Stoxkart account opening is fully online through Aadhar E-Sign. Currently, Stoxkart is backed by SMC Global Full-service Broker & one of the cheapest discount brokers among the stockbroker fraternity. Due to which it’s growing at a fast pace in India as most of the traders who use to trade in high volume are looking to open an account with stoxkart to save brokerage.
If you are also looking for a brokerage firm that provides good service, high margin & Advanced trading Platform at a low cost then you should consider opening an account with stoxkart.
Stoxkart charges zero brokerage on delivery trades & 15 rupees per executed Intraday trades regardless of the trade size. They come up with new concept of Pay brokerage only when you earn profit. They are .& growing at a fast pace in India.
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In this article, we are going to cover the step-by-step process to open your account with Stoxkart. Let’s Get Started.
Documents Required For Account Opening
As per SEBI, Only adults (18 years and over) can open a Demat account. You need to provide below mentioned documents to open an account with Stoxkart.
- Aadhar Card
- Image Of PAN Card
- Clear passport size photo
- Image Of Signature As Per PAN Card
- Bank Proof Cancelled Cheque Or Passbook Front Page
- Proof of Derivative (Optional)
Stoxkart Account Opening Charges
charges 500 rupees for Equity, Commodity & Currency account opening. Please make the payment by the desired medium. Note that payment is only allowed through Netbanking and UPI from the Bank account mapped to your DEMAT.
You can avail of free account opening with stoxkart just by enter a valid promo code for special schemes (if any). Currently, you can apply coupon code AOCFREE to get free account opening. If you choose to open an account online, you can apply promo code at the time of payment.
Online Account Opening Process
Just providing information in a few simple steps you will be able to open your Demat & Trading account with Stoxkart online.
Time Needed For applying account opening 15 minutes
Stoxkart Account Opening
First You need to Visit Stoxkart Website to Signup for Stoxkart Account Opening. You can directly visit Stoxkart Account Opening Landing Page by Clicking here.
PAN Card Details
You need to get started by verifying Your Pan Details Which is Required by SEBI.
Choose Your Scheme Preference & Make Payment
Please select the scheme you want to open an account in and read carefully the description given below for each scheme. In case of an account with margin Please enter the Bank account details and attach valid proofs for the same in the next step.
Fill Up Basic Details
Please fill your complete address as per valid address ID proof (if required) Please give the basic details as required by SEBI. In case of KRA registered clients, the address is being fetched from KRA through pan details
Upload Account Opening Document
You have to upload all the documents required for the opening account. Please provide a valid address ID proof and note that the address should be the same as provided in the earlier step (if required). Make sure to provide both front and backside of valid address id proofs. If you would like to trade in derivatives (Optional) 6-month bank statement/ income tax return is required.
Video for In-person verification is needed by SEBI to open a DEMAT account. Please hold your valid address Id proof or your pan card in the video just next to your face very clearly with all the details readable. You have to read the script on the right side and speak accordingly. The Maximum Video Upload size is 12 MB.
Account Opening Form Submission
Now, wait till your EKYC document verification is in progress. They will intimate to you soon on your Mobile / Email For Further Process.
Sign Your Application
Trading and Demat application are required to be E signed through adhaar based OTP or physically signed by the applicant. E-Sign with adhaar OTP Proceed with this option only if Adhaar linked to the mobile number as you will get OTP on the adhaar registered mobile.
Online E-signing account opening
You have to separately Esign Trading-KRA & Depository (DP) documents through aadhar OTP to open account online.
Courier Annexure form- (Optional)
Now you have successfully completed the account opening Process With StoxKart. Now you have to download & sign the annexure form. Then you have to courier the annexure form to the below address:
SMC Global Securities Ltd.
11/6B Shanti Chamber,
Pusa Road, Rajendra Place
Delhi 110005, India
Stoxkart Offline Account Opening Process
If your mobile number is not linked with aadhar you can open the account via offline mode. Stoxkart offline account opening process is same as that of the online process. You have to follow the above steps till no.8 after that you have to download the account opening form.
Then you need to physically sign and send account opening form along with required documents. You need to courier form to below address:
9B,Netaji Subhash Marg
Daryaganj, New Delhi-110002
Stoxkart Account Opening Status
If you wish to open account online your account will get activated faster then offline method. Through offline mode, Your EKYC documents will get approval within 24-48 working hours.
In case, if you have any further queries or want to report any technical issues, please contact over 1800113331.
Following this process, your account will be opened within 24-48 hours. You will receive an email on your registered email address with login id & password.