INDmoney Vs mStock
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs mStock - Broker Details
| INDmoney | mStock | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2022 |
| Exchanges | NSE, BSE and MCX | NSE, BSE and MCX |
| Branches | 966 | N/A |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹0 |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs mStock - Account Opening & AMC Charges
| INDmoney | mStock | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account Opening Charge | ₹0 (Free) | ₹149 or ₹999 |
| Demat Account AMC | ₹0 (Free) | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) |
| Trading Account AMC | ₹0 (Free) | ₹149 or ₹999 + ₹999 (One time AMC) |
INDmoney Vs mStock - Brokerage charges & Plans
| INDmoney | mStock | |
|---|---|---|
| Commodity Futures | N/A | ₹0 |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹0 |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹0 |
| Commodity Options | N/A | ₹0 |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹0 |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹0 |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹0 |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹0 |
INDmoney Vs mStock - Other Charges
| INDmoney | mStock | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
INDmoney Vs mStock - Transaction Charges
| INDmoney | mStock | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE: Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE: 0.0019% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | BSE: 0.00375% | NSE: 0.00325% |
| Equity Options | NSE: 0.053% on premium value | NSE: 0.050% |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE: Exchange txn charge: 0.0009% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | BSE: 0.00375% | NSE: 0.00325% |
INDmoney Vs mStock - Margin (Exposure)
| INDmoney | mStock | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs mStock - Features
| INDmoney | mStock | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs mStock - Review & Rating
| INDmoney | mStock | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
INDmoney Vs mStock - Request a call back from Broker
| INDmoney | mStock | |
|---|---|---|
INDmoney Vs mStock - Investment Options
| INDmoney | mStock | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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INDmoney Vs mStock - Order Type
| INDmoney | mStock | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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INDmoney Vs mStock - Research & Report
| INDmoney | mStock | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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INDmoney Vs mStock - Daily Market Report
| INDmoney | mStock | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs mStock - Suitable For Investor
| INDmoney | mStock | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs mStock - Pros & Cons
| INDmoney | mStock | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 1.It charges 0 brokerage. 2.Real-time market data and analysis tools. 3.It provides education facility to its customers. 4.It avails its customers with refer and earn program. 5.The customers can apply for an IPO directly from the mstock Account. 6. Market and historical data available. |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 1.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3.Compared to other discount brokers exchange transaction charges are also very high. 4.Higher minimum deposit requirements. 5.The call and trade are present at an additional fee. |
INDmoney Vs mStock - Background
| INDmoney | mStock | |
|---|---|---|
INDmoney Vs mStock - Compare All Brokers
| INDmoney | mStock | |
|---|---|---|
INDmoney Vs mStock - STT/CTT
| INDmoney | mStock | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs mStock - Demat transaction charges
| INDmoney | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹12 + Gst per scrip only on sell |
INDmoney Vs mStock - GST
| INDmoney | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
INDmoney Vs mStock - SEBI Charges
| INDmoney | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / crore |
INDmoney Vs mStock - Account Opening & AMC Charges
INDmoney
mStock
Trading Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account Opening Charge
₹0 (Free)
₹149 or ₹999
Demat Account AMC
₹0 (Free)
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
Trading Account AMC
₹0 (Free)
₹149 or ₹999 + ₹999 (One time AMC)
INDmoney Vs mStock
| INDmoney | mStock | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
mStock Review 2024mStock .. |
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mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs mStock - Brokerage charges & Plans
| INDmoney | mStock | |
|---|---|---|
| Commodity Futures | N/A | ₹0 |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹0 |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹0 |
| Commodity Options | N/A | ₹0 |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹0 |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹0 |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹0 |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹0 |
| Call Back Open Account |
INDmoney Vs mStock - Margin (Exposure)
| INDmoney | mStock | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
INDmoney Vs mStock - Other Charges
| INDmoney | mStock | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹0 (Free) |
INDmoney Vs mStock - STT/CTT
| INDmoney | mStock | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs mStock - Demat transaction charges
| INDmoney | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹12 + Gst per scrip only on sell |
INDmoney Vs mStock - GST
| INDmoney | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
INDmoney Vs mStock - SEBI Charges
| INDmoney | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10 / crore |
INDmoney Vs mStock - Features
| INDmoney | mStock | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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