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ICICIdirect Vs Stoxkart (Compare ICICIdirect and Stoxkart)

ICICI Securities Pvt Ltd. Logo

About ICICIdirect
ICICIdirect is one of the largest retail stock brokers in India. It is part of the ICICI Group. It offers online trading and investment services to over 50 lakhs customers. The services offered include equity, commodity, and currency trading at BSE, NSE, and MCX. The company also offers Mutual Fund & IPO, Fixed deposits, Bond, NCD, wealth products, Home Loans, Loans against Securities, etc. ICICIdirect's most popular service is its 3-in-1 account, which includes ICICI Bank Account, ICICI Tr... Know more about ICICI Securities Pvt Ltd.

Stoxkart by SMC Global Logo

About Stoxkart
Incorporated in 2019, Stoxkart is a Delhi-based online discount broker offering trading and investment services in equity, commodity, currency, derivatives, IPOs and mutual funds. It is part of SMC Global Limited, a full-service stock broker and a leading diversified financial services company in India. Stoxkart charges one of the lowest brokerage fees in the industry. It offers brokerage free Equity delivery trades and charges flat Rs 15 per executed order on intraday equity trades only when y... Know more about Stoxkart by SMC Global

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ICICIdirect Vs Stoxkart

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 2019, Stoxkart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  ICICIdirect Stoxkart
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE, MCX
Year of Incorporation 2000 2019
Number of Branches 154 1
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ICICIdirect Vs Stoxkart Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while Stoxkart account opening changes is Rs 300. ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and Stoxkart Demat Account AMC Charges is Rs 300.

  ICICIdirect Stoxkart
Trading Account Opening Charges Rs 0 (Free) Rs 300
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 300 (from 2nd year) Rs 300

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ICICIdirect Vs Stoxkart Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas Stoxkart brokerage charges for equity is Rs 0 and intraday is Rs 15 (on profit trades only).

Account Type ICICIdirect ICICI Neo Plan Stoxkart Default
Fixed Charges NA
Equity Delivery 0.55% Rs 0
Equity Intraday Rs 20 per order Rs 15 (on profit trades only)
Equity Futures Rs 0 (Free) Rs 15
Equity Options Rs 20 per order Rs 15
Currency Futures Rs 20 per order Rs 15
Currency Options Rs 20 per order Rs 15
Commodity Futures Rs 20 per order Rs 15
Commodity Options Rs 20 per order Rs 15
Special Offer
Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now

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.

ICICIdirect Vs Stoxkart Brokerage Plan 2

  ICICIdirect Stoxkart
Account Type I-Secure Plan Default
Fixed Charges NA
Equity Delivery 0.55% Rs 0
Equity Intraday 0.275% Rs 15 (on profit trades only)
Equity Futures 0.05% Rs 15
Equity Options Rs 95 per lot Rs 15
Currency Futures Rs 20 per order Rs 15
Currency Options Rs 20 per order Rs 15
Commodity Futures Rs 20 per order Rs 15
Commodity Options Rs 20 per order Rs 15
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ICICIdirect Charges Vs Stoxkart

Minimum Brokerage Rs 35 per trade (I-Secure Plan) Rs 0
Other Charges Margin Trading Interest: 0.025% Per day Auto square-off Rs 20 per order.
Call & Trade Charges Rs 50 per trade Rs 20

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ICICIdirect Vs Stoxkart Transaction Charges

ICICIdirect transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Stoxkart exchange transaction charges for options is NSE: 0.05% | BSE: 0.0005% (on premium).

  ICICIdirect Stoxkart
Equity Delivery NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) NSE: 0.00325% | BSE: 0.003%
Equity Intraday NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) NSE: 0.00325% | BSE: 0.003%
Equity Futures Rs 180 per Cr (0.0018%) NSE: 0.0019% | BSE: 0.0007%
Equity Options Rs 5000 per Cr (0.05%) (on premium) NSE: 0.05% | BSE: 0.0005% (on premium)
Currency Futures Rs 120 per Cr (0.0012%) NSE: 0.0009% | BSE: 0.00042%
Currency Options Rs 5000 per Cr (0.05%) (on premium) NSE: 0.04% | BSE: 0.0012% (on premium value)
Commodity Group A - Rs 260 per Cr (0.0026%) Futures Group A: 0.0036% | Options: 0.002%
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ICICIdirect Vs Stoxkart Leverage (Margin)

ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Stoxkart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  ICICIdirect Stoxkart
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare ICICIdirect and Stoxkart Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Stoxkart offers Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web trading software.

  ICICIdirect Stoxkart
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web
Intraday Square-off Time 3:30 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Bullet Trading, Can trade in 32 exchanges through Saxo Trader
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ICICIdirect Vs Stoxkart Review

ICICIdirect is rated 2.4 of 5 based on 462 customer reviews whereas Stoxkart is rated 3.8 of 5 based on 4 customer reviews.

  ICICIdirect Stoxkart
  462 Customer Reviews    Rate ICICIdirect 4 Customer Reviews    Rate Stoxkart
Fees 2.2 3.8
Brokerage 1.7 4.8
Trading Platform 3.3 3.8
Customer Service 2.7 3.3
Research Capabilities 2.8 3.3
Overall Ratings Rated 2.4 stars Rated 3.8 stars
Broker Rating ICICIdirect is rated 2.4 of 5 based on 462 customer reviews Stoxkart is rated 3.8 of 5 based on 4 customer reviews

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Contact Broker / Request A Call Back

  ICICIdirect Enquire Stoxkart Enquire
Contact Broker ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now 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.

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ICICIdirect Vs Stoxkart Investment Options

  ICICIdirect Stoxkart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

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ICICIdirect Vs Stoxkart Order Type Offered

  ICICIdirect Stoxkart
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No
Good Till Cancelled (GTC) Yes
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ICICIdirect Vs Stoxkart Research Report

  ICICIdirect Stoxkart
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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ICICIdirect Vs Stoxkart Suitable For Investor Type

  ICICIdirect Stoxkart
Casual Investor Yes
Active Investor Yes
Trader Yes

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ICICIdirect Vs Stoxkart - Pros and Cons

  ICICIdirect Stoxkart
Pros
  • Offers 3-in-1 account which makes stock market investment very easy for casual investors.
  • Wide range of investment options available under one portal.
  • Provides a low bandwidth website which works well where internet connection is slow.
  • GTC (good till cancellation) and off-market hours order placement facility is very useful.
  1. Stoxkart is an online discount brokerage business of well established full-service broker SMC Global.
  2. Excellent online trading platform (web, mobile app, and desktop) for free to all.
  3. Offers brokerage free equity delivery trades and mutual fund investment.
  4. Charge flat Rs 15 per order brokerage for intraday and F&O at BSE, NSE, and MCX.
  5. Charge Rs 0 brokerage on Intraday trades if your trade is not in profit.
  6. Get up to 25x leverage on intraday trading with CO/BO.
  7. Paperless account opening.
  8. Offer NRI trading and demat account
Cons
  • ICICI Security charges highest brokerage in comparison to most of the retail brokers in India.
  • Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower.
  • Poor performance of website is reported in peak hours of trading.
  • Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750.
  • Demat Account is mandatory.
  • Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.
  1. No research reports, tips, or recommendations.
  2. No relationship manager or personalized services.
  3. Call & Trade is at an extra Rs 20 per executed order.
  4. Auto square-off of intraday positions at an extra Rs 20 per executed order.
Reviews
Promo / Offers

ICICIdirect Special Offer

ICICIdirect Neo Plan (Discount Brokerage)

Open a 3-in-1 account with Neo Plan for:

  • Free Account Opening
  • Brokerage-Free Equity Futures trading
  • Flat Rs. 20 per trade brokerage in Options, Currency F&O and Commodity futures in BSE, NSE and MCX
  • Free trading tips
  • Get funds in your bank account in just 5 minutes of selling stocks

Interested in opening a trading account? Open Instant Account Now

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.

Open Instant Demat Account Read Reviews
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