The side-by-side comparison of Karvy and Stoxkart. Compare Karvy Vs Stoxkart brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Karvy vs Stoxkart?
Karvy
Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.
Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.
Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.
Karvy Customers,
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...
Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India. Incorporated in 2019, Stoxkart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.
Karvy trading account opening charges is Rs 650 while Stoxkart account opening changes is Rs 300. Karvy Demat Account AMC Charges is Rs 420 and Stoxkart Demat Account AMC Charges is Rs 300.
Karvy | Stoxkart | |
---|---|---|
Trading Account Opening Charges | Rs 650 | Rs 300 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 420 | Rs 300 |
Karvy brokerage charges for equity is 0.3% and intraday is 0.03% whereas Stoxkart brokerage charges for equity is Rs 0 and intraday is Rs 15 (on profit trades only).
Karvy | Stoxkart | |
---|---|---|
Account Type | Retail Brokerage Plan | Default |
Fixed Charges | ||
Equity Delivery Brokerage | 0.3% | Rs 0 |
Equity Intraday Brokerage | 0.03% | Rs 15 (on profit trades only) |
Equity Futures Brokerage | 0.03% | Rs 15 |
Equity Options Brokerage | Rs 30 per lot | Rs 15 |
Currency Futures Trading Brokerage | 0.03% | Rs 15 |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 15 |
Commodity Futures Trading Brokerage | 0.03% | Rs 15 |
Commodity Options Trading Brokerage | Rs 30 per lot | Rs 15 |
Special Offer | Special Offer: Rs 0 Delivery Brokerage + Rs 0 Intraday Trades in Loss + 25x Exposure. Open a Demat Account in 15 Minutes. |
Karvy | Stoxkart | |
---|---|---|
Account Type | Premium Subscription Plan of 100000 | Default |
Fixed Charges | Rs 100,000 per year | |
Equity Delivery Brokerage | 0.1% | Rs 0 |
Equity Intraday Brokerage | 0.01% | Rs 15 (on profit trades only) |
Equity Futures Brokerage | 0.01% | Rs 15 |
Equity Options Brokerage | Rs 10 per lot | Rs 15 |
Currency Futures Trading Brokerage | 0.01% | Rs 15 |
Currency Options Trading Brokerage | Rs 10 per lot | Rs 15 |
Commodity Futures Trading Brokerage | 0.01% | Rs 15 |
Commodity Options Trading Brokerage | Rs 10 per lot | Rs 15 |
Minimum Brokerage Charges | Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher | Rs 0 |
Other Brokerage Charges | Auto square-off Rs 20 per order. | |
Call & Trade Charges | Rs 20 |
Karvy transaction charges for options is Rs 5500 while Stoxkart exchange transaction charges for options is NSE: 0.05% | BSE: 0.0005% (on premium).
Karvy | Stoxkart | |
---|---|---|
Equity Delivery | Rs 325 | NSE: 0.00325% | BSE: 0.003% |
Equity Intraday | Rs 325 | NSE: 0.00325% | BSE: 0.003% |
Equity Futures | Rs 230 | NSE: 0.0019% | BSE: 0.0007% |
Equity Options | Rs 5500 | NSE: 0.05% | BSE: 0.0005% (on premium) |
Currency Futures | Rs 325 | NSE: 0.0009% | BSE: 0.00042% |
Currency Options | NSE: 0.04% | BSE: 0.0012% (on premium value) | |
Commodity | Rs 300 | Futures Group A: 0.0036% | Options: 0.002% |
Karvy provides the margin of Upto 20x for intraday trades whereas the Stoxkart margin for intraday cash is Up to 15x | BO,CO: Up to 25x.
Karvy | Stoxkart | |
---|---|---|
Equity Delivery | Upto 5x with 24% interest per year | 1x (no margin) |
Equity Intraday | Upto 20x | Up to 15x | BO,CO: Up to 25x |
Equity Futures | Upto 4x | Up to 2x | BO,CO: Up to 7x |
Equity Options | Upto 4x for shorting | 1x (no margin) |
Currency Futures | Nil | Up to 2x | BO,CO: Up to 4x |
Currency Options | Nil | 1x (no margin) |
Commodity Futures | Upto 4x | Up to 2x | BO,CO: Up to 6x |
Commodity Options | 1x (no margin) |
The trading platforms offered Karvy include NEST, Karvy Web, Trade Mobile. Stoxkart offers Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web trading software.
Karvy | Stoxkart | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | NEST, Karvy Web, Trade Mobile | Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web |
Intraday Square-off Time | 3:15 | |
Other Features | Ask the expert, The Finapolis | |
Referral Program |
Karvy is rated 2.0 of 5 based on 24 customer reviews whereas Stoxkart is rated 3.3 of 5 based on 3 customer reviews.
Karvy | Stoxkart | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | No Profit. No BrokerageGet free equity delivery trades and pay flat Rs 15 brokerage for Intraday only when you make profit. Get up to 25x exposure with CO/BO. |
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