Stocko review
Independent review of Stocko — brokerage, app, account opening, customer support and the kind of investor it actually fits. Stocko (South Asian Stocks Ltd, formerly SAS Online), now part of InCred Money and operating as InCred Stocko at incredstocko.in, is a deep-discount broker offering a per-order Lite plan (lower of % or ₹9) across all segments, plus a ₹999/month plan for equity cash and F&O where brokerage is charged at 2.5% of trade value until the ₹999 is exhausted..
Verdict
Cost-conscious active traders who want flat low brokerage and an unlimited monthly plan across equity, F&O and commodities, now backed by InCred Money.
Brokerage at a glance
Headline brokerage on the default Stocko lite (per trade) plan. On top of brokerage you also pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges — see full charges for the breakdown.
About Stocko
Stocko (South Asian Stocks Ltd, formerly SAS Online), now part of InCred Money and operating as InCred Stocko at incredstocko.in, is a deep-discount broker offering a per-order Lite plan (lower of % or ₹9) across all segments, plus a ₹999/month plan for equity cash and F&O where brokerage is charged at 2.5% of trade value until the ₹999 is exhausted.
The Stocko trading app
- Trade equity, F&O, currency and commodity across NSE Cash, NSE F&O, NSE CDS, BSE Cash and MCX
- Real-time market data with personalized MarketWatch lists and market screeners (Volume Shockers, 52-week high/low, Most Active)
- Charting via TradingView and ChartIQ with multi-timeframe charts, technical indicators and drawing tools
- Advanced order types including GTT (Good Till Triggered), Iceberg, bracket, after-market and basket orders
- IPO application and fund transfer from within the app
- Price alerts, position conversion and square-off, plus InstaOptions strategy builder with payoff graphs
Opening a Stocko account
Account opening is fully online for Indian residents. Keep your PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper handy. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days end-to-end. Start at incredstocko.in.
Customer support
Stocko support is available trade-by-call 8:45 am-11:55 pm; customer support 8:45 am-5:00 pm; sales/account opening 9:00 am-5:30 pm. escalation desk mon-fri 9:00 am-5:00 pm, sat 10:00 am-2:30 pm.. For complete contact details, the four-level SEBI escalation path (broker desk → compliance officer → SCORES → SMART ODR), and what to have ready before escalating, see the Stocko customer care page.
Pros and cons
How we judge this: these pros and cons are drawn from Stocko’s published charges and platform features, its app-store ratings — cross-checked against its SEBI registration and NSE / BSE membership. They are our editorial assessment, not a sponsored placement, and not financial advice.
What users say about Stocko
Paraphrased themes from public app-store reviews and forums — these are users’ opinions, not our testing, and not financial advice. Sampled 2026-06-14.
- Flat low brokerage (Rs. 9-12.99 per order) plus an unlimited monthly trading plan
- Multi-segment access: equity, F&O, currency, commodity (NSE/BSE/MCX/NCDEX)
- Web, mobile, API and TradingView integration available
- TOTP-based two-factor authentication for account security
- Zero-commission direct mutual funds via the InCred Money platform
- Some users report being prompted for password and OTP repeatedly when opening the app
- Some reviewers ask for clearer onboarding/process videos and better customer service responsiveness
- Mixed feedback on support staff communication
Alternatives to Stocko
By active client count, Stocko is the #35 largest of 38 retail brokers on the NSE (as of 2026-04-30). If you're weighing it against the field, these are the brokers people most often compare it with:
See the full ranked list of every retail broker in India on the stock brokers in India page, or compare exact landed cost on a typical trade with the brokerage calculator — switch brokers in the dropdown without leaving the page.
Frequently asked
What people ask about Stocko.
Stocko is SEBI-registered and holds NSE / BSE membership, so it meets the regulatory bar every Indian broker must clear. Whether it is a good fit depends on what you trade. Cost-conscious active traders who want flat low brokerage and an unlimited monthly plan across equity, F&O and commodities, now backed by InCred Money.
Equity delivery is ₹9 / 0.1%. Equity intraday is ₹9 / 0.01%. Equity options is Flat ₹9. On top of brokerage you pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges. The brokerage calculator on this site shows the all-in landed cost for a sample trade.
Stocko is registered with SEBI and a trading member of NSE / BSE. Demat accounts are held with CDSL or NSDL — the broker does not hold your shares, the depository does. Funds are held in a SEBI-regulated client bank account separate from the broker's own funds. The risk to investors from broker failure is limited; the larger risk to manage is account fraud via phishing and OTP sharing.
Trade equity, F&O, currency and commodity across NSE Cash, NSE F&O, NSE CDS, BSE Cash and MCX. Real-time market data with personalized MarketWatch lists and market screeners (Volume Shockers, 52-week high/low, Most Active). For a full feature list and download links see the Stocko app page.
Account opening is fully online for Indian residents. You need PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days. Apply via https://incredstocko.in.
Discount brokers comparable to Stocko include Zerodha, Groww, Upstox, Dhan and Angel One. Full-service alternatives include ICICI Direct, HDFC Securities, Kotak Securities and Sharekhan. Compare brokerage rates side-by-side on the brokerage calculator before switching.