Mastertrust Online Trading Platform – Review, Benefits, Top Features & more
Last Updated Date: Aug 31, 2023Mastertrust Direct is a Mastertrust Online Trading Platform. It can be used to buy and sell equity and debt securities online without calling anyone or installing any software.
In this article, we are going to explain the features, advantages, the method of registering for Mastertrust Web Trading Platform and using the platform as well.
Mastertrust Online Trading Platform Review & Ratings by Top10StockBroker
Mastertrust Online Trading Platform Ratings | |
Criteria | Ratings |
Processes | 6.8/10 |
Usability | 6.7/10 |
Features | 6.6/10 |
Speed | 6.7/10 |
Performance | 6.6/10 |
Overall Ratings | 6.6/10 |
Star Ratings | ★★★★★ |
About Mastertrust Online Trading Platform
Mastertrust is a full-service private broking organization which was formed back in the year 1994. They are associated with the Bombay Stock Exchange (BSE) as well as the National Stock Exchange (NSE) for equity trades.
They are also registered with MCX-SX for currency trades. For commodity trades, they are partnered with MCX as well as NCDEX. Their SEBI registration number for BSE is INB/F 010643634 and for NSE is INB/F/E 230643634.
Mastertrust is also a registered depository service which is registered with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL).
The Mastertrust Online trading platform can be used to trade in equity as well as debt securities online without installing any software on your computer or mobile device.
You can trade and analyze the market using their online trading platform from any device that has an internet connection irrespective of the platform or operating system of the device.
Get Free Access to Mastertrust Direct – Open Demat Account Now!
Mastertrust Direct – Top Features
Mastertrust Direct is a web trading platform with ample of features to offer for the clients of Mastertrust. Some of these features are as follows: –
Trade in Futures and Options
The Mastertrust Direct allows users to trade in equity and debt buy and sell orders in the stock exchange of your own choice. They are registered with both NSE and BSE.
Along with debt and equities, the Mastertrust Direct Online Trading Platform also allows the users to trade in futures as well as options on the National Stock Exchange.
Transfer Funds Online
Using the Mastertrust Web Trading Platform, you can transfer funds to and from your account instantly irrespective of timings.
This can help you to get your money at any time without any hassles and at the same time allows you to deposit money into your trading account without worrying about timings and hefty transaction charges.
Live Quotes
Mastertrust Web trading platform has live quotes feature which provides real time streaming quotes so that the clients get the latest market updates without any delay and without having to refresh the page constantly for market updates.
Receive Email Alerts
One place where online trading platforms shine is Email alerts.
Mastertrust direct trading platform provides automated email alerts feature to their clients so that they are informed about any changes in their portfolio or in the market.
Users can also set market watch for certain stocks so that any changes in that stock is notified through email.
Hotkey Support
PC trading software is preferred over web trading terminals because of a few features and one of them is hotkeys.
PC trading terminals have hotkey support that makes the process of trading simpler and at your fingertips. This platform brings this feature to their web trading platform by providing hotkey support for transactions.
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How to use Mastertrust Direct?
Mastertrust Direct is a Web trading platform so you don’t need to install any software on your computer using a downloadable executable.
You just need to have a supported web browser installed on your computer in order to use the Mastertrust Web trading platform.
There are certain minimum requirements that one needs to fulfill in order to start using the Mastertrust Online Trading Platform. These requirements are as follows: –
- It is recommended to have Internet Explorer 5.5 above.
- The web application is best viewed in a screen resolution of 1024 x 768.
- You need to have JAVA installed on your system in order to run the web application.
Steps to start using the Mastertrust direct:
- Visit the website of Mastertrust (mastertrust.co.in).
- In the header navigation section, look for Trade Online and click the option.
- You will now be redirected to the Mastermarts domain where you are presented with a login form.
- Here you have to enter your client ID and select which mode you want to use the app in – Lite or Classic. Lite mode offers a less cluttered UI but less features whereas the Classic mode offers all the features in a much more sophisticated UI.
- If you don’t have a client ID, you can demo the application by clicking on the button labeled ‘Demo’.
- Once you have entered your details, click on the login button to log into the web application.
You are now logged into the system; you can now use the complete functionality of Mastertrust direct web trading platform.
If you aren’t a client and you want to become one, you can follow the steps in the next section in order to become a client of Mastertrust and get your client ID.
How to Own Mastertrust Online Trading Platform?
In order to use the Mastertrust Online Trading Platform for trading purposes, you have to open a trading account with Mastertrust.
To open a trading account with Mastertrust, follow these steps: –
- Click on the button below that says “Open Demat Account”. Fill up the form that pops-up.
- You will receive a call from Mastertrust sales executive.
- He/She will share Mastertrust EKYC link with you.
- Once you fill the form, you can enter the knowledge portal of Mastertrust, from there you can get in touch with Mastertrust representatives to start your account opening process.
Once you have filled the required paperwork and completed the KYC procedures, you will get your Client ID and password through Email or through a Mastertrust representative.
You can use these details to log into Mastertrust Direct.
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Advantages of Mastertrust Direct
There are many advantages of Mastertrust Direct over other web trading platforms in the market. These advantages are as follows: –
Lowest Brokerage Fees – Mastertrust is known in the industry for having the one of the lowest brokerage fees on transactions.
The equity delivery brokerage ranges from 0.01% 0.10% which is quite less when compared to other private full-service broking services like ICICI securities and Sharekhan.
Also, they charge only 10 Rs. per lot for options trading whereas there are some brokers that charge as high as 50 Rs. per lot.
Single Login – With the Mastertrust Direct web platform, you only have a single login for all their services like Depository, Back Office trading, as well as regular trading.
This makes things simple as you don’t have to deal with the security of more than one account. It is an all in one solution.
Mastertrust Online Trading Platform – Conclusion
Mastertrust is an old name in the market. The company was established over 25 years ago and they have been active in the industry for longer than that.
This experience that Mastertrust has gained over the years is reflected in the Mastertrust Web Trading Platform which outperforms a lot of other web trading platforms in the market.
Get Free Access to Mastertrust Direct – Open Demat Account Now!
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