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mStock Review – 4 Things You Need To Know!

With numerous individuals looking for an additional source of income to meet their financial needs, an increase has been seen in the investment sector of the country.

Many individuals have started investing in stocks with a view of generating wealth and retirement funds for their future.

With technology kicking in and providing numerous online trading and investing platforms, it becomes imperative for an individual to choose the best and the most reliable platform to invest their money.

Founded by Hyeon Joo Park, mStock is launched by the Mirae Asset Financial Group which is a SEBI-registered broker that provides an online platform for individuals to meet their trading and investing needs.

This blog will help you gain knowledge about mStock and decide if it is the best-suited platform for you for trading and investment.

mStock Features

Considered to be one of the best platforms for new investors due to its user-friendly interface, mStock was launched in April 2022. It gained immense popularity as it provided accurate comparison charts for users to make informed investment decisions.

Some of mStock features include, but are not restricted to,  the following –

  • Market Data That is Available in Real Time – mStock provides its users with real-time market data that helps them to make timely and informed decisions about the selling or buying of the stocks.
  • Technical (Analysis) Tools – mStock is believed to have the best data as well as comparison charts that make investing decisions easier for the users as they can assess and analyze the various stocks and their standalone performance over time as well as their performance with respect to other stocks.
  • Customizable Watchlists – Based on the preferences of the user, they can create watchlists for the stocks that they are interested in or want to keep a watch on at one place.
  • Research as well as Insights – mStock also offers its users regular research reports as well as market insights to ensure that the investment decision made by them is accurate and well-informed.
  • Mobile Trading – The user can carry out their trading activities at any time and from anywhere with the ease of the mobile application offered by mStock.
  • Products – mStock is a trade paradise for investors as it offers its customers with a variety of products to trade in like IPO, Stocks, Currencies, Futures & Options, Mutual Funds as well as Margin Trading Facility.
  • Demat Account – mStock aids its customers in opening a Demat account in a simple manner making the process extremely easy and hassle-free.
  • Affordable Pricing – mStock provides all its services to its customers at affordable prices with zero brokerage (one-time payment option across all products) and no hidden charges.

mStock Brokerage

The return on investment can be greatly impacted by the commission or brokerage or fees that the user has to pay to their broker.

As mStock also provides brokerage services to its customers, it keeps in mind the financial cost that the customer may have to bear.

Generally, mStock brokerage offers competitive rates of brokerage that adhere to the market standards but currently, they have come up with an offer for its users wherein they can avail zero brokerage for a lifetime.

The user can pay a one-time fee of Rs. 999 (exclusive of GST and partner fees) to avail zero brokerage for life across products for delivery, futures and options, IPO, Intraday, Mutual funds and Currency.

OR

They can pay Rs. 0 and avail free delivery for life on delivery, IPO as well as mutual funds with Rs. 20 brokerage charges applicable on Currency, Intraday and Future and Options.

Further, with an optional one-time payment of Rs. 999 (exclusive of GST and partner fees), the user can also opt for free lifetime AMC as against the quarterly payment of Rs. 120.

mStock Customer Care

mStock has a dedicated team of professionals who are available to solve all the queries of their customers via a telephone line (1800-210-0818) as well as through email ([email protected]).

The mStock customer care support is available to its users during trading hours where their queries are addressed promptly and solved as soon as possible.

The mStock customer care makes sure that the queries of the customers are solved to ensure hassle-free trading activities. Moreover, the customer care support staff comprises of a team of qualified professionals experienced in the field of trading and investment as well as well-acquainted with the portal of mStock.

Further, mStock’s presence can also be seen on various social media platforms like Facebook, Instagram, LinkedIn, Twitter (X) as well as YouTube.

mStock Login

To carry out trading and investment activities, a user must have mStock login credentials.

For first time users, you will be asked to sign up and complete the following steps to complete your mStock login setup –

  • Phone Number – You will be required to provide your phone number.
  • Verification – To verify the phone number, an OTP will be sent to your number valid for 3 minutes that you will have to fill up.
  • E-mail ID – You will be required to provide your Email ID for all future correspondences
  • Verification – To verify the Email ID, an OTP will be sent to your ID valid for 3 minutes that you will have to fill up.
  • PAN Details – You will be required to fill in your PAN details
  • Date of Birth – You will be required to fill in your date of birth
  • Select Brokerage Account – You will have to choose between 2 brokerage accounts wherein you can either opt for paying a one-time amount of Rs.999 to avail free brokerage for life OR opt for a Rs.20 brokerage on every transaction account.
  • Select AMC Plan – You will have to choose between 2 AMC plans wherein you can either opt for payment of Rs. 999 as a one-time lifetime AMC fee OR a quarterly payment of Rs. 120 as AMC
  • Make Payment – Based on the plans selected, you will need to make the required payment and your account will be created.

Once the signup is complete, you can log in to your account with your credentials in the future.

Conclusion

mStock serves as one of the leading platforms of trading and investing for investors across the country.

For any new investor, the platform provides excellent insights and comparison charts to make their journey easy and hassle-free!

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