The side-by-side comparison of Stoxkart and Finvasia NRI Account. Compare Stoxkart Vs Finvasia NRI Account brokerage charges, exposure margin, demat account and AMC. Read Finvasia and Stoxkart NRI Account reviews.
Find out Stoxkart Vs Finvasia which is better NRI Trading Account. See Stoxkart Vs Finvasia which is best NRI Demat Account.
Our Stoxkart by SMC Global comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Stoxkart and Finvasia 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...
Finvasia offers online trading services to NRIs in equity, mutual funds, IPOs and equity F&O. It offers 2-in-1 account, combining a trading and a demat account, to NRIs to invest in various securities across NSE and BSE.
Finvasia is the only broker ...
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.
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.
Stoxkart Vs Finvasia Charges
Stoxkart
Finvasia
NRI Account Opening Fees
₹590
₹199
NRI Account AMC
₹590
₹0
NRI Demat Account Opening Fees
Rs 0
Rs 0 (Free)
NRI Demat Account AMC
Rs 300
Rs 0 per year (Lifetime Zero AMC)
PIS Account AMC
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
Stoxkart Vs Finvasia NRI Account Brokerage Comparison
Account Type
Stoxkart
Finvasia NRI Account
Equity Delivery
₹200 per executed order
₹0
Equity Futures
₹200 per executed order
₹0
Equity Options
₹200 per executed order
₹0
Other Charges
Contract Note Reporting Charges
NA
Other Brokerage Charges
₹0
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%
Stoxkart Vs Finvasia NRI Account Taxes/Fees
Stoxkart
Finvasia
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)
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 Finvasia NRI Account Margin
Stoxkart Margin
Finvasia 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.
Stoxkart and Finvasia NRI Account Features
Stoxkart
Finvasia
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
NRI Account for US and Canada based NRIs
Stoxkart Vs Finvasia NRI Account Review
Stoxkart Review
Finvasia Review
4 Customer Reviews
50 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Stoxkart is Rated 3.8 / 5 based on 4 customer reviews
Finvasia is Rated 4.5 / 5 based on 50 customer reviews
Contact Broker / Request A Call Back
Stoxkart Enquire
Finvasia 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.
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.
Stoxkart Vs Finvasia NRI Investment Options
Stoxkart
Finvasia
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Stoxkart Vs Finvasia NRI Customer Service
Stoxkart
Finvasia
Customer Care Number
+91 172 667 0000
Customer Care Email
contactus@finvasia.com
Stoxkart Vs Finvasia Order Type Offered for NRI Account
Stoxkart
Finvasia
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Stoxkart Vs Finvasia - NRI Account Advantages and Disadvantages
Stoxkart
Finvasia
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.
Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.
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.
Finvasia charges technology costs to provide access to some of the trading platforms.
It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.
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.
Finvasia is an excellent choice for frequent NRI traders as it doesn't change any brokerage fee. The online trading platform it offers is the industry standard. Advance trading tools are also available. It also offers Algo trading platform to NRIs. Finvaisa also provides demat account and clearing services at a very low price. Finvasia has offices in the UK and Canada.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds
