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Stoxkart Vs Zerodha NRI Account Comparison

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

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

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

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Stoxkart Vs Zerodha

  Stoxkart Zerodha
 
  Stoxkart by SMC Global Logo Zerodha 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 Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... Know more about Zerodha
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.

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 online with Zerodha and start trading today.

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Stoxkart Vs Zerodha Charges

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

Account Type Stoxkart Zerodha NRI Account
Equity Delivery ₹200 per executed order ₹100 per trade (non-PIS), ₹200 per trade (PIS)
Equity Futures ₹200 per executed order ₹100 per trade (non-PIS), ₹200 per trade (PIS)
Equity Options ₹200 per executed order ₹100 per trade (non-PIS), ₹200 per trade (PIS)
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Demat Account AMC: ₹300 yearly
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 Zerodha NRI Account Taxes/Fees

  Stoxkart Zerodha
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 Zerodha NRI Account Margin

  Stoxkart Margin Zerodha 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.


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Stoxkart and Zerodha NRI Account Features

  Stoxkart Zerodha
3-in-1 Account No No
Automated Trading No No
Free Research And Tips No No
Other Features NRI Account for US and Canada based NRIs
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Stoxkart Vs Zerodha NRI Account Review

  Stoxkart Review Zerodha Review
  4 Customer Reviews    Rate Stoxkart 466 Customer Reviews    Rate Zerodha
Fees 3.8 3.7
Brokerage 4.8 4.2
Trading Platform 3.8 3.6
Customer Service 3.3 3.4
Overall Rating Rated 3.8 stars Rated 3.7 stars
Broker Rating Stoxkart is Rated 3.8 / 5 based on 4 customer reviews Zerodha is Rated 3.7 / 5 based on 466 customer reviews
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Contact Broker / Request A Call Back

  Stoxkart Enquire Zerodha 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 online with Zerodha and start trading today.
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Stoxkart Vs Zerodha NRI Investment Options

  Stoxkart Zerodha
Stocks Yes Yes
Initial Public Offers (IPO) No No
Mutual Funds Yes No
Other Investment Options

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Stoxkart Vs Zerodha NRI Customer Service

  Stoxkart Zerodha
Customer Care Number +91 80 4718 1888
Customer Care Email nridesk@zerodha.com
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Stoxkart Vs Zerodha Order Type Offered for NRI Account

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

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Stoxkart Vs Zerodha - NRI Account Advantages and Disadvantages

  Stoxkart Zerodha
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. Discount stock broker offer trading at a low brokerage charges. Zerodha charges Rs 200 per trade (PIS Account) and Rs 100 per trade (Non-PIS account) whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for Rs 1 lakh, you pay Rs 750 with a full-service stock broker whereas Zerodha will charge you Rs 200.
  2. India's largest stock broker in terms of active customers.
  3. Offers access to best-in-industry trading software and tools.
  4. Supports HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank NRI Bank Account.
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. 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 Zerodha trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
  3. Doesn't provide research reports or analysis.
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.

Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, IndusInd Bank, IDFC FIRST Bank and Axis Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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Zerodha Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

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