Zerodha
India's largest stockbroker by client base
4.6/ 5
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
Compare Zerodha with others →Broker review
m.Stock review
Mirae Asset's flat-₹10 ticket for cost-obsessed traders
4.0/ 5App: 4.1/5
- Since 2022
- Delivery ₹10 per order
- AMC ₹0
Open an account with m.StockCompare m.Stock →SEBI-registered stockbroker via Mirae Asset Capital Markets (India) Pvt Ltd
Reviewed by LetsInvest Research DeskUpdated 14 Sept 2026Pricing verified 14 Sept 2026How we test
Fees & pricing4.6
Trading platforms4.0
Customer support3.6
Research & education3.0
Ease of opening4.2
Overview
Mirae Asset's retail broking arm pitches zero account, AMC, platform and call-and-trade fees with a flat ₹10-per-order table across equity, intraday, futures and options.
Best for: Cost-sensitive high-frequency traders preferring a ₹10 ticket.
Pros & cons
What we like
- Cheapest headline flat rate: ₹10 vs ₹20 peers
- ₹0 AMC, opening, platform and call-and-trade
- Full statutory table on one pricing page
Watch out for
- Ongoing ₹10 per order, not the zero the branding suggests
- DP ₹18 and RMS ₹100 sit above peers
- IPO, US and API support need confirmation
Fees & charges
Account charges
- Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
- ₹0 (free)✓ Verified 14/9/2026
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- ₹0✓ Verified 14/9/2026
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- ₹10 per order✓ Verified 14/9/2026
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- ₹10 per order✓ Verified 14/9/2026
- DP charge (sell)Charged when shares leave your demat on a sell (delivery). Goes mostly to the depository, not the broker.
- ₹18 + GST per debit✓ Verified 14/9/2026
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹10 per order✓ Verified 14/9/2026
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- ₹10 per order✓ Verified 14/9/2026
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
What you can invest in
- Stocks (delivery)
- ✓ Yes
- Intraday
- ✓ Yes
- Futures & options
- ✓ Yes
- Mutual funds
- ✓ Yes
- IPO
- —
- US stocks
- —
- Trading API
- —
Platforms & features
platforms
- Mobile app✓ · m.Stock app (Android + iOS)
research
- Research & advisory—
support
- Customer support✓ · Zero-fee call-and-trade
Support & company
Customer support
Zero-fee call-and-trade
Company facts
- Founded
- 2022
- Regulation
- SEBI-registered stockbroker via Mirae Asset Capital Markets (India) Pvt Ltd
The cleanest low-flat-fee pitch, Mirae Asset-backed; verify MTF and API details before committing.
How to open a m.Stock account
Start your application
Open the m.Stock signup with your mobile number and email — it takes about 10 minutes.
Complete e-KYC
Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).
E-sign documents
Digitally sign the account-opening form and nomination details via Aadhaar e-sign.
Get your client ID
Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.
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How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.