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Stoxkart Vs Yes Securities NRI Account Comparison

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

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

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

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Stoxkart Vs Yes Securities

  Stoxkart Yes Securities
 
Stoxkart by SMC Global Securities Ltd Logo Yes Securities Limited 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 Yes Bank, India's fourth-largest private sector bank, offers NRI 3-in-1 Account to NRIs. Yes Bank is an RBI designed bank for PIS, which makes it very easy for NRI customers to invest online into Indian Stock Markets. Yes Bank offers brokerage servic... Know more about Yes Securities Limited
Account Type NRI Investment 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 Yes Securities. Leave your contact info and we will get in touch with you.
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Stoxkart Vs Yes Securities Charges

  Stoxkart Yes Securities
NRI Account Opening Fees ₹590
NRI Account AMC ₹590 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 300 Rs 500
PIS Account AMC ₹500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Stoxkart Vs Yes Securities NRI Account Brokerage Comparison

Brokerage Plan

  Stoxkart Yes Securities
Account Type NRI Investment Account
Equity Delivery ₹200 per executed order
Equity Futures ₹200 per executed order ₹100 per contact
Equity Options ₹200 per executed order ₹100 per contact

Other Charges

Contract Note Reporting Charges ₹100 per contact note
Other Brokerage Charges
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%
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Stoxkart Vs Yes Securities NRI Account Taxes/Fees

  Stoxkart Yes 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.
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Stoxkart Vs Yes Securities NRI Account Exposure Margin

  Stoxkart Yes 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.

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Stoxkart and Yes Securities NRI Account Feature Comparison

  Stoxkart Yes 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
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Stoxkart Vs Yes Securities NRI Account Review

  Stoxkart Yes Securities
  3 Customer Reviews    Rate Stoxkart 2 Customer Reviews    Rate Yes Securities
Fees 3.3 3.0
Brokerage 4.7 1.0
Trading Platform 3.3 3.0
Customer Service 3.0 3.0
Overall Rating Rated 3.3 stars Rated 2.0 stars
Broker Rating Stoxkart is Rated 3.3 / 5 based on 3 customer reviews Yes Securities is Rated 2.0 / 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  Stoxkart Yes Securities
Contact Broker
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Stoxkart Vs Yes Securities NRI Investment Options

  Stoxkart Yes Securities
Stocks Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Other Investment Options
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Stoxkart Vs Yes Securities NRI Customer Service

  Stoxkart Yes Securities
Customer Care Number +91 22 7112 3123
Customer Care Email customer.service@ysil.in
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Stoxkart Vs Yes Securities Order Type Offered for NRI Account

  Stoxkart Yes Securities
Bracket Order No Yes
Cover Order No Yes
After Market Order(AMO) No
Good Till Cancelled (GTC) No
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Stoxkart Vs Yes Securities - NRI Account Advantages and Disadvantages

  Stoxkart Yes 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.
  • Offers NRI 3-in-1 account. Open all the three accounts at one shot.
  • Provide free research tips and recommendations to all the customers including NRI.
  • Dedicated relationship manager
  • Earn 6% per annum interest on savings bank account balance.
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.
  • Charges higher brokerage in comparison to the discount brokers.
  • Yes securities don't offer trading terminal and automated trading facility.
  • Doesn't have a 24/7 customer support desk.
  • NRIs cannot place GTC (Good Till Cancelled) order and AMO (After Market Order).
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.

Yes Bank is a full-service broker offering 3-in-1 NRI account for convenient online investing in India Stock Market. Online banking, trading and demat account make transactions easy for NRI customers. The broker also provides free research tips for stocks and mutual funds. Yes Bank NRI Investment account is recommended for Casual Investors who are ready to pay a higher brokerage for convenience.

Promo / Offers
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Stoxkart Vs Yes Securities - More Reviews

  Stoxkart Yes Securities
NRI Trading Review Stoxkart NRI Account Review Yes Securities NRI Account Review
Enquire Stoxkart Enquire Yes Securities
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