Discount brokerBest for Mirae ecosystem users who want research with discount pricing

mStock

₹20 / Intraday & F&O order

★ 4.2

Our rating

Open a mStock account Calculate my brokerage

Account opening

Free (₹0)

AMC

₹0 first year, then ₹300/yr

Brokerage

₹20 / Intraday & F&O order

Delivery

₹0

Intraday

₹20 per order

DP Charges

₹12 + GST

SEBI registered broker · Reg. no. INZ000163138 — verified from the NSE/BSE member list and SEBI records.

Why 4.2 out of 5

Our score = 40% cost + 20% charge transparency + 20% support & platform + 20% our own account-opening experience.

Cost (brokerage + hidden charges) (40%)4.4
Charge transparency (20%)4.0
Support & platform (20%)4.0
Our account-opening experience (20%)4.2

Our five-point check

Account opening chargesFree - VerifiedPaperless opening via Mirae ecosystem. Source: mstock.com
AMC (annual maintenance)₹300/yr later - VerifiedFirst year waived in promotions. Verified from tariff.
Equity delivery₹0Delivery equity no brokerage.
Intraday & F&O₹20 per orderFlat fee once promo window ends.
Hidden chargesPromo lapsesZero-brokerage offers time-bound; read tariff letter. Source: mstock.com/charges

How we reviewed: Charges verified from the broker's official website as on 20 Oct 2026. SEBI registration verified from NSE/SEBI records. We do not copy reviews from other portals.

Features

mStock appMirae research accessMF & equity in one login

Pros

+Bank-grade backing with Mirae's research desk available in-app.

Cons

−Pricing promotions change often, which hurts predictability.

Charge list

Equity delivery	₹0
Equity intraday	₹20 per order
F&O	₹20 per order

Markets & segments

Equity · F&O · Mutual funds

Full review

mStock leans on Mirae research. Charges from mstock.com/charges. SEBI INZ000163138.

Verification & Data Sources:

Source: https://www.mstock.com/pricing

Last Verified: 20 Oct 2026 | Verified from mstock.com/charges. Mirae Asset backing.