Master Trust Vs AxisDirect (Compare Master Trust and AxisDirect)

The side-by-side comparison of Master Trust and AxisDirect. Compare Master Trust Vs AxisDirect brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Master Trust vs AxisDirect?


Master Trust
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. Master Trust Group entered in to discount brokerage business in Aug 2014. Master Trust offers both flat fees per trade and standard trading plan. They have PAN India presence with a client base of 2,50,000 which covers 300+ locations across 22 states of India Master Trust has f... Know more about Master Capital Services Ltd


AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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Master Trust Vs AxisDirect

Incorporated in , Master Trust is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  Master Trust AxisDirect
Type of Broker Discount Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX
Account Type 20:20 Plan Standard Brokerage Plan
Year of Incorporation 2006
Number of Branches 56
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Master Trust Vs AxisDirect Charges & AMC

Master Trust trading account opening charges is ₹100 while AxisDirect account opening changes is ₹900. Master Trust Demat Account AMC Charges is ₹300 and AxisDirect Demat Account AMC Charges is ₹650.

  Master Trust AxisDirect
Trading Account Opening Charges ₹100 ₹900
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0
Demat Account AMC Charges ₹300 ₹650
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Master Trust Vs AxisDirect Brokerage Charges & Plans

Master Trust Vs AxisDirect Brokerage

Master Trust brokerage charges for equity is ₹0 (Free) and intraday is ₹20 per executed order whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

  Master Trust AxisDirect
Account Type 20:20 Plan Standard Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹0 (Free) 0.50%
Equity Intraday Brokerage ₹20 per executed order 0.05%
Equity Futures Brokerage ₹20 per executed order 0.05%
Equity Options Brokerage ₹20 per executed order Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage ₹20 per executed order 0.05%
Currency Options Trading Brokerage ₹20 per executed order Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage ₹20 per executed order 0.03%
Commodity Options Trading Brokerage ₹20 per executed order ₹50 per lot
Special Offer

Master Trust Vs AxisDirect Brokerage Plan 2

  Master Trust AxisDirect
Account Type Standard Plan Standard Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage 0.30% 0.50%
Equity Intraday Brokerage 0.03% 0.05%
Equity Futures Brokerage 0.03% 0.05%
Equity Options Brokerage ₹75 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage 0.03% 0.05%
Currency Options Trading Brokerage ₹10 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage 0.30% 0.03%
Commodity Options Trading Brokerage ₹75 per lot ₹50 per lot
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Master Trust Vs AxisDirect Brokerage Plan 3

  Master Trust AxisDirect
Account Type My Plan Standard Brokerage Plan
Fixed Charges Annual brokerage of ₹1000 NA
Equity Delivery Brokerage 25% off on existing brokerage plan 0.50%
Equity Intraday Brokerage 25% off on existing brokerage plan 0.05%
Equity Futures Brokerage 25% off on existing brokerage plan 0.05%
Equity Options Brokerage 25% off on existing brokerage plan Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage 25% off on existing brokerage plan 0.05%
Currency Options Trading Brokerage 25% off on existing brokerage plan Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage 25% off on existing brokerage plan 0.03%
Commodity Options Trading Brokerage 25% off on existing brokerage plan ₹50 per lot
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Master Trust Charges Vs AxisDirect

Minimum Brokerage Charges ₹0 ₹20 per trade
Other Brokerage Charges
Call & Trade Charges ₹20 per executed order ₹20 per call
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Master Trust Vs AxisDirect Transaction Charges

Master Trust transaction charges for options is NSE ₹6000 | BSE ₹3500 while AxisDirect exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium).

  Master Trust AxisDirect
Equity Delivery NSE ₹325 | BSE ₹325 NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday NSE ₹325 | BSE ₹325 NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures NSE ₹300 | BSE ₹150 NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options NSE ₹6000 | BSE ₹3500 NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures NSE ₹120 | BSE ₹100 ₹190 per Cr (0.0019%)
Currency Options NSE ₹4200 | BSE ₹1000 ₹5000 per Cr (0.05%) (on premium)
Commodity MCX ₹250
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Master Trust Vs AxisDirect Leverage (Margin)

Master Trust provides the margin of Upto 16x for intraday trades whereas the AxisDirect margin for intraday cash is Upto 10x.

  Master Trust AxisDirect
Equity Delivery 1x for fixed brokerage plan; Upto 4.5x for standard plan 100% (1x)
Equity Intraday Upto 16x Upto 10x
Equity Futures 6x 100% (1x)
Equity Options 100% (1x)
Currency Futures 6x 100% (1x)
Currency Options 100% (1x)
Commodity Futures 3x
Commodity Options 100% (1x)
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Compare Master Trust and AxisDirect Features

The trading platforms offered Master Trust include OMNESYS NEST. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Master Trust AxisDirect
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform OMNESYS NEST DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:15
Other Features
Referral Program Yes
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Master Trust Vs AxisDirect Review

Master Trust is rated 3.7 of 5 based on 10 customer reviews whereas AxisDirect is rated 2.2 of 5 based on 57 customer reviews.

  Master Trust AxisDirect
  10 Customer Reviews    Rate Master Trust 57 Customer Reviews    Rate AxisDirect
Fees 3.5 2.1
Trading Brokerage 4.3 1.8
Trading Platform Usability 3.8 2.7
Customer Service 3.7 2.3
Research Capabilities 4.0 3.7
Overall Ratings Rated 3.7 stars Rated 2.2 stars
Broker Rating Master Trust is rated 3.7 of 5 based on 10 customer reviews AxisDirect is rated 2.2 of 5 based on 57 customer reviews
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Master Trust Vs AxisDirect Investment Options

  Master Trust AxisDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds Loans, ETF, Corporate FD
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Master Trust Vs AxisDirect Order Type Offered

  Master Trust AxisDirect
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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Master Trust Vs AxisDirect Research Report

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

  Master Trust AxisDirect
Casual Investor Yes
Active Investor
Trader Yes
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Master Trust Vs AxisDirect - Pros and Cons

  Master Trust AxisDirect
Pros
  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.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  • Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
  • Charges ₹250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged ₹20 extra per trade
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