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Stoxkart Vs SBICAP Securities Comparison – Which One is Better?

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Stoxkart VS SBICAP Securities 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.

SBICAP Securities

It is the stock brokerage facility of the SBI group and deals in currency, commodities, equity, derivatives and mutual funds. It has a quite huge active client base and it provides web portal called SBI Smart which is the online platform of the company. It is also depository members with CSDL and NSDL.

NRIs living in US, UK, Canada and Japan can also avail the services of the firm, and have a 3-in-1 account.

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

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

Overview

StoxkartSBICAP Securities
Logostoxkart brokeragesbi cap
Website URLwww.stoxkart.comwww.sbicaps.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 is the stock brokerage facility of the SBI group and deals in currency, commodities, equity, derivatives and mutual funds. It has a quite huge active client base and it provides web portal called SBI Smart which is the online platform of the company. It is also depository members with CSDL and NSDL.
Type of BrokerDiscount BrokerFull-Service Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE 
Year of Incorporation20192001
Number of Branches2 branches & 12 partner offices117
Stoxkart Vs SBICAP Securities Review

Stoxkart & SBICAP Securities Charges


StoxkartSBICAP Securities
Trading Account Opening Fees₹500₹850
Trading Account AMC₹300₹0
Demat Account Opening Fees₹354₹0
Demat Account AMC₹300₹350
Demat Account is Mandatory?NoNo

Stoxkart VS SBICAP Securities Brokerage

Stoxkart BrokerageSBICAP Securities Brokerage
Account TypeSingle PlaneZ-trade
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
Currency Options Trading Brokerage₹30 per executed trade₹30 per lot
Commodity Futures Trading Brokerage₹30 per executed tradeNA
Commodity Options Trading Brokerage₹30 per executed tradeNA
Special Offer

Other Charges

StoxkartSBICAP Securities
Minimum Brokerage Charges₹0₹0.05 for Cash, ₹0.01 Future
Other Brokerage Charges₹0
Call & Trade Charges₹20 per executed trade₹10 per call (after 30 free calls a month)

Taxes & other Government Charges

StoxkartSBICAP 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.

Also Read: Sbicap Securities VS Hdfc Securities Comparison

Related Post:   Stoxkart Mobile App Review - Stoxkart Pro, Stoxkart Classic, Stoxkart Invest App

Stoxkart & SBICAP Securities Transaction Charges

StoxkartSBICAP Securities
Equity Delivery0.00325%NSE: 0.00386% | BSE: 0.00384%
Equity Intraday0.00325%NSE: 0.00386% | BSE: 0.00384%
Equity Futures0.0019%NSE: 0.002206% (₹221/Crore)
Equity Options0.05%NSE: 0.05515% (₹5515/Crore)
Currency Futures0.0009%0.002206%
Currency Options0.04% (on premium)NSE: 0.05515% (₹5515/Crore)
Commodity0.0005%

Stoxkart or SBICAP Securities Exposure Margin

StoxkartSBICAP Securities
Equity Delivery2x with Interest
Equity IntradayUp to 25xUp to 5X
Equity FuturesUp to 2.5xNil
Equity OptionsUp to 7xNil
Currency FuturesUp to 2.5xNil
Currency OptionsUp to 2xNil
Commodity FuturesUp to 2.5xNA
Commodity Options

Also Read: Stoxkart Margin Calculator

Stoxkart VS SBICAP Securities Feature Comparison


StoxkartSBICAP Securities
3 in 1 AccountNoYes
ChartingYesNo
SMS AlertsYesYes
Online DemoNoYes
Online PortfolioYesYes
Margin Trading Funding Available
No
Trading PlatformStoxkart DesktopSBI Smart Express,
SBI Smart Web,
SBI Smart Mobile
Overall Review3.2 /52.6 / 5 

Stoxkart VS SBICAP Securities Investment Options

StoxkartSBICAP Securities
Stock / EquityYesYes
CommodityYesNo
CurrencyYesYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoYes
Bond / NCDNoYes
DebtNoYes
Other Investment Options

Stoxkart or SBICAP Securities Research Report

StoxkartSBICAP Securities
Daily Market ReportYes
Free TipsYesYes
Quarterly Result AnalysisNoYes
News AlertsNoYes

Stoxkart VS SBICAP Securities for Investor Type

StoxkartSBICAP Securities
Casual InvestorYes
Active InvestorYes
TraderYes
open sbi demat account

Stoxkart VS SBICAP Securities Risks & Benefits 

StoxkartSBICAP Securities
BenefitsBrokerage fees to be paid only if you earn.
Research reports are detailed.
High intraday exposure.
3 in 1 account available.Online as well offline services available through branches.Huge range of investment options.Research reports free.
RisksTrading platforms need working on.
Quite high account opening charges.3 in 1 account not available.
Brokerage is very high.Trading in Commodities unavailable.
Stoxkart Account Opening

Final words

Thus, we here have provided a detailed analysis of the policies, services and finances of the two stock broking firms: Stoxkart and SBICAP Securities. 

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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 SBICAP Securities, hope you make some easy money and huge profits.

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