Zerodha vs MStock – Compare Charges, Trading Features, Offers & more

Find a Comparison of Zerodha vs MStock here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Zerodha and MStock.

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Zerodha vs MStock – Company Overview

Company Overview Zerodha MStock
Company Type Private Private
Headquarters Bangalore Mumbai
Founder Nithin Kamath Park Hyeon-Joo
Establishment Year 2010 1997

Compare the Brokerage of Zerodha and MStock

Brokerage Zerodha MStock
Brokerage Plan Standard Plan Zero Delivery Plan
Subscription Charges Zero Zero
Equity Delivery Free Free
Equity Intraday Rs.20 per Trade or 0.03% (whichever is low) Rs.20 per Trade
Equity Future Rs.20 per Trade or 0.03% (whichever is low) Rs.20 per Trade
Equity Option Rs.20 per Trade Rs.20 per Trade
Commodity Future Rs.20 per Trade or 0.03% (whichever is Low) NA
Commodity Option Rs.20 per Trade NA
Currency Future Rs.20 per Trade or 0.03% (whichever is Low) Rs.20 per Trade
Currency Option Rs.20 per Trade Rs.20 per Trade

Zerodha vs MStock – Trading Platforms

Trading Platforms Zerodha MStock
Android App Zerodha Android App Link MStock Android App Link
iOS App Zerodha iOS App Link MStock iOS App Link
Web Trading Platform Zerodha Web Trading Link MStock Web Trading Link
Trading Terminal NA NA
Algo Trading Platform Available NA
Foreign Stocks Trading Platform NA NA
Basket Trading Platform Available NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform NA NA
Bonds Investment Platform Available NA

Comparison of Zerodha and MStock – Trading Features

Trading Features Zerodha MStock
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports No No
Global indices No No
Customised Recommendations No No
Stock tips No Yes
Interactive charts Yes Yes
Live market Yes Yes
Multi Profile Management No No
Robust & Secure Platform Yes Yes

Compare Zerodha vs MStock Offers

Offers Zerodha MStock
Free Account Opening No No
Free AMC No No
Free Brokerage Yes, Limited Yes, Limited
Flat Brokerage Yes Yes
Flexible Brokerage Plans No Yes
Happy Trading Hours No No
Free Delivery Trading Yes Yes
Free Intraday Trading No Yes, Limited
Free F&O Trading No Yes, Limited
Free Research Reports No Yes
Free Trading calls No Yes
Referral Offers 10% + 300 Points per Client Upto Rs.500 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Zerodha vs MStock – Products Provided

Products Provided Zerodha MStock
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes No
Commodity Future Yes No
Currency Option Yes Yes
Currency Future Yes Yes
Foreign Stocks No No
Mutual Funds Yes Yes
Banking No No
Insurance No No
Corporate Bonds Yes No
Govt. Bonds Yes No
Digital Gold No No

Zerodha vs MStock – Services Provided

Services Provided Zerodha MStock
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account No No
Stock Research No Yes
Stock Recommendations No Yes
Trading Institution Yes, Zerodha Varsity No
Share Pledging Yes Yes
PMS or PCG No No
NRI Services No No

Compare Zerodha and MStock Advisory

Advisory Zerodha MStock
Fundamental Reports Yes No
Research Reports No No
Company Reports No No
Annual Reports No No
IPO Reports Yes No
Technical Reports Yes No
Stock Tips No Yes
Daily Top Stock Picks No Yes
Daily Market Review No Yes
Monthly Review No Yes
Weekly Review Yes Yes
Relationship Manager No No
Robo Advisory Yes No

Comparison of Zerodha and MStock Exposure

Exposure Zerodha MStock
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of Zerodha & MStock

Programs Zerodha MStock
Sub Broker Program Yes, Limited Yes, Limited
Partner Program Yes Yes, Limited
Referral Program Yes Yes

Zerodha vs MStock – Ratings by Finec

Ratings Zerodha MStock
Overall Rating 9.85 / 10 7.28 / 10
Customer Support 9.81 / 10 7.25 / 10
Technology 9.97 / 10 7.37 / 10
Charges 9.89 / 10 7.31 / 10
Products & Service 9.79 / 10 7.24 / 10
Experience 9.77 / 10 7.22 / 10

Compare Customer Support of Zerodha and MStock

Customer Support Zerodha MStock
Trading Support Available, Chargeable Available, Chargeable
Dedicated Dealer Available, Chargeable Available, Chargeable
Call Support 080-47181888, 9513369973 1800-2100-818
Email Support renu.pd@zerodha.com help@mstock.com
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link NA
Branches / Offices NA NA

Comparison of Zerodha & MStock Complaints

Complaints Zerodha MStock
Total Complaints Lodged 339 113
Total Complaints Resolved 307 101
% of Resolved Complaints 90.56% 89.38%
Non Actionable Complaints 20 6
% of Non Actionable Complaints 5.90% 5.31%

Compare Demat Charges of Zerodha vs MStock

Demat Charges Zerodha MStock
Account Opening Charges Rs.200 – Rs.300 Rs.149
Annual Maintenance Charges (AMC) Rs.300 per Year Rs.999

Zerodha vs MStock – Compare STT & CTT

STT & CTT Zerodha MStock
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.125% on buy, 0.0625% on sell 0.0625% on sell (on premium)
Commodity Future 0.01% on sell 0.01% on sell (Non-Agri)
Commodity Option 0.05% on sell 0.05% on sell
Currency Future Nil Nil
Currency Option Nil Nil

Compare Stamp Duty of Zerodha and MStock

Stamp Duty Zerodha MStock
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy 0.002% on buy
Commodity Option 0.003% on buy 0.003% on buy
Currency Future 0.0001% on buy 0.0001% on buy
Currency Option 0.0001% on buy 0.0001% on buy

Zerodha vs MStock – Transaction Charges

Transaction Charges Zerodha MStock
Equity Delivery 0.00325% (NSE) & 0.00375% (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Intraday 0.00325% (NSE) & 0.00375% (BSE) 0.00325% (NSE) & 0.00375% (BSE)
Equity Future 0.0019% (NSE & BSE) 0.0019% (NSE & BSE)
Equity Option 0.05% (on premium) 0.05% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) NA
Commodity Option 0.05% (Non Agri) NA
Currency Future 0.0009% (NSE) & 0.00025% (BSE) 0.0009% (NSE)
Currency Option 0.035% (NSE) & 0.001% (BSE) 0.035% (NSE)

Compare Pledge Charges of Zerodha & MStock

Pledge Charges Zerodha MStock
Pledge Creation Charges Rs.30 per Request Rs.32 per Request
Pledge Invocation Charges Nil Rs.32 per Request
Interest on Margin Trading 0.05% per day 0.05% per day

Comparison of Zerodha and MStock – Hidden Charge

Hidden Charge Zerodha MStock
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.13.5 per Scrip on Sell Rs.12 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Rs.25 Nil
Reactivation Charges Rs.20 Nil
Dematerialisation Charges Rs.30 per Certificate Rs.150 per Certificate
Call & Trade Charges Rs.50 per Trade Free

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