M,Stock vs SBI Securities Reviews 2025 | Which One Is Better

M,Stock vs SBI Securities

SBI Securities , founded in 2006, is a Full Service broker. It supports trading on the NSE & BSE. It has 132 branch across India.. M,Stock , founded in 1997, is a Discount broker. It supports trading on the BSE, NSE. It has No branches in India .

M,Stock

M,Stock vs Kotak Securities

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.

SBI Securities

M,Stock vs SBI Securities

SBI Securities Ltd (SSL) is the State Bank Group’s stock broking arm and a 100%
subsidiary of SBI Capital Markets Ltd. SSL is a full-service stockbroker. The company,
founded in 2006, provides Institutional Equity, Retail Equity, Derivatives, Broking, Depository
services, and Third Party Distribution products. They also offer online trading services for
investors and traders.

Also SBI Smart is the company’s premier trading platform. The portal enables both resident
and non-resident Indians (NRIs) to invest online in equity, derivatives, mutual funds, ETFs,
IPOs, and NCDs. It also provides financing products such as home loans, car loans, and
loans against securities (LAS). SSL is registered with the Securities Exchange Board of India
and is a Depository Participant with NSDL and CDSL.

Kotak Securities, founded in 1994, is a full-service broker. It offers trading on the BSE, NSE,
MCX, and NCDEX. It operates 153 branches across India. SBI Securities, founded in 2001,
is a full-service broker. It offers trading on the BSE and NSE. It operates 117 branches
across India.

M,StockSBI Securities
Establishment Year19972006
FounderPark Hyeon-JooArun Mehta
Exchange of
Membership
BSE, NSEBSE & NSE.
Broker TypeDiscount BrokerFull Service Broker
BranchesNA132

M,Stock vs SBI Securities Charges

ChargesM,StockSBI Securities
Trade and Call ChargeNARs 10 per call (after
30 free calls a
month
Minimum Brokerage
Charges
0 Brokerage ChargesRs 0.05 for Cash,
Rs 0.01 Future

M,Stock vs SBI Securities Offers

OffersM,StockSBI Securities
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 OffersUpto Rs 500 per ClientUpto Rs.700
per Client
Zero brokerage for
Loss Making Trade
, Limited
Brokerage Cashback
Free Trading Calls
Free Research Report

M,Stock vs SBI Securities Product Provided

TypeM,StockSBI 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 SBI Securities Advisory Services Provided

TypeM,StockSBI Securities
IPO Service`
Weekly and Monthly
Review
`
Daily Stock Picks and Stock Tips`
PMS or PCG`
Trading Institution, Investor
Sarathi
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 SBI Securities

FeaturesICICI DirectSBI Securities
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 Time3:20 PM2:45 PM
Global Indices
Real Time Update
Stock Tips
Multi Profile Management
Interactive Charts
Customised Recommendation
Online MF Buy

M,Stock vs SBI Securities Demat And AMC Charges

MSTOCK Charges rs 149 for account opening and rs .120 for its maintenance. While SBI Securities Demat Account AMC Charges are Rs 750 (free for the first year). Below the table shows Charges of both the platform.

ChargesM,StockSBI Securities
Demat Account Opening ChargesRs 149Rs 850
Demat Account AMC Charges120 per quarter750 (Free for 1st
Year)
Trading Account Opening ChargesRs 0 (Free)Rs 850
Trading Account AMC ChargesRs. 0 (Free)Rs 850

M,Stock vs SBI Securities Brokerage Charges

Mstock offers flat costs for intraday trading and 0% broking on equities delivery. For regular traders, Mstock is more affordablewhereas SBI Securities offers equity delivery trades at 0.50%, intraday at 0.05%, futures at 0.05%, and options priced at ₹100 per lot. Below the table shows brokerage charges of both the platforms.

Brokerage ChargesM,stockSBI Securities
Brokerage PlanZero Delivery PlanStandard plan
Equity DeliveryFree0.50% of
Transaction
Value
Equity IntradayRs. 20 per Trade0.075% of
Transaction
Value
Equity OptionRs. 20 per TradeRs.50 to Rs.100
per lot
Equity FutureRs.20 per Trade0.05% of
Transaction
Value
Currency OptionRs. 20 per TradeRs.20 to Rs.30
per lot
Currency FutureRs. 20 per Trade0.05% of
Transaction
Value
Commodity OptionNARs.50 to Rs.100
per lot
Commodity FutureNA0.05% of
Transaction
Value

M,Stock vs SBI Securities Leverage (Margin)

See the table below to know about money margin leverage of both the platform

LeverageM,StockSBI Securities
Equity DeliveryUpto 5x (Depends on Stocks)100% of trade value of
(1x leverage)
Equity Intraday1xUp to 20% of trade
value of (5x leverage)
F&O (Currency, Equity,
Commodity)
5x100% of NRML margin
(Span + Exposure) (1x
leverage)

M,Stock vs SBI Securities Pros And Cons

Pros:

M,StockSBI 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 Offer a 3-in-1 account foreasy transactions.

2) A wide variety of investingopportunities. Free researchreports are accessible.

3) Full-service broker thatprovides services both onlineand through branches.

Cons:

M,StockSBI 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)Full-service broker thatprovides services both onlineand through branches.

2) Offer a 3-in-1 account foreasy transactions.

3) A wide variety of investingopportunities. Free researchreports are available.

M,Stock vs SBI 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 ChargesM,StockSBI Securities
Equity Delivery0.00325% (NSE) &
0.00375% (BSE)
0.00335% (NSE)
&0.00375% (BSE)
Equity Intraday0.00325% (NSE) &
0.00375% (BSE)
0.00335% (NSE)
& 0.00375%
(BSE)
Equity Option0.05% (on premium)0.053% (on
premium)
Equity Future0.0019% (NSE & BSE)0.002% (NSE &
BSE)
Currency Option0.035% (NSE)0.037% (NSE) &
0.001% (BSE)
Currency Future0.0009% (NSE)0.0009% (NSE)
& 0.00022%
(BSE)
Commodity OptionNA0.05% (Non Agri)
Commodity FutureNANA

Review Comparison Of SBI Securities vs Upstox By Customer

M,Stock is rated 6.5 of 10 , whereas SBI Securities is rated 7.5 of 10

RatingM,StockSBI Securities
Customer Services6.5/107.5/10
Fees7 /108/10
Brokerage Charges8/106.5/10
Trade and Call Charges6.5/108/10
Research Capabilities6/106.5/10
Overall Rating6.5/108/10

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. SBI Securities, supported by the State Bank of India, offers dependable services at cheap broking fees and high customer confidence. Choosing between them is based on the importance of sophisticated features versus cost-efficiency and trust.

Customer Care Number/Email

MStock: 022- 41887711

SBI Securities:- 022-42273373

Client can contact this number for clearing your doubt.

MStock Support Email: help@mstock.com

SBI Securities Support Email :- helpdesk@sbicapsec.co

Client can contact this email for clearing your doubt.

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