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.
Let’s now have a detailed look at both of them.
Also Read: TradePlus Online FAQs
Overview
| Stoxkart | Trade Plus Online | |
| Logo |  |  |
| Website URL | www.stoxkart.com | www.tradeplusonline.com |
| About the broker | 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’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 Broker | Discount Broker | Discount Broker |
| Supported Exchange | NSE, BSE, MCX | NSE, BSE, MCX |
| Year of Incorporation | 2019 | 1995 |
| Number of Branches | 2 branches & 12 partner offices | 300 |
Stoxkart & Trade Plus Online Charges
| Stoxkart | Trade 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? | No | No |
Stoxkart VS Trade Plus Online Brokerage
Brokerage Plan 1
| Stoxkart Brokerage | Trade Plus Online Brokerage | |
| Account Type | Single Plan | General Brokerage Plan |
| Equity Delivery Brokerage | ₹0 | ₹0 (Free) |
| Equity Intraday Brokerage | ₹15 per executed trade | 0.01% |
| Equity Futures Brokerage | ₹30 per executed trade | 0.01% |
| 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 trade | 0.01% |
| Commodity Options Trading Brokerage | ₹30 per executed trade | |
| Special Offer |
Brokerage Plan 2
| Stoxkart | Trade Plus Online | |
| Account Type | Single Plan | Infinite Trading Plans |
| Equity Delivery Brokerage | ₹0 | ₹0 (Free) |
| Equity Intraday Brokerage | ₹15 per executed trade | 0.01% |
| 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
| Stoxkart | Trade Plus Online | |
| Minimum Brokerage Charges | ₹0 | |
| Other Brokerage Charges | ₹0 | SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month. |
| Call & Trade Charges | ₹20 per executed trade | Flat ₹75 per day. |
Taxes & other Government Charges
| Stoxkart | Trade Plus Online | |
| Securities Transaction Tax (STT) | 0.0126% of total turnover | Equity 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 charges | 18% on brokerage + transaction charges |
| Stamp Duty | As per the Client’s state of correspondence. | As per the Client’s state of correspondence. |
Stoxkart & Trade Plus Online Transaction Charges
| Stoxkart | Trade Plus Online | |
| Equity Delivery | 0.00325% | 0.0033% |
| Equity Intraday | 0.00325% | 0.0033% |
| Equity Futures | 0.0019% | 0.0035% |
| Equity Options | 0.05% | 0.075% (on premium) |
| Currency Futures | 0.0009% | 0.00165% |
| Currency Options | 0.04% (on premium) | 0.06% (on premium) |
| Commodity | 0.0005% | 0.004% |
Stoxkart or Trade Plus Online Exposure Margin
| Stoxkart | Trade Plus Online | |
| Equity Delivery | Up to 4X | |
| Equity Intraday | Up to 25x | Up to 33X |
| Equity Futures | Up to 2.5x | Intraday leverage 2X | Cover Order Margin 3% |
| Equity Options | Up to 7x | Intraday Leverage of 2X |
| Currency Futures | Up to 2.5x | Intraday Leverage of 2X |
| Currency Options | Up to 2x | 1X |
| Commodity Futures | Up to 2.5x | Intraday Leverage of 2X |
| Commodity Options |
Also Read: Tradeplus Margin Calculator Online
Stoxkart VS Trade Plus Online Feature Comparison
| Stoxkart | Trade Plus Online | |
| 3 in 1 Account | No | No |
| Charting | Yes | Yes |
| SMS Alerts | Yes | Yes |
| Online Demo | No | Yes |
| Online Portfolio | Yes | Yes |
| Margin Trading Funding Available | Yes | |
| Trading Platform | Stoxkart Desktop | INFINI, NSE NOW |
| Overall Review | 3.2 /5 | 3.2 / 5 |
Stoxkart VS Trade Plus Online Investment Options
| Stoxkart | Trade Plus Online | |
| Stock / Equity | Yes | Yes |
| Commodity | Yes | Yes |
| Currency | Yes | Yes |
| Initial Public Offers (IPO) | No | No |
| Mutual Funds | No | Yes |
| Bond / NCD | No | Yes |
| Debt | No | No |
| Other Investment Options |
Stoxkart or Trade Plus Online Research Report
| Stoxkart | Trade Plus Online | |
| Daily Market Report | No | |
| Free Tips | Yes | No |
| Quarterly Result Analysis | No | No |
| News Alerts | No | No |
Stoxkart VS Trade Plus Online for Investor Type
| Stoxkart | Trade Plus Online | |
| Casual Investor | ||
| Active Investor | Yes | Yes |
| Trader | Yes | Yes |
Stoxkart VS Trade Plus Online Risks & Benefits
| Stoxkart | Trade Plus Online | |
| Benefits | Brokerage 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. |
| Risks | Trading 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. |
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.
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.
