Re-pledging of margin stocks is not allowed.
Upstox Margin
Please note that for equity intraday transactions, M.stock offers 3 to 4 times the exposure. For delivery and derivatives transactions, you are required to have a 100% margin in your account.
You are required to maintain a full margin during basket order placement. Once the order is placed, the hedging benefit shall be calculated, and the relevant margin shall be released in the case of derivatives.
Further, in the case of a normal order, only at the time of placing the first leg order, you shall be required to maintain a 100% margin in your account.
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The information presented on this website is for informational purposes only and should not be construed as financial, legal, or professional advice. While we strive to provide accurate and up-to-date information, we cannot guarantee its completeness or accuracy. Any opinions expressed herein are solely those of the author or individual contributor and do not necessarily reflect the views of any company, organization, or other entity.
Do your own research:
Readers are encouraged to conduct their due diligence and consult with a qualified professional before making any decisions based on the information presented on this website. Trading, investing, and other financial activities involve inherent risks, and you could lose all or a portion of your capital. Past performance is not indicative of future results.
Company name | Mirae Asset Capital Markets (India) Pvt Ltd |
Headquarters | Mumbai |
Founder | Hyeon Joo Park |
Establishment Year | June 1997 |
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) |
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) |
Pledge Creation Charges | ₹25 per PSN (Pledge Sequence Number) per day (+GST) for 'Lifetime free AMC' plan |
Pledge Invocation Charges | ₹25 per PSN (Pledge Sequence Number) per day (+GST) for 'Lifetime free AMC' plan |
Interest on Margin Trading | Up to ₹25 Lakhs: 9.99%, Above ₹25 Lakhs to ₹5 Crore: 8.99%, Above ₹5 Crore: 6.99% |
Margin Re-Pledge | ₹25 per PSN |
Brokerage Plan | Lifetime free AMC' plan |
Equity Delivery Charges | Zero |
Equity Intraday Charges | Zero |
Equity Futures charges | Zero |
Equity Options charges | Zero |
Currency Futures charges | Zero |
Currency Options charges | Zero |
Commodity Futures charges | Do not offer Commodity trading |
Commodity Options charges | Do not offer Commodity trading |
Demat Services | ✅Yes |
Trading Services | ✅Yes |
Intraday Services | ✅Yes |
F&O Services | ✅Yes |
IPO Services | ✅Yes |
Share Pledging | ✅Yes |
NRI Services | ⛔ |
Referral Program | ✅Yes |
Call Support | 1800 210 0818 |
Email Support | help@mstock.com |
Whatsapp Support | ⛔ |
Website Support | ⛔ |
Equity Delivery Margin Leverage | 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) |
Equity F&O Intraday Margin Leverage | 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. |
Currency F&O Margin Leverage | 4x to 10x depending on the currency pair and contract type. |
Commodity F&O Intraday Margin Leverage | Does not offer trading in Commodity |
Commodity F&O Carry Forward Margin Leverage | Does not offer trading in Commodity |
Free Account Opening | ⛔No |
Free Brokerage | ✅Yes |
Free AMC | ✅Yes, on 'Lifetime free AMC' plan only |
Free Equity Delivery | ✅Yes |
Free F&O Trading | ✅Yes |
Free Intraday Trading | ✅Yes |
Free Trading calls | ✅Yes |
Happy Trading Hours | ⛔No |
Flexible Brokerage Plans | ✅Yes |
Referral Offers | ✅Yes |
Margin Funding (MTF)/ Pledging | ✅Yes |
Brokerage Cashback | ⛔No |
Zero Brokerage for Loss Making Trades | ⛔No |
Relationship Manager | ⛔No |
Equity Delivery | ✅Yes |
Equity Intraday | ✅Yes |
Equity Futures | ✅Yes |
Equity Options | ✅Yes |
Currency Futures | ✅Yes |
Currency Options | ✅Yes |
Commodity Futures | ⛔No |
Commodity Options | ⛔No |
Foreign Stocks | ⛔No |
Mutual Funds | ✅Yes |
Banking | ⛔No |
Insurance | ⛔No |
Corporate Bonds | ⛔No |
Govt. Bonds | ⛔No |
Digital Gold | ⛔No |
Market Order | ✅Yes |
Limit Order | ✅Yes |
Bracket Order | ✅Yes |
Cover Order | ✅Yes |
After Market Order (AMO) | ✅Yes |
Good Till Cancelled (GTC) | ✅Yes |
Buy Today Sell Tomorrow (BTST) | ⛔No |
Sell Today Buy Tomorrow (STBT) | ⛔No |
Annual Reports | ⛔No |
Company Reports | ⛔No |
Research Reports | ⛔No |
Fundamental Reports | ✅Yes, Basic only |
IPO Reports | ✅Yes |
Technical Reports | ✅Yes, Basic only |
Stock tips | ⛔No |
Daily Market Review | ⛔No |
Monthly Review | ⛔No |
Weekly Review | ⛔No |
Robo Advisory | ⛔No |
Equity Delivery STT & CTT | 0.1% on buy & sell |
Equity Intraday STT & CTT | 0.025% on the sell side |
Equity Futures STT & CTT | 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 |
Currency Futures STT & CTT | No STT |
Currency Options STT & CTT | No STT |
Commodity Futures STT & CTT | Does not offer Commodity trading |
Commodity Options STT & CTT | Does not offer Commodity trading |
Watchlist | ✅Yes |
Real Time Updates | ✅Yes |
Portfolio Details | ✅Yes |
Price Alert | ✅Yes |
Online Mutual Fund Buy | ✅Yes |
Global indices | ⛔No |
Customized Recommendations | ⛔No |
Advanced charting | ✅Yes |
Live market | ✅Yes |
Multiple Profile Management | ⛔No |
Secure Platform | ✅Yes |
Android App | ✅Yes |
iOS App | ✅Yes |
Web Trading Platform | ✅Yes |
Trading Terminal | ⛔No |
Algo Trading Platform | ⛔No |
Foreign Stocks Trading Platform | ⛔No |
Basket Trading Platform | ✅Yes |
Mutual Fund Investment Platform | ✅Yes |
Digital Gold Investment Platform | ⛔No |
Bonds Investment Platform | ⛔No |
Equity Delivery Transaction Charges | NSE: 0.00325%, BSE: 0.00375% |
Equity Intraday Transaction Charges | NSE: 0.00325%, BSE: 0.00375% |
Equity Futures Transaction Charges | NSE: 0.0019% |
Equity Options Transaction Charges | NSE: 0.050% (on premium) |
Currency Futures Transaction Charges | NSE: Exchange txn charge: 0.0009% |
Currency Options Transaction Charges | NSE: Exchange txn charge: 0.035% |
Commodity Futures Transaction Charges | Does not offer |
Commodity Options Transaction Charges | Does not offer |
Equity Delivery Stamp Duty | 0.015% or ₹1500 / crore on buy side |
Equity Intraday Stamp Duty | 0.003% or ₹300 / crore on buy side |
Equity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side |
Equity Options Stamp Duty | 0.003% or ₹300 / crore on buy side |
Currency Futures Stamp Duty | 0.0001% or ₹10 / crore on buy side |
Currency Options Stamp Duty | 0.0001% or ₹10 / crore on buy side |
Commodity Futures Stamp Duty | Does not offer |
Commodity Options Stamp Duty | Does not offer |
SEBI Turnover Charges | ₹10/crore (For all segments) |
DP Charges | ₹12 + GST per ISIN per transaction per day |
GST charges | 18% of (brokerage + transaction charges + Demat) |
Account Closure Charges | Free |
Reactivation Charges | Free |
Dematerialization Charges | ₹150 per certificate + ₹100 courier charges |
Call and Trade charges | ₹0 |