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m.Stock by Mirae Asset

One-Time Zero Brokeragezero brokerage

Lifetime zero brokerage across Delivery, Intraday, and F&O with one-time ₹999 plan

4.5 / 5.0(8,900 ratings)
•Active Clients: 11+ Lakhs•NSE Rank: #11
Open m.Stock Zero Brokerage
⚡ One-Time ₹999 for Lifetime Zero Brokerage + 7.99% MTF Interest Rate
Brokerage Value
4.9 / 5.0
Trading Platform
4.3 / 5.0
Customer Support
4.2 / 5.0
Server Reliability
4.5 / 5.0

m.Stock by Mirae Asset Brokerage Charges & Fees (2026)

Official tariff sheet for Equity Delivery, Intraday, Futures, Options, and Demat Maintenance.

Demat Account Opening Fee₹999 (Lifetime Zero Brokerage Plan) / ₹0 (Basic Plan)
Annual Maintenance Charges (AMC)₹999 (Lifetime Free AMC) or ₹120/quarter
Equity Delivery Brokerage₹0 (Free Forever under ₹999 Plan)
Equity Intraday Brokerage₹0 (Free Forever under ₹999 Plan)
Equity Futures₹0 (Free Forever under ₹999 Plan)
Equity Options₹0 (Free Forever under ₹999 Plan)
CDSL / NSDL DP Charges₹12.50 + GST per debit transaction
Margin Trading Facility (MTF) Interest7.99% to 9.99% p.a. (One of India's lowest MTF interest rates)
Developer API PricingNot Publicly Available
Auto-Squareoff Fee₹50 per order

Why Choose m.Stock by Mirae Asset (Pros)

  • Lifetime Zero Brokerage across Delivery, Intraday, and F&O with one-time ₹999 payment
  • Lifetime Zero AMC with optional one-time ₹999 payment—never pay recurring annual fees
  • Lowest MTF (Margin Trading Facility) interest in India starting at an astonishing 7.99% p.a.
  • Backed by global financial powerhouse Mirae Asset Financial Group
  • Low DP charges of ₹12.50 + GST per debit transaction

m.Stock by Mirae Asset Drawbacks (Cons)

  • Requires upfront investment of ₹999 + ₹999 + GST (~₹2,358) to unlock full zero brokerage & zero AMC benefits
  • App UI has occasional minor glitches during fast market opening volatility
  • No public trading API for custom bot development

The NiftyShares Verdict

m.Stock by Mirae Asset is a financial powerhouse for heavy traders. The one-time ₹999 fee pays for itself within just 10 to 15 trades, delivering unlimited lifetime zero brokerage.

Best Suited For: High-frequency traders and swing traders holding large MTF margin positions seeking 7.99% interest rates.

Dalal Street Brokerage & Tax Calculator

Simulate trades with live STT, SEBI, GST, Stamp Duty, and DP charges across top Indian stock brokers.

Net Realized P&L
+₹4756.64
Gross P&L: ₹5000.00
Total Brokerage & Taxes
₹243.36
Brokerage: ₹0.00 | Govt Taxes: ₹243.36
Breakeven Price
₹1002.43
Need +₹2.43/share to cover costs
STATUTORY CHARGES BREAKDOWNTotal Turnover: ₹2,05,000
Brokerage (Zerodha)₹0.00
STT / CTT (Securities Transaction Tax)₹205.00
Exchange Turnover Charge (NSE)₹6.09
GST (18% on Brokerage & Trans. Charges)₹1.13
SEBI Turnover Charges₹0.20
Stamp Duty₹15.00
CDSL DP Charges (Upon selling)₹15.93
Z
ZerodhaBenchmark of India

Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity

Open Zerodha Demat Account

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Frequently Asked Questions About m.Stock by Mirae Asset

Is m.Stock zero brokerage genuine?

Yes! Upon paying the one-time subscription of ₹999 (+ GST), m.Stock charges ₹0 brokerage for life on Equity Delivery, Intraday, Futures, Options, and Currency trades.

m.Stock by Mirae Asset Trader Community & Reviews

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