Goodwill Wealth vs Swastika Investmart – Compare Charges, Trading Features, Offers & more

Find a Comparison of Goodwill Wealth 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 Goodwill Wealth and Swastika Investmart.

Background

Year of Incorporation 2008 Swastika Investmart Ltd. (Formerly known as Swastika Fin-Lease Ltd.) in 1992
Website https://www.gwcindia.in/ https://www.swastika.co.in/
Phone 044 4032 9999 022-66330000
Exchanges enabled BSE, NSE, MCX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL CDSL & NSDL
Brokerage

Equity 0.33% on Delivery & 0.03% on Intraday 0.02% for Intraday & 0.2% for Delivery - Negotiable
Equity Futures 0.03% per Executed Order 0.02% of Turnover - Negotiable
Equity Options Rs 30 per lot Rs 25/lot
Currency Futures 0.03% per executed order 0.02% of Turnover - Negotiable
Currency Options Rs 30 per lot Rs 25/lot
Commodity Rs 30 per lot 0.02% of Turnover - Negotiable
Account Opening Costs

Trading only Rs. 200 NA
Trading & Demat Rs. 200 Rs.250
Commodity Rs. 200 Rs.250
Transparency & other costs

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

Equity 0.00325% (NSE) & 0.00375% (BSE) 0.00350% of Turnover
Futures 0.0019% (NSE & BSE) 0.0025% of Turnover
Options 0.05% (on premium) 0.055% of Premium Turnover
Commodities 0.00436% of Turnover 0.0025% of Turnover
AMC charge Rs.350 per Year Rs.250 annually or Rs. 2000 for lifetime
DP Transaction Charge Rs 30 per Scrip 0.04% with minimum Rs 20
Offline order placing Charge Nil NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 5 Days on NOW
End of Day 5 Years 10years on NOW
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 2x for Delivery & Upto 5x for Intraday Upto 10 times intraday, 0 for Delivery (negotiable if turnover 1 Cr)
Equity Futures Upto 2x Upto 7 times intraday leverage (negotiable if turnover 1 Cr)
Equity Options Upto 5x No leverage (negotiable if turnover 1 Cr)
Currency Futures Upto 2x No Leverage
Currency Options Upto 3x No Leverage
Commodity Upto 5x 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 10.67 Lakhs Rs 1.07 Crores
Profit after Tax FY12/13 Rs 10.71 Lakhs Rs 1.67 Crores
Profit after Tax FY13/14 Rs 13.38 Lakhs Rs 2.10 Crores
Profit after Tax FY 14/15 Rs 15.82 Lakhs Rs 3.50 Crores
Profit after Tax FY 15/16 Rs 22.88 Lakhs Rs 4.47 Crores
Profit after Tax FY 16/17 Rs 30.17 Lakhs Rs 5.07 Crores
Profit after Tax FY 17/18 Rs 32.22 Lakhs Rs 6.88 Crores
Profit after Tax FY 18/19 Rs 39.36 Lakhs Rs 7.98 Crores
Profit after Tax FY 19/20 Rs 38.00 Lakhs Rs 8.46 Crores
Profit after Tax FY 20/21 Rs 45.85 Lakhs Rs 9.25 Crores
Profit after Tax FY 21/22 Rs 50.41 Lakhs Rs 10.30 Crores
Profit after Tax FY 22/23 Rs 53.66 Lakhs Rs 11.32 Crores
Debt FY11/12 Rs 12.27 Lakhs Rs 19.5 Lakhs
Debt FY12/13 Rs 16.53 Lakhs Rs 23.9 Lakhs
Debt FY13/14 Rs 16.32 Lakhs Rs 24.2 Lakhs
Debt FY14/15 Rs 18.71 Lakhs Rs 28.48 Lakh
Debt FY15/16 Rs 12.87 Lakhs Rs 19.17 Lakh
Debt FY16/17 Rs 19.81 Lakhs Rs 25.69 Lakh
Debt FY17/18 Rs 11.07 Lakhs Rs 18.10 Lakh
Debt FY18/19 Rs 17.64 Lakhs Rs 32.14 Lakh
Debt FY19/20 Rs 19.66 Lakhs Rs 23.76 Lakh
Debt FY20/21 Rs 12.46 Lakhs Rs 33.72 Lakh
Debt FY21/22 Rs 14.41 Lakhs Rs 24.08 Lakh
Debt FY22/23 Rs 16.35 Lakhs Rs 24.59 Lakh
Profit to Equity(%) FY11/12 11.13% 15.34
Profit to Equity(%) FY12/13 13.28% 14.02
Profit to Equity(%) FY13/14 14.33% 14.25
Profit to Equity(%) FY14/15 14.42% 21.36
Profit to Equity(%) FY15/16 18.15% 20.90
Profit to Equity(%) FY16/17 17.74% 18.57
Profit to Equity(%) FY17/18 17.53% 19.71
Profit to Equity(%) FY18/19 18.68% 22.20
Profit to Equity(%) FY19/20 18.09% 19.69
Profit to Equity(%) FY20/21 19.37% 27.20
Profit to Equity(%) FY21/22 20.81% 27.20
Profit to Equity(%) FY22/23 21.97% 20.50
Balance Sheet Size FY11/12 Rs 2094.36 Crores Rs 74.9 Crores
Balance Sheet Size FY12/13 Rs 2718.97 Crores Rs 85.7 Crores
Balance Sheet Size FY13/14 Rs 3054.10 Crores Rs 80.07 Crores
Balance Sheet Size FY14/15 Rs 3146.81 Crores Rs 100.61 Crores
Balance Sheet Size FY15/16 Rs 3373.32 Crores Rs 102.05 Crores
Balance Sheet Size FY16/17 Rs 3594.45 Crores Rs 89.88 Crores
Balance Sheet Size FY17/18 Rs 3875.20 Crore Rs 112.53 Crores
Balance Sheet Size FY18/19 Rs 4280.67 Lakh Rs 93.47 Crores
Balance Sheet Size FY19/20 Rs 4503.50 Crores Rs 105.96 Crores
Balance Sheet Size FY20/21 Rs 4314.17 Crores Rs 105.96 Crores
Balance Sheet Size FY21/22 Rs 5287.38 Crores Rs 93.47 Crores
Balance Sheet Size FY22/23 Rs 5821.90 Crores Rs 105.07 Crores

Comparison Link:

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Frequently Asked Questions

Is Goodwill Wealth better than Swastika Investmart ?

Goodwill Wealth 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 Goodwill Wealth ?

Goodwill Wealth 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 Goodwill Wealth cheaper than Swastika Investmart ?

Goodwill Wealth 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 Goodwill Wealth ?

Goodwill Wealth 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 Goodwill Wealth vs. Swastika Investmart ?

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