Stoxkart Vs Kotak Securities NRI Account Comparison

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

Find out Stoxkart Vs Kotak Securities which is better NRI Trading Account. See Stoxkart Vs Kotak Securities which is best NRI Demat Account.

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

Expand

Stoxkart Vs Kotak Securities

  Stoxkart Kotak Securities
 
Stoxkart by SMC Global Securities Ltd Logo Kotak Securities 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 Securities Ltd Kotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun... Know more about Kotak Securities Ltd
Account Type NRI Account
Broker Enquiry Open an Online Trading Account with Stoxkart. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you.
Expand

Stoxkart Vs Kotak Securities Charges

  Stoxkart Kotak Securities
NRI Account Opening Fees ₹590 ₹3750
NRI Account AMC ₹590 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 300 Rs 600
PIS Account AMC ₹1000
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Expand

Stoxkart Vs Kotak Securities NRI Account Brokerage Comparison

Brokerage Plan

  Stoxkart Kotak Securities
Account Type NRI Account
Equity Delivery ₹200 per executed order 1.00%
Equity Futures ₹200 per executed order 1.00%
Equity Options ₹200 per executed order 1.00%

Other Charges

Contract Note Reporting Charges ₹0
Other Brokerage Charges Average Quarterly Balance: ₹10000
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%
Expand

Stoxkart Vs Kotak Securities NRI Account Taxes/Fees

  Stoxkart Kotak Securities
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.
Expand

Stoxkart Vs Kotak Securities NRI Account Exposure Margin

  Stoxkart Kotak Securities
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.

Expand

Stoxkart and Kotak Securities NRI Account Feature Comparison

  Stoxkart Kotak Securities
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips No Yes
Other Features NRI Account for US and Canada based NRIs
Expand

Stoxkart Vs Kotak Securities NRI Account Review

  Stoxkart Kotak Securities
  3 Customer Reviews    Rate Stoxkart 170 Customer Reviews    Rate Kotak Securities
Fees 3.3 2.4
Brokerage 4.7 2.3
Trading Platform 3.3 3.3
Customer Service 3.0 2.8
Overall Rating Rated 3.3 stars Rated 2.4 stars
Broker Rating Stoxkart is Rated 3.3 / 5 based on 3 customer reviews Kotak Securities is Rated 2.4 / 5 based on 170 customer reviews
*

Contact Broker / Request A Call Back

  Stoxkart Kotak Securities
Contact Broker
*

Stoxkart Vs Kotak Securities NRI Investment Options

  Stoxkart Kotak Securities
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Other Investment Options
Expand

Stoxkart Vs Kotak Securities NRI Customer Service

  Stoxkart Kotak Securities
Customer Care Number 022 6689 6000, 022 6652 9191
Customer Care Email nricustomerservice@kotak.com
Expand

Stoxkart Vs Kotak Securities Order Type Offered for NRI Account

  Stoxkart Kotak Securities
Bracket Order No Yes
Cover Order No Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
Expand

Stoxkart Vs Kotak Securities - NRI Account Advantages and Disadvantages

  Stoxkart Kotak Securities
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.
  1. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
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.
  1. The brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
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.

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

Promo / Offers
Expand

Stoxkart Vs Kotak Securities - More Reviews

  Stoxkart Kotak Securities
NRI Trading Review Stoxkart NRI Account Review Kotak Securities NRI Account Review
Enquire Stoxkart Enquire Kotak Securities
Compare
Stoxkart Vs Zerodha
Stoxkart Vs ICICI Direct
Stoxkart Vs HDFC Securities
Stoxkart Vs Sharekhan
Stoxkart Vs AxisDirect
Stoxkart Vs Angel Broking
Stoxkart Vs Motilal Oswal
Stoxkart Vs Dhani Stocks
Stoxkart Vs IIFL Securities
Stoxkart Vs SBI Securities
Stoxkart Vs Geojit
Stoxkart Vs Religare
Stoxkart Vs SMC Global
Stoxkart Vs 5paisa
Stoxkart Vs Ventura
Stoxkart Vs Anand Rathi
Stoxkart Vs Indiabulls
Stoxkart Vs Aditya Birla Money
Stoxkart Vs TradingBells
Stoxkart Vs IDBI Capital
Stoxkart Vs Tradeplus
Stoxkart Vs Tradejini
Stoxkart Vs Alice Blue
Stoxkart Vs Wisdom Capital
Stoxkart Vs Finvasia
Stoxkart Vs Prostocks
Stoxkart Vs Beeline
Stoxkart Vs Just Trade
Stoxkart Vs Compositedge
Stoxkart Vs Achiievers
Stoxkart Vs Trustline
Stoxkart Vs Indira Securities
Stoxkart Vs Choice Broking
Stoxkart Vs Yes Securities
Kotak Securities Vs Zerodha
Kotak Securities Vs ICICI Direct
Kotak Securities Vs HDFC Securities
Kotak Securities Vs Sharekhan
Kotak Securities Vs AxisDirect
Kotak Securities Vs Angel Broking
Kotak Securities Vs Motilal Oswal
Kotak Securities Vs Dhani Stocks
Kotak Securities Vs IIFL Securities
Kotak Securities Vs SBI Securities
Kotak Securities Vs Geojit
Kotak Securities Vs Religare
Kotak Securities Vs SMC Global
Kotak Securities Vs 5paisa
Kotak Securities Vs Ventura
Kotak Securities Vs Anand Rathi
Kotak Securities Vs Indiabulls
Kotak Securities Vs Aditya Birla Money
Kotak Securities Vs TradingBells
Kotak Securities Vs IDBI Capital
Kotak Securities Vs Tradeplus
Kotak Securities Vs Tradejini
Kotak Securities Vs Alice Blue
Kotak Securities Vs Wisdom Capital
Kotak Securities Vs Finvasia
Kotak Securities Vs Prostocks
Kotak Securities Vs Beeline
Kotak Securities Vs Just Trade
Kotak Securities Vs Compositedge
Kotak Securities Vs Achiievers
Kotak Securities Vs Trustline
Kotak Securities Vs Indira Securities
Kotak Securities Vs Choice Broking
Kotak Securities Vs Yes Securities







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App