M,Stock vs Kotak Securities Reviews 2025 | Which One Is Better .
M,Stock vs Kotak Securities
M,Stock, founded in 1997, is a Discount broker. It offers trading on the BSE and NSE , It offers trading on the BSE and NSE. It Has No Branches In India. Kotak Securities , founded in 1994, is a Full Service broker. It supports trading on the BSE, NSE, MCX, & NCDEX. It has 150 branches in India .
M,Stock
The trading platform MStock owned by Mirae Asset, provides a flat ₹20 per order
for intraday, F&O, and other segments, as well as a competitive zero broking model
for equity delivery. The platform offers real-time data, sophisticated charting capabilities, and an intuitive user interface for inexperienced and seasoned traders.
Research reports, instructional materials, and easy account opening are further
features offered by MStock. Even with its advantages, some consumers might feel
that the platform’s customer support could use some work.
It Offers plans for opening an account. For a one-time payment of ₹999, they can
take advantage of zero broking in all categories. As an alternative, they can pay ₹149
as a one-time cost to select a low-brokerage plan.plans for opening an account.
Customers can have zero broking in all segments for a ₹999 one-time charge. Alternatively, they can pay ₹149 as a one-time cost to select a low-brokerage plan.
Kotak Securities
Kotak Securities Ltd, founded in 1994, is a full-service stock broker that provides a 3-in-1 account (Bank + Trading + Demat Account) to individual investors in India. It provides investing opportunities in stocks, derivatives (equities, commodities, and currencies), and mutual funds. It also provides services like Research SMS, margin trading, depository services, and third-party products such as insurance. The company also offers direct access to the US market.
Kotak Securities is a division of Kotak Mahindra bank. In India, It provides a full-service stock broker regular investors with a 3-in-1 account (bank, trading, and demat). It provides investments in stocks, derivatives (equities, commodities, and currencies), and mutual funds. It also provides services such as Research SMS, margin trading, depository services, and third-party products like insurance.
| M,Stock | Kotak Securities | |
| Establishment Year | 1997 | 1994 |
| Founder | Park Hyeon-Joo | Jaideep Hansraj |
| Exchange of Membership | BSE, NSE | BSE, NSE, MCX, NCDEX |
| Broker Type | Discount Broker | Full Service Broker |
| Company Type | Public | Private |
| Branches | NA | 150 |
M,Stock vs Kotak Securities Charges
| Charges | M,Stock | Kotak Securities |
| Trade and Call Charge | NA | Rs. 50 per Call |
| Minimum Brokerage Charges | 0 Brokerage Charges | Rs 21 per executed order |
| Other Charges | NA | NA |
M,Stock vs Kotak Securities Offers
| Offers | M,Stock | Kotak Securities |
| Free AMC | ||
| Free Brokerage | , Limited | , Limited |
| Free Account Opening Charge | ||
| Flat Brokerage Charges | , Limited | |
| Flexible Brokerage Charges | ||
| Free Intraday Charges | , Limited | |
| Free Delivery Charges | , Limited | |
| Margin Funding and Pledging | ||
| Free F&O Trading | , Limited | |
| Refferal Offers | Upto Rs 500 per Client | 10% + Upto Rs.500 per Client |
| Zero brokerage for Loss Making Trade | , Limited | |
| Brokerage Cashback | “] | |
| Free Trading Calls | ||
| Free Research Report | ||
M,Stock vs Kotak Securities Product Provided
| Type | M,Stock | Kotak Securities |
| Equity Delivery | ||
| Equity Intraday | ||
| Equity Option | ||
| Equity Future | ||
| Currency Option | ||
| Currency Future | ||
| Commodity Options | ||
| Commodity Future | ||
| Mutual Funds | ||
| Foreign stocks | ||
| Banking | ||
| Insurance | ||
| Digital Gold | ||
| Govt. Bonds | ||
| Corporate Bonds | ||
M,Stock vs Kotak Securities Advisory Services Provided
| Type | M,Stock | Kotak Securities |
| IPO Service | ` | |
| Weekly and Monthly Review | ||
| Daily Stock Picks and Stock Tips | ||
| PMS or PCG | ||
| Trading Institution | ||
| Demat and Trading Service | ||
| Intraday Service | ||
| Share Pledging | ||
| NRI Service | ||
| 3 In 1 Account | ||
| Company and Annual Report | ||
| Stock Recommendation and Research report | ||
Features Of M,Stock vs Kotak Securities
M,Stock vs Kotak Securities Demat And AMC Charges
MSTOCK Charges rs 149 for account opening and rs .120 for its maintenance. While Kotak Securities trading account opening fees are zero (free), Kotak Securities Demat Account AMC Charges are Rs 600. Below the table shows Charges of both the platform.
| Charges | M,Stock | Kotak Securities |
| Demat Account Opening Charges | Rs 149 | Rs 0 (Free) |
| Demat Account AMC Charges | 120 per quarter | Rs 600 |
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs. 0 (Free) | Rs. 0 (Free) |
M,Stock vs Kotak Securities Brokerage Charges
Mstock offers flat costs for intraday trading and 0% broking on equities delivery. For regular traders, Mstock is more affordable,whereas Kotak Securities provides a set broking plan, with equities delivery trades at 0.25%, intraday and futures at 0.025, and options at ₹20 per lot. Prepaid plans are available for major merchants, which further reduces costs. Below the table shows brokerage charges of both the platforms.
| Brokerage Charges | M,stock | Kotak Securities |
| Brokerage Plan | Zero Delivery Plan | Trade Free plan |
| Equity Delivery | Free | 0.25% or Rs.20 (whichever is higher) |
| Equity Intraday | Rs. 20 per Trade | Free |
| Equity Option | Rs. 20 per Trade | Rs.20 per Trade |
| Equity Future | Rs.20 per Trade | Rs.20 per Trade |
| Currency Option | Rs. 20 per Trade | Rs.20 per Trade |
| Currency Future | Rs. 20 per Trade | Rs.20 per Trade |
| Commodity Option | NA | Rs.20 per Trade |
| Commodity Future | NA | Rs.20 per Trade |
M,Stock vs Kotak Securities Leverage (Margin)
See the table below to know about money margin leverage of both the platform
| Leverage | M,Stock | Kotak Securities |
| Equity Delivery | Upto 5x (Depends on Stocks) | 100% of trade value of (1x leverage) |
| Equity Intraday | 1x | Up to 20% of trade value of (5x leverage) |
| F&O (Currency, Equity, Commodity) | 5x | 100% of NRML margin (Span + Exposure) (1x leverage) |
M,Stock vs Kotak Securities Pros And Cons
Pros:
| M,Stock | Kotak Securities |
| 1)Zero Broking: mStock is acost-effective option for investors thatprioritise long-term holdings because itoffers zero broking on delivery trades. 2)Low Cost: The broking is incrediblycheap for intraday and F&Otransactions, with flat fees per order,lowering the total cost of trading. 3) Trading Platform: Suitable for bothinexperienced and seasoned traders,the platform offers a user-friendlyinterface along with technicalindicators, real-time data, andextensive charting tools. 4) Multiple Products: mStock providesa full trading experience by supportingtrading across multiple segments,such as equities, derivatives,currencies, and commodities. 5) Portfolio Analytics: With theplatform’s features for tracking andanalysing portfolios, customers maykeep an eye on performance andproactively modify their investmentportfolios. 6) High Security: mStock employsadvanced security measures, includingtwo-factor authentication andencryption, ensuring the safety of userdata and transactions | 1)Online trading strategiesallow for brokerage-freeintraday trading. 2) Investors under the age of 30receive no broking fees acrossall sectors. 3) The company is part of arenowned private bank (KotakMahindra Bank. 4) The NEST trading platform isprovided to frequent traders. 5) Kotak Securities is abank-based broker thatprovides a three-in-one account. Online tradingstrategies allow forbrokerage-free intraday trading. |
Cons:
| M,Stock | Kotak Securities |
| 1) Limited Physical Presence: mStockhas few physical branches and largely conducts business online,which may be a drawback forinvestors who would rather receivehelp in person. 2) Platform Stability: During periodsof extreme market volatility, somecustomers may occasionallyencounter technical difficulties oroutages that compromise the tradingplatform’s dependability. 3) Research and Advisory: Comparedto traditional brokerage firms,mStock’s research and advisoryservices might be lesscomprehensive, potentially limitingthe depth of market insights availableto users. 4) Advanced capabilities: Althoughthe platform is easy to use, it mightnot have all the tools and capabilitiesthat experienced traders need toexecute sophisticated tradingstrategies. 5) Product Range: While mStockprovides a range of tradingsegments, some specialisedinvestment solutions offered by otherfull-service brokers may not becovered by it. | 1)Kotak Securities’ website andmobile app are not as good asnew-age brokers like Zerodhaand Upstox. 2) High equity delivery brokingfees. 3) High AMC changes (Rs 66 each month). 4) The margin-funding facilitycauses misunderstandingamong investors, who end uppaying large interest costsunwittingly. 5) The customer is required topay a yearly plan membershipcharge of Rs 499. Broking isextremely high in thedealer-assisted brokingscheme. |
M,Stock vs Kotak Securities Transactions Charges
Below the table shows Equity Intraday, Equity Delivery, Equity Option , Future and
Commodity options/ Future and Currency Option/Future Transaction charges of both the
platform.
| Transaction Charges | M,Stock | Kotak Securities |
| Equity Delivery | 0.00325% (NSE) & 0.00375% (BSE) | 0.00335% (NSE) & 0.00375% (BSE) |
| Equity Intraday | 0.00325% (NSE) & 0.00375% (BSE) | 0.00335% (NSE) & 0.00375% (BSE) |
| Equity Option | 0.05% (on premium) | 0.0505% (on premium) |
| Equity Future | 0.0019% (NSE & BSE) | 0.002% (NSE & BSE) |
| Currency Option | 0.035% (NSE) | 0.037% (NSE) & 0.001% (BSE) |
| Currency Future | 0.0009% (NSE) | 0.0009% (NSE) & 0.00022% (BSE) |
| Commodity Option | NA | 0.05% (Non Agri) |
| Commodity Future | NA | NA |
Review Comparison Of M,Stock vs Kotak Securities By Customer
M,Stock is rated 6 of 10 , whereas Kotak Securities is rated 8 of 10
| Rating | M,Stock | Kotak Securities |
| Customer Services | 6.5/10 | 7.5/10 |
| Fees | 6 /10 | 8/10 |
| Brokerage Charges | 6.5/10 | 8.5/10 |
| Trade and Call Charges | 6/10 | 7/10 |
| Research Capabilities | 5/10 | 6/10 |
| Overall Rating | 6/10 | 8/10 |
Conclusion:For traders on a tight budget, m,Stock provides affordable trading on an easy-to-use platform. Nevertheless, it is devoid of sophisticated features and thorough study. Kotak Securities and SBI Securities both provide strong trading platforms with distinct advantages. Kotak Securities is well-known for its advanced trading tools, research papers, and customer care. Its mobile app is both easy to use and full of features. However, broking fees tend to be greater.Kotak’s, it provides full banking and trading integration. Choosing between them is based on the importance of sophisticated features versus cost-efficiency and trust.
Customer Care Number/Email
MStock: 022- 41887711
Kotak Securities : 1800-209-9191
Client can contact this number for clearing your doubt.
MStock Support Email: help@mstock.com
Kotak Securities Support Email: service.securities@kotak.com
Client can contact this email for clearing your doubt.
Related Posts
About The Author
