Home  »  Broker Comparison  »  Upstox Vs Mastertrust Capital

Upstox vs Mastertrust Capital – Compare Brokerage Charges, Demat Account & more

Last Updated Date - Nov 19, 2022

Here is a detailed comparison of Upstox vs Mastertrust Capital. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Upstox & Mastertrust Capital will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Upstox vs Mastertrust In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers


This Upstox & Mastertrust Capital comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare Mastertrust Capital & Upstox

Overview of Upstox & Mastertrust

Overview Upstox Mastertrust
Company Type Private Private
Broker Type Discount Broker Full Service Broker
Headquarters Mumbai, India Mumbai, Maharashtra
Founder Raghu Kumar, Ravi Kumar & Shrinivas Vishvanath Harjeet Singh Arora & R.K.Singhania
Established Year 2011 1994

Upstox vs Mastertrust Customer Ratings Comparison

Customer Ratings Upstox Mastertrust
Experience 8.1 / 10 6.0/10
Products & Services 8.0 / 10 6.1/10
Brokerage Charges & Fees 7.9 / 10 6.5/10
Stock Research & Advisory 9.0 / 10 5.8/10
Trading Platforms 5.0 / 10 6.6/10
Overall Ratings 7.90 / 10 6.2/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 2147 249

Upstox vs Mastertrust Demat Account Comparison

Demat Services Upstox Mastertrust
Depository Source CDSL CDSL & NSDL
Account Opening Charges Rs 0 (Free) Rs 100
Demat AMC Charges Rs 249 Rs. 300 per annum
Trading AMC Charges Free Free
Margin Money 75% Margin 75% Margin
Offline to Online S R

Mastertrust vs Upstox Brokerage Charges Comparison

Brokerage Charge & Fees Upstox Mastertrust
Equity Delivery Trading Zero Rs 0 (Free)
Equity Intraday Trading Rs.20 per executed order or 0.05% (whichever is lower) Rs 20 per executed order
Commodity Options Trading Rs.20 per executed order or 0.05% (whichever is lower) Rs 20 per executed order
Equity Futures Trading Rs.20 per executed order or 0.05% (whichever is lower) Rs 20 per executed order
Equity Options Trading Flat Rs.20 per executed order Rs 20 per executed order
Currency Futures Trading Rs.20 per executed order or 0.05% (whichever is lower) Rs 20 per executed order
Currency Options Trading Flat Rs.20 per executed order Rs 20 per executed order
Minimum Brokerage Rs.20 Rs.20 per executed order
Demat AMC Charges Rs.249 Rs.300 per Annum
Trading AMC Charges Rs. 354 Free
Margin Money 75% Margin 75% Margin
Brokerage Calculator Upstox Brokerage Calculator MasterTrust Brokerage Calculator

Mastertrust & Upstox Other Charges Comparison

Other Charges Upstox Mastertrust
Transaction Charges 0.00275% of Total Turnover 0.00289% of Total Turnover
STT Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
SEBI Turnover Charges 0.00005% (Rs. 5/Crore) 0.00005% (Rs. 5/Crore)
Stamp Duty (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
GST 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare Mastertrust & Upstox Offers

Offers Upstox Mastertrust
Free Demat Account S S
Free Trading Account R R
Discount on Brokerage R R
Trading Happy Hours S S
Flexible Brokerage Plans S R
1 Month Brokerage Free S S
Holiday Offers S R
Referral Offers S R
Zero Brokerage for Loss Making Trades S S

Compare Services of Upstox vs Mastertrust

Services Upstox Mastertrust
Demat Services R R
Trading Services R R
3 in 1 Account S S
Intraday Services R R
IPO Services R R
Stock Recommendations S R
Robo Advisory R S
PMS S S
Trading Institution S S
Trading Exposure Upto 5x Upto 5x

Compare Mastertrust & Upstox Research & Advisory

Research & Advisory Upstox Mastertrust
Fundamental Reports S R
Research Reports S R
Company Reports S S
Annual Reports S S
Company Stock Review S S
Free Stock Tips S R
IPO Reports S R
Top Picks S R
Daily Market Review S R
Monthly Reports S S
Weekly Reports S R
Offline Advisory S R
Relationship Manager S R

Upstox vs Mastertrust Exposure/Leverage

Exposure / Leverage Upstox Mastertrust
Equity Delivery 1x 1x
Equity Intraday Upto 5x Upto 5x
Equity Futures 1x 1x
Equity Options 1x 1x
Currency Futures 1x 1x
Currency Options 1x 1x
Commodities 1x 1x
Margin Calculator Upstox Margin Calculator Mastertrust Margin Calculator

Upstox vs Mastertrust Product Comparison

Products Upstox Mastertrust
Equity Trading R R
Commodity Trading S R
Currency Trading R R
Options R R
Futures R R
Mutual Funds S S
Forex S S
Banking S S
SIP S S
Insurance S S

Upstox vs Mastertrust Trading Platform Comparison

Trading Platforms Upstox Mastertrust
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R S
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R S
News Flash R R
Research Reports R S
Easy Installation R R
Global Indices R R
Stock Tips R R
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R R
Email Alerts R R
Multi Account Management R S

Upstox vs Mastertrust Customer Support

Customer Support Upstox Mastertrust
Dedicated Dealer S R
Offline Trading S R
Online Trading R R
24*7 Support S S
Email Support R R
Chat Support S S
Toll Free Number S S
Branches Zero 35

Upstox vs Mastertrust Customer Complaints

Complaints (Current Year) Upstox Mastertrust
Lodged in BSE 185 56
Resolved in BSE 126 53
Lodged in NSE 175 112
Resolved in NSE 139 105

Compare Upstox with other Brokers & Mastertrust Capital with other Brokers

5Paisa vs Upstox 5Paisa vs Mastertrust Capital
Angel Broking vs Upstox Anand Rathi vs Mastertrust Capital
Edelweiss vs Upstox Angel Broking vs Mastertrust Capital
Hdfc Securities vs Upstox Asit C Mehta vs Mastertrust Capital
Icici Direct vs Upstox Axis Direct vs Mastertrust Capital
Iifl vs Upstox Bonanza Portfolio vs Mastertrust Capital
Kotak Securities vs Upstox Choice Broking vs Mastertrust Capital
Motilal Oswal vs Upstox Edelweiss vs Mastertrust Capital
Paytm Money vs Upstox Eureka Securities vs Mastertrust Capital
Sharekhan vs Upstox Hdfc Securities vs Mastertrust Capital
Upstox vs Aditya Birla Money Icici Direct vs Mastertrust Capital
Upstox vs Alice Blue Online Idbi Direct vs Mastertrust Capital
Upstox vs Anand Rathi Iifl vs Mastertrust Capital
Upstox vs Arihant Capital Jainam Share Consultants vs Mastertrust Capital
Upstox vs Asit C Mehta Jhaveri Securities vs Mastertrust Capital
Upstox vs Astha Trade Jm Financial vs Mastertrust Capital
Upstox vs Axis Direct Karvy vs Mastertrust Capital
Upstox vs Bonanza Portfolio Kifs Trade vs Mastertrust Capital
Upstox vs Choice Broking Kotak Securities vs Mastertrust Capital
Upstox vs Eureka Securities Lkp Securities vs Mastertrust Capital
Upstox vs Fyers Mastertrust Capital vs Aditya Birla Money
Upstox vs Geojit Finance Mastertrust Capital vs Alice Blue Online
Upstox vs Idbi Direct Mastertrust Capital vs Arihant Capital
Upstox vs Jainam Share Consultants Mastertrust Capital vs Astha Trade
Upstox vs Jhaveri Securities Mastertrust Capital vs Fyers

Open Demat Account with your Favorite Broker

    Fill Your Details Here


    Featured Topics:

    Get 90% Discount on Brokerage Now! Open Demat Account