ICICI Direct vs Master Capital/mastertrust (Compare ICICI Direct vs Master Capital/mastertrust)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between ICICI Direct vs Master Capital/mastertrust, Below comparison of ICICI Direct vs Master Capital/mastertrust highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

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One on One comparison of ICICI Direct vs Master Capital/mastertrust is given below:

ICICI Direct

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Master Capital/mastertrust

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	ICICI Direct	Master Capital/mastertrust

About The Brokers	ICICI Direct : "ICICIdirect.com, an award winning, pioneering online broking platform, The platform not only offers convenient ways to invest in Equity, Derivatives, Currency Futur >>> more	Master Capital/mastertrust : >>> more
Find More Information about the Broker :	ICICI Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Master Capital/mastertrust : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	ICICI Direct : Full Service Broker	Master Capital/mastertrust : Discount Broker
Promo/offers	ICICI Direct : Special Offer: Free Futures Trading + Intraday Trading charges at Flat ₹20 + Commodity & Currency Derivative at Flat ₹20. Get the offer	Master Capital/mastertrust : N/A
Pros	ICICI Direct : 3-in-1 online trading account. Security of your investment & money 24/7 customer service. Easy-to-use website. Innovative offerings like - Margin, MarginPlus, BTST, SPOT. Derivatives trading,NRI services, mutual funds, IPOs and on-line life insurance. Own DP services Award winning research services Instant payout for your stocks sold (eATM) By Subscribing ICICI Direct Neo Plan you get ZERO BROKERAGE IN FUTURES, RS 20 UNLIMITED PER ORDER BROKERAGE IN OPTIONS AND INTRADAY EQUITY !	Master Capital/mastertrust : NA
Cons	ICICI Direct : Very High delivery brokerage. Not a good fit for small and penny stock traders. Charges for trading terminal usage. High Minimum Brokerage Charges.	Master Capital/mastertrust : NA
Why This	ICICI Direct : A Unique 3-in-1 On-line Trading Account, which includes ICICI Bank Account, ICICI Trading Account and ICICI Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through ICICIdirect.com. It provides you the flexibility to pay only when you trade. Largest Equity E-Broking House with >40 Lac customers. Share trading in both NSE and BSE, innovative offerings like - Margin, MarginPlus, BTST, SPOT, Derivatives trading, overseas trading, mutual funds, IPOs and on-line life insurance. Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service. Award Winning Research	Master Capital/mastertrust : NA

ICICI Direct vs Master Capital/mastertrust Account Opening & AMC Charges

ICICI Direct Trading Account Opening Fee is ₹975 and Master Capital/mastertrust Trading Account Opening Fee is ₹555 . ICICI Direct Demat Account AMC is ₹700 and Master Capital/mastertrust Demat Account AMC is ₹400 .

	ICICI Direct	Master Capital/mastertrust
Trading Account Opening Fee	Trading Account Opening Fee : ₹975	Trading Account Opening Fee : ₹555
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : NIL
Demat Account AMC	Demat Account AMC : ₹700	Demat Account AMC : ₹400
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : NIL

ICICI Direct vs Master Capital/mastertrust Brokerage Charges

ICICI Direct Brokerage Charges Equity Delivery is 0.55% and Equity Intraday is 0.275% and Equity Options is ₹95 to ₹35 per lot . Master Capital/mastertrust Brokerage Charges Equity Delivery is ₹10 per executed order and Equity Intraday is ₹10 per executed order and Equity Options is ₹10 per executed order . Equity Delivery is ₹0 and Equity Intraday is ₹0 and Equity Options is ₹0 .

	ICICI Direct	Master Capital/mastertrust
Plan Name	Plan Name : I-Saver Plan	Plan Name : Per Order Executed	Plan Name : Fixed Monthly Plan
Equity Delivery	Equity Delivery : 0.55%	Equity Delivery : ₹10 per executed order	Equity Delivery : ₹0
Equity Intraday	Equity Intraday : 0.275%	Equity Intraday : ₹10 per executed order	Equity Intraday : ₹0
Equity Future	Equity Future : 0.05% to 0.03%	Equity Future : ₹10 per executed order	Equity Future : ₹0
Equity Options	Equity Options : ₹95 to ₹35 per lot	Equity Options : ₹10 per executed order	Equity Options : ₹0
Currency Futures	Currency Futures : 0.050% to 0.030%	Currency Futures : ₹10 per executed order	Currency Futures : ₹0
Currency Options	Currency Options : ₹25 to ₹10 per lot	Currency Options : ₹10 per executed order	Currency Options : ₹0
Monthly Fee	Monthly Fee : -	Monthly Fee : NULL	Monthly Fee : ₹1000
Margin Trading	Margin Trading : 0.05% - 0.03%	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : NA	Commodity Futures : -	Commodity Futures : -
Commodity Options	Commodity Options : NA	Commodity Options : -	Commodity Options : -

ICICI Direct vs Master Capital/mastertrust Transaction Charges (Per Crore)

ICICI Direct Transaction Charges (Per Crore) Equity Future is ₹180 per Cr (0.0018%) and Equity Options is ₹5000 per Cr (0.05%) (on premium) . Master Capital/mastertrust Transaction Charges (Per Crore) Equity Future is NSE ₹300 | BSE ₹150 and Equity Options is NSE ₹6000 | BSE ₹3500 .

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

ICICI Direct vs Master Capital/mastertrust Other Charges

ICICI Direct Minimum Brokerage is ₹35 per trade and Call & Trade is ₹25 per call after first 20 free calls per month . Master Capital/mastertrust Minimum Brokerage is ₹0 and Call & Trade is Null .

	ICICI Direct	Master Capital/mastertrust
Minimum Brokerage	Minimum Brokerage : ₹35 per trade	Minimum Brokerage : ₹0
Call & Trade	Call & Trade : ₹25 per call after first 20 free calls per month	Call & Trade : Null
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : Charges as per the state of residence
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (Min ₹25 and Max ₹25,000)	DP Charges (on sell side) : Null
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

ICICI Direct vs Master Capital/mastertrust Features

ICICI Direct and Master Capital/mastertrust both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	ICICI Direct	Master Capital/mastertrust
Trading Platform	Trading Platform : Trade Racer Web, Desktop, ICICI Direct Mobile App	Trading Platform : OMNESYS NEST- Desktop, Mobile and Web
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : 1	Research and Advice / Trading Tips : Yes
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Bullet Trading, Can trade in 32 exchanges through Saxo Trader	Unique features & Offers : -
Referral Program	Referral Program : -	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : -
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : -

ICICI Direct vs Master Capital/mastertrust Demat Account Charges

A comparative table of various demat account charges between ICICI Direct and Master Capital/mastertrust is below:

	ICICI Direct	Master Capital/mastertrust
Depository Service Provider	Depository Service Provider : CDSL and NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : ₹975	Account Opening Fee : NIL
Advance Deposit	Advance Deposit : ₹0 for ICICI Bank customers. ₹7500 for Non ICICI BANK customers.	Advance Deposit : ₹2500/- for Scheme A ₹555/- for Scheme LF (For Individuals ony) for Lime time AMC Free. ₹800/- for scheme 800
AMC	AMC : ₹0	AMC : Scheme A - NIL Scheme - B Ist Year ₹200/- p.a (Payable at the begining of the year. ₹300/- p.a on renewal. Scheme LF - NIL Scheme BSDA - NIL Scheme 800 - ₹800/- per annum
Dematerialisation Charges	Dematerialisation Charges : ₹50 Per Demat Request Form and ₹3 For Each Certificates	Dematerialisation Charges : ₹20/- per request plus ₹3/- per certificate for Scheme A, B, LF and Scheme 800. ₹50/- per request plus ₹10/- per certificate for Scheme BSDA.
Rematerialisation Charges	Rematerialisation Charges : ₹25 + CDSL charges at actual	Rematerialisation Charges : ₹25 per certificate or 0.05% of the value of the transaction whichever is higher + Depository charges at actual
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹0 for trader on ICICIDirect.com	Transaction Charges (debit) : ₹15 within DP / ₹25 Outside DP
Pledge Creation Charges	Pledge Creation Charges : 0.02% or minimum of ₹50	Pledge Creation Charges : 0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35	Pledge Creation Confirmation Charges : NIL
Pledge Invocation Charges	Pledge Invocation Charges : If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35	Pledge Invocation Charges : 0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual
Failed Instruction Charges	Failed Instruction Charges : ₹30	Failed Instruction Charges : ₹20/- per instruction
Other Charges	Other Charges : 1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address. 2. ₹200 for restoring services if account is suspended for non payment of charges.	Other Charges : Re-Issuance of DIS Booklet ₹10/- cotaining 10 leaves. Non periodic statement and other communication charged @ ₹20/- per mail Additional Statement of Holding/ Transaction: ₹2/- per page + postage In case of demat rejection postage shall be charged @ ₹30/- for dispatch to the client for removal of objection. Any modification in client master will be charged @ ₹20/- per modification. In

ICICI Direct vs Master Capital/mastertrust Basic Details

ICICI Direct Year of Incorporation is 2000 and Total Number of Clients is 8,78,884 and Total Number of Branches is 154 . Master Capital/mastertrust Year of Incorporation is 1985 and Total Number of Clients is 39,002 and .

	ICICI Direct	Master Capital/mastertrust
Year of Incorporation	Year of Incorporation : 2000	Year of Incorporation : 1985
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE	Active Exchange Memberships : BSE, NSE, MCX
Demat Services	Demat Services : Yes	Demat Services : NSDL & CDSL
Website	Website : http://www.icicidirect.com	Website : www.mastertrust.co.in
Contact Details	Contact Details : 020-28307700	Contact Details : 0120-6223333
Total Number of Clients	Total Number of Clients : 8,78,884	Total Number of Clients : 39,002
Total Number of Branches	Total Number of Branches : 154	Total Number of Branches : -
Products *	Products : investment banking, institutional broking, retail broking, private wealth management, and financial product distribution	Products : -

ICICI Direct vs Master Capital/mastertrust Charts and Data

ICICI Direct and Master Capital/mastertrust both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

	ICICI Direct	Master Capital/mastertrust
Live data source	Live data source : NSE, BSE	Live data source : BSE, NSE
Advanced Charting tools	Advanced Charting tools : Yes	Advanced Charting tools : Yes
Multi-Chart Setup	Multi-Chart Setup : Yes	Multi-Chart Setup : -
No.of indicators	No.of indicators : 82	No.of indicators : 100+
No.of charts can be opened	No.of charts can be opened : 6	No.of charts can be opened : -
Live Scanners	Live Scanners : Yes	Live Scanners : Yes
Customizable screeners	Customizable screeners : No	Customizable screeners : -
Trading from charts	Trading from charts : No	Trading from charts : -
Compare Symbol performance on Chart	Compare Symbol performance on Chart : No	Compare Symbol performance on Chart : -
Options charts	Options charts : Yes	Options charts : -
Continuous futures charts	Continuous futures charts : Yes	Continuous futures charts : -
Intraday historical data for charts	Intraday historical data for charts : 20 days	Intraday historical data for charts : -
End of Day historical data for charts	End of Day historical data for charts : 10 years	End of Day historical data for charts : -
Corporate action adjusted charts	Corporate action adjusted charts : No	Corporate action adjusted charts : -
Back Testing	Back Testing : No	Back Testing : -
Options Chain	Options Chain : Yes	Options Chain : Yes
Heat Maps	Heat Maps : Yes	Heat Maps : -
Analytics	Analytics : Yes	Analytics : -
Price Ladder	Price Ladder : No	Price Ladder : -

ICICI Direct vs Master Capital/mastertrust Leverage

Leverage

	ICICI Direct	Master Capital/mastertrust
Equity Delivery	Equity Delivery : 5x with Interest	Equity Delivery : -
Equity Intraday	Equity Intraday : Upto 25x	Equity Intraday : -
Equity Futures	Equity Futures : 4x	Equity Futures : -
Equity Options	Equity Options : 2x for shorting	Equity Options : -
Currency Futures	Currency Futures : NA	Currency Futures : -
Currency Options	Currency Options : NA	Currency Options : -
Commodity Futures	Commodity Futures : NA	Commodity Futures : -
Commodity Options	Commodity Options : -	Commodity Options : -

ICICI Direct vs Master Capital/mastertrust Orders

Orders

	ICICI Direct	Master Capital/mastertrust
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : -
After Market Orders (AMO)	After Market Orders (AMO) : No	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : -
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : No	Sell Today Buy Tomorrow (STBT) : -
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : -

ICICI Direct vs Master Capital/mastertrust Research and Advice / Trading Tips

Research and Advice / Trading Tips

	ICICI Direct	Master Capital/mastertrust
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : -
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : -
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : -
Comparison *	Comparison : Yes	Comparison : -
Free Tips *	Free Tips : Yes	Free Tips : -
Daily Market report *	Daily Market report : Yes	Daily Market report : -
ETF research *	ETF research : Yes	ETF research : -
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : -

ICICI Direct vs Master Capital/mastertrust Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	ICICI Direct	Master Capital/mastertrust
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.25,000 to Rs.2,00,000	Investment required for Franchisee / AP : -

ICICI Direct vs Master Capital/mastertrust Product & Services

ICICI Direct and Master Capital/mastertrust both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	ICICI Direct	Master Capital/mastertrust
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : -
Margin Trading *	Margin Trading : Yes	Margin Trading : -
Call in Trade *	Call in Trade : Yes	Call in Trade : -
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : -
Limit Order *	Limit Order : Yes	Limit Order : -
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : Yes	3-in-1 On-line Trading Account : -
NRI Services *	NRI Services : Yes	NRI Services : -
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : -
Offers Multiple Plan *	Offers Multiple Plan : Yes	Offers Multiple Plan : -
IPO Investment *	IPO Investment : Yes	IPO Investment : -
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : No	Margin Calculator : -
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : -
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : -
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : -
Market Trading *	Market Trading : Yes	Market Trading : -
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : -
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : -

ICICI Direct vs Master Capital/mastertrust Customer Services

ICICI Direct and Master Capital/mastertrust both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	ICICI Direct	Master Capital/mastertrust
Toll Free Number *	Toll Free Number : No	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : -
Email Facility *	Email Facility : Yes	Email Facility : -
Branch Offices *	Branch Offices : Yes	Branch Offices : -
Customer Care *	Customer Care : Yes	Customer Care : -
Community Service *	Community Service : Yes	Community Service : -
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : -

ICICI Direct vs Master Capital/mastertrust Other Investement

ICICI Direct and Master Capital/mastertrust both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	ICICI Direct	Master Capital/mastertrust
Commodity Trading *	Commodity Trading : No	Commodity Trading : -
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : -
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : -
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : Yes	Insurance Services : -
Banking Services *	Banking Services : Yes	Banking Services : -

ICICI Direct vs Master Capital/mastertrust Trading PlatForm

ICICI Direct and Master Capital/mastertrust both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	ICICI Direct	Master Capital/mastertrust
Web Platform *	Web Platform : Yes	Web Platform : -
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : -
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : -
Desktop Mac *	Desktop Mac : Yes	Desktop Mac : -
I-Pad App *	I-Pad App : Yes	I-Pad App : -
Virtual Trading *	Virtual Trading : Yes	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : -

ICICI Direct vs Master Capital/mastertrust Company Information

	ICICI Direct	Master Capital/mastertrust
Financials *	Financials : Yes	Financials : -
News *	News : -	News : -
Company Analysis *	Company Analysis : Yes	Company Analysis : -
Contact Now	Enquire Now	Enquire Now