MasterTrust vs AxisDirect

MasterTrust vs AxisDirect - side-by-side comparison . Compare MasterTrust vs AxisDirect brokerage, charges, exposure margin, demat account. Read MasterTrust vs AxisDirect review.

Detailed comparison MasterTrust vs AxisDirect and find out which is better in MasterTrust vs AxisDirect .

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MasterTrust

AxisDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Master Capital Services Ltd. Axis Securities
Per Order Executed Fixed Monthly Plan Fixed Plan
Trading Account Opening Fee ₹555 ₹555 ₹900
Demat Account Opening Fee NIL NIL ₹0
Demat Account AMC * ₹400 ₹400 ₹650
Trading Account AMC NIL NIL ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Master Capital Services Ltd. Axis Securities
Per Order Executed Fixed Monthly Plan Fixed Plan
Equity Delivery ₹10 per executed order ₹0 0.50%
Equity Intraday ₹10 per executed order ₹0 0.05%
Equity Future ₹10 per executed order ₹0 0.05%
Equity Options ₹10 per executed order ₹0 Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures ₹10 per executed order ₹0 0.05%
Currency Options ₹10 per executed order ₹0 Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Monthly Fee NULL ₹1000 NA
Commodity - - 0.03% (Each Leg)

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Master Capital Services Ltd. Axis Securities
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Master Capital Services Ltd. Axis Securities
Per Order Executed Fixed Monthly Plan Fixed Plan
Equity Delivery NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹300
Equity Intraday NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹325 NSE ₹325 | BSE ₹300
Equity Future * NSE ₹300 | BSE ₹150 NSE ₹300 | BSE ₹150 NSE ₹190 | BSE ₹300
Equity Options * NSE ₹6000 | BSE ₹3500 NSE ₹6000 | BSE ₹3500 NSE ₹5000 | BSE ₹300
Currency Futures * NSE ₹120 | BSE ₹100 NSE ₹120 | BSE ₹100 ₹190
Currency Options NSE ₹4200 | BSE ₹1000 NSE ₹4200 | BSE ₹1000 ₹5000

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

Master Capital Services Ltd. Axis Securities
Per Order Executed Fixed Monthly Plan Fixed Plan
Minimum Brokerage ₹0 ₹0 ₹20 per executed order
Call & Trade Null Null Rs 20 per call post 20th call per month
Stamp Duty * Charges as per the state of residence Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) Null Null 0.04% (minimum Rs 25 per instruction)
Other Miscellaneous Charges - - -

Features

Key features offered by the brokers.

Master Capital Services Ltd. Axis Securities
Per Order Executed Fixed Monthly Plan Fixed Plan
Trading Platform OMNESYS NEST- Desktop, Mobile and Web OMNESYS NEST- Desktop, Mobile and Web DirectTrade, Swift Trade
Placing orders through charts - - No
Trading Alerts Yes Yes Yes
Research and Advice / Trading Tips Yes Yes Yes
Detailed Education Initiatives Yes Yes Yes
Unique features & Offers - - Can trade in 32 exchanges through Saxo Trader
Referral Program - - Rs.500 per referal

Demat Account Charges

Find charges for the best Demat Account for small investors

Master Capital Services Ltd. Axis Securities
Per Order Executed Fixed Monthly Plan Fixed Plan
Depository Service Provider CDSL CDSL CDSL
Account Opening Fee NIL NIL

Nil

Advance Deposit ₹2500/- for Scheme A ₹555/- for Scheme LF (For Individuals ony) for Lime time AMC Free. ₹800/- for scheme 800 ₹2500/- for Scheme A ₹555/- for Scheme LF (For Individuals ony) for Lime time AMC Free. ₹800/- for scheme 800

Nil

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 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

Retail Account:

Axis Bank Customer: ₹650 per year (1st year free). ₹2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.

Non-Axis Bank Customer: ₹250 per year (1st year free)

BSDA Account:

Nil for holding value till ₹50,000

₹100 per year for holding value from ₹50,001 to ₹2,00,000

Holding value above ₹2,00,000 tariff for Retail account will be applicable.

Corporate Account:

₹400 for Axis Bank clients + CDSL AMC of ₹500

₹600 for non-Axis Bank clients+ CDSL AMC of ₹500

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. ₹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.

Retail / BSDA Account: ₹5 per certificate subject to minimum of ₹50 per request, whichever is higher. ₹50 per request as courier charges for mutual fund Units.

Corporate Account: ₹2.50 per certificate subject to a minimum of the ₹50 per request.

Rematerialisation Charges ₹25 per certificate or 0.05% of the value of the transaction whichever is higher + Depository charges at actual ₹25 per certificate or 0.05% of the value of the transaction whichever is higher + Depository charges at actual

Retail / BSDA Account: ₹20 for every 100 securities or part thereof or ₹50 per request whichever is higher. ₹50 per instruction for mutual fund Units.

Corporate Account: ₹20 per certificate subject to minimum of ₹50 per request

Transaction Charges (Credit) - - -
Transaction Charges (debit) ₹15 within DP / ₹25 Outside DP ₹15 within DP / ₹25 Outside DP

Retail Account: 0.04% of the value of the transaction (Min ₹25 per instruction) whichever is higher. ₹25 flat per instruction for mutual fund units.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. ₹50 flat per instruction for mutual fund units.

Corporate Account: 0.04% subject to minimum of ₹23 per instruction.

Pledge Creation Charges 0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual 0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Pledge Creation Confirmation Charges NIL NIL

Nil

Pledge Invocation Charges 0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual 0.02% of the value of transaction, subject to a minimum of ₹50 + Depository charges at actual

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Failed Instruction Charges ₹20/- per instruction ₹20/- per instruction

₹10 per Instruction

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 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

Ad-hoc Statement - ₹100 per statement

Quarterly (Physical) statement

Retail Account - Nil

BSDA Account - ₹25 per statement

Account Modification Charges

Retail Account - Nil

BSDA Account - ₹100

DIS Booklet Charge

Retail Account - NIL

BSDA Account - ₹200 per booklet

Redemption of mutual fund units through DP - ₹25 per instruction

Basic Details

Basic Details of Brokers

Master Capital Services Ltd. Axis Securities
Per Order Executed Fixed Monthly Plan Fixed Plan
Year of Incorporation 1985 1985 2005
Active Exchange Memberships BSE, NSE, MCX BSE, NSE, MCX NSE, BSE, MCX
Demat Services NSDL & CDSL NSDL & CDSL NSDL
Website www.mastertrust.co.in www.mastertrust.co.in https://simplehai.axisdirect.in
Contact Details 0120-6223333 0120-6223333 18002100808
Total Number of Clients 39,002 39,002 389,500+
Total Number of Branches - - 3000+

Charts and Data

Charts and Data

Master Capital Services Ltd. Axis Securities
Per Order Executed Fixed Monthly Plan Fixed Plan
Live data source BSE, NSE BSE, NSE NSE, BSE, MCX
Advanced Charting tools Yes Yes Yes
Multi-Chart Setup - - -
No.of indicators 100+ 100+ 40
No.of charts can be opened - - -
Live Scanners Yes Yes -
Customizable screeners - - No
Trading from charts - - No
Compare Symbol performance on Chart - - No
Options charts - - No
Continuous futures charts - - No
Intraday historical data for charts - - 1 year
End of Day historical data for charts - - 15 years
Corporate action adjusted charts - - No
Back Testing - - No
Options Chain Yes Yes Yes
Heat Maps - - Yes
Analytics - - Yes
Price Ladder - - No

Leverage

Leverage

Master Capital Services Ltd. Axis Securities
Per Order Executed Fixed Monthly Plan Fixed Plan
Equity Delivery - - Nil
Equity Intraday - - Upto 10x
Equity Futures - - Nil
Equity Options - - Nil
Currency Futures - - NA
Currency Options - - NA
Commodity Futures - - 3x
Commodity Options - - NA

Orders

Orders

Master Capital Services Ltd. Axis Securities
Per Order Executed Fixed Monthly Plan Fixed Plan
Cover Orders (CO) Yes Yes Yes
Bracket orders / One Cancels Other (BO / OCO) - - No
After Market Orders (AMO) Yes Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Master Capital Services Ltd. Axis Securities
Per Order Executed Fixed Monthly Plan Fixed Plan
Availability for franchisee / AP Yes Yes Yes
Investment required for Franchisee / AP - - Rs.1,00,000 to Rs.3,00,000

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Master Capital Services Ltd. Axis Securities
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