Finwave Vs mStock
Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Finwave Vs mStock - Broker Details
| Finwave | mStock | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2014 | 2022 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 25 | N/A |
| Brokerage | ₹20 per order | ₹0 |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Finwave Vs mStock - Account Opening & AMC Charges
| Finwave | mStock | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account AMC | 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) |
| Trading Account AMC | 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly | ₹149 or ₹999 + ₹999 (One time AMC) |
| Call Back Open Account |
Finwave Vs mStock - Brokerage charges & Plans
| Finwave | mStock | |
|---|---|---|
| Commodity Futures | ₹20 per order | ₹0 |
| Currency Futures | ₹20 per order | ₹0 |
| Equity Delivery | ₹20 per order | ₹0 |
| Equity Options | ₹20 per order | ₹0 |
| Commodity Options | ₹20 per order | ₹0 |
| Equity Futures | ₹20 per order | ₹0 |
| Currency Options | ₹20 per order | ₹0 |
| Fixed Charges | ₹20 per order | ₹0 |
| Equity Intraday | ₹20 per order | ₹0 |
| Call Back Open Account |
Finwave Vs mStock - Other Charges
| Finwave | mStock | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | ₹0 (Free) |
| Minimum Brokerage | ₹20 per order | ₹0 (Free) |
| Call Back Open Account |
Finwave Vs mStock - Transaction Charges
| Finwave | mStock | |
|---|---|---|
| Currency Options | BSE: 0.001% | NSE: 0.035% | NSE: Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.002% | NSE: 0.0019% |
| Equity Intraday | BSE: 0.00345% | NSE: 0.00345% | BSE: 0.00375% | NSE: 0.00325% |
| Equity Options | NSE: 0.053% | NSE: 0.050% |
| Commodity | 0.0026% | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE: 0.0009% | BSE: 0.00022% | NSE: Exchange txn charge: 0.0009% |
| Equity Delivery | BSE: 0.00345% | NSE: 0.00345% | BSE: 0.00375% | NSE: 0.00325% |
| Call Back Open Account |
Finwave Vs mStock - Margin (Exposure)
| Finwave | mStock | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Finwave Vs mStock - Features
| Finwave | mStock | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
|
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| Referral Program |
|
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software | 1. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Finwave Vs mStock - Review & Rating
| Finwave | mStock | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Finwave Vs mStock - Request a call back from Broker
| Finwave | mStock | |
|---|---|---|
| Call Back Open Account |
Finwave Vs mStock - Investment Options
| Finwave | mStock | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account |
Finwave Vs mStock - Order Type
| Finwave | mStock | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account |
Finwave Vs mStock - Research & Report
| Finwave | mStock | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account |
Finwave Vs mStock - Daily Market Report
| Finwave | mStock | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Finwave Vs mStock - Suitable For Investor
| Finwave | mStock | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Finwave Vs mStock - Pros & Cons
| Finwave | mStock | |
|---|---|---|
| Pros | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. | 1.It charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. |
| Cons | 1. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. | 1.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. |
| Call Back Open Account |
Finwave Vs mStock - Background
| Finwave | mStock | |
|---|---|---|
| Call Back Open Account |
Finwave Vs mStock - Compare All Brokers
| Finwave | mStock | |
|---|---|---|
| Call Back Open Account |
Finwave Vs mStock - STT/CTT
| Finwave | mStock | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell side |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Finwave Vs mStock - Demat transaction charges
| Finwave | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | ₹12 + Gst per scrip only on sell |
| Call Back Open Account |
Finwave Vs mStock - GST
| Finwave | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
Finwave Vs mStock - SEBI Charges
| Finwave | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / crore |
| Call Back Open Account |
Finwave Vs mStock - Account Opening & AMC Charges
Finwave
mStock
Trading Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
Trading Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
₹149 or ₹999 + ₹999 (One time AMC)
Finwave Vs mStock
| Finwave | mStock | |
|---|---|---|
Finwave Account Opening Process and Charges Details |
mStock Review 2024mStock .. |
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mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Finwave Vs mStock - Brokerage charges & Plans
| Finwave | mStock | |
|---|---|---|
| Commodity Futures | ₹20 per order | ₹0 |
| Currency Futures | ₹20 per order | ₹0 |
| Equity Delivery | ₹20 per order | ₹0 |
| Equity Options | ₹20 per order | ₹0 |
| Commodity Options | ₹20 per order | ₹0 |
| Equity Futures | ₹20 per order | ₹0 |
| Currency Options | ₹20 per order | ₹0 |
| Fixed Charges | ₹20 per order | ₹0 |
| Equity Intraday | ₹20 per order | ₹0 |
| Call Back Open Account |
Finwave Vs mStock - Margin (Exposure)
| Finwave | mStock | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Finwave Vs mStock - Other Charges
| Finwave | mStock | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20 per order | ₹0 (Free) |
| Minimum Brokerage | ₹20 per order | ₹0 (Free) |
Finwave Vs mStock - STT/CTT
| Finwave | mStock | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell side |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Finwave Vs mStock - Demat transaction charges
| Finwave | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹18.5 + GST per scrip | ₹12 + Gst per scrip only on sell |
Finwave Vs mStock - GST
| Finwave | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
Finwave Vs mStock - SEBI Charges
| Finwave | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / crore |
Finwave Vs mStock - Features
| Finwave | mStock | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software | 1. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account |