Mirae Asset introduces marquee trading platform, m.Stock
By Leandra Monteiro
Mirae Asset, a global leader in the financial services industry launched ‘m.Stock’, a platform for investment in the capital markets across the world. This new product combines seamless access to all trading and investment products under one roof paired with a ‘Zero Brokerage and No Commission’ model, making it an unbelievable proposition for both seasoned traders as well as novice investors.
m.Stock is a pioneer of many firsts in the investment arena but its flat account opening fee of INR 999 with zero brokerage, no platform fees, and a one-time account opening structure that defines a completely new category is perhaps its most remarkable feat. The platform is host to a number of features like; the pre-designed index baskets, voice search for individual stocks and contracts, access to long term historical data, one-click full exchange basket buy, intuitive help sections and much more for a hassle-free investment journey. With investment options that include stocks, F&Os, currencies, IPOs, and mutual funds, m.Stock provides multi-level security across the user journey, with the capability to process more than 1 crore trades a day for more than 15 lakh customers at the same time globally.
Commenting on the launch, Arun Chaudhry, Director & Chief Business Officer, Mirae Asset Capital Markets (India) Pvt. Ltd said “We at Mirae Asset are extremely excited to bring m.Stock, a global platform that has been curated keeping in mind the ever-changing technological innovation in the investment management space. It is a product that not only caters to the need of seasoned traders but also new-age investors making it a one-stop-shop for the investor community in India. Our aim behind m.Stock is to build a platform that the user will fall in love with, a journey the users will enjoy executing and the pricing which is a market differentiator still stands unbelievable to many. If anyone is looking for a simple, smart, safe, and intuitive platform, I am sure the search will stop at m.Stock. I would also like to reiterate that no matter how unbelievable the pricing may sound it is true, this comes with no catch.”
Adding to the excitement, Jisang Yoo, CEO, Mirae Asset Capital Markets (India) Pvt. Ltd said, “Mirae Asset is a globally established name and it carries a huge responsibility to consistently bring innovations in the investing space that will benefit the investor community worldwide. We take a lot of pride in the fact that in less than a decade, the Indian audience has shown immense trust in us. m.Stock is yet another offering from Mirae Asset that will cement our relationship with local audiences, while also redefining pricing models in the capital markets not just in India but globally as well. It is a product that will lead the change in the investment management industry for Mirae Asset.”
IBSi Daily News Analysis
June 08, 2023
The deep dive: payment systems in NetherlandsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage