Stoxkart Vs Groww (Compare Stoxkart and Groww)


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 Securities Ltd


Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe... Know more about Nextbillion Technology pvt ltd

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Stoxkart Vs Groww

Incorporated in 2019, Stoxkart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

  Stoxkart Groww
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE, MCX NSE and BSE
Year of Incorporation 2019 2016
Number of Branches 1 0
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Stoxkart Vs Groww Charges & AMC

Stoxkart trading account opening charges is Rs 300 while Groww account opening changes is Rs 0. Stoxkart Demat Account AMC Charges is Rs 300 and Groww Demat Account AMC Charges is Rs 0.

  Stoxkart Groww
Trading Account Opening Charges Rs 300 Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 300 Rs 0
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Stoxkart Vs Groww Brokerage Charges & Plans

Stoxkart Vs Groww Brokerage

Stoxkart brokerage charges for equity is Rs 0 and intraday is Rs 15 (on profit trades only) whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

  Stoxkart Groww
Account Type Default Standard Plan
Fixed Charges NA
Equity Delivery Rs 0 Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday Rs 15 (on profit trades only) Rs 20 per executed order or 0.05% whichever is lower
Equity Futures Rs 15 NA
Equity Options Rs 15 NA
Currency Futures Rs 15 NA
Currency Options Rs 15 NA
Commodity Futures Rs 15 NA
Commodity Options Rs 15 NA
Special Offer
Special Offer: Rs 0 Delivery Brokerage + Rs 0 Intraday Trades in Loss. Open a Demat Account in 15 Minutes. Request a Callback

Stoxkart Charges Vs Groww

Minimum Brokerage Rs 0 Rs 20 or 0.05% per executed order
Other Charges Auto square-off Rs 20 per order. Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges Rs 20 NA
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Stoxkart Vs Groww Transaction Charges

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

  Stoxkart Groww
Equity Delivery NSE: 0.00325% | BSE: 0.003% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE: 0.00325% | BSE: 0.003% NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE: 0.0019% | BSE: 0.0007% NA
Equity Options NSE: 0.05% | BSE: 0.0005% (on premium) NA
Currency Futures NSE: 0.0009% | BSE: 0.00042% NA
Currency Options NSE: 0.04% | BSE: 0.0012% (on premium value) NA
Commodity Futures Group A: 0.0036% | Options: 0.002% NA
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Stoxkart Vs Groww Leverage (Margin)

Stoxkart margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Groww margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Stoxkart Groww
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Stoxkart and Groww Features

The trading platforms offered Stoxkart include Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web. Groww offers Groww trading software.

  Stoxkart Groww
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web Groww
Intraday Square-off Time 3:10 PM
Other Features
Referral Program
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Stoxkart Vs Groww Review

Stoxkart is rated 3.3 of 5 based on 3 customer reviews whereas Groww is rated 3.7 of 5 based on 31 customer reviews.

  Stoxkart Groww
  3 Customer Reviews    Rate Stoxkart 31 Customer Reviews    Rate Groww
Fees 3.3 4.2
Brokerage 4.7 3.9
Trading Platform 3.3 3.7
Customer Service 3.0 3.3
Research Capabilities 2.5 2.7
Overall Ratings Rated 3.3 stars Rated 3.7 stars
Broker Rating Stoxkart is rated 3.3 of 5 based on 3 customer reviews Groww is rated 3.7 of 5 based on 31 customer reviews
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Contact Broker / Request A Call Back

  Stoxkart Enquire Groww Enquire
Contact Broker Rs 0 Delivery Brokerage + Rs 0 Intraday Trades in Loss. Open a Demat Account in 15 Minutes. Request a Callback
Leave your contact information and we will get in touch with you....
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Stoxkart Vs Groww Investment Options

  Stoxkart Groww
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Digital Gold, US Stocks, Fixed Deposits
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Stoxkart Vs Groww Order Type Offered

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

  Stoxkart Groww
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No
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Stoxkart Vs Groww Suitable For Investor Type

  Stoxkart Groww
Casual Investor Yes
Active Investor Yes
Trader Yes
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Stoxkart Vs Groww - Pros and Cons

  Stoxkart Groww
Pros
  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
  • Simple pricing model with low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Zero Account opening fee.
  • Zero Maintenance Charges.
  • Direct MF platform that helps you earn an extra 1.5% returns.
  • E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision.
  • Instant paperless account opening.
  • Online IPO application.
  • Inhouse Brokerage Calculator
  • Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline. 
Cons
  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.
  • Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment.
  • No Call and Trade services.
  • Branch support not available.
  • Do not provide stock tips, research reports, or recommendations.
  • No Margin trading facility.
  • No Margin against shares.
  • Advanced order types like BO, CO, AMO, and GTT not available.
  • Trailling stop loss orders are not available in Groww app.
  • Do not offer NRI Trading.
Reviews

Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository.

Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds.

The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.

Promo / Offers

No Profit. No Brokerage

Get free equity delivery trades and pay flat Rs 15 brokerage for Intraday only when you make profit To open an account with Stoxkart leave your contact information.

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