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

Demat Maintenance and Account Opening Charges

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T&C and privacy policy

Demat & Trading Account Opening Charges

999

Zero brokerage for life
(Across Products)


Zero brokerage across Delivery, Intraday, F&Os, Mutual Funds, IPO, Currency
or
149 0

Free Delivery for life
(Delivery, Mutual Funds, IPO)


Brokerage of ₹20 applicable on Intraday, F&O and Currency
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Optional

₹999 FREE AMC

Opt for free lifetime AMC by paying an additional ₹999, else pay ₹120 every quarter as AMC.

Additional GST & Partner fees applicable on selected plan

₹0 Brokerage & Lowest Other Charges in the Industry

Type Charges m.Stock Full Service Broker Discount Broker
Brokerage Delivery
Intraday
Futures
ETF
MTF (eMargin)
Options
Currency
Mutual Fund
IPO
₹0
₹0
₹0
₹0
₹0
₹0
₹0
₹0
₹0
Upto 0.55%
Upto 0.19%
Upto 0.05%
Upto 0.55%
Upto 0.55%
Upto ₹100
Upto ₹25
₹0
₹4
₹0 - ₹20
₹10 - ₹20
₹10 - ₹20
₹0 - ₹20
₹0 - ₹20
₹10 - ₹20
₹0 - ₹20
₹0
₹20
  Average Brokerage ₹0 Upto 0.55% Upto ₹20
Other Charges DP Charges During Sell Transactions
Payment Gateway Charges
Call & Trade
MTF Interest Rate
₹12
Upto ₹11
₹0
Upto 9.99%
0.04%
₹6
₹24
18%
₹16
₹9
₹54
20%
Note: Data basis the information available across the company websites

Watch real traders save big on m.Stock

Contract Note cum Tax Invoice

₹ 1,20,000 brokerage a year or ₹ 0 brokerage for life? Choose wisely
Assuming 25 orders @ ₹ ₹20 brokerage and 20 trading days in a month

Calculate Now

No Hidden Charges

Charges Equity Delivery Equity intraday Futures Options
Brokerage Zero Zero Zero Zero
Call & Trade Charges Zero Zero Zero Zero
STT/CTT 0.1% on buy & sell 0.025% on the sell side 0.0125% on sell side • 0.125% of the intrinsic value on options that are bought and exercised

• 0.0625% on sell side (on premium)
Transaction charges NSE: 0.00322%
BSE: 0.00375%
NSE: 0.00322%
BSE: 0.00375%
NSE: 0.00188% NSE: 0.0495% (on premium)
GST 18% on (brokerage + transaction charges + SEBI charges) 18% on (brokerage + transaction charges + SEBI charges) 18% on (brokerage + transaction charges + SEBI charges) 18% on (brokerage + transaction charges + SEBI 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 Zero
Call & Trade Charges Zero Zero
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 MTF (eMargin)
Interest Rate 6.99% - 9.99%
Brokerage Zero
Subscription Fee Zero
Margin Pledge ₹25^^
GST 18% on (brokerage + transaction charges)

Mutual Fund Charges  

No fees on Mutual Fund Direct Plans

DP (Depository Participant) Charges  

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

Pledge Charges

  • Pledge creation & closure charges will be ₹25 per PSN (Pledge Sequence Number) per day (+GST) for 'Lifetime free AMC' plan
  • Pledge creation & closure charges will be ₹32 per PSN (Pledge Sequence Number) per day (+GST) for standard quarterly AMC plan

Quarterly Operating Charges

  • ₹99 + 18% GST per quarter for clients under the standard quarterly AMC plan
  • No operating charge will be applicable for clients under the 'Lifetime free AMC' plan

Upgrade Charges

  • Brokerage Plan: In case you opt for Free Delivery account during account opening and upgrade later, then you will have to pay ₹1,299.
  • AMC Plan: In case you opt for standard AMC plan (₹120 per quarter) during account opening and upgrade later, you will have to pay ₹1,299.

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 Zero Brokerage account at a one-time fee of ₹999. In case of Free Delivery 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

Modification charges

A charge of ₹20 will be applicable per request

Account Closure Charges  

No charge will be applicable for account closure

18% GST

On Brokerage, DP charges, Exchange Transaction charges, SEBI 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.

Transaction/Turnover Charges

BSE transaction charges on securities traded in X, XT and Z group is 0.10% per crore & for 'P', 'ZP', 'SS' and 'ST' group, it is 1% per crore on the gross turnover value

Other Charges

  • RMS square-off-charges for open intraday positions by system - ₹60 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

Open your Lifetime Free Brokerage Account

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