Saturday, November 26, 2022

StoxKart

StoxKart is backed by SMC group, It offers trading and investing in various segments at a flat rate of brokerage.

Product Basket

The segments in which you can invest through this broker

 Equity

Options

 Currency

Futures

 Commodity     

Trading Platforms

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, Full Platform Details.

Web Trading Platform

Mobile App

Desktop App

 

Charges

Account Opening Charges – Free

Account Maintenance Charges – ₹300

Call and Trade – ₹20

Brokerage Charges

Equity Delivery  – Zero

Equity Intraday – ₹15

Equity Futures – ₹15

Equity Options – ₹15

Currency Futures – ₹15

Currency Options – ₹15

Commodity Futures – ₹15

Commodity Options – ₹15

Margins

Equity Delivery  – 4x

Equity Intraday – 33x

Equity Futures – 4x

Equity Options – 4x

Currency Futures – 4x

Currency Options – 4x

Commodity Futures – 4x

Commodity Options – 0x

Pros

  • When user gain profit than and than brokerage charges are applicable
  • Brokerage charges are less compare to peers
  • Stoxkart provides FREE stocks recommendations.
  • Stoxkart provides real time data and trading tools.

Cons

  • Extra charges are applicable for call and trade facility used.
  • In terms of Internet usage; the app is heavy.
  • Stoxkart does not provides direct mutual funds; limited options are available.
  • To use extra features subscribers need to pay extra.
  • ODIN software charges are extra payable.

Additional Features

Extra features provided by the broker at little or no extra cost.

 3 in 1 Account

 Free Trading Call

 Fee Research Report

SMS Alerts

 Margin Funding

Margin Against Share

More Investment Options

Services provided by the broker for investing in other financial assets.

 Mutual Funds

 IPO

 Bond and Debt Assets

ETFs

Insurance