Is there a Firm in India that offers Zero Brokerage across Products?
As per SEBI guidelines, for the purpose of trading in the stock market, one needs to open a Demat and trading account with a registered broker. There are typically 3 kinds of brokers in India:
- Full-service brokers
- Discount brokers
- Brokers offering Zero Brokerage
As the name suggests, full-service brokers provide a full spectrum of services including market research, insights, and relationship managers for hand holding etc. But they charge very high brokerage for providing these services.
The next type of brokers are the discount brokers. They do not provide investment advice or relationship managers or branches for trading. Instead, they pass on this saved cost to their customers by way of flat fee irrespective of the trading volume.
The third type of brokers are brokers who charge zero brokerage. With a one-time fee, you can trade across all products for free with m.Stock, which is pioneering the zero brokerage revolution in India.
Why you must open a Zero Brokerage account with m.Stock
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Zero brokerage
m.stock charges zero brokerage on Delivery, F&O, Intraday, Currencies, IPOs, MTF, ETFs and everything else. With a one-time fee of Rs. 999, you can trade across products for life. Alternatively, you can also choose to open an m.Stock account for ₹149 and pay a flat rate of ₹20 per trade on intraday and F&O trades.
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No hidden charges
There are no hidden brokerage charges when you trade or invest with m.Stock. Trade freely with utmost transparency.
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Unlimited orders
There are no limitations on the number of orders that you can buy or sell. So, even if you place 1 order or 1,000 orders, m.Stock will charge you Zero brokerage.
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No subscription fees
Many platforms charge you a subscription fee to avail margin trading facility. But with m.Stock, there are no subscription fees or charges on MTF (eMargin). When you eliminate the subscription costs, your real rate of return increases. Calculate your savings with m.Stock’s MTF calculator.
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Free investing & trading for life
Most brokers do not levy brokerage on delivery trades. Instead, they charge on intraday and F&O trades. But with m.Stock, you trade across products including intraday and F&O, at zero brokerage for life.
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High Returns
m.Stocks charges no subscription fees or brokerage, which ultimately yields higher returns for investors.
Brokerage charges might look miniscule in the beginning, But if you trade on a regular basis or if you are a long-term investor, then high brokerages will eat into your profits. The best way to avoid this is to shift to m.Stock’s zero brokerage account where you can enhance your trading experience and earn better ROI.
