Stoxkart opens 40K new demat accounts in 3 months

New Delhi: Discount brokerage platform Stoxkart, part of SMC Group, on Thursday said it has added over 40,000 new demat accounts in the last 90 days.

This growth comes at a time when the industry has seen several established players witnessing a decline in active clients.

Additionally, its zero brokerage SmartTrader plan has crossed 33,000 subscriptions during the same period.

“This milestone is more than just numbers; it is a reflection of the trust and confidence thousands of investors are placing in us, especially at a time when many established players are witnessing a decline in active clients,” Pranay Aggarwal, Director and CEO of Stoxkart, said in a statement.