Extracto:m.Stock, abbreviation for Mirae Asset Financial Group, is a global financial company based in India. It provides traders with access to products and services including IPO, Stocks, Currency, Futures & Options, Mutual Funds, MTF (eMargin). It is currently not regulated by any recognized financial authorities which may raise concerns when trading.
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
m.Stock Review Summary in 6 Points | |
Founded | 2017 |
Registered Country/Region | India |
Regulation | Not regulated |
Demo Account | Available |
Trading & Investment Products | IPO, Stocks, Currency, Futures & Options, Mutual Funds, MTF (eMargin) |
Trading Platforms | Web-based platform, Mobile App |
Customer Support | Phone, Address, Email, Social media |
m.Stock, abbreviation for Mirae Asset Financial Group, is a global financial company based in India. It provides traders with access to products and services including IPO, Stocks, Currency, Futures & Options, Mutual Funds, MTF (eMargin). It is currently not regulated by any recognized financial authorities which may raise concerns when trading.
In the following article, we will analyze the characteristics of this financial company from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the company's characteristics at a glance.
Pros | Cons |
• Wide range of financial products and services | • Not regulated |
• Zero brokerage and no commission | • Limited info on deposit/ withdrawal |
• Demo account available | |
• Multiple customer support channels |
When considering the safety of a financial service company like m.Stock or any other platform, it's important to conduct thorough research and consider various factors. Here are some steps you can take to assess the credibility and safety of a financial service company:
Regulatory sight: It is currently not regulated by any major financial authorities, which means that there is no guarantee that it is a safe platform to trade with.
User feedback: Read reviews and feedback from other clients to get an understanding of their experiences with the brokerage. Look for reviews on reputable websites and forums.
Security measures: m.Stock has a comprehensive privacy policy that outlines how user data is collected, stored, and utilized. The platform adheres to relevant data protection regulations to maintain the privacy and confidentiality of user information.
Ultimately, the decision of whether or not to trade with m.Stock is a personal one. You should weigh the risks and benefits carefully before making a decision.
m. Stock provides a wide array of trading & investment products that cater to the diverse needs of traders and investors. The platform's robust range of financial products includes:
IPOs: m. Stock enables investors to participate in initial public offerings, allowing them to invest in newly listed companies and potentially benefit from their growth and success.
Stocks: Traders can access a broad spectrum of stocks from established companies across different industries and regions, empowering them to build diversified portfolios and leverage market trends.
Currency Trading: m. Stock offers currency trading, granting participants access to the dynamic forex market, where they can speculate on exchange rate movements and potentially profit from currency fluctuations.
Futures & Options: With futures and options trading, users can engage in contracts based on various financial assets, commodities, and market indices, providing opportunities for risk management and potential profitability.
Mutual Funds: m. Stock facilitates access to mutual funds, providing a convenient way for investors to pool their resources and invest in a diversified portfolio managed by professional fund managers.
Margin Trading Facility (eMargin): The platform offers a Margin Trading Facility (eMargin) with a lowest interest rate from 6.99%, empowering traders with leverage to magnify their trading positions and potentially amplify their gains and market exposure.
m.Stock provides a comprehensive trading experience with the offering of both demo and live trading accounts, and a unique advantage of zero brokerage for life and no commission on live trading accounts.
To open a live trading account, traders are required to follow below process:
Provide their personal details, including PAN, Aadhaar, and Bank details, as part of the initial registration process.
Following this, users get the opportunity to choose between two account options - the ₹0 Brokerage Account or the Free Delivery Account - based on their preferred trading style and needs. After selecting the desired account type, traders need to make the required payment to activate their live trading account.
Finally, to ensure compliance with regulatory guidelines, m.Stock completes the process by prompting traders to undergo the online KYC (Know Your Customer) process. During this step, traders are required to upload relevant identification proofs and electronically sign the necessary documents.
m.Stock offers traders a versatile and accessible trading experience through its web-based trading platform and intuitive mobile app. The mobile app is equipped with a wide range of features designed to enhance trading efficiency and convenience. Traders can execute trades with ease using the 1-click order placement feature, while advanced charts provide comprehensive insights for informed decision-making. The one view portfolio allows users to monitor their holdings effortlessly, and the zero-pricing option ensures cost-effective trading. For in-depth analysis, traders can utilize the option chain analysis tool. Advanced order options cater to various trading strategies, while price alerts keep traders updated on market movements. Live market data ensures real-time information for swift and accurate decision-making. The mobile app's most innovative feature, Voice Assistant MIRA, allows traders to interact hands-free and execute orders or access information via voice commands, enhancing accessibility and efficiency. Furthermore, m.Stock stands out with its Superior Margin Trading Facility, enabling traders to leverage their positions with ease and amplify their trading potential.
m.Stock applies no commissions but trading fees to its services, although the specific details of these charges vary according to different products and services. To obtain accurate and up-to-date information regarding commissions and related trading fees, clients are encouraged to visit the relevant page on m.Stocks website or directly consult with the company. By doing so, clients can obtain comprehensive details on the commission structure, any applicable fees, and any other trading costs associated with their specific investment activities.
https://www.mstock.com/pricing
m.Stock provides multiple customer service options to assist its clients. Customers can reach out to m.Stock through various channels to address their queries and concerns as below:
Address: 1st Floor, Tower 4, Equinox Business Park, LBS Marg, Off BKC, Kurla (W), Mumbai - 400 070
Email: help@mstock.com; compliance.officer@mstock.com; ceo@mstock.com.
Besides of above, m.Stock also maintains social media accounts such as Twitter, Facebook, YouTube, Instagram.
Furthermore, m.Stock offers a dedicated Frequently Asked Questions (FAQ) page to provide users with comprehensive answers to common inquiries and assist them in navigating the platform's features and services effectively.
In absence of response/complaint not addressed to clients satisfaction, clients can lodge a complaint with SEBI at https://scores.gov.in/scores/Welcome.html or NSE Exchange at https:/investorhelpline.nseindia.com/NICEPLUS/. or BSE Exchange at https://bsecrs.bseindia.com/ecomplaint/frmInvestorHome.aspx or CDSL at https://www.cdslindia.com/Footer/grievances.aspx or MCX at https://www.mcxindia.com/Investor-Services/grievances/register-e-complaint
m.Stock equips its users with a wealth of educational resources to enhance their trading expertise and decision-making.
The platform offers a Knowledge Center, a hub of comprehensive articles and tutorials covering various trading topics, empowering users to expand their understanding of the financial markets.
The Glossary page provides clarity on essential trading terminologies, aiding users in grasping critical concepts with ease.
For visual learners, m.Stock presents the Stock Market Video Library, featuring informative videos on market analysis and trading strategies.
Additionally, traders can access MTF (Margin Trading Facility) Stock Lists, assisting them in making well-informed decisions about leveraged positions.
According to available information, m.Stock is a non-regulated India -based financial service company. It provides traders with a comprehensive range of financial products and services including IPO, Stocks, Currency, Futures & Options, Mutual Funds, MTF (eMargin). However, it is important to consider certain factors such as lack of regulations that may raise concerns, it is critical that potential clients exercise caution, conduct thorough research and seek up-to-date information directly from m.Stock before making any investment decisions.
Q 1: | Is m.Stock regulated? |
A 1: | No. It has been verified that this company currently has no valid regulation. |
Q 2: | Is m.Stock a good broker for beginners? |
A2: | No. It is not a good choice for beginners since its current not under regulation by any recognized financial authorities. |
Q 3: | Whats the products and services of m.Stock? |
A 3: | m.Stock provides traders with a comprehensive range of financial products and services including IPO, Stocks, Currency, Futures & Options, Mutual Funds, MTF (eMargin). |
Q 4: | Does m.Stock offer demo accounts? |
A 4: | Yes. |