mStock (Mirae Asset) — India
Key facts (8)
- Who actually onboards you
- Pvt. Ltd
- Licence number
- INZ000163138
- Established
- 2022group
- Min deposit, USD
- not stated
- Platforms
- m.Stock app · web
- Local funding
- UPI, net-banking.
- Max leverage
- not stated
- EURUSD
- not priced
This broker against the India middle (52 of 91)
| mStock (Mirae Asset) | India median | |
|---|---|---|
| Round turn, USD | not priced | 6.0 USD |
| Min deposit, USD | no data | 30.0 USD |
| Max leverage | no data | 500.0geo |
| Withdrawal, h | 1–2 business days hgroup | 48.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2022group | 2008.0 |
| Platforms | 2 | 3 |
Accepts residents of India
Yes
Score (5/6 axes)
Shown, not ranked: no round-turn price
Licence check
Who actually onboards you
Pvt. Ltd
Entity not established
Mirae Asset Capital Markets (India) Pvt. Ltd. (m.Stock brand).
Public rating and its base
4.1 61,800+ reviews
Round turn against the local middle (52 of 91)
Getting money out
From the entry account upwards
Demat+Trading; flat Rs.10/order plan; one-time Rs.999 lifetime-zero-AMC option.
Terminals, markets, instrument counts (2)
m.Stock app · web
Equity, F&O, currency, mutual funds (direct), IPO.
What works and what to watch
Pros (1)
- Licensed locally: INZ000163138
Cons (1)
- Minimum deposit for this country not published
Profits, and what India takes
Exchange-traded currency futures & options profit is generally treated as non-speculative business income and taxed at the individual's income-tax slab rates (as of the review). Intraday speculative positions are speculative business income (losses set off only against speculative income, carry-forward 4 years) vs non-speculative losses carry-forward 8 years. A 20% TCS applies on LRS foreign remit
Where it does not serve
no data
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (3)
Checked: 2026-07-09
- mstock.com domain
- cm.miraeasset.co.in domain
- sebi.gov.in domain
FAQ (4)
Does mStock (Mirae Asset) accept residents of India?
Yes.
Which entity onboards a India client of mStock (Mirae Asset)?
Pvt. Ltd
What licence does mStock (Mirae Asset) hold for India?
Licence INZ000163138.
How long does a withdrawal from mStock (Mirae Asset) take?
1–2 business days hours as published. Funds will be transferred to your registered bank account within 1–2 business days.