The side-by-side comparison of Stoxkart and SMC Global NRI Account. Compare Stoxkart Vs SMC Global NRI Account brokerage charges, exposure margin, demat account and AMC. Read SMC Global and Stoxkart NRI Account reviews.
Find out Stoxkart Vs SMC Global which is better NRI Trading Account. See Stoxkart Vs SMC Global which is best NRI Demat Account.
Our Stoxkart by SMC Global comparison with SMC Global Limited highlights the major differences between two brokers. Find the best between Stoxkart and SMC Global 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...
SMC Global is a diversified financial service provider offering a wide range of financial products and services to resident and non-resident Indians (NRI) investors. NRIs can invest in Equity, Debt, Derivatives and Real Estate Funds with SMC. NRIs ca...
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 SMC Global Charges
Stoxkart
SMC Global
NRI Account Opening Fees
₹590
₹1000
NRI Account AMC
₹590
₹0
NRI Demat Account Opening Fees
Rs 0
Rs 499
NRI Demat Account AMC
Rs 300
Rs 300
PIS Account AMC
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
Stoxkart Vs SMC Global NRI Account Brokerage Comparison
Account Type
Stoxkart
SMC Global NRI Account
Equity Delivery
₹200 per executed order
0.50%
Equity Futures
₹200 per executed order
0.05%
Equity Options
₹200 per executed order
₹75 per lot
Other Charges
Contract Note Reporting Charges
NA
Other Brokerage Charges
Demat AMC: ₹1180, Min Brokerage: ₹20
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 SMC Global NRI Account Taxes/Fees
Stoxkart
SMC Global
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 SMC Global NRI Account Margin
Stoxkart Margin
SMC Global 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 SMC Global NRI Account Features
Stoxkart
SMC Global
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
NRI Account for US and Canada based NRIs
Stoxkart Vs SMC Global NRI Account Review
Stoxkart Review
SMC Global Review
4 Customer Reviews
33 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
Stoxkart is Rated 3.8 / 5 based on 4 customer reviews
SMC Global is Rated 3.8 / 5 based on 33 customer reviews
Contact Broker / Request A Call Back
Stoxkart Enquire
SMC Global 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 SMC Global NRI Investment Options
Stoxkart
SMC Global
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
Debt Funds, Bonds, ETF, Insurance
Stoxkart Vs SMC Global NRI Customer Service
Stoxkart
SMC Global
Customer Care Number
+91-11-25754371, 91- 9650988009
Customer Care Email
nridesk@smcindiaonline.com
Stoxkart Vs SMC Global Order Type Offered for NRI Account
Stoxkart
SMC Global
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
Stoxkart Vs SMC Global - NRI Account Advantages and Disadvantages
Stoxkart
SMC Global
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.
NRIs doesn't require separate Custodial Account to trade in Equity Derivatives as SMC is a registered clearing member who can get CP code for and clear the trades. This offers a huge saving for NRIs.
Provides research and recommendation tips based on technical analysis.
NRIs can trade and invest through mobile, software and web browser
Dedicated relationship manager to assist the NRIs in account opening to investing process.
SMC is a full-service broker offering a wide range of products and services.
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.
Offers NRI trading services only to NRIs who have bank accounts with Yes, Axis, HDFC, Indusind, or Federal Bank account holders.
It offers 2-in-1 account means NRIs have to open an NRI bank account and PIS with other banks. It also means that they have to transfer funds in their PIS account before trading.
Good Till Date/Time (GTD) and Good Till Cancelled (GTC) orders are not available.
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.
SMC comes across as a good choice for NRI investors who are looking for a company that offers a wide range of financial products under one roof and investment recommendations. The broker offers a good online trading platform. It also provides wealth management services to NRIs. It has a corporate office in Dubai which makes it easy for NRIs residing in the city to avail various services through branch visits. The brokerage charges of SMC Global are high in comparison to discount stock brokers.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds
