M Stock Account Type

M Stock offers several types of brokerage accounts tailored to meet the diverse needs of investors. The primary account types include:

• Zero Brokerage Account: This account allows unlimited trading across various asset classes, including equity delivery, intraday trading, futures & options (F&O), mutual funds, and IPOs without any brokerage fees. It requires a one-time payment of ₹999 for lifetime access.

• Free Delivery Account: This account provides zero brokerage on equity delivery trades, while a flat fee of ₹20 applies to intraday, futures, and options trades. There are no annual maintenance charges (AMC) associated with this account.

• Margin Account: This account allows investors to borrow funds from the broker to trade larger positions, enhancing potential returns but also increasing risk. M Stock provides margin trading facilities with competitive leverage options.

• Demat Account: Essential for holding securities in electronic form, this account facilitates easy buying and selling of stocks, mutual funds, and bonds. M Stocks demat account is integrated with its trading platform for seamless transactions.

M Stock Broker Account Opening Process

Opening an account with M Stock is a straightforward, paperless process that can be completed in under 5 minutes. Here is a step-by-step guide:

• Visit the M Stock Website: Go to the official M Stock website or download the mobile app.

• Click on ‘Open an Account’: Locate and click the button to begin the account opening process.

• Enter Mobile Number: Provide your mobile number for verification.

• Complete KYC Details: Fill in your personal information, including PAN number, date of birth, and address proof.

• Verify Information: Confirm the details provided, including uploading necessary documents such as ID proof, address proof, and income proof.

• Payment: Make the one-time payment for the account opening (if applicable).

• Bank Account Addition: Link your bank account for fund transfers.

• Receive Login Credentials: After successful verification, you will receive your login ID and password via email, allowing you to start trading immediately.

By following these steps, investors can quickly set up their trading and demat accounts with M Stock and begin their investment journey effectively.