mStock Vs Zerodha
mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
mStock Vs Zerodha - Broker Details
| mStock | Zerodha | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2022 | 2010 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | 120+ |
| Brokerage | ₹0 | ₹20/ Order or 0.03% |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Account Opening & AMC Charges
| mStock | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹149 or ₹999 | ₹200 |
| Demat Account Opening Charge | ₹149 or ₹999 | ₹200 |
| Demat Account AMC | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | ₹149 or ₹999 + ₹999 (One time AMC) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Brokerage charges & Plans
| mStock | Zerodha | |
|---|---|---|
| Commodity Futures | ₹0 | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹0 | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹0 | Zero Brokerage |
| Equity Options | ₹0 | ₹20/ Order |
| Commodity Options | ₹0 | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹0 | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹0 | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹0 | ₹20/Order |
| Equity Intraday | ₹0 | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Other Charges
| mStock | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹2000/ Month |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹0 (Free) | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹0 (Free) | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Transaction Charges
| mStock | Zerodha | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
| Equity Futures | NSE: 0.0019% | NSE: 0.002% |
| Equity Intraday | BSE: 0.00375% | NSE: 0.00325% | NSE: 0.00345% | BSE: 0.00345% |
| Equity Options | NSE: 0.050% | NSE: 0.053% (on premium) |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% |
| Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | NSE: 0.00345% | BSE: 0.00345% |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Margin (Exposure)
| mStock | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Features
| mStock | Zerodha | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Mstock Mobile App, 2. Mstock Web Portal | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Review & Rating
| mStock | Zerodha | |
|---|---|---|
| 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 Zerodha - Request a call back from Broker
| mStock | Zerodha | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Investment Options
| mStock | Zerodha | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Order Type
| mStock | Zerodha | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Research & Report
| mStock | Zerodha | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Daily Market Report
| mStock | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
|
|
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Suitable For Investor
| mStock | Zerodha | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Pros & Cons
| mStock | Zerodha | |
|---|---|---|
| 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 charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. |
| 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 does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Background
| mStock | Zerodha | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Compare All Brokers
| mStock | Zerodha | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - STT/CTT
| mStock | Zerodha | |
|---|---|---|
| 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 both Buy and Sell | 0.1% on 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 Zerodha - Demat transaction charges
| mStock | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - GST
| mStock | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - SEBI Charges
| mStock | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Account Opening & AMC Charges
mStock
Zerodha
Trading Account Opening Charge
₹149 or ₹999
₹200
Demat Account Opening Charge
₹149 or ₹999
₹200
Demat Account AMC
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
₹149 or ₹999 + ₹999 (One time AMC)
₹0 (Free)
mStock Vs Zerodha
| mStock | Zerodha | |
|---|---|---|
mStock Review 2024mStock .. |
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
|
|
|
|
|
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
mStock Vs Zerodha - Brokerage charges & Plans
| mStock | Zerodha | |
|---|---|---|
| Commodity Futures | ₹0 | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹0 | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹0 | Zero Brokerage |
| Equity Options | ₹0 | ₹20/ Order |
| Commodity Options | ₹0 | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹0 | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹0 | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹0 | ₹20/Order |
| Equity Intraday | ₹0 | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Margin (Exposure)
| mStock | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account | Call Back Open Account |
mStock Vs Zerodha - Other Charges
| mStock | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | ₹0 (Free) | ₹2000/ Month |
| Call & Trade Charges | ₹0 (Free) | ₹50/ Order |
| Other Brokerage Charges | ₹0 (Free) | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹0 (Free) | ₹20/ Order |
| Call Back Open Account |
mStock Vs Zerodha - STT/CTT
| mStock | Zerodha | |
|---|---|---|
| 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 both Buy and Sell | 0.1% on 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 Zerodha - Demat transaction charges
| mStock | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
| Call Back Open Account |
mStock Vs Zerodha - GST
| mStock | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
| Call Back Open Account |
mStock Vs Zerodha - SEBI Charges
| mStock | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
| Call Back Open Account |
mStock Vs Zerodha - Features
| mStock | Zerodha | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Mstock Mobile App, 2. Mstock Web Portal | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
| Call Back Open Account | Call Back Open Account |