M,Stock vs HDFC Securities Reviews 2025 | Which One is Better
|M,Stock vs HDFC Securities
M,Stock , founded in 1997, is a Full Discount broker. It supports trading on the NSE and BSE. It has 0 branches in India. Full Service Broker HDFC Securities was founded in 2000. It provides trading on the The, Multi Commodity Exchange, NSE (national stock exchange) ,and BSE ( Bombay stock exchange) .There are 270 of its 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.
HDFC Securities

HDFC Securities, one of India’s top full-service stock brokers, was founded in 2000. One of HDFC Bank’s subsidiaries is HDFC Securities. The firm facilitates trading and investing in stocks, bonds, futures, options, buybacks, mutual funds, initial public offerings (IPOs), commodities, currency derivatives, stock portfolios, and more for its clientele. A registered broker with SEBI, HDFC Securities is also affiliated with the BSE,
NSE, MCX, CDSL, and NSDL.
HDFC Securities serves more than 1,800,000 + clients in a variety of industries and offers
more than 30 Also its provides service through Over 270 branches of the organisation which
are located throughout India. The lowest broking fees are charged by HDFC Securities,
which costs Rs 20 per transaction for trading in derivatives and 0.10% per deal for equity
delivery. A 3-in-1 account that combines a savings bank, trading, and a Demat account is
provided by HDFC Securities.
M,Stock | HDFC Securities | |
Establishment Year | 1997 | 2000 |
Founder | Park Hyeon-Joo | Dhiraj Relli |
Exchange of Membership | NSE and BSE | BSE & NSE. |
Broker Type | Discount Broker | Full Service Broker |
Branches | 0 | 270 |
M,Stock vs HDFC Securities Charges
Charges | M,Stock | HDFC Securities |
Trade and Call Charge | NA | Additional Rs 20 per executed order |
Minimum Brokerage Charges | 0 Brokerage Charges | Rs. 25 Per Order on Equity Segment |
M,Stock vs HDFC Securities Offers
M,Stock vs HDFC Securities Product Provided
Features Of 5Paisa vs HDFC Securities
M,Stock vs HDFC Securities Demat And AMC Charges
5MSTOCK Charges rs 149 for account opening and rs .120 for its maintenance. The opening Charge for an HDFC Securities account requires Rs 999. The AMC charges Rs 750 for HDFC Securities Demat Accounts. Below the table shows Demat account charges of both the platform.
Charges | 5Paisa | HDFC Securities |
Demat Account Opening Charges | Rs.0 (Free) | Rs 199 |
Demat Account AMC Charges | 120 per quarter | Rs. 750 |
Trading Account Opening Charges | Rs. 0 (Free) | Rs. 900 |
Trading Account AMC Charges | Rs. 0 (Free) | Rs. 0 (Free) |
M,Stock vs HDFC Securities Brokerage Charges
whereas Mstock offers flat costs for intraday trading and 0% broking on equities delivery. For regular traders, Mstock is more affordable whereas HDFC Securities charges 0.32% for equity broking and 0.032% for intraday trading. Special Offer: Invest in Equity Delivery and Direct Mutual Funds without paying any broking fees. Intra-day and F&O trades are charged a flat rate of Rs 20.Below the table shows brokerage charges of both the platforms.
Brokerage Plan 1 .
M,Stock vs HDFC Securities Leverage (Margin)
The 5paisa margin for intraday trading is up to 20% of the trade value (5x leverage) depending on the stock,, whereas HDFC Securities’ margin for intraday cash is likewise up to 20% of the trade value (5x leverage). Below the table shows leverage margin of both platform.
M,Stock vs HDFC Securities Pros And Cons
Pros:
MStock | HDFC 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)It offers the simplest method formaking stock market and otherfinancial instrument investments. 2) The greatest option available toIndian retail investors is the 3-in-1account, which consists of an HDFCBank Account, an HDFC SecuritiesTrading Account, and an HDFCSecurities Demat Account. |
Cons:
M,stock | HDFC 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)Together with opening a tradingaccount with HDFC Securities Ltd,you will also need to open a DP(depository participant) account withHDFC Bank and a savings bankaccount with a minimum quarterlyamount of Rs 5000. 2) It Charges minimum brokerage ofRs 25 also very high brokeragecharges. |
M,Stock vs HDFC 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.
Review Comparison Of 5Paisa vs HDFC Securities By Customer
5Paisa is rated 6.5 of 10 , whereas HDFC Securities is rated 7 of 10
Rating | 5Paisa | HDFC Securities |
Brokerage | 9/10 | 8/10 |
Customers Service | 4/10 | 7/10 |
Fees | 6/10 | 6.5/10 |
Trading Platform | 5/10 | 7/10 |
Research | 5.5/10 | 5.510 |
Broker Rating | 5.5/10 | 6/10 |
Overall Rating | 6.5/10 | 7/10 |
Conclusion: For traders on a tight budget, mStock provides affordable trading on an easy-to-use platform. Nevertheless, it is devoid of sophisticated features and thorough study.HDFC Securities are India’s major broking houses, providing comprehensive trading and investment services. HDFC Securities provides affordable broking rates, a dynamic trading platform, and robust research help. HDFC Securities is a better option for cost-conscious traders looking for efficient services. Finally, the decision is based on personal objectives such as cost, service quality, and platform usability.
Customer Care Number/Email
MStock: 022- 41887711
HDFC Securities : +91 2239019400
Client can contact this number for clearing your doubt.
MStock Support Email: help@mstock.com
Support Email HDFC Securities : infodp@hdfcbank.com
Client can contact on this email for clearing your doubt.