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Stoxkart Vs Reliance Securities: A Face to Face Comparison Between The Stock Broking Services

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Stoxkart VS Reliance Securities 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.

Reliance Securities

Reliance Securities is the financial handle of the Reliance Anil Dhirubhai Ambani group, providing services in commodity, currency, equity and derivatives.

It trades under NSE, BSE, MCX and NMCE. Rsec.co.in is the web portal of these firm, which is the online platform for all types of financial services.

It has an active client, summing to nearly 1lakh in the Indian Market. The account opening charges are free, and annual maintenance charges are low.

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

Overview


StoxkartReliance Securities
Logostoxkart brokerageReliance Securities
Website URLwww.stoxkart.comwww.reliancesmartmoney.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.Reliance Securities is the financial handle of the Reliance Anil Dhirubhai Ambani group, providing services in commodity, currency, equity and derivatives. It has an active client, summing to nearly 1lakh in the Indian Market.
Type of BrokerDiscount BrokerFull-Service Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE 
Year of Incorporation20192006
Number of Branches2 branches & 12 partner offices40
Stoxkart Vs Reliance Securities Review

Stoxkart & Reliance Securities Charges


StoxkartReliance Securities
Trading Account Opening Fees₹500₹950
Trading Account AMC₹300₹0
Demat Account Opening Fees₹354₹0
Demat Account AMC₹300₹400
Demat Account is Mandatory?NoNo

Stoxkart VS Reliance Securities Brokerage

Brokerage Plan 1


Stoxkart BrokerageReliance Securities BrokerageReliance Securities
Account TypeSingle PlanR Fixed OnlineR Fixed
Equity Delivery Brokerage₹00.40%0.50%
Equity Intraday Brokerage₹15 per executed trade0.04%0.05%
Equity Futures Brokerage₹30 per executed trade0.04%0.05%
Equity Options Brokerage₹30 per executed trade₹100 per lot₹100 per lot
Currency Options Trading Brokerage₹30 per executed trade₹100 per lot
Commodity Futures Trading Brokerage₹30 per executed tradeNA
Commodity Options Trading Brokerage₹30 per executed tradeNA
Special Offer

Other Charges

StoxkartReliance Securities
Minimum Brokerage Charges₹05 paise per share
Other Brokerage Charges₹0Physical contract note: ₹40 | Physical Ledger: ₹40
Call & Trade Charges₹20 per executed trade₹20 per call (First 20 calls free)

Taxes & other Government Charges

StoxkartReliance 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.

Stoxkart & Reliance Securities Transaction Charges

StoxkartReliance Securities
Equity Delivery0.00325%0.0035%
Equity Intraday0.00325%0.0035%
Equity Futures0.0019%0.0033%
Equity Options0.05%0.063% (on premium)
Currency Futures0.0009%
Currency Options0.04% (on premium)
Commodity0.0005%NA

Stoxkart or Reliance Securities Exposure Margin

StoxkartReliance Securities
Equity Delivery
Up to 3x with 21% interest per year
Equity IntradayUp to 25xUp to 10x
Equity FuturesUp to 2.5xUp to 3x
Equity OptionsUp to 7xNil
Currency FuturesUp to 2.5xNil
Currency OptionsUp to 2xNil
Commodity FuturesUp to 2.5xNA
Commodity Options

Also Read: Reliance Securities Margin Calculator Online

Related Post:   Stoxkart Vs TradingBells Comparison - Which One is Better?

Stoxkart VS Reliance Securities Feature Comparison

StoxkartReliance Securities
3 in 1 AccountNoNo
ChartingYesYes
SMS AlertsYesYes
Online DemoNoYes
Online PortfolioYesYes
Margin Trading Funding AvailableYes
Trading PlatformStoxkart DesktopInstaXpress,
InstaPlus, Tick,
Tick PRO,
R Mobile express
Overall Review3.2 /53.2 / 5 

Stoxkart VS Reliance Securities Investment Options

StoxkartReliance Securities
Stock / EquityYesYes
CommodityYesYes
CurrencyYesYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoYes
Bond / NCDNoYes
DebtNoNo
Other Investment OptionsOption strategies,
R Model Portfolio

Stoxkart or Reliance Securities Research Report

StoxkartReliance Securities
Daily Market ReportYes
Free TipsYesYes
Quarterly Result AnalysisNoYes
News AlertsNoYes
reliance demat account

Stoxkart VS Reliance Securities for Investor Type

StoxkartReliance Securities
Casual Investor
Active InvestorYesYes
TraderYesYes

Stoxkart VS Reliance Securities Risks & Benefits  

StoxkartReliance Securities
BenefitsEarn and then only pay brokerage.
Highly detailed reports by SMC.
High intraday exposure.
Wide range of options in investment.
All major cities have branches.
Intraday product is leveraged.
RisksTrading platforms need improvements.
Quite high account opening charges.3 in 1 account not available.
3 in 1 account not available.Website usability unsatisfactory.
open stoxkart demat acc

Final words

Thus, this article helps our customers to verify and compare the policies of Stoxkart and Reliance Securities, 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.

Only then, invest money for super returns. Whatever you choose between Stoxkart Vs Reliance Securities, hope you earn huge profits.

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