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Shiraverse Latest Questions

finance
finance
Asked: 2 months agoIn: Finance, Financial Planning & Management, Retirement & Pension

What’s the biggest financial lie people believe?

Finance
  1. Raju Kumar
    Raju Kumar
    Added an answer about 2 months ago

    You need a high salary to get rich.

    You need a high salary to get rich.

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Answer
finance
finance
Asked: 6 months agoIn: Currencies & Foreign Exchange, Finance, Investing

How can I open a Demat & Trading account with MStock?

m.stockMStock
  1. finance
    finance
    Added an answer about 6 months ago

    Opening a Demat & Trading account with MStock is quick and simple. You can start by visiting the MStock website or downloading the MStock app. After signing up, you'll need to fill out the necessary details, including your personal information and financial background. You will also need to uploRead more

    Opening a Demat & Trading account with MStock is quick and simple. You can start by visiting the MStock website or downloading the MStock app. After signing up, you’ll need to fill out the necessary details, including your personal information and financial background. You will also need to upload relevant documents, such as your PAN card, Aadhaar card, address proof, and bank details for verification. Once your documents are verified, you can choose the plan that best suits your trading needs. After completing these steps, your account will be activated, and you can start trading with MStock.

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Answer
finance
finance
Asked: 6 months agoIn: Currencies & Foreign Exchange, Finance, Investing

What is the GST and Payment Gateway fee applicable on selected MStock plans?

m.stockMStock
  1. finance
    finance
    Added an answer about 6 months ago

    The GST and Payment Gateway fees are additional charges that apply to certain MStock plans. These fees are not part of the brokerage structure but are mandatory as per regulatory requirements and payment methods. The exact GST rate typically depends on the brokerage charges, which is around 18% on tRead more

    The GST and Payment Gateway fees are additional charges that apply to certain MStock plans. These fees are not part of the brokerage structure but are mandatory as per regulatory requirements and payment methods. The exact GST rate typically depends on the brokerage charges, which is around 18% on the brokerage fee, and the Payment Gateway fee may vary based on the payment method selected (like UPI, debit/credit card, etc.). These fees apply on top of your brokerage charges and are calculated at the time of the transaction. It’s important to review the specific fees for your chosen plan to ensure you’re aware of any additional costs.

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  • 6 Views
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Answer
finance
finance
Asked: 6 months agoIn: Currencies & Foreign Exchange, Finance, Investing

Can I trade Intraday, Derivatives, and Pay Later (MTF) on MStock with β‚Ή0 brokerage?

m.stockMStock
  1. finance
    finance
    Added an answer about 6 months ago

    No, you cannot trade Intraday, Derivatives, or Pay Later (MTF) with β‚Ή0 brokerage on MStock. While these segments will no longer have zero brokerage starting from 30th December 2024, MStock will charge a flat fee of β‚Ή5 per order for these trades. However, you can still enjoy β‚Ή0 brokerage on Delivery,Read more

    No, you cannot trade Intraday, Derivatives, or Pay Later (MTF) with β‚Ή0 brokerage on MStock. While these segments will no longer have zero brokerage starting from 30th December 2024, MStock will charge a flat fee of β‚Ή5 per order for these trades. However, you can still enjoy β‚Ή0 brokerage on Delivery, IPOs, and Direct Mutual Funds even after the pricing update.

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Answer
finance
finance
Asked: 6 months agoIn: Currencies & Foreign Exchange, Finance, Investing

Are there any additional charges apart from brokerage on MStock?

m.stockMStock
  1. finance
    finance
    Added an answer about 6 months ago

    Yes, apart from brokerage fees, there may be additional charges on MStock depending on the plan you choose. These include GST (Goods and Services Tax) and Payment Gateway fees, which are applicable on selected plans. These charges are not part of the brokerage but are levied as per regulatory requirRead more

    Yes, apart from brokerage fees, there may be additional charges on MStock depending on the plan you choose. These include GST (Goods and Services Tax) and Payment Gateway fees, which are applicable on selected plans. These charges are not part of the brokerage but are levied as per regulatory requirements and the payment methods you use. It’s important to review these additional charges when selecting your plan, as they may vary based on your trading volume and the services you choose.

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Answer
finance
finance
Asked: 6 months agoIn: Currencies & Foreign Exchange, Finance, Investing

Will I still pay β‚Ή0 brokerage on Delivery, IPOs, and Direct Mutual Funds after 30th December 2024?

m.stockMStock
  1. finance
    finance
    Added an answer about 6 months ago

    Yes, MStock will continue to offer β‚Ή0 brokerage on Delivery, IPOs, and Direct Mutual Funds even after the new pricing structure comes into effect on 30th December 2024. This means you can still trade in these segments without worrying about brokerage fees, helping you save more on your investments.Read more

    Yes, MStock will continue to offer β‚Ή0 brokerage on Delivery, IPOs, and Direct Mutual Funds even after the new pricing structure comes into effect on 30th December 2024. This means you can still trade in these segments without worrying about brokerage fees, helping you save more on your investments. However, a small flat fee of β‚Ή5 per order will be applied to Intraday, Derivatives, and Pay Later (MTF) trades starting from that date.

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Answer
finance
finance
Asked: 6 months agoIn: Currencies & Foreign Exchange, Finance, Investing

What is the difference between the β‚Ή999 and β‚Ή149 plans for MStock?

m.stockMStock
  1. finance
    finance
    Added an answer about 6 months ago

    The difference between the β‚Ή999 and β‚Ή149 plans for MStock lies in the brokerage benefits offered. The β‚Ή999 plan provides zero brokerage across all segments, including Delivery, Intraday, F&O, Mutual Funds, and IPOs, making it a perfect choice for frequent traders who want to minimize costs on evRead more

    The difference between the β‚Ή999 and β‚Ή149 plans for MStock lies in the brokerage benefits offered. The β‚Ή999 plan provides zero brokerage across all segments, including Delivery, Intraday, F&O, Mutual Funds, and IPOs, making it a perfect choice for frequent traders who want to minimize costs on every trade. On the other hand, the β‚Ή149 plan offers zero brokerage only on Delivery, Mutual Funds, and IPOs, while a brokerage fee of β‚Ή20 per executed order applies to all other segments, such as Intraday and Derivatives. Both plans are subject to additional GST and Payment Gateway charges where applicable.

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Answer
finance
finance
Asked: 6 months agoIn: Currencies & Foreign Exchange, Finance, Investing

What are the charges for opening a Demat & Trading account with MStock?

m.stockMStock
  1. finance
    finance
    Added an answer about 6 months ago

    MStock offers two competitive plans for opening a Demat and Trading account, designed to suit different investment needs. The β‚Ή999 plan provides zero brokerage across all segments, including Delivery, Intraday, F&O, Mutual Funds, and IPOs, making it ideal for active traders who want to minimizeRead more

    MStock offers two competitive plans for opening a Demat and Trading account, designed to suit different investment needs. The β‚Ή999 plan provides zero brokerage across all segments, including Delivery, Intraday, F&O, Mutual Funds, and IPOs, making it ideal for active traders who want to minimize costs on every trade. Alternatively, the β‚Ή149 plan offers zero brokerage on Delivery, Mutual Funds, and IPOs, while charging β‚Ή20 per executed order for other segments like Intraday and Derivatives. Additional charges, such as GST and Payment Gateway fees, may apply based on the selected plan. Choose the plan that best fits your trading style and start investing smartly with MStock.

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Answer
finance
finance
Asked: 6 months agoIn: Currencies & Foreign Exchange, Finance, Investing

Which segments will have a β‚Ή5 flat fee per order?

m.stockMStock
  1. finance
    finance
    Added an answer about 6 months ago

    Starting 30th December 2024, MStock will apply a β‚Ή5 flat fee per executed order to the following segments: Intraday Trades: For those who actively trade stocks within the same day. Derivatives (F&O): Includes Futures and Options trades in the equity and commodity segments. Pay Later (MTF): For tRead more

    Starting 30th December 2024, MStock will apply a β‚Ή5 flat fee per executed order to the following segments:

    1. Intraday Trades: For those who actively trade stocks within the same day.
    2. Derivatives (F&O): Includes Futures and Options trades in the equity and commodity segments.
    3. Pay Later (MTF): For trades using the margin trading facility.

    This pricing change is designed to keep trading costs minimal while maintaining transparency and affordability.

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Answer
finance
finance
Asked: 6 months agoIn: Currencies & Foreign Exchange, Finance, Investing

How does β‚Ή0 brokerage work on MStock?

m.stockMStock
  1. finance
    finance
    Added an answer about 6 months ago

    MStock’s β‚Ή0 brokerage policy is designed to help investors save more while trading. Here’s how it works: Delivery Trades: Absolutely β‚Ή0 brokerage for all Delivery-based trades, allowing you to invest in equity without additional charges. IPOs and Direct Mutual Funds: Investing in Initial Public OffeRead more

    MStock’s β‚Ή0 brokerage policy is designed to help investors save more while trading. Here’s how it works:

    1. Delivery Trades:
      • Absolutely β‚Ή0 brokerage for all Delivery-based trades, allowing you to invest in equity without additional charges.
    2. IPOs and Direct Mutual Funds:
      • Investing in Initial Public Offerings (IPOs) and Direct Mutual Funds comes with zero brokerage fees, ensuring your investments grow without hidden costs.
    3. Other Segments (Effective 30th December 2024):
      • For Intraday, F&O, and Pay Later (MTF) trades, MStock charges a flat fee of β‚Ή5 per executed order.

    This structure ensures maximum savings for long-term investors and affordable rates for active traders.

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Answer

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