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Stoxkart Vs Trade Smart Online: Face To Face Comparison Of Two Discount Broker

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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.

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

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.

Stoxkart Vs Trade Smart Online Comparison

Overview

StoxkartTrade Smart Online
Logostoxkart brokeragetrade smart online
Website URLwww.stoxkart.comwww.tradesmartonline.in
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.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 BrokerDiscount BrokerDiscount Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE, MCX 
Year of Incorporation20191994
Number of Branches2 branches & 12 partner offices1

Stoxkart VS Trade Smart Online Charges

StoxkartTrade 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?NoNo

Stoxkart VS Trade Smart Online Brokerage

Brokerage Plan 1

Stoxkart BrokerageTrade Smart Online Brokerage
Account TypeSingle PlanPower 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

StoxkartTrade Smart Online
Account TypeSingle PlanValue Plan
Equity Delivery Brokerage₹00.007%
Equity Intraday Brokerage₹15 per executed trade0.007%
Equity Futures Brokerage₹30 per executed trade0.007%
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 trade0.007%
Commodity Options Trading Brokerage₹30 per executed trade₹7 Per Lot
Special Offer

Other Charges

StoxkartTrade Smart Online
Minimum Brokerage Charges₹0₹15 per executed order.
Other Brokerage Charges₹0Intraday 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

StoxkartTrade Smart 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 correspondenceAs per the Client’s state of correspondence

Also Read: Stoxkart Vs Master Trust Comparison

Related Post:   Stoxkart Vs IIFL: A Generalized Comparison Between The Discount Stock Brokerage Services

Stoxkart VS Trade Smart Online Transaction Charges

StoxkartTrade Smart Online
Equity Delivery0.00325%0.0035%
Equity Intraday0.00325%0.0035%
Equity Futures0.0019%0.0024%
Equity Options0.05%0.0715%
Currency Futures0.0009%0.00165%
Currency Options0.04% (on premium)0.06%
Commodity0.0005%0.0039%

Stoxkart VS Trade Smart Online Exposure Margin

StoxkartTrade Smart Online
Equity Delivery1x (no margin)
Equity IntradayUp to 25x30x trading margin
Equity FuturesUp to 2.5xMIS: 3X | BO: 7X | CO: 7X
Equity OptionsUp to 7xMIS: 3X | BO: 7X | CO: 7X
Currency FuturesUp to 2.5xMIS: 3X | BO: 7X | CO: 7X
Currency OptionsUp to 2xMIS: 3X | BO: 7X | CO: 7X
Commodity FuturesUp to 2.5xMIS: 3X | BO: 7X | CO: 7X
Commodity OptionsMIS: NA | BO: NA | CO: NA

Also Read: Trade Smart Online Margin Calculator

Stoxkart VS Trade Smart Online Feature Comparison

StoxkartTrade Smart Online
3 in 1 AccountNoNo
ChartingYesYes
SMS AlertsYesNo
Online DemoNoYes
Online PortfolioYesNo
Margin Trading Funding AvailableNo
Trading PlatformStoxkart DesktopNEST, NOW, Spin
Overall Review3.2 /54.1 / 5 

Stoxkart VS Trade Smart Online Investment Options

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

Stoxkart VS Trade Smart Online Research Report

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

Stoxkart VS Trade Smart Online for Investor Type

StoxkartTrade Smart Online
Casual Investor
Active InvestorYesYes
TraderYesYes
open trade smart demat account

Stoxkart VS Trade Smart Online Risks & Benefits  

StoxkartTrade Smart Online
BenefitsPay 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.
ConsNot 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.
open stoxkart demat acc

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.

Related Post:   Stoxkart Vs Swastika Investmart - A General Comparison Between The Stock Broking Services

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.

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