Mirae Asset Securities review
Updated September 28, 2026 · BrokerCue Editorial Team · Facts checked September 26, 2026
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Our verdict
Mirae Asset Securities runs a low-fee broking account priced in INR that suits beginners and day traders who want flat per-trade charges. With a stock trade fee of INR 10 and an account fee of INR 0, costs stay predictable, though that flat charge leaves it behind rivals on cheaper per-trade pricing.
Key facts
- Best for
- Flat-fee stock and options dealing with no account or deposit charge.
- Minimum deposit
- ₹0 (Source, checked September 26, 2026)
- Stock trade fee
- ₹10 (Source, checked September 26, 2026)
- Account fee
- ₹0 (Source, checked September 26, 2026)
- Markets
- Stocks, ETFs, Options, Futures, Funds (Source, checked September 26, 2026)
- Margin rate
- 8.99% (Source, checked September 26, 2026)
- Options contract fee
- ₹10 (Source, checked September 26, 2026)
- Deposit and withdrawal fees
- UPI free; net banking Rs7-11 + GST (Source, checked September 26, 2026)
- Platforms
- Web Trading Platform, Trading App, Trading API (Source, checked September 26, 2026)
- Maximum retail leverage
- 4X (Source, checked September 26, 2026)
- Headquarters
- South Korea (Source, checked September 26, 2026)
- Features
- Options, Futures, Mobile app
- Pricing model
- Low fees
- Audience
- Beginners, Day traders
- Official website
- miraeasset.com
Pros and cons
Pros
- Account fee of INR 0 and a minimum deposit of INR 0, so nothing is charged to hold or open.
- Flat INR 10 per stock trade and INR 10 per options contract, which makes costs easy to model.
- Margin available at a rate of 8.99% with retail leverage of 4X.
- Access runs through a web trading platform, a mobile app and a trading API.
Cons
- The stock trade fee of INR 10 ranks 98 of 161, behind cheaper per-trade rivals.
- Cash movement follows UPI free; net banking Rs7-11 + GST, so moving money in and out is not entirely cost free.
- A margin rate of 8.99% on leverage of 4X magnifies losses as well as gains on borrowed positions.
Who it suits
- Beginners opening a first account, with a minimum deposit of INR 0.
- Day traders working in options and futures, with a contract fee of INR 10.
- Traders who want web, app and API access under one low-fee account.
Who should look elsewhere
- eToro, which charges $0 per stock trade.
- Vantage, which sets a minimum deposit of $5 where CFI asks for $0.
Where it sits among rivals
On account fee it ranks 1 of 138 compared brands, and on minimum deposit 1 of 213. The weaker line is the stock trade fee, at 98 of 161, so trading often is where cheaper rivals win the comparison. Ranked positions come from the brands listed here.
What trading costs
The minimum deposit is INR 0 and the account fee is INR 0. A stock trade costs INR 10, and an options contract fee of INR 10 applies. Margin borrowing is charged at 8.99%. Deposits and withdrawals follow UPI free; net banking Rs7-11 + GST, so funding the account is cheap through UPI. The flat model keeps forecasting easy, since every trade costs the listed amount.
How Mirae Asset Securities compares
Mirae Asset Securities vs Nexo9.3 vs 9.0
9.3 vs 9.4
9.3 vs 8.7
MarketScreener
9.3 vs 9.4
9.3 vs 8.7
9.3 vs 9.0
9.3 vs 9.3
9.3 vs 8.7
9.3 vs 8.6
9.3 vs 9.2Its stock trade fee of $0 undercuts the flat charge here.
9.3 vs 8.7
Kitco
9.3 vs 9.1
9.3 vs 9.0
9.3 vs 9.0Pepperstone
Vaulted
wikifolio.com
Intellectia
Winvest
Libertex International
XM VN
Frequently asked questions
How much does it cost to trade stocks?+
A stock trade costs INR 10 and an options contract fee of INR 10 applies. The account fee is INR 0, so nothing is charged for holding the account open. The flat per-trade charge is simple to model, though it sits above commission-free rivals.
Is there a minimum deposit?+
The minimum deposit is listed as INR 0, so an account can be opened and funded in small steps. With an account fee of INR 0 there is no standing cost before you trade. Watch cash movement instead, where charges follow UPI free; net banking Rs7-11 + GST.
How are deposits and withdrawals charged?+
Deposits and withdrawals follow UPI free; net banking Rs7-11 + GST: UPI transfers are free, while net banking adds a charge plus GST. The account is priced in INR, so the currency held in mind when funding it matters, since a conversion can sit on top of the transfer.
Which markets can I trade?+
The account covers stocks, etfs and options. That mix is unusual for a low-fee broker, since options and futures sit alongside plain stock and ETF dealing. A mobile app also appears among the listed features, per options, futures and mobile app, so the same account works on a phone.
What margin do I pay?+
The margin rate is 8.99% and retail leverage tops out at 4X. Borrowed positions magnify gains and losses, so treat the rate as a running cost of the trade rather than a discount. Long-term investors building a simple portfolio rarely need it at all.
Which platforms can I use?+
Access runs through Web Trading Platform, Trading App and Trading API. The web platform suits longer sessions, the app covers mobile trading, and the API serves anyone running automated orders. The stated audience is beginners and day traders, per beginners and day traders, which fits this mix well.
How do most retail accounts fare?+
The median share of retail accounts that lose money is 70.15% across the brands listed here, and 72.03% among stock-focused brands. Low fees keep more money in the account but do not change that spread. Treat the platform as a tool, not a strategy.
Where is the company based?+
The group is headquartered in South Korea, and the account is priced in INR with UPI and net banking funding. Its stated audience is beginners and day traders, per beginners and day traders, which suits an app-led, flat-fee setup built for frequent smaller orders.
Sources
- miraeasset.com checked September 26, 2026
Backs: Headquarters
“Global network - Korea (Headquarters) on Mirae Asset Group”
- mstock.com checked September 26, 2026
Backs: Audience, Features, Markets, Platforms
“Built for smart traders and investors on m.Stock by Mirae Asset”
- mstock.com/pricing checked September 26, 2026
Backs: Account fee, Deposit and withdrawal fees, Margin rate, Maximum retail leverage, Minimum deposit, Pricing model, Options contract fee, Stock trade fee
“Rs0 AMC - Rs0 Platform charges on m.Stock pricing”
Compiled from 3 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Inactivity fee, Regulators, Investor protection, Retail accounts that lose money.
Mirae Asset Securities
Flat-fee stock and options dealing with no account or deposit charge.