ProStocksUpstoxPaytmFyers5PaisaTradeSmartAlice Bluem.StockINDmoneyMonarch NetworthShare.Market (PhonePe)Indiabulls SecuritiesFirstock
About Share.Market
Share.Market, launched for the public in August 2023, is a stock market platform of PhonePe. This platform allows users to explore, invest, and trade in various financial instruments, including stocks, ETFs, Futures & Options (F&O), and WealthBaskets.
PhonePe, a popular digital payment platform, has launched a new app called Share.Market for share trading. The app is offered by PhonePe Wealth Broking Private Limited, a wholly-owned subsidiary of PhonePe Pvt Ltd. The company is an accredi... 
About m.Stock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds.
m.Stocks offer Rs 0 account opening fee, Free Delivery Plan across Mutual Funds, ETF, IPO, and brokerage of Rs 5 applicable on Equity Intraday, Futures, Options, and Brokerage on Buy Back/OFS/Tender Offer/Delisting segments as per executed ...
Incorporated in 2023, Share.Market is a Discount Broker. It offers trading at BSE, NSE. It has 0 branches across India. Incorporated in 2022, m.Stock is a Discount. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Share.Market | m.Stock | |
|---|---|---|
| Type of Broker | Discount Broker | Discount |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX |
| Year of Incorporation | 2023 | 2022 |
| Number of Branches | 0 | 0 |
| Open Share.Market Account | Open m.Stock Account |
Share.Market trading account opening charges is Rs 0 (free) while m.Stock account opening changes is Rs 0. Share.Market Demat Account AMC Charges is Rs 180 (free for 1st year) and m.Stock Demat Account AMC Charges is Rs 219 per quarter (Quarterly operating charges).
| Share.Market | m.Stock | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (free) | Rs 0 |
| Demat Account AMC Charges | Rs 180 (free for 1st year) | Rs 219 per quarter (Quarterly operating charges) |
Share.Market brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free) whereas m.Stock brokerage charges for equity is Rs 0 (Free) and intraday is Rs 5 per executed orders.
| Account Type | Share.Market ZERO brokerage till 31st Mar 2025 | m.Stock |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 0 (Free) | Rs 0 (Free) |
| Equity Intraday | Rs 0 (Free) | Rs 5 per executed orders |
| Equity Futures | Rs 0 (Free) | Rs 5 per executed orders |
| Equity Options | Rs 0 (Free) | Rs 5 per executed orders |
| Currency Futures | Rs 5 | |
| Currency Options | Rs 5 | |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Special Offer | Special Offer: Enjoy zero brokerage on trades across all segments - F&O and equity. No fees, no conditions, just uninterrupted trading. Offer valid until 31st March 2025. Get the offer | Special Offer: Experience ZERO Brokerage on Delivery and IPO trades with m.Stock. Enjoy Rs 5 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with m.Stock and start trading today. |
| Share.Market | m.Stock | |
|---|---|---|
| Account Type | Default Plan | |
| Fixed Charges | ||
| Equity Delivery | Rs 20 per executed order or 0.05% whichever is low | Rs 0 (Free) |
| Equity Intraday | Rs 20 per executed order or 0.05% whichever is low | Rs 5 per executed orders |
| Equity Futures | Rs 20 per executed order | Rs 5 per executed orders |
| Equity Options | Rs 20 per executed order | Rs 5 per executed orders |
| Currency Futures | Rs 5 | |
| Currency Options | Rs 5 | |
| Commodity Futures | NA | |
| Commodity Options | NA | |
| Open Share.Market Account | Open m.Stock Account |
| Minimum Brokerage | ||
| Other Charges | Rs 5/order - MTF | |
| Call & Trade Charges | Rs 0 (Free) | |
| Open Share.Market Account | Open m.Stock Account |
Share.Market margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the m.Stock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Share.Market | m.Stock | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Share.Market Account | Open m.Stock Account |
The trading platforms offered Share.Market include Share.Market website and mobile app. m.Stock offers Mobile App & Web Platform trading software.
| Share.Market | m.Stock | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | | |
| Margin Trading Funding | |  |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Share.Market website and mobile app | Mobile App & Web Platform |
| Intraday Square-off Time | 3:10 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Buyback Trading | |
| Open Share.Market Account | Open m.Stock Account |
Share.Market is rated of 5 based on 2 customer reviews whereas m.Stock is rated of 5 based on 2 customer reviews.
| Share.Market | m.Stock | |
|---|---|---|
2 Customer Reviews  | 2 Customer Reviews | |
| Fees |  |  |
| Brokerage |  | |
| Trading Platform | |  |
| Customer Service |  |  |
| Research Capabilities | | |
| Overall Rating | | |
| Broker Rating | Share.Market is Rated 4.0 / 5 based on 2 customer reviews | m.Stock is Rated 3.0 / 5 based on 2 customer reviews |
| Share.Market | m.Stock | |
|---|---|---|
| Contact Broker | Enjoy zero brokerage on trades across all segments - F&O and equity. No fees, no conditions, just uninterrupted trading. Offer valid until 31st March 2025. Get the offer | Experience ZERO Brokerage on Delivery and IPO trades with m.Stock. Enjoy Rs 5 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with m.Stock and start trading today. |
| Share.Market | m.Stock | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Share.Market | m.Stock | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Share.Market Account | Open m.Stock Account |
| Share.Market | m.Stock | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Share.Market | m.Stock | |
|---|---|---|
| Pros |
| |
| Cons |
| |
| Reviews | ||
| Promo / Offers | Share.Market Special OfferZero brokerage on trades across all segments
Offer valid until 31st March 2025. Open Instant Account online and start trading today. | m.Stock Special OfferUnlimited Trades @ ZERO Brokerage on Delivery trades
This is a limited time offer. Open Free Demat Account online and start trading today. |
| Open Share.Market Account | Open m.Stock Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Share.Market Account
