Everything with us cost
Lifetime ₹ 0 Brokerage & No Commission
FREE
Intraday, Delivery,
F&O, Mutual Funds,
IPOs, Currency

Demat Maintenance and Account Opening Charges

+91
T&C and privacy policy

What's the catch? There is NO Catch

  • No limit to number of orders
  • No prior brokerage commitment
  • No subscription attached
  • No date of expiry
  • No annual platform fee
  • No call & trade charges

Did you Know ?
You can save ₹ 5,000 on Brokerage a Year

Calculate Now

No Hidden Charges

Charges Equity Delivery Equity intraday Futures Options
Brokerage Zero Brokerage Zero Brokerage Zero Brokerage Zero Brokerage
Call & Trade Charges Zero Charges Zero Charges Zero Charges Zero Charges
STT/CTT 0.1% on buy & sell 0.025% on the sell side 0.01% on sell side 0.05% on sell side (on premium)
Transaction charges NSE: 0.00345%
BSE: 0.00345%
NSE: 0.00345%
BSE: 0.00345%
NSE: 0.002% NSE: 0.053% (on premium)
GST 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
SEBI charges ₹10 / crore ₹10 / crore ₹10 / crore ₹10 / crore
Stamp charges 0.015% or ₹1500 / crore on buy side 0.003% or ₹300 / crore on buy side 0.002% or ₹200 / crore on buy side 0.003% or ₹300 / crore on buy side
Charges Futures Options
Brokerage Zero Brokerage Zero Brokerage
Call & Trade Charges Zero Charges Zero Charges
STT/CTT No STT No STT
Transaction charges NSE: Exchange txn charge: 0.0009%
NSE: Exchange txn charge: 0.035%
GST 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
SEBI charges ₹10 / crore ₹10 / crore
Stamp charges 0.0001% or ₹10 / crore on buy side 0.0001% or ₹10 / crore on buy side
Charges Futures Options
Brokerage Zero Brokerage Zero Brokerage
Call & Trade Charges Zero Brokerage Zero Brokerage
STT/CTT 0.01% on sell side (Non-Agri) 0.05% on sell side
Transaction charges Group A
Exchange txn charge: 0.0026%
Group B:
Exchange txn charge:
CASTORSEED - 0.0005%
KAPAS - 0.0026%
PEPPER - 0.00005%
RBDPMOLEIN - 0.001%
Exchange txn charge: 0.05%
GST 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
SEBI charges Agri:
₹1 / crore
Non-agri:
₹10 / crore
₹10 / crore
Stamp charges 0.002% or ₹200 / crore on buy side 0.003% or ₹300 / crore on buy side

Account opening & Demat maintenance charges

₹999 Account

With this account, you will be charged a one-time Account opening fee of ₹999, where you get to trade across all products @ Zero brokerage for life. This is a not a recurring charge. Zero brokerage charges are not linked to any subscription pack, or a limited number of trades and this is not a limited time offer.


₹149 Account

With this account, you will be charged a one-time Account opening fee of ₹149, subsequently you will be charged at ₹20 per trade for Intraday, Futures & Options and Currencies. Delivery trades, Mutual Funds & IPOs are Zero brokerage / commission for this account as well.


Demat Maintenance Charges

Add a payment of ₹999 (optional), at the time of account opening to have your Demat maintenance charge also MADE FREE FOR LIFE. If you don't wish to go for this optional payment, a standard ₹120 will be charged per quarter.


* 18% GST & 2.36% Payment partner fee, will be applicable on the above charges at the time of account opening

Additional Charges

Mutual Fund Charges  

No fees on Mutual Fund Direct Plans

DP (Depository Participant) Charges  

₹12 + GST per ISIN per day will be charged as DP charges for sell transactions charged by CDSL & m.Stock

Pledge Charges  

₹12 + GST per pledge request per ISIN

Off-market Transfer Charges  

Transfer in FREE - Transfer out ₹20 per transaction or 0.50% whichever is lower

Corporate Action Order Charges  

Lifetime Zero brokerage in the 999 account. In case of 149 account, a charge of ₹20 per transaction will be levied

Delayed Payment Charges

Interest is levied at 18% a year or 0.05% per day on the debit balance in your trading account

Physical CMR Request  

First CMR request is free. ₹20 + ₹100 (courier charge) + 18% GST for subsequent requests

Payment Gateway Charges - Margin Fund Transfer

UPI Transactions are Free and in case of Net banking, charges will vary between ₹7 - ₹11 + GST depending on the bank selection

Physical Statement Courier Charges

₹100 per request + ₹100 per courier

Demat per certificate

A charge of ₹150 per certificate + ₹100 courier charges will be levied

Remat Charges

A charge of ₹150 per certificate + ₹100 courier charges + CDSL Charges will be levied

Failed Instruction Charges

A charge of ₹50 per instruction will be applied

Reactivation Charges  

No charge will be applicable for account reactivation

Account Closure Charges  

No charge will be applicable for account closure

18% GST

On Brokerage, DP charges, Exchange Transaction charges and Auto Square-Off charges

Physical Delivery of Derivatives

Nominal brokerage 0.05% of the contract value will be charged when physical delivery happens.

Other Charges

  • RMS square-off-charges for open intraday positions by system - ₹40 per position
  • Auction if unable to deliver a stock (not in demat) - As per actual penalty by exchange

999 Account

With this account, you will be charged a one-time Account opening fee of Rs.999, where you get to trade across all products @ Zero brokerage. This is a not a recurring charge. Zero brokerage charges are not linked to any subscription pack, or a limited number of trades and this is not a limited time offer.

149 Account

With this account, you will be charged a one-time Account opening fee of Rs. 149, subsequently you will be charged at Rs. 20 per trade across products. Delivery trades, Mutual Funds & IPOs are @ Zero brokerage.

Demat AMC

FREE for Life

If you go for Rs. 999 Demat AMC, you will not be charged AMC ever again. Alternatively, you can choose to pay Rs. 120 at the end of every quarter.

With 999 Account & 999 AMC - you get a ZERO charges account without any Catch

  • No limit to number of orders
  • No prior brokerage commitment
  • No subscription attached
  • No date of expiry

Andheri Office :
Unit No. 502, 5th Floor,Leela Business Park , Andheri Kurla Road,Near Airport Road Metro Station,
Andheri (E),Mumbai – 400 059. Tel No : 1800 210 0818

Registered Office:
Unit No. 506, 5th Floor, Windsor Bldg, Off CST Road, Kalina, Santacruz (E), Mumbai – 400 098.
CIN Number : U65990MH2017FTC300493


Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limits. Statutory Charges/Taxes would be levied as applicable.

Compliance Officer: Mr. Himanshu Parekh (Stock Broking and DP Activities) Email - compliance.officer@mstock.com, Tel No: - 022-41887777

Mirae Asset Capital Markets (India) Private Limited (“MACM”) offer its online retail stock broking services under brand m.Stock
Registration Details: SEBI Stock Broker Registration No.: INZ000163138 – Membership in BSE – Cash Segment (Clearing Member ID: 6681), BSE Star MF Segment (Membership No : 53975) and in NSE – Cash, F&O and CD Segments (Member ID: 90144), Membership in MCX – (Member ID: 56980), SEBI Merchant Banking Registration No.: MB/INM000012485, SEBI Research Analyst Registration No.: INH000007526, SEBI DP Registration No: IN-DP-589-2021, CDSL DP ID: 12092900, CIN: U65990MH2017FTC300493. AMFI Registered Mutual Funds Distributor: ARN-188742.Tele No: 18002100818. In case of any grievances, please write to help@mstock.com
*Special Administrative Region of the People's Republic of China
**Account would be opened after all procedure relating to IPV and client due diligence is completed.