mStock Vs Finwave
mStock
mStock Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
mStock Vs Finwave - Broker Details
| mStock | Finwave | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2022 | 2014 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | 25 |
| Brokerage | ₹0 | ₹20 per order |
| Broker Type | Discount Broker | Full Service Broker |
mStock Vs Finwave - Account Opening & AMC Charges
| mStock | Finwave | |
|---|---|---|
| Trading Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
| Demat Account Opening Charge | ₹149 or ₹999 | ₹0 (Free) |
| Demat Account AMC | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) | 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly |
| Trading Account AMC | ₹149 or ₹999 + ₹999 (One time AMC) | 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly |
mStock Vs Finwave - Brokerage charges & Plans
| mStock | Finwave | |
|---|---|---|
| Commodity Futures | ₹0 | ₹20 per order |
| Currency Futures | ₹0 | ₹20 per order |
| Equity Delivery | ₹0 | ₹20 per order |
| Equity Options | ₹0 | ₹20 per order |
| Commodity Options | ₹0 | ₹20 per order |
| Equity Futures | ₹0 | ₹20 per order |
| Currency Options | ₹0 | ₹20 per order |
| Fixed Charges | ₹0 | ₹20 per order |
| Equity Intraday | ₹0 | ₹20 per order |
mStock Vs Finwave - Other Charges
| mStock | Finwave | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹0 (Free) | ₹20 per order |
| Minimum Brokerage | ₹0 (Free) | ₹20 per order |
mStock Vs Finwave - Transaction Charges
| mStock | Finwave | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: 0.001% | NSE: 0.035% |
| Equity Futures | NSE: 0.0019% | NSE: 0.002% |
| Equity Intraday | BSE: 0.00375% | NSE: 0.00325% | BSE: 0.00345% | NSE: 0.00345% |
| Equity Options | NSE: 0.050% | NSE: 0.053% |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | 0.0026% |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | NSE: 0.0009% | BSE: 0.00022% |
| Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | BSE: 0.00345% | NSE: 0.00345% |
mStock Vs Finwave - Margin (Exposure)
| mStock | Finwave | |
|---|---|---|
| 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 (100% of trade value) | 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)) |
mStock Vs Finwave - Features
| mStock | Finwave | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Mstock Mobile App, 2. Mstock Web Portal | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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mStock Vs Finwave - Review & Rating
| mStock | Finwave | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
mStock Vs Finwave - Request a call back from Broker
| mStock | Finwave | |
|---|---|---|
mStock Vs Finwave - Investment Options
| mStock | Finwave | |
|---|---|---|
| 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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mStock Vs Finwave - Order Type
| mStock | Finwave | |
|---|---|---|
| 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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mStock Vs Finwave - Research & Report
| mStock | Finwave | |
|---|---|---|
| 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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mStock Vs Finwave - Daily Market Report
| mStock | Finwave | |
|---|---|---|
| Daily Market Reports & News |
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mStock Vs Finwave - Suitable For Investor
| mStock | Finwave | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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mStock Vs Finwave - Pros & Cons
| mStock | Finwave | |
|---|---|---|
| Pros | 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. | 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. |
| Cons | 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. | 1. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. |
mStock Vs Finwave - Background
| mStock | Finwave | |
|---|---|---|
mStock Vs Finwave - Compare All Brokers
| mStock | Finwave | |
|---|---|---|
mStock Vs Finwave - STT/CTT
| mStock | Finwave | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
mStock Vs Finwave - Demat transaction charges
| mStock | Finwave | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | ₹18.5 + GST per scrip |
mStock Vs Finwave - GST
| mStock | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
mStock Vs Finwave - SEBI Charges
| mStock | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/Crore |
mStock Vs Finwave - Account Opening & AMC Charges
mStock
Finwave
Trading Account Opening Charge
₹149 or ₹999
₹0 (Free)
Demat Account Opening Charge
₹149 or ₹999
₹0 (Free)
Demat Account AMC
₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC)
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
Trading Account AMC
₹149 or ₹999 + ₹999 (One time AMC)
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
mStock Vs Finwave
| mStock | Finwave | |
|---|---|---|
mStock Review 2024mStock .. |
Finwave Account Opening Process and Charges Details |
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Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
mStock Vs Finwave - Brokerage charges & Plans
| mStock | Finwave | |
|---|---|---|
| Commodity Futures | ₹0 | ₹20 per order |
| Currency Futures | ₹0 | ₹20 per order |
| Equity Delivery | ₹0 | ₹20 per order |
| Equity Options | ₹0 | ₹20 per order |
| Commodity Options | ₹0 | ₹20 per order |
| Equity Futures | ₹0 | ₹20 per order |
| Currency Options | ₹0 | ₹20 per order |
| Fixed Charges | ₹0 | ₹20 per order |
| Equity Intraday | ₹0 | ₹20 per order |
| Call Back Open Account |
mStock Vs Finwave - Margin (Exposure)
| mStock | Finwave | |
|---|---|---|
| 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 (100% of trade value) | 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)) |
| Call Back Open Account |
mStock Vs Finwave - Other Charges
| mStock | Finwave | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹0 (Free) | ₹20 per order |
| Minimum Brokerage | ₹0 (Free) | ₹20 per order |
mStock Vs Finwave - STT/CTT
| mStock | Finwave | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the sell side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on buy & sell |
| Equity Futures | 0.0125% on sell side | 0.01% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
mStock Vs Finwave - Demat transaction charges
| mStock | Finwave | |
|---|---|---|
| Equity Demat Transaction Charges | ₹12 + Gst per scrip only on sell | ₹18.5 + GST per scrip |
mStock Vs Finwave - GST
| mStock | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (brokerage + transaction charges + SEBI charges) | 18% on (Brokerage + Transaction Charge) |
mStock Vs Finwave - SEBI Charges
| mStock | Finwave | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10 / crore | ₹10/Crore |
mStock Vs Finwave - Features
| mStock | Finwave | |
|---|---|---|
| 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 & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Mstock Mobile App, 2. Mstock Web Portal | 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
|
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| Call Back Open Account |