Business
License
M Stock offers a variety of brokerage account types tailored to meet different investor needs. The primary account types include:
Zero Brokerage Account: This account allows investors to trade without paying any brokerage fees for life. A one-time payment of ₹999 is required to open this account, which covers all trading activities, including equity delivery, intraday, futures & options, mutual funds, and IPOs.
Free Delivery Plan: This account has no brokerage fees for delivery trades but charges ₹20 per executed order for equity intraday and futures & options trades. The account opening is free, making it accessible for new investors.
Demat Account: This account is essential for storing securities electronically. M Stock offers a free demat account with zero annual maintenance charges.
Opening an account with M Stock is a straightforward and paperless process. Here are the steps to follow:
Visit the M Stock Website: Go to www.mstock.com and enter your mobile number for communication.
Mobile Number Verification: A one-time password (OTP) will be sent to your mobile number. Enter this OTP to verify your number.
Complete E-KYC and Upload Documents: Provide personal details such as your full name, residential address, PAN, Aadhaar number, and date of birth for KYC compliance.
Link Bank Account: Link at least one bank account to facilitate quick fund transfers between your trading account and bank account.
Make Online Payment: After entering all required information, proceed to make the ₹999 payment for the Zero Brokerage Account or select the Free Delivery Plan.
Confirmation Email: After successful verification, you will receive an email confirmation with your login credentials within 24 hours.
By following these steps, you can successfully open your trading account with M Stock and start trading in the stock market.
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