Open m.Stock Account (m.Stock Account Opening Process, Documents and Charges)

m.Stock from Mirae Asset Capital Markets offers a seamless and cost-effective account opening process that makes it easy for investors to start. The platform offers a comprehensive range of trading options, including stocks, Futures, Options, IPOs, Mutual Funds and Pay Later (MTF). Launched in April 2022, m.Stock is an online stock trading platform offering customers a user-friendly experience.

m.Stock offers a FREE Demat account.

• Zero Brokerage on Equity Delivery, Mutual Funds, IPOs & ETF.
• Rs 5 Brokerage on Equity Intraday, Futures, Options, MTF & Currency.

m.Stock Key features

• It offers various services like Stocks, Futures & Options, IPO, Mutual Funds, and Margin Funding.
• Trusted by 17 lakh+ mStock customers.
• Offers price alerts feature. Users can place 1-click orders from Watchlist PRO.
• Offers Refer & Earn reward of Rs 149 on every successful referral.
• Make one-time investments or SIP investments in direct mutual funds at zero commission charges.
• Access advanced charts and indicators on m.Stock trading platform.
• Monitor your investments and get detailed reports such as profit and loss statements, tax P&L, MTF ledger, and much more on m.Stock trading app and web.
• Make smart investment decisions with SIP, Pay Later (MTF), brokerage calculator, and other investment calculators.
• Get funding up to 80% through Pay Later (MTF) starting from 6.99% p.a. with unlimited holding period
• Pledge shares facility with unlimited holding period, and low interest rate of 0.027% per day in case of margin shortfall.
• Get funding for over 700 stocks with Pay Later (MTF).

Products Offered by m.Stock

• Trading in Equity Intraday, Equity Delivery, Futures & Options, IPO, ETFs, Currency
• Mutual Funds
• Margin Funding
• FREE Demat Account

m.Stock Account Opening

Opening an account with m.Stock is simple and 100% paperless. There are no fees for opening an m.Stock demat account. You can open a demat account online using your laptop or smartphone, but you must have some important documents ready. Opening a paperless account takes about five minutes.

1. Download and install the m.Stock Trading App.
2. Open & click on create a new account.
3. Enter Your mobile number and verify through OTP.
4. Enter Your Email ID and verify through OTP.
5. Enter Your Personal Details. (PAN, DOB)
6. You will get a pop-up of your details by clicking on “Continue”.
7. Take a selfie and upload it to verify yourself in person.
8. Click on “sign”, Digital or manual.
9. Add your bank details & enter your details.
10. Select Income & Click on Save.
11. Add Nominee, It's Optional.
12. F&O option activation “It’s Optional”.
13. If your KRA verification is not done, you can do it through Digilocker or manually by updating your address and PAN details.
14. Complete your IPV process.
15. If you are a KRA verified, you will get a pop of eSign.
16. After eSign, you will be redirected to the NSDL page for verification.
17. Verify your Aadhaar and your account is created.

Note: The m.Stock team will check the account opening documents and details and then send you the login ID and password to your registered email account.

m.Stock Account Opening Documents

• PAN details
• Aadhaar Card
• Bank Account Details
• Make sure you have a camera on your mobile phone
• Nominee Details (optional during account opening)

Income Proof - It is required if you wish to trade in Futures & Options: Any one of the following documents is required

1. Form-16
2. Latest 6-month Bank statement
3. Latest salary slips
4. Net worth certificate from a CA
5. Income Tax Return Acknowledgment

m.Stock Account Login

Steps to login m.Stock account:

1. Download the m.Stock app or use the web platform.
2. Click on Login.
3. Enter the mobile number or Client code.
4. Enter the password.
5. You are logged in and can use the m.Stock account.

Note: The password is communicated by the m.Stock team when the account is opened. You can change your password by clicking on Forgot password.