mStock Review 2025 | Pros & Cons | Brokerage Charges , Hidden Charges
|About mStock
mStock Review 2025 , 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. 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.
mStock | |
Establishment Year | 1997 |
Founder | Park Hyeon-Joo |
Exchange of Membership | BSE, NSE |
Broker Type | Discount Broker |
Company Type | Public |
Branches | NA |
mStock Other Charges
Charges | mStock |
Trade and Call Charge | 0( Free ) |
DP Transaction Charges | ₹18/instruction + GST. |
Auto-Square Off Charges | ₹100 per transaction |
Payment Gateway | ₹10 per transaction |
Pledge Charges | ₹20 + GST |
mStock Offers
Offers | mStock |
Free AMC | |
Free Brokerage | Limited |
Free Account Opening Charge | |
Flat Brokerage Charges | |
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 |
Zero brokerage for Loss Making Trade | |
Brokerage Cashback | |
Free Trading Calls | |
Free Research Report | |
mStock Product Provided
Type | mStock |
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 | |
Plans
₹ 999 | |
Zero brokerage across Delivery, Intraday, F&O, Mutual Funds & IPO. | Zero Brokerage on Delivery, Mutual Funds & IPO. Brokerage of ₹20 applicable on all other segments as per executed orders. |
mStock Advisory Services Provided
Type | mStock |
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 mStock
Features | mStock |
Chart | |
Automated Trading | |
3 in 1 Account | |
Sms Alerts | |
Margin Against Shares (Equity Cash) | |
Margin Against Shares (Equity F&O) | |
Online Portfolio | |
Online Demo | |
Intraday Square-Off Time | 3:20 PM |
Global Indices | |
Real Time Update | |
Stock Tips | |
Multi Profile Management | |
Interactive Charts | |
Customised Recommendation | |
Online MF Buy | |
mStock Demat And AMC Charges
Charges | mStock |
Demat Account Opening Charges | Rs 0 (Free) |
Demat Account AMC Charges | Rs.480 + GST |
Trading Account Opening Charges | Rs 0 (Free) |
Trading Account AMC Charges | Rs.480 + GST |
mStock Brokerage Charges
Brokerage Charges | mstock |
Brokerage Plan | Zero Delivery Plan |
Equity Delivery | Free |
Equity Intraday | Rs. 20 per Trade |
Equity Option | Rs. 20 per Trade |
Equity Future | Rs.20 per Trade |
Currency Option | Rs. 20 per Trade |
Currency Future | Rs. 20 per Trade |
Commodity Option | Free |
Commodity Future | Free |
mStock Leverage (Margin)
Leverage | mStock |
Equity Delivery | Upto 5x (Depends on Stocks) |
Equity Intraday | 1x |
F&O (Currency, Equity, Commodity) | 5x |
mStock Pros And Cons
Pros:
M,Stock |
1)Zero Broking: m Stock is a cost-effective option for investors that prioritise long-term holdings because it offers zero broking on delivery trades. 2)Low Cost: The broking is incredibly cheap for intraday and F&O transactions, with flat fees per order,lowering the total cost of trading. 3) Trading Platform: Suitable for both in experienced and seasoned traders,the platform offers a user-friendly interface along with technical indicators, real-time data, and extensive charting tools. 4) Multiple Products: m Stock provides a full trading experience by supporting trading across multiple segments,such as equities, derivatives,currencies, and commodities. 5) Portfolio Analytics: With the platform’s features for tracking and analysing portfolios, customers may keep an eye on performance and proactively modify their investment portfolios. 6) High Security: m Stock employs advanced security measures, including two-factor authentication and encryption, ensuring the safety of user data and transactions |
Cons:
M,Stock |
1) Limited Physical Presence: m Stock has few physical branches and largely conducts business online,which may be a drawback for investors who would rather receive help in person. 2) Platform Stability: During periods of extreme market volatility, some customers may occasionally encounter technical difficulties or outages that compromise the trading platform’s dependability. 3) Research and Advisory: Compared to traditional brokerage firms,m Stock’s research and advisory services might be less comprehensive, potentially limiting the depth of market insights available to users. 4) Advanced capabilities: Although the platform is easy to use, it might not have all the tools and capabilities that experienced traders need to execute sophisticated trading strategies. 5) Product Range: While m Stock provides a range of trading segments, some special is investment solutions offered by other full-service brokers may not be covered by it. |
mStock Transactions Charges
Transaction Charges | mStock |
Equity Delivery | 0.00325% (NSE) & 0.00375% (BSE) |
Equity Intraday | 0.00325% (NSE) & 0.00375% (BSE) |
Equity Option | 0.05% (on premium) |
Equity Future | 0.0019% (NSE & BSE) |
Currency Option | 0.035% (NSE) |
Currency Future | 0.0009% (NSE) |
Commodity Option | NA |
Commodity Future | NA |
Review Comparison Of mStock By Customer
Rating | mStock |
Customer Services | 6.5/10 |
Fees | 6 /10 |
Brokerage Charges | 6.5/10 |
Trade and Call Charges | 6/10 |
Research Capabilities | 5/10 |
Overall Rating | 6/10 |
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
Customer Care Number/Email
mStock: 022- 41887711
mStock Support Email: help@mstock.com
Client can contact this email for clearing your doubt.