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,
Tradingbells is an online discount brokerage firm, founded in the year of 2016, headquarter is in Indore, Madhya Pradesh. It is popular for its creative ideas, product and services which provides effortless trading experience to the investors. The firm has a presence in 80 different cities and 16 states throughout the nation.
A franchie of India Infoline (IIFL Securities Ltd.), the brokerage structure of a broking house is very simple and easy to understand. It provides customer assistance through phone, live chats, emails, branches and online feedback. Apart from this their referral program gives a chance to earn 10% of the brokerage generated by your first ten friends and 20% on beyond 10 friends. Tradingbells also offer free trades on their clients' birthdays (Terms & Conditions applied).
With the membership of NSE, BSE, MCX-SX & NCDEX, ICEX, Tradingbells offers a broad variety of investment products including equities,
Charge | Stoxkart | Trading Bells |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹150 |
Trading Acc Opening Charges | ₹500 | ₹ 300 |
Trading Account AMC | ₹0 | ₹ 0 |
Demat Account AMC | ₹300 per year | ₹300 |
Charge | Stoxkart | Trading Bells |
---|---|---|
Plan Name | N/A | N/A |
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 | Trading Bells |
---|---|---|
Equity Delivery | 1x (No margin) | 1x |
Equity Intraday | Up to 15x | BO,CO: Up to 25x | Up to 10x for Most Scrips |
Equity Future | Up to 2x | BO,CO: Up to 7x | Intraday: 3x | Carry: 1x |
Equity Options | 1x (No margin) | 1x |
Currency Future | Up to 2x | BO,CO: Up to 4x | Intraday: 3x | Carry: 1x |
Currency Options | 1x (No margin) | Intraday: 3x | Carry: 1x |
Commodity Future | Up to 2x | BO,CO: Up to 6x | Intraday: 3x | Carry: 1x |
Commodity Options | 1x (No margin) | N/A |