Stoxkart Charges & Brokerage Review 2026
Stoxkart Charges & Brokerage Review 2025
Complete breakdown of all joining fees, brokerage fees, hidden charges, and transaction costs
Stoxkart is a discount broker that offers transparent and competitive brokerage charges designed to suit both beginners and active traders. Their fee structure emphasizes zero account opening charges and flat brokerage rates, making trading straightforward and cost-effective. With a high Google Play rating of 4.9/5 and over 3.5 lakh active traders, Stoxkart stands out for its clarity in charges and wide range of services. Their approach focuses on affordability without compromising on technology or support, making them a popular choice among Indian investors seeking value for money.
Charges Overview
Stoxkart’s overall charge structure is built around the idea of transparency and affordability. As a discount broker, they adopt a flat fee model for most segments, including equity delivery and intraday, which appeals to a broad spectrum of traders. Their brokerage philosophy is centered on eliminating hidden costs, ensuring investors know exactly what they pay for each trade. Compared to traditional brokers that charge percentage-based fees, Stoxkart’s flat rates make it easier for traders to plan their costs and maximize profits. Their focus on competitive rates and free account opening makes them attractive for both new and experienced traders looking to minimize trading expenses.
Account Opening
One-time account opening fee for individual investors
Annual Maintenance
Quarterly AMC for Demat accounts; approx. ₹300 + GST annually
Equity Delivery
Brokerage for equity delivery trades is completely free
Brokerage Plans & Subscriptions
Stoxkart offers flexible brokerage plans tailored for different trading needs. Their core offering is a flat brokerage fee, which applies to both intraday and delivery trades. The SmartTrader Plan charges ₹0 per intraday order, making it ideal for high-frequency traders who prefer a pay-per-trade model. The Regular Plan charges a flat ₹20 per order for intraday trading, providing transparency for traders with moderate trading volume. For options, futures, commodities, and currency trades, the brokerage rate is uniformly flat at ₹20 per executed order, regardless of trade size, promoting cost predictability. They also offer API access via Superr API, which is free, enabling traders to automate their strategies easily. Subscribers can choose plans based on their trading volume and frequency, with no hidden fees or extra charges, making Stoxkart a cost-effective choice for active traders in India.
| Plan Name | Brokerage | Additional Notes |
|---|---|---|
| SmartTrader | ₹0 per intraday order | Ideal for high-frequency traders |
| Regular Plan | ₹20 per intraday order | Flat fee, suitable for moderate traders |
Stoxkart’s brokerage plans focus on simplicity and transparency, offering flat fees that help traders control costs without surprises. Their flexible plans cater to different trading styles, ensuring investors only pay for what they trade, making it easier to manage expenses and plan strategies effectively.
Account Opening Charges
Opening an account with Stoxkart is a quick and straightforward process. They offer free online account opening, including e-KYC verification via Aadhaar, which takes just a few minutes. Required documents include PAN, ID proof, address proof, bank proof, income proof (for F&O), photographs, signatures, and IPV. This digital onboarding process makes it easy for new investors to start trading without any initial charges or lengthy procedures. Compared to other brokers that charge account opening fees, Stoxkart’s zero-cost approach makes it highly attractive for beginners and cost-conscious traders seeking a hassle-free start to their trading journey.
| Charge Type | Amount | Description |
|---|---|---|
| Individual Account | ₹0 | One-time fee for individual investors |
| Demat Account | ₹0 | Free Demat account opening |
Brokerage Structure
Stoxkart follows a discount brokerage model based on flat-fee charges, providing simplicity and affordability. Their primary focus is on offering transparent, fixed brokerage rates across various segments, including equity, derivatives, commodities, and currency trading. For equity delivery, brokerage is completely free, which is a significant advantage for long-term investors. Intraday trades are charged at either ₹0 (SmartTrader Plan) or ₹20 per order (Regular Plan). For derivatives such as futures and options, the brokerage remains flat at ₹20 per order, which is competitive in the industry. This flat fee approach removes the complexity of percentage-based charges, enabling traders to easily calculate their costs and optimize their trading strategies. Overall, Stoxkart’s brokerage structure is designed to be straightforward, transparent, and cost-effective, appealing to a wide range of Indian investors.
Equity Trading Charges
| Segment | Brokerage | Max Cap |
|---|---|---|
| Equity Delivery | ₹0 | N/A |
| Equity Intraday | ₹0 (SmartTrader Plan) or ₹20 (Regular Plan) | ₹20 per order |
Stoxkart offers zero brokerage for equity delivery and flat ₹20 per intraday order under the regular plan, making it highly competitive for traders looking for transparency and low costs.
Derivatives Trading Charges
| Segment | Brokerage | Max Cap |
|---|---|---|
| Equity Futures | ₹20 per order | N/A |
| Equity Options | ₹20 per order | N/A |
Flat ₹20 per order for derivatives trades ensures predictable costs, suitable for both active and casual traders seeking consistent fee structure.
Commodities Trading Charges
| Segment | Brokerage | Max Cap |
|---|---|---|
| Commodity Futures | ₹20 per order | N/A |
| Commodity Options | ₹20 per order | N/A |
Brokerage for commodities is flat at ₹20 per order, making it attractive for traders dealing in commodities who prefer simple and transparent charges.
Currency Trading Charges
| Segment | Brokerage | Max Cap |
|---|---|---|
| Currency Futures | ₹20 per order | N/A |
| Currency Options | ₹20 per order | N/A |
Currency trading charges are fixed at ₹20 per order across futures and options, offering traders clarity and cost predictability in forex segments.
Complete Breakdown: Government & Regulatory Charges
Stoxkart maintains transparency in its fee disclosures, clearly outlining all regulatory and government charges involved in trading. Transaction charges, such as exchange transaction fees, are directly levied by the exchanges and vary by segment—like NSE or BSE. Securities Transaction Tax (STT) is applied on delivery and intraday trades, with rates aligned to government regulations. Stamp duty charges differ across states and are payable at the time of trade settlement. SEBI charges and GST on brokerage are also included, ensuring investors understand their total trading costs. The platform emphasizes clarity, with all charges detailed upfront, so traders can plan their trades without surprises. This approach helps build trust and confidence among users, especially those new to trading, who seek transparency in their expense breakdowns. Overall, Stoxkart’s fee structure adheres to regulatory standards and prioritizes transparency for all investors.
📋 Transaction Charges
- Exchange Transaction Charges: Varied by segment (e.g., NSE 0.00307%, BSE 0.00375%)
- STT (Securities Transaction Tax): Applied as per government rates
- Stamp Duty: State-specific, payable at trade settlement
🏛️ Regulatory Charges
- SEBI Charges: Applicable as per regulations
- GST on Brokerage: 18% on brokerage + transaction charges + SEBI fee
- DP Charges: ₹15 + GST per sell scrip
Sample Cost Calculation
For a typical intraday trade of 10 shares at ₹100 each, with a brokerage of ₹20, exchange transaction charges, STT, GST, and stamp duty, the total cost could be around ₹25-₹30, depending on the segment and applicable taxes. If you buy and sell within the same day, the total expenses remain predictable due to flat brokerage charges. This transparency helps traders plan their trades efficiently, avoiding unexpected costs and making informed decisions based on clear fee structures.
Additional Services & Charges
Stoxkart offers several value-added services to enhance the trading experience. Their research services include free basic calls and paid subscriptions for advanced analysis, such as Autotrender and Techno Funda. API access via Superr API allows traders to automate their strategies, with no additional charges, facilitating seamless algorithmic trading. Margin funding is available at an interest rate of 18% per annum, enabling traders to leverage their positions effectively. The platform also provides alerts on news and price movements, helping traders stay updated. These services come at reasonable or no extra cost, making Stoxkart a comprehensive platform for traders who want both affordability and advanced features. Their focus on technology and support ensures traders can optimize their strategies without significant additional expenses.
💰 Margin Funding
Interest Rate: 18% p.a.
Margin funding facilities help traders leverage their trades with competitive interest rates, enhancing trading flexibility without heavy costs.
📊 Research Services
Charges: Free basic calls; paid subscriptions for advanced research tools like Autotrender and Techno Funda.
Access to expert analysis and market insights to support trading decisions.
🔌 API Access
Charges: Free via Superr API
Enable automation and algorithmic trading with easy API integration, tailored for tech-savvy traders.
NRI Services & Charges
Stoxkart provides dedicated services for NRI clients, including account opening via online process with e-KYC. NRI accounts can be NRE or NRO, with seamless digital onboarding. Repatriation charges are minimal, and the platform supports fund transfer and trading in multiple segments. The initial account setup is free, with annual maintenance charges around ₹975 + GST for individual NRIs. Repatriation charges are applicable as per regulations, and the platform ensures compliance with NRI trading norms. Their focus on transparency and ease of onboarding makes them suitable for NRIs looking for cost-effective trading solutions in India.
| Service | Charges | Details |
|---|---|---|
| Account Opening | ₹0 | One-time NRI account setup |
| Annual Maintenance | ₹975 + GST | Approx. ₹1,140 annually |
| Repatriation Charges | Data Not Found | Funds transfer fees as per regulations |
Funds Transfer & Withdrawal
Fund transfers are streamlined through UPI, net banking, and other digital methods. NEFT, RTGS, and IMPS are supported with minimal charges—usually free for UPI and ₹9+GST for net banking. Withdrawal processing times are generally quick, with same-day or next-day settlements depending on the method. Instant withdrawal options are available, but charges may apply. The platform’s focus on ease of transfer and transparency in charges makes fund management hassle-free for traders. Investors can expect smooth, cost-effective transactions, with clear disclosures about any applicable fees, ensuring they can trade confidently without hidden expenses.
🏦 Bank Transfers
- NEFT Charges: UPI Free, Netbanking ₹9+GST
- RTGS Charges: Data Not Found
- IMPS Charges: Data Not Found
⚡ Instant Withdrawal
Charges: Data Not Found
Processing Time: Usually same or next day
💳 Payment Gateway
Charges: ₹9+GST for netbanking, Free for UPI
Daily deposit limits depend on bank and platform policies
Trading Platforms & Technology
Stoxkart offers a user-friendly trading experience through multiple platforms. Their mobile app, available on the Play Store with a 4.9/5 rating, provides real-time quotes, advanced charting via TradingView, and quick order placement. The desktop trading application offers comprehensive features suitable for active traders, including real-time market depth and customizable dashboards. The web platform, Stoxkart Pro Web, allows browser-based trading with advanced charting tools and real-time alerts. Their technology infrastructure supports API trading through Superr API, enabling algorithmic and automated trading strategies. Overall, Stoxkart’s platform suite combines ease of use with powerful features, making it suitable for traders of all experience levels in India.
📱 Mobile App
Easy to navigate, fast execution, and advanced charting tools make their mobile app popular among Indian traders.
💻 Desktop Terminal
Suitable for traders who prefer desktop trading with comprehensive features and real-time data.
🌐 Web Platform
Accessible from any device, offering seamless trading experience with powerful tools.
Customer Support & Service
Stoxkart provides reliable customer support through multiple channels. Phone support is available from 9:00 AM to 8:00 PM on weekdays and 9:00 AM to 4:00 PM on Saturdays, with response times typically within a few rings. They also have a ticket-based support system via their portal for resolving issues efficiently. Email support is available, with prompt responses. Although live chat availability is limited, their comprehensive support system ensures traders get assistance when needed. The platform also offers support via email and phone, with dedicated helplines for account and trading-related queries. Overall, their support infrastructure is well-designed to address trader needs promptly and effectively, ensuring smooth trading experiences for Indian investors.
📞 Phone Support
Available: Yes
Response Time: Within a few minutes
💬 Live Chat
Available: Ticket system only
Response Time: Depends on ticket priority
📧 Email Support
Available: Yes
Response Time: Usually within 24 hours
🏢 Branch Support
Office Locations: Data Not Found
Personal Advisory: Not Available
Pros & Cons
✅ Advantages
- Flat brokerage rates for all segments, ensuring cost predictability.
- Zero account opening charges, making onboarding easy and free.
- High user ratings and active trader base reflect trust and satisfaction.
- Comprehensive platform options with advanced charting and API support.
- Transparent fee structure with no hidden charges, building trader confidence.
❌ Disadvantages
- Limited physical branch presence, which may affect in-person support.
- Repatriation charges and some NRI-specific fees are not detailed.
- Limited multilingual support information on platform
- Some advanced features might require paid subscriptions.
- Response times for support tickets can vary depending on issue complexity.
Editor’s Take
My experience with Stoxkart’s fee structure has been quite positive. Their transparent flat-rate charges eliminate surprises, which is a major plus for traders who want clarity in costs. Their zero account opening fee and flat brokerage rates make trading affordable, especially for beginners and frequent traders alike. Compared to traditional brokers with percentage-based fees, Stoxkart’s approach is straightforward, helping traders plan and execute strategies without worrying about hidden costs. The platform’s high rating and active user base suggest that their fee structure is well-received in the Indian market. Their focus on affordability without sacrificing technology or support makes them a strong choice for cost-conscious investors and active traders who value transparency and simplicity. Overall, their pricing strategy aligns well with their brand promise of providing value for money, and I believe many traders will find their fee model beneficial for long-term trading success.
The Verdict
Stoxkart offers a highly competitive fee structure that is suitable for a wide range of traders. Their flat brokerage rates and zero account opening charges make them appealing for beginners, casual investors, and active traders looking for predictable costs. The transparency in charges, combined with their technological support, ensures traders can trade confidently without hidden expenses. The platform’s focus on affordability and ease of use positions it as a strong contender among discount brokers in India. However, traders seeking extensive physical support or premium features might want to explore other options. Overall, for cost-conscious investors wanting straightforward pricing and reliable technology, Stoxkart is an excellent choice. Their fee model encourages frequent trading and long-term investing alike, making them a valuable partner in the Indian stock market. For more detailed comparisons, check our review of other brokers’ fee structures.
How Stoxkart Compares
Compared to industry averages, Stoxkart’s charges are among the most competitive in India. Their zero brokerage for delivery trades and flat ₹20 for derivatives and commodities are significantly lower than traditional brokers that charge percentage-based fees. When looking at account opening and annual maintenance, their zero-cost approach provides a clear advantage. While some brokers may offer lower or similar rates, Stoxkart’s transparency and comprehensive platform features make them stand out. Active traders benefit from predictable costs, and new investors appreciate the simplicity of flat-rate charges. Overall, their pricing strategy aligns well with the current trend of discount brokers providing value-driven services, making them a preferred choice for many Indian traders seeking affordability and clarity in trading costs.
