M Stock New Brokerage Charges
m.Stock Brokerage Charges
m.Stock offers two main account plans, each with distinct pricing structures:
1. Lifetime Zero Brokerage Plan
◦ One-time fee: ₹999 (paid at account opening).
◦ Brokerage:
‣ ₹0 (zero brokerage) for Equity Delivery, IPOs, and Mutual Funds.
‣ ₹5 per executed order for Intraday and Futures & Options (F&0) trades.
◦ Notes: This plan was updated in March 2025 due to regulatory changes in the broking industry, which increased costs. Previously, it offered zero brokerage across all segments, but now Intraday and F&0 trades incur a flat ₹5 fee per order.
2. Free Delivery Plan
◦ Account opening fee: ₹0 (free to open).
◦ Brokerage:
‣ ₹0 for Equity Delivery, IPOs, ETFs, and Mutual Funds.
‣ ₹5 per executed order for Equity Intraday, Futures, Options, and other segments like Buyback/OFS/Tender Offer/Delisting.
◦ Upgrade option: You can switch to the Lifetime Zero Brokerage Plan later by paying ₹1,299.
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