Stoxkart is one of the famous discount brokers in India that was established in 2019. Even though its presence in the Indian Financial service sector is new, it is presently serving more than 1,24,000 customers.
The good news for the commodity traders is that the Stoxkart commodity margin for intraday is up to 15 times which is quite high, which means with the amount you have in your account, you can trade 15 times.
There are plenty of reasons to answer your question “Is Stoxkart safe or not” and a few of those reasons include that it is listed with India’s Top Exchanges, namely BSE, MCX, and NSE, and not just that it is a SEBI, also known as Securities and Exchange Board of India, registered broker.
That was all about Stoxkart! Now is the time that we should understand Stoxkart Margin commencing from the below section.
Stoxkart Intraday Margin Review
Can a trader avail of Stoxkart Intraday Margin without any trouble?
But, do you know what exactly is Intraday and Margin? A few of you might be aware of such broad terms despite that there are some who are unaware of them.
Don’t search anywhere! You can find the answers just below.
Well, Intraday Trading is quite a bit simple, yet it requires extensive analysis of stocks since the trading or position is squared-off within the day before the market closes.
And Margin is also commonly known as leverage, in which the trader borrows a certain amount from the stockbroker to buy securities.
We believe you have an idea about both of them now!
So, let’s gather information on Stoxkart Intraday Margin. To make it more simple and convenient, simply follow the table below and learn the margin available on multiple segments on Stoxkart Pro–
Stoxkart Intraday Margin
From the above table, you can evaluate that Stoxkart Intraday Margin is 25 times the amount available in your trading account, which is the highest amount ever given by any discount broker in India.
Hence being a discount-broker, it offers you excellent margin, impeccable platforms, and several trading and investment segments.
Hence, the answer to the question, Is Stoxkart Intraday Margin marvelous or not, is absolute YES!
But wait, there’s more to come!
If you proceed with the Stoxkart Login process and keen to sell or buy shares, stocks, or securities with this broker and start trading in the Intraday, then you are only required to pay flat Rs. 15 as Stoxkart Charges.