m.Stock⭐ 8.9/10
Upstox⭐ 9.2/10m.Stock vs Upstox Comparison
Compare brokerage charges, trading platforms, technical features, pros, cons, and account opening times to see which Demat account is best for you.
m.Stock vs Upstox: Too Close to Call
m.Stock (rated 8.9) and Upstox (rated 9.2) are highly competitive. If you want to minimize upfront charges, choose m.Stock (pricing is Rs 999 (Zero Brokerage Plan) vs Free). If you prefer a platform built for technical charting, choose m.Stock.
📊 Charges & Pricing Comparison
| Fee / Segment | m.Stock | Upstox |
|---|---|---|
| Account Opening Fee | Rs 999 (Zero Brokerage Plan) | Free |
| Account AMC (Annual) | Rs 999 for Lifetime Free (or Rs 120/qtr) | Rs 150 / year |
| Equity Delivery | Rs 0 | Rs 20 or 0.1% |
| Intraday Brokerage | Rs 0 | Rs 20 or 0.05% |
| Futures & Options | Rs 0 | Rs 20 per order |
| Commodity Trading | Rs 0 | Rs 20 per order |
| Other / DP Charges | Demat AMC | Standard DP charges |
| Account Opening Time | 15 Minutes | 10 Minutes |
💻 Trading Tools & Platforms
| Platform Feature | m.Stock | Upstox |
|---|---|---|
| Margin Trading (MTF) | ✅ Available | ✅ Available |
| Advisory & Tips | ✅ Yes | ❌ No |
| Trading API Access | ❌ No | ✅ Free API |
| Advanced Charts | ✅ Yes | ✅ Yes |
| Web Interface | Modern, fast, browser-based trading platform with TradingView charts. | Modern, fast, browser-based trading platform with TradingView charts. |
| Mobile Trading App | Highly rated mobile app available on iOS and Android with biometric login. | Highly rated mobile app available on iOS and Android with biometric login. |
m.Stock Pros & Cons
Pros
- ✅ Literally Rs 0 brokerage across all segments
- ✅ Backed by a massive global financial brand
- ✅ Great for scalpers
Cons
- ❌ High initial onboarding fee
- ❌ App stability during peak hours has been critiqued
Upstox Pros & Cons
Pros
- ✅ Backing of top investors
- ✅ Fast order execution
- ✅ Pro and Invest modes in app
Cons
- ❌ Customer support can be slow
- ❌ Delivery is not completely free
❓ FAQs: m.Stock vs Upstox
Which is cheaper between m.Stock and Upstox?
m.Stock charges Rs 0 for delivery trades and Rs 0 for intraday, with an AMC of Rs 999 for Lifetime Free (or Rs 120/qtr). Meanwhile, Upstox charges Rs 20 or 0.1% for delivery and Rs 20 or 0.05% for intraday, with an AMC of Rs 150 / year. In terms of onboarding costs, m.Stock is Rs 999 (Zero Brokerage Plan) compared to Upstox's Free.
Who has a better mobile app: m.Stock or Upstox?
m.Stock's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". In comparison, Upstox's mobile app offers: "Highly rated mobile app available on iOS and Android with biometric login.". If you require advanced charting tools directly on your phone, both platforms support TradingView integrations but execution layouts vary.
Is m.Stock safer to use than Upstox?
Both m.Stock and Upstox are SEBI-registered brokers regulated in India, meaning your shares are safely held with central government-backed depositories (NSDL/CDSL). However, m.Stock has a rating of 8.9/10, reflecting their complaint ratio and client size, while Upstox has a rating of 9.2/10.