Alice Blue vs Swastika Investmart – Compare Charges, Trading Features, Offers & more

Find a Comparison of Alice Blue vs Swastika Investmart here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Alice Blue and Swastika Investmart.

Background

Year of Incorporation 2006 Swastika Investmart Ltd. (Formerly known as Swastika Fin-Lease Ltd.) in 1992
Website https://aliceblueonline.com/ https://www.swastika.co.in/
Phone 07314921313 022-66330000
Exchanges enabled NSE, BSE, MCX, MCX-SX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL & CDSL CDSL & NSDL
Brokerage

Equity 0.05% or Rs 20 (whichever is low) per executed order 0.02% for Intraday & 0.2% for Delivery - Negotiable
Equity Futures 0.05% or Rs 20 (whichever is low) per executed order 0.02% of Turnover - Negotiable
Equity Options Rs 20 per executed order Rs 25/lot
Currency Futures 0.05% or Rs 20 (whichever is low) per executed order 0.02% of Turnover - Negotiable
Currency Options Rs 20 per executed order Rs 25/lot
Commodity Rs 20 per executed order 0.02% of Turnover - Negotiable
Account Opening Costs

Trading only Free NA
Trading & Demat Free Rs.250
Commodity Free Rs.250
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% on Turnover 0.00350% of Turnover
Futures 0.0021% on Turnover 0.0025% of Turnover
Options Rs 20 per lot 0.055% of Premium Turnover
Commodities 0.0031% on turnover 0.0025% of Turnover
AMC charge Free Rs.250 annually or Rs. 2000 for lifetime
DP Transaction Charge Rs 14 per debit instruction 0.04% with minimum Rs 20
Offline order placing Charge Rs 20 per executed order NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 365 days 5 Days on NOW
End of Day 10 years 10years on NOW
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x intraday, 0 for Delivery Upto 10 times intraday, 0 for Delivery (negotiable if turnover 1 Cr)
Equity Futures Upto 7x intraday leverage Upto 7 times intraday leverage (negotiable if turnover 1 Cr)
Equity Options Upto 5x intraday No leverage (negotiable if turnover 1 Cr)
Currency Futures 2x intraday leverage No Leverage
Currency Options Buying no leverage, Shorting upto 2x intraday No Leverage
Commodity 2x intraday Upto 2 times for Intraday (negotiable if turnover 1 Cr)
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 4.51 Lakh Rs 1.07 Crores
Profit after Tax FY12/13 Rs 6.16 Lakh Rs 1.67 Crores
Profit after Tax FY13/14 Rs 6.86 Lakh Rs 2.10 Crores
Profit after Tax FY 14/15 Rs 7.19 Lakh Rs 3.50 Crores
Profit after Tax FY 15/16 Rs 8.05 Lakh Rs 4.47 Crores
Profit after Tax FY 16/17 Rs 9.53 Lakh Rs 5.07 Crores
Profit after Tax FY 17/18 Rs 11.44 Lakh Rs 6.88 Crores
Profit after Tax FY 18/19 Rs 11.56 Lakh Rs 7.98 Crores
Profit after Tax FY 19/20 Rs 11.20 Lakh Rs 8.46 Crores
Profit after Tax FY 20/21 Rs 14.22 Lakh Rs 9.25 Crores
Profit after Tax FY 21/22 Rs 13.18 Lakh Rs 10.30 Crores
Profit after Tax FY 22/23 Rs 16.18 Lakh Rs 11.32 Crores
Debt FY11/12 Rs 15.61 Lakh Rs 19.5 Lakhs
Debt FY12/13 Rs 16.84 Lakh Rs 23.9 Lakhs
Debt FY13/14 Rs 19.98 Lakh Rs 24.2 Lakhs
Debt FY14/15 Rs 20.17 Lakh Rs 28.48 Lakh
Debt FY15/16 Rs 20.96 Lakh Rs 19.17 Lakh
Debt FY16/17 Rs 22.37 Lakh Rs 25.69 Lakh
Debt FY17/18 Rs 21.85 Lakh Rs 18.10 Lakh
Debt FY18/19 Rs 22.76 Lakh Rs 32.14 Lakh
Debt FY19/20 Rs 24.74 Lakh Rs 23.76 Lakh
Debt FY20/21 Rs 26.71 Lakh Rs 33.72 Lakh
Debt FY21/22 Rs 27.14 Lakh Rs 24.08 Lakh
Debt FY22/23 Rs 26.36 Lakh Rs 24.59 Lakh
Profit to Equity(%) FY11/12 27.55 15.34
Profit to Equity(%) FY12/13 30.71 14.02
Profit to Equity(%) FY13/14 30.80 14.25
Profit to Equity(%) FY14/15 32.38 21.36
Profit to Equity(%) FY15/16 33.21 20.90
Profit to Equity(%) FY16/17 32.65 18.57
Profit to Equity(%) FY17/18 33.72 19.71
Profit to Equity(%) FY18/19 36.58 22.20
Profit to Equity(%) FY19/20 35.05 19.69
Profit to Equity(%) FY20/21 37.28 27.20
Profit to Equity(%) FY21/22 39.56 27.20
Profit to Equity(%) FY22/23 38.64 20.50
Balance Sheet Size FY11/12 Rs 9.94 Crores Rs 74.9 Crores
Balance Sheet Size FY12/13 Rs 10.29 Crores Rs 85.7 Crores
Balance Sheet Size FY13/14 Rs 8.27 Crores Rs 80.07 Crores
Balance Sheet Size FY14/15 Rs 9.81 Crores Rs 100.61 Crores
Balance Sheet Size FY15/16 Rs 10.88 Crores Rs 102.05 Crores
Balance Sheet Size FY16/17 Rs 15.35 Crores Rs 89.88 Crores
Balance Sheet Size FY17/18 Rs 12.24 Crores Rs 112.53 Crores
Balance Sheet Size FY18/19 Rs 16.56 Crores Rs 93.47 Crores
Balance Sheet Size FY19/20 Rs 14.46 Crores Rs 105.96 Crores
Balance Sheet Size FY20/21 Rs 19.43 Crores Rs 105.96 Crores
Balance Sheet Size FY21/22 Rs 16.73 Crores Rs 93.47 Crores
Balance Sheet Size FY22/23 Rs 19.18 Crores Rs 105.07 Crores

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Frequently Asked Questions

Is Alice Blue better than Swastika Investmart ?

Alice Blue and Swastika Investmart are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Swastika Investmart better than Alice Blue ?

Alice Blue and Swastika Investmart are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Alice Blue cheaper than Swastika Investmart ?

Alice Blue and Swastika Investmart are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Swastika Investmart cheaper than Alice Blue ?

Alice Blue and Swastika Investmart are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Alice Blue vs. Swastika Investmart ?

To find out the better of the two stockbrokers Alice Blue and Swastika Investmart, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.