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Stoxkart Vs HDFC Securities: Side By Side Comparison Of The Two Big Broker In Indian Share Market

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Stoxkart Vs HDFC Securities Comparison:

Stoxkart

Stoxkart, a discount brokerage firm based in Delhi NCR have made its name in the Indian stock market scenario. It has cutting edge technology in communication and advisory, assistance and services in equity, currency and commodities.

It provides two apps called Stoxkart Classic and Stoxkart Pro, which helps trading online. It has a special branch called Stoxmf which helps in mutual fund investments, and a specialised group of assistants to help on the go.

HDFC Securities

It is the equity trading branch of the HDFC Bank, trading in currency, commodities, equity and derivatives. It is registered with both NSE and BSE, and trades in them and allows cash and carry for their clients.

It has very low account opening charges and their account maintenance charges are also very low.

They allow 3-in-1 accounts for their corporate clients. They are second only to ICICI Securities in the Indian stock market in terms of popularity and client no.

Let’s have a detailed look at both of them.

Stoxkart VS HDFC Securities compare

Overview


StoxkartHDFC Securities
Logostoxkart brokeragehdfc securities
Website URLwww.stoxkart.comwww.hdfcsec.com
About the brokerStoxkart, a discount brokerage firm based in Delhi NCR have made its name in the Indian stock market scenario. It has cutting edge technology in communication and advisory, assistance and services in equity, currency and commodities. It provides two apps called Stoxkart Classic and Stoxkart Pro, which helps trading online.It is the equity trading branch of the HDFC Bank, trading in currency, commodities, equity and derivatives. It is registered with both NSE and BSE, and trades in them and allows cash and carry for their clients.
Type of BrokerDiscount BrokerFull-Service Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE 
Year of Incorporation20192002
Number of Branches2 branches & 12 partner offices270

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Stoxkart Vs HDFC Securities Charges


StoxkartHDFC Securities
Trading Account Opening Fees₹500₹999
Trading Account AMC₹300₹0
Demat Account Opening Fees₹354₹0
Demat Account AMC₹300₹750
Demat Account is Mandatory?NoNo

Stoxkart Vs HDFC Securities Brokerage


StoxkartHDFC Securities
Account TypeSingle PlanOnline Trading
Equity Delivery Brokerage₹00.50%
Equity Intraday Brokerage₹15 per executed trade0.05%
Equity Futures Brokerage₹30 per executed trade0.05%
Equity Options Brokerage₹30 per executed trade₹100 per lot or 1% of the premium (whichever is higher)
Currency Options Trading Brokerage₹30 per executed trade₹20 per contract
Commodity Futures Trading Brokerage₹30 per executed trade0.02% for Intraday / 0.025% for positional
Commodity Options Trading Brokerage₹30 per executed trade0.02% for Intraday / 0.025% for positional
Special Offer
₹750 Demat account AMC fee waived off for the first year. Get HDFC 3-in-1 account, integrated trading + demat + saving bank account for seamless investing in stock market and mutual funds.

Other Charges


StoxkartHDFC Securities
Minimum Brokerage Charges₹0₹25 plus taxes
Other Brokerage Charges₹0
Call & Trade Charges₹20 per executed trade₹0

Read Also: Stoxkart Brokerage Calculator Online

Taxes & Other Government Charges


StoxkartHDFC Securities
Securities Transaction Tax (STT)0.0126% of total turnoverEquity Intraday 0.025% (on Sell trade)
Equity Delivery 0.1% (on Buy and Sell)
Equity Futures 0.01% (on Sell trade)
Equity Options 0.05% (on Sell trade premium) or 0.125% (on exercised options)
Currency Futures Nil
Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
SEBI Charges₹15 per Cr.₹15 per Cr.
Goods and Services Tax (GST)18% on brokerage + transaction charges18% on brokerage + transaction charges
Stamp DutyAs per the Client’s state of correspondence.As per the Client’s state of correspondence.

Read Also: HDFC Securities Brokerage Calculator Online

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Stoxkart & HDFC Securities Transaction Charges


StoxkartHDFC Securities
Equity Delivery0.00325%0.00325%
Equity Intraday0.00325%0.00325%
Equity Futures0.0019%0.00190%
Equity Options0.05%0.050% (on premium)
Currency Futures0.0009%0.00165%
Currency Options0.04% (on premium)0.040% (on premium)
Commodity0.0005%NA

Stoxkart or HDFC Securities Exposure Margin


StoxkartHDFC Securities
Equity Delivery
2x with Interest
Equity IntradayUp to 25xUp to 20X
Equity FuturesUp to 2.5xNil
Equity OptionsUp to 7xNil
Currency FuturesUp to 2.5xNil
Currency OptionsUp to 2xNil
Commodity FuturesUp to 2.5xNil
Commodity Options

Read Also: Hdfc Securities Margin Calculator Online

Stoxkart VS HDFC Securities Feature Comparison


StoxkartHDFC Securities
3 in 1 AccountNoYes
ChartingYesYes
SMS AlertsYesYes
Online DemoNoYes
Online PortfolioYesYes
Margin Trading Funding Available
No
Trading PlatformStoxkart DesktopProTerminal ,
Blink ,
Smallcase ,
Voice Enabled Investing,
Mobile Trading App,
Digify
Overall Review3.2 /52.2 / 5 

Stoxkart VS HDFC Securities Investment Options


StoxkartHDFC Securities
Stock / EquityYesYes
CommodityYesYes
CurrencyYesYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoYes
Bond / NCDNoYes
DebtNoYes
Other Investment Options
Insurance,
FD, 
NCD, 
Bond, 
NPS, 
Loan, 
NRI Trading

Stoxkart Vs HDFC Securities Research Report


StoxkartHDFC Securities
Daily Market Report
Yes
Free TipsYesYes
Quarterly Result AnalysisNoYes
News AlertsNoYes
open stoxkart demat acc

Stoxkart Vs HDFC Securities For Investor Type


StoxkartHDFC Securities
Casual Investor
Yes
Active InvestorYes
TraderYes

Stoxkart Vs HDFC Securities Risks & Benefits  


StoxkartHDFC Securities
BenefitsEarn and pay brokerage.
Impressive intraday exposure.
3 in 1 account available.Call and trade are free.
RisksTrading platforms need added facilities.
High account opening charges.3 in 1 account not available.
You have to open a savings account and a depository account in addition to the trading account.Brokerage fees are quite high.Minimum brokerage is also high.

Final Words

Thus, this article helps our readers to deal with the ups and downs, pros and cons of the two stock brokers, Stoxkart and HDFC Securities. The variable nature of the market is quite a gamble for anyone, and thus investment should only be done after knowing in depth, the field you are treading into. Stoxkart Vs HDFC Securities, whatever be the solution to your problem, choose wisely and make good money.

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