How Do Zero Broking Charges Really Help Me as an Investor?
Zero brokerage is the latest trend redefining the Indian broking industry. While majority of brokers offer delivery trading for free, m.Stock is one of the leading brokerage companies, offering zero brokerage across equity delivery, mutual fundsand IPOs. Let us understand how a Zero brokerage account can help you as an investor.
How Zero Brokerage Helps Investors
No charges
- Zero brokerage means no brokerage is levied on your equity delivery, IPOs and mutual funds orders. At m.Stock, you will be charges ₹5 brokerage for intraday trades and F&O trades which is usually charged at ₹20 per trade by other brokers. This way you can save massively on brokerages and increase your effective return on investment.
No cap on volume
- Traditional full-service brokers charge brokerage on the total trade value. So, the more you trade, the higher the brokerage payable. But with m.Stock, there is no cap on the total trade value. You can trade to your heart’s content without paying even a single rupee in brokerages.
Safe trading
- Trading with a trusted zero stockbroker like m.Stock brings safety. All the data and transactions are safe and highly secured (bank grade security) to provide you with a comfortable and secured trading experience every time.
Advanced applications and trading tools
- Advanced trading tools and features are must for a successful trading experience. With m.Stock trading app and web portal, you get access to advanced trading tools and charts, which will elevate your trading experience.
Transparency in pricing
- Hidden charges often end up taking a big chunk from your profits. But with m.Stock, there are no hidden charges.
Pocket-Friendly
- With m.Stock’s demat account, you can make your account maintenance charges also comes down to zero.
Steps to open a Demat account with m.Stock
If you want to save on high brokerages and trade for free, then m.Stock is your ideal trading partner. Follow the below steps to open your m.Stock free demat account:
Visit www.mstock.com and click on “Open an Account”
Enter your mobile number and OTP
Fill out the application form, and complete the KYC formalities
Post successful verification, your m.Stock account will be opened within 24 hours. You will receive your login credentials on email and can start trading!
Zero brokerage trading holds tremendous potential and can increase your effective return on investment manifolds. So, join the zero brokerage revolution with m.Stock today!
Read Also: Advantages of Zero Brokerage Trading
Read Also: Is there a Firm in India that offers Zero Brokerage across Products?
Read Also: What All is Free in Zero Brokerage
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FAQ
What are the documents required to open free demat account with m.Stock?
m.Stock asks for only three types of documents-
Identity Proof - PAN card is compulsory
Address Proof - Aadhaar card, voter id, passport
Income Proof - Income tax returns, bank passbook
How long will it take for my DEMAT account to be opened?
m.Stock by Mirae Asset understands your zeal for investment and trade. Hence, you can open your DEMAT account in less than 5 minutes with 100% paperless onboarding.
Is there any limit on the orders under zero brokerage?
No. One can purchase or sell as many orders as they wish to with m.Stock Zero Brokerage across equity delivery, mutual funds and IPOs.
Is there a tax on stocks?
Irrespective of your tax slab, if you sell your shares before 12 months, a 15% short-term capital gains tax will be applicable. Whereas if you sell your equity shares after a year (12 months), LTCG of 10% is applicable (if gains exceed Rs 1 Lakh in a financial year)