Stoxkart vs Trade Smart Online 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 Trade Smart Online
Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.
Trade Smart: An Overview
Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform.
Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading.
They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly
Stoxkart vs Trade Smart Online Account Opening Charges: 2024
| Charge | Stoxkart | Trade Smart Online |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹200 |
| Trading Acc Opening Charges | ₹500 | ₹200 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 per year | ₹300 |
Stoxkart vs Trade Smart Online Brokerage Charges and Plans : 2024
| Charge | Stoxkart | Trade Smart Online |
|---|---|---|
| Plan Name | N/A | Power Trading Plan |
| Equity Delivery | ₹0 | ₹15 per executed order |
| Equity Intraday | ₹15 (on profit trades only) | ₹15 per executed order |
| Equity Futures | ₹15 per executed order | ₹15 per executed order |
| Equity Options | ₹15 per executed order | ₹15 per executed order |
| Currency Futures | ₹15 per executed order | ₹15 per executed order |
| Currency Options | ₹15 per executed order | ₹15 per executed order |
| Commodity Options | ₹15 per executed order | ₹15 per executed order |
| Mutual Fund | N/A | N/A |
Stoxkart vs Trade Smart Online Margin / Exposure: 2024
| Segment | Stoxkart | Trade Smart Online |
|---|---|---|
| Equity Delivery | 1x (No margin) | 1x (No Margin) |
| Equity Intraday | Up to 15x | BO,CO: Up to 25x | Upto 30x |
| Equity Future | Up to 2x | BO,CO: Up to 7x | MIS: 3X | BO: 7X | CO: 7X |
| Equity Options | 1x (No margin) | MIS: 3X | BO: 7X | CO: 7X |
| Currency Future | Up to 2x | BO,CO: Up to 4x | MIS: 3X | BO: 3X | CO: 3X |
| Currency Options | 1x (No margin) | MIS: 3X |
| Commodity Future | Up to 2x | BO,CO: Up to 6x | MIS: 2X | BO: 6X | CO: 6X |
| Commodity Options | 1x (No margin) | N/A |