The side-by-side comparison of Stoxkart and Anand Rathi NRI Account. Compare Stoxkart Vs Anand Rathi NRI Account brokerage charges, exposure margin, demat account and AMC. Read Anand Rathi and Stoxkart NRI Account reviews.
Find out Stoxkart Vs Anand Rathi which is better NRI Trading Account. See Stoxkart Vs Anand Rathi which is best NRI Demat Account.
Our Stoxkart by SMC Global comparison with Anand Rathi highlights the major differences between two brokers. Find the best between Stoxkart and Anand Rathi 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...
Anand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves...
Account Type
NRI Account
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: Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.
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 Anand Rathi NRI Account Margin
Stoxkart Margin
Anand Rathi 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.
Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.
Stoxkart Vs Anand Rathi Order Type Offered for NRI Account
Stoxkart
Anand Rathi
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Stoxkart Vs Anand Rathi - NRI Account Advantages and Disadvantages
Stoxkart
Anand Rathi
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.
Advanced online trading platforms.
Wide range of online trading platforms
Offers research and recommendation tips.
Offers Relationship Manager assistance
Offers free call & trade facility for NRIs.
Can open PIS account with multiple banks.
Online Mutual Fund investment is available.
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.
Charges brokerage in percentage which is higher than most of the discount brokers.
It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
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.
Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds