m.Stock
Discount Brokerm.Stock Demat Account Details
m.Stock Demat account review. m.Stock open Demat account or closure. Find account opening charges, closing forms, customer care and brokerage charges.
m.Stock, a trading platform launched by Mirae Asset Capital Markets (India) Pvt Ltd, offers a seamless and cost-effective trading experience through its Demat account services. Known for its competitive pricing, m.Stock has gained popularity due to its unique Zero Brokerage Account (across Delivery, ETF, Mutual Funds & IPO), innovative trading tools, and efficient account opening processes.
Company Information
Key Highlights
- Intraday , F&O, Delivery, IPO, Mutual Fund and more
- No hidden fees.
- ZERO Brokerage Fee on Delivery, Mutual Funds, ETF & IPO.
- Rs. 5 Brokerage on F&O, Intraday
- NO order and age restrictions.
- Make one-time or SIP investments in direct mutual funds at ZERO commission charges.
- Backed by 26 years of global experience parent Mirae Asset Capital Markets (India) Pvt Ltd.
- Offers Refer & Earn reward of Rs 149 on every successful referral.
Compliance & Foundation
SEBI Registration Number
N/A
Exchange Member Code
N/A
Founded
N/A
Head Office
N/A
Charges & Brokerage Plans
| Charge Type | Amount / Details |
|---|---|
| Demat Account Opening Fee | Rs 0 |
| Demat Account Annual Charges (AMC) | Rs 219 per quarter (Quarterly operating charges) |
| Demat Account Opening Charges | Rs 0 |
| Transaction Charges (Buy) | Rs 12 per ISIN + GST |
| Annual Maintenance Charges (AMC) | Rs 219 quarterly (Free Delivery Plan) |
| Demat + Courier charges | Rs 0 + Rs 100 per courier |
| Remat | Rs 0 |
| Pledge Creation | Rs 32 per PSN (Pledge Sequence Number) |
| Pledge Creation Confirmation | Rs 0 |
| Pledge Invocation | Rs 32 per PSN (Pledge Sequence Number) |
| Failed Transactions | No charge will be applicable for failed instruction |
| Other Charges | Periodic/Adhoc Statement-Rs 100 per request + Rs 100 per courier |
| Demat and Trading Account Opening Charges | Free Delivery account Cost = No fees Zero brokerage on Delivery, Mutual Funds & IPOs. Rs 5 brokerage on Intraday, F&O, Pay Later (MTF), Currency etc. |
| Demat and Trading Account AMC | Quarterly operating charges Cost = Rs 219 per quarter ^Plus applicable charges |
Online Account Opening
Step-by-Step Process
Enter & verify your mobile number and email ID
Upload a selfie & signature
Verify your Aadhaar and that your account has been created.
Submit Documents : Attach necessary documents such as your ID proof, account statement, and PAN card.
Submit Form : You can submit the form by visiting the nearest m.Stock branch, sending it via courier, or mailing it to their registered office.
Step 1: Settle Dues & Close Positions Clear all outstanding dues and close any open positions with your current broker. While mutual funds transferred offline won't appear in the portfolio section, they will be reflected in your m.Stock Demat account (DP).
Step 2: Download the Account Closure Form Visit your broker's website to download the account closure form. If your broker offers a digital process, simply eSign the form and print it.
Step 3: Send Required Documents Courier the digitally signed Client Master Report (CMR) from m.Stock along with the closure form (from Step 2) to your current broker.
Required Documents
- PAN Card
- Aadhaar Card
- Cancelled Cheque or Bank Statement
- Signature and Photograph
Growth vs Risk Summary
Top Advantages
- Intraday , F&O, Delivery, IPO, Mutual Fund and more
- No hidden fees.
- ZERO Brokerage Fee on Delivery, Mutual Funds, ETF & IPO.
- Rs. 5 Brokerage on F&O, Intraday
- NO order and age restrictions.
- Make one-time or SIP investments in direct mutual funds at ZERO commission charges.
Key Limitations
- Cons are not explicitly listed on the source page.
Margin Exposure
| Segment | Margin Limit (Up to) |
|---|---|
| Demat and Trading Account Opening Charges | Free Delivery account Cost = No fees Zero brokerage on Delivery, Mutual Funds & IPOs. Rs 5 brokerage on Intraday, F&O, Pay Later (MTF), Currency etc. |
Customer Complaints (Year-wise)
| Financial Year | Total Complaints | Resolved | Resolution Rate |
|---|---|---|---|
| 2026 | N/A | N/A | 0% |
m.Stock Demat Offer
m.Stock Demat Charges Snapshot
- Demat Account Opening Fee: Rs 0
- Demat Account Annual Charges (AMC): Rs 219 per quarter (Quarterly operating charges)
- Check latest terms on broker website before applying.
* T&C Apply