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Comparision (ICICI Direct VS Master Trust)

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
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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
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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%
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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
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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
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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
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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
Direct Mutual Fund
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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
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ICICI Direct Vs Master Trust - Request a call back from Broker

ICICI Direct Master Trust
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ICICI Direct Vs Master Trust - Investment Options

ICICI Direct Master Trust
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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ICICI Direct Vs Master Trust - Order Type

ICICI Direct Master Trust
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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ICICI Direct Vs Master Trust - Research & Report

ICICI Direct Master Trust
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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ICICI Direct Vs Master Trust - Daily Market Report

ICICI Direct Master Trust
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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ICICI Direct Vs Master Trust - Suitable For Investor

ICICI Direct Master Trust
Casual Investor
Active Investor
Trader
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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.
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ICICI Direct Vs Master Trust - Background

ICICI Direct Master Trust
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ICICI Direct Vs Master Trust - Compare All Brokers

ICICI Direct Master Trust
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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 Review

ICICI 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 Review

Master 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 Read more..
 
 

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
Direct Mutual Fund
Enquiry with ICICI Direct   Open Account Enquiry with Master Trust   Open Account