m.Stock - Safe, Reliable & Trustworthy Broker

Mirae Asset Capital Markets (India) Private Limited offers online retail stock broking services under the brand m.Stock. Mirae Asset Capital Markets is a global financial firm with over 26 years of experience. The company serves customers across 12 geographies and manages assets with more than 632 billion AUM (as of September 2024). The company brings credibility and financial stability to m.Stock's operations and make it a secure choice for investors.

m.Stock by Mirae Asset Capital Markets offers a versatile trading platform for stocks, futures, options, IPOs, and currencies. In addition to trading, the company offers various financial products and services, including mutual funds, margin trading, and market updates.

m.Stock is an SEBI-registered broker with more than 17 lakh active clients. It has been offering discount brokerage services since 2022. The company is a member of major stock exchanges like BSE, NSE, and MCX and a CDSL depository Participant (DP).

mStock Key Facts

• Offers Pay Later (MTF) - Margin trading is available at the lowest 6.99% p.a., which is the lowest among all brokers.
• Free Equity Delivery Trading.
• A stable platform for investment. The company manages 1.2 crores trades a day.
• Executes more than 90,000 orders per second.
• Commission-free and brokerage-free investment in mutual funds.
• Facilitates trading across platforms with its mobile and web
• New-age stock trading platform based on extensive research.
• Offers voice assistant Mira
• No hidden fees. Competitive pricing across all platforms, thereby saving investors' money.
• More than 9 crore trades have been executed through the mobile trading app
• Stock Platform is well-equipped to handle customers' queries quickly and efficiently.

Why m.Stock is safer than other brokers?

m.Stock is safe, as it is backed by Mirae Asset Capital Market. m.Stock strives to blend convenience with practicality by offering a Delivery Free Demat account and advanced tools, as well as Simplify wealth management through an intuitive dashboard on the share market app.

• Free Delivery & Simple Pricing

  m.Stock offers zero brokerage to all its customers on Delivery, ETF, Mutual Funds & IPO and a Low brokerage fee of Rs 5 on Intraday & F&O. This simplicity reduces the financial risks often associated with complex pricing structures and hidden fees.

• Customer First Approach

  At m.Stock, the success of their customers comes first, because their performance directly reflects the success of the company. m.Stock believes in making decisions bearing in mind customer needs and convenience.

• Technology Focused Company

  m.Stock is a good trading platform, providing users with secure and advanced mobile and web trading platforms. The integration of tools like voice assistant Mira ensures ease of use, while its transparent fee structure ensures no hidden charges.

• Secure and Extensive Trading Infrastructure

  With over 9 crore trades executed through its app, m.Stock has a proven infrastructure capable of handling high transaction volumes securely, further proving its reliability.

• No advisory Services

  By not offering advisory services, m.Stock focuses purely on enabling trading, without influencing client decisions. This lowers the risk of biased investment advice that may not always be in the client's best interest.

• Backed by a strong and experienced financial firm:

  Mirae Asset Capital Markets (India) Private Limited (MACM) offers online stockbroking services to retail clients under the m.Stock brand. The company has more than 26 years of experience in the global market. As a listed company, its operations are regularly monitored by various regulatory bodies to ensure transparency in business practices. The company is committed to maintaining high standards of corporate governance, quality management, and fair business practices.

• Dedicated Customer Support

  m.Stock offers dedicated customer support to resolve investors' queries quickly and efficiently.

m.Stock Disadvantages

• Margin Funding

  m.Stock app offers margin funding to its customers. Margin funding is considered risky business for stockbrokers where a broker lends the money to traders for the short term.

• High Complaints

  As per the complaints received by the stock exchange against the brokers, m.Stock ratio is higher in comparison to a few other brokers.

• Financial not available

  Unlike some other brokers, m.Stock is a private company, which means that its financial data is not publicly available and cannot be analysed. Unlike listed companies, m.Stock is also not subject to the same level of scrutiny from regulators, shareholders, and investors.

• Learning curve

  The app 's advanced trading tools can be difficult for beginners to learn.

• No research reports

  The app doesn't offer research reports, analysis, trading advice, or recommendations on stocks.

m.Stock Memberships

m.Stock is SEBI registered broker and a member of NSE, BSE, and MCX. m.Stock is also a DP (Depository Participant) with CDSL, one of the two Central Depositories in India that manages demat accounts.

m.Stock,s various membership details are as follows:

• SEBI Registration

  m.Stock is registered with SEBI (INZ000163138), ensuring that it complies with the strict regulations of India's stock market.

• Membership with Leading Stock Exchanges

  It is a member of major exchanges like NSE, BSE, and MCX, providing further legitimacy to its operations.

• Depository Participant (DP) with CDSL

  As a DP with CDSL (12092900), m.Stock facilitates secure and compliant Demat account services.

Conclusion

m.Stock is safe, reliable and trustworthy stockbroker in India. With all the necessary certifications and memberships, the company operates as a genuine stockbroker and ensures that your investments are in good hands.

Clients can rest assured that m.Stock offers a fair trading experience and their money is safe, just like with any other leading stockbroker.

In addition, m.Stock offers advanced and secure trading platforms both via the m.Stock web Platform and m.Stock mobile apps that enhance the overall trading experience.