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Indian trading platforms and broker platforms are gaining importance recently. One of the well known trading platforms is Master Trust with a good experience and track record. In this article,
tradingcritique.com gives you complete details about the account types, fees, and regulations of Master Trust to determine its current efficiency. This broker review will help you to decide whether to use Master Trust or not.
Account Types: Trading account, Demat account
Brokerage plans: 20:20, Standard, My Plan
Demo Account: NO
Islamic Account: NO
Market Instruments: Equity, Equity Derivatives, Currency Derivatives, Commodity, Mutual
Funds, IPO, Bonds
Trading Platforms: Master Swift2.0, Master Mobile, Master Web
Maximum Leverage: Up to 5X
Customer Support: 24/7
Master Trust is an Indian Financial Services Organisation established in 1985 as Master Capital Services Ltd. It has grown to a 650-strong workforce company with over 2, 00,000+ customer relationships and a two-decade track record of great client care.
Image 1: Home page on the Master Trust website
Image Copyrights reserved for the Master Trust website
Master Capital Services Pvt Ltd owns Master Trust, which is a discount brokerage firm. The firm was created in 1985 due to the efforts of Mr. R. K. Singhania & Mr. Harjeet Singh. Presently, the company is headquartered in Mumbai and is regulated by The Securities and Exchange Board of India (SEBI).
The company joined the NSE and after that, it became a member of NSDL and CSDL. In addition, the
brokerage established trading platforms with the MCX-SX and NSE for currency exchanges.
Mastertrust strives to accommodate every financial demand of its clients, and as a result, it has won a few awards.
Awards won by Master trust are:
Image 2: Awards received by the Master trust listed on its website
Image Copyrights reserved for the Master Trust website
Master trust financial Assets and instruments listed below are available at any of the 500+ offices located throughout the country in over 22 states.
Trading Assets of Master trust
Equity
Equity Derivatives
Currency Derivatives
Commodity
Mutual Funds
IPO
Bonds
Table 1: Financial Asset & Instruments Portfolio of Mastertrust
Mastertrust offers many trading platforms via which investors can trade using a desktop, a web browser, or a mobile.
Trading Platforms of Master trust
Master Swift 2.0
Master Mobile
Master Web
Image 3: Trading Platforms of introduction on the Master Trust website
Image Copyrights reserved for the Master Trust website
Master Swift 2.0 is a stock market software that provides a variety of share market features to your trading experience. It is a next-generation desktop trading software that provides share traders with a variety of online trading tools.
Image 4: Master Swift 2.0 trading software of the Mastertrust
Image Copyrights reserved for the Master Trust website
The mobile trading application, Master Mobile, provides you with real-time market data for specific contracts and market indexes. Both iOS and Android devices may use the Master Mobile online trading app. It also gives you access to Master Swift 2.0, the desktop trading Programme. Master mobile trading Programme works with multiple stock exchanges and lets you place a variety of orders.
Image 5: Features of Master Mobile trading platform
Image Copyrights reserved for the Master Trust website
Master Web is a safe and secure way to access an online trading platform that includes charting, real-time quotations, portfolio tracking, news feeds, and research tools.
Table 2: Features of different trading platforms in Master Trust
Trading Tools available in Master trust are:
Bracket Orders
Master Trader 3.0
Rest API
Master Bridge
Nest Strategy
Bracket Orders are a unique three-leg order type that serves to hold the primary order, and the stop-loss and profit-taking orders, all in one go. In bracket order, the trailing stop loss function is also available.
Master Trader is an advanced algo trading terminal that integrates with Amibroker Charting software which allows you to trade with it. You may not only customize their strategy and execute it through the Amibroker signal, but you can also code a trading strategy for server-side execution with extensive order handling choices.
Master Trust Knowledge Bites
Master trust, situated in Ludhiana, India is a full-service broker. It has nearly 36 years of industry experience. It is a BSE-listed business that was founded in 1985. It has over 2 lakh customers and allows them to invest and trade in a variety of other investment instruments. Master trust has a wide choice of goods and services to choose from. As it is a full-service broker, its investment clients will receive good service.
Traders may link their screening software to their Trading account directly using the Rest API to communicate real-time and historical pricing and make orders. The Rest API from Master trust is completely free. Master trust Java, Python, NET, C#, and JSON are all supported by the Rest API.
Image 6: Features of the Mastertrust Rest API
Image Copyrights reserved for the Master Trust website
Master Bridge enables simple code snippets to connect any external software, such as Amibroker, Microsoft Excel, or other computer languages like Java, Net, Python, and advanced applications, to our order management system. The Master Bridge may also be used to collect data for your charting application.
Nest Strategy offered by Mastertrust is an Integrated Development Environment that is powerful. It is used for designing and deploying new algorithms along with out-of-the-box algorithms. It’s possible to use it in a CTCL context.
Mastertrust is the only firm that offers both a trading and a Demat account in one package. There is a one-time cost of 555 rupees for people who want to become traders and open their Demat account with the firm. Master trust should have a minimum margin of Rs.10, 000.
Table 4: Account opening charges in Master trust
The mastertrust provides three distinct trading plans to suit your requirements.
Brokerage Plans & Account Types of Mastertrust:
20:20 account
Standard Account
My Plan
Table 4: Features of different Brokerage plans and account types available in Master Trust
Image 7: Brokerage plans introduction given on the Master trust website
Image Copyrights reserved for the Master Trust website
As a trader or investor, everyone has the right to know the exact costs and charges you will incur when entering into trading contracts with any brokerage business. The charges for using various services in Mastertrust are given in Table 5.
Table 5: Brokerage charge in Master Trust Platform
Customers who wish to deposit funds into their trading account can use one of the methods listed in Table 6.
Table 6: Payment methods & processing time in Master trust
Margin trading accounts are available through Master trust. The amounts of margin exposure for various segments are listed in Table 7.
Table 7: Maximum Leverage of Assets available in Master trust
Master trust’s Knowledge Center may help you learn more about investing, trading, and financial planning by providing blogs, articles, and thought leadership on a variety of topics. Offline Advisory & Dedicated Relationship Manager services are also available through Master trust.
Mastertrust offers a highly experienced research and analytics team that analyses data from numerous market areas, studies trends, and makes investment recommendations. The firm also offers top picks, stock & advisory tips, and other services.
Image 8: Master trust education section
Image Copyrights reserved for the Master Trust website
Anyone with a Master trust account can earn money by recommending friends, family, or coworkers to sign up for an account through the Referring & Earn Programme.
Image 9: Master trust Bonus section
Image Copyrights reserved for the Master Trust website
The Master Trust Broker review also has its own pros and cons. The advantage and disadvantages of Master Trust are listed in below Table 9.
Table 9: Pros and Cons of Master Trust Trading Platform
Mastertrust has a total of 33 branches around India and offers client service via a variety of channels, including online, offline, and email. The Contact Numbers of Mastertrust are listed in Table 9.
Table 9: Phone numbers to contact Master trust State wise and for international customers
Image 10: Customer support section of Master trust
Image Copyrights reserved for Master trust website
Have you used Master Trust Trading Platform? Share your reviews about Mastertrust in the Comments sections below. To get frequent updates about trading, stocks. Bombay Stock Exchange Subscribe to our Newsletter.
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