M.stock vs Dhan vs Shoonya
In this article, we will review ‘M.stock vs Dhan vs Shoonya‘ on the basis of Brokerage charges, Account maintenance charges, Investment options, Customer service, User reviews, Research and analysis, broker’s track record & reputation.
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| Product Name |
M.stock chargesDhan app review & chargesShoonya Finvasia Brokerage charges Review |
| Product Image |
|
| Price | |
| Our Rating | |
| Brand | m stock Dhan Shoonya |
| Category | Stock brokers Stock brokers Stock brokers |
Company Overview
   |
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| Company name | Mirae Asset Capital Markets (India) Pvt Ltd Dhan Shoonya by Finvasia |
| Headquarters | Mumbai Mumbai Mumbai |
| Founder | Hyeon Joo Park Mr Pravin Jadhav Sarvjeet Singh Virk and Tajinder Singh Virk |
| Establishment Year | June 1997 2021 2009 |
Account opening & AMC
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|
| Account Opening Fee The account opening fee, also known as account setup charges, refers to the one-time charge levied by a brokerage firm when you open a new Demat and trading account to invest in securities like stocks, bonds, or ETFs. These fees can vary depending on the type of account, the brokerage firm, and any current promotions or offers. | ₹999 (Zero brokerage for life) + ₹999 (Free AMC) ₹0 ₹0 |
| Annual Maintenance Charges (AMC) This is a yearly fee levied by the depository participant (DP) to maintain your Demat account, where your shares are held electronically. | ₹120 every quarter (Zero AMC by paying an additional ₹999, else ₹120 every quarter as AMC) ₹0 ₹0 |
Pledge Charges
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|
| Pledge Creation Charges | ₹25 per PSN (Pledge Sequence Number) per day (+GST) for 'Lifetime free AMC' plan ₹ 12.5 / transaction / ISIN + GST ₹20 |
| Pledge Invocation Charges | ₹25 per PSN (Pledge Sequence Number) per day (+GST) for 'Lifetime free AMC' plan ₹ 12.5 / transaction / ISIN + GST ₹20 |
| Interest on Margin Trading | Up to ₹25 Lakhs: 9.99%, Above ₹25 Lakhs to ₹5 Crore: 8.99%, Above ₹5 Crore: 6.99% 0.0438% per day on outstanding MTF and non MTF debit and non maintenance of 50:50 margin Does not provide |
| Margin Re-Pledge | ₹25 per PSN ₹ 12.5 / transaction / ISIN + GST ₹20 |
Brokerage charges & Fees
|
|
| Brokerage Plan | Lifetime free AMC' plan Standard Standard account |
| Equity Delivery Charges | Zero ₹0 ₹0 |
| Equity Intraday Charges | Zero ₹20 or 0.03% per executed order whichever is lower ₹0 |
| Equity Futures charges | Zero ₹20 or 0.03% per executed order whichever is lower ₹0 |
| Equity Options charges | Zero ₹20 per executed order ₹0 |
| Currency Futures charges | Zero ₹20 or 0.03% per executed order whichever is lower ₹0 |
| Currency Options charges | Zero ₹20 per executed order ₹0 |
| Commodity Futures charges | Do not offer Commodity trading ₹20 or 0.03% per executed order whichever is lower ₹0 |
| Commodity Options charges | Do not offer Commodity trading ₹20 per executed order ₹0 |
Customer services offered
|
|
| Demat Services |
 Yes
Yes
Yes
|
| Trading Services |
Yes
Yes
Yes
|
| Intraday Services |
Yes
Yes
Yes
|
| F&O Services |
Yes
Yes
Yes
|
| IPO Services |
Yes
Yes
Yes
|
| Share Pledging |
Yes
Yes
Yes
|
| NRI Services |
Yes
No
|
| Referral Program |
Yes
Yes
Yes
|
Customer Support
|
|
| Call Support | 1800 210 0818 +91 9987761000 (9:00 am to 6:00 pm on Market Trading days) +91 1726 750 000, +91 9779 097 777 |
| Email Support | help@mstock.com help@dhan.co (24x7) clientsupport@shoonya.com |
| Whatsapp Support |
No
No
|
| Website Support |
Yes, 8 AM to 12 AM (Monday to Friday), 8 AM to 10 PM (Saturday & Sunday)
Yes, Chat support
|
Leverage (Margin) Offered
|
|
| Equity Delivery Margin Leverage | No leverage available; you need the full purchase value in your account. Upto 1.39x depending on the stock (lower leverage for volatile stocks) No leverage available; you need the full purchase value in your account. |
| Equity Intraday Margin Leverage | Leverage ranges from 3x to 4x depending on the stock (lower leverage for volatile stocks) Upto 4x depending on the stock (lower leverage for volatile stocks) Upto 5x depending on the stock (lower leverage for volatile stocks) |
| Equity F&O Intraday Margin Leverage | No leverage available; you need the full purchase value in your account. No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account. |
| Equity F&O Carry Forward Margin Leverage | No leverage available; you need the full purchase value in your account. No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account. |
| Currency F&O Margin Leverage | 4x to 10x depending on the currency pair and contract type. No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account. |
| Commodity F&O Intraday Margin Leverage | Does not offer trading in Commodity No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account. |
| Commodity F&O Carry Forward Margin Leverage | Does not offer trading in Commodity No leverage available; requires full margin upfront No leverage available; you need the full purchase value in your account. |
Unique Offerings
|
|
| Free Account Opening |
No
Yes
Yes
|
| Free Brokerage |
Yes
Yes, On Equity Delivery, ETFs, IPO & Mutual Funds only
Yes
|
| Free AMC |
Yes, on 'Lifetime free AMC' plan only
Yes
Yes
|
| Free Equity Delivery |
Yes
Yes
Yes
|
| Free F&O Trading |
Yes
No
Yes
|
| Free Intraday Trading |
Yes
No
Yes
|
| Free Trading calls |
Yes
No
No
|
| Happy Trading Hours |
No
No
No
|
| Flexible Brokerage Plans |
Yes
Yes
Yes
|
| Referral Offers |
Yes
Yes
Yes
|
| Margin Funding (MTF)/ Pledging |
Yes
Yes
No
|
| Brokerage Cashback |
No
No
No
|
| Zero Brokerage for Loss Making Trades |
No
No
No
|
| Relationship Manager |
No
No
No
|
Services Provided
|
|
| Equity Delivery |
Yes
Yes
Yes
|
| Equity Intraday |
Yes
Yes
Yes
|
| Equity Futures |
Yes
Yes
Yes
|
| Equity Options |
Yes
Yes
Yes
|
| Currency Futures |
Yes
Yes
Yes
|
| Currency Options |
Yes
Yes
Yes
|
| Commodity Futures |
No
Yes
Yes
|
| Commodity Options |
No
Yes
Yes
|
| Foreign Stocks |
No
No
No
|
| Mutual Funds |
Yes
Yes
Yes
|
| Banking |
No
No
No
|
| Insurance |
No
No
No
|
| Corporate Bonds |
No
No
No
|
| Govt. Bonds |
No
No
No
|
| Digital Gold |
No
No
No
|
Order Types
|
|
| Market Order |
Yes
Yes
Yes
|
| Limit Order |
Yes
Yes
Yes
|
| Bracket Order |
Yes
Yes
Yes
|
| Cover Order |
Yes
Yes
Yes
|
| After Market Order (AMO) |
Yes
Yes
Yes
|
| Good Till Cancelled (GTC) |
Yes
Yes
Yes
|
| Buy Today Sell Tomorrow (BTST) |
No
Yes
No
|
| Sell Today Buy Tomorrow (STBT) |
No
No
No
|
Research & Reports
|
|
| Annual Reports |
No
Yes
No
|
| Company Reports |
No
Yes
No
|
| Research Reports |
No
No
No
|
| Fundamental Reports |
Yes, Basic only
No
No
|
| IPO Reports |
Yes
Yes
Yes
|
| Technical Reports |
Yes, Basic only
Yes
No
|
| Stock tips |
No
No
No
|
| Daily Market Review |
No
No
Yes
|
| Monthly Review |
No
Yes
No
|
| Weekly Review |
No
No
No
|
| Robo Advisory |
No
No
No
|
STT & CTT Charges
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|
| Equity Delivery STT & CTT | 0.1% on buy & sell 0.1% on buy & sell 0.1% on buy & sell |
| Equity Intraday STT & CTT | 0.025% on the sell side 0.025% on sell transactions 0.025% on the sell side |
| Equity Futures STT & CTT | 0.0125% on sell side 0.0125% on sell side 0.0125% on sell side |
| Equity Options STT & CTT | 0.0625% on sell side (on premium) and/or 0.125% of the intrinsic value on options that are bought and exercised 0.0625% on sell side (on premium), 0.125% on exercised options (on intrinsic value) 0.0625% on sell side (on premium) |
| Currency Futures STT & CTT | No STT No STT No STT |
| Currency Options STT & CTT | No STT No STT No STT |
| Commodity Futures STT & CTT | Does not offer Commodity trading 0.01% on sell side 0.01% (of Selling Value) |
| Commodity Options STT & CTT | Does not offer Commodity trading 0.05% on sell side 0.05% (of Selling Value) |
Trading Features
|
|
| Watchlist |
Yes
Yes
Yes
|
| Real Time Updates |
Yes
Yes
Yes
|
| Portfolio Details |
Yes
Yes
Yes
|
| Price Alert |
Yes
Yes
Yes
|
| Online Mutual Fund Buy |
Yes
Yes
Yes
|
| Global indices |
No
No
No
|
| Customized Recommendations |
No
No
No
|
| Advanced charting |
Yes
Yes
Yes
|
| Live market |
Yes
Yes
Yes
|
| Multiple Profile Management |
No
No
No
|
| Secure Platform |
Yes
Yes
Yes
|
Trading Platforms
|
|
| Android App |
Yes
Yes
Yes
|
| iOS App |
Yes
Yes
Yes
|
| Web Trading Platform |
Yes
Yes
Yes
|
| Trading Terminal |
No
Yes
Yes
|
| Algo Trading Platform |
No
Yes
Yes
|
| Foreign Stocks Trading Platform |
No
No
No
|
| Basket Trading Platform |
Yes
Yes
Yes
|
| Mutual Fund Investment Platform |
Yes
Yes
Yes
|
| Digital Gold Investment Platform |
No
No
No
|
| Bonds Investment Platform |
No
No
No
|
Transaction Charges
|
|
| Equity Delivery Transaction Charges | NSE: 0.00325%, BSE: 0.00375% BSE: 0.00375%, NSE: 0.00325% 0.00325% |
| Equity Intraday Transaction Charges | NSE: 0.00325%, BSE: 0.00375% BSE: 0.00375%, NSE: 0.00325% 0.00325% |
| Equity Futures Transaction Charges | NSE: 0.0019% NSE: 0.0019%, BSE: 0 (Zero) Exchange txn charge: 0.0019% |
| Equity Options Transaction Charges | NSE: 0.050% (on premium) NSE: 0.05% (on premium), BSE: 0.005% (on premium) Exchange txn charge: 0.05% (on premium) |
| Currency Futures Transaction Charges | NSE: Exchange txn charge: 0.0009% NSE: 0.0009%, BSE: 0.0009%, Interest Rate Derivatives: 0.00015% Exchange txn charge: 0.0009% |
| Currency Options Transaction Charges | NSE: Exchange txn charge: 0.035% NSE: 0.035%, BSE: 0.001% Exchange txn charge: 0.035% |
| Commodity Futures Transaction Charges | Does not offer Group A, B : 0.0026% 260/ crore |
| Commodity Options Transaction Charges | Does not offer 0.05% 5000/ crore |
Stamp Duty charges
|
|
| Equity Delivery Stamp Duty | 0.015% or ₹1500 / crore on buy side 0.015% on turnover of buy orders 0.015% |
| Equity Intraday Stamp Duty | 0.003% or ₹300 / crore on buy side 0.003% on turnover of buy orders 0.003% |
| Equity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side 0.0125% on sell side 0.002% |
| Equity Options Stamp Duty | 0.003% or ₹300 / crore on buy side 0.0625% on sell side (on premium), 0.125% on exercised options (on intrinsic value) 0.003% |
| Currency Futures Stamp Duty | 0.0001% or ₹10 / crore on buy side 0.0001% on turnover of buy orders 0.0001% on Buy Side |
| Currency Options Stamp Duty | 0.0001% or ₹10 / crore on buy side 0.0001% on turnover of buy orders 0.0001% on Buy Side |
| Commodity Futures Stamp Duty | Does not offer 0.002% on turnover of buy orders 0.002% |
| Commodity Options Stamp Duty | Does not offer 0.003% on turnover of buy orders 0.003% |
Other Charges
|
|
| SEBI Turnover Charges | ₹10/crore (For all segments) ₹10/Crore (For all segments) ₹10/Crore (For all segments) |
| DP Charges | ₹12 + GST per ISIN per transaction per day ₹ 12.50 / instruction / ISIN + GST. ₹9 + GST/scrip |
| GST charges | 18% of (brokerage + transaction charges + Demat) 18% of (brokerage + transaction charges + Demat) 18% of (brokerage + transaction charges + Demat) |
| Account Closure Charges | Free Free Free |
| Reactivation Charges | Free Free Free |
| Dematerialization Charges | ₹150 per certificate + ₹100 courier charges ₹150 per certificate + ₹100 courier charges ₹150 per certificate + ₹100 courier charges |
| Call and Trade charges | ₹0 ₹ 50 / order + GST ₹0 |
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