Find a Comparison of Goodwill Wealth vs M.stock here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.
This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Goodwill Wealth and M.stock.
| Year of Incorporation | 2008 | 1985 |
| Website | https://www.gwcindia.in/ | https://www.mstock.com/ |
| Phone | 044 4032 9999 | 1800-210-0818 |
| Exchanges enabled | BSE, NSE, MCX | NSE, BSE, NFO, MCX & NCDEX |
| Demat (NSDL/CDSL) | CDSL | CDSL |
| Equity | 0.33% on Delivery & 0.03% on Intraday | Zero |
| Equity Futures | 0.03% per Executed Order | Zero |
| Equity Options | Rs 30 per lot | Zero |
| Currency Futures | 0.03% per executed order | Zero |
| Currency Options | Rs 30 per lot | Zero |
| Commodity | Rs 30 per lot | Not Available |
| Trading only | Rs. 200 | Rs 999 for Lifetime |
| Trading & Demat | Rs. 200 | Rs 999 for Lifetime |
| Commodity | Rs. 200 | Not Available |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% (NSE) & 0.00375% (BSE) | 0.00325% of Turnover |
| Futures | 0.0019% (NSE & BSE) | 0.0019% of Turnover |
| Options | 0.05% (on premium) | 0.05% of Turnover |
| Commodities | 0.00436% of Turnover | Not Available |
| AMC charge | Rs.350 per Year | Rs 120 every quarter or Rs 999 Lifetime |
| DP Transaction Charge | Rs 30 per Scrip | Rs 18 per Transaction |
| Offline order placing Charge | Nil | Free |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | 7 Days | 5 Days |
| End of Day | 5 Years | 5 years |
| Coding/Backtesting | |
| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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Leverage Provided
| Equity | Upto 2x for Delivery & Upto 5x for Intraday | Upto 4x for Intraday & Upto 1x for Delivery |
| Equity Futures | Upto 2x | Upto 1x for Intraday |
| Equity Options | Upto 5x | Upto 1x |
| Currency Futures | Upto 2x | Upto 1x |
| Currency Options | Upto 3x | Upto 1x |
| Commodity | Upto 5x | Not Available |
| Research & Tips | |
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| Brokerage Calculator | |
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| Margin Calculator | |
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| Bracket orders & Trailing Stoploss | |
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| Training & Education | |
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| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
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Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.
| Profit after Tax FY11/12 | Rs 10.67 Lakhs | Rs 124.68 Crores |
| Profit after Tax FY12/13 | Rs 10.71 Lakhs | Rs 230.99 Crores |
| Profit after Tax FY13/14 | Rs 13.38 Lakhs | Rs 339.19 Crores |
| Profit after Tax FY 14/15 | Rs 15.82 Lakhs | Rs 236.00 Crores |
| Profit after Tax FY 15/16 | Rs 22.88 Lakhs | Rs 245.83 Crores |
| Profit after Tax FY 16/17 | Rs 30.17 Lakhs | Rs 354.82 Crores |
| Profit after Tax FY 17/18 | Rs 32.22 Lakhs | Rs 363.61 Crores |
| Profit after Tax FY 18/19 | Rs 39.36 Lakhs | Rs 474.66 Crores |
| Profit after Tax FY 19/20 | Rs 38.00 Lakhs | Rs 589.85 Crores |
| Profit after Tax FY 20/21 | Rs 45.85 Lakhs | Rs 696.63 Crores |
| Profit after Tax FY 21/22 | Rs 50.41 Lakhs | Rs 702.87 Crores |
| Profit after Tax FY 22/23 | Rs 53.66 Lakhs | Rs 839.18 Crores |
| Debt FY11/12 | Rs 12.27 Lakhs | Rs 70.61 Crores |
| Debt FY12/13 | Rs 16.53 Lakhs | Rs 68.69 Crores |
| Debt FY13/14 | Rs 16.32 Lakhs | Rs 67.59 Crores |
| Debt FY14/15 | Rs 18.71 Lakhs | Rs 95.48 Crores |
| Debt FY15/16 | Rs 12.87 Lakhs | Rs 105.86 Crores |
| Debt FY16/17 | Rs 19.81 Lakhs | Rs 112.54 Crores |
| Debt FY17/18 | Rs 11.07 Lakhs | Rs 95.70 Crores |
| Debt FY18/19 | Rs 17.64 Lakhs | Rs 115.70 Crores |
| Debt FY19/20 | Rs 19.66 Lakhs | Rs 120.00 Crores |
| Debt FY20/21 | Rs 12.46 Lakhs | Rs 131.84 Crores |
| Debt FY21/22 | Rs 14.41 Lakhs | Rs 148.71 Crores |
| Debt FY22/23 | Rs 16.35 Lakhs | Rs 156.05 Crores |
| Profit to Equity(%) FY11/12 | 11.13% | 7.70 |
| Profit to Equity(%) FY12/13 | 13.28% | 7.68 |
| Profit to Equity(%) FY13/14 | 14.33% | 8.92 |
| Profit to Equity(%) FY14/15 | 14.42% | 8.79 |
| Profit to Equity(%) FY15/16 | 18.15% | 8.79 |
| Profit to Equity(%) FY16/17 | 17.74% | 10.41 |
| Profit to Equity(%) FY17/18 | 17.53% | 15.66 |
| Profit to Equity(%) FY18/19 | 18.68% | 14.77 |
| Profit to Equity(%) FY19/20 | 18.09% | 14.70 |
| Profit to Equity(%) FY20/21 | 19.37% | 18.22 |
| Profit to Equity(%) FY21/22 | 20.81% | 17.76 |
| Profit to Equity(%) FY22/23 | 21.97% | 19.13 |
| Balance Sheet Size FY11/12 | Rs 2094.36 Crores | Rs 918.34 Crores |
| Balance Sheet Size FY12/13 | Rs 2718.97 Crores | Rs 999.30 Crores |
| Balance Sheet Size FY13/14 | Rs 3054.10 Crores | Rs 1076.69 Crores |
| Balance Sheet Size FY14/15 | Rs 3146.81 Crores | Rs 1116.18 Crores |
| Balance Sheet Size FY15/16 | Rs 3373.32 Crores | Rs 1238.44 Crores |
| Balance Sheet Size FY16/17 | Rs 3594.45 Crores | Rs 1275.93 Crores |
| Balance Sheet Size FY17/18 | Rs 3875.20 Crore | Rs 1948.16 Crores |
| Balance Sheet Size FY18/19 | Rs 4280.67 Lakh | Rs 2225.87 Crores |
| Balance Sheet Size FY19/20 | Rs 4503.50 Crores | Rs 2419.28 Crores |
| Balance Sheet Size FY20/21 | Rs 4314.17 Crores | Rs 2621.79 Crores |
| Balance Sheet Size FY21/22 | Rs 5287.38 Crores | Rs 2820.52 Crores |
| Balance Sheet Size FY22/23 | Rs 5821.90 Crores | Rs 3029.25 Crores |
Goodwill Wealth Securities and M.stock are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.
Yes, both Goodwill Wealth Securities and M.stock provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers Goodwill Wealth and M.stock for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both Goodwill Wealth and M.stock are SEBI-registered brokers with good reputations. Goodwill Wealth is known for its trading platforms, while M.stock is praised for cost-effective pricing.
Yes, both Goodwill Wealth and M.stock offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
