Zerodha Kite and MStock, two of India’s top trading platforms in 2025.
Demanded Trading Platform between Traders
5 September, 2025 by
Zerodha Kite and MStock, two of India’s top trading platforms in 2025.
Mike

     






     

    Here’s a detailed comparison blog between Zerodha Kite and MStock, two of India’s top trading platforms in 2025.

    Platform Overview

    Zerodha Kite is the flagship trading app from Zerodha, celebrated for its blazing speed, advanced charting, and rich ecosystem integration.


    MStock (by Mirae Asset) is engineered as a beginner-friendly, zero-brokerage app, emphasizing accessibility and smart trading tools.

    Brokerage Charges

    FeatureZerodha KiteMStock
    Equity Delivery₹0 per order (statutory charges)₹0 per order
    Intraday/Derivatives₹20 per trade₹5 per order (after lifetime fee)
    Account Opening FeeApprox. ₹200₹999 (one-time lifetime brokerage)
    Other Fees₹20 for call & tradeHigher for bulk orders
    AMC (Demat)₹300 per year₹0

    MStock stands out for charging zero brokerage on equity delivery and offering a nominal ₹5 per trade across intraday, F&O, and MTF after a one-time lifetime payment, while Zerodha remains consistent with ₹20 flat charges on trades but free delivery trades.

    Trading Platform Features

    Zerodha Kite

    • Slick UI, seamless across devices, rapid order execution.

    MStock

    • Intuitive UI, tailored for new investors.

    Pros & Cons

    Zerodha Kite Pros:

    • Robust analytics, ultrafast execution, algorithmic trading support.

    Cons:

    • No 3-in-1 account; call & trade segment charges extra.

    MStock Pros:

    • Zero brokerage on delivery, lowest trading fees post-lifetime payment.

    Cons:

    • Fewer advanced tools for technical traders, higher minimum deposit requirements.

    Final Take

    Choose Zerodha Kite if extensive charting, pro analytics, and speed matter. Opt for MStock if long-term investing, minimal costs, and simplicity are priorities.

    Both apps are secure, user-friendly, and well-rated, but your choice should align with your trading style and cost sensitivity.

  • Universal search for stocks, F&O, IPOs, bonds.

  • Advanced charting (100+ indicators), Level 3 market depth, GTT orders, baskets, comprehensive risk alerts ("Nudge").

  • Free integration with Coin, Sensibull, Streak (algo trading), and GoldenPi.

  • Excellent for professional traders due to historical data and analytic depth.

  • In-app real-time notifications and advanced order types, like basket orders, cover order, AMO, and GTT.

  • Effortless IPO application, multi-account login, and price alerts.

  • Margin Trading Facility ("Pay Later") with instant funding up to 80%.

  • Zero AMC and educational resources for users, but with fewer advanced charting tools.

  • Free delivery trades, seamless integration with other fintech tools.

  • Powerful charting, comprehensive risk management.

  • Bulk order execution, real-time market data, easy for beginners.

  • Multi-account login, direct IPO investment, margin facility.

  • Some platform issues, slower chart accuracy and fewer bulk modify/cancel options.