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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 2024.

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+ 989+
Brokerage Prime Plan: ₹900/- ₹20/ Order
Broker Type Full service Broker Full service Broker
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - Account Opening & AMC Charges

ICICI Direct Master Trust
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹100/-
Demat Account AMC ₹700 (From 2nd Year) | ₹300 for Neo Customers ₹300
Trading Account AMC ₹0 (Free) ₹0
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - Brokerage charges & Plans

ICICI Direct Master Trust
Commodity Futures ₹20/ Order ₹20/ Order or 0.30%
Currency Futures ₹20/ Order ₹20/ Order or 0.30%
Equity Delivery ₹0.09% ₹0/- or 0.30%
Equity Options ₹20/ Order ₹75/ Lot
Commodity Options ₹20/ Order ₹75/ Lot
Equity Futures ₹20/ Order ₹20/ Order or 0.30%
Currency Options ₹20/ Order ₹25/ Lot
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order ₹20/Order or 0.03%
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - Other Charges

ICICI Direct Master Trust
RMS Square Off Charge ₹50/ Order N/A
API Charges ₹0 (Free) APIs are available free of cost.
Call & Trade Charges ₹50/ Order N/A
Other Brokerage Charges Prime Plan: ₹900/- ₹20/Order or 0.03%
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - Transaction Charges

ICICI Direct Master Trust
Currency Options Exchange turnover charge: 0.04% |Clearing charge: 0.025% NSE ₹4200 | BSE ₹1000
Equity Futures NSE: 0.002% NSE ₹300 | BSE ₹150
Equity Intraday NSE: 0.00345% | BSE: 0.00345% NSE ₹325| BSE ₹325
Equity Options NSE: 0.053% NSE ₹6000 | BSE ₹3500
Commodity Non-Agri: Exchange turnover charge: 0.0026% MCX ₹250
Currency Futures Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% NSE ₹120 | BSE ₹100
Equity Delivery 0.00345% trade on buy & sell NSE ₹325| BSE ₹325
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - Margin (Exposure)

ICICI Direct Master Trust
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) Upto 16x CO/BO:- ( Upto 48x)
Currency Options 1x (100% of NRML margin (Span + Exposure) 2x
Commodity Options 1x (100% of NRML margin (Span + Exposure) 2x
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 2x
Equity Delivery 1x (100% of trade value) 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x
Currency Futures 1x (100% of NRML margin (Span + Exposure) 2x
Equity Futures 1x (100% of NRML margin (Span + Exposure) 2x
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

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 Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM
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
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

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
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

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 (SL-M)
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
Daily Market Reports & News
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

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. 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. 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. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order 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 ₹50 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
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - Compare All Brokers

ICICI Direct Master Trust
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - STT/CTT

ICICI Direct Master Trust
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group 0.025% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - Demat transaction charges

ICICI Direct Master Trust
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - GST

ICICI Direct Master Trust
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - SEBI Charges

ICICI Direct Master Trust
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - Account Opening & AMC Charges

ICICI Direct
Master Trust
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹100/-
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹300
Trading Account AMC
₹0 (Free)
₹0

ICICI Direct Vs Master Trust

ICICI Direct Master Trust
 

ICICI Direct Review | Brokerage Charges, Account Opening

With ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.

Master Trust Review | Brokerage Charges, Account Opening

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
 
 

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.

ICICI Direct Vs Master Trust - Brokerage charges & Plans

ICICI Direct Master Trust
Commodity Futures ₹20/ Order ₹20/ Order or 0.30%
Currency Futures ₹20/ Order ₹20/ Order or 0.30%
Equity Delivery ₹0.09% ₹0/- or 0.30%
Equity Options ₹20/ Order ₹75/ Lot
Commodity Options ₹20/ Order ₹75/ Lot
Equity Futures ₹20/ Order ₹20/ Order or 0.30%
Currency Options ₹20/ Order ₹25/ Lot
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order ₹20/Order or 0.03%
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - Margin (Exposure)

ICICI Direct Master Trust
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) Upto 16x CO/BO:- ( Upto 48x)
Currency Options 1x (100% of NRML margin (Span + Exposure) 2x
Commodity Options 1x (100% of NRML margin (Span + Exposure) 2x
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 2x
Equity Delivery 1x (100% of trade value) 20:20 Plan :- 1x | Standard Plan:- Upto 4.5x | My Plan:- Upto 4.5x
Currency Futures 1x (100% of NRML margin (Span + Exposure) 2x
Equity Futures 1x (100% of NRML margin (Span + Exposure) 2x
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - Other Charges

ICICI Direct Master Trust
RMS Square Off Charge ₹50/ Order N/A
API Charges ₹0 (Free) APIs are available free of cost.
Call & Trade Charges ₹50/ Order N/A
Other Brokerage Charges Prime Plan: ₹900/- ₹20/Order or 0.03%
Minimum Brokerage ₹20/ Order ₹20/ Order
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - STT/CTT

ICICI Direct Master Trust
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group 0.025% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - Demat transaction charges

ICICI Direct Master Trust
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000)
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - GST

ICICI Direct Master Trust
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct Vs Master Trust - SEBI Charges

ICICI Direct Master Trust
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

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 Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities: 11:20 PM
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
Call Back Open Account Call Back with Master Trust Enquiry with Master Trust

ICICI Direct

Master Trust