Stoxkart: Trading & Demat Account, Reviews, Charges: 2020

Stoxkart is based out of Delhi, and it is relatively new in the broking market place, incorperated only in 2019. Stoxkart is an online discount broker, which offers services like trading and investment across a variety of segments including equity markets, commodities, currencies, futures and options, IPOs and mutual funds.

Stoxkart: Overview

A Delhi-based firm, Stoxkart is a part of SMC Global Limited, which itself is a full-service broker and has been a leading diversified financial services company in India for quite a while now.

As mentioned earlier, Stoxkart provides services of trading across a lot of different sectors, but also in that, it provides up to 25 times exposure on intraday trades which can be across equities, currencies and commodities, which happens to be among one of the highest margins offered, especially by a discount broker. The company can do that because it is backed by SMC, which is a full-service broker, who has expanded into this space because of the current trend of people opting for discount brokers. As a discount broker charges a low brokerage charge compared to a full-service broker.

Stoxkart: What's new?

Among the various value added benefits, one particularly interesting one that Stoxkart has brought is the concept of paying brokerage only when one books a profit. This marks the first firm in India to do so, among all the brokerages. Along with this, there is also their referral program which offers Amazon Gift cards for their referrers, of Rs 200. Like its peers, it also offers free mutual fund investment.

Stoxkart is a team of highly experienced and skilled professionals with proven track records and solid financial backgrounds. This, along with their coming of age approach along with a dedicated support team, enables the brokerage to provide good quality services at surprisingly reasonable price.

Stoxkart: Trading Platforms

Stoxkart, like all of its peers, is available on all personal and mobile devices across all platforms, catering to both novice and advanced traders.

1. Stoxkart Mobile Trading Application:

Stoxkart provides a flawless trading experience through its mobile trading application. It has two applications, the second by the name of Stoxkart Pro, which is for advanced traders, fulfilling their needs when trading on the go.

2. Stoxkart StoxMF:

This is a specific mutual fund trading application, for all of the mutual fund needs be it selecting units for investment, looking at historical performance data, etc operated through Stoxkart account.

3. Stoxkart Desktop Trading Platform:

A fast user-friendly program downloadable for desktop., which has all the features a trader needs from charting tools to real-time alerts, providing a secure, unique and quick experience.

4. Stoxkart Browser Trading Platform:

Lastly, of course like all the traders, it also offers a browser based trading platform for beginners and infrequent investors alike, to both trade and check your dematerialized holdings.

Stoxkart Account Opening Charges:2020

ChargeAmount
Demat Account Opening Charges₹0
Trading Acc Opening Charges₹500
Trading Account AMC₹0
Demat Account AMC₹300 per year

Stoxkart Account Brokerage Charges: 2020

Stoxkart :null Brokerage Charges

ChargeAmount
Plan Name
Equity Delivery₹0
Equity Intraday₹15 (on profit trades only)
Equity Futures₹15 per executed order
Equity Options₹15 per executed order
Currency Futures₹15 per executed order
Currency Options₹15 per executed order
Commodity Options₹15 per executed order
Mutual Fund

Stoxkart Commodity Trading

Stoxkart has brought the concept of paying brokerage only when one books a profit. This marks the first firm in India to do so.

Stoxkart: Commodity Trading

Since Stoxkart is a registered MCX broker, there is an option to trade in commodities. Stoxkart customers can trade in commodity futures and options

Stoxkart Margin/Exposure

Stoxkart interaday, delivery, F&O, currency and commodity margins/exposure

SegmentTrading Margin
Equity Delivery1x (No margin)
Equity IntradayUp to 15x | BO,CO: Up to 25x
Equity FutureUp to 2x | BO,CO: Up to 7x
Equity Options1x (No margin)
Currency FutureUp to 2x | BO,CO: Up to 4x
Currency Options1x (No margin)
Commodity FutureUp to 2x | BO,CO: Up to 6x
Commodity Options1x (No margin)

Stoxkart online discount broker also provides IPO investment facility to clients. The best part is that stoxkart facilitates both the Indian as well as NRIs to invest in IPO online.

Follow an easy account opening process with few basic requirements to complete for getting your Stoxkart demat and trading account opened. If you have your PAN card copy, AADHAR, bank proof ready, it's all the more easy to open your demat and trading account online in an easy manner. Here we explain a detailed step by step process of how to open a trading and demat account with Stoxkart.

Stoxkart is a safe and reliable brokerage house in India. Stoxkart is a SEBI registered broker and depository participant of CDSL to offer Demat account opening services to its clientele base.

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