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Stoxkart Vs 5paisa NRI Account Comparison

The side-by-side comparison of Stoxkart and 5paisa NRI Account. Compare Stoxkart Vs 5paisa NRI Account brokerage charges, exposure margin, demat account and AMC. Read 5paisa and Stoxkart NRI Account reviews.

Find out Stoxkart Vs 5paisa which is better NRI Trading Account. See Stoxkart Vs 5paisa which is best NRI Demat Account.

Our Stoxkart by SMC Global comparison with 5paisa Capital Ltd highlights the major differences between two brokers. Find the best between Stoxkart and 5paisa NRI Account.

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Stoxkart Vs 5paisa

  Stoxkart 5paisa
 
  Stoxkart by SMC Global Logo 5paisa Capital Ltd Logo
About the Broker Stoxkart is an online discount stock broker in India. The Delhi based broker offers trading and investment services to both resident and NRIs. Stoxkart offers 2-in-1 accounts to NRIs which includes trading and a demat account linked to each other. It... Know more about Stoxkart by SMC Global 5paisa does not offer NRI trading and demat account. As per the company representative on 22nd July 2019, 'We wish to inform you that currently we are not offering our services to NRIs, only Resident Indians can open an account with us. ... Know more about 5paisa Capital Ltd
Account Type NA
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

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Stoxkart Vs 5paisa Charges

  Stoxkart 5paisa
NRI Account Opening Fees ₹590 NA
NRI Account AMC ₹590 NA
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Rs 300 Rs 300
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Stoxkart Vs 5paisa NRI Account Brokerage Comparison

Account Type Stoxkart 5paisa NA
Equity Delivery ₹200 per executed order NA
Equity Futures ₹200 per executed order NA
Equity Options ₹200 per executed order NA
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges NA
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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Stoxkart Vs 5paisa NRI Account Taxes/Fees

  Stoxkart 5paisa
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Stoxkart Vs 5paisa NRI Account Margin

  Stoxkart Margin 5paisa Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Stoxkart and 5paisa NRI Account Features

  Stoxkart 5paisa
3-in-1 Account No No
Automated Trading No No
Free Research And Tips No No
Other Features NRI Account for US and Canada based NRIs
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Stoxkart Vs 5paisa NRI Account Review

  Stoxkart Review 5paisa Review
  4 Customer Reviews    Rate Stoxkart 92 Customer Reviews    Rate 5paisa
Fees 3.8 2.9
Brokerage 4.8 3.6
Trading Platform 3.8 2.8
Customer Service 3.3 2.1
Overall Rating Rated 3.8 stars Rated 2.6 stars
Broker Rating Stoxkart is Rated 3.8 / 5 based on 4 customer reviews 5paisa is Rated 2.6 / 5 based on 92 customer reviews
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Contact Broker / Request A Call Back

  Stoxkart Enquire 5paisa Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
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Stoxkart Vs 5paisa NRI Investment Options

  Stoxkart 5paisa
Stocks Yes No
Initial Public Offers (IPO) No No
Mutual Funds Yes No
Other Investment Options

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Stoxkart Vs 5paisa NRI Customer Service

  Stoxkart 5paisa
Customer Care Number NA
Customer Care Email NA
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Stoxkart Vs 5paisa Order Type Offered for NRI Account

  Stoxkart 5paisa
Bracket Order No No
Cover Order No No
After Market Order(AMO) No
Good Till Cancelled (GTC) No

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Stoxkart Vs 5paisa - NRI Account Advantages and Disadvantages

  Stoxkart 5paisa
Pros
  1. Good online trading platforms
  2. Charges fixed brokerage of ₹200 per order across segments
  3. Offers POs & Mutual Fund services to NRI customers.
  4. Tie-up with Axis, HDFC, Yes and IndusInd banks for PIS
  5. Services also available for US and Canada based NRIs. Many brokers don't offer services to US and Canada based NRIs due to extra compliance.
Cons
  1. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to the Stoxkart trading account before trading.
  • 5paisa does not offer NRI trading and demat account.
Conclusion

Stoxkart comes across as a good choice for NRIs looking to invest in stock markets in India. The company offers good proprietary and 3rd party trading platforms and tools. It offers IPO and mutual fund investment services to meet the varied investment needs of NRIs. A simple flat-fee brokerage model of ₹200 per order makes it an attractive proposition for high-volume NRI traders who would have paid a lot more brokerage with a traditional stock broker.

5paisa, the 2nd largest discount stock broker in India, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with 5paisa, you have to close it and open a new account with another broker who offers NRI services.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.
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