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Stoxkart Vs Motilal Oswal: A Generalized Comparison Between The two Discount Stock Brokerage Firms.

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Stoxkart VS Motilal Oswal Comparison:

Here in this article we will discuss about the ups and downs, advantages and risks of these two companies.

Stoxkart

Stoxkart, initially based on the Delhi NCR region, is a part of the SMC group, and provides commodity, derivatives and other stock broking services to customers at very low and competitive prices.

It has one of the largest client bases in India, it’s quite popular for its user-friendly interface and communication technology.

It provides two apps by the name of Stoxkart Classic and Stoxkart Pro, and there is also a specialised branch called Stoxmf, which specialises on mutual fund investments.

Motilal Oswal

It is a Mumbai based stock brokerage firm, initially started in 1987. The full name of the company is Motilal Oswal Securities Ltd. (MOSL). It trades in equity, currency, commodities and derivatives.

It has more than 1000000 customers in India and over 69,500 crores as depository assets. Its main advantage is the extensive research it conducts on equity trading and variable nature of the Indian stock market.

It is registered with BSE, NSE and also MCX for depository services.

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

Overview

StoxkartMotilal Oswal
Logostoxkart brokerageMotilal Oswal
Website URLwww.stoxkart.comwww.motilaloswal.com
About the brokerStoxkart, initially based on the Delhi NCR region, is a part of the SMC group, and provides commodity, derivatives and other stock broking services to customers at very low and competitive prices. It has one of the largest client bases in India.It is a Mumbai based stock brokerage firm, initially started in 1987. The full name of the company is Motilal Oswal Securities Ltd. (MOSL). It trades in equity, currency, commodities and derivatives. It has more than 1000000 customers in India and over 69,500 crores as depository assets.
Type of BrokerDiscount BrokerDiscount Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE, MCX, NCDEX 
Year of Incorporation20191987
Number of Branches2 branches & 12 partner offices900
Stoxkart Vs Motilal Oswal Review

Stoxkart & Motilal Oswal Charges

StoxkartMotilal Oswal
Trading Account Opening Fees₹500₹600
Trading Account AMC₹300₹0
Demat Account Opening Fees₹354₹0
Demat Account AMC₹300₹450 (from 2nd year onwards)
Demat Account is Mandatory?NoNo

Also Read: How to Open Demat Account in Different Broker

Stoxkart Vs Motilal Oswal Brokerage

Brokerage Plans


StoxkartMotilal OswalMotilal OswalMotilal Oswal
Account TypeSingle PlanDefault PlanValue Pack (VP2KLT)Value Pack (VP1LACLT)
Fixed Charges

₹2000 (one-time fee)₹1,00,000 (one-time fee)
Equity Delivery Brokerage₹00.50%0.40%0.10%
Equity Intraday Brokerage₹15 per executed trade0.05% (both side)0.04% (both side)0.01% (both side)
Equity Futures Brokerage₹30 per executed trade0.05% (both side)0.04% (both side)0.01% (both side)
Equity Options Brokerage₹30 per executed trade₹100 per lot (both side)₹50 per lot (both side)₹20 per lot (both side)
Currency Options Trading Brokerage₹30 per executed trade₹100 per lot (both side)₹22 per lot (both side)₹10 per lot (both side)
Commodity Futures Trading Brokerage₹30 per executed trade0.05% (both side)0.04% (both side)0.01% (both side)
Commodity Options Trading Brokerage₹30 per executed trade


Special Offer
Get Zero AMC for Lifetime (with ₹25k margin or ₹3k Value Pack) for limited time.

Also Read: Motilal Oswal Brokerage Calculator Online

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Other Charges


StoxkartMotilal Oswal
Minimum Brokerage Charges₹0₹25 for Delivery and ₹12 for Intraday
Other Brokerage Charges₹0Minimum balance: ₹1,000
Call & Trade Charges₹20 per executed tradeNil

Taxes & other Government Charges

StoxkartMotilal Oswal
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.

Also Read: Sharekhan Vs Motilal Oswal Comparison

Stoxkart & Motilal Oswal Transaction Charges

StoxkartMotilal Oswal
Equity Delivery0.00325%NSE ₹335 per Cr (0.00335%) |
BSE ₹1000 per Cr (0.01%) (each side)
Equity Intraday0.00325%NSE ₹325 per Cr (0.00325%) |
BSE ₹200 per Cr (0.002%) (each side)
Equity Futures0.0019%₹200 per Cr (0.002%)
Equity Options0.05%NSE ₹5110 per Cr (0.0511%) |
BSE ₹200 per Cr (0.002%) (on premium)
Currency Futures0.0009%₹125 per Cr (0.00125%)
Currency Options0.04% (on premium)₹4200 per Cr (0.042%) (on premium)
Commodity0.0005%MCX: ₹250 per Cr (0.0025%)

Stoxkart Vs Motilal Oswal Exposure Margin

StoxkartMotilal Oswal
Equity Delivery4X
Equity IntradayUp to 25x20X for Margin+ (Over 140 Stocks),
4X for other stocks
Equity FuturesUp to 2.5xUp to 3X for Intraday
Equity OptionsUp to 7xNo exposure
Currency FuturesUp to 2.5xIntraday Leverage of 2X
Currency OptionsUp to 2xNo exposure
Commodity FuturesUp to 2.5xUp to 3x for Intraday
Commodity OptionsNo exposure

Also Read: Motilal Oswal Margin Calculator Online

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Stoxkart VS Motilal Oswal Feature Comparison

StoxkartMotilal Oswal
3 in 1 AccountNoNo
ChartingYesYes
SMS AlertsYesYes
Online DemoNoYes
Online PortfolioYesYes
Margin Trading Funding AvailableYes
Trading PlatformStoxkart DesktopOrion Lite,
MO Trader App
Overall Review3.2 /52.6 / 5 

Stoxkart VS Motilal Oswal Investment Options

StoxkartMotilal Oswal
Stock / EquityYesYes
CommodityYesYes
CurrencyYesYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoYes
Bond / NCDNoYes
DebtNoYes
Other Investment Options
PMS, Fixed Deposits,
Insurance, Derivatives

Stoxkart or Motilal Oswal Research Report

StoxkartMotilal Oswal
Daily Market ReportYes
Free TipsYesYes
Quarterly Result AnalysisNoYes
News AlertsNoYes
open motilal oswal account

Stoxkart VS Motilal Oswal for Investor Type

StoxkartMotilal Oswal
Casual Investor
Active InvestorYesYes
TraderYesYes

Stoxkart VS Motilal Oswal Risks & Benefits  

StoxkartMotilal Oswal
BenefitsPay brokerage after earning.
Research reports detailed.
Great intraday exposure.
One of the biggest stock brokers of India with branches all over the country.Call and trade are free.Variety of plans available.
Reports available in detail.
RisksTrading platforms need improvements.
Quite costly account opening charges.3 in 1 account not available.
3 in 1 account not available.Demat account is required for online trading.Requirement of margin deposit.
open stoxkart demat acc

Final words

Thus, we here have provided a detailed analysis of the policies, services and finances of the two stock broking firms: Stoxkart and Motilal Oswal. However, an open market is a subject of risk and thus it’s recommended to tread carefully into this. Only invest your money while you are aware of every risks and benefits to the depth and is willing to take the chance. Whatever be your pick, Stoxkart Vs Motilal Oswal, hope you make some easy money and huge profits.

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