Stoxkart Review

Stoxkart is a discount broker who is rapidly growing popularity with the clients owing to comfortable trading and cheap brokerage charges with ‘pay as per trade’ plan. It is a part of the SMC Global Stock Broker, which was established in 1994. 

Stoxkart provides multiple products & services in trading & investment. It charges a very low brokerage compared to any other broker. 

Along with a free Mutual Fund investment platform, Stoxkart came up with a new concept of brokerage charge, which is “you pay when you earn a profit.” 

This is the first time in India that a broker is giving such a brokerage plan. 

Stoxkart Trading and Demat Account Review

Stoxkart is a revolutionary discount stock broker as it provides new-age technology, Zero brokerage advantages, a user-friendly trading platform, and empowers traders and investors by providing its market expertise. 

Stoxkart Review – Account Opening Process

Stoxkart Account Opening can be done both online and offline.

Online Process

The process to Open Stoxkart Demat Account online is fast and easy. If your Aadhaar card is linked with your mobile number, then the Stoxkart Account opening process gets smooth.

Once you complete uploading documents and e-sign process online, your Stoxkart Demat account will open within a day. You can apply stoxkart coupon codes to get a free account.

Offline Process

If your aadhar card is not linked with your mobile number, you can open a stoxkart account by downloading offline forms, attach required documents, and courier the forms to stoxkart head-office address.

Documents Required to Open Stoxkart Demat Account

To open Stoxkart Demat Account, the documents required are

What do we like about the Stoxkart Account Opening process?

Stoxkart Review – Account Opening Charges

The stockbroker collects charges to open the Stoxkart Demat account and Trading Account account from the clients. 

The annual maintenance charge is charged by the stockbroker yearly to maintain and keep the account active during the year. 

The account opening charges to Open Stoxkart Account are shown in the table below.

Demat Services	Stoxkart Charges
Account Opening Charges	Rs. 500
Demat and Trading AMC Charges	Rs. 300 per year
Margin Money	Zero
Call and trade charges	Rs 20 per order placed

Stoxkart Review – Brokerage Charges

Stoxkart charges a flat rate brokerage. The brokerage charge will be a fixed amount irrespective of the trading turnover. 

No brokerage will be charged for delivery based trades. For all the trades, the brokerage will be charged only if one earns a profit. 

Brokerage Charges	Stoxkart
Equity Delivery Trading	Zero
Equity Intraday Trading	Rs.15 FLAT per executed order
Commodity Options Trading	Rs.15 FLAT per executed order
Equity Futures Trading	Rs.15 FLAT per executed order
Equity Options Trading	Rs.15 FLAT per executed order
Currency Futures Trading	Rs.15 FLAT per executed order
Currency Options Trading	Rs.15 FLAT per executed order

Other Charges

Other charges in Stoxkart like STT etc are as per below – 

Other Charges	Stoxkart
STT	0.025% on sell-side
SEBI Turnover Charges	Rs. 15 per crore
Stamp Duty	Depends on State (very minimal)
GST	18% of Brokerage + Transaction Charges

Stoxkart Review – Trading Platform

Stoxkart provides the best service for trading and investing through Desktop web, stoxkart pro mobile application, and desktop trading platform. 

Here is the detailed information on the trading platforms which are used by clients after opening a stoxkart Demat account.

Trading platform	Features
Stoxkart mobile application	1. The price chart plotted with the event plotted is good and clear. 2. An embedded tabular balance sheet & other financial data for each stock makes it easier for users to view. 3. It also allows us to track our mutual fund holdings.
Stoxkart Pro Web	1. Stoxkart Pro Web provides all the necessary market-related information on real time basis 2. You can overview the market & your trades. 3. You can get detailed Micro/Macro Scrip data for analysis. 4. You can access Research calls & trading ideas and also set alerts or notifications. 5. You can access your detailed portfolio and fee reports.
Stoxkart desktop application	1. It is user-friendly & customizable in function and very similar to the NEST trading platform in design. 2. You can place several varieties of order types. 3. There is no two-step login feature. 4. You can easily add, remove or change the size or position of the tabs.

Stoxkart Review – Other Products

Stoxkart provides free service for clients to invest in mutual fund schemes through SIP or LUMPSUM. 

Here is the detailed review information on the stoxkart mutual fund. 

Other products	Overview
STOXMF	1. Stoxkart also provides an online facility for investing in mutual funds. 2. Paperless transactions for investment in mutual funds can be done from the same trading platform. 3. You can get recommendations from the expert investors on the basis of your financial goals. 4. Stoxkart is offering an interesting one and you are advised to check it out if it goes with your investment needs.

Stoxkart Customer Service

Stoxkart customer care Email ID: contact@stoxkart.com
Stoxkart support number: 1800113331

Stoxkart Review – Advantages and Areas of Improvement

Here are the advantages of using a stoxkart account. There are a few areas of improvement that we have listed

Advantages	Areas of Improvement
Online mutual funds	The UI Application can be improved
Research-based information	Stoxkart can work on reducing the demat account Opening fees
Advanced charting and alert features
User-friendly application and goal-based investment decision

Our Stoxkart Experience Review

Stoxkart Review FAQs