Stoxkart Vs Indiabulls Shubh Comparison:
Stoxkart
Stoxkart, an Indian Stock Broking giant, provides services in stock, commodities, currency, equity and derivatives. It initially started in the Delhi region and has a now a no. of service centres and sub-brokers across the country.
It has two apps by the name of Stoxkart Classic and Stoxkart Pro, which provide online assistance and trading. It also has a branch called Stoxmf, operating only in mutual funds.
Indiabulls Shubh
It is the brokerage handle of Indiabulls Ventures, started in the year 2000. It has ultra-low brokerage fees and thus is one of the leading discount brokers in the Indian stock market scenario.
It provides free research, free call and trade, free demat accounts, zero interest funding and unlimited trading. It deals in equity, currency, commodities and derivatives.
It was relaunched in 2019, and recently providing services to more than 7 lakh people across the country. They have a very highly qualified group of professionals who provide assistance to these clients and provide a cutting-edge online platform for trading.
Let’s have a detailed look at both of them.
Overview
| Stoxkart | Indiabulls Shubh | |
| Logo |  |  |
| Website URL | www.stoxkart.com | www.indiabullsventures.com |
| About the broker | Stoxkart, an Indian Stock Broking giant, provides services in stock, commodities, currency, equity and derivatives. It initially started in the Delhi region and has a now a no. of service centres and sub-brokers across the country. | It is the brokerage handle of Indiabulls Ventures, started in the year 2000. It has ultra-low brokerage fees and thus is one of the leading discount brokers in the Indian stock market scenario. It provides free research, free call and trade, free demat accounts, zero interest funding and unlimited trading. |
| Type of Broker | Discount Broker | Discount Broker |
| Supported Exchange | NSE, BSE, MCX | NSE, BSE, MCX |
| Year of Incorporation | 2019 | 2000 |
| Number of Branches | 2 branches & 12 partner offices | 18 |
Stoxkart & Indiabulls Shubh Charges
| Stoxkart | Indiabulls Shubh | |
| Trading Account Opening Fees | ₹500 | ₹500 |
| Trading Account AMC | ₹300 | ₹0 |
| Demat Account Opening Fees | ₹354 | ₹0 |
| Demat Account AMC | ₹300 | ₹450 |
| Demat Account is Mandatory? | No | No |
Stoxkart Vs Indiabulls Shubh Brokerage
Brokerage Plan 1
| Stoxkart | Indiabulls Shubh | Indiabulls Shubh | Indiabulls Shubh | |
| Account Type | Single Plan | Equity Unlimited Trade | F&O Unlimited Trade | Base Plan |
| Fixed Charges | ₹ 1000 | ₹ 1000 | NA | |
| Equity Delivery Brokerage | ₹ 0 | ₹ 0 (Free) | ₹ 15 per trade | ₹ 0 (Free) |
| Equity Intraday Brokerage | ₹ 15 per executed trade | ₹ 0 (Free) | ₹ 15 per trade | ₹ 15 per executed order |
| Equity Futures Brokerage | ₹ 30 per executed trade | ₹ 15 per trade | ₹ 0 (Free) | ₹ 15 per executed order |
| Equity Options Brokerage | ₹30 per executed trade | ₹ 15 per trade | ₹ 0 (Free) | ₹ 15 per executed order |
| Currency Options Trading Brokerage | ₹ 30 per executed trade | ₹ 15 per trade | ₹ 0 (Free) | ₹ 15 per executed order |
| Commodity Futures Trading Brokerage | ₹ 30 per executed trade | 0.03% | 0.03% | 0.03% |
| Commodity Options Trading Brokerage | ₹ 30 per executed trade | 0.03% | 0.03% | 0.03% |
| Special Offer | FREE Unlimited Trading for 1st Month (₹1000 waived) |
Read Also: Indiabulls Venture Shubh Brokerage Calculator Online
Other Charges
| Stoxkart | Indiabulls Shubh | |
| Minimum Brokerage Charges | ₹0 | ₹0 (Unlimited Plan), ₹15 (Per Trade Plan) |
| Other Brokerage Charges | ₹0 | |
| Call & Trade Charges | ₹20 per executed trade | ₹0 (Free) |
Read Also: Stoxkart Brokerage Calculator Online
Taxes & Other Government Charges
| Stoxkart | Indiabulls Shubh | |
| Securities Transaction Tax (STT) | 0.0126% of total turnover | Equity 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 charges | 18% on brokerage + transaction charges |
| Stamp Duty | As per the Client’s state of correspondence. | As per the Client’s state of correspondence. |
Stoxkart Vs Indiabulls Shubh Transaction Charges
| Stoxkart | Indiabulls Shubh | |
| Equity Delivery | 0.00325% | 0.00325% |
| Equity Intraday | 0.00325% | 0.00325% |
| Equity Futures | 0.0019% | 0.0025% |
| Equity Options | 0.05% | 0.055% (on premium) |
| Currency Futures | 0.0009% | 0.0025% |
| Currency Options | 0.04% (on premium) | 0.055% (on premium) |
| Commodity | 0.0005% |
Stoxkart Vs Indiabulls Shubh Exposure Margin
| Stoxkart | Indiabulls Shubh | |
| Equity Delivery | 1x (no margin) | |
| Equity Intraday | Up to 25x | Up to 5x (based on the stock) |
| Equity Futures | Up to 2.5x | Intraday: 4x | Carry forward: 1x (no margin) |
| Equity Options | Up to 7x | Intraday: 4x | Carry forward: 1x |
| Currency Futures | Up to 2.5x | Intraday: 2x | Carry forward: 1x |
| Currency Options | Up to 2x | Intraday: 2x | Carry forward: 1x |
| Commodity Futures | Up to 2.5x | NA |
| Commodity Options | NA |
Read Also: Indiabulls Shubh Margin Calculator Online
Stoxkart Vs Indiabulls Shubh Feature Comparison
| Stoxkart | Indiabulls Shubh | |
| 3 in 1 Account | No | No |
| Charting | Yes | Yes |
| SMS Alerts | Yes | Yes |
| Online Demo | No | Yes |
| Online Portfolio | Yes | Yes |
| Margin Trading Funding Available | Yes | |
| Trading Platform | Stoxkart Desktop | SHUBH Mobile, SHUBH Web, Power Indiabulls (PIB) |
| Overall Review | 3.2 /5 | 3.2 / 5 |
Stoxkart Vs Indiabulls Shubh Investment Options
| Stoxkart | Indiabulls Shubh | |
| Stock / Equity | Yes | Yes |
| Commodity | Yes | Yes |
| Currency | Yes | Yes |
| Initial Public Offers (IPO) | No | Yes |
| Mutual Funds | No | No |
| Bond / NCD | No | Yes |
| Debt | No | Yes |
| Other Investment Options |
Stoxkart Vs Indiabulls Shubh Research Report
| Stoxkart | Indiabulls Shubh | |
| Daily Market Report | Yes | |
| Free Tips | Yes | Yes |
| Quarterly Result Analysis | No | Yes |
| News Alerts | No | Yes |
Stoxkart Vs Indiabulls Shubh for Investor Type
| Stoxkart | Indiabulls Shubh | |
| Casual Investor | ||
| Active Investor | Yes | Yes |
| Trader | Yes | Yes |
Stoxkart Vs Indiabulls Shubh Risks & Benefits
| Stoxkart | Indiabulls Shubh | |
| Benefits | Brokerage fees payable only if you earn. Research reports high-quality. Appreciable intraday exposure. | No brokerage fees charged in equity delivery segment.Research reports high-quality. Trading platform free. |
| Risks | Trading platforms need updating. High account opening charges.3 in 1 account not available. | 3 in 1 account not available.Indiabulls Shubh app does not offer online IPO & Mutual Fund investment.Online customers are deprived of local branch support. |
Final words
Thus, this article helps our customers to verify and compare the policies of Stoxkart and Indiabulls Shubh, the two discount stock brokerage services. The open market is always risky, that’s why, before investing money into these firms, always have good knowledge of the risks and policies. Whatever be your pick in Stoxkart vs Indiabulls Shubh, invest money for super returns. Happy money-making to you.
