Stoxkart VS Trade Smart Online 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.
Trade Smart Online
This Company is a part of the VNS finance and Capital Services limited, initially started in the year 1994. It provides services in currency, commodities and Indian Stock Market at low prices.
Account opening is absolutely free and account maintenance charges are very low. A group of experts are always online to tell you about the rules of the market.
It provides depository services in CSDL, NSE cash BSE cash and MCX commodities also.
Let’s now have a detailed look at both of them.
Overview
| Stoxkart | Trade Smart Online | |
| Logo |  |  |
| Website URL | www.stoxkart.com | www.tradesmartonline.in |
| About the broker | 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. | This Company is a part of the VNS finance and Capital Services limited, initially started in the year 1994. It provides services in currency, commodities and Indian Stock Market at low prices. |
| Type of Broker | Discount Broker | Discount Broker |
| Supported Exchange | NSE, BSE, MCX | NSE, BSE, MCX |
| Year of Incorporation | 2019 | 1994 |
| Number of Branches | 2 branches & 12 partner offices | 1 |
Stoxkart VS Trade Smart Online Charges
| Stoxkart | Trade Smart Online | |
| Trading Account Opening Fees | ₹500 | ₹200 |
| Trading Account AMC | ₹300 | ₹0 |
| Demat Account Opening Fees | ₹354 | ₹200 |
| Demat Account AMC | ₹300 | ₹300 |
| Demat Account is Mandatory? | No | No |
Stoxkart VS Trade Smart Online Brokerage
Brokerage Plan 1
| Stoxkart Brokerage | Trade Smart Online Brokerage | |
| Account Type | Single Plan | Power Plan (₹15/Order) |
| Equity Delivery Brokerage | ₹0 | ₹15 per executed order |
| Equity Intraday Brokerage | ₹15 per executed trade | ₹15 per executed order |
| Equity Futures Brokerage | ₹30 per executed trade | ₹15 per executed order |
| Equity Options Brokerage | ₹30 per executed trade | ₹15 per executed order |
| Currency Options Trading Brokerage | ₹30 per executed trade | ₹15 per executed order |
| Commodity Futures Trading Brokerage | ₹30 per executed trade | ₹15 per executed order |
| Commodity Options Trading Brokerage | ₹30 per executed trade | ₹15 per executed order |
| Special Offer | FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. |
Brokerage Plan 2
| Stoxkart | Trade Smart Online | |
| Account Type | Single Plan | Value Plan |
| Equity Delivery Brokerage | ₹0 | 0.007% |
| Equity Intraday Brokerage | ₹15 per executed trade | 0.007% |
| Equity Futures Brokerage | ₹30 per executed trade | 0.007% |
| Equity Options Brokerage | ₹30 per executed trade | ₹7 Per Lot |
| Currency Options Trading Brokerage | ₹30 per executed trade | ₹7 Per Lot |
| Commodity Futures Trading Brokerage | ₹30 per executed trade | 0.007% |
| Commodity Options Trading Brokerage | ₹30 per executed trade | ₹7 Per Lot |
| Special Offer |
Other Charges
| Stoxkart | Trade Smart Online | |
| Minimum Brokerage Charges | ₹0 | ₹15 per executed order. |
| Other Brokerage Charges | ₹0 | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order. |
| Call & Trade Charges | ₹20 per executed trade | ₹20 per executed order. |
Taxes & other Government Charges
| Stoxkart | Trade Smart 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 |
Also Read: Stoxkart Vs Master Trust Comparison
Stoxkart VS Trade Smart Online Transaction Charges
| Stoxkart | Trade Smart Online | |
| Equity Delivery | 0.00325% | 0.0035% |
| Equity Intraday | 0.00325% | 0.0035% |
| Equity Futures | 0.0019% | 0.0024% |
| Equity Options | 0.05% | 0.0715% |
| Currency Futures | 0.0009% | 0.00165% |
| Currency Options | 0.04% (on premium) | 0.06% |
| Commodity | 0.0005% | 0.0039% |
Stoxkart VS Trade Smart Online Exposure Margin
| Stoxkart | Trade Smart Online | |
| Equity Delivery | 1x (no margin) | |
| Equity Intraday | Up to 25x | 30x trading margin |
| Equity Futures | Up to 2.5x | MIS: 3X | BO: 7X | CO: 7X |
| Equity Options | Up to 7x | MIS: 3X | BO: 7X | CO: 7X |
| Currency Futures | Up to 2.5x | MIS: 3X | BO: 7X | CO: 7X |
| Currency Options | Up to 2x | MIS: 3X | BO: 7X | CO: 7X |
| Commodity Futures | Up to 2.5x | MIS: 3X | BO: 7X | CO: 7X |
| Commodity Options | MIS: NA | BO: NA | CO: NA |
Also Read: Trade Smart Online Margin Calculator
Stoxkart VS Trade Smart Online Feature Comparison
| Stoxkart | Trade Smart Online | |
| 3 in 1 Account | No | No |
| Charting | Yes | Yes |
| SMS Alerts | Yes | No |
| Online Demo | No | Yes |
| Online Portfolio | Yes | No |
| Margin Trading Funding Available | No | |
| Trading Platform | Stoxkart Desktop | NEST, NOW, Spin |
| Overall Review | 3.2 /5 | 4.1 / 5 |
Stoxkart VS Trade Smart Online Investment Options
| Stoxkart | Trade Smart 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 VS Trade Smart Online Research Report
| Stoxkart | Trade Smart Online | |
| Daily Market Report | No | |
| Free Tips | Yes | No |
| Quarterly Result Analysis | No | No |
| News Alerts | No | No |
Stoxkart VS Trade Smart Online for Investor Type
| Stoxkart | Trade Smart Online | |
| Casual Investor | ||
| Active Investor | Yes | Yes |
| Trader | Yes | Yes |
Stoxkart VS Trade Smart Online Risks & Benefits
| Stoxkart | Trade Smart Online | |
| Benefits | Pay brokerage fees only when you earn. You get detailed research reports from SMC. Intraday exposure is huge. | The two plans suit every trading strategy and switching between the two is really easy.Awesome referral benefits are offered.No minimum amount needed to be maintained.Chatting with customer service available which is highly demanded by many customers. Transaction charges really low. |
| Cons | Not much updated trading platforms Account opening charges are high. Improvements required in trading platform UI. | 3 in 1 account not available.Intraday positions (MIS, CO & BO) chargeable at ₹20 per trader extra. |
Final words
Thus, we here have provided a detailed analysis of the policies, services and finances of the two stock broking firms: Stoxkart and Trade Smart Online.
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 are willing to take the chance.
Whatever be your pick, Stoxkart Vs Trade Smart Online, hope you make some easy money and huge profits.
