Stoxkart Brokerage Charges and Transaction Charges
Stoxkart is the constantly growing financial discount broker company. It aims at making trade smoother for Indian traders. It is part of SMC Group. It continuously grows itself with eliminating cost and technology advancement.
It is among the most reliable and famous online discount broker that offers flat-fee brokerage plan to the investors. Stoxkart charges zero on equity delivery trades and mutual fund investment. For all the other segments, it charges flat ₹15/- per executed order brokerage.
Stoxkart provides a unique feature as it charges the brokerage on Intraday trades only when a customer earns the profit out of it. This means if a customer trades and does not earn any profit then he is not charged with the brokerage amount. Remember that you will be required to pay all the taxes and other fees related to trades on both the conditions.
The maximum brokerage charged by the firm is ₹15/- per order across all the trading segments. In addition to brokerage a trader has to pay various other charges related to their trades.
Whenever you buy or sell any stock, a charge is executed by broker as a commission. This commission is generally known as Brokerage charge.
Stoxkart Brokerage Charges
A customer has to pay commission i.e. brokerage at the time of buying or selling stock through Stoxkart. The brokerage charges are explained in detail below.
Stoxkart charges the brokerage on Intraday trades only when a client earns profit. There is no brokerage amount charged if the customer suffer loss where as all other taxes related to the trade will be charged.
Yes, Stoxkart provides mutual fund services to NRIs. They can invest in mutual funds by using StoxMF website and the Stoxkart Invest Trading app. NRIs are allowed to invest in mutual funds only in Indian Currency.
The Mutual fund investment with Stoxkart is completely free. There is no brokerage, no AMC, no software charge and no hidden charges. The Stoxkart offers online Mutual Fund investment services by using the StoxMF platform.
In order to close the Stoxkart demat account, there is an account closure form present on the website. The customer is required to fill it and sign it before sending it to the registered address. It is closed through a formal process and is recommended to save on paying the annual maintenance charges of your account.
The customer has to submit copies of PAN Card, Aadhar Card, Address Proof, Cancelled Cheque and photographs while opening an account. If you wish to trade in derivatives then you will have to add income proof in the documents as well.
It charges a flat brokerage fee of Rs.15 per order on Intraday Trades. The brokerage will only be charged on trades when you earn a profit. There is no brokerage charged on the Intraday trade when you lose money.
It filters the stock from the live markets on the basis of volumes and indicators “What to buy” and “What to Sell”. It shows the “Bear” and “Bull” stock that helps the trader or investor to initiate or to avoid the stock in the market. It provides direction of the market and determines the strength of the trend.
It is a web-based software that can run on any internet platform. It is a research-based tool designed by SMC research team to guide traders or investors in the live market. It shows the strength of the trend.
Yes, Stoxkart provides an online IPO application services to Indian Customers Resident that use UPI as the payment gateway. The Stoxkart customers can apply for IPO online using the IPO application provided by Stoxkart.
An option is a type of security that can be bought or sold at a particular price within a specified time period, in exchange for a non-refundable upfront deposit. An options contract offers the buyer the right to buy, not the obligation to but at the particular price or date. Options are a type of derivative product.