m.Stock Review : Mirae Asset is a financial services company that offers a variety of investment products and services, including mutual funds, fixed-income products, and private equity. The company was founded in 1997 and is headquartered in South Korea, with additional offices in several other countries. Mirae Asset is one of the largest asset management companies in Asia and is known for its expertise in emerging markets investing. Mirae Asset Global Investments is known for its expertise in emerging market investments, particularly in Asia. In this article you will get to know the complete in depth analysis of m.stock Review.
m.Stock is a mobile application developed by the company that allows users to access financial market information and manage their investments. The app provides real-time stock prices, financial news, and analysis, as well as tools for managing portfolios and making trades. It also allows users to track their investments and performance and receive alerts on market events or changes in their portfolios.
Product Offerings by m.Stock’s
Mirae Asset’s M.Stock app offers a variety of products and services for investors, including
- Stock trading: Users can trade stocks and other securities on various exchanges, such as the NYSE and NASDAQ.
- Real-time market data: Users can access real-time stock quotes, market news and analysis, and other financial information to stay informed about market trends.
- Research and education: The app provides access to research reports, educational resources, and financial tools to help users make informed investment decisions.
- Portfolio management: Users can monitor and manage their portfolios, including tracking their performance and making adjustments as needed.
- Alerts and notifications: Users can set up alerts to notify them of significant market events or changes in their portfolio.
- Customer support: Users can contact customer support for help with any issues or questions they may have about using the app.
Key products of m.Stock’s
Some products offered by the app include:
- Equity trading: Users can buy and sell shares of publicly traded companies on various stock exchanges.
- Derivative trading: Users can trade in futures and options contracts based on various underlying assets such as stocks, indices, commodities, and currencies.
- Mutual funds: Users can invest in a wide range of mutual fund schemes offered by different asset management companies.
- IPOs: Users can apply for initial public offerings (upcoming IPOs) of companies that are going public. Research and analysis: Users have access to various research reports and analyses to help them make informed investment decisions.
- Charts and technical indicators: Users can view charts of different financial instruments and use technical indicators to analyze market trends and make trading decisions.
- Margin trading: Users can trade by availing of margin
Key features of m.Stock’s
m.stock app offers several key features to its users. Some of these features include
- Real-time market data: Users can access real-time market data for various financial instruments, including stocks, indices, commodities, and currencies.
- Order placement: Users can place various types of orders, such as market orders, limit orders, and stop-loss orders, to buy and sell financial instruments.
- Portfolio management: Users can view and manage their portfolio of investments in one place, including stocks, mutual funds, and other assets.
- Research and analysis: Users can access research reports, analysis, and market commentary to help them make informed investment decisions.
- Customizable watchlists: Users can create and customize watchlists of stocks, mutual funds, and other assets that they are interested in.
- News and alerts: Users can stay up-to-date with the latest market news and set alerts for specific price levels or events.
- Graphs and charts: Users can view charts of different financial instruments and use technical indicators to analyze market trends and make trading decisions.
- Mobile trading: Users can trade on the go using the mobile app, which is available for both iOS and Android.
Who should open m.Stock account?
Anyone who wants to buy or sell shares on the stock market, including individual investors and traders, should consider opening a DEMAT account. Mirae Asset’s m.The stock app is a mobile trading platform that allows users to trade stocks and other securities using their DEMAT account. Therefore, anyone who is interested in buying or selling securities on the stock market and wants to use the convenience and functionality of the m.Stock app should consider opening a DEMAT account with Mirae Asset.
How to open an Demat account – m.Stock
- To open a Demat account in the m.Stock app, you can follow these steps:
- Download the m.Stock app from the App Store or Google Play.
- Open the app and click on “Register” to create a new account.
- Fill in your details, such as your name, email address, and mobile number.
- Verify your mobile number by entering the OTP (one-time password) sent to your phone.
- Set a secure password for your account.
- Click on “Open Demat Account” to start the account opening process.
- Fill in the required details in the account opening form, such as your PAN (permanent account number), address, and nominee information.
- Upload the required documents, such as a copy of your PAN card and a cancelled cheque.
- Submit the form for verification- It typically takes 2 to 3 working days for the Demat account to be activated. After the account is activated, you will receive an email with your account number and other details. Then you can check your account with m.stock login.
m.Stock Review – Customer Rating
| Overall Rating | 4.3/5 |
| Brokerage | 4.3/5 |
| Fees | 4.7/5 |
| Usability | 4.0/5 |
| Customer Service | 4.1/5 |
m.Stock charges
Equity/ Currency
| Charges | Equity
Delivery |
Equity
Intraday |
Futures | Options |
| Brokerage | Zero
Brokerage |
Zero
Brokerage |
Zero
Brokerage |
Zero
Brokerage |
| Call and
Trade Charges |
Zero
Charges |
Zero
Charges |
Zero
Charges |
Zero
Charges |
| STY/CTT | 0.1%
on buy and sell |
0.025%
on buy and sell |
0.01%
on buy and sell |
0.05%
on buy and sell |
| Transaction
Charges |
NSE
0.00345% |
NSE
0.00345% |
NSE
0.002% |
NSE
0.053% (Premium) |
| GST | 18% on (brokerage
+ Transaction Charges) |
18% on (brokerage
+ Transaction Charges) |
18% on (brokerage
+ Transaction Charges) |
18% on (brokerage
+ Transaction Charges) |
| SEBI
Charges |
₹10/Crore | ₹10/Crore | ₹10/Crore | ₹10/Crore |
| Stamp
Charges |
0.015% or ₹1500/ Crore on buy side | 0.003% or ₹300/ Crore on buy side
|
0.002% or ₹200/ Crore on buy side
|
0.003% or ₹300/ Crore on buy side
|
Additional charges
m.Stock app charges include
- Brokerage fees: This is a fee charged for each trade made on the app. It is usually a percentage of the total value of the trade.
- Transaction charges: This is a fee charged for each trade made on the app. It is usually a fixed amount per trade.
- GST (Goods and Services Tax): This is a tax imposed by the Indian Government on the value of goods and services.
- Margin trading fee: This is a fee charged for using margin trading, which allows you to trade with more money than you have in your account.
- Advanced charting tools fee: This is a fee charged for using advanced charting tools, which are used to analyze stock performance and make predictions.
m.stock mirae app provides a convenient and easy way for users to access their trading accounts and manage their investments on the go. It gives access to real-time market data and quotes, the ability to place trades, view account balances, track portfolio performance, and access market news and research. The app also has a user-friendly interface and includes features such as watchlists and alerts to help users stay on top of market movements.