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Comparision (Master Trust VS ICICI Direct)

Master Trust Vs ICICI 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 2021.


ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Master Trust Vs ICICI Direct - Broker Details

Master Trust ICICI Direct
Single Margin Facility
Year of Incorporation 1985 1995
Exchanges BSE, NSE and MCX BSE and NSE.
Branches 20+ 250+
Brokerage Rs.20/Order. Prime Plan: ₹900
Broker Type Full service Broker Full service Broker
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Master Trust Vs ICICI Direct - Account Opening & AMC Charges

Master Trust ICICI Direct
Trading Account Opening Charge ₹100 Rs.0 (Free)
Demat Account Opening Charge ₹0 Rs.0 (Free)
Demat Account AMC ₹300 ₹700 (From 2nd Year)
Trading Account AMC ₹0 Rs.0 (Free)
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Master Trust Vs ICICI Direct - Brokerage charges & Plans

Master Trust ICICI Direct
Commodity Futures ₹20 per executed order or 0.30% NA
Currency Futures ₹20 per executed order or 0.03% I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0
Equity Delivery Rs.0/- or 0.30% I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
Equity Options ₹20 per executed order I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0
Commodity Options ₹20 per executed order NA
Equity Futures ₹20 per executed order or 0.03% I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25%
Currency Options ₹20 per executed order I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0
Fixed Charges Rs. 20/Order Prime Plan: ₹900
Equity Intraday ₹20 per executed order or 0.03% I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
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Master Trust Vs ICICI Direct - Other Charges

Master Trust ICICI Direct
RMS Square Off Charge - -
API Charges APIs are available free of cost.
Call & Trade Charges NA Rs.25/per order
Other Brokerage Charges 0.03% Prime Plan: ₹900
Minimum Brokerage Rs.20/order Rs.20/order
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Master Trust Vs ICICI Direct - Transaction Charges

Master Trust ICICI Direct
Currency Options NSE ₹4200 | BSE ₹1000 ₹5000 per Cr. (0.05) (On Premium)
Equity Futures NSE ₹300 | BSE ₹150 ₹180 per Cr (0.0018%)
Equity Intraday NSE ₹325| BSE ₹325 NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side)
Equity Options NSE ₹6000 | BSE ₹3500 ₹5000 per Cr (0.05%) (On premium)
Commodity MCX ₹250 NA
Currency Futures NSE ₹120 | BSE ₹100 ₹120 per Cr (0.0012%)
Equity Delivery NSE ₹325| BSE ₹325 NSE ₹310 per Cr | BSE ₹280 per Cr (0.0028%) (Each Side)
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Master Trust Vs ICICI Direct - Margin (Exposure)

Master Trust ICICI Direct
Equity Options NA 2 times for shorting
Equity Intraday Up to 5 times Up to 25 times
Currency Options NA NA
Commodity Options NA NA
Commodity Futures Up to 2 times NA
Equity Delivery NA 5 times with Interest
Currency Futures Up to 2 times NA
Equity Futures Up to 2 times 4 times
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Master Trust Vs ICICI Direct - Features

Master Trust ICICI Direct
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 3:15 3:30 PM
Trading Platform Master Swift 2.0,. Master Trust Mobile App, Master Marts, 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
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Master Trust Vs ICICI Direct - Review & Rating

Master Trust ICICI Direct
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
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Master Trust Vs ICICI Direct - Request a call back from Broker

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

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

Master Trust ICICI Direct
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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Master Trust Vs ICICI Direct - Research & Report

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

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

Master Trust ICICI Direct
Casual Investor
Active Investor
Trader
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Master Trust Vs ICICI Direct - Pros & Cons

Master Trust ICICI 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 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.
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. 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.
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Master Trust Vs ICICI Direct - Background

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

Master Trust ICICI Direct
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Master Trust Vs ICICI Direct - Account Opening & AMC Charges

Master Trust
ICICI Direct
Trading Account Opening Charge
₹100
Rs.0 (Free)
Demat Account Opening Charge
₹0
Rs.0 (Free)
Demat Account AMC
₹300
₹700 (From 2nd Year)
Trading Account AMC
₹0
Rs.0 (Free)

Master Trust Vs ICICI Direct

Master Trust ICICI Direct
 

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 brokerage business since August 2014. T ..
+ " Vs "+ ICICI Direct

ICICI Direct NRI Account

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 institutional customers.
 
 

ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Master Trust Vs ICICI Direct - Brokerage charges & Plans

Master Trust ICICI Direct
Commodity Futures ₹20 per executed order or 0.30% NA
Currency Futures ₹20 per executed order or 0.03% I-Secure Plan: 0.050% to 0.030%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: ₹0
Equity Delivery Rs.0/- or 0.30% I-Secure Plan: 0.55%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
Equity Options ₹20 per executed order I-Secure Plan: Up to ₹95; I-Saver Plan: Up to ₹95 per lot; Prime Plan: ₹0
Commodity Options ₹20 per executed order NA
Equity Futures ₹20 per executed order or 0.03% I-Secure Plan: 0.05% to 0.03%; I-Saver Plan: 0.05% to 0.03%; Prime Plan: 0.25%
Currency Options ₹20 per executed order I-Secure Plan: Up to ₹25 per lot; I-Saver Plan: ₹0.25 to ₹65 per lot; Prime Plan: ₹0
Fixed Charges Rs. 20/Order Prime Plan: ₹900
Equity Intraday ₹20 per executed order or 0.03% I-Secure Plan: 0.275%; I-Saver Plan: 0.75% to 0.25%; Prime Plan: 0.25%
Enquiry with Master Trust   Open Account Enquiry with ICICI Direct   Open Account

Master Trust Vs ICICI Direct - Margin (Exposure)

Master Trust ICICI Direct
Equity Options NA 2 times for shorting
Equity Intraday Up to 5 times Up to 25 times
Currency Options NA NA
Commodity Options NA NA
Commodity Futures Up to 2 times NA
Equity Delivery NA 5 times with Interest
Currency Futures Up to 2 times NA
Equity Futures Up to 2 times 4 times
Enquiry with Master Trust   Open Account Enquiry with ICICI Direct   Open Account

Master Trust Vs ICICI Direct - Other Charges

Master Trust ICICI Direct
RMS Square Off Charge - -
API Charges APIs are available free of cost.
Call & Trade Charges NA Rs.25/per order
Other Brokerage Charges 0.03% Prime Plan: ₹900
Minimum Brokerage Rs.20/order Rs.20/order
Enquiry with Master Trust   Open Account Enquiry with ICICI Direct   Open Account

Master Trust Vs ICICI Direct - Features

Master Trust ICICI Direct
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 3:15 3:30 PM
Trading Platform Master Swift 2.0,. Master Trust Mobile App, Master Marts, 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App.
SMS Alerts for Trades
Direct Mutual Fund
Enquiry with Master Trust   Open Account Enquiry with ICICI Direct   Open Account