Master Trust Capital vs Upstox – Compare Charges, Trading Features, Offers & more

Find a Comparison of Master Trust Capital vs Upstox here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Master Trust Capital and Upstox.

Background

Year of Incorporation 1985 2010
Website https://www.mastertrust.co.in/ https://upstox.com/
Phone 161-3911500 022-41792999
Exchanges enabled NSE, BSE, MCX-SX, MCX, & NCDEX NSE, BSE & MCX
Demat (NSDL/CDSL) NSDL, CDSL CDSL
Brokerage

Equity 0.01% for Intraday, 0.1% for Delivery Rs 20 or 0.05% on Intraday & Rs 20 or 2.5% on Delivery
Equity Futures 0.01% of Turnover Rs 20 or 0.05% per executed order
Equity Options Rs 10/lot Rs 20 per lot
Currency Futures 0.005% of Turnover Rs 20 or 0.05% per executed order
Currency Options Rs 5/lot Rs. 20 per lot
Commodity 0.007% of Turnover Rs 20 per executed order
Account Opening Costs

Trading only Rs 555 Free
Trading & Demat Rs 555 Zero
Commodity Rs 555 Zero
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0045% of Turnover 0.0035% on Turnover
Futures 0.0045% of Turnover 0.0021% on Turnover
Options 0.08% of Turnover 0.059% on Premium Turnover
Commodities 0.035% of Turnover 0.0036% on Turnover
AMC charge Rs 400/year Zero
DP Transaction Charge Rs 14/debit instruction Rs 18.5 per debit transaction
Offline order placing Charge NIL Rs 25 per order placed on the phone
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days on NEST 22 days
End of Day 10 years on NEST 10 years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 18 times for Intraday, Upto 3 times for Delivery - Upto 5x on Intraday and Upto 1x on Delivery
Equity Futures Upto 5 times for Intraday Upto 4x for intraday
Equity Options Buying no leverage, Upto 3 times for shorting Intraday Buying no leverage, shorting upto 4x for intraday
Currency Futures Upto 5 times for Intraday Upto 4x for intraday
Currency Options Buying no leverage, Upto 3 times for shorting Intraday Buying no leverage, shorting upto 4x for intraday
Commodity Upto 5 times for Intraday Upto 3x for intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 7.61 Crores Rs 16 Lakhs
Profit after Tax FY12/13 Rs 10.48 Crores Rs 24 lakhs
Profit after Tax FY13/14 Rs 10.13 Crores Rs 68 Lakhs
Profit after Tax FY 14/15 Rs 12.41 Crores Rs 71 Lakhs
Profit after Tax FY 15/16 Rs 11.56 Crores Rs 73 Lakhs
Profit after Tax FY 16/17 Rs 13.49 Crores Rs 77 Lakhs
Profit after Tax FY 17/18 Rs 12.70 Crores Rs 86 Lakhs
Profit after Tax FY 18/19 Rs 16.64 Crores Rs 92 Lakhs
Profit after Tax FY 19/20 Rs 15.61 Crores Rs 97 Lakhs
Profit after Tax FY 20/21 Rs 15.49 Crores Rs 5 Crores
Profit after Tax FY 21/22 Rs 16.85 Crores Rs 18 Crores
Profit after Tax FY 22/23 Rs 19.18 Crores Rs 25 Crores
Debt FY11/12 Rs 51.0 Crores 0
Debt FY12/13 Rs 41.5 Crores 0
Debt FY13/14 Rs 44.00 Crores Rs 1.38 Crores
Debt FY14/15 Rs 54.81 Crores Rs 1.77 Crores
Debt FY15/16 Rs 56.89 Crores Rs 2.13 Crores
Debt FY16/17 Rs 34.85 Crores Rs 2.44 Crores
Debt FY17/18 Rs 52.16 Crores Rs 2.87 Crores
Debt FY18/19 Rs 45.95 Crores Rs 3.11 Crores
Debt FY19/20 Rs 62.92 Crores Rs 3.56 Crores
Debt FY20/21 Rs 46.92 Crores Rs 3.91 Crores
Debt FY21/22 Rs 55.75 Crores Rs 4.18 Crores
Debt FY22/23 Rs 67.11 Crores Rs 4.40 Crores
Profit to Equity(%) FY11/12 6.30 3.48%
Profit to Equity(%) FY12/13 10.03 5.10%
Profit to Equity(%) FY13/14 7.76 13.73%
Profit to Equity(%) FY14/15 12.83 15.70%
Profit to Equity(%) FY15/16 11.65 16.22%
Profit to Equity(%) FY16/17 12.94 16.87%
Profit to Equity(%) FY17/18 12.99 17.42%
Profit to Equity(%) FY18/19 14.12 17.99%
Profit to Equity(%) FY19/20 16.71 18.54%
Profit to Equity(%) FY20/21 17.71 19.01%
Profit to Equity(%) FY21/22 15.14 21.58%
Profit to Equity(%) FY22/23 18.82 22.15%
Balance Sheet Size FY11/12 Rs 16.98 Crores Rs 16.23 Crores
Balance Sheet Size FY12/13 Rs 22.87 Crores Rs 25.10 Crores
Balance Sheet Size FY13/14 Rs 29.16 Crores Rs 32.97 Crores
Balance Sheet Size FY14/15 Rs 25.91 Crores Rs 38.78 Crores
Balance Sheet Size FY15/16 Rs 32.59 Crores Rs 49.94 Crores
Balance Sheet Size FY16/17 Rs 27.72 Crores Rs 50.25 Crores
Balance Sheet Size FY17/18 Rs 37.38 Crores Rs 58.87 Crores
Balance Sheet Size FY18/19 Rs 37.96 Crores Rs 63.55 Crores
Balance Sheet Size FY19/20 Rs 28.22 Crores Rs 75.90 Crores
Balance Sheet Size FY20/21 Rs 30.17 Crores Rs 89.52 Crores
Balance Sheet Size FY21/22 Rs 30.94 Crores Rs 105.55 Crores
Balance Sheet Size FY22/23 Rs 43.96 Crores Rs 116.10 Crores

Comparison Link:

Compare Master Trust Capital Compare Upstox
Master Trust Capital Vs Punch Upstox Vs Punch
Master Trust Capital Vs BlinkX Upstox Vs BlinkX
Master Trust Capital Vs Lemonn Upstox Vs Lemonn
Master Trust Capital Vs Mandot Securities Upstox Vs Mandot Securities
Master Trust Capital Vs HDFC Sky Upstox Vs HDFC Sky
Master Trust Capital Vs Dhan Upstox Vs Dhan
Master Trust Capital Vs Goodwill Wealth Upstox Vs Goodwill Wealth
Master Trust Capital Vs Shoonya by Finvasia Upstox Vs Shoonya by Finvasia
Master Trust Capital Vs NJ Wealth Upstox Vs NJ Wealth
Master Trust Capital Vs Paytm Money Upstox Vs Paytm Money
Master Trust Capital Vs Goldmine Stocks Upstox Vs Goldmine Stocks
Master Trust Capital Vs Globe Capital Upstox Vs Globe Capital
Master Trust Capital Vs Finvasia Upstox Vs Finvasia
Master Trust Capital Vs Coimbatore Capital Upstox Vs Coimbatore Capital
Master Trust Capital Vs Cholamandalam Securities Upstox Vs Cholamandalam Securities
Master Trust Capital Vs Choice Equity Broking Upstox Vs Choice Equity Broking
Master Trust Capital Vs Canara Bank Upstox Vs Canara Bank
Master Trust Capital Vs Bonanza Portfolio Upstox Vs Bonanza Portfolio
Master Trust Capital Vs Bezel Stock Brokers Upstox Vs Bezel Stock Brokers
Master Trust Capital Vs Beeline Broking Upstox Vs Beeline Broking
Master Trust Capital Vs Bansal Finstock Upstox Vs Bansal Finstock
Master Trust Capital Vs Axis Direct Upstox Vs Axis Direct
Master Trust Capital Vs ASE Capital Markets Upstox Vs ASE Capital Markets
Master Trust Capital Vs Arihant Capital Upstox Vs Arihant Capital
Master Trust Capital Vs Alice Blue Upstox Vs Alice Blue
Master Trust Capital Vs 5Paisa Upstox Vs 5Paisa
Master Trust Capital Vs M.stock Upstox Vs M.stock
Master Trust Capital Vs WisdomCapital Upstox Vs WisdomCapital
Master Trust Capital Vs Way2wealth Upstox Vs Way2wealth
Master Trust Capital Vs Ventura Securities Upstox Vs Ventura Securities
Master Trust Capital Vs Navia Markets Ltd Upstox Vs Navia Markets Ltd
Master Trust Capital Vs Tradejini Upstox Vs Tradejini
Master Trust Capital Vs Tata Securities Upstox Vs Tata Securities
Master Trust Capital Vs Swastika Investmart Upstox Vs Swastika Investmart
Master Trust Capital Vs SMC Global Upstox Vs SMC Global
Master Trust Capital Vs SBICAP Securities Upstox Vs SBICAP Securities
Master Trust Capital Vs SASOnline Upstox Vs SASOnline
Master Trust Capital Vs Samco securities Upstox Vs Samco securities
Master Trust Capital Vs RK Global Upstox Vs RK Global
Master Trust Capital Vs Reliance Securities Upstox Vs Reliance Securities
Master Trust Capital Vs Nirmal Bang Upstox Vs Nirmal Bang
Master Trust Capital Vs Kotak Securities Upstox Vs Kotak Securities
Master Trust Capital Vs Interactive Brokers Upstox Vs Interactive Brokers
Master Trust Capital Vs IIFL Securities Upstox Vs IIFL Securities
Master Trust Capital Vs Dhani Upstox Vs Dhani
Master Trust Capital Vs IDBI Capital Upstox Vs IDBI Capital
Master Trust Capital Vs HDFC Securities Upstox Vs HDFC Securities
Master Trust Capital Vs Geojit Upstox Vs Geojit
Master Trust Capital Vs Fyers Securities Upstox Vs Fyers Securities
Master Trust Capital Vs Edelweiss Capital Upstox Vs Edelweiss Capital
Master Trust Capital Vs Easytradez Upstox Vs Easytradez
Master Trust Capital Vs Rupeezy Upstox Vs Rupeezy
Master Trust Capital Vs Anand Rathi Upstox Vs Anand Rathi
Master Trust Capital Vs Aditya Birla Money Upstox Vs Aditya Birla Money
Master Trust Capital Vs Achiievers Upstox Vs Achiievers
Master Trust Capital Vs A C Choksi Upstox Vs A C Choksi
Master Trust Capital Vs Angel Broking Upstox Vs Angel Broking
Master Trust Capital Vs Motilal Oswal Upstox Vs Motilal Oswal
Master Trust Capital Vs ICICI Direct Upstox Vs ICICI Direct
Master Trust Capital Vs Sharekhan Upstox Vs Sharekhan
Master Trust Capital Vs Groww Upstox Vs Groww
Master Trust Capital Vs Tradesmart Online Upstox Vs Tradesmart Online
Master Trust Capital Vs Zerodha Upstox Vs Zerodha

Frequently Asked Questions

Is Master Trust Capital better than Upstox ?

Master Trust Capital and Upstox are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Upstox better than Master Trust Capital ?

Master Trust Capital and Upstox are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Master Trust Capital cheaper than Upstox ?

Master Trust Capital and Upstox are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Upstox cheaper than Master Trust Capital ?

Master Trust Capital and Upstox are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Master Trust Capital vs. Upstox ?

To find out the better of the two stockbrokers Master Trust Capital and Upstox, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.