Zerodha Vs mStock
Zerodha
Zerodha 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
Zerodha Vs mStock - Broker Details
| Zerodha | mStock | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2022 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 120+ | N/A |
| Brokerage | ₹20/ Order or 0.03% | ₹0 |
| Broker Type | Discount Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Account Opening & AMC Charges
| Zerodha | mStock | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹149 or ₹999 |
| Demat Account Opening Charge | ₹200 | ₹149 or ₹999 |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹149 or ₹999 ₹149 or ₹999 + ₹999 (One time AMC) |
| Trading Account AMC | ₹0 (Free) | ₹149 or ₹999 + ₹999 (One time AMC) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Brokerage charges & Plans
| Zerodha | mStock | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 |
| Equity Delivery | Zero Brokerage | ₹0 |
| Equity Options | ₹20/ Order | ₹0 |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹0 |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹0 |
| Fixed Charges | ₹20/Order | ₹0 |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹0 |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Transaction Charges
| Zerodha | mStock | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | NSE: Exchange txn charge: 0.035% |
| Equity Futures | NSE: 0.002% | NSE: 0.0019% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | BSE: 0.00375% | NSE: 0.00325% |
| Equity Options | NSE: 0.053% (on premium) | NSE: 0.050% |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | NSE: Exchange txn charge: 0.0009% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | BSE: 0.00375% | NSE: 0.00325% |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Margin (Exposure)
| Zerodha | mStock | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Features
| Zerodha | mStock | |
|---|---|---|
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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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Review & Rating
| Zerodha | mStock | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Request a call back from Broker
| Zerodha | mStock | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Investment Options
| Zerodha | 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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| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Order Type
| Zerodha | 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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| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Research & Report
| Zerodha | 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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| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Suitable For Investor
| Zerodha | mStock | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Pros & Cons
| Zerodha | mStock | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 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. |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Background
| Zerodha | mStock | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Compare All Brokers
| Zerodha | mStock | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - STT/CTT
| Zerodha | mStock | |
|---|---|---|
| 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 buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Demat transaction charges
| Zerodha | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹12 + Gst per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - GST
| Zerodha | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - SEBI Charges
| Zerodha | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10 / crore |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - extractvalue(1,concat(char(126),md5(1525732647)))
| Zerodha | mStock | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - convert(int,sys.fn_sqlvarbasetostr(HashBytes('MD5','1883809043')))
| Zerodha | mStock | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Account Opening & AMC Charges
Zerodha Vs mStock
| Zerodha | mStock | |
|---|---|---|
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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
Zerodha Vs mStock - Brokerage charges & Plans
| Zerodha | mStock | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 |
| Equity Delivery | Zero Brokerage | ₹0 |
| Equity Options | ₹20/ Order | ₹0 |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹0 |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹0 |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹0 |
| Fixed Charges | ₹20/Order | ₹0 |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹0 |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - Margin (Exposure)
| Zerodha | mStock | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs mStock - STT/CTT
| Zerodha | mStock | |
|---|---|---|
| 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 buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.0125% on sell side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Zerodha Vs mStock - Demat transaction charges
| Zerodha | mStock | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹12 + Gst per scrip only on sell |
| Call Back Open Account |
Zerodha Vs mStock - GST
| Zerodha | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
Zerodha Vs mStock - SEBI Charges
| Zerodha | mStock | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10 / crore |
| Call Back Open Account |
Zerodha Vs mStock - Features
| Zerodha | mStock | |
|---|---|---|
|
|
|
|
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Mstock Mobile App, 2. Mstock Web Portal |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
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| Call Back Open Account | Call Back Open Account |