StocksCPTL broker Accounts

Stoxkart Account Type

　　Stoxkart offers various types of brokerage accounts to cater to different investment needs. The primary account types include:

　　Cash Account: This is the most basic type of account where investors fund their accounts with cash to purchase and sell securities. It is straightforward and carries lower risk since no borrowing is involved.
　　Margin Account: This type allows investors to borrow money from the broker to purchase securities, increasing potential returns but also risks. Investors must maintain a minimum balance and pay interest on borrowed funds.
　　Demat Account: Required for holding securities in electronic form. It facilitates smooth transactions between trading and demat accounts, as securities bought through the trading account are automatically credited to the demat account.
　　Trading Account: This account enables trading in various segments, including equity, commodities, currency, and derivatives.
　　Joint Accounts: Accounts held by two or more people, allowing them to pool their funds and invest together.

　　Opening a Stoxkart account is a simple process that can be completed online or offline. Here are the steps involved:

Visit Stoxkart Website: Go to stoxkart.com.
Click 'Open an Account': Locate the 'Open an Account' link on the top right of the homepage.
Verify Contact Information: Enter your mobile number and email, and verify them.
Enter Aadhar and PAN Numbers: Input your Aadhar and PAN details.
Aadhar Verification: Verify your Aadhar using OTP.
Check Personal Details: Review and confirm your personal information.
Upload Supporting Documents: Provide necessary documents such as PAN card, Aadhar, cancelled cheque, and income proof (if applicable).
Submit Application: Complete the application form and submit it.

Download Application Form: Visit the Stoxkart website and navigate to the 'Support' section to download the 'Demat & Trading Account Opening Form'.
Fill Out the Form: Print, fill, and sign the form.
Attach Documents: Include supporting documents as required.
Send the Application: Courier the filled form and documents to the address provided on the form.

Account Opening Charges: Rs 300 for a trading account and Rs 0 for a demat account.
Account Maintenance Charges: Rs 300 annually for the demat account.
Time for Account Activation: Online accounts can be opened in approximately 15 minutes after verification.

　　For more details, visit the Stoxkart account opening page: Stoxkart Account Opening.