Stoxkart Vs Indiabulls Venture Shubh: A General Comparison Between The Stock Broking Services

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.

Stoxkart Vs Indiabulls

Overview


StoxkartIndiabulls Shubh
Logostoxkart brokerageindiabulls
Website URLwww.stoxkart.comwww.indiabullsventures.com
About the brokerStoxkart, 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 BrokerDiscount BrokerDiscount Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE, MCX 
Year of Incorporation20192000
Number of Branches2 branches & 12 partner offices18

Stoxkart & Indiabulls Shubh Charges


StoxkartIndiabulls 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?NoNo

Stoxkart Vs Indiabulls Shubh Brokerage

Brokerage Plan 1


StoxkartIndiabulls ShubhIndiabulls ShubhIndiabulls Shubh
Account TypeSingle PlanEquity Unlimited TradeF&O Unlimited TradeBase Plan
Fixed Charges
₹ 1000₹ 1000NA
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 trade0.03%0.03%0.03%
Commodity Options Trading Brokerage₹ 30 per executed trade0.03%0.03%0.03%
Special Offer
FREE Unlimited Trading for 1st Month (₹1000 waived)

Read Also: Indiabulls Venture Shubh Brokerage Calculator Online

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Other Charges


StoxkartIndiabulls 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


StoxkartIndiabulls Shubh
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.

Stoxkart Vs Indiabulls Shubh Transaction Charges


StoxkartIndiabulls Shubh
Equity Delivery0.00325%0.00325%
Equity Intraday0.00325%0.00325%
Equity Futures0.0019%0.0025%
Equity Options0.05%0.055% (on premium)
Currency Futures0.0009%0.0025%
Currency Options0.04% (on premium)0.055% (on premium)
Commodity0.0005%

Stoxkart Vs Indiabulls Shubh Exposure Margin


StoxkartIndiabulls Shubh
Equity Delivery
1x (no margin)
Equity IntradayUp to 25xUp to 5x (based on the stock)
Equity FuturesUp to 2.5xIntraday: 4x | Carry forward: 1x (no margin)
Equity OptionsUp to 7xIntraday: 4x | Carry forward: 1x
Currency FuturesUp to 2.5xIntraday: 2x | Carry forward: 1x
Currency OptionsUp to 2xIntraday: 2x | Carry forward: 1x
Commodity FuturesUp to 2.5xNA
Commodity Options
NA

Read Also: Indiabulls Shubh Margin Calculator Online

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Stoxkart Vs Indiabulls Shubh Feature Comparison


StoxkartIndiabulls Shubh
3 in 1 AccountNoNo
ChartingYesYes
SMS AlertsYesYes
Online DemoNoYes
Online PortfolioYesYes
Margin Trading Funding Available
Yes
Trading PlatformStoxkart DesktopSHUBH Mobile,
SHUBH Web,
Power Indiabulls (PIB)
Overall Review3.2 /53.2 / 5 

Stoxkart Vs Indiabulls Shubh Investment Options


StoxkartIndiabulls Shubh
Stock / EquityYesYes
CommodityYesYes
CurrencyYesYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoNo
Bond / NCDNoYes
DebtNoYes
Other Investment Options

Stoxkart Vs Indiabulls Shubh Research Report


StoxkartIndiabulls Shubh
Daily Market Report
Yes
Free TipsYesYes
Quarterly Result AnalysisNoYes
News AlertsNoYes
open stoxkart demat acc

Stoxkart Vs Indiabulls Shubh for Investor Type


StoxkartIndiabulls Shubh
Casual Investor

Active InvestorYesYes
TraderYesYes

Stoxkart Vs Indiabulls Shubh Risks & Benefits  


StoxkartIndiabulls Shubh
BenefitsBrokerage 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.
RisksTrading 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.