m.Stock Pricing Page


m.Stock Charges (Short + Deep Analysis)


1. Account Opening Charge


₹0 account opening fee 




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2. AMC Charge


Officially “₹0 AMC”


But Quarterly Operating Charge: ₹219 + GST every quarter 



⚠️ Reality:


Yearly approx ₹1033 padta hai.




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3. Brokerage Charge


Segment Charge


Delivery ₹0

Intraday ₹5/order

Futures ₹5/order

Options ₹5/order






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4. Call & Trade Charge


₹0 




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5. Auto Square Off Charge


₹100 per executed order + GST 



⚠️ Intraday traders ke liye costly ho sakta hai.



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6. MTF Charge


Interest starting: 6.99% p.a. 




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7. Pledge & Unpledge Charge


Type Charge


Pledge Creation ₹0

Pledge Closure ₹32 + GST






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8. DP Charge


₹18 per debit transaction + GST 



⚠️ Delivery shares sell karne par lagta hai.



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9. DDPI Charge


Usually free digital activation.




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10. GST Charges


18% GST on: brokerage + transaction + DP + SEBI charges 




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11. SEBI Fee


₹10 per crore turnover 




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12. Stamp Charges


Segment Charge


Delivery 0.015%

Intraday 0.003%

Futures 0.002%

Options 0.003%






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13. Mutual Fund Charge


Direct mutual funds: ₹0 commission 




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14. Payment Gateway Charges


Method Charge


UPI Free

Smart Pay Free

Net Banking ₹7–₹11 + GST






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15. Delayed Payment Charges


0.049% per day interest 



⚠️ Approx 17–18% yearly.



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Safe & Unsafe


Safe ✅


Mirae Asset backed broker


SEBI registered


Legit broker hai, scam nahi 




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Unsafe / Risk ⚠️


“Zero AMC” marketing confusing lag sakti hai


Quarterly charges hidden-feel dete hain 


Kuch users ne app glitches report kiye 


Auto square-off charge high hai




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Fayde (Advantages)


✅ Very low brokerage

✅ ₹0 delivery brokerage

✅ ₹5 F&O/intraday

✅ Free call & trade

✅ Low MTF interest

✅ Good for active traders

✅ Direct mutual funds free



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Nuksan (Disadvantages)


❌ Quarterly operating charges

❌ DP charges extra

❌ High RMS square-off fee

❌ App stability complaints

❌ Hidden-cost feeling for beginners



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Deep Final Analysis


Best For


Intraday traders


F&O traders


Heavy trading


Low brokerage users



Not Best For


Long-term investors


Beginners jo simple pricing chahte hain


Users jo hidden-type charges avoid karna chahte hain




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Final Verdict


Category Rating


Brokerage ⭐⭐⭐⭐⭐

Safety ⭐⭐⭐⭐

Transparency ⭐⭐⭐

Long-term Investing ⭐⭐⭐

F&O Trading ⭐⭐⭐⭐⭐



Overall


m.Stock cheap broker hai aur active trading ke liye strong option hai.

Lekin charges ko dhyan se samajhna zaroori hai, especially:


DP charges


Operating charges


Auto square-off charges.

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