Find a Comparison of M.stock 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 M.stock and Swastika Investmart.
| Year of Incorporation | 1985 | Swastika Investmart Ltd. (Formerly known as Swastika Fin-Lease Ltd.) in 1992 |
| Website | https://www.mstock.com/ | https://www.swastika.co.in/ |
| Phone | 1800-210-0818 | 022-66330000 |
| Exchanges enabled | NSE, BSE, NFO, MCX & NCDEX | NSE, BSE, MCX-SX, MCX & NCDEX |
| Demat (NSDL/CDSL) | CDSL | CDSL & NSDL |
| Equity | Zero | 0.02% for Intraday & 0.2% for Delivery - Negotiable |
| Equity Futures | Zero | 0.02% of Turnover - Negotiable |
| Equity Options | Zero | Rs 25/lot |
| Currency Futures | Zero | 0.02% of Turnover - Negotiable |
| Currency Options | Zero | Rs 25/lot |
| Commodity | Not Available | 0.02% of Turnover - Negotiable |
| Trading only | Rs 999 for Lifetime | NA |
| Trading & Demat | Rs 999 for Lifetime | Rs.250 |
| Commodity | Not Available | Rs.250 |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% of Turnover | 0.00350% of Turnover |
| Futures | 0.0019% of Turnover | 0.0025% of Turnover |
| Options | 0.05% of Turnover | 0.055% of Premium Turnover |
| Commodities | Not Available | 0.0025% of Turnover |
| AMC charge | Rs 120 every quarter or Rs 999 Lifetime | Rs.250 annually or Rs. 2000 for lifetime |
| DP Transaction Charge | Rs 18 per Transaction | 0.04% with minimum Rs 20 |
| Offline order placing Charge | Free | NIL |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | 5 Days | 5 Days on NOW |
| End of Day | 5 years | 10years on NOW |
| Coding/Backtesting |  |
| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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Leverage Provided
| Equity | Upto 4x for Intraday & Upto 1x for Delivery | Upto 10 times intraday, 0 for Delivery (negotiable if turnover 1 Cr) |
| Equity Futures | Upto 1x for Intraday | Upto 7 times intraday leverage (negotiable if turnover 1 Cr) |
| Equity Options | Upto 1x | No leverage (negotiable if turnover 1 Cr) |
| Currency Futures | Upto 1x | No Leverage |
| Currency Options | Upto 1x | No Leverage |
| Commodity | Not Available | Upto 2 times for Intraday (negotiable if turnover 1 Cr) |
| Research & Tips | |
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| Brokerage Calculator | |
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| Margin Calculator | |
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| Bracket orders & Trailing Stoploss | |
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| Training & Education | |
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| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
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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 24.68 Crores | Rs 1.07 Crores |
| Profit after Tax FY12/13 | Rs 30.99 Crores | Rs 1.67 Crores |
| Profit after Tax FY13/14 | Rs 39.19 Crores | Rs 2.10 Crores |
| Profit after Tax FY 14/15 | Rs 36.00 Crores | Rs 3.50 Crores |
| Profit after Tax FY 15/16 | Rs 45.83 Crores | Rs 4.47 Crores |
| Profit after Tax FY 16/17 | Rs 54.82 Crores | Rs 5.07 Crores |
| Profit after Tax FY 17/18 | Rs 63.61 Crores | Rs 6.88 Crores |
| Profit after Tax FY 18/19 | Rs 74.66 Crores | Rs 7.98 Crores |
| Profit after Tax FY 19/20 | Rs 89.85 Crores | Rs 8.46 Crores |
| Profit after Tax FY 20/21 | Rs 96.63 Crores | Rs 9.25 Crores |
| Profit after Tax FY 21/22 | Rs 102.87 Crores | Rs 10.30 Crores |
| Profit after Tax FY 22/23 | Rs 139.18 Crores | Rs 11.32 Crores |
| Debt FY11/12 | Rs 70.61 Crores | Rs 19.5 Lakhs |
| Debt FY12/13 | Rs 68.69 Crores | Rs 23.9 Lakhs |
| Debt FY13/14 | Rs 67.59 Crores | Rs 24.2 Lakhs |
| Debt FY14/15 | Rs 95.48 Crores | Rs 28.48 Lakh |
| Debt FY15/16 | Rs 105.86 Crores | Rs 19.17 Lakh |
| Debt FY16/17 | Rs 112.54 Crores | Rs 25.69 Lakh |
| Debt FY17/18 | Rs 95.70 Crores | Rs 18.10 Lakh |
| Debt FY18/19 | Rs 115.70 Crores | Rs 32.14 Lakh |
| Debt FY19/20 | Rs 120.00 Crores | Rs 23.76 Lakh |
| Debt FY20/21 | Rs 131.84 Crores | Rs 33.72 Lakh |
| Debt FY21/22 | Rs 148.71 Crores | Rs 24.08 Lakh |
| Debt FY22/23 | Rs 156.05 Crores | Rs 24.59 Lakh |
| Profit to Equity(%) FY11/12 | 7.70 | 15.34 |
| Profit to Equity(%) FY12/13 | 7.68 | 14.02 |
| Profit to Equity(%) FY13/14 | 8.92 | 14.25 |
| Profit to Equity(%) FY14/15 | 8.79 | 21.36 |
| Profit to Equity(%) FY15/16 | 8.79 | 20.90 |
| Profit to Equity(%) FY16/17 | 10.41 | 18.57 |
| Profit to Equity(%) FY17/18 | 15.66 | 19.71 |
| Profit to Equity(%) FY18/19 | 14.77 | 22.20 |
| Profit to Equity(%) FY19/20 | 14.70 | 19.69 |
| Profit to Equity(%) FY20/21 | 18.22 | 27.20 |
| Profit to Equity(%) FY21/22 | 17.76 | 27.20 |
| Profit to Equity(%) FY22/23 | 19.13 | 20.50 |
| Balance Sheet Size FY11/12 | Rs 918.34 Crores | Rs 74.9 Crores |
| Balance Sheet Size FY12/13 | Rs 999.30 Crores | Rs 85.7 Crores |
| Balance Sheet Size FY13/14 | Rs 1076.69 Crores | Rs 80.07 Crores |
| Balance Sheet Size FY14/15 | Rs 1116.18 Crores | Rs 100.61 Crores |
| Balance Sheet Size FY15/16 | Rs 1238.44 Crores | Rs 102.05 Crores |
| Balance Sheet Size FY16/17 | Rs 1275.93 Crores | Rs 89.88 Crores |
| Balance Sheet Size FY17/18 | Rs 1948.16 Crores | Rs 112.53 Crores |
| Balance Sheet Size FY18/19 | Rs 2225.87 Crores | Rs 93.47 Crores |
| Balance Sheet Size FY19/20 | Rs 2419.28 Crores | Rs 105.96 Crores |
| Balance Sheet Size FY20/21 | Rs 2621.79 Crores | Rs 105.96 Crores |
| Balance Sheet Size FY21/22 | Rs 2820.52 Crores | Rs 93.47 Crores |
| Balance Sheet Size FY22/23 | Rs 3029.25 Crores | Rs 105.07 Crores |
M.stock Securities and Swastika Investmart are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.
Yes, both M.stock Securities and Swastika Investmart provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers M.stock and Swastika Investmart for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both M.stock and Swastika Investmart are SEBI-registered brokers with good reputations. M.stock is known for its trading platforms, while Swastika Investmart is praised for cost-effective pricing.
Yes, both M.stock and Swastika Investmart offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
