STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

mStock Account Opening Guide - Streamlined Process for Seamless Trading | Garv Thakur

 
 
 

mStock Account Opening | Process, Documents, Benefits, and Charges

mStock is a discount stock brokerage firm established by Mirae Asset in April 2022. Mirae Asset is a well-known financial company across the world. mStock offers a range of investment and trading services to its clients in multiple segments including currency, commodity, equity, IPOs, futures, and options segments.
mStock has affordable and competitive brokerage charges for its account opening and trading services, which makes it stand out among other stockbrokers. The brokerage fees are relatively lower, which makes it an excellent choice for investors who seek to minimize their expenses. Additionally, mStock offers a highly advanced trading platform that is easy to use and offers convenience to investors. The trading platform is designed to cater to investors of all skill levels, from novices to expert traders. It provides real-time charts, quotes, and news updates to enable investors to make informed decisions about their trades.

mStock Account Opening Charges

Account Type

Charges

Demat Account Opening Charges

₹149 or ₹999

Demat Account AMC Charges

₹149 or ₹999

₹149 or ₹999 + ₹999 (One time AMC)

Trading Account Opening charges

₹149 or ₹999

Trading Account AMC Charges

₹149 or ₹999

₹149 or ₹999 + ₹999 (One time AMC)

Documents Required for Account Opening in mstock

The documents required for opening an account with mStock may vary depending on the type of account you want to open. However, typically the following documents are required:
1. Aadhar card.
2. PAN card.
3. Latest bank statement with IFSC/MICR code and address.
4. Cancelled cheque.
5. Address Proof.
6. Passport-size photo.

Mstock Online Account Opening Procedure
To open an account with mStock, you can follow these steps:
1. Visit the mStock website: Go to the mStock website and click on the "Open an Account" option.
2. Fill out the account opening form: Fill out the online account opening form with your personal details, such as your name, email, mobile number, and PAN number.
3. Submit your KYC documents: Submit your Know Your Customer (KYC) documents, including a scanned copy of your PAN card, Aadhaar card, and a passport-sized photograph.
4. E-sign the documents: Electronically sign the account opening form and other necessary documents using your Aadhaar OTP.
5. Fund your account: Once your account is verified and approved, fund your account with the required minimum amount using any of the available payment options.
6. Start trading: After your account is funded, you can start trading across multiple segments, including equity, commodity, currency, futures, options, and IPOs.

Benefits of Opening an Account at mstock
There are several benefits to opening an account with mStock:
• Affordable Brokerage Charges: mStock offers affordable brokerage charges for its account opening and trading services, which can help investors reduce their trading costs.
• User-Friendly Trading Platform: mStock's advanced trading platform is user-friendly, with real-time quotes, charts, and news to help investors make informed decisions about their trades. It is also accessible to investors of all levels, from beginners to experienced traders.
• Multiple Segments: mStock offers multiple segments, including equity, commodity, currency, futures, options, and IPOs, to cater to the diverse needs of investors.
• SEBI Registered: mStock is a SEBI-registered discount broker, ensuring that it complies with all regulatory requirements, and its operations are transparent and trustworthy.
• Strong Parent Company: mStock is backed by Mirae Asset, a well-known financial company globally, which brings a level of credibility and trustworthiness to its operations.
• Research and Analysis: mStock provides its clients with research and analysis reports, enabling them to make informed investment decisions.
• Customer Support: mStock offers excellent customer support, with a dedicated support team available to help clients with any queries or issues they may have.


  

Comments for mStock Account Opening Guide - Streamlined Process for Seamless Trading | Garv Thakur

0 comments

 

Frequently Asked Questions


Mstock offered 1 times margin in the Future and options. Where Mstock margin for option selling is not provided to its customers.
No MStock is not Brokerage Free.
E- Margin facility available on some limited stocks only offered by stock exchanges.
It has a registered office location at Quinox Business Park, LBS Marg, Off BKC, Kurla (W), Mumbai - 400 070
You can contact us via mail or phone no- Contact No: 022-62661360, Email Id: help@mstock.com
Yes, Mstock Provide Mutual fund investment.
Yes GTT Order is available in Mstock broker and It is available for android and IOS Both.
Equity Intraday Exposure is Equity Intraday 5x (Up to 20% of trade value)
Stock brokers typically earn money through commissions or fees. They may charge a commission for each trade executed on behalf of the investor or charge a fee for specific services such as portfolio management or advisory services. Some brokers also earn money through interest on margin accounts or by lending securities to short sellers.
Demat Account Opening Charges is ₹149 or ₹999/-
An IPO is your mode to create wealth by picking quality stocks and investing in competitive prices. This way, you may also get stock trading appreciation benefits in the future.
Yes, stock brokers are regulated by financial regulatory authorities in their respective jurisdictions. In the United States, for example, brokers must be registered with the Securities and Exchange Commission (SEC) or be a member of the Financial Industry Regulatory Authority (FINRA). These regulatory bodies help ensure that brokers adhere to specific standards and regulations designed to protect investors.
Buy today & sell tomorrow (BTST) is applicable when any investor buys the stock today which is ‘T’ day and sells it to the next day which is T+1 day.
Mahesh Shinde CEO of the MStock broker.
Demat AMC Charges in Mstock broker is ₹149 or ₹999 + ₹999 (One time AMC)