m.Stock is a Private Discount Broker in India , established in 1997 , and headquartered in Mumbai. The broker provides access to equity delivery, equity intraday, equity futures, equity options, currency futures and currency options through mobile app access and web trading, making it relevant for traders and investors who want one platform for market access, order execution, and portfolio tracking.
This 2026 review covers m.Stock brokerage charges, Demat account costs, trading platforms, products, customer support, and key features. Investors comparing brokers can use the details on this page to understand whether m.Stock matches their cost expectations, preferred trading segments, and platform requirements.
m.Stock is listed as a Private Discount Broker that started operations in 1997 with headquarters in Mumbai. m.Stock lists Park Hyeon-Joo as its founder and focuses on serving investors who need access to equity delivery, equity intraday, equity futures, equity options, currency futures and currency options.
On the platform side, m.Stock highlights mobile app access and web trading and supports products such as equity delivery, equity intraday, equity futures, equity options, currency futures, currency options and mutual funds. Its brokerage plan is listed as Zero Delivery Plan with subscription charges of Zero.
For investors evaluating overall value, the broker also highlights watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts and support access through trading desk support, dedicated dealer assistance, call support, email support and website support. This combination of products, tools, and support channels can help determine whether m.Stock is suitable for beginner, active, or long-term investors.
m.Stock — A Comprehensive Company Overview
| Company Overview | m.Stock |
|---|---|
| Company Type | Private |
| Broker Type | Discount Broker |
| Headquarters | Mumbai |
| Founder | Park Hyeon-Joo |
| Establishment Year | 1997 |
| Brokerage Plan | Zero Delivery Plan |
m.Stock has been evaluated across key parameters including technology, charges, products, and customer experience to help investors make an informed comparison.
m.Stock — Ratings
| Parameter | Rating |
|---|---|
| Overall Rating | 7.28/10 |
| Customer Support | 7.25/10 |
| Technology | 7.37/10 |
| Charges | 7.31/10 |
| Products & Services | 7.24/10 |
| Experience | 7.22/10 |
m.Stock lists account opening charges of Rs.149 for its onboarding process, while the annual maintenance charge (AMC) for the Demat account is Rs.999.
Before opening an account with m.Stock, investors should compare onboarding fees, Demat AMC, brokerage slabs, and the availability of services such as IPO access, F&O trading, and research tools.
Account Opening and Demat Charges
| Charge | m.Stock |
|---|---|
| Trading Account Opening Charges | Rs.149 |
| Demat AMC (Annual Maintenance Charges) | Rs.999 |
| DP Charges | Rs.12 per Scrip on Sell |
| Account Closure Charges | Nil |
| Account Reactivation Charges | Nil |
| Dematerialisation Charges | Rs.150 per Certificate |
| Call & Trade Charges | Free |
Brokerage is the fee charged by a stockbroker for executing trades on your behalf. m.Stock applies the following charges across segments:
Brokerage of m.Stock
| Brokerage | m.Stock |
|---|---|
| Brokerage Plan | Zero Delivery Plan |
| Subscription Charges | Zero |
| Equity Delivery | Free |
| Equity Intraday | Rs. 5 per Trade |
| Equity Future | Rs. 5 per Trade |
| Equity Option | Rs. 5 per Trade |
| Commodity Future | NA |
| Commodity Option | NA |
| Currency Future | Rs. 5 per Trade |
| Currency Option | Rs. 5 per Trade |
m.Stock offers margin exposure to help traders manage larger positions with less capital. The margin facility allows investors to leverage their holdings across different segments, enabling better utilisation of available funds while managing risk appropriately. The margin trading interest rate is 0.05% per day.
m.Stock — Exposure / Margin
| Exposure | m.Stock |
|---|---|
| Equity Delivery | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x |
| Equity F&O Intraday | 1.3x |
| Commodity F&O Carry Forward | 1x |
| Commodity F&O Intraday | 1.3x |
| Currency F&O | 1x |
| Margin Trading Interest | 0.05% per day |
| Pledge Creation Charges | Rs.32 per Request |
| Pledge Invocation Charges | Rs.32 per Request |
Apart from brokerage, several statutory and operational charges apply when trading through m.Stock. These include Securities Transaction Tax (STT), stamp duty, transaction charges, SEBI turnover fees, GST, and depository charges. Understanding these costs helps investors calculate the true cost of every trade.
Other Charges of m.Stock
| Charge | m.Stock |
|---|---|
| Transaction Charges — Equity Delivery | 0.00325% (NSE) & 0.00375% (BSE) |
| STT — Equity Delivery | 0.1% on buy & sell |
| Stamp Duty — Equity Delivery | 0.015% on buy |
| Transaction Charges — Equity Intraday | 0.00325% (NSE) & 0.00375% (BSE) |
| STT — Equity Intraday | 0.025% on sell |
| Stamp Duty — Equity Intraday | 0.003% on buy |
| Transaction Charges — Equity Futures | 0.0019% (NSE & BSE) |
| STT — Equity Futures | 0.0125% on sell |
| Stamp Duty — Equity Futures | 0.002% on buy |
| Transaction Charges — Equity Options | 0.05% (on premium) |
| STT — Equity Options | 0.0625% on sell (on premium) |
| Stamp Duty — Equity Options | 0.003% on buy |
| STT — Commodity Futures | 0.01% on sell (Non-Agri) |
| Stamp Duty — Commodity Futures | 0.002% on buy |
| STT — Commodity Options | 0.05% on sell |
| Stamp Duty — Commodity Options | 0.003% on buy |
| Transaction Charges — Currency Futures | 0.0009% (NSE) |
| STT — Currency Futures | Nil |
| Stamp Duty — Currency Futures | 0.0001% on buy |
| Transaction Charges — Currency Options | 0.035% (NSE) |
| STT — Currency Options | Nil |
| Stamp Duty — Currency Options | 0.0001% on buy |
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) |
| DP Charges | Rs.12 per Scrip on Sell |
| GST | 18% on (Brokerage + SEBI + Transaction charges) |
m.Stock provides mobile app access and web trading to support order placement, portfolio tracking, and market monitoring.
Key platform features include: watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips, interactive charts, live market tracking, secure platform controls.
m.Stock — Trading Platforms
| Trading Platform | m.Stock |
|---|---|
| Android App | m.Stock Android App Link |
| iOS App | m.Stock iOS App Link |
| Web Trading Platform | m.Stock Web Trading Link |
| Mutual Fund Investment Platform | Available |
m.Stock highlights the following offers and benefits to attract and retain investors. These can help reduce overall trading costs or improve the value of the account relationship.
m.Stock — Offers
| Offer | m.Stock |
|---|---|
| Free Brokerage | Yes, Limited |
| Flat Brokerage | Yes |
| Flexible Brokerage Plans | Yes |
| Free Delivery Trading | Yes |
| Free Intraday Trading | Yes, Limited |
| Free F&O Trading | Yes, Limited |
| Free Research Reports | Yes |
| Free Trading Calls | Yes |
| Referral Offers | Upto Rs.500 per Client |
| Margin Funding / Pledging | Yes |
m.Stock highlights features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts. These tools support research, market monitoring, order execution, and day-to-day portfolio management for both first-time and active market participants.
m.Stock — Trading Features
| Trading Feature | m.Stock |
|---|---|
| Wishlist / Watchlist | Yes |
| Real-Time Updates | Yes |
| Portfolio Details | Yes |
| Online MF Buy | Yes |
| Research Reports | No |
| Global Indices | No |
| Customised Recommendations | No |
| Stock Tips | Yes |
| Interactive Charts | Yes |
| Live Market | Yes |
| Multi Profile Management | No |
| Robust & Secure Platform | Yes |
m.Stock provides the following research and advisory services to help investors make more informed trading and investment decisions.
m.Stock — Research & Advisory
| Research Service | m.Stock |
|---|---|
| Stock Tips | Yes |
| Daily Top Stock Picks | Yes |
| Daily Market Review | Yes |
| Monthly Review | Yes |
| Weekly Review | Yes |
m.Stock provides services that may include Demat services, trading services, intraday trading, F&O trading, IPO access and stock research. Depending on the products enabled, investors may also get access to equity delivery, equity intraday, equity futures, equity options, currency futures, currency options and mutual funds from the same ecosystem, making it easier to manage both trading and long-term investing requirements.
m.Stock — Services Provided
| Service | m.Stock |
|---|---|
| Demat Services | Yes |
| Trading Services | Yes |
| Intraday Services | Yes |
| F&O Services | Yes |
| IPO Services | Yes |
| 3-in-1 Account | No |
| Stock Research | Yes |
| Stock Recommendations | Yes |
| Trading Education / Institution | No |
| Share Pledging | Yes |
| PMS or PCG | No |
| NRI Services | No |
m.Stock offers a range of investment products including stocks, futures & options, currency trading and mutual funds, enabling users to explore multiple asset classes from a single platform. The platform also supports long-term wealth creation through mutual funds, allowing investors to diversify and reduce risk exposure.
m.Stock — Products Provided
| Product | m.Stock |
|---|---|
| Equity Delivery | Yes |
| Equity Intraday | Yes |
| Equity Option | Yes |
| Equity Future | Yes |
| Commodity Option | No |
| Commodity Future | No |
| Currency Option | Yes |
| Currency Future | Yes |
| Foreign Stocks | No |
| Mutual Funds | Yes |
| Banking | No |
| Insurance | No |
| Corporate Bonds | No |
| Government Bonds | No |
| Digital Gold | No |
m.Stock offers partnership opportunities for individuals and organisations looking to associate with the broker and earn income by referring clients or operating as a sub-broker.
m.Stock — Partner Programs
| Program | m.Stock |
|---|---|
| Sub-broker Program | Yes, Limited |
| Partner Program | Yes, Limited |
| Referral Program | Yes |
m.Stock provides customer support through trading desk support, dedicated dealer assistance, call support, email support and website support. A dedicated dealer service is also available for clients requiring personalised trade execution support.
Customer Support of m.Stock
| Support Channel | m.Stock |
|---|---|
| Trading Support | Available, Chargeable |
| Dedicated Dealer | Available, Chargeable |
| Call Support | 1800-2100-818 |
| Email Support | [email protected] |
| Website Support | Website Link |
| Facebook Support | Facebook Support Link |
| Twitter / X Support | Twitter Support Link |
The BSE and NSE regularly track and publish broker complaint data as part of maintaining investor protection standards. The table below shows the complaint record for m.Stock, which can serve as an indicator of service quality and grievance resolution effectiveness.
m.Stock — Complaints Data
| Metric | m.Stock |
|---|---|
| Total Complaints Lodged | 113 |
| Total Complaints Resolved | 101 |
| % of Resolved Complaints | 89.38% |
| Non-Actionable Complaints | 6 |
| % of Non-Actionable Complaints | 5.31% |
m.Stock can be evaluated through its onboarding costs, platform access, pricing structure, product range, and support options. Based on the broker data available on this page, here is a summary of the likely trading experience.