Stoxkart (None)

Discount Broker Depository: CDSL

Stoxkart, an internet discount broker based mostly in Delhi, was started in 2019. It offers mercantilism and investment services available, currency, commodity, derivatives, IPOs, mutual funds, and different investments. it's half SMC international restricted that may be a full-service factor and a prime varied money services firm in the Asian nation. Stoxkart has one of the bottom brokerage fees in its business. you'll be able to trade intraday equity shares while not a brokerage and provided that you create an exploit the trade, it charges flat Rs fifteen. It charges flat Rs fifteen for all different segments. Stoxkart offers up to 25x exposure for intraday mercantilism across equity, currency, and goods. this can be the most important margin offered by discount brokers. Stoxkart includes a choice of online mercantilism software packages. Stoxkart Classic (Mobile mercantilism App), ProWeb, (browser mercantilism platform), and a desktop mercantilism app square measure all offered from the corporate. Stoxkart additionally provides 'StoxMF, an internet platform that enables investment trust investors to take a position. Stoxkart, a SEBI-registered stockbroker, has memberships with BSE, and MCX. Through an internet Learning Centre, it provides education to customers on numerous topics associated with mercantilism and finance.

Stoxkart Products

The segments that you can invest in through STOXKART are equity, commodity, currency, futures, and options.
  • Equity
  • Commodity
  • Currency
  • Futures
  • Options

Stoxkart Trading Softwares

A collection of software and applications that the broker offers to help you execute online buy/sell orders. These are the names of their portals and mobile apps.
  • Stoxkart Mobile trading application
  • Stoxkart Browser trading platform Pro Web
  • Stoxkart Browser trading platform
  • StoxMF - mutual funds online

Stoxkart Brokerage Plans

Choose from one or more plans below. Use tabs if multiple plans available. A single plan includes all the basic charges and brokerages, margins, etc.

Stoxkart Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, IPO platform, Bonds & Debt, Exchange Traded Funds, etc.
  • Mutual Funds
  • IPO Platforms
  • Bonds & Debt
  • Exchange Traded Funds
  • Insurance

Stoxkart Additional Features

Extra features are provided by the broker at little or no extra cost. Like SMS Alerts, Margin Funding, Margin Against Share, etc.
  • 3 in 1 Account
  • Free Recommendations
  • Free Research Reports
  • SMS Alerts
  • Margin Funding
  • Margin Against Share

Stoxkart Pros

This broker has many strengths and advantages.
 


Brokerage-free Equity Delivery Trades and Mutual Funds
Low brokerage stockbroker. Flat Rs 15. Intraday or F&O orders.
No Brokerage on Intraday Loss Trades. Only make profits and pay Rs 15 brokerage fee
Advanced trading platforms are available in desktop, mobile, and web versions.
Online Learning Centre to help investors in their education
Refer a friend to Stoxkart and you will earn a Rs 500 Amazon gift voucher.
Online Application You can apply to new IPOs through your Stoxkart account.

Stoxkart Cons

This broker has some shortcomings that need to be fixed.


It doesn't offer stock tips, research reports or recommendations.
Call and Trade are available for an additional Rs 20 per executed order.
Extra Rs 20 is charged per order for intraday positions that are arranged by the broker.
Provides no branch services or relationship managers.

Our Conclusion

Verdict


Stoxkart offers flat brokerage across segments that are lower than many discount brokers. The brokerage fee for Intraday is only charged if you make a profit. This is an added advantage for traders. It is a preferred choice of traders because it has an integrated back-office and an intuitive user interface.

The broker will provide for traders

AutoTrader is a premium feature that allows advanced trading research software to be used with an automated tool to help save time when making decisions.

Integrated back office within the web trading platform
Free research calls are available.
A portfolio tracker allows customers to see their portfolio's risk exposure.

The broker will provide for Investor

Charges zero brokerage on equity delivery
One app for mutual fund investments and stocks.

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