ICICI Direct Vs Master Trust
ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Master Trust
Master Trust is a full service Broker. Master Trust Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages in 2021.
ICICI Direct Vs Master Trust - Broker Details
| ICICI Direct | Master Trust | |
|---|---|---|
| Single Margin Facility | ||
| Year of Incorporation | 1995 | 1985 |
| Exchanges | BSE and NSE. | BSE, NSE and MCX |
| Branches | 250+ | 20+ |
| Brokerage | Prime Plan: ₹900 | Rs.20/Order. |
| Broker Type | Full service Broker | Full service Broker |
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Account Opening & AMC Charges
| ICICI Direct | Master Trust | |
|---|---|---|
| Trading Account Opening Charge | Rs.0 (Free) | ₹100 |
| Demat Account Opening Charge | Rs.0 (Free) | ₹0 |
| Demat Account AMC | ₹700 (From 2nd Year) | ₹300 |
| Trading Account AMC | Rs.0 (Free) | ₹0 |
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Brokerage charges & Plans
| ICICI Direct | Master Trust | |
|---|---|---|
| Commodity Futures | NA | ₹20 per executed order or 0.30% |
| Currency Futures | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 | ₹20 per executed order or 0.03% |
| Equity Delivery | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | Rs.0/- or 0.30% |
| Equity Options | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 | ₹20 per executed order |
| Commodity Options | NA | ₹20 per executed order |
| Equity Futures | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% | ₹20 per executed order or 0.03% |
| Currency Options | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 | ₹20 per executed order |
| Fixed Charges | Prime Plan: ₹900 | Rs. 20/Order |
| Equity Intraday | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | ₹20 per executed order or 0.03% |
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Other Charges
| ICICI Direct | Master Trust | |
|---|---|---|
| RMS Square Off Charge | - | - |
| API Charges | APIs are available free of cost. | |
| Call & Trade Charges | Rs.25/per order | NA |
| Other Brokerage Charges | Prime Plan: ₹900 | 0.03% |
| Minimum Brokerage | Rs.20/order | Rs.20/order |
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Transaction Charges
| ICICI Direct | Master Trust | |
|---|---|---|
| Currency Options | ₹5000 per Cr. (0.05) (On Premium) | NSE ₹4200 | BSE ₹1000 |
| Equity Futures | ₹180 per Cr (0.0018%) | NSE ₹300 | BSE ₹150 |
| Equity Intraday | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) | NSE ₹325| BSE ₹325 |
| Equity Options | ₹5000 per Cr (0.05%) (On premium) | NSE ₹6000 | BSE ₹3500 |
| Commodity | NA | MCX ₹250 |
| Currency Futures | ₹120 per Cr (0.0012%) | NSE ₹120 | BSE ₹100 |
| Equity Delivery | NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side) | NSE ₹325| BSE ₹325 |
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Margin (Exposure)
| ICICI Direct | Master Trust | |
|---|---|---|
| Equity Options | 2 times for shorting | NA |
| Equity Intraday | Up to 25 times | Up to 5 times |
| Currency Options | NA | NA |
| Commodity Options | NA | NA |
| Commodity Futures | NA | Up to 2 times |
| Equity Delivery | 5 times with Interest | NA |
| Currency Futures | NA | Up to 2 times |
| Equity Futures | 4 times | Up to 2 times |
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Features
| ICICI Direct | Master Trust | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | 3:30 PM | 3:15 |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | Master Swift 2.0,. Master Trust Mobile App, Master Marts, |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Review & Rating
| ICICI Direct | Master Trust | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Request a call back from Broker
| ICICI Direct | Master Trust | |
|---|---|---|
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Investment Options
| ICICI Direct | Master Trust | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Order Type
| ICICI Direct | Master Trust | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW |
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| After Market Order(AMO) |
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| STBT |
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| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Research & Report
| ICICI Direct | Master Trust | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Daily Market Report
| ICICI Direct | Master Trust | |
|---|---|---|
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Suitable For Investor
| ICICI Direct | Master Trust | |
|---|---|---|
| Casual Investor | ||
| Active Investor |
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| Trader |
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| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Pros & Cons
| ICICI Direct | Master Trust | |
|---|---|---|
| Pros | 1. It facilitates its customers by providing an integrated three-in-one account i.e. banking, broking and demat accounts. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. 5. The low bandwidth website is available for the slow internet connection or for the trading from various mobile devices. 6. By placing the VTC feature i.e. Valid till Cancelled, the customers can place buy or sell the limit orders that remains valid for 45 days. | 1. The broker has a very decent offline presence. 2. It has various multiple communication channels. 3. It provides a fantastic range of trading products. 4. It charges low brokerage from its customers. |
| Cons | 1. The brokerage of ICICI direct is high and not negotiable. The brokerage can be brought down simply by subscribing to the ICICI direct prime or prepaid brokerage plans. 2. It does not offer commodity trading. With the ICICI Trading account the customers can’t trade at MCX or NCDEX. It offers several plans to introduce commodity trading in future. 3. The minimum brokerage as the standard I-Secure plan is ₹35 per trade that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹25 per call for the call and trader after first 20 free calls in a month. | 1. The broker avails its customer with very less exposure or leverage to its customers. 2. They offer a two-in-one account and not the three-in-one account like other brokers to its customers. |
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Background
| ICICI Direct | Master Trust | |
|---|---|---|
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Compare All Brokers
| ICICI Direct | Master Trust | |
|---|---|---|
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Account Opening & AMC Charges
ICICI Direct
Master Trust
Trading Account Opening Charge
Rs.0 (Free)
₹100
Demat Account Opening Charge
Rs.0 (Free)
₹0
Demat Account AMC
₹700 (From 2nd Year)
₹300
Trading Account AMC
Rs.0 (Free)
₹0
ICICI Direct Vs Master Trust
| ICICI Direct | Master Trust | |
|---|---|---|
ICICI Direct NRI Account Opening, Charges, Services ReviewICICI Direct is a full-service broker that avails its customer the service of retail trading and investment service from ICICI securities. ICICI Securities is the famous and largest stock broker in India. It was incorporated on 9 March, 1995 as ICICI Brokerage Services. The company offers a broad range of investment options to the retail and ins .. + " Vs "+ Master Trust |
Master Trust NRI Account ReviewMaster Trust is a discount brokerage firm that is a part of Master Trust Capital Services Ltd. This brokerage firm was incorporated in the year 1985. The Capital Services Limited is one of the leading financial firm company in India. This Master Trust Group has entered to the discount
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Master Trust
Master Trust is a full service Broker. Master Trust Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages in 2021.
ICICI Direct Vs Master Trust - Brokerage charges & Plans
| ICICI Direct | Master Trust | |
|---|---|---|
| Commodity Futures | NA | ₹20 per executed order or 0.30% |
| Currency Futures | I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0 | ₹20 per executed order or 0.03% |
| Equity Delivery | I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | Rs.0/- or 0.30% |
| Equity Options | I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0 | ₹20 per executed order |
| Commodity Options | NA | ₹20 per executed order |
| Equity Futures | I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25% | ₹20 per executed order or 0.03% |
| Currency Options | I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0 | ₹20 per executed order |
| Fixed Charges | Prime Plan: ₹900 | Rs. 20/Order |
| Equity Intraday | I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25% | ₹20 per executed order or 0.03% |
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Margin (Exposure)
| ICICI Direct | Master Trust | |
|---|---|---|
| Equity Options | 2 times for shorting | NA |
| Equity Intraday | Up to 25 times | Up to 5 times |
| Currency Options | NA | NA |
| Commodity Options | NA | NA |
| Commodity Futures | NA | Up to 2 times |
| Equity Delivery | 5 times with Interest | NA |
| Currency Futures | NA | Up to 2 times |
| Equity Futures | 4 times | Up to 2 times |
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Other Charges
| ICICI Direct | Master Trust | |
|---|---|---|
| RMS Square Off Charge | - | - |
| API Charges | APIs are available free of cost. | |
| Call & Trade Charges | Rs.25/per order | NA |
| Other Brokerage Charges | Prime Plan: ₹900 | 0.03% |
| Minimum Brokerage | Rs.20/order | Rs.20/order |
| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |
ICICI Direct Vs Master Trust - Features
| ICICI Direct | Master Trust | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | 3:30 PM | 3:15 |
| Trading Platform | 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. | Master Swift 2.0,. Master Trust Mobile App, Master Marts, |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
|
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| Enquiry with ICICI Direct Open Account | Enquiry with Master Trust Open Account |