About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03... 
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 Intrad...
Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 2022, m.Stock is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Zerodha | m.Stock | |
|---|---|---|
| Type of Broker | Discount Broker | Discount |
| Exchnage Membership | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 2010 | 2022 |
| Number of Branches | 22 | 0 |
| Open Zerodha Account |
Zerodha trading account opening charges is Rs 0 while m.Stock account opening changes is Rs 0. Zerodha Demat Account AMC Charges is Rs 300 and m.Stock Demat Account AMC Charges is ₹0 (Free).
| Zerodha | m.Stock | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 300 | ₹0 (Free) |
Zerodha Brokerage Charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas m.Stock brokerage charges for equity is ₹10 per order and Intraday is ₹10 per order.
| Account Type | Zerodha Flat Brokerage Plan | m.Stock |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 0 (Free) | ₹10 per order |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower | ₹10 per order |
| Equity Futures | Rs 20 per executed order or .03% whichever is lower | ₹10 per order |
| Equity Options | Rs 20 per executed order | ₹10 per order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower | ₹10 per order |
| Currency Options | Rs 20 per executed order | ₹10 per order |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower | NA |
| Commodity Options | Rs 20 per executed order | NA |
| Special Offer | Special Offer: Instant Free Account Opening| Free Equity Delivery & Mutual Funds| ₹20/trade on Intraday & F&O India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Minimum Brokerage | 0.03% in Intraday and F&O | |
| Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | MTF brokerage: ₹10 per order Auto Square off charges: ₹100 per order" |
| Call & Trade Charges | Rs 50 per executed order | Rs 0 (Free) |
| Open Zerodha Account |
Zerodha 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 trading is up to 20% of the trade value (4x leverage) based on the stock.
| Zerodha | 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 Zerodha Account |
The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. m.Stock offers Mobile App & Web Platform trading software.
| Zerodha | m.Stock | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Kite Web, Kite Mobile for Android/iOS and Coin | Mobile App & Web Platform |
| Intraday Square-off Time | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Direct Mutual Funds, APIs for Algo Trading | Buyback Trading |
| Open Zerodha Account |
Zerodha is rated of 5 based on 492 customer reviews whereas m.Stock is rated of 5 based on 3 customer reviews.
| Zerodha | m.Stock | |
|---|---|---|
492 Customer Reviews  | 3 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform | |  |
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| Research Capabilities |  |  |
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| Broker Rating | Zerodha is Rated 3.6 / 5 based on 492 customer reviews | m.Stock is Rated 3.7 / 5 based on 3 customer reviews |
| Zerodha | m.Stock | |
|---|---|---|
| Contact Broker | Instant Free Account Opening| Free Equity Delivery & Mutual Funds| ₹20/trade on Intraday & F&O India’s most trusted trading platform 💹 🔓 Open Account – FREE⏱ 5 min | 100% Online | Paperless | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Zerodha | m.Stock | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Zerodha | m.Stock | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Zerodha | m.Stock | |
|---|---|---|
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| Promo / Offers | Zerodha Special OfferInvest Smarter with India’s Leading Discount Broker
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Zerodha Account |
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