Stoxkart Vs Aditya Birla Money NRI Account Comparison

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.

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.

• Part of Aditya Birla group, a financial services conglomerate
• Provides a wide range of financial services under one roof
• Offers research advice and stock recommendations

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.

• Doesn't offer a 3-in-1 account and separate account opening increases the paperwork.
• Doesn't offer an IPO investment option.
• Robo advisory facility is not available.

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.

Aditya Birla Capital is a well-known name when it comes to financial services. However, when it comes to trading & investment services for NRIs it doesn't measure up to its reputation. The company doesn't have a major USP for NRIs. It doesn't offer 3-in-1 accounts. The choices in trading platforms are limited. There are many better options available in the market.