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Kotak Securities Vs Stoxkart (Compare Kotak Securities and Stoxkart)

Kotak Securities Ltd Logo

About Kotak Securities
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Portfolio Management services (PMS), research, margin trade funding, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a ... Know more about Kotak Securities 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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Kotak Securities Vs Stoxkart

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 2019, Stoxkart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Kotak Securities Stoxkart
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Year of Incorporation 1994 2019
Number of Branches 153 1

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Kotak Securities Vs Stoxkart Charges & AMC

Kotak Securities trading account opening charges is Rs 0 (Free) while Stoxkart account opening changes is Rs 300. Kotak Securities Demat Account AMC Charges is Rs 600 and Stoxkart Demat Account AMC Charges is Rs 300.

  Kotak Securities Stoxkart
Trading Account Opening Charges Rs 0 (Free) Rs 300
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 600 Rs 300

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Kotak Securities Vs Stoxkart Brokerage

Kotak Securities brokerage charges for equity is 0.25% or Rs 20 whichever is higher and intraday is Free whereas Stoxkart brokerage charges for equity is Rs 0 and intraday is Rs 15 (on profit trades only).

Account Type Kotak Securities Trade Free Plan Stoxkart Default
Fixed Charges Rs 499 One Time
Equity Delivery 0.25% or Rs 20 whichever is higher Rs 0
Equity Intraday Free Rs 15 (on profit trades only)
Equity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 15
Equity Options Delivery: Rs 20 per trade | Intraday: Free Rs 15
Currency Futures Delivery: Rs 20 per trade | Intraday: Free Rs 15
Currency Options Delivery: Rs 20 per trade | Intraday: Free Rs 15
Commodity Futures Delivery: Rs 20 per trade | Intraday: Free Rs 15
Commodity Options Delivery: Rs 20 per trade | Intraday: Free Rs 15
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.

Kotak Securities Vs Stoxkart Brokerage Plan 2

  Kotak Securities Stoxkart
Account Type Dealer Assisted Plan Default
Fixed Charges
Equity Delivery 0.39% Rs 0
Equity Intraday 0.039% Rs 15 (on profit trades only)
Equity Futures 0.039% Rs 15
Equity Options Rs 39 per lot Rs 15
Currency Futures Rs 9 per lot Rs 15
Currency Options Rs 5 per lot Rs 15
Commodity Futures 0.039% Rs 15
Commodity Options Rs 39 per lot Rs 15

Kotak Securities Charges Vs Stoxkart

Minimum Brokerage Rs 21 per executed order Rs 0
Other Charges Auto square-off Rs 20 per order.
Call & Trade Charges Rs 50 per call Rs 20

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Kotak Securities Vs Stoxkart Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Stoxkart exchange transaction charges for options is NSE: 0.05% | BSE: 0.0005% (on premium).

  Kotak Securities Stoxkart
Equity Delivery NSE: 0.00325%, BSE: 0.00325% NSE: 0.00325% | BSE: 0.003%
Equity Intraday NSE: 0.00325%, BSE: 0.00325% NSE: 0.00325% | BSE: 0.003%
Equity Futures NSE: 0.0019% NSE: 0.0019% | BSE: 0.0007%
Equity Options NSE: 0.05% on Premium NSE: 0.05% | BSE: 0.0005% (on premium)
Currency Futures NSE: 0.0009%, BSE: 0.00022% NSE: 0.0009% | BSE: 0.00042%
Currency Options NSE: 0.035%, BSE: 0.001% NSE: 0.04% | BSE: 0.0012% (on premium value)
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% Futures Group A: 0.0036% | Options: 0.002%

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Kotak Securities Vs Stoxkart Leverage (Margin)

Kotak Securities 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.

  Kotak Securities 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 Kotak Securities and Stoxkart Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Stoxkart offers Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web trading software.

  Kotak Securities Stoxkart
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes 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) No
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web
Intraday Square-off Time
Trading In SME Shares Allowed?
Referral Program
Other Features 3-in-1 account

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Kotak Securities Vs Stoxkart Review

Kotak Securities is rated 2.4 of 5 based on 177 customer reviews whereas Stoxkart is rated 3.8 of 5 based on 4 customer reviews.

  Kotak Securities Stoxkart
  177 Customer Reviews    Rate Kotak Securities 4 Customer Reviews    Rate Stoxkart
Fees 2.4 3.8
Brokerage 2.3 4.8
Trading Platform 3.2 3.8
Customer Service 2.8 3.3
Research Capabilities 2.4 3.3
Overall Ratings Rated 2.4 stars Rated 3.8 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 177 customer reviews Stoxkart is rated 3.8 of 5 based on 4 customer reviews

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Contact Broker / Request A Call Back

  Kotak Securities Enquire Stoxkart 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.

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Kotak Securities Vs Stoxkart Investment Options

  Kotak Securities 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

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Kotak Securities Vs Stoxkart Order Type Offered

  Kotak Securities Stoxkart
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes

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Kotak Securities Vs Stoxkart Research Report

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

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Kotak Securities Vs Stoxkart Suitable For Investor Type

  Kotak Securities Stoxkart
Casual Investor Yes
Active Investor Yes Yes
Trader Yes

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Kotak Securities Vs Stoxkart - Pros and Cons

  Kotak Securities Stoxkart
Pros
  • Kotak Securities is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
  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
  • High Equity delivery brokerage charges.
  • High demat AMC changes (Rs 66 per month).
  • Kotak Securities website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Brokerage Plan is available only to investors up to the age of 30 years.
  • The customer has to pay a yearly plan subscription fee of Rs 499.
  • Very high brokerage in dealer-assisted brokerage plan.
  • Margin-funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
  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

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

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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