mStock Vs Flattrade
mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
mStock Vs Flattrade - Broker Details
| mStock | Flattrade | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2022 | 2004 |
| Exchanges | NSE, BSE and MCX | BSE, NSE and MCX |
| Branches | N/A | 6 |
| Brokerage | ₹0 | ₹0 (Free) |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Account Opening & AMC Charges
| mStock | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | ₹149 or ₹999 | ₹200 + GST |
| Demat Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
| Demat Account AMC | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) | ₹0 (Free) |
| Trading Account AMC | ₹149 or ₹999 + ₹999 (One time AMC) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Brokerage charges & Plans
| mStock | Flattrade | |
|---|---|---|
| Commodity Futures | ₹0 | ₹0 (Free) |
| Currency Futures | ₹0 | ₹0 (Free) |
| Equity Delivery | ₹0 | ₹0 (Free) |
| Equity Options | ₹0 | ₹0 (Free) |
| Commodity Options | ₹0 | ₹0 (Free) |
| Equity Futures | ₹0 | ₹0 (Free) |
| Currency Options | ₹0 | ₹0 (Free) |
| Fixed Charges | ₹0 | ₹0 (Free) |
| Equity Intraday | ₹0 | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Other Charges
| mStock | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹0 (Free) | ₹0 (Free) |
| Minimum Brokerage | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Transaction Charges
| mStock | Flattrade | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | NSE : 0.035% | BSE : 0.001% |
| Equity Futures | NSE: 0.0019% | 0.0020% |
| Equity Intraday | BSE: 0.00375% | NSE: 0.00325% | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE: 0.050% | 0.053% (on premium) |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Margin (Exposure)
| mStock | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
mStock Vs Flattrade - Features
| mStock | Flattrade | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Mstock Mobile App, 2. Mstock Web Portal | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Review & Rating
| mStock | Flattrade | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Request a call back from Broker
| mStock | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Investment Options
| mStock | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
mStock Vs Flattrade - Order Type
| mStock | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
mStock Vs Flattrade - Research & Report
| mStock | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
mStock Vs Flattrade - Daily Market Report
| mStock | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Suitable For Investor
| mStock | Flattrade | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Pros & Cons
| mStock | Flattrade | |
|---|---|---|
| Pros | 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. | 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments |
| Cons | 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. | 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. |
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Background
| mStock | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Compare All Brokers
| mStock | Flattrade | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - STT/CTT
| mStock | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sale side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% Buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Demat transaction charges
| mStock | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | ₹20 + GST per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - GST
| mStock | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - SEBI Charges
| mStock | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Account Opening & AMC Charges
mStock
Flattrade
Trading Account Opening Charge
₹149 or ₹999
₹200 + GST
Demat Account Opening Charge
₹149 or ₹999
₹0 (Free)
Demat Account AMC
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
₹0 (Free)
Trading Account AMC
₹149 or ₹999 + ₹999 (One time AMC)
₹0 (Free)
mStock Vs Flattrade
| mStock | Flattrade | |
|---|---|---|
mStock Review 2024mStock .. |
Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. |
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Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
mStock Vs Flattrade - Brokerage charges & Plans
| mStock | Flattrade | |
|---|---|---|
| Commodity Futures | ₹0 | ₹0 (Free) |
| Currency Futures | ₹0 | ₹0 (Free) |
| Equity Delivery | ₹0 | ₹0 (Free) |
| Equity Options | ₹0 | ₹0 (Free) |
| Commodity Options | ₹0 | ₹0 (Free) |
| Equity Futures | ₹0 | ₹0 (Free) |
| Currency Options | ₹0 | ₹0 (Free) |
| Fixed Charges | ₹0 | ₹0 (Free) |
| Equity Intraday | ₹0 | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Flattrade - Margin (Exposure)
| mStock | Flattrade | |
|---|---|---|
| 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 | Call Back Open Account |
mStock Vs Flattrade - Other Charges
| mStock | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹0 (Free) | ₹0 (Free) |
| Minimum Brokerage | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
mStock Vs Flattrade - STT/CTT
| mStock | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on Sale side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% Buy & Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
mStock Vs Flattrade - Demat transaction charges
| mStock | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | ₹20 + GST per scrip only on sell |
| Call Back Open Account |
mStock Vs Flattrade - GST
| mStock | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
mStock Vs Flattrade - SEBI Charges
| mStock | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/Crore |
| Call Back Open Account |
mStock Vs Flattrade - Features
| mStock | Flattrade | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1. Mstock Mobile App, 2. Mstock Web Portal | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |