₹0 Brokerage @ ₹999 One-time Fee
with m.Stock by Mirae Asset
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25 Years of
Expertise
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1.4 Lakh+ Clients
with 73% Active Ratio
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NO Brokerage
across Products
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NO Catch
on Expiry, Limits or Subscription Fee
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MTF @ 7.99%
One of the lowest interest rate
Pricing
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₹ 0 Brokerage & No Commission
FREE Intraday, Delivery, F&O Trades, Mutual Funds, IPO, Currency Trades, eMargin Facility
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What's the catch? There is NO catch
NO Subscription Fees, Expiry, Limits, Quarterly Charges, Anuual Charges, Buy & Sell IPO Charges
Demat & Trading Account
What is a Demat account?
The term ‘Demat’ is short for ‘Dematerialisation’, which technically means removing the materialistic aspect of an object. In regard to the share market, dematerialisation of shares means converting the materialistic paper shares to electronic form. So, a Demat account is a virtual locker, similar to a bank account, which stores your financial assets like shares, bonds, ULIPs, Sovereign Gold Bonds (SGBs) etc. in electronic form.
What is a Trading account?
The terms Demat and trading account are used interchangeably, but they are not the same. A Demat account can only hold your securities. Whereas a trading account facilitates the actual buying and selling of the assets. So, your trades (buying and selling) take place through a trading account, but the settlement (debit in case of sell order and credit in case of buy order) happens in the Demat account.
How to Open a m.Stock Demat & Trading Account?
Opening a Trading & Demat account is now Quick and Super Easy
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Enter your mobile number and fill out the online KYC -
Verify personal information - address proof, identity proof, PAN number and date of birth -
Select from payment options for a trading account that is apt for you, and make the payment online -
Add your bank account and complete your profile -
eSign the Demat account opening form -
Upon successful verification, your Demat account will be operational within 24 hours and login credentials will be shared on your registered email id.
Why you must open a Demat account with m.Stock
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Zero Brokeragem.Stock’s Zero brokerage Demat account allows you to trade across all products at zero brokerage for life! Calculate your brokerage savings with m.Stock’s brokerage calculator.
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Best-in-Class TechnologyGet access to top-notch technological features like advanced fundamental and technical charts, live news and market updates, pre-designed index baskets, flexible watchlists etc.
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Free Access to Margin
Trading Facility
With m.Stock’s Margin Trading Facility (eMargin) you get upto 80% funding in more than 700 stocks at lowest-in-the-industry rate of 7.99%.
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Global Investment
Powerhouse at Disposal
Access and benefit from a global investment powerhouse, Mirae Asset, with 25 years of global experience and 16+ years of Indian market experience.
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Quick, Paperless
Onboarding
With 100% paperless and efficient backend processes, you can open your m.Stock Demat account in less than 5 minutes. Through Digilocker, the entire process becomes infinitely simpler as your documents are pre-verified.
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Fast and Intuitive
Platform
Executed more than 1.3 crore trades successfully with a stable, superfast trading App & Web platform.
Our Legacy
A Global Brand - Mirae Asset
With a presence in over 15 Countries, Mirae Asset has built a global brand and a legacy over the past 25 years. Managing over $600 bn worth of global assets and Millions of customers, puts us in a unique position to create the best is class experience.
Technology
Superfast App & Web Platform with 6 Crore+ trades
executed successfully!
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Bank-grade
security -
Platform, rich
with features -
Super-fast
order processing
Our platform is geared to handle 1.2 Crore trades / day and 90,000 orders / second with 15 Lakh users at the same time.
Our Products
All products on one platform
With Features like Multiple watchlists, price alerts, one-view portfolio, options chain and many more
Stocks
Future & Options
Currency
Mutual Fund
IPO
ETF
MTF
MTF (eMargin) @7.99%
Now you can do MTF trading at one of the lowest interest rate in the industry
| Funding Value | m.Stock’s Effective Interest Rate |
|---|---|
| Up to ₹25 Lakhs | 9.49% |
| Above ₹25 Lakhs | 7.99% |
MTF interest rate will be charged on the gross total funding amount availed from m.Stock irrespective of the number of positions taken.
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700+ Stocks|
Upto 80% Funding |
Unlimited Holding Period |
No Hidden Charges
Here's what the world has to say
“The use of high quality tech is visible right from the account opening process itself. Barely took a few minutes to apply online and complete the KYC. The app is fast, intuitive and easy to navigate. Orders can be placed in 1 tap from different screens including charts. Well done m.Stock team”
“With m.Stock, I can make all investments in a single place and don’t have to go through hassles of memorising multiple account passwords. m.Stock is ideal for investments like equities which is the prevalent one in my portfolio. The dashboard is easy to read and I can access it easily to check my portfolio. Now, I don’t have to pay extra charges for maintaining multiple platforms.”
“Mirae Asset’s m.Stock is one of the easiest apps I have used to invest and trade. Account opening was seamless and the user experience is better than all the other trading portals I have tried in the past. Mujhe m.Stock app demat trading ke liye use karne mei bohot accha lagta hai. Mei ye app sabko recommend karta hu aur future mei bhi karunga!”
“m.Stock itna simple he har aspect me ki koi bhi usko use kar sakta hai. Unke live market updates right moves lene me help karta he. ₹999 opening charges,transparent pricing, zero brokerage charges, ache offers, great customer care aur free Demat account, what else does an investor need?”
“Mujhe online trading platform use karne mei bohut pareshani hoti thi, lekin with the new m.Stock app from Mirae, mera onboarding and account opening sirf 5 minute mei ho gaya. m.Stock main apne dost ko bhi recommend kiya hu and even they are now happy traders! The best part is that I dont have to pay any brokerage or demat charges for Life. Thank you m.Stock! ”
“Opening an account with m.Stock has been an absolute bliss as it took less than 5 minutes! ”
“Till date, my experience with m.Stock has been phenomenal. Their features, tools, and customer service is top-notch”
“My experience till date has been good. Its easy, quick, and has interesting tools and features”
Frequently Asked Questions
The primary advantages and features of DEMAT account are as below:
- You can conveniently transfer your shares from one investor to another or one DEMAT account to another.
- You can dematerialise or convert your old share certificates to the electronic form. You can also rematerialise them to the paper form if needed. You need to pay a nominal fee for rematerialisation and dematerialisation, which differs from broker to broker.
- You can enjoy the many corporate benefits associated with investing in market securities. For instance, you can access benefits like dividend payment, interest on investments, refunds, etc., offered by the companies in which you have invested.
- One of the most prominent DEMAT account advantages is that you can avail of loan and overdraft facilities with DEMAT account. You can use your existing securities as collateral to avail of these facilities.
- DEMAT accounts reduce the risk of losing, misplacing, or damaging your investment certificates and proof of investments. You can easily exit or liquidate your investments online with just a few clicks.
- Per SEBI guidelines, you must mandatorily file a nominee or provide a signed declaration if you wish not to register one.
A Depository Participant is simply an intermediary or entity through which you can invest in market securities. DPs serve as a link between the two primary depositories in India - The National Securities Depository Limited (NSDL) and the Central Depository Services Limited (CDSL) and the account holder. Banks, Brokerage Houses, and other financial institutions registered with the Securities and Exchange Board of India (SEBI) serve as DPs in India.
Demat account charges vary among different brokers. At m.Stock, for example, you have the option to make a one-time payment @ Rs. 999 post which you will not be charged any Annual Maintenance Charges (AMC) and you can conduct unlimited trades without paying any brokerage for life.
Yes, you can have more than one Demat account mapped to your trading account by transferring your single or joint DP ID with an upper limit of 3 account holders. However, you will have to pay annual maintenance charges for each Demat account you own.
Yes, it is possible to open a Demat account in the name of a minor but all the transactions will be through the parent or guardian, till the account holder reaches the age of 18. However, a trading account cannot be opened for a minor.
Open your Lifetime Free Brokerage Account Onboarding in just 5 minutes**