- Pricing
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
Demat & Trading Account Opening Charges
Zero brokerage for life
(Across Products)
Zero brokerage across Delivery, Intraday, F&Os, Mutual Funds, IPO, Currency
Zero brokerage for life
(Delivery, Mutual Funds, IPO)
Brokerage of ₹20 applicable on Intraday, F&O and Currency
Optional
₹999 FREE AMCOpt 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
Watch real traders save big on m.Stock
₹ 48,000 brokerage a year OR ₹ 0 brokerage for life? Choose wisely
Assuming 5 delivery trades @ ₹20 per trade and 20 trading days in a month
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: 0.00325% BSE: 0.00375% |
NSE: 0.00325% BSE: 0.00375% |
NSE: 0.0019% | NSE: 0.050% (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% - 9.49% |
| 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
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
With 999 Account & 999 AMC - you get a ZERO charges account without any Catch
Open your Lifetime Free Brokerage Account Onboarding in just 5 minutes**
Here's what the world has to say
“When I opted for the ₹ 999 Zero Brokerage plan, I was expecting a long list of conditions and exceptions to come along with it. Imagine my delight when it clearly mentioned free brokerage and no commission charges on all the different products and services. Simply WOW!”
“Having carefully understood the m.Stock pricing model, I can say with confidence that it is unmatchable in the current market. ₹ 999 account opening got me Zero brokerage for life. Also, by paying another one time fee of ₹ 999, I was able to get rid of all account AMC related charges.”
“When I heard that m.Stock is a zero brokerage platform I thought it was some sort of a scheme or scam. But, to my surprise, it is not! I only had to pay 999 rupees account opening fee once and that was it. Now I can trade through the platform in a hassle-free manner with no added or hidden charges. It is a perfect app for Indian small traders.”
“Zero Brokerage sounded too good to be true, so I was sure there would be some catch there. I opened the ₹999 account & was pleasantly surprised to find that there were no hidden charges. I also opted for the free AMC by paying an additional ₹ 999. I recommend this option as I dont have to pay any more charges now.”
“Get Zero Brokerage for life at one time fee Rs 999 including all segments future, options, intraday, delivery, IPO and currency! Is this the revolution the broking industry was waiting for? Its unbelievable! by Mirae Asset. Open your account now !!!”
“My account opening process on @mstock_in was incredibly simple with an easy #KYC link. @mstock_in is a hassle-free investment with a one-time cost of Rs.999/- and ₹0 #brokerage no #hiddencharges across segments.”