Stock Broker Referral Program

How Referral Works?

  • Step 1Open an account
  • Step 2Refer your friend
  • Step 3Your friend opens the account

Frequently Asked Questions

Referrer is a m.Stock customer who refers his friend to open an account with m.Stock.

Referee is the friend who opens an m.Stock account using Referrer's referral link.

Refer and Earn program rewards m.Stock customers for referring their friends to m.Stock. Every time a referred friend opens an account with ₹999 account charge, the customer gets ₹149 as a referral benefit. Also friend gets ₹149 as reversal in account opening fee.

To refer, the Referrer can share the referral link available on Refer & Earn section of m.Stock app / web portal with their friends or they can enter their friend's details. The referee can then open an account using the link received via email and SMS.

Referral reward is credited automatically in to Referrer's m.Stock account.

Referrer receives credit within 24 hours after Referee has completed account opening. We inform him/her when Referee has opened the account and the referral reward is credited, through email and SMS. This amount can be withdrawn like any other withdrawal.

You should be a customer of m.Stock and the Referee needs to open an m.Stock account with ₹999 account opening charge, using your referral link.

Referee gets ₹149 as reversal in account opening fee in m.Stock account within 24 hours of account opening. This reward is given provided account is opened with ₹999 charge using the referral link.

*Click here to view detailed Terms and Conditions

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.