m.Stock vs Shoonya
Compare m.Stock and Shoonya brokerage, AMC, DP charges, trading products and verified conditions.
Catalogue published . Field evidence was checked between 30 October 2026 and 2 November 2026. Values retain their plan conditions and field-level dates.
At a glance
Headline values; conditions, caps and minimums remain part of each entry.
| Charge | m.Stock | Shoonya |
|---|---|---|
| Equity delivery | ₹10 / executed order + applicable taxSelected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹0 / executed order + applicable taxSelected ordinary resident-retail plan. Taxes and statutory charges are separate. |
| Equity intraday | ₹10 / executed order + applicable taxSelected published resident-retail plan. Applicable tax and statutory charges are separate. | 0.03%, capped at ₹5 / executed order + applicable taxSelected ordinary resident-retail plan. Taxes and statutory charges are separate. |
| Equity options | ₹10 / executed order + applicable taxSelected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹5 / executed order + applicable taxSelected ordinary resident-retail plan. Taxes and statutory charges are separate. |
| Account opening | ₹0 / account + applicable taxSelected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹0 / account + applicable taxIndividual retail opening. |
| Annual maintenance | ₹0 / year + applicable taxSelected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹0 / year + applicable taxIndividual accounts; ₹900 corporate/trust/LLP AMC excluded. |
| DP debit | ₹18 / debit event + applicable taxSelected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹9 / debit event + applicable tax₹9 + GST per scrip debit. |
Key differences between m.Stock and Shoonya
- For equity delivery, m.Stock lists ₹10 / executed order + applicable tax, while Shoonya lists ₹0 / executed order + applicable tax. Statutory and exchange charges remain separate unless the displayed value says otherwise.
- For equity intraday, m.Stock lists ₹10 / executed order + applicable tax, while Shoonya lists 0.03%, capped at ₹5 / executed order + applicable tax. Statutory and exchange charges remain separate unless the displayed value says otherwise.
- For equity options, m.Stock lists ₹10 / executed order + applicable tax, while Shoonya lists ₹5 / executed order + applicable tax. Statutory and exchange charges remain separate unless the displayed value says otherwise.
- For equity futures, m.Stock lists ₹10 / executed order + applicable tax, while Shoonya lists 0.03%, capped at ₹5 / executed order + applicable tax. Statutory and exchange charges remain separate unless the displayed value says otherwise.
- m.Stock and Shoonya show the same annual maintenance headline (₹0 / year + applicable tax), but their published charging rules or plan conditions differ. Statutory and exchange charges remain separate unless the displayed value says otherwise.
Broker comparison workspace
| Features | ||
|---|---|---|
| Official website | Official website | Official website |
| Equity deliveryBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹10 / executed order + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹0 / executed order + applicable tax Selected ordinary resident-retail plan. Taxes and statutory charges are separate. |
| Equity intradayBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹10 / executed order + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. | 0.03%, capped at ₹5 / executed order + applicable tax Selected ordinary resident-retail plan. Taxes and statutory charges are separate. |
| Equity futuresBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹10 / executed order + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. | 0.03%, capped at ₹5 / executed order + applicable tax Selected ordinary resident-retail plan. Taxes and statutory charges are separate. |
| Equity optionsBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹10 / executed order + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹5 / executed order + applicable tax Selected ordinary resident-retail plan. Taxes and statutory charges are separate. |
| Currency derivativesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Not yet verified A current, sufficiently specific official source has not established this field. |
| Commodity derivativesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Not yet verified A current, sufficiently specific official source has not established this field. |
| Account openingBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / account + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹0 / account + applicable tax Individual retail opening. |
| Annual maintenanceBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / year + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹0 / year + applicable tax Individual accounts; ₹900 corporate/trust/LLP AMC excluded. |
| DP debitBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹18 / debit event + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹9 / debit event + applicable tax ₹9 + GST per scrip debit. |
| Plan subscriptionBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / year + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹0 / year + applicable tax Standard platform fee explicitly zero. |
| Pledge / unpledgeCompared for the displayed retail plan and account scope; availability can have conditions. | ₹32 per pledge request; taxes may apply Selected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹20 / instruction Pledge and unpledge each charged; confirm applicable taxes. |
| Stocks & ETFsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Published product availability; activation and eligibility restrictions apply. | Available Listed in official products; activation and eligibility restrictions apply. |
| Direct mutual fundsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Available Official product availability; direct mutual funds expressly identified. |
| IPO applicationsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Published product availability; activation and eligibility restrictions apply. | Available Listed in official products; activation and eligibility restrictions apply. |
| Futures & optionsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Published product availability; activation and eligibility restrictions apply. | Available Listed in official products; activation and eligibility restrictions apply. |
| BondsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Available Official product availability; direct mutual funds expressly identified. |
| Call & tradeCompared for the displayed retail plan and account scope; availability can have conditions. | ₹0 service fee; ordinary brokerage and taxes still apply Selected published resident-retail plan. Applicable tax and statutory charges are separate. | ₹0 Call-and-trade service fee; ordinary brokerage remains applicable. |
| Auto square-offCompared for the displayed retail plan and account scope; availability can have conditions. | ₹100 per squared-off position; taxes may apply Selected published resident-retail plan. Applicable tax and statutory charges are separate. | Not yet verified A current, sufficiently specific official source has not established this field. |
| Funding & transfersCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Not yet verified A current, sufficiently specific official source has not established this field. |
| Resident account scopeCompared for the displayed retail plan and account scope; availability can have conditions. | Resident individual Resident individual, ordinary self-directed trades. NRI, corporate, BSDA concessions, promotions and dealer-assisted plans are excluded unless stated. | Resident individual Resident individual, ordinary trades. NRI, corporate, BSDA concessions, promotions and premium add-ons excluded unless stated. |
| Demat arrangementCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | CDSL Broker-stated participant registration. |
| BSDA eligibilityCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Not yet verified A current, sufficiently specific official source has not established this field. |
| OnboardingCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Not yet verified A current, sufficiently specific official source has not established this field. |
| WithdrawalsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Not yet verified A current, sufficiently specific official source has not established this field. |
| Web & mobile platformsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Desktop, web and mobile Published platforms. |
| Order typesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | GTT orders Exchange/segment restrictions apply. |
| Charting & alertsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | TradingView charts Published integration. |
| ReportsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Not yet verified A current, sufficiently specific official source has not established this field. |
| Trading API & chargesCompared for the displayed retail plan and account scope; availability can have conditions. | Trading API availability is published; entitlement conditions apply Selected published resident-retail plan. Applicable tax and statutory charges are separate. | Not yet verified A current, sufficiently specific official source has not established this field. |
| MTF rates & basisCompared for the displayed retail plan and account scope; availability can have conditions. | Starting at 8.99% p.a.; applicable slab and funded balance conditions apply Selected published resident-retail plan. Applicable tax and statutory charges are separate. | Daily rupee slabs, not a single rate ₹5/day for ₹1–10,000; rises by balance slab, to ₹250/day for ₹4–5 lakh. Full slab schedule and funding-period definition are in the terms. Excluded from trade estimates. |
| MTF eligibility & pledgeCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Not yet verified A current, sufficiently specific official source has not established this field. |
| Support channels & hoursCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Live chat, email, phone and PRISM tickets Service hours and response times not independently tested. |
| Escalation & grievanceCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Not yet verified A current, sufficiently specific official source has not established this field. |
| Branch availabilityCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. | Not yet verified A current, sufficiently specific official source has not established this field. |
| Legal entityCompared for the displayed retail plan and account scope; availability can have conditions. | Mirae Asset Capital Markets (India) Private Limited Legal entity stated by the broker; not an endorsement. | Finvasia Securities Private Limited Legal entity stated by the broker; not an endorsement. |
| Registrations & membershipsCompared for the displayed retail plan and account scope; availability can have conditions. | INZ000163138; IN-DP-589-2021 Broker-stated registration; independent exchange matching is not asserted. | INZ000176037; IN-DP-317-2017 Broker-stated registration. Independent exchange matching has not been asserted. |
Official website
- m.Stock
- Official website
- Shoonya
- Official website
Equity deliveryBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- m.Stock, Published resident-retail plan
- ₹10 / executed order + applicable tax
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- ₹0 / executed order + applicable tax
Selected ordinary resident-retail plan. Taxes and statutory charges are separate.
Equity intradayBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- m.Stock, Published resident-retail plan
- ₹10 / executed order + applicable tax
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- 0.03%, capped at ₹5 / executed order + applicable tax
Selected ordinary resident-retail plan. Taxes and statutory charges are separate.
Equity futuresBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- m.Stock, Published resident-retail plan
- ₹10 / executed order + applicable tax
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- 0.03%, capped at ₹5 / executed order + applicable tax
Selected ordinary resident-retail plan. Taxes and statutory charges are separate.
Equity optionsBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- m.Stock, Published resident-retail plan
- ₹10 / executed order + applicable tax
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- ₹5 / executed order + applicable tax
Selected ordinary resident-retail plan. Taxes and statutory charges are separate.
Currency derivativesCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
Commodity derivativesCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
Account openingBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- m.Stock, Published resident-retail plan
- ₹0 / account + applicable tax
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- ₹0 / account + applicable tax
Individual retail opening.
Annual maintenanceBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- m.Stock, Published resident-retail plan
- ₹0 / year + applicable tax
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- ₹0 / year + applicable tax
Individual accounts; ₹900 corporate/trust/LLP AMC excluded.
DP debitBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- m.Stock, Published resident-retail plan
- ₹18 / debit event + applicable tax
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- ₹9 / debit event + applicable tax
₹9 + GST per scrip debit.
Plan subscriptionBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included.
- m.Stock, Published resident-retail plan
- ₹0 / year + applicable tax
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- ₹0 / year + applicable tax
Standard platform fee explicitly zero.
Pledge / unpledgeCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- ₹32 per pledge request; taxes may apply
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- ₹20 / instruction
Pledge and unpledge each charged; confirm applicable taxes.
Stocks & ETFsCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Available
Published product availability; activation and eligibility restrictions apply.
- Shoonya, Standard · resident retail
- Available
Listed in official products; activation and eligibility restrictions apply.
Direct mutual fundsCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Available
Official product availability; direct mutual funds expressly identified.
IPO applicationsCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Available
Published product availability; activation and eligibility restrictions apply.
- Shoonya, Standard · resident retail
- Available
Listed in official products; activation and eligibility restrictions apply.
Futures & optionsCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Available
Published product availability; activation and eligibility restrictions apply.
- Shoonya, Standard · resident retail
- Available
Listed in official products; activation and eligibility restrictions apply.
BondsCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Available
Official product availability; direct mutual funds expressly identified.
Call & tradeCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- ₹0 service fee; ordinary brokerage and taxes still apply
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- ₹0
Call-and-trade service fee; ordinary brokerage remains applicable.
Auto square-offCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- ₹100 per squared-off position; taxes may apply
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
Funding & transfersCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
Resident account scopeCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Resident individual
Resident individual, ordinary self-directed trades. NRI, corporate, BSDA concessions, promotions and dealer-assisted plans are excluded unless stated.
- Shoonya, Standard · resident retail
- Resident individual
Resident individual, ordinary trades. NRI, corporate, BSDA concessions, promotions and premium add-ons excluded unless stated.
Demat arrangementCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- CDSL
Broker-stated participant registration.
BSDA eligibilityCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
OnboardingCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
WithdrawalsCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
Web & mobile platformsCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Desktop, web and mobile
Published platforms.
Order typesCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- GTT orders
Exchange/segment restrictions apply.
Charting & alertsCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- TradingView charts
Published integration.
ReportsCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
Trading API & chargesCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Trading API availability is published; entitlement conditions apply
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
MTF rates & basisCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Starting at 8.99% p.a.; applicable slab and funded balance conditions apply
Selected published resident-retail plan. Applicable tax and statutory charges are separate.
- Shoonya, Standard · resident retail
- Daily rupee slabs, not a single rate
₹5/day for ₹1–10,000; rises by balance slab, to ₹250/day for ₹4–5 lakh. Full slab schedule and funding-period definition are in the terms. Excluded from trade estimates.
MTF eligibility & pledgeCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
Support channels & hoursCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Live chat, email, phone and PRISM tickets
Service hours and response times not independently tested.
Escalation & grievanceCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
Branch availabilityCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Not yet verified
A current, sufficiently specific official source has not established this field.
- Shoonya, Standard · resident retail
- Not yet verified
A current, sufficiently specific official source has not established this field.
Legal entityCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- Mirae Asset Capital Markets (India) Private Limited
Legal entity stated by the broker; not an endorsement.
- Shoonya, Standard · resident retail
- Finvasia Securities Private Limited
Legal entity stated by the broker; not an endorsement.
Registrations & membershipsCompared for the displayed retail plan and account scope; availability can have conditions.
- m.Stock, Published resident-retail plan
- INZ000163138; IN-DP-589-2021
Broker-stated registration; independent exchange matching is not asserted.
- Shoonya, Standard · resident retail
- INZ000176037; IN-DP-317-2017
Broker-stated registration. Independent exchange matching has not been asserted.
Credivant broker comparison · 1
Full selected comparison · brokers-2026-11-03-pilot-1 · published 2026-11-03 · evaluated 2026-11-07.
| Features | ||
|---|---|---|
| Official website | Official website | Official website |
| Brokerage | ||
| Equity deliveryBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹10 / executed order + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | ₹0 / executed order + applicable tax Selected ordinary resident-retail plan. Taxes and statutory charges are separate. Checked 2026-10-30. |
| Equity intradayBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹10 / executed order + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | 0.03%, capped at ₹5 / executed order + applicable tax Selected ordinary resident-retail plan. Taxes and statutory charges are separate. Checked 2026-10-30. |
| Equity futuresBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹10 / executed order + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | 0.03%, capped at ₹5 / executed order + applicable tax Selected ordinary resident-retail plan. Taxes and statutory charges are separate. Checked 2026-10-30. |
| Equity optionsBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹10 / executed order + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | ₹5 / executed order + applicable tax Selected ordinary resident-retail plan. Taxes and statutory charges are separate. Checked 2026-10-30. |
| Currency derivativesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| Commodity derivativesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| Account charges | ||
| Account openingBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / account + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | ₹0 / account + applicable tax Individual retail opening. Checked 2026-10-30. |
| Annual maintenanceBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / year + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | ₹0 / year + applicable tax Individual accounts; ₹900 corporate/trust/LLP AMC excluded. Checked 2026-10-30. |
| DP debitBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹18 / debit event + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | ₹9 / debit event + applicable tax ₹9 + GST per scrip debit. Checked 2026-10-30. |
| Plan subscriptionBroker fee only. Statutory, exchange and tax charges may apply unless the value says they are included. | ₹0 / year + applicable tax Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | ₹0 / year + applicable tax Standard platform fee explicitly zero. Checked 2026-10-30. |
| Pledge / unpledgeCompared for the displayed retail plan and account scope; availability can have conditions. | ₹32 per pledge request; taxes may apply Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | ₹20 / instruction Pledge and unpledge each charged; confirm applicable taxes. Checked 2026-10-30. |
| Products | ||
| Stocks & ETFsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Published product availability; activation and eligibility restrictions apply. Checked 2026-11-02. | Available Listed in official products; activation and eligibility restrictions apply. Checked 2026-10-30. |
| Direct mutual fundsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Available Official product availability; direct mutual funds expressly identified. Checked 2026-10-30. |
| IPO applicationsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Published product availability; activation and eligibility restrictions apply. Checked 2026-11-02. | Available Listed in official products; activation and eligibility restrictions apply. Checked 2026-10-30. |
| Futures & optionsCompared for the displayed retail plan and account scope; availability can have conditions. | Available Published product availability; activation and eligibility restrictions apply. Checked 2026-11-02. | Available Listed in official products; activation and eligibility restrictions apply. Checked 2026-10-30. |
| BondsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Available Official product availability; direct mutual funds expressly identified. Checked 2026-10-30. |
| Other trading charges | ||
| Call & tradeCompared for the displayed retail plan and account scope; availability can have conditions. | ₹0 service fee; ordinary brokerage and taxes still apply Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | ₹0 Call-and-trade service fee; ordinary brokerage remains applicable. Checked 2026-10-30. |
| Auto square-offCompared for the displayed retail plan and account scope; availability can have conditions. | ₹100 per squared-off position; taxes may apply Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| Funding & transfersCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| Account features | ||
| Resident account scopeCompared for the displayed retail plan and account scope; availability can have conditions. | Resident individual Resident individual, ordinary self-directed trades. NRI, corporate, BSDA concessions, promotions and dealer-assisted plans are excluded unless stated. Checked 2026-11-02. | Resident individual Resident individual, ordinary trades. NRI, corporate, BSDA concessions, promotions and premium add-ons excluded unless stated. Checked 2026-10-30. |
| Demat arrangementCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | CDSL Broker-stated participant registration. Checked 2026-10-30. |
| BSDA eligibilityCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| OnboardingCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| WithdrawalsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| Platforms & tools | ||
| Web & mobile platformsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Desktop, web and mobile Published platforms. Checked 2026-10-30. |
| Order typesCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | GTT orders Exchange/segment restrictions apply. Checked 2026-10-30. |
| Charting & alertsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | TradingView charts Published integration. Checked 2026-10-30. |
| ReportsCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| Trading API & chargesCompared for the displayed retail plan and account scope; availability can have conditions. | Trading API availability is published; entitlement conditions apply Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| MTF & funding | ||
| MTF rates & basisCompared for the displayed retail plan and account scope; availability can have conditions. | Starting at 8.99% p.a.; applicable slab and funded balance conditions apply Selected published resident-retail plan. Applicable tax and statutory charges are separate. Checked 2026-11-02. | Daily rupee slabs, not a single rate ₹5/day for ₹1–10,000; rises by balance slab, to ₹250/day for ₹4–5 lakh. Full slab schedule and funding-period definition are in the terms. Excluded from trade estimates. Checked 2026-10-30. |
| MTF eligibility & pledgeCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| Support | ||
| Support channels & hoursCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Live chat, email, phone and PRISM tickets Service hours and response times not independently tested. Checked 2026-10-30. |
| Escalation & grievanceCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| Branch availabilityCompared for the displayed retail plan and account scope; availability can have conditions. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. | Not yet verified A current, sufficiently specific official source has not established this field. Checked not established. |
| Regulatory information | ||
| Legal entityCompared for the displayed retail plan and account scope; availability can have conditions. | Mirae Asset Capital Markets (India) Private Limited Legal entity stated by the broker; not an endorsement. Checked 2026-11-02. | Finvasia Securities Private Limited Legal entity stated by the broker; not an endorsement. Checked 2026-10-30. |
| Registrations & membershipsCompared for the displayed retail plan and account scope; availability can have conditions. | INZ000163138; IN-DP-589-2021 Broker-stated registration; independent exchange matching is not asserted. Checked 2026-11-02. | INZ000176037; IN-DP-317-2017 Broker-stated registration. Independent exchange matching has not been asserted. Checked 2026-10-30. |
Scenario · last calculated inputs
1 identical executed order(s) per side; roundtrip; NSE; turnover per order ₹1,00,000; 12-month period; first year. Annual fees charged in full. Delivery sells use 1 supplied debit event(s). Resident retail, ordinary trades only.
m.Stock · Published resident-retail plan: ₹38 (incomplete subtotal). No current approved statutory/exchange schedule
Shoonya · Standard · resident retail: ₹9 (incomplete subtotal). No current approved statutory/exchange schedule
Evidence and methodology
Credivant transforms the versioned broker catalogue into the table above without replacing missing values with zero. Each value keeps its status, plan scope, conditions and check date. The official website row is provided for current confirmation.
m.Stock vs Shoonya questions
What are the equity-delivery charges for m.Stock and Shoonya?
For the plans displayed in this comparison, m.Stock shows ₹10 / executed order + applicable tax; Shoonya shows ₹0 / executed order + applicable tax. Selected published resident-retail plan. Applicable tax and statutory charges are separate. Selected ordinary resident-retail plan. Taxes and statutory charges are separate. Broker charges are separate from statutory, exchange and tax charges unless a value explicitly says otherwise.
Open the comparison workspaceHow does intraday brokerage compare between m.Stock and Shoonya?
The published intraday rules are: m.Stock shows ₹10 / executed order + applicable tax; Shoonya shows 0.03%, capped at ₹5 / executed order + applicable tax. Selected published resident-retail plan. Applicable tax and statutory charges are separate. Selected ordinary resident-retail plan. Taxes and statutory charges are separate. Broker charges are separate from statutory, exchange and tax charges unless a value explicitly says otherwise. A universal lower-cost result cannot be determined from the headline rates alone because the charging basis, minimums, caps or plan conditions can differ by order.
Open the comparison workspaceHow do m.Stock and Shoonya charge for futures and options?
m.Stock lists futures at ₹10 / executed order + applicable tax and options at ₹10 / executed order + applicable tax. Shoonya lists futures at 0.03%, capped at ₹5 / executed order + applicable tax and options at ₹5 / executed order + applicable tax. These are broker charges for the displayed plans; statutory and exchange charges remain separate.
Open the comparison workspaceHow do the AMC charges of m.Stock and Shoonya compare?
For annual maintenance under the displayed plans, m.Stock shows ₹0 / year + applicable tax; Shoonya shows ₹0 / year + applicable tax. Selected published resident-retail plan. Applicable tax and statutory charges are separate. Individual accounts; ₹900 corporate/trust/LLP AMC excluded. Broker charges are separate from statutory, exchange and tax charges unless a value explicitly says otherwise.
Open the comparison workspaceHow do the DP debit charges differ between m.Stock and Shoonya?
For a chargeable demat debit event, m.Stock shows ₹18 / debit event + applicable tax; Shoonya shows ₹9 / debit event + applicable tax. Selected published resident-retail plan. Applicable tax and statutory charges are separate. ₹9 + GST per scrip debit. Broker charges are separate from statutory, exchange and tax charges unless a value explicitly says otherwise.
Open the comparison workspaceWhen were the m.Stock and Shoonya charges last checked?
Verified fields carry source-check dates ranging from 30 October 2026 to 2 November 2026. The catalogue release was published 3 November 2026. Open a field’s evidence for its exact check and effective dates. These dates are not real-time price guarantees, so material decisions should also be confirmed on the broker’s official website.
Read the evidence methodologyDoes the lower brokerage broker always cost less overall?
No. A universal lower-cost result cannot be determined from the headline rates alone because the charging basis, minimums, caps or plan conditions differ. AMC, DP debits, subscriptions, taxes and exchange charges can also change the total for a specific trading pattern. Use the scenario estimator as an estimate, not a recommendation.
Open the comparison workspace