Updated September 29, 2026 · BrokerCue Editorial Team
Mirae Asset Securities vs Nexo
What sets them apart
| Compare | ||
|---|---|---|
| Minimum deposit | ₹0 | $5,000 |
| Markets | Stocks, ETFs, Options, Futures, Funds | Crypto, Futures |
| Margin rate | 8.99% | 1.9%Lower |
| Platforms | Web Trading Platform, Trading App, Trading API | Web platform, Mobile app |
| Maximum retail leverage | 4X | 100x |
| Stock trade fee | ₹10 | Not confirmed |
| Account fee | ₹0 | Not confirmed |
| Regulators | Not confirmed | Department of Financial Protection and Innovation, National Securities Commission (CNV) of the Argentine Republic, Companies Registry, Ministry of Finance, Financial Services Authority Seychelles |
| Investor protection | Not confirmed | SIPC up to USD 500,000 |
| Options contract fee | ₹10 | Not confirmed |
| Deposit and withdrawal fees | UPI free; net banking Rs7-11 + GST | Not confirmed |
| Account types | Not confirmed | Corporate |
| Interest on cash | Not confirmed | 13% |
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Key differences
- Mirae Asset Securities scores higher overall: 9.3 vs 9.0.
- Margin rate is lower at Nexo: 1.9% vs 8.99%.
- Markets: only Mirae Asset Securities offers Stocks, ETFs, Options.
- Markets: only Nexo offers Crypto.
- Platforms: only Mirae Asset Securities offers Web Trading Platform, Trading App, Trading API.
- Platforms: only Nexo offers Web platform, Mobile app.
- Features: only Mirae Asset Securities offers Options, Futures.
- Features: only Nexo offers Crypto, Demo account.
Our verdict on each
Mirae Asset Securities
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.
Nexo
Nexo suits corporate account holders who want crypto plus futures trading on web and mobile platforms with margin borrowing available. You should weigh minimum funding of $5,000 and margin rate of 1.9% against demo access and limited market breadth before you commit capital.
Score breakdown
| Area | Mirae Asset Securities | Nexo |
|---|---|---|
| Cost | 9.2HigherThe cost score of 6 reflects a INR 10 options fee and a 8.99% margin rate on a low-fee model. | 9.0Margin borrowing priced with margin rate of 1.9% supports cost view. |
| Offer | 9.4Higher | 8.9Offer centres on markets of crypto and futures via platforms of Web platform and Mobile app. |
| Trust | Not confirmed | 9.0Trust reflects cover of SIPC up to USD 500,000. |
Where they rank in our lists
| Ranking | Mirae Asset Securities | Nexo |
|---|---|---|
| Futures trading platforms | 17 of 83 | 1 of 83 |
| Margin trading brokers | 11 of 22 | 1 of 22 |
Side by side, item by item
| Markets | Mirae Asset Securities | Nexo |
|---|---|---|
| Stocks | Yes | No |
| ETFs | Yes | No |
| Options | Yes | No |
| Futures | Yes | Yes |
| Crypto | No | Yes |
| Funds | Yes | No |
If neither fits
Angel One has margin rate at 0%, against 8.99% for Mirae Asset Securities and 1.9% for Nexo.
Angel One reviewWhere these facts come from
Mirae Asset Securities
- mstock.com: 12 facts, checked September 26, 2026
- miraeasset.com: 1 fact, checked September 26, 2026
Nexo
- nexo.com: 9 facts, checked September 29, 2026
- portal.dfpi.ca.gov: 2 facts, checked September 29, 2026
Every fact side by side
| Fact | Mirae Asset Securities | Nexo |
|---|---|---|
| Features | Options, Futures, Mobile app | Crypto, Demo account, Mobile app |
| Pricing model | Low fees | Low fees |
| Audience | Beginners, Day traders | Not confirmed |
| Headquarters | South Korea | Not confirmed |
Where each stands against the rest
| Fact | Mirae Asset Securities | Nexo | Median |
|---|---|---|---|
| Stock trade fee | ₹10lowest quarter | Not confirmed | ₹20 |
| Account fee | ₹0at the median | Not confirmed | ₹0 |
| Margin rate | 8.99%above the median | 1.9%lowest quarter | 8.79% |
| Options contract fee | ₹10lowest quarter | Not confirmed | ₹20 |
| Interest on cash | Not confirmed | 13%highest quarter | 3% |
Median across 34 listed brokers.
Pros and cons
Mirae Asset Securities
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.
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.
Nexo
Pros
- Crypto and futures coverage in crypto and futures suits focused digital asset traders rather than general equity investors.
- Corporate access through corporate suits entities that need business onboarding rather than personal accounts.
- Margin access with margin rate of 1.9% gives clear borrowing pricing for planned leveraged use.
Cons
- Entry funding of $5,000 is high beside $50 at eToro and $1 at Kraken, which limits casual access.
- Market breadth is narrow at crypto and futures, with crypto and futures focus and no stocks or funds breadth for diversification.
- Support runs on chat, email and help centre only, which may deter you if you prefer phone help available elsewhere.
Who each suits
Mirae Asset Securities
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.
Nexo
Who it suits
- Corporate desks that accept $5,000 and prefer Nexo focus over eToro retail breadth
- Crypto futures users who value Web platform and Mobile app and prefer Nexo margin clarity over Kraken entry level simplicity
- Entity clients comfortable with chat, email and help centre who prefer Nexo structure over NAGA retail positioning
Who should look elsewhere
- Traders seeking low entry balances who prefer eToro because $50 is below $5,000
- Crypto beginners wanting simple retail onboarding who prefer Kraken because $1 is below $5,000
Questions about each
Mirae Asset Securities
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.
Nexo
What can you trade with Nexo?+
Nexo focuses on markets of crypto and futures, which means crypto and futures activity rather than broad equities or funds. Access is through platforms of Web platform and Mobile app, giving web based management plus mobile use for monitoring. You should confirm that this limited scope matches your plan before you apply.
How much do you need to open a Nexo account?+
Nexo lists minimum deposit of $5,000 and account choice of corporate, so access is framed around corporate funding. You should prepare qualifying funds and corporate documentation before you start. This structure suits entities rather than individuals seeking small retail balances.