The influences of preparation conditions of Al-5Ti-B (as-cast and hot-rolled) and Al-10Sr (as-cast and hotextruded) and melt treatment procedures on the grain refinement and modification performance of A356 alloy are experimentally studied. For the two master alloys, the 50% reduction is sufficient to meet the demands of the efficient grain refinement and modification of A356 alloy. When Al-5Ti-B is introduced into the melt prior to degassing, the grain refinement efficiency of Al-5Ti-B will be greatly increased due to the better dispersity of TiB2 particles. Al-5Ti-B master alloy is less prone to affect the modification effect of Al-10Sr when they are used together.