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.
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...
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. ...
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.
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.
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.
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.
Stoxkart Vs 5paisa Order Type Offered for NRI Account
Stoxkart
5paisa
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Stoxkart Vs 5paisa - NRI Account Advantages and Disadvantages
Stoxkart
5paisa
Pros
Good online trading platforms
Charges fixed brokerage of ₹200 per order across segments
Offers POs & Mutual Fund services to NRI customers.
Tie-up with Axis, HDFC, Yes and IndusInd banks for PIS
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
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
Open 5paisa Account
