FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
m.Stock offers two type of brokerage plans:
With the m.Stock mobile app and web platform, users can trade various securities. 1-click orders, real-time market data, portfolio creation and investment tracking are all possible on a single page with the user-friendly m.Stock share trading app. Option chain analysis and advanced charts are also offered.
m.Stock brokerage Plans offer:
mStock offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with mStock. mStock fee structure and trading commission rates are explained as below.
To open mStock account you have to pay account opening charges and annual maintenance charges (AMC).
Transaction | Fee |
---|---|
Trading Account Opening Charges (One Time) | Rs 999 (One TIme Cost) |
Trading Annual Maintenance Charges AMC (Yearly Fee) | Annual Rs. 480 + GST (To be recovered on a Quarter |
Demat Account Opening Charges (One Time) | Rs 999 (One TIme Cost) |
Demat Account Annual Maintenance Charges AMC (Yearly Fee) | Annual Rs. 480 + GST (To be recovered on a Quarterly basis) |
Customer pays a commission (brokerage) when buying or selling stocks through mStock. The brokerage charges for equity, commodities and currency derivative trading for mStock are explained as below.
Segment | Brokerage Fee |
---|---|
Monthly Fee (Fixed) | Rs 999 (One Time Payment) |
Equity Delivery | Rs 0 (Free) |
Equity Intraday | Rs 0 (Free) |
Equity Futures | Rs 0 (Free) |
Equity Options | Rs 0 (Free) |
Currency Futures | Rs 0 (Free) |
Currency Options | Rs 0 (Free) |
Commodity Futures | NA |
Commodity Options | NA |
Segment | Brokerage Fee |
---|---|
Monthly Fee (Fixed) | NA |
Equity Delivery | Rs 0 (Free) |
Equity Intraday | Rs.20 per Executed Order/0.3%of the turnover value |
Equity Futures | Rs 20 as per executer order |
Equity Options | Rs 20 as per executer order |
Currency Futures | Rs 20 as per executer order |
Currency Options | Rs 20 as per executer order |
Commodity Futures | NA |
Commodity Options | NA |
The Demat account transactions are charged separately from the trading commission. Find mStock Demat account charges 2024.
mStock Demat Charges
mStock trading and demat account opening fees are Rs 999 (One TIme Cost). mStock charges Annual Rs. 480 + GST (To be recovered on a Quarterly basis) per year demat account AMC. mStock demat debit transaction fee of
Rs.12 per ISIN + GST
per debit transaction.ID | Transaction | Charges |
---|---|---|
1 | Demat Account Opening Charges | Rs 999 (One TIme Cost) |
2 | Transaction Charges (Buy) | null |
3 | Transaction Charges (Sell) | Rs.12 per ISIN + GST |
4 | Annual Maintenance Charges (AMC) | Rs 0 (Rs 999 Lifetime Zero Brokerage Plan) or Annual Rs. 480 + GST (To be recovered every quarter) |
5 | Demat + Courier charges | Rs 0 |
6 | Remat | Rs 0 |
7 | Pledge Creation | Pledge creation & closure charges will be ₹32 per PSN (Pledge Sequence Number) per day (+GST) for Pay Later (MTF) orders. Pledge creation and closure charges will be ₹0 and ₹ 32 per PSN (Pledge Sequence Number) per day (+GST) for the Pledge Shares facility. |
8 | Pledge Creation Confirmation | null |
9 | Pledge Invocation | Upto Rs.32 + GST per PSN (Pledge Sequence Number) |
10 | Failed Transactions | No charge will be applicable for failed instruction |
11 | Other Charges | Periodic/Adhoc Statement-Rs 100 per request + Rs 100 per courier |
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
Segment | Transaction Fee |
---|---|
Equity Delivery | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 188 per Cr (0.00188%) | BSE Rs 0 |
Equity Options | NSE Rs 4950 per Cr (0.0495%) (on premium) |
Currency Futures | NSE Rs 9 per Cr (0.00009%) |
Currency Options | NSE Rs 35 per Cr (0.00035%) (on premium) |
Commodity |
mStock charges government taxes and fees in addition to the brokerage. These mStock trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the mStock tax calculation.
Tax mStock | Rates |
---|---|
| |
Exchange Transaction Charges | |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
SEBI Charges | 0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore) |
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Related articles
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Information on this page was last updated on Tuesday, November 19, 2024
Zerodha (Flat Rs 20 Per Trade)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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