Wisdom Capital doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Wisdom Capital with MasterTrust
Investment Offerings Compare Wisdom Capital MasterTrust
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL Mutual Funds and Insurance
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Order Types

Compare Wisdom Capital vs MasterTrust on Order Types

Order Type - Compare Wisdom Capital 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 Wisdom Capital with MasterTrust
Order Type Compare Wisdom Capital 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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Customer Service Offered

Compare Wisdom Capital vs MasterTrust on Customer Service

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

Compare Wisdom Capital vs MasterTrust on Research Reports, Tips

Compare Wisdom Capital with MasterTrust on research reports and tips provided by the broker.

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

Compare Wisdom Capital vs MasterTrust on Demat Account

Compare Wisdom Capital with MasterTrust on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Wisdom Capital is Free (₹1000 Refundable deposit + ₹1000 one time charges) where for MasterTrust is ₹300 pa (Second Year Onwards). Wisdom Capital is a better choice in terms of Demat AMC compare to MasterTrust.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Wisdom Capital is ₹12 where for MasterTrust is ₹50.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Wisdom Capital with MasterTrust
  Wisdom Capital MasterTrust
DP Source NSDL CDSL
DP ID Wisdom Capital vs MasterTrust - DP ID No No
Demat Account Annual Maintenance Charges(AMC) Free (₹1000 Refundable deposit + ₹1000 one time charges) ₹300 pa (Second Year Onwards)
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
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 ₹50
Demat ₹3 per certificate + ₹20 per DFR ₹3 per certificate + ₹20 per request
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation ₹50 per transaction ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹25 per transaction ₹25
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹25 per transaction ₹25
Failed Instruction Charges ₹20 ₹20
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Wisdom Capital vs MasterTrust on Special Offers and Promotion

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

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

Detail Review...

Detail Review...

Dislikes No support to invest in IPOs, Mutual Fund and Bonds; charges for using semi-automated algo trading.

Detail Review...

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

Detail Review...

Special Offers/Promo
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Last Updated on 2019-06-27T00:43:21+00:00