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Zerodha Vs Stoxkart

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 2019, Stoxkart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Zerodha Stoxkart
Type of Broker Discount Broker Discount Broker
Exchnage Membership NSE, BSE, MCX and NCDEX BSE, NSE, MCX
Year of Incorporation 2010 2019
Number of Branches 22 1
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Zerodha Vs Stoxkart Charges & AMC

Zerodha trading account opening charges is Rs 200 while Stoxkart account opening changes is Rs 300. Zerodha Demat Account AMC Charges is Rs 300 and Stoxkart Demat Account AMC Charges is Rs 300.

  Zerodha Stoxkart
Trading Account Opening Charges Rs 200 Rs 300
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 300 Rs 300

Zerodha Vs Stoxkart Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Stoxkart brokerage charges for equity is Rs 0 and intraday is Rs 15 (on profit trades only).

Account Type Zerodha Flat Brokerage Plan Stoxkart Default
Fixed Charges
Equity Delivery Rs 0 (Free) Rs 0
Equity Intraday Rs 20 per executed order or .03% whichever is lower Rs 15 (on profit trades only)
Equity Futures Rs 20 per executed order or .03% whichever is lower Rs 15
Equity Options Rs 20 per executed order Rs 15
Currency Futures Rs 20 per executed order or .03% whichever is lower Rs 15
Currency Options Rs 20 per executed order or .03% whichever is lower Rs 15
Commodity Futures Rs 20 per executed order or .03% whichever is lower Rs 15
Commodity Options Rs 20 per executed order or .03% whichever is lower Rs 15

Zerodha Charges Vs Stoxkart

Minimum Brokerage 0.03% in Intraday and F&O Rs 0
Other Charges Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS Auto square-off Rs 20 per order.
Call & Trade Charges Rs 50 per executed order Rs 20

Zerodha Vs Stoxkart Transaction Charges

Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Stoxkart exchange transaction charges for options is NSE: 0.05% | BSE: 0.0005% (on premium).

  Zerodha Stoxkart
Equity Delivery NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE: 0.00325% | BSE: 0.003%
Equity Intraday NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) NSE: 0.00325% | BSE: 0.003%
Equity Futures NSE Rs 200 per Cr (0.002%) NSE: 0.0019% | BSE: 0.0007%
Equity Options NSE Rs 5300 per Cr (0.053%) (on premium) NSE: 0.05% | BSE: 0.0005% (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) NSE: 0.0009% | BSE: 0.00042%
Currency Options NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE: 0.04% | BSE: 0.0012% (on premium value)
Commodity Group A - Rs 260 per Cr (0.0026%) Futures Group A: 0.0036% | Options: 0.002%
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Zerodha Vs Stoxkart Leverage (Margin)

Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Stoxkart margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Zerodha Stoxkart
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Zerodha and Stoxkart Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Stoxkart offers Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web trading software.

  Zerodha Stoxkart
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio No No
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Kite Web, Kite Mobile for Android/iOS and Coin Stoxkart Pro, Stoxkart Classic, Stoxkart Desktop, Stoxkart Web
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features Direct Mutual Funds, APIs for Algo Trading
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Zerodha Vs Stoxkart Review

Zerodha is rated 3.7 of 5 based on 466 customer reviews whereas Stoxkart is rated 3.8 of 5 based on 4 customer reviews.

  Zerodha Stoxkart
  466 Customer Reviews    Rate Zerodha 4 Customer Reviews    Rate Stoxkart
Fees 3.7 3.8
Brokerage 4.2 4.8
Trading Platform 3.6 3.8
Customer Service 3.4 3.3
Research Capabilities 2.9 3.3
Overall Ratings Rated 3.7 stars Rated 3.8 stars
Broker Rating Zerodha is rated 3.7 of 5 based on 466 customer reviews Stoxkart is rated 3.8 of 5 based on 4 customer reviews

Zerodha Vs Stoxkart Investment Options

  Zerodha Stoxkart
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options

Zerodha Vs Stoxkart Order Type Offered

  Zerodha Stoxkart
Bracket Order No Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
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Zerodha Vs Stoxkart Research Report

  Zerodha Stoxkart
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

Zerodha Vs Stoxkart Suitable For Investor Type

  Zerodha Stoxkart
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes

Zerodha Vs Stoxkart - Pros and Cons

  Zerodha Stoxkart
Pros
  • India's No. 1 broker in terms of the number of active clients and exchange volume.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
  1. Stoxkart is an online discount brokerage business of well established full-service broker SMC Global.
  2. Excellent online trading platform (web, mobile app, and desktop) for free to all.
  3. Offers brokerage free equity delivery trades and mutual fund investment.
  4. Charge flat Rs 15 per order brokerage for intraday and F&O at BSE, NSE, and MCX.
  5. Charge Rs 0 brokerage on Intraday trades if your trade is not in profit.
  6. Get up to 25x leverage on intraday trading with CO/BO.
  7. Paperless account opening.
  8. Offer NRI trading and demat account
Cons
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
  1. No research reports, tips, or recommendations.
  2. No relationship manager or personalized services.
  3. Call & Trade is at an extra Rs 20 per executed order.
  4. Auto square-off of intraday positions at an extra Rs 20 per executed order.
Reviews
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