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Stoxkart Vs Trade Plus Online: A Comparison Between The Leading Stock Broking Services

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Stoxkart VS Trade Plus Online Comparison:

Stoxkart

Stoxkart, one of the giants in the Indian stock broking scenario, was initially started in the Delhi region and aims to provide services to its clients by the help of branches and sub-brokers across the country.

It has a huge client base and its popularity is unparalleled. It has provided two apps by the name of Stoxkart Classic and Stoxkart Pro available both in android and iOS devices.

It has a platform named Stoxmf, which provides assistance in mutual fund investments.

Trade plus Online

It’s a part of the Navia Market’s Ltd, which initially started in the year 1983 and was relaunched again in the year 2014. It is a member of NSE from the year 1994.

It provides stock, currency, commodities and derivatives services to its clients at a very low price. Their interface is quite robust and they also provide the clients with a user-friendly mobile app to guide services.

It is quite backward in terms of client no. as it sums up only to about 9000 altogether. It also offers NSE NOW.

Related Post:   Stoxkart Vs ICICI Direct: A Comparison Between The Leading Stock Broking Services In The Indian Scenario

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

Also Read: TradePlus Online FAQs

Overview

StoxkartTrade Plus Online
Logostoxkart brokeragetradeplus
Website URLwww.stoxkart.comwww.tradeplusonline.com
About the brokerStoxkart, one of the giants in the Indian stock broking scenario, was initially started in the Delhi region and aims to provide services to its clients by the help of branches and sub-brokers across the country.It’s a part of the Navia Market’s Ltd, which initially started in the year 1983 and was relaunched again in the year 2014. It is a member of NSE from the year 1994.It provides stock, currency, commodities and derivatives services to its clients at a very low price.
Type of BrokerDiscount BrokerDiscount Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE, MCX 
Year of Incorporation20191995
Number of Branches2 branches & 12 partner offices300
Stoxkart Vs Trade plus Online Review

Stoxkart & Trade Plus Online Charges

StoxkartTrade Plus Online
Trading Account Opening Fees₹500₹200 (one time)
Trading Account AMC₹300₹499 (for 5 years)
Demat Account Opening Fees₹354₹0
Demat Account AMC₹300₹500 (5 years)
Demat Account is Mandatory?NoNo

Stoxkart VS Trade Plus Online Brokerage

Brokerage Plan 1

Stoxkart BrokerageTrade Plus Online Brokerage
Account TypeSingle PlanGeneral Brokerage Plan
Equity Delivery Brokerage₹0₹0 (Free)
Equity Intraday Brokerage₹15 per executed trade0.01%
Equity Futures Brokerage₹30 per executed trade0.01%
Equity Options Brokerage₹30 per executed trade₹60 per lot
Currency Options Trading Brokerage₹30 per executed trade₹60 per lot
Commodity Futures Trading Brokerage₹30 per executed trade0.01%
Commodity Options Trading Brokerage₹30 per executed trade
Special Offer

Brokerage Plan 2

StoxkartTrade Plus Online
Account TypeSingle PlanInfinite Trading Plans
Equity Delivery Brokerage₹0₹0 (Free)
Equity Intraday Brokerage₹15 per executed trade0.01%
Equity Futures Brokerage₹30 per executed trade₹799 per month (unlimited trading)
Equity Options Brokerage₹30 per executed trade₹99 per month (unlimited trading)
Currency Options Trading Brokerage₹30 per executed trade₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage₹30 per executed trade₹99 per month (unlimited trading)
Commodity Options Trading Brokerage₹30 per executed trade₹7 Per Lot
Special Offer
Brokerage Free equity delivery trading and ₹9 intranet and F&O trade brokerage.

Other Charges

StoxkartTrade Plus Online
Minimum Brokerage Charges₹0
Other Brokerage Charges₹0SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month.
Call & Trade Charges₹20 per executed tradeFlat ₹75 per day.

Taxes & other Government Charges

StoxkartTrade Plus Online
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 & Trade Plus Online Transaction Charges

StoxkartTrade Plus Online
Equity Delivery0.00325%0.0033%
Equity Intraday0.00325%0.0033%
Equity Futures0.0019%0.0035%
Equity Options0.05%0.075% (on premium)
Currency Futures0.0009%0.00165%
Currency Options0.04% (on premium)0.06% (on premium)
Commodity0.0005%0.004%

Stoxkart or Trade Plus Online Exposure Margin

StoxkartTrade Plus Online
Equity DeliveryUp to 4X
Equity IntradayUp to 25xUp to 33X
Equity FuturesUp to 2.5xIntraday leverage 2X | Cover Order Margin 3%
Equity OptionsUp to 7xIntraday Leverage of 2X
Currency FuturesUp to 2.5xIntraday Leverage of 2X
Currency OptionsUp to 2x1X
Commodity FuturesUp to 2.5xIntraday Leverage of 2X
Commodity Options

Also Read: Tradeplus Margin Calculator Online

Related Post:   Stoxkart Margin Calculator

Stoxkart VS Trade Plus Online Feature Comparison

StoxkartTrade Plus Online
3 in 1 AccountNoNo
ChartingYesYes
SMS AlertsYesYes
Online DemoNoYes
Online PortfolioYesYes
Margin Trading Funding AvailableYes
Trading PlatformStoxkart DesktopINFINI, NSE NOW
Overall Review3.2 /53.2 / 5 

Stoxkart VS Trade Plus Online Investment Options

StoxkartTrade Plus Online
Stock / EquityYesYes
CommodityYesYes
CurrencyYesYes
Initial Public Offers (IPO)NoNo
Mutual FundsNoYes
Bond / NCDNoYes
DebtNoNo
Other Investment Options

Stoxkart or Trade Plus Online Research Report

StoxkartTrade Plus Online
Daily Market ReportNo
Free TipsYesNo
Quarterly Result AnalysisNoNo
News AlertsNoNo

Stoxkart VS Trade Plus Online for Investor Type

StoxkartTrade Plus Online
Casual Investor
Active InvestorYesYes
TraderYesYes
open tradeplus demat account

Stoxkart VS Trade Plus Online Risks & Benefits  

StoxkartTrade Plus Online
BenefitsBrokerage fees payable only if you earn.
Research reports in-detail.
Awesome intraday exposure.
No brokerage fees in equity delivery segment.Call and trade are unlimited.Trading platform well designed.
Lower AMC.
RisksTrading platforms need working on.
Quite high account opening charges.3 in 1 account not available.
3 in 1 account not available.Demat account is chargeable.Extra fee is charged for trading software.
open stoxkart demat account

Final words

Thus, this article was aimed to help our readers distinguish between the two stock market giants, stoxkart Vs Trade Plus Online.

We have tried to clear out all the risks, pros and cons, policies and risks if these two companies but still it would be recommended to know more about them before investing.

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

We hope that you know the risks of the share market, so always be aware of the danger and except that, make some easy cash.

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