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ICICI Direct Vs Master Trust (Compare ICICI Direct and Master Trust)

The side-by-side comparison of ICICI Direct and Master Trust. Compare ICICI Direct Vs Master Trust brokerage, charges, exposure margin, demat account. Read Master Trust and ICICI Direct review.

Find out ICICI Direct Vs Master Trust which is better and ICICI Direct Vs Master Trust which is best.

Our ICICI Securities Pvt Ltd. comparison with Master Capital Services Ltd highlights the major differences between two brokers. Find the best between ICICI Direct and Master Trust.

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ICICI Direct Vs Master Trust

  ICICI Direct Master Trust
Find more info about broker
ICICI Securities Pvt Ltd. Logo Master Capital Services Ltd Logo
About the Broker ICICI Direct is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Grou... Know more about ICICI Securities Pvt Ltd. Master Trust is a discount brokerage company part of the Master Capital Services Ltd. Incorporated in 1985; Master Capital Services Ltd (part of Master Trust Group) is a leading financial services company in India with over 1.5 lakh clients. Maste... Know more about Master Capital Services Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE BSE, NSE, MCX
Account Type 3-in-1 Account (I-Secure Plan) Per Order Executed
Broker Enquiry Open an Online Trading Account with ICICI Direct. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Master Trust. Leave your contact info and we will get in touch with you.
Year of Incorporation 2000
Number of Branches 154
Enquire ICICI Direct Enquire Master Trust
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ICICI Direct Vs Master Trust Charges

  ICICI Direct Master Trust
Trading Account Opening Fees ₹975 ₹555
Trading Account AMC ₹0 Nil
Demat Account Opening Fees ₹0 Nil
Demat Account AMC ₹450 ₹400
Demat Account is Mandatory? No No
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ICICI Direct Vs Master Trust Brokerage

Brokerage Plan 1

  ICICI Direct Master Trust
Account Type 3-in-1 Account (I-Secure Plan) Per Order Executed
Fixed Charges
Equity Delivery Brokerage 0.55% ₹10 per executed order
Equity Intraday Brokerage 0.275% ₹10 per executed order
Equity Futures Brokerage 0.05% to 0.03% ₹10 per executed order
Equity Options Brokerage ₹95 to ₹35 per lot ₹10 per executed order
Currency Futures Trading Brokerage 0.050% to 0.030% ₹10 per executed order
Currency Options Trading Brokerage ₹25 to ₹10 per lot ₹10 per executed order
Commodity Futures Trading Brokerage NA ₹10 per executed order
Commodity Options Trading Brokerage NA
Special Offer
Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.

Brokerage Plan 2

  ICICI Direct Master Trust
Account Type I-Saver Plan Fixed Monthly Plan
Fixed Charges ₹1000
Equity Delivery Brokerage 0.75% to 0.25% ₹0
Equity Intraday Brokerage 0.75% to 0.25% ₹0
Equity Futures Brokerage 0.05% to 0.03% ₹0
Equity Options Brokerage ₹95 to ₹65 per lot ₹0
Currency Futures Trading Brokerage 0.05% to 0.03% ₹0
Currency Options Trading Brokerage 0.25 to ₹65 per lot ₹0
Commodity Futures Trading Brokerage NA ₹0
Commodity Options Trading Brokerage NA

Brokerage Plan 3

  ICICI Direct Master Trust
Account Type ICICIdirect Prime Plan Per Order Executed
Fixed Charges ₹900
Equity Delivery Brokerage 0.25% ₹10 per executed order
Equity Intraday Brokerage 0.25% ₹10 per executed order
Equity Futures Brokerage 0.025% ₹10 per executed order
Equity Options Brokerage ₹35 ₹10 per executed order
Currency Futures Trading Brokerage ₹0 ₹10 per executed order
Currency Options Trading Brokerage ₹0 ₹10 per executed order
Commodity Futures Trading Brokerage NA ₹10 per executed order
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges ₹35 per trade ₹0
Other Brokerage Charges
Call & Trade Charges ₹25 per call after first 20 free calls per month ₹20 per executed order
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ICICI Direct Vs Master Trust Taxes

  ICICI Direct Master Trust
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below
SEBI Charges Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address.
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ICICI Direct Vs Master Trust Transaction Charges

  ICICI Direct Master Trust
Equity Delivery NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 | BSE ₹325
Equity Intraday NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side) NSE ₹325 | BSE ₹325
Equity Futures ₹180 per Cr (0.0018%) NSE ₹300 | BSE ₹150
Equity Options ₹5000 per Cr (0.05%) (on premium) NSE ₹6000 | BSE ₹3500
Currency Futures ₹120 per Cr (0.0012%) NSE ₹120 | BSE ₹100
Currency Options ₹5000 per Cr (0.05%) (on premium) NSE ₹4200 | BSE ₹1000
Commodity NA MCX ₹250
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ICICI Direct Vs Master Trust Exposure Margin

  ICICI Direct Master Trust
Equity Delivery 5x with Interest
Equity Intraday Upto 25x
Equity Futures 4x
Equity Options 2x for shorting
Currency Futures NA
Currency Options NA
Commodity Futures NA
Commodity Options
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ICICI Direct and Master Trust Feature Comparison

  ICICI Direct Master Trust
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App OMNESYS NEST
Intraday Square-off Time 3:30 PM
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program
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ICICI Direct Vs Master Trust Review

  ICICI Direct Master Trust
  405 Customer Reviews    Rate ICICI Direct 9 Customer Reviews    Rate Master Trust
Fees Ratings 2.3 3.4
Trading Brokerage Rating 1.7 4.4
Trading Platform Usability 3.4 3.8
Customer Service Ratings 2.8 3.8
Overall Ratings Rated 2.4 stars Rated 3.8 stars
Broker Rating ICICI Direct is Rated 2.4 / 5 based on 405 customer reviews Master Trust is Rated 3.8 / 5 based on 9 customer reviews
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Contact Broker / Request A Call Back

  ICICI Direct Enquire Master Trust Enquire
Contact Broker

Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.

Leave your contact information and we will get in touch with you....

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ICICI Direct Vs Master Trust Investment Options

  ICICI Direct Master Trust
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS Mutual Funds
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ICICI Direct Vs Master Trust Customer Service

  ICICI Direct Master Trust
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes No
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ICICI Direct Vs Master Trust Order Type Offered

  ICICI Direct Master Trust
Bracket Order No
Cover Order Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
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ICICI Direct Vs Master Trust Research Report

  ICICI Direct Master Trust
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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ICICI Direct Vs Master Trust Suitable For Investor Type

  ICICI Direct Master Trust
Casual Investor Yes
Active Investor
Trader Yes
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ICICI Direct Vs Master Trust - Advantages and Disadvantages

  ICICI Direct Master Trust
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.

More Advantages...

  1. Monthly unlimited trading plans available for trading at NSE, BSE and MCX.
  2. Funds transfer facility with 45 major banks available.
  3. MyValueTrade gives Intraday up to 33 times exposure
  4. No minimum brokerage.
  5. No need to login in different platforms for different segment.
  6. No more need to transfer deposits in one exchange to another for trading.
  7. Trade across all segments using Flexi-Balance feature wherein the balance across different segments viz. Equity, commodity, derivatives and currency can be used as one single balance.

More Advantages...

Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India.
  • Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hou₹of trading.
  • Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750.
  • Demat Account is mandatory.
  • Commodity trading is not available for retail investors.
  • Call & trade cost extra ₹25 per call after first 20 free calls in a month.

More Disadvantages...

More Disadvantages...

Reviews
Promo / Offers

ICICI 3-in-1 Account

ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits.

Interested in opening a trading account? Request Callback from a stock broker.

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