Shoonya by Finvasia vs Swastika Investmart – Compare Charges, Trading Features, Offers & more

Find a Comparison of Shoonya by Finvasia 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 Shoonya by Finvasia and Swastika Investmart.

Background

Year of Incorporation 2020 Swastika Investmart Ltd. (Formerly known as Swastika Fin-Lease Ltd.) in 1992
Website https://shoonya.com/ https://www.swastika.co.in/
Phone +91-172-474-0000 022-66330000
Exchanges enabled BSE, NSE, NCDEX, MCX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL CDSL & NSDL
Brokerage

Equity 0 0.02% for Intraday & 0.2% for Delivery - Negotiable
Equity Futures 0 0.02% of Turnover - Negotiable
Equity Options 0 Rs 25/lot
Currency Futures 0 0.02% of Turnover - Negotiable
Currency Options 0 Rs 25/lot
Commodity 0 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 0.00350% of Turnover
Futures 0 0.0025% of Turnover
Options 0 0.055% of Premium Turnover
Commodities 0 0.0025% of Turnover
AMC charge 0 Rs.250 annually or Rs. 2000 for lifetime
DP Transaction Charge Rs 9 + GST 0.04% with minimum Rs 20
Offline order placing Charge 0 NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 1x on Delivery & Upto 2x on Intraday Upto 10 times intraday, 0 for Delivery (negotiable if turnover 1 Cr)
Equity Futures Upto 1x Upto 7 times intraday leverage (negotiable if turnover 1 Cr)
Equity Options Upto 1.5x No leverage (negotiable if turnover 1 Cr)
Currency Futures Upto 1.2x No Leverage
Currency Options Upto 1.5x No Leverage
Commodity Upto 1.5x 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 0 Rs 1.07 Crores
Profit after Tax FY12/13 0 Rs 1.67 Crores
Profit after Tax FY13/14 0 Rs 2.10 Crores
Profit after Tax FY 14/15 0 Rs 3.50 Crores
Profit after Tax FY 15/16 0 Rs 4.47 Crores
Profit after Tax FY 16/17 0 Rs 5.07 Crores
Profit after Tax FY 17/18 0 Rs 6.88 Crores
Profit after Tax FY 18/19 0 Rs 7.98 Crores
Profit after Tax FY 19/20 Rs 140 Crores Rs 8.46 Crores
Profit after Tax FY 20/21 Rs 225.12 Crores Rs 9.25 Crores
Profit after Tax FY 21/22 Rs 248.93 Crores Rs 10.30 Crores
Profit after Tax FY 22/23 Rs 451.24 Crores Rs 11.32 Crores
Debt FY11/12 0 Rs 19.5 Lakhs
Debt FY12/13 0 Rs 23.9 Lakhs
Debt FY13/14 0 Rs 24.2 Lakhs
Debt FY14/15 0 Rs 28.48 Lakh
Debt FY15/16 0 Rs 19.17 Lakh
Debt FY16/17 0 Rs 25.69 Lakh
Debt FY17/18 0 Rs 18.10 Lakh
Debt FY18/19 0 Rs 32.14 Lakh
Debt FY19/20 Rs 5.31 Crores Rs 23.76 Lakh
Debt FY20/21 Rs 6.45 Crores Rs 33.72 Lakh
Debt FY21/22 Rs 7.63 Crores Rs 24.08 Lakh
Debt FY22/23 Rs 6.85 Crores Rs 24.59 Lakh
Profit to Equity(%) FY11/12 0 15.34
Profit to Equity(%) FY12/13 0 14.02
Profit to Equity(%) FY13/14 0 14.25
Profit to Equity(%) FY14/15 0 21.36
Profit to Equity(%) FY15/16 0 20.90
Profit to Equity(%) FY16/17 0 18.57
Profit to Equity(%) FY17/18 0 19.71
Profit to Equity(%) FY18/19 0 22.20
Profit to Equity(%) FY19/20 3.12% 19.69
Profit to Equity(%) FY20/21 2.75% 27.20
Profit to Equity(%) FY21/22 3.94% 27.20
Profit to Equity(%) FY22/23 4.31% 20.50
Balance Sheet Size FY11/12 0 Rs 74.9 Crores
Balance Sheet Size FY12/13 0 Rs 85.7 Crores
Balance Sheet Size FY13/14 0 Rs 80.07 Crores
Balance Sheet Size FY14/15 0 Rs 100.61 Crores
Balance Sheet Size FY15/16 0 Rs 102.05 Crores
Balance Sheet Size FY16/17 0 Rs 89.88 Crores
Balance Sheet Size FY17/18 0 Rs 112.53 Crores
Balance Sheet Size FY18/19 0 Rs 93.47 Crores
Balance Sheet Size FY19/20 Rs 1503 Crores Rs 105.96 Crores
Balance Sheet Size FY20/21 Rs 2314 Crores Rs 105.96 Crores
Balance Sheet Size FY21/22 Rs 3287.21 Crores Rs 93.47 Crores
Balance Sheet Size FY22/23 Rs 4821.39 Crores Rs 105.07 Crores

Comparison Link:

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Frequently Asked Questions

Is Shoonya by Finvasia better than Swastika Investmart ?

Shoonya by Finvasia 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 Shoonya by Finvasia ?

Shoonya by Finvasia 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 Shoonya by Finvasia cheaper than Swastika Investmart ?

Shoonya by Finvasia 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 Shoonya by Finvasia ?

Shoonya by Finvasia 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 Shoonya by Finvasia vs. Swastika Investmart ?

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