FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Zerodha (Trade with the best stock 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.
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 you make a profit out of the trade. For all other segments, it charges flat Rs 15 per executed order.
Stoxkart provides up to 25 times exposure on intraday trade across equity, currency and commodity. This is among the highest margin offered by a discount broker.
Stoxkart offers a range of online trading software. The company offers Stoxkart Classic (Mobile Trading App), ProWeb (browser trading platform) and a desktop trading application. Stoxkart also offers 'StoxMF' a dedicated online platform for mutual fund investments.
Stoxkart is a SEBI registered stock broker and has memberships with NSE, BSE, and MCX. It provides customer education on various trading and investment-related topics through an online Learning Centre.
Stoxkart account opening charges is Rs 500 for online account opening. The demat account AMC is Rs 300 per year.
| Account Opening Charges | Rs 500 |
| Demat Account AMC | Rs 300 per year |
Stoxkart follows a flat rate per trade brokerage model. It charges Rs 15 per executed order for intraday and F&O trading. It charges zero brokerage on equity delivery. On intraday trades, it charges a brokerage fee only if the customer earns profit from the trade. The maximum brokerage chargeable per executed order is Rs 15.
| Trading Segment | Brokerage Charges |
|---|---|
| Equity Delivery | Rs 0 (Free) |
| Equity Intraday | · Rs 15 per executed order on profit trades · Rs 0 brokerage fee on trade with losses |
| Equity F&O | Rs 15 per executed order |
| Currency F&O | Rs 15 per executed order |
| Commodity F&O | Rs 15 per executed order |
| Mutual Fund | Rs 0 (Free) |
Other Charges (Stoxkart Hidden Fees)
Visit Stoxkart Brokerage Charges Review for more detail.
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.
Stoxkart offers an online account opening in just 15 minutes. This paperless account opening requires your Aadhar number linked with your current phone number. For others, a PDF form is available to download and print.
Steps to open Stoxkart Account Online
Note:
If your current phone number is not linked to Aadhar, you can download the PDF account opening form, print it, fill it, sign it, attach supporting documents and send it to the address mentioned in the form.
Stoxkart is an online broker for trading in stocks, currency and commodities. It provides 4 online trading applications to meet the varied needs of the customers.
Visit Stoxkart Trading Software Review for more detail.
Zerodha (Trade with the best stock 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.
The following are the advantages of Stoxkart. You must read Stoxkart advantages and disadvantages before opening an account with Stoxkart. Stoxkart pros and cons help you find if it suits your investment needs.
The following are the cons of Stoxkart. Check the list of Stoxkart drawbacks.
Stoxkart margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Stoxkart F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Stoxkart F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure) | 1x |
| Overall Rating |  3.8/5 |
| Fees | 3.8/5 |
| Brokerage |  4.8/5 |
| Usability | 3.8/5 |
| Customer Service |  3.3/5 |
| Research Capabilities | 3.3/5 |
Based on 4 Votes by Stoxkart Customers
Do you trade with Stoxkart? Rate Stoxkart
Stoxkart provides up to 25 times margin in intraday cash and 7 times in equity with bracket order as order type. The contract wise margin for all the segments is updated daily.
Stoxkart margin leverage for intraday, delivery, options, currency and commodities.
| Segment | Margin |
| Equity Delivery | 1x (no margin) |
| Equity Intraday | Intraday: Up to 15x (based on the stock) BO/CO: 25x (based on the stock) |
| Equity Future | Intraday: 2x BO/CO: Upto 7x |
| Equity Options | 1x (no margin) |
| Currency Future | Intraday: 2x BO: Upto 4x |
| Currency Options | 1x (no margin) |
| Commodity Future | Intraday: 2x BO: Upto 6x |
| Commodity Options | 1x (no margin) |
You could open the trading and demat account with Stoxkart in 2 ways; online (using Aadhar number) and offline (by filling paper forms).
Stoxkart offers an instant online account in just 15 minutes if your Aadhar is linked to your current phone number for OTP verification.
Steps for Stoxkart Account Opening
If your Aadhar is not linked to your current phone number or you are opening an account for HUF or Company, you will have to fill the paper form to open the account.
Steps for Stoxkart Offline Account Opening
Stoxkart offers brokerage free equity delivery trading and mutual funds investment. Intraday and F&O in Equity, Currency and Commodity is charged at flat Rs 15 per executed order.
As a special offer, Stoxkart is also offering brokerage free intraday trades if you lose money in the trade. If you make money, they charge flat Rs 15 per trade.
Order placed through the company's Call & Trade facility is charged at Rs 20 per executed order. The intraday orders which are squared-off by the broker are also charged Rs 20 extra.
Stoxkart charges flat Rs 15 demat debit transaction fee and Rs 300 demat account AMC.
Yes, Stoxkart offers online IPO application services to resident Indian customers using UPI as the payment gateway. Stoxkart customers can apply for IPO and FPO's online using the IPO application provided by the broker.
Steps to apply in IPO with Stoxkart
Note:
Stoxkart customers can apply for IPOs online in 2 ways; using Stoxkart IPO application (UPI based) and through ASBA using the net-banking facility.
Steps to apply IPO in Stoxkart using UPI
Stoxkart customers can also apply in an IPO online through the ASBA net banking facility of their banks and get the stocks credited in their demat account.
Steps to apply IPO using Stoxkart Demat and Net-banking
In the ASBA net banking process, the investment amount is locked in your account until the shares are allotted. You cannot withdraw the money. The money is debited if you get allotment else it is released. The IPO shares if allotted will be credited to your Stoxkart demat account.
You cannot close the Stoxkart demat or trading account online. It is completely a physical process wherein you have to courier a filled account closure form to the company's head office.
You can download the 'Account Closure form' from the company's website under the 'downloads' section. The form can be used to close both trading & demat accounts or either of the accounts. You need to download, print, fill the form and send it to the company's head office. In the case of joint accounts, all account holders need to sign in the form.
Stoxkart is a depository participant (DP) with Central Depository Services Limited (CDSL). Stoxkart DP ID is 12019100. You can get the information about your Stoxkart demat account on the profile page of your account.
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.
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| Link|Feb 25, 2022 8:36:42 PM
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Ratings:
Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent