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Abhipra Capital vs. Mastertrust

All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.

Among the best stockbrokers in India, two top names are Abhipra Capital and Mastertrust. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Abhipra Capital and Mastertrust.


Overview

Abhipra Capital are Mastertrust both private companies and both are full service broker as well. V D Aggarwal co-founded Abhipra Capital in 1994. And Mastertrust was founded in the year 1994 by Harjeet Singh Arora & R.K.Singhania. Abhipra Capital's headquarters are in New Delhi, Delhi and Mastertrust's headquarters are in Mumbai, Maharashtra.

Abhipra Capital and Mastertrust both are full service broker as well. Abhipra Capital is registered in NA, while Mastertrust is registered in NA. The total branches of Abhipra Capital are Nil and the Mastertrust branches are Nil.

OverviewAbhipra CapitalMastertrust
Broker TypeFull Service BrokerFull Service Broker
Type of companyPrivatePrivate
HeadquarterNew Delhi, DelhiMumbai, Maharashtra
FoundersV D AggarwalHarjeet Singh Arora & R.K.Singhania
Foundation Year19941994
Supported ExchangesNANA
Total branchesNilNil

Abhipra Capital and Mastertrust Trading Account Opening and Demat Charges

A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).

Account opening fees for various brokers range from 0 to Rs.200, with Abhipra Capital charging Free and Mastertrust charging Rs.555.

When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Abhipra Capital Demat account is Rs.400 per Annum and for the Mastertrust Demat account is Rs.300 per Annum. The Trading AMC for Abhipra Capital and Mastertrust is free. And the margin money for both brokers is also zero.

As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Abhipra Capital and Mastertrust is CDSL.

Account Opening and Demat ChargesAbhipra CapitalMastertrust
Trading Account Opening ChargesFreeRs.555
Demat AMC (Annual Maintenance Charges)Rs.400 per AnnumRs.300 per Annum
Trading AMC (Annual Maintenance Charges)Rs.250 per AnnumFree
Margin MoneyZero MarginMinimum Rs.10,000
Offline to Online ChargesYesYes
DepositoryCDSL & NSDLCDSL & NSDL

Abhipra Capital and Mastertrust Equity Brokerage Charges

There are more charges that a broker charges for equity transactions.

Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Abhipra Capital is 0.20%, while Mastertrust charges you 0.10%.

Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Abhipra Capital is 0.02% and for Mastertrust also, it is 0.01%.

Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Abhipra Capital charge 0.02% and Mastertrust charge 0.01% for equity futures.

Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Abhipra Capital charges Rs.25 per Lot, and Mastertrust charges Rs.10 per Lot.

Equity Brokerage ChargesAbhipra CapitalMastertrust
Equity Delivery Brokerage0.20%0.10%
Equity Intraday Brokerage0.02%0.01%
Equity Futures Brokerage0.02%0.01%
Equity Options BrokerageRs.25 per LotRs.10 per Lot

Abhipra Capital and Mastertrust Currency Brokerage Charges

Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.

Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Abhipra Capital is 0.02% and for Mastertrust is 0.01%.

Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Abhipra Capital charges Rs.15 per Lot for currency options, whereas Abhipra Capital charges Rs.5 per Lot.

Currency Brokerage ChargesAbhipra CapitalMastertrust
Currency Futures Brokerage0.02%0.01%
Currency Options BrokerageRs.15 per LotRs.5 per Lot

Abhipra Capital and Mastertrust Commodity Brokerage Charges

Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Abhipra Capital charges 0.02% for commodity trading, while Mastertrust charges 0.01%.

Commodity Brokerage ChargesAbhipra CapitalMastertrust
Commodity Options Brokerage0.02%0.01%

Abhipra Capital and Mastertrust Other Charges

Here are some other broker charges that should know about -

Minimum Broker Charges: Abhipra Capital levies a minimum brokerage fee of Percentage of Transaction, while Mastertrust charges Rs.20 per executed order brokerage fee.

Transaction Brokerage Charges: Abhipra Capital levies a transaction brokerage charge of 0.00275%, while Mastertrust charges 0.00289% of Total Turnover.

SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Abhipra Capital is 0.0002% of Total Turnover and for Abhipra Capital is 0.0002% of Total Turnover.

Stamp Duty Charges: This fee is charged as per the state and asset class.

GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)

STT (Securities Transaction Tax): The STT charges for Abhipra Capital are 0.0126% of Total Turnover, while for Mastertrust, they are 0.0126% of Total Turnover.

Call and Trade Charges: This charge varies for different brokers. Abhipra Capital charges NA and Mastertrust charges NA.

Other Brokerage ChargesAbhipra CapitalMastertrust
Minimum Brokerage ChargesPercentage of TransactionRs.20 per executed order
Transaction Brokerage Charges0.00275%0.00289% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp Duty ChargesAs per the stateAs per the state
GST Charges18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover0.0126% of Total Turnover
Call and Trade ChargesNANA

Abhipra Capital and Mastertrust Equity Exposure/Leverage

With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.

Equity Delivery: Leverage provided for Equity Delivery by Abhipra Capital is up to Upto 2x and by Mastertrust it is up to Upto 2x.

Equity Intraday: Leverage for equity intraday by Abhipra Capital is up to Upto 6x and by Mastertrust it is up to Upto 6x.

Equity Futures: Leverage for Equity Futures by Abhipra Capital is up to Upto 3x and by Mastertrust it is up to Upto 4x.

Equity Options: Leverage for Equity Options by Abhipra Capital is up to Upto 5x and by Mastertrust also, it is up to Upto 5x.

Equity LeverageAbhipra CapitalMastertrust
Equity DeliveryUpto 2xUpto 2x
Equity IntradayUpto 6xUpto 6x
Equity FuturesUpto 3xUpto 4x
Equity OptionsUpto 5xUpto 5x

Abhipra Capital and Mastertrust Currency Leverage

The currency futures leverage provided by Abhipra Capital is up to Upto 2x, while for Mastertrust it is up to Upto 3x.

The currency options leverage provided by Abhipra Capital is up to Upto 2x, while for Mastertrust it is up to Upto 3x.

Currency LeverageAbhipra CapitalMastertrust
Currency FuturesUpto 2xUpto 3x
Currency OptionsUpto 2xUpto 3x

Abhipra Capital and Mastertrust Commodity Leverage

The commodity leverage provided by Abhipra Capital is up to Upto 2x, while for Mastertrust it is up to Upto 1x.

Commodity LeverageAbhipra CapitalMastertrust
CommodityUpto 2xUpto 1x

Abhipra Capital and Mastertrust Offers

Brokers offer various exciting offers to entice new customers. Here are some of them:

Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.

Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.

Brokerage Discounts: Coupons providing up to 50% discount at their rates.

Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.

1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.

Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.

Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.

Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.

OffersAbhipra CapitalMastertrust
Free Stock Trading AccountNoYes
Free Demat AccountNoNo
Flexible PlansNoYes
Brokerage DiscountsYesYes
Happy HoursNoNo
1 Month Free PlanNoNo
Holiday OffersYesYes
Referral ProgramNoYes
Zero Brokerage on Loss TradesNoNo

Abhipra Capital and Mastertrust Features

Equity Trading: Abhipra Capital and Mastertrust brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.

Currency and Commodity Trading: Abhipra Capital and Mastertrust also offer you to trade in currency and commodities.

Initial Public Offering (IPOs): One of the greatest advantages of Abhipra Capital and Mastertrust broker is that you can also invest in IPOs. Abhipra Capital also has an added advantage that they provide you with robo-advisory services as well.

Trading Exposure: Different brokers provide different trading exposures. Abhipra Capital offers trading exposure of up to Upto 6x, while Mastertrust gives up to Upto 6x.

Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Abhipra Capital and Mastertrust, you can invest in mutual funds through SIP and Lumpsum.

Forex Trading: With Forex Trading, you can trade in various international currencies. Abhipra Capital and Mastertrust also allow you to trade in forex trading.

FeaturesAbhipra CapitalMastertrust
Equity Delivery TradingYesYes
Equity Intraday TradingYesYes
Equity Futures TradingYesYes
Equity Options TradingYesYes
Currency TradingYesYes
Commodity TradingYesYes
IPO (Initial public offering)YesYes
Stocks SuggestionsNoNo
Robo AdvisoryNoNo
PMS (Portfolio Management Services)NoNo
Trading InstitutionNoNo
Trading ExposureUpto 6xUpto 6x
Mutual FundsYesNo
SIP (Systematic Investment Plan)YesNo
Forex TradingNoNo
BankingNoNo
InsuranceNoNo

Abhipra Capital and Mastertrust Advisory Services

Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-

Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.

Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Abhipra Capital and Mastertrust offer you in-depth research reports.

Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.

Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.

Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.

Advisory ServicesAbhipra CapitalMastertrust
Fundamental ReportsNoYes
Research ReportsNoNo
Company ReportsNoNo
Annual ReportsNoNo
Company Stock ReviewNoNo
Free Stock TipsYesYes
IPO ReportsYesYes
Top PicksYesYes
Daily Market ReviewYesYes
Monthly ReportsYesNo
Weekly reportsYesYes
Offline AdvisoryYesYes
Relationship ManagerYesYes

Abhipra Capital and Mastertrust Desktop Trading Platforms

A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Abhipra Capital and Mastertrust offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.

Desktop Trading PlatformsAbhipra CapitalMastertrust
WindowsYesYes
MacYesYes
Desktop BrowserNoYes

Abhipra Capital and Mastertrust Mobile Trading Platforms

Abhipra Capital and Mastertrust offer you mobile trading platforms which can be used in iOS and Android applications.

Mobile Trading PlatformsAbhipra CapitalMastertrust
Mobile BrowserNoNo
Android AppYesYes
iOS AppYesYes
Windows AppNoNo
Other mobile osNoNo

Abhipra Capital and Mastertrust Customer Support

Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Abhipra Capital and Mastertrust give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.

Customer Support FeaturesAbhipra CapitalMastertrust
Relationship ManagerNoYes
Offline TradingYesYes
Online TradingYesYes
24 * 7 SupportNoNo
Email SupportYesYes
Chat SupportNoNo
Toll free numberNoNo
Support Branches1935

Abhipra Capital and Mastertrust Customer Complaints

The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Abhipra Capital and Mastertrust registered and resolved complaints.

For Abhipra Capital, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.

For Mastertrust, the Percentage of resolved BSE complaints is 94.64 % and the Percentage of resolved NSE complaints is 93.75 %.

We can say that Abhipra Capital is better than Mastertrust in case of resolving customer complaints.

BSE ComplaintsAbhipra CapitalMastertrust
BSE Complaints3056
BSE Resolved Complaints3053
Percentage of resolved BSE complaints100.00 %94.64 %
NSE Complaints43112
NSE Resolved Complaints43105
Percentage of resolved NSE complaints100.00 %93.75 %
BSE/NSE Complaint vs. Resolved Percentage100.00 %94.20 %

Frequently Asked Questions


  1. Is Abhipra Capital better than Mastertrust?

    Abhipra Capital and Mastertrust are at the top among the best full service brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.

  2. Is Mastertrust better than Abhipra Capital?

    Mastertrust and Abhipra Capital are at the top among the best full service brokers. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.

  3. Which is cheaper between Abhipra Capital and Mastertrust?

    Abhipra Capital and operate as full-service brokers, generally resulting in higher brokerage charges compared to discount brokers. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.

  4. Which is better, Abhipra Capital and Mastertrust?

    To figure out which of the two stockbrokers, Abhipra Capital and Mastertrust, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.


Compare Abhipra Capital with other stock brokers

Visit the following pages to see a detailed comparision report of Abhipra Capital with other brokerage firms.


Compare Mastertrust with other stock brokers

Visit the following pages to see a detailed comparision report of Mastertrust with other brokerage firms.