Mirae Asset Securities review
Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026
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Our verdict
Mirae Asset Securities is a low-fee Indian brokerage aimed at beginners and day traders, covering shares, funds, options and futures from a web platform, app and API. With the account fee at INR 0 and options trades at INR 10, it suits small regular orders rather than large portfolios.
Key facts
- Best for
- Cheap share and options trading for beginners, with an account fee of INR 0.
- Minimum deposit
- ₹0↗
- Stock trade fee
- ₹10↗
- Account fee
- ₹0↗
- Markets
- Stocks, ETFs, Options, Futures, Funds↗
- Margin rate
- 8.99%↗
- Options contract fee
- ₹10↗
- Deposit and withdrawal fees
- UPI free; net banking Rs7-11 + GST↗
- Platforms
- Web Trading Platform, Trading App, Trading API↗
- Maximum retail leverage
- 4X↗
- Headquarters
- South Korea↗
- Features
- Options, Futures, Mobile app
- Pricing model
- Low fees
- Audience
- Beginners, Day traders
- Official website
- miraeasset.com
Facts checked September 26, 2026, 3 sources
Pros and cons
Pros
- A minimum deposit of INR 0, so an account can be opened before any money goes in
- Stocks, ETFs, funds, options and futures in the same account, served by a web trading platform, a trading app and a trading API
- Stock trades at INR 10 a trade, which keeps frequent small orders cheap
- Aimed squarely at beginners and day traders, with a margin rate of 8.99% on funded positions
Cons
- Retail leverage of 4X is offered, and a margin rate of 8.99% applies, so losses can grow faster than on a cash account
- Net banking transfers add a small rupee charge plus GST, so UPI is the cheaper way to move money in and out
- Derivatives carry real money risk: 72.05% of retail accounts lose money in this group
Who it suits
- First-time investors in India, who can open an account with a minimum deposit of INR 0 and hold it at an account fee of INR 0
- Day traders who want options and futures alongside shares, with leverage of 4X available
- Traders who want to run their own software, since a trading API sits next to the app and web platform
Who should look elsewhere
- eToro, for readers who want stock trades at $0 instead of INR 10 a trade
- bunq, which asks for a minimum deposit of €10 where this account opens at INR 0
Where it sits among rivals
On account fee it ranks 1 of 142, and on minimum deposit 1 of 218. The stock trade fee ranks 100 of 166, so the free account and free entry are the stronger part of the offer, while per-trade costs sit mid-table.
How Mirae Asset Securities compares
9.3 vs 9.4
9.3 vs 8.7
9.3 vs 8.3
9.3 vs 8.5
9.3 vs 9.4
9.3 vs 9.3
9.3 vs 8.7
9.3 vs 9.2eToro charges $0 for a stock trade against INR 10 here.
9.3 vs 8.7
9.3 vs 8.6
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.0
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.2
9.3 vs 9.1
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 9.0
9.3 vs 8.8
Frequently asked questions
What does it cost to open and hold an account?+
There is no account charge, with the account fee listed at INR 0, and the minimum deposit is INR 0, so the account can be opened without putting money in. Deposits and withdrawals by UPI are free, which keeps small first orders practical.
How much does a trade cost?+
A stock trade is charged at INR 10 and an options trade at INR 10. These are set amounts per trade rather than a percentage, so the charge does not grow with the size of the order. Funded positions carry a margin rate of 8.99%.
How do I pay money in and take it out?+
UPI deposits and withdrawals are free. Net banking transfers carry a small rupee charge plus GST, so UPI is the cheaper route for moving money in and out. With the minimum deposit at INR 0, small transfers work as comfortably as large ones.
What can I trade?+
Stocks, ETFs, funds, options and futures all sit in the same account, and options and futures are the headline features alongside the mobile app. Retail accounts can use leverage of 4X at a margin rate of 8.99%, which magnifies gains and losses alike.
Which platforms can I use?+
Trading runs through a web trading platform, a mobile trading app and a trading API, so the same account works on a desktop, on a phone and from your own code. That range suits the beginners and day traders in beginners and day traders.
Who is this broker built for?+
It is built for beginners and day traders rather than institutional desks, and the low-fee model puts the per-trade charge of INR 10 at the centre. An account fee of INR 0 means an idle account costs nothing to hold.
How risky is trading here?+
Options and futures run on the account alongside shares, and retail leverage of 4X can speed up losses. Across this category of broker 72.05% of retail accounts lose money, so a low fee does not reduce the risk of the markets themselves.
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
Cheap share and options trading for beginners, with an account fee of INR 0.