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Stoxkart Vs Sharekhan: Comparing The Two Leading Stock Brokerage Services

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Stoxkart Vs Sharekhan Comparison:

Stoxkart

Stoxkart is a Delhi based discount brokerage firm, and is a part of the SMC group, providing consultancy and a stable trading site offering services in investment, mutual funds, depository services and banking. 

It has one of the largest Indian client bases. User friendly interface and good, experienced communication system makes it cutting edge. Stoxkart Classic and Stoxkart Pro are two apps of this firm to aid in online trading.

Sharekhan

Sharekhan is the 3rd largest stock broking services in India, only after ICICI direct and HDFC. It was initially started in the year 2000, and got immense popularity within this short span of time. It has offices in more than 500 cities across the country, and exposure to international market in UAE and Oman.

It has a very high active client base, and its web portal Sharekhan.com is the one-way platform to all services.

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

Overview


StoxkartSharekhan
Logostoxkart brokeragesharekhan
Website URLwww.stoxkart.comwww.sharekhan.com
About the brokerStoxkart is a Delhi based discount brokerage firm, and is a part of the SMC group, providing consultancy and a stable trading site offering services in investment, mutual funds, depository services and banking.Sharekhan is the 3rd largest stock broking services in India, only after ICICI direct and HDFC. It was initially started in the year 2000, and got immense popularity within this short span of time.
Type of BrokerDiscount BrokerFull-Service Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE, MCX 
Year of Incorporation20192000
Number of Branches2 branches & 12 partner offices2800
Stoxkart Vs Sharekhan Review

Stoxkart Vs Sharekhan Charges

StoxkartSharekhan
Trading Account Opening Fees₹500₹0 (Free)
Trading Account AMC₹300₹0 (Free)
Demat Account Opening Fees₹354₹0 (Free)
Demat Account AMC₹300₹400 (Free for 1st year)
Demat Account is Mandatory?NoNo

Stoxkart VS Sharekhan Brokerage

Brokerage Plans


Stoxkart BrokerageSharekhan BrokerageSharekhanSharekhan
Account TypeSingle PlanClassic AccountPrepaid-₹1 LakhMargin- ₹1 Lakh
Fixed Charges

₹1,00,000 per year₹1,00,000 margin
Equity Delivery Brokerage₹00.50%0.10%0.25%
Equity Intraday Brokerage₹15 per executed trade0.10%0.015%0.05%
Equity Futures Brokerage₹30 per executed trade0.10%0.015%0.05%
Equity Options Brokerage₹30 per executed trade₹50 per lot0.05% or ₹63 per lot1% or ₹70 per lot
Currency Options Trading Brokerage₹30 per executed trade₹30 per lot

Commodity Futures Trading Brokerage₹30 per executed trade0.03%

Commodity Options Trading Brokerage₹30 per executed trade0.03%

Special Offer

Other Charges

StoxkartSharekhan
Minimum Brokerage Charges₹0Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
Other Brokerage Charges₹0
Call & Trade Charges₹20 per executed trade₹20

Taxes & other Government Charges

StoxkartSharekhan
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 ICICI Direct: In Detail Comparison

Related Post:   Analysis Of Zerodha Vs Stoxkart With Detailed Comparison

Stoxkart & Sharekhan Transaction Charges

StoxkartSharekhan
Equity Delivery0.00325%NSE ₹325 per Cr (0.00325%) |
BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday0.00325%NSE ₹325 per Cr (0.00325%) |
BSE ₹275 per Cr (0.00275%) (each side) %
Equity Futures0.0019%NSE ₹190 per Cr (0.0019%) |
BSE ₹50 per Cr (0.00035) (each side)
Equity Options0.05%NSE ₹5000 per Cr (0.05%) |
BSE ₹50 per Cr (0.0005%) (on premium)
Currency Futures0.0009%NSE ₹135 per Cr (0.00135%) |
MCX ₹130 per Cr (0.00130%)
Currency Options0.04% (on premium)NSE ₹4220 per Cr (0.04220%) |
MCX ₹3220 per Cr (0.03220%) (on premium)
Commodity0.0005%MCX (Non-Agri) ₹230 per Cr (0.0023%) |
MCX (Agri) ₹95 per Cr (0.00095%)

Stoxkart or Sharekhan Exposure Margin

StoxkartSharekhan
Equity DeliveryUp to 5x with 24% interest per year
Equity IntradayUp to 25xUp to 10x
Equity FuturesUp to 2.5x2x for Intraday
Equity OptionsUp to 7xNIL
Currency FuturesUp to 2.5xNIL
Currency OptionsUp to 2xNIL
Commodity FuturesUp to 2.5xUp to 2x for Intraday
Commodity Options

Also Read: ShareKhan Margin Calculator Online

Stoxkart VS Sharekhan Feature Comparison

StoxkartSharekhan
3 in 1 AccountNoNo
ChartingYesYes
SMS AlertsYesYes
Online DemoNoYes
Online PortfolioYesYes
Margin Trading Funding AvailableYes
Trading PlatformStoxkart DesktopTradeTiger,
Sharekhan Mobile
Overall Review3.2 /53.3 / 5 

Stoxkart VS Sharekhan Investment Options

StoxkartSharekhan
Stock / EquityYesYes
CommodityYesYes
CurrencyYesYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoYes
Bond / NCDNoYes
DebtNoYes
Other Investment Options

Stoxkart or Sharekhan Research Report

StoxkartSharekhan
Daily Market ReportYes
Free TipsYesYes
Quarterly Result AnalysisNoYes
News AlertsNoYes
open sharekhan demat account

Stoxkart VS Sharekhan for Investor Type

StoxkartSharekhan
Casual Investor
Active InvestorYesYes
TraderYesYes

Stoxkart VS Sharekhan Risks & Benefits  

StoxkartSharekhan
BenefitsPay only when you earn.
Research reports in-depth.
High intraday exposure.
Strong and wide network.Free fund transfers.Trading platform popular.
Availability of Stock SIP.
RisksTrading platforms need advancements.
Costly account opening charges.3 in 1 account not available.
3 in 1 account not available.High brokerage charges.
open stoxkart demat account

Final words

Every stock broker firm has some benefits and some shortcomings. As the money is yours, don’t be so fast on relying in these firms, whether it be Stoxkart Or Sharekhan. 

Related Post:   Stoxkart Vs HDFC Securities: Side By Side Comparison Of The Two Big Broker In Indian Share Market

Invest in these firms only after you know about the benefits and the risks of these fields. Stoxkart Vs Sharekhan, whatever be the answer to your investment, choose wisely and get super returns.

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