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IDBI Direct Vs Stoxkart: Which one is better?

Both the brokers are registered with SEBI. IDBI Direct offers investmenet in Equity, F&O and Currency only, where Stoxkart offers investment in Equity, F&O, Currency and Commodities.. The brokerage of IDBI Direct Max 0.02% to 0.20% per trade while the brokerage of Stoxkart ranges between Rs. 15 per order. IDBI Direct is a Full Service Broker where Stoxkart is a Discount Broker. IDBI Direct is having overall lower rating compare to Stoxkart. IDBI Direct is rated only 3.5 out of 5 where Stoxkart is rated 4 out of 5. Number of active customer for IDBI Direct is 55,291 where number of active customer for Stoxkart is 20,167. IDBI Direct is serving more customer compare to Stoxkart.

Here we present side-by-side comparison of IDBI Direct vs Stoxkart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared IDBI Direct vs Stoxkart's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of IDBI Direct vs Stoxkart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared IDBI Direct vs Stoxkart's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare IDBI Direct vs Stoxkart on Service

  IDBI Direct Compare
IDBI Direct
Stoxkart Compare
Stoxkart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE NSE, BSE, MCX
Active Clients 55,291 20,167
Broker Overview Open an integrated 3-in-1 trading account with IDBI Direct to trade in a hassle-free manner. Multiple platforms for trading across devices, stock trading tips, ideas and research reports, NRI trading, and advisory services are the reasons to choose I... Know more about IDBI Direct Stoxkart is one of the fastest-growing online stockbrokers with the lowest brokerage trading at Rs. 15 per order, lifetime free delivery trading, zero brokerage on losses advantage, and new-age technologically advanced online trading platforms.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare IDBI Direct vs Stoxkart on Trading & Demat Account Opening Charges

Comparison of IDBI Direct with Stoxkart on trading & demat account opening charges and AMC. Trading account opening charges - IDBI Direct offer Free account opening where Stoxkart charges Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200 for account opening. Demat AMC charges - IDBI Direct charges Rs 350 PA [Free for 1st year] AMC for Demat account where Stoxkart charges Rs. 300 AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IDBI Direct with Stoxkart
Charges IDBI Direct Stoxkart
Trading Account Opening Fees Free Equity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 350 PA [Free for 1st year] Rs. 300
Provide DP Service Yes Yes
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About Brokerage Plans

Compare IDBI Direct vs Stoxkart on Plan Options

Plans are the most important feature you look when compare IDBI Direct with Stoxkart. This section compare on high level about type of plans offered by brokers. Multiple Plans - Stoxkart provides Multiple Plans where IDBI Direct doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare IDBI Direct with Stoxkart on Plan Options
Plan Types IDBI Direct Stoxkart
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare IDBI Direct vs Stoxkart on Brokerage Charges

IDBI Direct Brokerage Plan detail - IDBI Direct Brokerage Plan

Stoxkart Brokerage Plan detail - Stoxkart offers a discount brokerage plan offering free equity delivery, however, trading in other segments i.e. equity intraday, commodity, currency, etc. are charged at the flat brokerage of Rs. 15 per executed order.

Brokerage Charges - Compare IDBI Direct with Stoxkart
Brokerage Charges Compare IDBI Direct Stoxkart
Plan Name Flat Brokerage PLan Flat Brokerage Plan - Rs. 15 per order
Equity Delivery 0.20% Free
Equity Intraday 0.02% Flat Fee Rs 15 per order
Equity Futures Flat Rs 15 per order Flat Fee Rs 15 per order
Equity Options Flat Rs 15 per order Flat Fee Rs 15 per order
Currency Futures Flat Rs 15 per order Flat Fee Rs 15 per order
Currency Options Flat Rs 15 per order Flat Fee Rs 15 per order
Commodity Trading NA Flat Fee Rs 15 per order
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. NIL
Hidden Charges Info Not Available No
Funding Info Not Available Yes
Call & Trade Charges Free Rs 20 Per Executable Order
Auto Square off Charges NA Rs 20 Per Executable Order
Brokerage Calculator Brokerage Calculator for IDBI Direct Brokerage Calculator for Stoxkart
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Share Broker's Transaction Charges

Compare IDBI Direct vs Stoxkart on Transaction Charges

Compare IDBI Direct with Stoxkart on transaction charges and PCM fee by segment.

Transaction Charges - Compare IDBI Direct with Stoxkart
Transaction Charges Compare IDBI Direct Stoxkart
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for idbicapital Complete Brokerage Plans for stoxkart
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Account Features

Compare IDBI Direct vs Stoxkart on Account Features

Compare IDBI Direct with Stoxkart on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - IDBI Direct offers 3-in-1 account where Stoxkart offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - IDBI Direct with Stoxkart
Account Features Compare IDBI Direct Stoxkart
3 in 1 Account Yes, IDBI Direct have 3-in-1 accounts. Bank Account, Demat and Trading account. No IDBI Direct have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No
Intraday Square-off Time 3:15PM 3:20 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare IDBI Direct vs Stoxkart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IDBI Direct and Stoxkart. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare IDBI Direct with Stoxkart
Trading Platform Compare IDBI Direct Stoxkart
Desktop Trading Platform Infinity
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.idbicapital.com/ yes
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes No
Mobile Trading App IDBI Direct Mobile App yes
Mobile Trading App Demo Info Not Available yes Demo
Android Mobile App Yes Yes
Android App Download Andriod IDBI Direct Mobile App Download Andriod yes Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS IDBI Direct Mobile App Download iOS yes Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IDBI Direct Equity Intraday and Delivery Brokerage Calculator for Stoxkart
Futures Brokerage Calculator Futures Brokerage Calculator for IDBI Direct Futures Brokerage Calculator for Stoxkart
Options Brokerage Calculator Options Brokerage Calculator for IDBI Direct Options Brokerage Calculator for Stoxkart
Detail Detail on Trading Platforms for idbicapital Detail on Trading Platforms for stoxkart

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Broker Ratings by Users

Compare IDBI Direct vs Stoxkart on User Rating

  IDBI Direct Stoxkart
  31 Customer Reviews    Rate IDBI Direct Customer Reviews    Rate Stoxkart
Fees Ratings 3.0
Trading Brokerage Rating 2.5
Trading Platform Usability 2.6
Customer Service Ratings 2.7
Overall Ratings 2.7
Broker Rating IDBI Direct is Rated 2.7 / 5 based on 31 customer reviews
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Investment Offerings

Compare IDBI Direct vs Stoxkart on Investment Offerings

Compare IDBI Direct with Stoxkart on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Stoxkart offers trading options in Commodity (MCX) where IDBI Direct doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare IDBI Direct with Stoxkart
Investment Offerings Compare IDBI Direct Stoxkart
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare IDBI Direct vs Stoxkart on Order Types

Order Type - Compare IDBI Direct with Stoxkart on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- IDBI Direct offers Good Till Cancelled (GTC) orders where Stoxkart doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare IDBI Direct with Stoxkart
Order Type Compare IDBI Direct Stoxkart
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare IDBI Direct vs Stoxkart on Customer Service

Compare IDBI Direct with Stoxkart on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare IDBI Direct with Stoxkart
Customer Service Compare IDBI Direct Stoxkart
24/7 Customer Service IDBI Direct vs Stoxkart - 24x7 customer support No Yes
Email Support IDBI Direct vs Stoxkart - Email Support Yes Yes
Onine Live Chat IDBI Direct vs Stoxkart - Onine Live Chat No Yes
Phone Support IDBI Direct vs Stoxkart - Phone Support Yes Yes
Toll Free Number IDBI Direct vs Stoxkart - Toll Free Number Yes Yes
Through Branches IDBI Direct vs Stoxkart - Through Branches Yes Yes
Customer Care Number IDBI Direct vs Stoxkart - Customer Care Number 022-3913 5001 1800 11 3331
Account Opening Process IDBI Direct vs Stoxkart - Account Opening Process Info Not Available Online/Paperless
Customer Support Email IDBI Direct vs Stoxkart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education IDBI Direct vs Stoxkart - Knowledge Center/Education Info Not Available https://www.stoxkart.com/learning-center.php
Head Office Address IDBI Direct vs Stoxkart - Head Office Address/Corporate Address Info Not Available
  • Corporate Office


    Stoxkart discount brokerage,
    11/6B Shanti Chamber,
    Pusa Road,
    New Delhi - 110005,
    Tel. No. 1800 11 3331, 011-40820400, 71333666
Website IDBI Direct vs Stoxkart - Company Website https://www.idbidirect.in/ https://www.stoxkart.com/
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Tips/Research/Reports Published

Compare IDBI Direct vs Stoxkart on Research Reports, Tips

Compare IDBI Direct with Stoxkart on research reports and tips provided by the broker.

Research Reports - Compare IDBI Direct with Stoxkart
  IDBI Direct Stoxkart
Research Mutual Funds IDBI Direct vs Stoxkart - Research Mutual Funds Yes No
Research Equity Reports IDBI Direct vs Stoxkart - Research Equity Reports Yes No
Research ETF IDBI Direct vs Stoxkart - Research ETF Yes No
Daily Market Report IDBI Direct vs Stoxkart - Daily Market Report Yes No
Free Tips IDBI Direct vs Stoxkart - Free Tips Yes Yes
Quarterly Result Analysis IDBI Direct vs Stoxkart - Quarterly Results Yes No
News Alerts IDBI Direct vs Stoxkart - Yes No
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Demat Account

Compare IDBI Direct vs Stoxkart on Demat Account

Compare IDBI Direct with Stoxkart on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Stoxkart is ₹300 pa where for IDBI Direct is ₹350 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for IDBI Direct is 0.04% of transaction value or ₹30 whichever is higher + CDSL charges where for Stoxkart is ₹10+CDSL charges ₹5.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare IDBI Direct with Stoxkart
  IDBI Direct Stoxkart
DP Source CDSL CDSL
DP ID IDBI Direct vs Stoxkart - DP ID No 19100
Demat Account Annual Maintenance Charges(AMC) ₹350 pa ₹300 pa
Advance Deposit NO AMC will be charged in advance.
Statutory charges Nil Stamp Paper Charges
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value or ₹30 whichever is higher + CDSL charges ₹10+CDSL charges ₹5
Demat ₹5 per certificate + ₹30 courier charges ₹150 per certificate
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹25 courier charges ₹150 for every hundred securities + depositry charges
Pledge Creation 0.05% of transaction value or ₹50 whichever is higher ₹20 per instruction+CDSL charges
Pledge Creation Confirmation Nil ₹20
Pledge Closure 0.0002% of transaction value or ₹25 whichever is higher ₹20
Pledge Closure Confirmation 0.0002% of transaction value or ₹25 whichever is higher ₹20
Pledge Invocation 0.0015% of transaction value or ₹25 whichever is higher ₹20
Failed Instruction Charges Nil ₹50 per instraction
Other Charges Nil DIS Book Charges ₹50 (5 leafs) Client Modification Charges ₹25 Additional Client master Charges ₹2 Additional Statemen ₹50 per request + courier charges .
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Special Offers,Advantages,Disadvantages

Compare IDBI Direct vs Stoxkart on Special Offers and Promotion

Compare IDBI Direct with Stoxkart on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare IDBI Direct vs Stoxkart on Special Offers and Promotion
  IDBI Direct Stoxkart
Pay In and Pay Out Options IDBI Direct vs Stoxkart - Pay In and Pay Out Options Info Not Available

Pay-in/adding funds - UPI, Online Bank Transfer via IMPS,NEFT or RTGS.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time IDBI Direct vs Stoxkart - Payout Time Info Not Available

Max 24 hrs except bank holidays

Bank Supported and Charges IDBI Direct vs Stoxkart - Bank Supported and Charges Info Not Available 22+ Banks
Bank Detail Info Not Available HDFC Bank
Account No. STXKARTclientcode
Branch: Surya Kiran Building, K.G. Marg, C.P.
IFSC Code: HDFC0000003
Likes
  • 3-in-1 account opening.
  • Zero brokerage for the first 3 months.
  • Zero AMC for the first year.
  • Competitive brokerage
  • Paperless investment in mutual funds.
  • Equity SIP facility in shares (Amount based SIP and quantity-based SIP).
  • Leverage/margin trading with E-margin.
  • Encash – BSE feature to instantly get sale proceeds.
  • Dealer-assisted trading and free call & trade
  • Place aftermarket order, bracket order, and cover order.
  • Place Good Till Date (GTD)
  • Buy today Sell Tomorrow (BTST)

Detail Review...

  • Zero balance trading account.
  • No profit no brokerage.
  • Zero brokerage on delivery.
  • The cheapest brokerage of Rs. 15 per order.
  • Brokerage-free mutual fund investment.
  • User-friendly trading platforms across web, app, and desktop versions.
  • Apply for IPOs via UPI.
  • Earn a fixed payout of Rs. 400 for every referred friend.
  • Advance orders like bracket order, cover order, and aftermarket order.
  • NRI trading is available.
  • Become a partner with Stoxkart to earn lifetime income.
  • Stoxkart learning center for beginners to improve trading knowledge.

Detail Review...

Dislikes
  • Does not offer commodity trading.
  • The user interface of the trading platforms can be improved.
  • Customer service needs a lot of improvement.

Detail Review...

  • It does not provide direct mutual funds.
  • You cannot place Good Till Triggered (GTT) order on Stoxkart.
  • It does not offer a 3-in-1 account opening facility.

Detail Review...

Special Offers/Promo No profit, No brokerage plan facilitates trader to pay a flat brokerage fee of Rs. 15 per order, only if you earn a profit otherwise, no brokerage charges levied.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-08-21T03:25:00+00:00