Mdirect 2018 Brokerage Charges, Review, Trading Platform and Info.
Mdirect acknowledges the uniqueness of each individual investor-client. Just as some individuals may find some food preparation Delicious, some may find some financial asset Money-Licious. The Food for Thought underlying “Money-Licious” was that our Financial preferences, just like our Food preferences changes with time. So keeping in tandem with ‘The IT Age’, we have forayed into a full State of the Art Technology driven financial services platform.
At the first stage, we have launched our online trading interface. Account opening documentation is at its simplest avatar… through the e-KYC process. We are confident that our trading interface with its innovative technological inclusions will make your experience with M-Direct very appeasing.
Enjoy this Moneylicious experience designed just for you and relish the taste of money….the Mdirect Way.
|Trading Exchanges.||NSE, BSE, MCX-SX, MCX & NCDEX.|
|Broker Type.||Discount Broker.|
Mdirect Account Opening Fees.
|Trading Annual maintenance charges (AMC).||Rs 400/year|
|Equity (Intraday).||Rs. 18 per Executed Order.|
|Equity (Delivery).||Rs. 18 per Executed Order.|
|Equity Futures.||Rs. 18 per Executed Order.|
|Equity Options.||Rs. 18 per Executed Order.|
|Currency Futures.||Rs. 18 per Executed Order.|
|Currency Options.||Rs. 18 per Executed Order.|
|Commodity.||Rs. 18 per Executed Order.|
Margins or Leverages.
|Equity (Intraday).||Upto 15 Times for Intraday.|
|Equity (Delivery).||Upto 15 Times for Intraday.|
|Equity Futures.||Upto 3 Times for Intraday.|
|Equity Options.||No Leverage.|
|Currency Futures.||Upto 3 Times for Intraday.|
|Currency Options.||No Leverage.|
|Commodity.||Upto 2 Times for Intraday.|
Trading Platforms or Software.
|Trading Platform or Software.||YES.|
Mdirect Some Useful Services.
|Online Trade Reports.||YES.|
|Online PNL Reports.||YES.|
|Intraday Chart Facility||1 Days.|
|End of Day Chart Facility.||3 Years|
|3 in 1 Account.||NO.|
|Instant Fund withdrawal.||NO.|
Mdirect Useful Details.
|Price (Broker Type).||Per Order.|
|Headquarters City (Head Office).||Pune.|
|Total Branches (Presence).||1 Branches.|
|Research & Tips.||Yes Research & Tips.|
|Total Experience in Broking.||6 Years of experience.|
|Year of Incorporation.||2011|
Mdirect Client Info & NRI Account opining Regulations.
|Current Active Client Base?||More Than 10,000.|
|NRI Account Opining Allowed Or Not.||YES, It is Allowed.|
Mdirect Fund Transfers Service.
|Number of bank linked to account.||2+|
|Mode of payment (Withdraw &Deposit).||Online, NEFT/RTGS.|
|Fund Payin processing time .||No Instant.|
|Fund Payout processed (Working Days).||No Instant.|
Turnover & Other Charges.
|Equity (Cash & Delivery) Turnover charges.||0.00325% of Turnover.|
|Equity Futures Turnover charges.||0.0025% of Turnover.|
|Equity Options Turnover charges.||0.050% of Premium Turnover.|
|Currency Futures Turnover charges.||0.0025% of Turnover.|
|Currency Options Turnover charges.||0.0025% of Turnover.|
|Commodities Turnover charges.||0.0025% of Turnover.|
|Dial & Trade charges.||Rs. 18 per Executed Order.|
|DP Transaction charge.||Rs. 18 per Executed Order.|
Support & Tools Available.
|Bracket orders & Trailing stoploss.||YES.|
|Cover order.||No Info.|
|User guide & remote end support.||YES.|
Reports & Confirmation.
|Contract notes on Email.||Yes (Register Email ID).|
|Contract notes online.||Yes (Register Email ID).|
|Periodical statement on Email.||Yes (Register Email ID).|
|Trade confirmation on Email.||Yes (Register Email ID).|
|Trade confirmation on SMS.||Yes (Register Email ID).|
|Charting (Intraday & EOD).||YES.|
|Coding or Backtesting (Algo Trading).||No(Algo trading).|
|Referral program (Affiliate).||YES.|
|Training & Education.||Not Available.|
|Online trading community.||Not Available.|
Customer Care Services.
|Contact Details.||Corporate Office.|
M Direct – One BKC
1803, C- Wing, 18th floor,
One Bkc, Opp Indian Oil,
Bandra Kurla Complex,
Bandra Mumbai 400 051.
Land Line : 022 66018300
|Call..||Open a New Account: 1860-267-1671|
For Non-Trading assisstance
|Complaints Or Grievances.||firstname.lastname@example.org|
|NCDEX: Membership ID:01127.|
|FMC Code: NCDEX/TM/CORP/1102.|
|NSE and BSE: INZ230007833.|
|MSEI cash: INB261470133.|
|F&O segment : INF261470133.|
SEBI Research Analyst Number : INH300003314.