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,
One of the popular financial services in the country happens to be Master Trust. Its core beliefs are nurtured towards investment, attitude and sound & philosophical investment approach eloping in the investment universe. The company has a considerable track record for over two decades. Ever since its inception, the company has grown strong with 650+ employees and served over 1,50,000+ clients to date.
Master Trust is a discount brokerage company which is a subsidiary of Master Capital Services Pvt Ltd. Due to the efforts pulled in by Mr Harjeet Singh and Mr R. K. Singhania, the company was founded in 1994. Currently, the company is located at the financial capital of India, Mumbai.
In 1994, the company acquired its membership of NSE. After which it attained its membership in various depository and exchanges services such as NSDL & CSDL. Furthermore, the stockbroker opened gateways to trade with MCX-SX &
Charge | Stoxkart | Master Trust |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹500 | ₹100 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹300 per year | ₹300 per year |
Charge | Stoxkart | Master Trust |
---|---|---|
Plan Name | N/A | 20:20 Plan |
Equity Delivery | ₹0 | ₹0 |
Equity Intraday | ₹15 (on profit trades only) | ₹20 per executed order |
Equity Futures | ₹15 per executed order | ₹20 per executed order |
Equity Options | ₹15 per executed order | ₹20 per executed order |
Currency Futures | ₹15 per executed order | ₹20 per executed order |
Currency Options | ₹15 per executed order | ₹20 per executed order |
Commodity Options | ₹15 per executed order | ₹20 per executed order |
Mutual Fund | N/A | N/A |
Segment | Stoxkart | Master Trust |
---|---|---|
Equity Delivery | 1x (No margin) | 1x for 20:20 brokerage plan; Upto 4.5x for Standard Plan |
Equity Intraday | Up to 15x | BO,CO: Up to 25x | Upto 6x |
Equity Future | Up to 2x | BO,CO: Up to 7x | Upto 4x |
Equity Options | 1x (No margin) | Upto 5x |
Currency Future | Up to 2x | BO,CO: Up to 4x | Upto 3x |
Currency Options | 1x (No margin) | Upto 3x |
Commodity Future | Up to 2x | BO,CO: Up to 6x | Upto 1x |
Commodity Options | 1x (No margin) | Upto 1x |