Stoxkart vs Indiabulls Comparison: 2024
About Stoxkart
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,
About Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
Stoxkart vs Indiabulls Account Opening Charges: 2024
| Charge | Stoxkart | Indiabulls |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹500 | ₹500 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 per year | ₹450 |
Stoxkart vs Indiabulls Brokerage Charges and Plans : 2024
| Charge | Stoxkart | Indiabulls |
|---|---|---|
| Plan Name | N/A | Equity Unlimited Trade Plan |
| Equity Delivery | ₹0 | ₹0 |
| Equity Intraday | ₹15 (on profit trades only) | ₹0 |
| Equity Futures | ₹15 per executed order | ₹15 per trade |
| Equity Options | ₹15 per executed order | ₹15 per trade |
| Currency Futures | ₹15 per executed order | ₹15 per trade |
| Currency Options | ₹15 per executed order | ₹15 per trade |
| Commodity Options | ₹15 per executed order | 0.03% |
| Mutual Fund | N/A | N/A |
Stoxkart vs Indiabulls Margin / Exposure: 2024
| Segment | Stoxkart | Indiabulls |
|---|---|---|
| Equity Delivery | 1x (No margin) | 1x (No margin) |
| Equity Intraday | Up to 15x | BO,CO: Up to 25x | Upto 5x |
| Equity Future | Up to 2x | BO,CO: Up to 7x | Intra-day: 4x | Carry forward: 1x |
| Equity Options | 1x (No margin) | Intra-day: 4x | Carry forward: 1x |
| Currency Future | Up to 2x | BO,CO: Up to 4x | Intra-day: 2x | Carry forward: 1x |
| Currency Options | 1x (No margin) | Intra-day: 2x | Carry forward: 1x |
| Commodity Future | Up to 2x | BO,CO: Up to 6x | N/A |
| Commodity Options | 1x (No margin) | N/A |