Stoxkart vs Zerodha 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 Zerodha
Zerodha, a Bangalore based company, a pioneer in stock broking, is the biggest and one of the best and most popular stock brokers in India. The one of its kind, discount broking model was introduced by this leading broker few years back. And, now there's no looking back! It's online flat fee discount brokerage model has set an example to be followed by various other trading platforms across India. Ranked amongst the Top Discount Brokers in India, Zerodha holds a very strong position in terms of trading volumes and a massive and growing customer base. 
Zerodha: Overview
Incorporated in the year 2010 by Nitin Kamath, an engineer turned stock broker cum budding entrepreneur who nurtured the company with his ideas and innovation, Zerodha gained huge popularity within a short span. It has turned to be the leading stock broker in India, may it be
Stoxkart vs Zerodha Account Opening Charges: 2024
| Charge | Stoxkart | Zerodha |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 (Free) |
| Trading Acc Opening Charges | ₹500 | ₹200 (Equity) + Rs.100 (Commodity) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹300 per year |
Stoxkart vs Zerodha Brokerage Charges and Plans : 2024
| Charge | Stoxkart | Zerodha |
|---|---|---|
| Plan Name | N/A | Flat Brokerage Plan |
| Equity Delivery | ₹0 | ₹0 (Free) |
| Equity Intraday | ₹15 (on profit trades only) | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Futures | ₹15 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Options | ₹15 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order (on Turnover) |
| Currency Futures | ₹15 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Currency Options | ₹15 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Commodity Options | ₹15 per executed order | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Mutual Fund | N/A | ₹0 (Free Unlimited Direct MF) |
Stoxkart vs Zerodha Margin / Exposure: 2024
| Segment | Stoxkart | Zerodha |
|---|---|---|
| Equity Delivery | 1x (No margin) | 1x (no margin) |
| Equity Intraday | Up to 15x | BO,CO: Up to 25x | Up to 20x (based on the stock) |
| Equity Future | Up to 2x | BO,CO: Up to 7x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options | 1x (No margin) | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Future | Up to 2x | BO,CO: Up to 4x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options | 1x (No margin) | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity Future | Up to 2x | BO,CO: Up to 6x | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
| Commodity Options | 1x (No margin) | N/A |