Cryptocurrency and stock trading have become mainstream as mobile trading apps make it easier than ever to invest. One such app, mStock, is gaining significant attention for its low-cost trading options, real-time market data, and seamless user experience. Whether you’re an experienced trader or just getting started, mStock provides the tools you need to succeed, and using the mStock App Referral Code “REF67197” ensures that you start your trading journey with ₹149 cashback.
In this comprehensive guide, we’ll break down everything you need to know about mStock and how you can redeem the Referral Code “REF67197” to unlock the ₹149 cashback offer. This article will also highlight the key features of the app, including how to make the most of your cashback, tips for using the platform effectively, and how it compares to other trading platforms.
The mStock App is an innovative mobile trading platform developed by Muthoot Securities. It allows users to trade stocks, mutual funds, exchange-traded funds (ETFs), and more. The app is designed to provide a seamless, cost-effective trading experience for users in India, with a focus on low brokerage fees, real-time market updates, and an intuitive interface. Whether you’re a beginner or an experienced investor, mStock offers everything you need to manage and grow your investment portfolio.
How to Use the mStock App Referral Code "REF67197"
If you’re ready to start trading and claim the ₹149 cashback, follow these simple steps to redeem the mStock App Referral Code “REF67197”:
Step 1: Download the mStock App
Start by downloading the mStock App from the Google Play Store or the Apple App Store, depending on your device. The app is free to download and provides instant access to the trading platform.
Step 2: Sign Up for mStock
Once you’ve installed the app, open it and begin the sign-up process. During this process, you’ll need to provide your personal details, including your name, phone number, email address, and PAN card details for identity verification (KYC).
Step 3: Enter the mStock Referral Code “REF67197”
During registration, you will be prompted to enter a Referral Code. This is where you’ll input “REF67197”. By entering this code, you’ll instantly receive ₹149 cashback once your account is verified and active.
Step 4: Complete KYC Verification
To comply with regulatory requirements, complete your KYC (Know Your Customer) verification. This step involves submitting documents like your PAN card, Aadhar card, and a passport-sized photograph. Once the documents are verified, your account will be ready for trading.
Step 5: Start Trading and Enjoy Cashback
Now that your account is set up, you can start trading right away. The ₹149 cashback will be credited to your account once the registration process is completed, and you can use it towards your first trade or any transaction fees.
Why Use the mStock App Referral Code "REF67197"?
There are many benefits to using the mStock App Referral Code “REF67197”:
1. ₹149 Cashback
The most immediate benefit is the ₹149 cashback that you receive upon registration. This cashback is a great way to lower your costs as you start trading, and it can be used towards transaction fees or future trades.
2. Low Brokerage Fees
One of the main selling points of the mStock App is its low brokerage fees. The app is designed to be cost-effective for traders, offering one of the lowest brokerage structures available in the Indian market. This is particularly beneficial for traders who make multiple trades throughout the day.
3. User-Friendly Interface
The mStock App is designed with ease of use in mind. Whether you’re a beginner or an experienced trader, the app’s clean interface ensures that you can navigate the platform effortlessly. From placing trades to monitoring your portfolio, everything is just a tap away.
4. Wide Range of Investment Options
With mStock, you can trade a variety of assets, including stocks, mutual funds, and ETFs. The app provides access to both NSE and BSE-listed stocks, making it a versatile platform for all types of investors.
5. Real-Time Market Updates
Stay up to date with the latest market trends using the mStock App‘s real-time data and news updates. The app provides live stock prices, charting tools, and news alerts, ensuring that you’re always informed and can make quick decisions based on the latest market information.
6. Security and Reliability
mStock prioritizes the security of your funds and personal information. The app uses two-factor authentication (2FA) to secure your account and encrypts all your data to protect against unauthorized access.
Key Features of the mStock App
Here are some of the standout features of the mStock App:
1. Easy Stock Trading
The mStock App allows you to trade stocks on the NSE and BSE with just a few taps. You can place buy and sell orders, track your investments, and even set stop-loss limits to minimize potential losses.
2. Mutual Fund and SIP Investments
In addition to stocks, mStock allows you to invest in mutual funds through a simple and intuitive process. The app also supports Systematic Investment Plans (SIP), making it easy to invest small amounts periodically in mutual funds for long-term growth.
3. ETFs and Commodities
For those looking to diversify their portfolios, mStock offers ETFs and commodities as investment options. ETFs are ideal for investors seeking exposure to a broad range of stocks without having to pick individual securities.
4. Advanced Charting Tools
The app provides access to advanced charting tools, including various technical indicators, moving averages, and other analysis features. These tools help you make informed decisions based on market trends and data.
5. Tax-Saving Investment Options
mStock also helps you save on taxes by allowing you to invest in tax-saving mutual funds under Section 80C. This is a great way to reduce your taxable income while growing your wealth at the same time.
How Does mStock App Compare to Other Trading Platforms?
With many trading apps available, mStock stands out due to its low fees, ease of use, and variety of investment options. Let’s compare mStock to other popular trading platforms in India:
| Feature | mStock | Zerodha | Upstox |
|---|---|---|---|
| Brokerage Fees | Low and transparent pricing | Low fees, but higher than mStock | Low fees, with hidden charges |
| User Interface | Simple and user-friendly | Functional, but slightly complex | Easy-to-use |
| Investment Options | Stocks, Mutual Funds, ETFs, SIP | Stocks, Mutual Funds, ETFs | Stocks, Mutual Funds |
| Market Tools | Real-time data, news alerts | Advanced charting tools | Real-time data and research |
| Security | 2FA, encryption, secure data | 2FA, secure login | 2FA, secure transactions |
If you’re looking to enhance your savings while shopping and investing, consider exploring the Paisawapas Referral Code. By using this code, you can earn cashback on your purchases across various online platforms. This is a great way to save money on everyday shopping. To learn more about the Paisawapas Referral Code and how it can benefit you, check out our detailed guide here: Paisawapas Referral Code.
Conclusion
The mStock App provides a low-cost, user-friendly platform for trading stocks, mutual funds, and other assets. By using the mStock App Referral Code “REF67197”, you can instantly unlock ₹149 cashback, giving you a head start in your trading journey. Whether you’re looking to trade stocks or build a diversified portfolio, mStock has the tools you need to succeed.
So, what are you waiting for? Download the mStock App, apply the Referral Code “REF67197”, and start your investment journey today!
FAQs About mStock App Referral Code
1. What is the mStock App Referral Code?
(REF67197) is the official referral code that gives ₹149 cashback to new users.
2. How much do I earn for referring others?
mStock offers rewards (cash or vouchers) based on the number of successful referrals. Check the app for current offers.
3. Is the cashback credited instantly?
Yes, the ₹149 cashback is credited shortly after successful account verification and payment.
4. Can I use the referral code later?
No, the referral code must be entered during the sign-up process to claim the benefit.
5. Is there any fee to open an account?
Yes, there’s a one-time fee (₹999 or promotional ₹149) for lifetime zero brokerage.
6. What can I trade on mStock?
You can trade equities, F&O, IPOs, mutual funds, and more.
7. Is mStock SEBI registered?
Yes, mStock is fully regulated and registered with SEBI under Mirae Asset.
8. Can I refer my family and friends?
Absolutely! There’s no cap on how many people you can refer.
9. Where do I track referral earnings?
Log in to your mStock account and navigate to the “Refer & Earn” dashboard.
10. Is the mStock app available for iOS and Android?
Yes, you can download the app from the Play Store or App Store.
