Mirae Asset Capital Market’s retail stock broking platform, m.Stock, which was launched in 2022, has been creating waves in the broking industry with its unique ‘zero brokerage for life’ proposition. Already attaining profitability in less than two years, the app has achieved significant milestones.
Since its inception in 2022, m.Stock has capitalised on the changing business dynamics in the Indian broking industry. The increase in compliance and disclosure requirements has led to transparent dealings that encourage customers to experiment, while technological advancements have led to better compliance, operations, and enhanced user experience.
m.Stock has leveraged its superior technology to achieve all these KPIs and has managed to be rated as the top 16th stockbroker by the NSE. It has garnered abundant support from market participants with over 10 lakh customers, and daily trade volumes of over 21 lakh.
