Chittorgarh.com Logo
Loading...

Stoxkart Vs Sharekhan NRI Account Comparison

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

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

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

Expand

Stoxkart Vs Sharekhan

  Stoxkart Sharekhan
 
  Stoxkart by SMC Global Securities Ltd Logo Sharekhan 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 Sharekhan, a leading full-service broker in India, offers NRI Stock Trading and Demat accounts to NRI, PIO and OCI customers. Sharekhan offers a 3-in-1 NRI Trading account in partnership with Axis, Indusind, IDBI and HDFC Bank. This account comprises... Know more about Sharekhan
Account Type Sharekhan NRI Account
Enquire StoxkartEnquire Sharekhan

Expand

Stoxkart Vs Sharekhan Charges

  Stoxkart Sharekhan
NRI Account Opening Fees ₹590 ₹2000
NRI Account AMC ₹590 ₹3000
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Rs 300 Rs 400 (Free for 1st year)
PIS Account AMC
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire StoxkartEnquire Sharekhan

Expand

Stoxkart Vs Sharekhan NRI Account Brokerage Comparison

Account Type Stoxkart Sharekhan Sharekhan NRI Account
Equity Delivery ₹200 per executed order 0.50%
Equity Futures ₹200 per executed order 0.1% on first leg and 0.02% on second leg
Equity Options ₹200 per executed order ₹250 per contract note
Enquire StoxkartEnquire Sharekhan

Other Charges

Contract Note Reporting Charges
Other Brokerage Charges PIS Acct AMC: ₹1000
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 Sharekhan NRI Account Taxes/Fees

  Stoxkart Sharekhan
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 Sharekhan NRI Account Margin

  Stoxkart Margin Sharekhan 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.


Expand

Stoxkart and Sharekhan NRI Account Features

  Stoxkart Sharekhan
3-in-1 Account No No
Automated Trading No No
Free Research And Tips No Yes
Other Features NRI Account for US and Canada based NRIs Call & Trade, Dedicated Relationship Manager, Branch Support
Enquire StoxkartEnquire Sharekhan

Expand

Stoxkart Vs Sharekhan NRI Account Review

  Stoxkart Review Sharekhan Review
  3 Customer Reviews    Rate Stoxkart 304 Customer Reviews    Rate Sharekhan
Fees 3.3 3.0
Brokerage 4.7 2.8
Trading Platform 3.3 3.7
Customer Service 3.0 3.3
Overall Rating Rated 3.3 stars Rated 3.3 stars
Broker Rating Stoxkart is Rated 3.3 / 5 based on 3 customer reviews Sharekhan is Rated 3.3 / 5 based on 304 customer reviews
Enquire StoxkartEnquire Sharekhan

Expand

Contact Broker / Request A Call Back

  Stoxkart Enquire Sharekhan Enquire
Contact Broker Rs 0 Delivery Brokerage + Rs 0 Intraday Trades in Loss. Open a Demat Account in 15 Minutes. Request a Callback
Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
*

Stoxkart Vs Sharekhan NRI Investment Options

  Stoxkart Sharekhan
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Other Investment Options PMS, Wealth Management

Expand

Stoxkart Vs Sharekhan NRI Customer Service

  Stoxkart Sharekhan
Customer Care Number +91 022 6518500
Customer Care Email nridesk@sharekhan.com
Enquire StoxkartEnquire Sharekhan

Expand

Stoxkart Vs Sharekhan Order Type Offered for NRI Account

  Stoxkart Sharekhan
Bracket Order No Yes
Cover Order No Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes

Expand

Stoxkart Vs Sharekhan - NRI Account Advantages and Disadvantages

  Stoxkart Sharekhan
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. One of the largest stock brokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs and Bonds.
  5. Offers PMS services for wealth management
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
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. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
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.

Sharekhan is a good choice as a stock broker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

Promo / Offers

No Profit. No Brokerage

Get free equity delivery trades and pay flat Rs 15 brokerage for Intraday only when you make profit To open an account with Stoxkart leave your contact information.

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Enquire StoxkartEnquire Sharekhan
Compare Stoxkart Compare Sharekhan
Compare More Brokers: