Three things make m.Stock a great trading platform: 

• Their ‘zero brokerage across products for life’ proposition can help you save lakhs in brokerage, especially if you trade on a regular basis 
• Their app, which has 4+ star rating has great trading tools and features 
• m.Stock is a brand from the house of Mirae Asset, a global investment powerhouse. As a group, they have AUM of more than $600 billion, spread across 15+ international markets.  
   

Trading is free for life with m.Stock across all products like intraday, delivery, futures and options, currency, Margin Trading Facility (eMargin), mutual funds, IPOs, ETFs etc. under the Zero Brokerage plan. 

If you opt for the ?149 plan, trading in delivery, mutual funds, IPOs and ETFs is free. For trading in intraday, futures & options, and currency, a flat brokerage of ?20 per order is payable. 

While m.Stock is categorised as a discount broker, they are different from regular discount brokers since they charge zero brokerage across products for life. This is in contrast to the ?20 brokerage charged by regular discount brokers. 

m.Stock has two account opening plans – Zero Brokerage for life plan and Rs 149 plan. In the Zero Brokerage for life plan, available at a one-time fee of Rs 999, investors enjoy zero brokerage for life across all products – Equity, Delivery, Futures, Options, Currency, Margin Trading Facility (eMargin), Mutual Funds, IPOs, and every other investment product. 

In the basic ‘Rs 149 plan’ only equity delivery, mutual funds, IPOs, and ETFs are free. Brokerage of Rs 20 per order is applicable on all other products like equity intraday, futures and options, currency etc. 

In addition to their Zero Brokerage for life plan, m.Stock also has a lifetime free AMC plan where investors pay an additional Rs 999 and enjoy zero AMC for life. In case investors do not opt for this plan, standard AMC of Rs 120 per quarter is applicable.

m.Stock charges zero brokerage across products for life if you opt for their Zero Brokerage plan, available at a one-time fee of Rs 999. This means you pay zero brokerage on equity delivery, intraday, futures and options, currency, Margin Trading Facility (eMargin), mutual funds, IPOs, ETFs and all other investment products. 

If you opt for their basic Rs 149 plan, delivery, mutual funds, IPOs, and ETFs are free. For intraday, futures & options, and currency trades, a flat brokerage of Rs 20 per order is applicable. 
 

m.Stock charges zero brokerage on Options trading if you opt for their Zero Brokerage plan. Additionally, you also enjoy zero brokerage on equity delivery, intraday, futures, currency, Margin Trading Facility (eMargin), mutual funds, IPOs, ETFs and all other investment products. If you opt for the Rs 49 plan, you pay Rs 20 brokerage on options, futures, intraday, MTF (eMargin) and currency trades. 
 

Yes, you can apply for IPO with m.Stock. The process is 100% paperless, quick, and seamless. The steps to invest in IPO with m.Stock are as follows: 

• Open a Demat account 
• Select the IPO you want to invest in
• Add funds through UPI and invest! 

That’s it! Investing in IPOs is this easy with m.Stock.  
 

Opening a Demat account with m.Stock is easy, paperless, and takes less than 5 minutes. Follow the below steps to open m.Stock Demat account:  

• Download m.Stock mobile app from Appstore or Play store. 
• Click on ‘Open an Account’ button.
• Enter your mobile number and submit.
• Verify your mobile number with OTP .
• Enter and verify your email id with OTP .
• Enter your PAN and Date of Birth.
• Select your preferred brokerage plan and make the payment. 
• In the next step, you have to upload your selfie and signature. 
• Once this is done, add your preferred bank account and verify the same. 
• Now fill in your personal details like name, trading experience, nominee details etc. 
• If you trade or are planning to trade in Derivatives segment (F&O) then you will have to activate derivatives segment and upload any one proof like 6-month bank statement, salary slip, ITR acknowledgement slip, form 16 etc. 
• Then comes the eSign stage. Once your signature is successfully uploaded, your account opening process is complete! You can now reap the benefits of zero brokerage for life! 

Yes, m.Stock offers zero brokerage for life on equity delivery, equity intraday, futures, and options trading. However, there is a one-time fee of Rs.999 to open an account. After that, you can trade without paying any brokerage charges.

In addition to zero brokerage, m.Stock also offers other features, such as:

• Margin trading facility (eMargin) from 6.99%
• One of the lowest daily interest rates starting at 0.0192%
• Up to 80% funding
• 700+ stocks
• One-click order placement
• Advanced trading tools
• Access to major currency pairs
• Direct mutual funds with up to 1% extra return
• Seamless and secure IPO investing

Overall, m.Stock is a good option for investors who are looking for a discount brokerage firm with zero brokerage and other competitive features.

m.Stock is a user-friendly and feature-rich trading app that offers a variety of benefits for both beginners and experienced traders. Here are some of the pros and cons of using m.Stock:

Pros:

• Zero brokerage for equity delivery, equity intraday, futures, and options trading
• One-time account opening fee of Rs.999
• Margin trading facility (eMargin) from 6.99%
• Low daily interest rates starting at 0.0192%
• Up to 80% funding
• 700+ stocks
• One-click order placement
• Advanced trading tools
• High liquidity
• Global market data and analysis
• Access to major currency pairs
• Direct mutual funds with up to 1% extra return
• Seamless and secure IPO investing
• User-friendly interface
• Educational resources for beginners
• Responsive customer support

Cons:

• Occasional glitches and lags
• Limited research tools compared to some other platforms
• No relationship manager provided
• Delays in customer support response

Overall, m.Stock is a good option for investors who are looking for a discount brokerage firm with zero brokerage and other competitive features. It is also a good choice for beginners who are looking for an easy-to-use platform with educational resources. However, more experienced traders may prefer platforms with more advanced research tools.

Here are some additional things to consider when deciding whether or not m.Stock is right for you:

• Your trading experience level
• Your trading goals
• Your investment style
• Your budget

m.Stock is a zero brokerage trading platform offered by Mirae Asset India. It offers a wide range of features and benefits, including:

• Zero brokerage for life across all products: This means that you don't have to pay any brokerage charges when you buy or sell stocks, mutual funds, ETFs, or other securities.
• Quick 5-minute onboarding process: It takes just 5 minutes to open an M stock account.
• Advanced technical and fundamental tools and data for better decision-making: M stock provides a wide range of tools and data to help you make informed investment decisions.
• Multi-channel availability with multi-screen login: You can access your M stock account from anywhere in the world on any device.
• Best-in-class features and services like margin trading facility, GTT orders, IPO, live news, pre-created index baskets, etc. M stock offers a wide range of features and services to help you make the most of your investments.

In addition to these benefits, M stock also offers a zero brokerage Demat account, which is an essential tool for any investor. A Demat account allows you to hold shares and other securities electronically, which is more secure and convenient than holding them in paper form.

The documents required to open a m.Stock account are as follows:

Proof of Identity:

• PAN card (mandatory)
• Aadhaar card
• Valid government-issued photo ID (passport, driving license, voter ID)

Proof of Address:

• Aadhaar card
• Passport
• Driving license
• Voter ID
• Ration card
• Lease agreement or registry of your house
• An insurance policy issued in your name (comprising your address)
• Electricity bills, gas bills, or landline bills (for a period not earlier than the preceding three months)

Proof of Income:

• Latest salary slip
• Income Tax Return
• Last 6 months' bank statement
• Networth certificate/Demat holding statement or report

Bank Proof:

• Passbook
• 6 months' bank account statements
• Cancelled cheque

In addition to these documents, you will also need to provide a signature and photograph.

Please note that the specific documents required may vary depending on your individual circumstances. You can find more information on the m.Stock website.

There are two exchanges in the commodity market, the Multi-Commodity Exchange (MCX) and the National Commodity and Derivatives Exchange of India (NCDEX). You have to enable the segment in your m.Stock account to invest in commodities.

According to the m.Stock client handbook, payout requests from your demat account to your bank account should be processed within 24 hours. This means that you should receive the funds in your bank account within one business day of submitting your request. However, there may be some circumstances that could delay the processing of your request, such as high trading volumes or technical difficulties. In these cases, it may take up to 2-3 business days for your funds to reach your bank account.

Yes, m.Stock is registered with the Securities and Exchange Board of India (SEBI).