Way2wealth vs m.Stock – Compare Charges, Trading Features, Offers & more

Find a Comparison of Way2wealth 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 Way2wealth and m.Stock.

Background

Year of Incorporation 1984 2022
Website https://www.way2wealth.com/ https://www.mstock.com/
Phone 1800 425 3690 FREE 1800-2100-818
Exchanges enabled NSE, BSE, MCX-SX, MCX, & NCDEX NSE, BSE
Demat (NSDL/CDSL) NSDL, CDSL CDSL
Brokerage

Equity 0.04% for Intraday, 0.4% for Delivery - Negotiable Rs 0 for Delivery
Equity Futures 0.04% of Turnover - Negotiable Rs 5 per Order
Equity Options Rs 50/lot - Negotiable Rs 5 per Order
Currency Futures 0.04% of Turnover - Negotiable Rs 5 per Order
Currency Options Rs 50/lot - Negotiable Rs 5 per Order
Commodity 0.04% of Turnover - Negotiable Not Available
Account Opening Costs

Trading only NA Free
Trading & Demat Rs 350 Rs 0
Commodity Rs 100 Not Available
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0038% of Turnover NSE: 0.00297% | BSE: 0.00375%
Futures 0.0034% of Turnover NSE: 0.00173% | BSE: 0
Options 0.056% of Premium Turnover NSE: 0.03503% (on premium) | BSE: 0.0325% (on premium)
Commodities 0.0035% of Turnover Not Available
AMC charge Rs 330 Rs 0
DP Transaction Charge Rs 18/debit instruction Rs 18 per debit transaction + GST
Offline order placing Charge NIL Free
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 days on NEST 5 Years
End of Day 10 years on NEST BSE: 2002 onwards NSE: 2004 onwards
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 6 times for Intraday, 0 for Delivery Up to 4x intraday (25%)& up to 5x MTF (20%)
Equity Futures Upto 2 times for Intraday Up to 1x (100% (SPAN + Exposure) margin)
Equity Options No Leverage Buying no leverage, Shorting 1x (100% (SPAN + Exposure) margin
Currency Futures Upto 2 times for Intraday Not Available
Currency Options No Leverage Not Available
Commodity Upto3 times for Intraday Not Available
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

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 4.2 Lakhs N/A
Profit after Tax FY12/13 Rs 5.87 Lakhs N/A
Profit after Tax FY13/14 Rs 5.23 Lakh N/A
Profit after Tax FY 14/15 Rs 7.93 Lakh N/A
Profit after Tax FY 15/16 Rs 11.19 Lakh N/A
Profit after Tax FY 16/17 Rs 11.74 Lakh N/A
Profit after Tax FY 17/18 Rs 12.16 Lakh N/A
Profit after Tax FY 18/19 Rs 14.39 Lakh N/A
Profit after Tax FY 19/20 Rs 14.50 Lakh N/A
Profit after Tax FY 20/21 Rs 16.00 Lakh N/A
Profit after Tax FY 21/22 Rs 17.02 Lakh N/A
Profit after Tax FY 22/23 Rs 15.37 Lakh N/A
Debt FY11/12 Rs 10.4 Lakhs N/A
Debt FY12/13 Rs 17.2 Lakhs N/A
Debt FY13/14 Rs 19.78 Lakh N/A
Debt FY14/15 Rs 16.80 Lakh N/A
Debt FY15/16 Rs 20.27 Lakh N/A
Debt FY16/17 Rs 18.04 Lakh N/A
Debt FY17/18 Rs 22.55 Lakh N/A
Debt FY18/19 Rs 22.41 Lakh N/A
Debt FY19/20 Rs 23.16 Lakh N/A
Debt FY20/21 Rs 25.14 Lakh N/A
Debt FY21/22 Rs 26.94 Lakh N/A
Debt FY22/23 Rs 25.88 Lakh N/A
Profit to Equity(%) FY11/12 0.25 N/A
Profit to Equity(%) FY12/13 1.52 N/A
Profit to Equity(%) FY13/14 2.39 N/A
Profit to Equity(%) FY14/15 3.71 N/A
Profit to Equity(%) FY15/16 3.71 N/A
Profit to Equity(%) FY16/17 4.61 N/A
Profit to Equity(%) FY17/18 5.42 N/A
Profit to Equity(%) FY18/19 6.22 N/A
Profit to Equity(%) FY19/20 7.38 N/A
Profit to Equity(%) FY20/21 8.12 N/A
Profit to Equity(%) FY21/22 9.22 N/A
Profit to Equity(%) FY22/23 10.22 N/A
Balance Sheet Size FY11/12 Rs 159 Crores N/A
Balance Sheet Size FY12/13 Rs 148 Crores N/A
Balance Sheet Size FY13/14 Rs 170 Crores N/A
Balance Sheet Size FY14/15 Rs 187.92 Crores N/A
Balance Sheet Size FY15/16 Rs 259.67 Crores N/A
Balance Sheet Size FY16/17 Rs 289.46 Crores N/A
Balance Sheet Size FY17/18 Rs 160.16 Crores N/A
Balance Sheet Size FY18/19 Rs 240.46 Crores N/A
Balance Sheet Size FY19/20 Rs 294.59 Crores N/A
Balance Sheet Size FY20/21 Rs 181.53 Crores N/A
Balance Sheet Size FY21/22 Rs 227.41 Crores N/A
Balance Sheet Size FY22/23 Rs 289.78 Crores N/A

Comparison Link:

Compare Way2wealth Compare m.Stock
Way2wealth Vs Punch Trade m.Stock Vs Punch Trade
Way2wealth Vs BlinkX m.Stock Vs BlinkX
Way2wealth Vs Lemonn m.Stock Vs Lemonn
Way2wealth Vs Mandot Securities m.Stock Vs Mandot Securities
Way2wealth Vs HDFC Sky m.Stock Vs HDFC Sky
Way2wealth Vs Dhan m.Stock Vs Dhan
Way2wealth Vs Goodwill Wealth m.Stock Vs Goodwill Wealth
Way2wealth Vs Shoonya by Finvasia m.Stock Vs Shoonya by Finvasia
Way2wealth Vs NJ Wealth m.Stock Vs NJ Wealth
Way2wealth Vs Paytm Money m.Stock Vs Paytm Money
Way2wealth Vs Globe Capital m.Stock Vs Globe Capital
Way2wealth Vs Cholamandalam Securities m.Stock Vs Cholamandalam Securities
Way2wealth Vs Canara Bank m.Stock Vs Canara Bank
Way2wealth Vs Axis Direct m.Stock Vs Axis Direct
Way2wealth Vs Alice Blue m.Stock Vs Alice Blue
Way2wealth Vs 5Paisa m.Stock Vs 5Paisa
Way2wealth Vs WisdomCapital m.Stock Vs WisdomCapital
Way2wealth Vs Ventura Securities m.Stock Vs Ventura Securities
Way2wealth Vs Navia Markets Ltd m.Stock Vs Navia Markets Ltd
Way2wealth Vs Tradejini m.Stock Vs Tradejini
Way2wealth Vs Tata Securities m.Stock Vs Tata Securities
Way2wealth Vs Swastika Investmart m.Stock Vs Swastika Investmart
Way2wealth Vs SMC Global m.Stock Vs SMC Global
Way2wealth Vs SBICAP Securities m.Stock Vs SBICAP Securities
Way2wealth Vs SASOnline m.Stock Vs SASOnline
Way2wealth Vs Samco securities m.Stock Vs Samco securities
Way2wealth Vs RK Global m.Stock Vs RK Global
Way2wealth Vs Reliance Securities m.Stock Vs Reliance Securities
Way2wealth Vs Nirmal Bang m.Stock Vs Nirmal Bang
Way2wealth Vs Master Trust Capital m.Stock Vs Master Trust Capital
Way2wealth Vs Kotak Securities m.Stock Vs Kotak Securities
Way2wealth Vs Interactive Brokers m.Stock Vs Interactive Brokers
Way2wealth Vs IIFL Securities m.Stock Vs IIFL Securities
Way2wealth Vs Dhani m.Stock Vs Dhani
Way2wealth Vs IDBI Capital m.Stock Vs IDBI Capital
Way2wealth Vs HDFC Securities m.Stock Vs HDFC Securities
Way2wealth Vs Geojit m.Stock Vs Geojit
Way2wealth Vs Fyers Securities m.Stock Vs Fyers Securities
Way2wealth Vs Edelweiss Capital m.Stock Vs Edelweiss Capital
Way2wealth Vs Easytradez m.Stock Vs Easytradez
Way2wealth Vs Rupeezy m.Stock Vs Rupeezy
Way2wealth Vs Anand Rathi m.Stock Vs Anand Rathi
Way2wealth Vs Aditya Birla Money m.Stock Vs Aditya Birla Money
Way2wealth Vs Achiievers m.Stock Vs Achiievers
Way2wealth Vs Angel One m.Stock Vs Angel One
Way2wealth Vs Motilal Oswal m.Stock Vs Motilal Oswal
Way2wealth Vs ICICI Direct m.Stock Vs ICICI Direct
Way2wealth Vs Sharekhan m.Stock Vs Sharekhan
Way2wealth Vs Groww m.Stock Vs Groww
Way2wealth Vs Tradesmart Online m.Stock Vs Tradesmart Online
Way2wealth Vs Upstox m.Stock Vs Upstox
Way2wealth Vs Zerodha m.Stock Vs Zerodha

Frequently Asked Questions

Which is better, Way2wealth or m.Stock?

Way2wealth 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.

Do Way2wealth and m.Stock offer mobile trading apps?

Yes, both Way2wealth Securities and m.Stock provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for m.Stock and Way2wealth?

The account opening charges by brokers Way2wealth and m.Stock for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both Way2wealth and m.Stock are SEBI-registered brokers with good reputations. Way2wealth is known for its trading platforms, while m.Stock is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both Way2wealth and m.Stock offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.