mStock is a well-known discount stock brokerage firms offering its trading and investment services in the Indian stock market. Mirae Asset is the parent company of mStock discount brokerage firms. mStock offers you to invest in NSE, BSE, and MCX. mStock is SEBI registered broker and depositary member of CDSL & NSDL, mStock broker review offers the facility to open demat & trading accounts in its platform. mStock provides the facility to invest in equities, derivatives, currencies, commodities, mutual funds, and national IPOs.
mStock brokerage charges are almost zero as compared to other stockbrokers’ stock brokerage charges. With zero pricing, mStock Brokerage plans are an excellent option for beginner and experienced investors. This mStock brokerage reviews provide you the information about all types of charges.
mStock Brokerage Plans
mStock offers two types of brokerage plans. These plans also include account opening charges and AMC charges. These mStock brokerage plans are mentioned below:
1. ₹149 Plan: In this plan zero brokerage for a lifetime for delivery, mutual funds, and IPOs.
But brokerage of ₹20 is applicable on Intraday, F&O, and Currency trading.
2. ₹999 Plan: In this plan zero brokerage across Delivery, Intraday, F&Os, Mutual Funds, IPO, Currency.
Also, mStock offers ₹999 plan for lifetime AMC charges. This plan can be selected with any above-mentioned plans.
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)
mStock Brokerage Fees or Charges Details
mStock brokerage list of charges for different- different segments is mentioned below:
Charges Type
Equity
Currency
Brokerage
Zero
Zero
Call & Trade Charges
Zero
Zero
Securities Transaction Charges (STT)
0.1% on buy & sell (Equity Delivery) 0.025% on the sell side (Equity Intraday) 0.0125% on the sell side (Equity Futures)
NIL (Currency Futures) NIL (Currency Options)
0.125% of the intrinsic value on options that are bought and exercised 0.0625% on the sell side (on premium)
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.
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.
Open Instant Online Account
0 comments