Shoonya vs Mstock Demat Charges Compared (2026)

Disclosure: We may earn a commission if you open a demat account via links on this page. This does not affect our editorial independence. Read our Affiliate Disclosure.

Last updated: May 2026 · Charges and offers verified against official broker pages where noted.


  • Overview
  • Description
  • Brand/Store
  • Availability
  • User Rating
  • Account opening & AMC
  • Account Opening Fee
  • AMC Upto ₹4 Lakh
  • AMC ₹4 to ₹10 Lakh
  • Brokerage Charges & Fees
  • Brokerage Plan
  • Commodity Futures charges
  • Commodity Options charges
  • Currency Futures charges
  • Currency Options charges
  • Equity Delivery Charges
  • Equity Futures charges
  • Equity Intraday Charges
  • Equity Options charges
  • Pledge Charges
  • Interest on Margin Trading
  • Margin Re-Pledge
  • Pledge Creation Charges
  • Pledge Invocation Charges
  • Leverage (Margin) Offered
  • Equity Delivery Margin
  • Equity Intraday Margin
  • Unique Offerings
  • Brokerage Cashback
  • Flexible Brokerage Plans
  • Free Brokerage
  • Free Equity Delivery
  • Free Intraday Trading
  • No Brokerage on Loss Trades
  • STT & CTT Charges
  • Currency Futures STT & CTT
  • Currency Options STT & CTT
  • Equity Delivery STT & CTT
  • Equity Futures STT & CTT
  • Equity Intraday STT & CTT
  • Equity Options STT & CTT
  • Transaction Charges
  • Comm. Futures Trxn. Charges
  • Comm. Options Trxn. Charges
  • Curr. Futures Trxn. Charges
  • Curr. Options Trxn. Charges
  • Equity Del. Trxn. Charges
  • Equity Futures Trxn. Charges
  • Equity Intra. Trxn. Charges
  • Equity Options Trxn. Charges
  • Stamp Duty charges
  • Commodity Futures Stamp Duty
  • Commodity Options Stamp Duty
  • Currency Futures Stamp Duty
  • Currency Options Stamp Duty
  • Equity Delivery Stamp Duty
  • Equity Futures Stamp Duty
  • Equity Intraday Stamp Duty
  • Equity Options Stamp Duty
  • Other Charges
  • Account Closure Charges
  • Call and Trade charges
  • Dematerialization Charges
  • DP Charges
  • GST charges
  • Reactivation Charges
  • SEBI Turnover Charges
  • Auto Square off Charges
  • KRA, CKYC, ESign Charges
  • Shoonya Review 2026: Demat Charges, AMC & Brokerage

    Shoonya Review 2026: Demat Charges, AMC & Brokerage

  • Shoonya demat account review: opening fee ₹0, AMC ₹0 (Free for lifetime), and brokerage charges updated May 2026. Informational only—not investment advice.

  • In stock
  • -

  • ₹0

  • ₹0 (Free for lifetime)

  • ₹0/year

  • Shoonya zero-brokerage online plan

  • ₹5 or 0.03% per order, lower

  • ₹5 per executed order

  • ₹5 or 0.03% per order, lower

  • ₹5 per executed order

  • ₹0

  • ₹0

  • ₹0

  • ₹0

  • No MTF facility published

  • No

  • ₹20 per instruction

  • ₹20 per instruction

  • 1x; 100% upfront delivery margin

  • Up to 5x

  • No

  • No

  • Yes

  • Yes

  • Yes

  • No

  • Nil

  • Nil

  • STT 0.10% on buy and sell

  • STT 0.05% on sell side

  • STT 0.025% on sell side

  • STT 0.15% on sell side premium; 0.15% on exercise intrinsic value

  • MCX 0.00210%; NCDEX 0.0058%

  • MCX 0.0418%; NCDEX 0.03%

  • NSE 0.00035% on turnover

  • NSE 0.0311% on premium

  • NSE 0.00307%; BSE 0.00375%

  • NSE 0.00183% on contract value

  • NSE 0.00307%; BSE 0.00375%

  • NSE 0.03553% on premium; BSE 0.0325% on premium

  • 0.002% on buy side

  • 0.003% on buy side premium

  • 0.0001% on buy side

  • 0.0001% on buy side

  • 0.015% or ₹1,500/crore on buy side

  • 0.002% or ₹200/crore on buy side

  • 0.003% or ₹300/crore on buy side

  • 0.003% or ₹300/crore on buy side

  • ₹0

  • ₹0

  • ₹9 + GST

  • ₹9 + GST per ISIN

  • 18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges

  • ₹0

  • ₹10/crore or 0.0001% of turnover

  • ₹0

  • ₹0

  • Mstock Review 2026: Demat Charges, AMC & Brokerage

    Mstock Review 2026: Demat Charges, AMC & Brokerage

  • Mstock demat account review: opening fee ₹0, AMC ₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter, and brokerage charges updated May 2026. Informational only—not investment advice.

  • In stock
  • -

  • ₹0

  • ₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter

  • ₹0/year

  • m.Stock ₹5/order + lifetime operating-charge option

  • No commodity segment

  • No commodity segment

  • ₹5 per executed order

  • ₹5 per executed order

  • ₹0

  • ₹5 per executed order

  • ₹5 per executed order

  • ₹5 per executed order

  • MTF from 6.99% p.a.; pledge shares interest 0.0274%/day

  • Yes

  • MTF pledge/closure ₹32 per PSN per day + GST; pledge shares creation ₹0, closure ₹32 per PSN/day + GST

  • MTF closure ₹32 per PSN per day + GST; pledge shares closure ₹32 per PSN/day + GST

  • 1x; 100% upfront delivery margin

  • Up to 5x

  • No

  • Yes

  • No

  • Yes

  • No

  • No

  • Nil

  • Nil

  • STT 0.10% on buy and sell

  • STT 0.05% on sell side

  • STT 0.025% on sell side

  • STT 0.15% on sell side premium; 0.15% on exercise intrinsic value

  • No commodity segment

  • No commodity segment

  • NSE 0.00035% on turnover

  • NSE 0.0311% on premium

  • NSE 0.00307%; BSE 0.00375%

  • NSE 0.00183% on contract value

  • NSE 0.00307%; BSE 0.00375%

  • NSE 0.03553% on premium; BSE 0.0325% on premium

  • No commodity segment

  • No commodity segment

  • 0.0001% on buy side

  • 0.0001% on buy side

  • 0.015% or ₹1,500/crore on buy side

  • 0.002% or ₹200/crore on buy side

  • 0.003% or ₹300/crore on buy side

  • 0.003% or ₹300/crore on buy side

  • ₹0

  • ₹0

  • ₹0

  • ₹18 + GST per debit transaction

  • 18% on brokerage, DP, exchange transaction charges, SEBI charges and other taxable service charges

  • ₹0

  • ₹10/crore or 0.0001% of turnover

  • ₹100 per executed order + GST

  • ₹0

By Ajay Bohra · About the author

For Annual Maintenance Charges (AMC), Shoonya lists ₹0 (Free for lifetime); Mstock lists ₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter. Informational only; confirm tariffs on each broker's official site before opening an account.

This Shoonya vs Mstock guide compares charges and account terms for Shoonya and Mstock. Figures in the table below match the live comparison widget above. Confirm current tariffs on each broker’s official website before opening an account. More comparisons: broker comparisons hub.

Charges at a glance

ParameterShoonyaMstock
Annual Maintenance Charges (AMC)₹0 (Free for lifetime)₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter
Brokerage PlanShoonya zero-brokerage online planm.Stock ₹5/order + lifetime operating-charge option
Equity Intraday Charges₹0₹5 per executed order
Equity Futures charges₹0₹5 per executed order
Equity Options charges₹0₹5 per executed order

Key differences

  • Annual Maintenance Charges (AMC): Shoonya — ₹0 (Free for lifetime); Mstock — ₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter.
  • Brokerage Plan: Shoonya — Shoonya zero-brokerage online plan; Mstock — m.Stock ₹5/order + lifetime operating-charge option.
  • Equity Intraday Charges: Shoonya — ₹0; Mstock — ₹5 per executed order.
  • Equity Futures charges: Shoonya — ₹0; Mstock — ₹5 per executed order.
  • Equity Options charges: Shoonya — ₹0; Mstock — ₹5 per executed order.

Individual broker reviews

Read our detailed reviews: Shoonya demat review, Mstock demat review.

FAQs

What is the Shoonya demat account opening fee?

₹0. Confirm on Shoonya's official site.

What is the Mstock demat account opening fee?

₹0. Confirm on Mstock's official site.

What is the Shoonya demat AMC?

₹0 (Free for lifetime). Confirm on Shoonya's official site.

What is the Mstock demat AMC?

₹0 after one-time ₹1,299 + GST lifetime operating-charge activation; otherwise ₹219 + GST/quarter. Confirm on Mstock's official site.

What are Shoonya equity delivery brokerage charges?

₹0. Confirm on Shoonya's official site.

What are Mstock equity delivery brokerage charges?

₹0. Confirm on Mstock's official site.

What are Shoonya equity intraday charges?

₹0. Confirm on Shoonya's official site.

What are Mstock equity intraday charges?

₹5 per executed order. Confirm on Mstock's official site.

Brokerage plans, AMC slabs, and F&O tariffs can change. Use the comparison table at the top of this page for side-by-side product fields, and verify final numbers on official broker sites before you trade. This page is for information and education only—not personalized investment advice.

Sources checked

  • SEBI — investor education & regulations
  • NSE India — market reference
  • Official broker pricing/charges pages — verify on each broker's site before opening an account

Risk warning: Investing and trading involve market risk. Brokerage charges and platform features change. This article is for information only, not investment advice.

See our review methodology · affiliate disclosure

Lets Think Wise

Lets Think Wise helps Indian investors compare brokers, estimate trading costs and understand investing tools through practical, research-based content.

Disclaimer

Content on Lets Think Wise is for informational and educational purposes only and should not be considered investment advice. Investing and trading involve market risk. Brokerage charges, platform features and terms may change over time, so always verify details from official broker websites before making financial decisions.

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