Compare Articles Reports Glossary Complaints

Trading Acct

Zerodha Vs mStock (Compare Zerodha and mStock)

About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde...

Zerodha Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About mStock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds. One of the platform's most attractive features is the lifetime zero brokerage plan with a one-time fee of Rs 999. Unlike most brokers, this plan ensures zero brokerage on F&O, Intraday, Delivery, IPOs, ETFs, Currency and Mutual Funds, m...

mStock Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Zerodha Vs mStock

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 2022, mStock is a Discount. It offers trading at BSE, NSE, MCX. It has 0 branches across India.

	Zerodha	mStock
Type of Broker	Discount Broker	Discount
Exchnage Membership	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX
Year of Incorporation	2010	2022
Number of Branches	22	0
	Open Zerodha Account

Zerodha Vs mStock Charges & AMC

Zerodha trading account opening charges is Rs 0 while mStock account opening changes is Rs 999 (One TIme Cost). Zerodha Demat Account AMC Charges is Rs 300 and mStock Demat Account AMC Charges is Annual Rs. 480 + GST (To be recovered on a Quarterly basis).

	Zerodha	mStock
Trading Account Opening Charges	Rs 0	Rs 999 (One TIme Cost)
Trading Account AMC Charges	Rs 0 (Free)	Annual Rs. 480 + GST (To be recovered on a Quarter
Demat Account Opening Charges	Rs 0	Rs 999 (One TIme Cost)
Demat Account AMC Charges	Rs 300	Annual Rs. 480 + GST (To be recovered on a Quarterly basis)

Zerodha Vs mStock Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas mStock brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).

Account Type	Zerodha Flat Brokerage Plan	mStock Lifetime Zero Brokerage Plan
Fixed Charges		Rs 999 (One Time Payment)
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Rs 0 (Free)
Equity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 0 (Free)
Equity Options	Rs 20 per executed order	Rs 0 (Free)
Currency Futures	Rs 20 per executed order or .03% whichever is lower	Rs 0 (Free)
Currency Options	Rs 20 per executed order	Rs 0 (Free)
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	NA
Commodity Options	Rs 20 per executed order	NA
Special Offer	Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.	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.

Zerodha Vs mStock Brokerage Plan 2

	Zerodha	mStock
Account Type	Flat Brokerage Plan	Rs 0 Plan
Fixed Charges		NA
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Rs.20 per Executed Order/0.3%of the turnover value
Equity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 20 as per executer order
Equity Options	Rs 20 per executed order	Rs 20 as per executer order
Currency Futures	Rs 20 per executed order or .03% whichever is lower	Rs 20 as per executer order
Currency Options	Rs 20 per executed order	Rs 20 as per executer order
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	NA
Commodity Options	Rs 20 per executed order	NA
	Open Zerodha Account

Zerodha Charges Vs mStock

Minimum Brokerage	0.03% in Intraday and F&O
Other Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS	Rs 20/order - MTF
Call & Trade Charges	Rs 50 per executed order	Rs 0 (Free)

Zerodha Vs mStock Transaction Charges

Zerodha transaction charges for options is NSE Rs 3503 per Cr (0.03503%) | BSE Rs 500 per Cr (0.005%) (on premium) while mStock exchange transaction charges for options is NSE Rs 4950 per Cr (0.0495%) (on premium).

	Zerodha	mStock
Equity Delivery	NSE Rs 297 per Cr (0.00297%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 322 per Cr (0.00322%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 297 per Cr (0.00297%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 322 per Cr (0.00322%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 173 per Cr (0.00173%) \| BSE Rs 0	NSE Rs 188 per Cr (0.00188%) \| BSE Rs 0
Equity Options	NSE Rs 3503 per Cr (0.03503%) \| BSE Rs 500 per Cr (0.005%) (on premium)	NSE Rs 4950 per Cr (0.0495%) (on premium)
Currency Futures	NSE Rs 35 per Cr (0.00035%) \| BSE Rs 45 per Cr (0.00045%)	NSE Rs 9 per Cr (0.00009%)
Currency Options	NSE Rs 3110 per Cr (0.0311%) \| BSE Rs 100 per Cr (0.001%) (on premium)	NSE Rs 35 per Cr (0.00035%) (on premium)
Commodity	Group A - Rs 260 per Cr (0.0026%)
	Open Zerodha Account

Zerodha Vs mStock Leverage (Margin)

Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the mStock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Zerodha	mStock
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open Zerodha Account

Compare Zerodha and mStock Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. mStock offers Mobile App & Web Platform trading software.

	Zerodha	mStock
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Kite Web, Kite Mobile for Android/iOS and Coin	Mobile App & Web Platform
Intraday Square-off Time	Eq Cash: 3:15 PM \| Eq F&O : 3:25 PM \| Currency: 4:45 PM \| Commodities: 25 min before close
Trading In SME Shares Allowed?
Referral Program
Other Features	Direct Mutual Funds, APIs for Algo Trading	Buyback Trading
	Open Zerodha Account

Zerodha Vs mStock Review

Zerodha is rated 3.7 of 5 based on 486 customer reviews whereas .

	Zerodha	mStock
	486 Customer Reviews	Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 486 customer reviews

Contact Broker / Request A Call Back

	Zerodha Enquire	mStock Enquire
Contact Broker	Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.	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.

Zerodha Vs mStock Investment Options

	Zerodha	mStock
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Pay Later (MTF), Pledge Shares

Zerodha Vs mStock Order Type Offered

	Zerodha	mStock
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Zerodha Account

Zerodha Vs mStock Research Report

	Zerodha	mStock
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Zerodha Vs mStock Suitable For Investor Type

	Zerodha	mStock
Casual Investor
Active Investor
Trader

Zerodha Vs mStock - Pros and Cons

	Zerodha	mStock
Pros	Free account opening for people under 25. India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.
Cons	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.
Reviews
Promo / Offers	Zerodha Special Offer Free stock trading and mutual funds Free account opening for all people. Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + + Trade with the best trading platform in India. This is a limited time offer. Open an instant Zerodha account online and start trading today.	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews
	Open Zerodha Account

Comments

Add a public comment...

Compare Zerodha	Compare mStock
Zerodha Vs ICICIdirect Zerodha Vs HDFC Securities Zerodha Vs Sharekhan Zerodha Vs AxisDirect Zerodha Vs Angel One Zerodha Vs Kotak Securities Zerodha Vs Motilal Oswal Zerodha Vs Groww Zerodha Vs SBI Securities Zerodha Vs Geojit Zerodha Vs Nuvama (Edelweiss) Zerodha Vs 5paisa Zerodha Vs Upstox Zerodha Vs Anand Rathi Zerodha Vs Aditya Birla Money Zerodha Vs SAMCO Zerodha Vs Tradingo Zerodha Vs TradeSmart Zerodha Vs SAS Online Zerodha Vs Alice Blue Zerodha Vs Fyers Zerodha Vs Prostocks Zerodha Vs Bajaj Financial Zerodha Vs BlinkX Zerodha Vs Yes Securities Zerodha Vs Paytm Money Zerodha Vs Dhan	mStock Vs ICICIdirect mStock Vs HDFC Securities mStock Vs Sharekhan mStock Vs AxisDirect mStock Vs Angel One mStock Vs Kotak Securities mStock Vs Motilal Oswal mStock Vs Groww mStock Vs SBI Securities mStock Vs Geojit mStock Vs Nuvama (Edelweiss) mStock Vs 5paisa mStock Vs Upstox mStock Vs Anand Rathi mStock Vs Aditya Birla Money mStock Vs SAMCO mStock Vs Tradingo mStock Vs TradeSmart mStock Vs SAS Online mStock Vs Alice Blue mStock Vs Fyers mStock Vs Prostocks mStock Vs Bajaj Financial mStock Vs BlinkX mStock Vs Yes Securities mStock Vs Paytm Money mStock Vs Dhan

Compare Zerodha

Compare mStock

Open Zerodha Account