Stoxkart Vs Motilal Oswal 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.

1. Full-service broker with a range of trading & investment services.
2. A strong research team that provides investment advice and trade recommendations.
3. Presence across 2,200 locations in over 500 cities in India.

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. MOSFL doesn't offer 3-in-1 account services. So, NRIs have to first transfer money from PIS account to trading account before placing an order.
2. It doesn't have offices in any foreign locations.
3. Brokerage is higher in comparison with discount stock brokers like Zerodha and Prostocks.

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.

Motilal Oswal is a popular name in the financial services industry in India. The company offers a range of online trading and investment services to NRIs. NRIs get free access to the trading platform and dedicated research team that provides market insights through published reports on the economy, market trends, and sectors. Higher brokerage makes it expensive for investors/traders who don't need advisory services.