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Stoxkart Vs Master Trust: A side by side comparison of these two discount brokerage services

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Stoxkart Vs Master Trust

Stoxkart VS Master Trust Comparison:

Stoxkart

Stoxkart, which initially started in the Delhi NCR is a huge stock broking firm, providing services to customers in equity, commodity, mutual funds and derivatives. It’s a part of the SMC group, and is cutting edge in terms of communication technology and assistance. It has a huge active client base and it also provides two apps by the names of Stoxkart Classic and Stoxkart Pro

It also has a platform called Stoxmf which is specialized for assistance in mutual fund investments

Stoxkart Vs Master Trust

Master Trust

Master trust is a discount brokerage firm which is a part of the Master Capital Services Ltd. It was initially started in the year 1985. In the Indian stock market, it has more than 1.5 lakh clients across the country, making it one of the leading companies in the business. Master Trust group entered the brokerage services in 2014, and provide services in equity, currency, commodities and derivatives.

Now let’s take a closer look at both these companies.

Overview


StoxkartMaster Trust
Logostox kartmaster trust
Website URLwww.stoxkart.comwww.mastertrust.co.in
About the brokerStoxkart, which initially started in the Delhi NCR is a huge stock broking firm, providing services to customers in equity, commodity, mutual funds and derivatives. It’s a part of the SMC group, and is cutting edge in terms of communication technology and assistance.Master trust is a discount brokerage firm which is a part of the Master Capital Services Ltd. It was initially started in the year 1985. In the Indian stock market, it has more than 1.5 lakh clients across the country, making it one of the leading companies in the business.
Type of BrokerDiscount BrokerDiscount Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE, MCX 
Year of Incorporation20191985
Number of Branches2 branches & 12 partner offices500+

Stoxkart & Master Trust Charges


StoxkartMaster Trust
Trading Account Opening Fees₹ 500₹ 555
Trading Account AMC₹ 300Nil
Demat Account Opening Fees₹ 354Nil
Demat Account AMC₹ 300₹ 400
Demat Account is Mandatory?NoNo

Stoxkart VS Master Trust Brokerage

Brokerage Plans


StoxkartMaster TrustMaster Trust
Account TypeSingle PlanPer Order Executed
Fixed Charges

₹ 1000
Equity Delivery Brokerage₹ 0₹ 10 per executed order₹ 0
Equity Intraday Brokerage₹ 15 per executed trade₹ 10 per executed order₹ 0
Equity Futures Brokerage₹ 30 per executed trade₹ 10 per executed order₹ 0
Equity Options Brokerage₹ 30 per executed trade₹ 10 per executed order₹ 0
Currency Options Trading Brokerage₹ 30 per executed trade₹ 10 per executed order₹ 0
Commodity Futures Trading Brokerage₹ 30 per executed trade₹ 10 per executed order₹ 0
Commodity Options Trading Brokerage₹ 30 per executed trade

Special Offer


Read Also:

Stoxkart Brokerage Calculator Online – Lowest Brokerage

Other Charges


StoxkartMaster Trust
Minimum Brokerage Charges₹ 0₹ 0
Other Brokerage Charges₹ 0
Call & Trade Charges₹ 20 per executed trade₹ 20 per executed order

Taxes & other Government Charges


StoxkartMaster Trust
Securities Transaction Tax (STT)0.0126% of total turnoverEquity Intraday 0.025% (on Sell trade)
Equity Delivery 0.1% (on Buy and Sell)
Equity Futures 0.01% (on Sell trade)
Equity Options 0.05% (on Sell trade premium) or 0.125% (on exercised options)
Currency Futures Nil
Currency Options Nil
Commodities 0.01% on sell side (Non-Agri)
SEBI Charges₹ 15 per Cr.₹ 15 per Cr.
Goods and Services Tax (GST)18% on brokerage + transaction charges18% on brokerage + transaction charges
Stamp DutyAs per the Client’s state of correspondence.As per the Client’s state of correspondence.

Stoxkart & Master Trust Transaction Charges


StoxkartMaster Trust
Equity Delivery0.00325%NSE ₹ 325 |
BSE ₹ 325
Equity Intraday0.00325%NSE ₹ 325 |
BSE ₹ 325
Equity Futures0.0019%NSE ₹ 300 |
BSE ₹ 150
Equity Options0.05%NSE ₹ 6000 |
BSE ₹ 3500
Currency Futures0.0009%NSE ₹ 120 |
BSE ₹ 100
Currency Options0.04% (on premium)NSE ₹ 4200 |
BSE ₹ 1000
Commodity0.0005%MCX ₹ 250

Stoxkart or Master Trust Exposure Margin


StoxkartMaster Trust
Equity Delivery
Up to 2X
Equity IntradayUp to 25xUp to 6X
Equity FuturesUp to 2.5xUp to 4X
Equity OptionsUp to 7xUp to 5X
Currency FuturesUp to 2.5xUp to 3X
Currency OptionsUp to 2xUp to 3X
Commodity FuturesUp to 2.5xUp to 1X
Commodity Options

Stoxkart VS Master Trust Feature Comparison


StoxkartMaster Trust
3 in 1 AccountNoNo
ChartingYesYes
SMS AlertsYesYes
Online DemoNoYes
Online PortfolioYesNo
Margin Trading Funding Available
Yes
Trading PlatformStoxkart DesktopOMNESYS NEST
Overall Review3.2 /53.8 / 5 

Stoxkart VS Master Trust Investment Options



StoxkartMaster Trust
Stock / EquityYesYes
CommodityYesYes
CurrencyYesYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoYes
Bond / NCDNoYes
DebtNoNo
Other Investment Options

Stoxkart or Master Trust Research Report


StoxkartMaster Trust
Daily Market Report
No
Free TipsYesNo
Quarterly Result AnalysisNoNo
News AlertsNoNo

Stoxkart VS Master Trust for Investor Type


StoxkartMaster Trust
Casual Investor
Active InvestorYes
TraderYesYes

Stoxkart VS Master Trust Risks & Benefits  


StoxkartMaster Trust
BenefitsBrokerage fees to be paid only if you earn.
Research reports available.
High intraday exposure.
There are no minimum brokerage fees.Different platforms login not required.Transfer available through 45 major banks.
RisksTrading platforms need features.
Too high account opening charges.3 in 1 account not available.
3 in 1 account not available.

Final words

Thus, this article was aimed to help our readers differentiate between the stock broking services, Stoxkart and Master Trust. The open market is always full of gambles and risks, so read carefully between the lines of the service policies of the firms and compare extensively before investing. Whatever be your option, Stoxkart Vs Master Trust, we hope this article helps you making good money.

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