• No Order Limits
  • No Brokerage Commitment
  • No Subscription
  • No Expiry
  • No Annual Platform Charges
  • No Call & Trade Charges
Open Demat Account with m.Stock & Trade Free for Life
+91
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, Commodity, Currency
or
149

Zero brokerage for life
(Delivery, Mutual Funds, IPO)


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

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 (coming soon)
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
Autosquare off charges
Call & Trade
MTF Interest Rate
Pledge Creation
Pledge Closure
₹12
Upto ₹11
₹40
₹0
Upto 9.49%
₹12
₹12
0.04%
₹6
₹50
₹24
18%
₹24
₹24
₹16
₹9
₹55
₹54
20%
₹29
₹24
Note: Data basis the information available across the company websites

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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 0.01% on sell side 0.05% on sell side (on premium)
Transaction charges NSE: 0.00345%
BSE: 0.00375%
NSE: 0.00345%
BSE: 0.00375%
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 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 7.99% - 9.49%
Brokerage Zero
Subscription Fee Zero
Margin Pledge ₹12
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 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
Customer Testimonials

Here's what the world has to say


Testimonial By Jay Chavda
Jay Chavda India

“Account opening process is very smooth, all my KYC was pre-filled so it happened very fast. The interface is user-friendly and very easy to use. I just paid 999 fee and 999 AMC now everything is free no brokerage ...good job by mStock team.”

Testimonial By Vishal Vincent
Karan Jaggi India

“The messages and initiation that I got at every step, is the best without any jargons. There were samples and screens that helped a lot to complete the journey with ease. There is simplicity and its unique that gives you a premium feel. Try it... strongly recommend!”

Testimonial By Nayan Sharma
Nayan Sharma India

“Good job by mstock, the account opening process was really smooth.

My entire KYC was pre-filled, it happened really fast.”