Online Account Opening
Who all can open a Trading and Demat account with mastertrust ?
Anyone who wishes to trade in securities market can open a Trading and Demat account with us. *Presently we offer online account opening to resident individuals only.
In which segments can I open an online trading account with mastertrust ?
At mastertrust, we offer all in one online trading account which offers Trading and Demat, Commodity as well as Mutual Fund account: The segments that you can select are: • Equity • Equity Derivatives • Currency Derivatives • Mutual ...
How long does it take to open an account ?
Once your Trading and Demat account is activated, you will receive a welcome message and an email on your registered mobile number and email id. Also, we’ll send you the details of your client id and password within 7 working days after the ...
How much does it cost to open a Trading and Demat account with mastertrust ?
We offer customized brokerage schemes suited to your trading requirements. So the cost depends on the scheme that you choose while opening your Trading and Demat account with us.
What if I already have a Demat account with another Depository ?
In online e KYC process, opening a Demat account is mandatory along with a Trading account. You can request for mapping Demat account with other DP once your account is activated.
Can I open a trading account without opening a DEMAT account ?
No, you cannot open a trading account without opening a DEMAT account with mastertrust.
How do i open new Trading and Demat account online through eKYC ?
• Visit us online using https://www.mastertrust.co.in/open-trading-account/1 for opening an online Trading or Demat account • Submit your application and upload KYC documents. • Complete Equity E-sign with Aadhaar OTP.
What is power of attorney (PoA) and why is it needed ?
When you buy shares through the offline or online trading account, mastertrust doesn't need a PoA, as the shares are transferred to your Demat account. But, when you sell the shares online, PoA is required as it is a document that authorizes us to ...
What is DigiLocker ?
DigiLocker provides an account in cloud to every Aadhaar holder to access authentic documents/certificates such as driving license, vehicle registration, academic mark sheet in digital format from the original issuers of these certificates. The ...
What is In Person Verification (IPV) ?
In-Person Verification or (IPV) is a process where the broker verifies the physical existence of the applicant. IPV is not needed in our eKYC process as we use Digilocker for the eKYC process. Only LIVE picture is to be clicked.
What documents are required to open an online account with mastertrust ?
For opening an Individual Trading and Demat Account you can provide your: • Copy of PAN Card • Signed Cancelled Cheque/bank statement of latest last quarter, having Bank Name, address of the branch, MICR and IFSC code • Income Proof (For F&O/ ...