Stoxkart
Discount Broker
About Broker
Backed by the SMC group, Stoxkart offers trading and investing in various segments at a flat rate of brokerage. As of February 2024, Stoxkart has an active client base of 22,084.
Product Basket
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
Brokerage Plan
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Charges
account opening
₹500account maintenance
₹300call trade
₹20Brokerage
equity delivery
Zeroequity intraday
₹15 per orderequity futures
₹15 per orderequity options
₹15 per ordercurrency futures
₹15 per ordercurrency options
₹15 per ordercommodity futures
₹15 per ordercommodity options
₹15 per orderMargins
Equity Delivery
4x As per exchangeEquity Intraday
33x As per exchangeEquity Futures
4x As per exchangeEquity Options
4x As per exchangeCurrency Futures
4x As per exchangeCurrency Options
4x As per exchangeCommodity Futures
4x As per exchangeCommodity Options
0x As per exchangePlatforms Offered
Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Other Details
Advantages and Strengths of this broker.
The brokerage charges are relatively low, and the most appealing aspect is that they are applicable only when one earns a profit in their intraday position.
Offers complimentary stock recommendations.
Provides real-time data for various indices.
The support team is available to assist customers with trade-related queries.
Disadvantages of this broker that it needs to improve upon.
The Call & Trade facility is available at additional costs.
The app is relatively data-intensive in terms of internet usage.
Direct mutual funds are not offered; only regular plans are available.
Customers need to pay an extra amount for every additional feature, including the margin plan.
ODIN software is provided but at an additional cost.
Their software and interface are basic, lacking additional features.
Additional Features
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Other Investment Options
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Equily Charges
transaction charges
BSE: 0.00375%
NSE:
clearing charges
dp charges
--
gst
18% on Brokerage + Transaction
stt
0.1%
sebi charges
₹ 10 per crore
transaction charges
BSE: 0.00375%
NSE:
clearing charges
dp charge
--
gst
18% on Brokerage + Transaction
stt
0.025%
sebi charges
₹ 10 per crore
transaction charges
BSE: 0.00050%
NSE:
clearing charges
NSE:
dp charge
--
gst
18% on Brokerage + Transaction
stt
0.01%
sebi charges
₹ 10 per crore
transaction charges
NSE:
clearing charges
NSE:
dp charge
--
gst
18% on Brokerage + Transaction
stt
0.05%
sebi charges
₹ 10 per crore
