Master Trust Vs Axis Direct
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 2024.
Axis Direct
Axis Direct is a full service Broker. Axis Direct 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.
Master Trust Vs Axis Direct - Broker Details
| Master Trust | Axis Direct | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1985 | 2011 |
| Exchanges | BSE, NSE and MCX | BSE, NSE, MCX and NCDEX |
| Branches | 989+ | 2500+ |
| Brokerage | ₹20/ Order | 0.05% |
| Broker Type | Full service Broker | Full Service Broker |
Master Trust Vs Axis Direct - Account Opening & AMC Charges
| Master Trust | Axis Direct | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹900/- |
| Demat Account Opening Charge | ₹100/- | ₹0 (Free) |
| Demat Account AMC | ₹300 | ₹750/- |
| Trading Account AMC | ₹0 | ₹0 (Free) |
Master Trust Vs Axis Direct - Brokerage charges & Plans
| Master Trust | Axis Direct | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.03% |
| Currency Futures | ₹20/ Order or 0.30% | 0.05% |
| Equity Delivery | ₹0/- or 0.30% | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹75/ Lot | ₹10/ Order |
| Commodity Options | ₹75/ Lot | ₹50/ Lot |
| Equity Futures | ₹20/ Order or 0.30% | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹25/ Lot | ₹10/ Order |
| Fixed Charges | ₹20/ Order | N/A |
| Equity Intraday | ₹20/Order or 0.03% | 0.05% |
Master Trust Vs Axis Direct - Other Charges
| Master Trust | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | N/A | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | APIs are available free of cost. | N/A |
| Call & Trade Charges | N/A | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | ₹20/Order or 0.03% | 0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
Master Trust Vs Axis Direct - Transaction Charges
| Master Trust | Axis Direct | |
|---|---|---|
| Currency Options | NSE ₹4200 | BSE ₹1000 | ₹5000/Cr (0.05%) (on premium) |
| Equity Futures | NSE ₹300 | BSE ₹150 | NSE ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) |
| Equity Intraday | NSE ₹325| BSE ₹325 | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
| Equity Options | NSE ₹6000 | BSE ₹3500 | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (on premium) |
| Commodity | MCX ₹250 | N/A |
| Currency Futures | NSE ₹120 | BSE ₹100 | ₹190/Cr (0.0019%) |
| Equity Delivery | NSE ₹325| BSE ₹325 | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) |
Master Trust Vs Axis Direct - Margin (Exposure)
| Master Trust | Axis Direct | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (Up to 20% of trade value) |
| Currency Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x | 1x (100% of trade value) |
| Currency Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
Master Trust Vs Axis Direct - Features
| Master Trust | Axis Direct | |
|---|---|---|
| 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 | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Master Trust Vs Axis Direct - Review & Rating
| Master Trust | Axis Direct | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Master Trust Vs Axis Direct - Request a call back from Broker
| Master Trust | Axis Direct | |
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Master Trust Vs Axis Direct - Investment Options
| Master Trust | Axis Direct | |
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| 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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Master Trust Vs Axis Direct - Order Type
| Master Trust | Axis Direct | |
|---|---|---|
| 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 (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Master Trust Vs Axis Direct - Research & Report
| Master Trust | Axis Direct | |
|---|---|---|
| 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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Master Trust Vs Axis Direct - Daily Market Report
| Master Trust | Axis Direct | |
|---|---|---|
| Daily Market Reports & News |
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Master Trust Vs Axis Direct - Suitable For Investor
| Master Trust | Axis Direct | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Master Trust Vs Axis Direct - Pros & Cons
| Master Trust | Axis Direct | |
|---|---|---|
| Pros | 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. | 1.It offers three in one account that enables the smooth transfer of funds. 2.It provides elaborated research and reports. 3.It provides various trading software that has very quick and high performance. 4. It provides personal guidance from the experts. 5. It has excellent trading platforms. |
| Cons | 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. | 1.They charge high for brokerage, account opening and even Annual Maintenance charges. 2. The exposure provided by the broker is the least. 3. There is no support for the commodity segment. 4. It charges fees for the trading terminal and charges a nominal fee on monthly basis. |
Master Trust Vs Axis Direct - Background
| Master Trust | Axis Direct | |
|---|---|---|
Master Trust Vs Axis Direct - Compare All Brokers
| Master Trust | Axis Direct | |
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Master Trust Vs Axis Direct - STT/CTT
| Master Trust | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Master Trust Vs Axis Direct - Demat transaction charges
| Master Trust | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | |
Master Trust Vs Axis Direct - GST
| Master Trust | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Master Trust Vs Axis Direct - SEBI Charges
| Master Trust | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Axis Direct - Account Opening & AMC Charges
Master Trust
Axis Direct
Trading Account Opening Charge
₹0 (Free)
₹900/-
Demat Account Opening Charge
₹100/-
₹0 (Free)
Demat Account AMC
₹300
₹750/-
Trading Account AMC
₹0
₹0 (Free)
Master Trust Vs Axis Direct
| Master Trust | Axis Direct | |
|---|---|---|
Master Trust Review | Brokerage Charges, Account OpeningMaster 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. |
Axis Direct ReviewsAxis Securities Limited is a full-service broker that is a part of Axis bank, Which is a leading private bank in India. Online Axis directs its services and various other trading financial products to the retail customers in India through Axis Direct brand. Axis direct is NSDL or CDSL participant and ranked among the top stock brokers in India with more than 4.2 lakhs active customer .. |
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Axis Direct
Axis Direct is a full service Broker. Axis Direct 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.
Master Trust Vs Axis Direct - Brokerage charges & Plans
| Master Trust | Axis Direct | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.30% | 0.03% |
| Currency Futures | ₹20/ Order or 0.30% | 0.05% |
| Equity Delivery | ₹0/- or 0.30% | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% |
| Equity Options | ₹75/ Lot | ₹10/ Order |
| Commodity Options | ₹75/ Lot | ₹50/ Lot |
| Equity Futures | ₹20/ Order or 0.30% | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% |
| Currency Options | ₹25/ Lot | ₹10/ Order |
| Fixed Charges | ₹20/ Order | N/A |
| Equity Intraday | ₹20/Order or 0.03% | 0.05% |
Master Trust Vs Axis Direct - Margin (Exposure)
| Master Trust | Axis Direct | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | Upto 16x CO/BO:- ( Upto 48x) | 5x (Up to 20% of trade value) |
| Currency Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x | 1x (100% of trade value) |
| Currency Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 2x | 1x (100% of NRML margin (Span + Exposure) |
Master Trust Vs Axis Direct - Other Charges
| Master Trust | Axis Direct | |
|---|---|---|
| RMS Square Off Charge | N/A | Intraday:- ₹0/- | Carry forward:- ₹10/Lot |
| API Charges | APIs are available free of cost. | N/A |
| Call & Trade Charges | N/A | ₹20/ Call (20th call/ Month) |
| Other Brokerage Charges | ₹20/Order or 0.03% | 0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
Master Trust Vs Axis Direct - STT/CTT
| Master Trust | Axis Direct | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Master Trust Vs Axis Direct - Demat transaction charges
| Master Trust | Axis Direct | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | |
Master Trust Vs Axis Direct - GST
| Master Trust | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Master Trust Vs Axis Direct - SEBI Charges
| Master Trust | Axis Direct | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Master Trust Vs Axis Direct - Features
| Master Trust | Axis Direct | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM |
| Trading Platform | Master Swift 2.0, Master Trust Mobile App, Master Marts | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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