Stoxkart Stock Trading, Demat, Brokerage and Reviews 2020

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 ₹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 ₹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 Highlights

  1. Offers online Discount Brokerage services to residents as well as NRIs.
  2. Part of SMC Global, a reputed financial services company with 30+ years of experience.
  3. One of the low-cost stock brokers in India.
  4. Charges ₹0 brokerage fee for equity delivery
  5. Flat brokerage charged is ₹15 per order for all other segments.
  6. Intraday brokerage is ₹0 if your trade is not in profit.
  7. Offers up to 25x leverage on intraday trading with CO/BO.
  8. Offers good trading platforms.
  9. Brokerage-free online Mutual Fund investment.
  10. Suitable for experienced traders.

Stoxkart Special Offers

No Profit. No Brokerage

Get free equity delivery trades and pay flat ₹15 brokerage for Intraday only when you make profit. Get up to 25x exposure with CO/BO. To open an account with Stoxkart, simply Request a callback.

Stoxkart Charges 2020

Stoxkart Account Opening Charges

Stoxkart account opening charges is ₹500 for online account opening. The demat account AMC is ₹300 per year.

Account Opening Charges ₹500
Demat Account AMC ₹300 per year

Stoxkart Brokerage Charges

Stoxkart follows a flat rate per trade brokerage model. It charges ₹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 ₹15.

Trading Segment Brokerage Charges
Equity Delivery ₹0 (Free)
Equity Intraday · ₹15 per executed order on profit trades
· ₹0 brokerage fee on trade with losses
Equity F&O ₹15 per executed order
Currency F&O ₹15 per executed order
Commodity F&O ₹15 per executed order
Mutual Fund ₹0 (Free)

Other Charges (Stoxkart Hidden Fees)

  1. Call & Trade facility is available at an extra cost of ₹20 per call.
  2. Intraday positions squared off by Stoxkart are charged at an extra ₹20 per order.
  3. You have to pay STT, Transaction Charges, Clearing Charges, GST and SEBI Charges even for brokerage free trades.

Visit Stoxkart Brokerage Charges Review for more detail.

Special Offer:

₹0 Delivery Brokerage + ₹0 Intraday Trades in Loss + 25x Exposure. Open a Demat Account in 15 Minutes. Request callback.

Stoxkart Online Account Opening

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

  1. Visit Stoxkart website
  2. Click 'Open an Account' link in the top navigation bar.
  3. Enter your mobile number and email address and verify them.
  4. Enter your Aadhar and PAN numbers.
  5. Verify Aadhar with OTP.
  6. Confirm your detail.
  7. Submit the account opening application form.


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 Trading Software (Stoxkart Trading Platforms)

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.

  1. Stoxkart Mobile App (Advanced and Classic)
  2. Stoxkart Pro Web (Browser trading platform)
  3. Stoxkart Desktop trading application.
  4. StoxMF (Mutual Fund)


Visit Stoxkart Trading Software Review for more detail.

Stoxkart Pros and Cons

Stoxkart Pros (Advantages)

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.

  1. Brokerage free Equity Delivery trades and Mutual Funds
  2. Low brokerage stock broker. Flat ₹15 per executed order for Intraday and F&O.
  3. No Brokerage on Intraday Loss Trades. Pay ₹15 brokerage fee only if you make profits.
  4. Advanced trading platforms in web, mobile and desktop versions.
  5. Online Learning Centre for investor education
  6. Stoxkart Referral Program- Refer a friend and earn ₹500 Amazon voucher.
  7. Online IPO Application - You can apply for new IPOs from the Stoxkart account.

Stoxkart Cons (Disadvantages)

The following are the cons of Stoxkart. Check the list of Stoxkart drawbacks.

  1. Doesn't provide research reports, stock tips or recommendations.
  2. Call & Trade is available at an additional fee of ₹20 per executed order.
  3. Intraday positions squared off by the broker are charged at an extra ₹20 per order.
  4. Doesn't provide branch services and relationship managers.

Stoxkart Margin / Exposure

Stoxkart leverage for intraday, delivery, options, currency and commodities.

Equity Delivery1x (no margin)
Equity IntradayUp to 15x | BO,CO: Up to 25x
Equity FutureUp to 2x | BO,CO: Up to 7x
Equity Options1x (no margin)
Currency FutureUp to 2x | BO,CO: Up to 4x
Currency Options1x (no margin)
Commodity FutureUp to 2x | BO,CO: Up to 6x
Commodity Options1x (no margin)

Visit Stoxkart Margin Review for more detail.

Stoxkart Ratings

Overall Rating Rated 4.0 stars 4.0/5
Fees Rated 3.0 stars 3.0/5
Brokerage Rated 5.0 stars 5.0/5
Usability Rated 4.0 stars 4.0/5
Customer Service Rated 4.0 stars 4.0/5
Research Capabilities

Based on 1 Votes by Stoxkart Customers

Do you trade with Stoxkart? Rate Stoxkart

Stoxkart Margin / Exposure

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)

Frequently Asked Questions

  1. 1. How to open an account in Stoxkart?

    You could open the trading and demat account with Stoxkart in 2 ways; online (using Aadhar number) and offline (by filling paper forms).

    1. Online Account Opening

      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

      1. Visit Stoxkart website or Install Mobile App.
      2. Click 'Open an Account' link in the top right.
      3. Enter Mobile Number and Email. Verify with OTP.
      4. Enter your Aadhar and PAN Numbers.
      5. Verify Aadhar with OTP.
      6. Check your detail.
      7. Upload photos of documents.
      8. Submit the account opening form.
    2. Offline 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

      1. Visit Stoxkart website.
      2. Go to the 'Downloads' section of the website.
      3. Download the 'Demat & Trading Account Opening Form'.
      4. Print it, sign it and attach required documents.
      5. Send it to the address provided in the form.


  2. 2. How much Stoxkart charge for trading?

    Stoxkart offers brokerage free equity delivery trading and mutual funds investment. Intraday and F&O in Equity, Currency and Commodity is charged at flat ₹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 ₹15 per trade.

    Order placed through the company's Call & Trade facility is charged at ₹20 per executed order. The intraday orders which are squared-off by the broker are also charged ₹20 extra.

    Stoxkart charges flat ₹15 demat debit transaction fee and ₹300 demat account AMC.


  3. 3. Does Stoxkart provide IPO?

    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

    1. Login to Stoxkart website, app or desktop software
    2. Go to the 'IPO' section.
    3. Choose the IPO you want to apply from the list
    4. Enter your UPI ID
    5. Enter bid details like price, quantity, etc.
    6. Click Submit
    7. Approve the Payment request on your UPI app.


    • Your IPO application is not complete till you approve the payment request on your UPI app.
    • At times, it may take up to 12 hours to receive the payment request.


  4. 4. How to apply IPO in Stoxkart?

    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

    1. Login to your Stoxkart account on the website/app/desktop software
    2. Go to the 'IPO' section.
    3. Select the desired IPO from the list
    4. Enter your UPI ID
    5. Enter bid details like price, quantity, etc.
    6. Click Submit
    7. Approve the Payment request on your UPI app.

    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

    1. Log in to your bank's net-banking account.
    2. Go to the IPO section.
    3. Select the desired IPO.
    4. Enter IPO bid details.
    5. Enter your Stoxkart demat account details.
    6. Review and Submit.

    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.


  5. 5. How to close Stoxkart account online?

    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.


  6. 6. What is Stoxkart DP id?

    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.



Sanjeev Singh
1. Sanjeev Singh  Jul 23, 2020 23:12 I Like It. | I Don't Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
I have been SMC customer for many years and recently moved to stoxkart online trading. It is good.


Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Very Poor
Customer Service - Above Average
Overall Experience - Above Average

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