HDFC Securities vs m.Stock by Mirae Asset: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeHDFC Securitiesm.Stock by Mirae Asset
Licence Score48Moderate42Weak
Strongest licence 2 Tier 2 2 Tier 2
Licences on record11
2 SEBI India LicensedLicensed
Founded20002018
HeadquartersIndiaIndia
TypeExchange-traded currency brokerExchange-traded currency broker
Publicly listedNoNo
PlatformsProprietaryProprietary
Minimum depositNo minimumNo minimum
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Frequently asked questions

Is HDFC Securities or m.Stock by Mirae Asset better regulated?

HDFC Securities has the higher Licence Score (48 vs 42), based on the number and tier of licences, operating history and public listing.

Which regulators license both HDFC Securities and m.Stock by Mirae Asset?

Both are matched to licences from SEBI.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.