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 |
| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
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) |
| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
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 - 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 - 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) |
| 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 - Features
| Master Trust | ICICI 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 | 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 |
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| Direct Mutual Fund |
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| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
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 | ||
| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
Master Trust Vs ICICI Direct - Request a call back from Broker
| Master Trust | ICICI Direct | |
|---|---|---|
| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
Master Trust Vs ICICI Direct - Investment Options
| Master Trust | ICICI Direct | |
|---|---|---|
| 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 Master Trust Open Account | Enquiry with ICICI Direct Open Account |
Master Trust Vs ICICI Direct - Order Type
| Master Trust | ICICI 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 |
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| After Market Order(AMO) |
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| STBT |
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| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
Master Trust Vs ICICI Direct - Research & Report
| Master Trust | ICICI 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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| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
Master Trust Vs ICICI Direct - Daily Market Report
| Master Trust | ICICI Direct | |
|---|---|---|
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Compare Stock Brokers Review | ||
| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
Master Trust Vs ICICI Direct - Suitable For Investor
| Master Trust | ICICI Direct | |
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| Casual Investor | ||
| Active Investor |
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| Trader |
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| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
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. |
| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
Master Trust Vs ICICI Direct - Background
| Master Trust | ICICI Direct | |
|---|---|---|
| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
Master Trust Vs ICICI Direct - Compare All Brokers
| Master Trust | ICICI Direct | |
|---|---|---|
| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |
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 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 brokerage business since August 2014. T .. + " Vs "+ ICICI Direct |
ICICI Direct NRI AccountICICI 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.
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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 |
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| Direct Mutual Fund |
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| Enquiry with Master Trust Open Account | Enquiry with ICICI Direct Open Account |