Axis Direct vs Mastertrust Capital – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Axis Direct vs Mastertrust. Axis Direct is the only banking broker known to offer great deals to its clients like happy hour trading, free demat account & more while Mastertrust is non-banking full service broker, well known for advisory and low brokerage charge. This comparison between Axis Direct & Mastertrust is a neck to neck affair.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.  Axis Direct vs Mastertrust

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers

This Axis Direct & Mastertrust  comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare Mastertrust& Axis Direct

Overview of Axis Direct & Mastertrust Capital

Overview Axis Direct Mastertrust
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, Maharashtra
Founder Arun Thukral Harjeet Singh Arora & R.K.Singhania
Established Year 2011 1994

Axis Direct vs Mastertrust Capital Customer Ratings Comparison

Customer Ratings Axis Direct Mastertrust
Experience 6.2/10 6.0/10
Products & Services 6.5/10 6.1/10
Brokerage Charges & Fees 6.2/10 6.5/10
Stock Research & Advisory 6.3/10 5.8/10
Trading Platforms 6.3/10 6.6/10
Overall Ratings 6.3/10 6.2/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 879 249

Axis Direct vs Mastertrust Capital Demat Account Comparison

Demat Services Axis Direct Mastertrust
Depository Source CDSL & NSDL CDSL & NSDL
Account Opening Charges Rs.999 Rs.555
Demat AMC Charges Rs.650 per annum Rs.300 per Annum
Trading AMC Charges Free Free
Margin Money Rs.25,000 Minimum 10,000
Offline to Online S R

Mastertrust Capital vs Axis Direct Brokerage Charges Comparison

Brokerage Charge & Fees Axis Direct Mastertrust
Equity Delivery Trading 0.20% – 0.60% 0.10%
Equity Intraday Trading 0.03% – 0.05% 0.01%
Commodity Options Trading NA 0.01%
Equity Futures Trading 0.03% – 0.05% 0.01%
Equity Options Trading Rs.10 per lot Rs.10 per Lot
Currency Futures Trading 0.03% – 0.05% 0.01%
Currency Options Trading Rs.10 per lot Rs.5 per Lot
Minimum Brokerage Percentage of Transaction Rs.20 per executed order
Demat AMC Charges Rs.650 per Annum Rs.300 per Annum
Trading AMC Charges Free Free
Margin Money Rs.25,000 Minimum Rs.10,000
Brokerage Calculator Axis Direct Brokerage Calculator Master Trust Brokerage Calculator

Mastertrust Capital & Axis Direct Other Charges Comparison

Other Charges Axis Direct Mastertrust
Transaction Charges 0.00325% of Total Turnover 0.00289% of Total Turnover
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare Mastertrust Capital & Axis Direct Offers

Offers Axis Direct Mastertrust
Free Demat Account S S
Free Trading Account S R
Discount on Brokerage S R
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free S S
Holiday Offers S R
Referral Offers S R
Zero Brokerage for Loss Making Trades S S

Compare Services of Axis Direct vs Mastertrust Capital

Services Axis Direct Mastertrust
Demat Services R R
Trading Services R R
3 in 1 Account R S
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory S S
Trading Institution S S
Trading Exposure Upto 15x Upto 6X

Compare Mastertrust Capital & Axis Direct Research & Advisory

Research & Advisory Axis Direct Mastertrust
Fundamental Reports R R
Research Reports R R
Company Reports R S
Annual Reports R S
Company Stock Review R S
Free Stock Tips S R
IPO Reports R R
Top Picks R R
Daily Market Review S R
Monthly Reports R S
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Axis Direct vs Mastertrust Capital Exposure/Leverage

Exposure / Leverage Axis Direct Mastertrust
Equity Delivery Upto 10x Upto 2X
Equity Intraday Upto 15x Upto 6X
Equity Futures Upto 12x Upto 4X
Equity Options Upto 12x Upto 5X
Currency Futures Upto 7x Upto 3X
Currency Options Upto 8x Upto 3X
Commodities NA Upto 1X
Margin Calculator Axis Direct Margin Calculator Mastertrust Margin Calculator

Axis Direct vs Mastertrust Capital Product Comparison

Products Axis Direct Mastertrust
Equity Trading R R
Commodity Trading S R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R S
Forex R S
Banking R S
Insurance R S

Axis Direct vs Mastertrust Capital Trading Platform Comparison

Trading Platforms Axis Direct Mastertrust
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R S
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R S
News Flash R R
Research Reports R S
Easy Installation R R
Global Indices R R
Stock Tips R R
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R R
Email Alerts R R
Multi Account Management R S

Axis Direct vs Mastertrust Capital Customer Support

Customer Support Axis Direct Mastertrust
Dedicated Dealer R R
Offline Trading R R
Online Trading R R
24*7 Support R S
Email Support R R
Chat Support S S
Toll Free Number 1800 210 0808 S
Branches 186 35

Axis Direct vs Mastertrust Capital Customer Complaints

Complaints (Current Year) Axis Direct Mastertrust
Lodged in BSE 129 56
Resolved in BSE 115 53
Lodged in NSE 189 112
Resolved in NSE 165 105

Compare Axis Direct with other Brokers & Mastertrust with other Brokers

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