FREE Account Opening + Zero AMC Fees* + MutualFund SIP1

Stoxkart Account Opening 2024

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Stoxkart Account Opening
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

The Delhi-based discount broking firm – Stoxkart serves to trade across equities, derivatives, commodities, currencies, IPO, and mutual funds. It is a registered CDSL depository participant to provide a depository facility to customers through Stoxkart Demat Account. Customers including residents as well as NRIs can open a 2-in-1 account - Stoxkart Demat Account and Stoxkart Trading Account. On the one hand, where it offers a Free demat account, on the other side, it offers a Zero-AMC trading account. The trading account with Stoxkart enables users to place buy and sell orders across different investment avenues offered whereas Demat account is a single platform to keep shares, derivative contracts, commodities, currencies, and mutual funds electronically or in dematerialized format with greater safety and security. Although the broker is a new entrant in the online brokerage industry with operations commenced in 2019, still, Stoxkart is one of the topmost choices of Indian traders because of Free Demat Account at zero account opening charges, competitive brokerage charges- Rs. 15 per order, high intraday margin exposure, free delivery trading, and many more. Walkthrough with the complete review of Stoxkart account opening including charges, the process to open an account online and offline, account closure process, and others.

Stoxkart Account Opening Benefits

Opening a Stoxkart demat and trading account comes with numerous advantages, several important of them are listed below;

  • Stoxkart demat account is one single account to keep shares, mutual funds, ETF, and other securities.
  • Zero brokerage on equity delivery trading
  • Flat fee of Rs. 15 in other segments i.e. intraday trading, commodities, currencies, and futures & options.
  • Zero brokerage if you don’t gain means one needs to pay brokerage only if a trader earns profit otherwise there is no brokerage needs to be paid.
  • Hassle-free online account opening process that is completely paperless.
  • Best intraday exposure up to 25 times across equity, commodity, and currency.
  • Modern and super-fast trading platforms across desktop, mobile app – Stoxkart Classic, and online platform – Stoxkart Pro Web.
  • Online investment in mutual funds.
  • Real-time market updates and research-based recommendations.
  • Robo advisory services on Stoxkart Pro app.

Stoxkart Account Opening Procedure

If you are looking to open a trading and demat account, then Stoxkart is definitely an option available to you not just because of free demat account but also due to low pricing, zero brokerage on equity delivery trading, online mutual funds investment, and others. The brokerage firm offers both the online as well as offline procedures to open an account with Stoxkart. The online process is quite easy, quick, and hassle-free that doesn’t require any physical documentation whereas the offline process is a bit cumbersome because you require to print out the form, fill it, and courier it to the broker’s office.

  • Open online demat and trading account with Stoxkart

    Generally, most of the users prefer to open accounts online because it’s much easier and quicker. Here’s the process to open an account online;

    • Go to the official website of Stoxkart.
    • On the top menu bar, click on the “Open an Account” option.
    • Head to Demat account opening page and then sign up or register yourself through entering your mail ID and mobile number and then press the “Open Account” button.
    • Afterward, you will get an OTP on your mobile number on the mobile number you have entered. Enter the OTP and submit it.
    • PAN Verification; Enter PAN number and Date of Birth and press continue. Here, there is also an option to enter referral code (if any) to avail the discount.
    • Stoxkart offers a number of schemes such as only Equity Segment only, all segments, Free Account with Margin, and many more. Select the preferred scheme as per your choice and accordingly, Stoxkart charges will be shown. You also have to select the mode of payment whether net banking, UPI, debit/credit card, or any other and press “Next” button.
    • Enter bank account details including account number, IFSC code, MICR, bank and branch name as well and submit it.
    • Provide your basic details such as occupation, education, annual income, residential status, etc. and click on the “Next”.
    • Keep scanned copies of all the documents such as PAN card, canceled cheque, Aadhaar card, latest bank statement, and address proof handy and upload it.
    • Go through Stoxkat IPV (In-person verification) process to verify your identity.
    • E-sign your application by either “E-sign with Aadhaar” option or “download the PDF form and courier it to the broker”.
    • Once e-sign is done, your Demat & trading account will be opened.

    Note: Customers have to send Stoxkart POA (Power of Attorney) in hard copy form only to authorize the broker to debit the securities from demat account.

    Offline Account Opening procedure

    In case, if someone is either less familiar with the online world and new-age technology or has not yet linked his Aadhaar card with his mobile number then they can open an offline account. Under the process, you can download the Account Opening Form from the Stoxkart website (, take a printout, physically sign it, and courier it to the below provided Delhi office address by attaching necessary documents such as ID proof, address proof, income proof, etc (see below).

    SMC Global Securities Ltd

    11/6B Shanti Chamber,

    Pusa Road

    Rajendra Place Delhi 110005


Stoxkart Account Opening Status

  • If you’ve decided to open an account online, then it will hardly take few minutes to complete the online formalities such as filling basic information, documents upload, and others. However, if you prefer to open the account offline then the process will take time as it may need 7 days to verify and process all the forms and complete Stoxkart account opening procedure. To know the account status, you can tell your query to the customer service executive by calling toll-free number 1800-11-3331 or drop a mail at [email protected].

    Once Stoxkart team has verified and processed your account opening request then thereafter it will send you an email containing your unique client code (UCC). The client login ID is important to log in online platforms such as Stoxkart Pro app login, Stoxkart Classic login, and Stoxkart Pro Web login.

Stoxkart Account Opening Form

Stoxkart discount broker provides demat & trading account opening form (AOF) on its official website in the pdf form. Follow these steps to get the Stoxkart AOF;

  • Visit the broker’s official website -
  • On the top menu bar, under the “support” tab, click on the “Download” option.
  • Here, now, you can check the “Demat & Trading Account Opening Form” will be available. If you’re still unable to get the form online then click on the below link to download the AOF.

Download Stoxkart Account Opening Form

Stoxkart Account Opening Charges

Trading Account Opening ChargesEquity+Commodity+Currency-500, Equity + Currency - Rs. 300, Commodity - Rs. 200
Trading AMCFree
Demat Account Opening ChargesFree
Demat AMCRs. 300

Stoxkart Account Opening Documents

To open Stoxkart account, the broker demands several set of documents for the individual’s detailed verification. The document checklist for trading with Stoxkart needs following documents to be submitted;

  • Applicant’s photograph.
  • PAN card.
  • Address Proof.
  • Canceled cheque.
  • Applicant’s signature on a blank paper.
  • Income proof such as the latest 3 months bank statement or others.

Stoxkart Account Modification Process

It is obvious that many-times, account holders may have to change their account details such as bank account details, address details, e-mail, and contact number. To do this, the broker provides an Account Modification Form online on the website. To change any details in either of your Demat account or trading account or both of these, you need to download the modification request form, take a printout, enter details that you want to add or modify, attach supporting document for a valid proof and courier it to the Stoxkart address.

  • In case of bank details change or update, valid bank proof such as the latest bank passbook, latest bank statement, and cancelled cheque can be provided.
  • If you want to change the address then passport, voter ID, telephone bill, ration card, electricity bill, etc. can be attached as an address proof.
  • In the case of Email and contact number change, any duplicate details will not be accepted.

Note: If you have a joint account, then the account modification form must contain details about all the account holders and signature.

Stoxkart Account Modification Form

To download the Account Modification Form, follow these steps;

  • Head to the website.
  • Under the “Support” tab, click on the “Download” button.
  • Under the download section, click on the “Application for Modification in Demat Account Details”.
  • The form is available in pdf form and applicable for bank details change, address change, and others. Click on the “download” icon to get the form.

Stoxkart Account Modification Form

Stoxkart Account Closure Process

One might be interested to close Stoxkart demat and trading in the following circumstances;

  • Not satisfied with the Stoxkart’s services.
  • Opened an account with another broker.
  • Not more engaged in trading & investment.

In any of the above situations, you can close your Stoxkart demat account. Before initiating the closure process, assure to clear all dues and transfer or sell all your securities from your demat account.

Coming to the closure process, remember that you can’t close Stoxkart account online as it allows offline procedures only. Under this, the account holder has to submit a physical means hard copy of the account closure form to the broker’s head office address. You’ll have an option to close either Stoxkart Demat Account or Stoxkart Trading Account or both of these.

Step-by-step process to close Stoxkart Demat Account

  • Visit the official website of the broker.
  • Go to “Downloads” under the “Support” menu.
  • Here, Click on the “Demat Account Closure”
  • Download the form and take the printout
  • Fill details such as demat account closure or trading account closure or both, client ID, the reason for closure, name of the account holder/s, and signature. In the case of a joint account, the form must be signed by all.
  • Send the duly filled and signed form to the Stoxkart’s Delhi address.

Note: Account deactivation is different from closure because the former is a process to temporarily shut your trading activities while the latter is a permanent closure or deletion of all your information forever.

Stoxkart Account Closure Form

Stoxkart Account Closure Charges

  • There are no account closure charges that means one can close his/her demat and trading account with Stoxkart completely free of cost.

Stoxkart Account Closure Period

  • Stoxkart account closure procedure may take nearly 3-4 working days, still, if you didn’t receive any closure confirmation then you must contact the customer service team over phone or email or chat and let them know the trouble you are facing with. The support agent will assist you to close your account.

Is Stoxkart Good and Reliable Broker?

Looking to its flat brokerage fee of Rs. 15/order, Stoxkart can be considered a good broker for those who are looking to get rid of hefty brokerage charges or trade at the lowest possible fee. Further, its Zero cost delivery trade and pay brokerage only if a trader earns profit are the positive aspects that attract many people to open an account with Stoxkart. In addition, the various spectrum of financial products, research-based stock, and mutual funds recommendations, Robo advisory, and modern age trading platforms sought to be a great alternative for traders & investors. Beyond that, as Stoxkart is a part of a large organization - SMC Group, therefore, it can be considered as a reliable broker too.

New Account Opening - How to join Stoxkart?

You can be a part of Stoxkart traders & investors community by opening a demat and trading account either online or offline. Once your account is opened, you can get access to various financial offerings and trade at the brokerage of just Rs. 15 per order.

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New Account Opening offers with Stoxkart

Despite the Equity account and commodity trading account at applicable charges, there’re a number of account opening schemes that the broker offers. For instance, free account opening with a margin of Rs. 10,000, as per which, you can open a completely free Stoxkart demat and trading account at zero account opening charges (AOC) by keeping a trading margin of Rs. 10,000. It further offers many AOC free brokerage plans with brokerage cashback offers valid for different time duration i.e. 1 month, 2 months, 3 months, and 6 months.

Stoxkart Promo Code

Currently, no promo code available to avail discounts on account opening with Stoxkart.

Stoxkart Referral Code

Likewise many other brokers such as 5paisa, Zerodha, etc. Stoxkart also runs a referral program also called the “Refer & Earn” plan, under which, if on your reference, your friend, relative, or any other person opens Stoxkart account and transact using its trading platforms then both referral and referee will get an Rs. 200 brokerage cashback. Further, when the person opened an account then a referral will also get an Amazon gift voucher worth Rs. 500.

    In this section we have covered most frequest scenario you have about new account opening. Does Stoxkart have any promo code? Does Stoxkart have any special Offers? What are the refferal benefit with Stoxkart if I refer my friends or family? How can I start my trade with Stoxkart? Is Stoxkart good and reliable?


Stoxkart POA (Power of Attorney) is a document that authorizes Stoxkart to debit shares from the client’s Demat account when anyone transfers or sells them in the market. Anyone who wants to open an account with Stoxkart must submit the signed POA to the broker’s registered office. Notably, if you’re only an intraday or derivative trader then POA is not required.


The broker offers POA on its official website, here’re the steps to get Stoxkart POA form;

  • Head to the Stoxkart website.
  • Under the “Support” tab on the top, click on the “Downloads”.
  • Under the “Account Modification Forms”, Power of Attorney – POA Form for authorizing brokers is available, click on it to get the form.


If you’re not satisfied with Stoxkart services or looking to open an account with other brokers then, you should close your Stoxkart Demat and trading account to avoid any AMC charges. To close your Stoxkart account, a person just has to submit the duly filled Stoxkart account closing form offline to the official address and within 3-4 working days, your account will be closed.


Unsatisfied clients can either chose to close the account with the Stoxkart and open it somewhere else. To do this, the broker provides an account closure form on its official website under the download section.

Steps to get Stoxkart account closure form

  • Visit the official website of Stoxkart.
  • Go to the “Support” option.
  • Click on the “Downloads” option.
  • Scroll down the page and under the “Account Modification Forms” option, the “Demat Account Closure” form is available.


The Delhi-based discount broking firm provides an online account opening facility to customers. Once the account is opened, they just need to login and then can start trading online.

Here are the steps to trade with Stoxkart online;

  • Visit Stoxkart website and click on “open an account”.
  • Enter mobile number and email and complete OTP verification for Stoxkart sign-up.
  • Enter PAN number and DOB.
  • Select the segment you want to trade-in.
  • Provide your bank account details i.e. account number, IFSC, etc.
  • Upload scanned copies of documents i.e. PAN card, address proof, aadhaar card, etc.
  • Complete Stoxkart In-person verification (IPV) process.
  • E-sign your application and your account will be live!
  • Send a hard copy of Stoxkart POA to the broker to the registered office.


If you have not yet linked your Aadhaar card with your mobile number then you can open Stoxkart account offline. The process requires you to download the account opening form from the website, fill it, sign it, and send it to the registered office address. Once all the documents and AOF go through verification and everything found accurate, then your account will be opened.


Steps to get Stoxkart AOF:

  • Go to the Stoxkart website.
  • Go to support and click on “Downloads”
  • Here, Demat & Trading Account Opening Form is available, click on it to download the form.


The broker offers an offline account modification facility wherein you need to download Stoxkart account modification form from the website, enter existing and new bank details that you want to add, and provide documents to authenticate your new bank account details. It can be anything like the latest passbook statement, bank statement, and canceled cheque with the preprinted name of the account holder.

Stoxkart Bank detail change form


The online account opening process is super-fast and quick that just requires people to fill online forms and upload documents online. Hence, once your documents are verified, online account will be opened the same day. Later, the broker will send a unique account number, also called unique client code or beneficial owner identification number (BOID) that is required to complete Stoxkart login process. In case, if there is any delay in account opening then it is advised to call the customer care team or drop your query at Stoxkart Help desk who will contact you back.


Last Updated on 2023-09-14