📅 Last Verified: October 2026⚡ Status: Active Offer
Current Referral Reward & Benefits
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48-hour rapid ledger credit for eligible accounts
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Lifetime zero brokerage on delivery, intraday, and F&O
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Backed by Mirae Asset Global financial group
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No hidden charges on investments
Company Overview & Market Standing
m.Stock is the retail broking brand of Mirae Asset Capital Markets (India) Pvt Ltd (SEBI Reg: INZ000163138, CDSL DP: 12085300), a subsidiary of the multi-billion-dollar global asset manager Mirae Asset Financial Group. Launched in 2022, it pioneered the lifetime flat ₹0 brokerage model.
m.Stock Demat Charges & Brokerage Table
Segment / Fee
Charges & Rates
Account Opening Fee
₹999 one-time for Lifetime ₹0 Brokerage (or ₹0 standard plan with ₹20/trade)
Annual Maintenance Charge (AMC)
₹999 one-time for Lifetime ₹0 AMC (or ₹120 billed quarterly under standard plan)
Equity Delivery Brokerage
₹0 (Zero Brokerage for Life under ₹999 plan)
Equity Intraday Brokerage
₹0 (Zero Brokerage for Life under ₹999 plan)
Futures & Options (F&O)
₹0 (Zero Brokerage for Life on Futures & Options under ₹999 plan)
DP Charges (per debit)
₹12.50 + GST per debit transaction
* Statutory government levies including STT, Stamp Duty, GST (18%), and Exchange Transaction Charges apply as mandated by SEBI.
Trading Features & Platform Capabilities
True Zero Brokerage: Zero brokerage across Delivery, Intraday, F&O, Currency, and Mutual Funds
eMargin MTF: Margin Trading Facility starting at low interest rates with up to 80% funding
Advanced Option Chain with 1-click basket orders and multi-leg order execution
Direct mutual funds, IPO applications, and sovereign gold bonds in one app
IPO Availability: Instant UPI-based IPO application with paperless mandate verification.
Mobile Application: m.Stock Trading App (iOS & Android) — rated 4.2★ with fast order placement and voice search.
Pros & Cons of m.Stock
✓ Advantages & Pros
Genuinely ₹0 brokerage for life on all trading segments including F&O under ₹999 plan
Backed by Mirae Asset, one of Asia’s largest global asset management firms
Fast 48-hour referral reward crediting into your trading ledger
Industry-low DP charge of ₹12.50 + GST
✕ Drawbacks & Cons
Upfront onboarding fee of ₹999 + ₹999 required to unlock lifetime zero brokerage and zero AMC
Mobile app interface occasionally experiences UI glitches during major market opening volatility
Monthly invitation ceiling (max ₹1,510/month) applies to referrers
Who Should Choose m.Stock?
Heavy intraday, scalping, and high-frequency F&O traders who spend thousands in brokerage each month and can save substantial fees with a one-time ₹999 fee.
Eligibility Criteria
Resident Indian aged 18+ with PAN and mobile-linked Aadhaar.
Valid bank account in applicant name.
New customer not previously registered with Mirae Asset Capital Markets.
How To Claim the Offer
1
Click [REFER NOW] to open the m.Stock referral portal.
2
Register with mobile number and verify via OTP.
3
Enter PAN and verify address with DigiLocker.
4
Choose your brokerage plan and complete Aadhaar e-Sign.
5
Receive trading account login and referral payout credit.
Note: Rewards and eligibility are determined by m.Stock upon successful verification. DematRefer does not guarantee reward payouts.
Terms & Conditions
Earn ₹151 per successful referral who subscribes to the ₹999 Zero Brokerage plan.
Payout is credited directly to your trading account ledger within 48 hours of activation.
Referee must use your unique referral link during registration.
Maximum ₹1,510 per calendar month per referrer as per current policy.
Official Website & Terms
Review official offer details and verified terms directly on the provider's portal:
m.Stock offers ₹151 directly credited to your trading ledger within 48 hours when your referee signs up for the ₹999 lifetime zero brokerage plan.
Yes, users who pay the one-time ₹999 account opening fee enjoy ₹0 brokerage across delivery, intraday, and F&O segments perpetually.
Referral Disclosure: Some links on DematRefer may be referral or affiliate links. We may receive a commission when eligible users complete qualifying actions through these links at no extra cost to you. Read our full Affiliate Disclosure.
Risk Disclosure: Securities investments carry market risk. Read all scheme-related documents carefully before opening an account or investing.
