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Mastertrust | Algo Trading

Mastertrust Broker Information​

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What You’ll Need For MasterTrust Algo Trading​

AlgoTest Account​

You need to have an AlgoTest account. If you don’t have an AlgoTest account, you can create it by clicking on this link.

Mastertrust Demat Account​

You need to have an active Demat account in Jainam Duck. If you don’t have an account, Open a demat account in Mastertrust . Make sure to activate F&O on your account.

Connecting Mastertrust with AlgoTest​

  • Go to AlgoTest.in. Login your account. Click on the profile icon at the top right and select Broker Setup.

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  • Click on the setup icon located on the right side of the Mastertrust.

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  • Enter your Mastertrust Client ID and click on Add Mastertrust. You can locate Client ID by clicking on the profile icon in your mastertrust account.

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  • We have successfully added Mastertrust as broker to our AlgoTest Account. Now we just have to login to the Mastertrust broker account in AlgoTest. To log in, click on the Login button.

    Note :- Broker Login timing is 08:30 AM to 3:28 PM

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  • Once you are logged in, the system will display a status message confirming your login status, as shown in the image below.

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Mastertrust Broker: An Overview​

Mastertrust is a well-established financial services firm offering a wide range of investment and trading solutions in India. With a strong focus on customer service and transparency, Mastertrust provides services in equity, derivatives, commodities, currency trading, and more. The platform is designed to cater to both retail and institutional investors, offering tools like the Mastertrust brokerage calculator and Mastertrust screener to enhance the trading experience.

Mastertrust also offers a refer and earn program, allowing clients to earn rewards by referring friends and family to the platform. The broker is recognized for its competitive pricing, reliable customer support, and comprehensive trading tools.

What You Can Do with Mastertrust​

  • Open and Manage Accounts: Start trading by opening a Mastertrust account, accessible via the web or mobile platforms.

  • Utilize Advanced Trading Tools: Use the Mastertrust screener to filter stocks based on various criteria and the brokerage calculator to estimate your trading costs.

  • Earn with Refer and Earn: Participate in the Mastertrust refer and earn program to earn rewards for successful referrals.

  • Contact Customer Support: Reach out to Mastertrust customer care for any assistance or queries related to your account or trading activities.

Mastertrust Brokerage Charges​

Account Opening Charges​

  • Trading Account Opening Fee: ₹0 (Free)

  • Demat Account Opening Fee: ₹0 (Free)

Annual Maintenance Charges (AMC)​

  • Demat Account AMC: ₹300 per annum

Brokerage Charges​

  • Equity Delivery: 0.30% per order

  • Equity Intraday: 0.03% per order

  • Equity Futures: 0.03% per order

  • Equity Options: ₹75 per lot or 2.5% of premium (whichever is higher)

  • Currency Futures: ₹20 per lot

  • Currency Options: ₹20 per lot

  • Commodity Trading: 0.03% per order

Other Charges​

  • Call and Trade Charges: ₹20 per call

  • DP Charges: ₹15 per debit transaction

FAQs for Mastertrust Broker​

  1. How does a master trust work?

A master trust is a pooled investment vehicle where funds from multiple investors are combined to be managed as a single entity. In the context of brokerage, Mastertrust acts as a platform for trading and investing in various financial instruments.

  1. Who is the owner of Mastertrust Ltd?

Mastertrust Ltd is owned by Rajinder Kumar Singhania and H S Arora.

  1. Is Mastertrust real or fake?

Mastertrust is a legitimate and SEBI-registered brokerage firm, providing regulated financial services in India.

  1. Is Mastertrust SEBI registered?

Yes, Mastertrust is registered with SEBI (Securities and Exchange Board of India), ensuring compliance with regulatory standards.

  1. What is the minimum brokerage charge?

The minimum brokerage charge with Mastertrust varies by segment, with charges starting at 0.03% for intraday trading and ₹75 per lot for options trading.

  1. Which brokerage has the lowest fees?

Mastertrust offers competitive brokerage fees, especially in intraday and options trading, though other discount brokers may offer lower fees.

  1. How do I contact Mastertrust customer care?

You can contact Mastertrust customer care via their customer care number at [insert customer care number] or through email and online support.

  1. Is Mastertrust a discount broker?

Yes, Mastertrust operates as a discount broker, offering low-cost trading solutions with a focus on technology-driven services.

  1. Is Mastertrust CDSL or NSDL?

Mastertrust is affiliated with CDSL, providing depository services to its clients.

  1. How to close a Mastertrust account online?

To close your Mastertrust account online, you need to submit a request through their customer support portal or contact customer care for assistance.

  1. What is Mastertrust refer and earn?

Mastertrust refer and earn is a program where you can earn rewards by referring new clients to open and maintain accounts with Mastertrust.

  1. How to login to Mastertrust account?

You can log in to your Mastertrust account via the official website or mobile app using your registered credentials.

  1. Which broker is best for refer and earn?

Mastertrust is one of the brokers offering a lucrative refer and earn program, rewarding clients for successful referrals.