m.StockSEBI INZ000163138
- Account opening
- ₹0
- Demat AMC
- ₹0
- SME IPOs
- Not stated
- Delivery brokerage
- ₹10/order
- Cost to sell ₹15,000 of IPO shares
- ₹33.04Brokerage and DP with GST, ours
TradejiniSEBI INZ000160938
- Account opening
- ₹0
- Demat AMC
- Not stated
- SME IPOs
- Not stated
- Delivery brokerage
- ₹20/order
- Cost to sell ₹15,000 of IPO shares
- Not publishedBrokerage and DP with GST, ours
Where m.Stock and Tradejini differ
4 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | m.Stock | Tradejini |
|---|---|---|
| One mainboard lot, ₹15,000Brokerage ₹11.80 less at m.Stock; a DP charge is not published | ₹33.04 | ₹23.60 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Brokerage ₹11.80 less at m.Stock; a DP charge is not published | ₹33.04 | ₹23.60 brokerage; DP charge not published |
| A year: 12 mainboard lots soldBrokerage ₹141.60 less at m.Stock; a DP charge is not published | ₹396.48 | ₹283.20 brokerage; DP charge not published |
Ours: brokerage and DP charge with 18% GST. STT and exchange charges are equal everywhere, so they are left out. SME bids are two lots.
- Demat maintenance (AMC): ₹0 at m.Stock, not stated at Tradejini.
- Equity delivery brokerage: ₹10 per order at m.Stock, ₹20 per order at Tradejini.
- DP charge on selling shares: ₹18 plus GST per debit transaction at m.Stock, not stated at Tradejini.
The same at both: account opening, Mainboard IPOs and SME IPOs.
m.Stock vs Tradejini: charges side by side
Differs 4 of 7 charges differ between m.Stock and Tradejini. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | m.Stock | Tradejini |
|---|---|---|
| Open an account | ||
| Account opening | ₹0 | Free online |
| Demat maintenance (AMC) | ₹0 | Not stated on the pages we checked |
| Apply for IPOs | ||
| Mainboard IPOs | Yes, with a two-click application | Yes, ₹0 commission |
| SME IPOs | Not stated on the pages we checked | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | ₹10 per order | ₹20 per order |
| DP charge on selling shares | ₹18 plus GST per debit transaction | Not stated on the pages we checked |
| Registration | ||
| SEBI registration | INZ000163138 | INZ000160938 |
For other trading, equity intraday, Futures, Call and trade and Margin trading (MTF) interest differ too. Intraday, futures, call and trade and margin charges are on the m.Stock and Tradejini pages.
m.Stock and Tradejini strengths and things worth checking
m.Stock
Strengths
- ₹10 per order
- ₹0 AMC
- Free call and trade
Worth checking
- System square-off is costly
₹100 plus GST per order if m.Stock squares off your intraday position.
- DP charge
₹18 plus GST per sale.
Tradejini
Strengths
- Flat ₹20
- IPOs free
Worth checking
- AMC and DP charge not on the list of charges
Check them before you open an account.
Brokerage calculator: m.Stock vs Tradejini
| Charge | m.Stock | Tradejini |
|---|
Ours, with NSE rates. Change the trade to see what m.Stock and Tradejini would each charge.
Other comparisons
Every comparison with m.Stock or Tradejini, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, m.Stock or Tradejini?
Tradejini does not publish its DP charge, so the full cost of selling IPO shares cannot be compared. On brokerage alone, one mainboard lot (₹15,000) costs ₹11.80 less at m.Stock (our calculation). For two SME lots worth ₹2,50,000: m.Stock ₹33.04, Tradejini ₹23.60 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between m.Stock and Tradejini be over a year?
Not in full, because Tradejini does not publish its DP charge. On brokerage alone, 12 mainboard lots of ₹15,000 cost ₹141.60 less at m.Stock (our calculation).
Can I apply for SME IPOs on m.Stock and Tradejini?
Neither says clearly on its pages that SME IPOs can be applied for.
What is the demat AMC at m.Stock and Tradejini?
m.Stock: ₹0. Tradejini: not stated.
What brokerage do m.Stock and Tradejini charge when I sell IPO shares?
Selling allotted shares is a delivery trade. On a ₹15,000 sale the brokerage with GST is ₹11.80 at m.Stock and ₹23.60 at Tradejini (our calculation from their published rates).