Investing in the stock market has become easier than ever with digital trading platforms. To trade in shares, mutual funds, or IPOs, having a Demat account is the first requirement. Among various options available, MStock has become a popular choice for new and experienced investors due to its zero-brokerage plans and easy-to-use platform.
This guide will give you a detailed overview of MStock Demat Account, its features, benefits, charges, account opening process, and frequently asked questions.
What is MStock?
MStock is an online trading and investment platform that allows individuals to invest in various financial instruments such as stocks, mutual funds, exchange-traded funds (ETFs), futures, options, and IPOs. It is known for its zero-brokerage lifetime plan, which helps investors save on trading costs.
The platform provides a Demat and trading account, enabling seamless transactions and investments in a secure digital environment.
Key Features of MStock Demat Account
Here are the main features that make MStock stand out:
- Lifetime Zero Brokerage
Pay a one-time fee and trade without brokerage charges on delivery and intraday trades.
- Quick and Paperless Account Opening
Complete the KYC process digitally using Aadhaar and PAN.
Account activation in 5–10 minutes.
- Wide Investment Options
Equity, F&O, commodities, mutual funds, IPOs, ETFs, and bonds all under one platform.
- User-Friendly Trading Platform
Modern mobile app and web portal with advanced charts and real-time updates.
- Transparent Pricing
Clear, upfront charges with no hidden costs.
- Backed by a Trusted Brand
Supported by a strong financial services background, ensuring security and reliability.
Benefits of MStock Demat Account
Cost Savings: Trade without worrying about high brokerage fees.
Ease of Use: Simple interface for beginners and advanced features for experienced traders.
Fast Transactions: Real-time order execution and quick fund transfers.
Diverse Portfolio Options: Access to multiple investment products in one place.
Secure Platform: High-end encryption and two-factor authentication for safe trading.
MStock Demat Account Charges
Service Charges
Account Opening Fee ₹0
Annual Maintenance Charge (AMC) ₹0 (if lifetime plan is selected)
Equity Delivery Brokerage ₹0
Intraday Brokerage ₹0 (lifetime plan)
Futures & Options Brokerage ₹0 (lifetime plan)
Lifetime Zero Brokerage Fee ₹999 + GST (one-time)
Call and Trade ₹20 per executed order
Documents Required for MStock Account Opening
To open a Demat account, you will need the following:
PAN Card
Aadhaar Card linked to your mobile number
Bank account proof (cheque or passbook copy)
Digital signature (on plain white paper)
Passport-size photo (soft copy)
How to Open an MStock Demat Account
Here’s a step-by-step process to open your account digitally:
Step 1: Registration
Sign up using your mobile number and verify it with an OTP.
Step 2: Provide Personal Details
Enter your PAN, Aadhaar, and other required information.
Step 3: Upload Documents
Upload scanned copies of the required documents such as signature and bank proof.
Step 4: Choose a Plan
Select the Lifetime Zero Brokerage Plan or opt for standard brokerage charges.
Step 5: E-Sign Using Aadhaar OTP
Verify and complete your application digitally through Aadhaar e-sign.
Step 6: Account Activation
Your account will be activated within minutes, and you can start trading right away.
MStock Mobile App Features
Live market updates and real-time stock prices.
Advanced technical charts and indicators.
Personalized watchlists to track favorite stocks.
Quick buy/sell options for faster trading.
Portfolio analysis to track investments.
Secure login with two-factor authentication.
MStock vs Traditional Brokerage Firms
Parameter MStock Traditional Brokers
Brokerage Charges Zero with lifetime plan ₹20 – ₹50 per trade
Account Opening Fee ₹0 ₹200 – ₹500
Account Activation Time 5 – 10 minutes 2 – 5 days
Trading Platform Advanced app & web portal Basic tools
Transparency in Pricing High Varies
Who Should Open an MStock Account?
Beginners starting their investment journey.
Frequent traders who place multiple trades daily.
Long-term investors looking to save on delivery charges.
Cost-conscious traders who want to reduce brokerage fees.
Safety Measures in MStock
MStock ensures secure and safe transactions through:
Two-factor authentication for every login and transaction.
Strong encryption to protect user data and financial details.
Compliance with SEBI and stock exchange regulations.
20 Frequently Asked Questions (FAQs) About MStock
Q1. What is a Demat account?
A Demat account is used to store shares and securities digitally instead of holding physical certificates.
Q2. Does MStock charge for opening a Demat account?
No, account opening is completely free.
Q3. What is the lifetime zero brokerage plan?
It is a one-time payment plan where you pay a fixed fee and enjoy zero brokerage forever.
Q4. How much is the lifetime plan fee?
The one-time fee is ₹999 plus GST.
Q5. Are there any hidden charges?
No, MStock follows a transparent pricing model with no hidden charges.
Q6. Can I trade in F&O with MStock?
Yes, you can trade in futures and options with zero brokerage under the lifetime plan.
Q7. How long does it take to open an account?
The account opening process takes around 5–10 minutes if documents are ready.
Q8. Can I invest in IPOs through MStock?
Yes, IPO applications can be made directly through the MStock platform.
Q9. Does MStock allow mutual fund investments?
Yes, you can invest in direct mutual funds with zero commission.
Q10. What documents are required for opening an account?
PAN, Aadhaar, bank account proof, signature, and a photo are required.
Q11. Is there an annual maintenance charge (AMC)?
No AMC is charged under the lifetime free plan.
Q12. Can I transfer shares from another broker to MStock?
Yes, shares can be transferred using CDSL’s transfer facility.
Q13. Does MStock provide margin trading?
Yes, margin trading is available based on eligibility.
Q14. Is MStock safe and reliable?
Yes, it follows SEBI regulations and uses secure technology for safe trading.
Q15. Can NRIs open a Demat account with MStock?
Currently, it is primarily available for Indian residents.
Q16. Does MStock support commodity trading?
Yes, commodity trading is supported on the platform.
Q17. What are the trading hours?
Trading hours are usually from 9:15 AM to 3:30 PM on market days.
Q18. Can I withdraw money instantly from MStock?
Withdrawals are generally processed on the same day.
Q19. Does MStock have a referral program?
Yes, referral benefits are provided for introducing new users.
Q20. How can I contact customer support?
Customer support is available through email, chat, and phone services.
Conclusion
The MStock Demat Account is a smart choice for both beginners and experienced traders due to its zero brokerage lifetime plan, user-friendly interface, and fast digital account opening process. It provides access to a wide range of investment options, making it an all-in-one solution for anyone looking to grow their wealth through the stock market.
If you want a cost-effective and reliable platform for trading and investing, opening an MStock account is an excellent decision.
