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.
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,
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
Charge | Stoxkart | Anand Rathi |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹550 (One time) |
Trading Acc Opening Charges | ₹500 | ₹750 (One time) |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 per year | ₹299 from second year onward |
Charge | Stoxkart | Anand Rathi |
---|---|---|
Plan Name | N/A | Standard Plan |
Equity Delivery | ₹0 | 0.5% - 0.15% |
Equity Intraday | ₹15 (on profit trades only) | 0.05% -0.015% |
Equity Futures | ₹15 per executed order | 0.05% -0.015% |
Equity Options | ₹15 per executed order | ₹75 to ₹20 |
Currency Futures | ₹15 per executed order | 0.05% -0.015% |
Currency Options | ₹15 per executed order | ₹75 to ₹20 |
Commodity Options | ₹15 per executed order | 0.008% - 0.05% |
Mutual Fund | N/A | N/A |
Segment | Stoxkart | Anand Rathi |
---|---|---|
Equity Delivery | 1x (No margin) | N/A |
Equity Intraday | Up to 15x | BO,CO: Up to 25x | N/A |
Equity Future | Up to 2x | BO,CO: Up to 7x | N/A |
Equity Options | 1x (No margin) | N/A |
Currency Future | Up to 2x | BO,CO: Up to 4x | N/A |
Currency Options | 1x (No margin) | N/A |
Commodity Future | Up to 2x | BO,CO: Up to 6x | N/A |
Commodity Options | 1x (No margin) | N/A |