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

Find a Comparison of Swastika Investmart vs Achiievers 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 Swastika Investmart and Achiievers.

Background

Year of Incorporation Swastika Investmart Ltd. (Formerly known as Swastika Fin-Lease Ltd.) in 1992 1999
Website https://www.swastika.co.in/ https://www.achiieversequitiesltd.com/
Phone 022-66330000 +91-33-6606-3000
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, & MCX
Demat (NSDL/CDSL) CDSL & NSDL CDSL
Brokerage

Equity 0.02% for Intraday & 0.2% for Delivery - Negotiable Rs 15 or 0.05% per executed order
Equity Futures 0.02% of Turnover - Negotiable Rs.15 per executed order
Equity Options Rs 25/lot Rs.15 per executed order
Currency Futures 0.02% of Turnover - Negotiable Rs.15 per executed order
Currency Options Rs 25/lot Rs.15 per executed order
Commodity 0.02% of Turnover - Negotiable Rs.15 per executed order
Account Opening Costs

Trading only NA Rs 750
Trading & Demat Rs.250 Rs 750
Commodity Rs.250 Rs 300
Transparency & other costs

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

Equity 0.00350% of Turnover 0.0035% of Turnover
Futures 0.0025% of Turnover 0.0039% of Turnover
Options 0.055% of Premium Turnover 0.075% of Premium Turnover
Commodities 0.0025% of Turnover 0.0046% of Turnover
AMC charge Rs.250 annually or Rs. 2000 for lifetime Free
DP Transaction Charge 0.04% with minimum Rs 20 Rs 12 + Rs 5.5 per scrip
Offline order placing Charge NIL Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on NOW 5 Days on NOW & 5 Day on ODIN (MCX)
End of Day 10years on NOW 10 years NOW & 5 years on ODIN (MCX)
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10 times intraday, 0 for Delivery (negotiable if turnover 1 Cr) Upto 2x for Delivery & Upto 5x for Intraday
Equity Futures Upto 7 times intraday leverage (negotiable if turnover 1 Cr) Upto 3x
Equity Options No leverage (negotiable if turnover 1 Cr) Upto 3x
Currency Futures No Leverage Upto 2x
Currency Options No Leverage Upto 2x
Commodity Upto 2 times for Intraday (negotiable if turnover 1 Cr) Upto 2x
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 1.07 Crores Rs 19 Lakhs
Profit after Tax FY12/13 Rs 1.67 Crores Rs 1.1 Lakh
Profit after Tax FY13/14 Rs 2.10 Crores Rs 1.9 Lakhs
Profit after Tax FY 14/15 Rs 3.50 Crores Rs 4.9 Lakhs
Profit after Tax FY 15/16 Rs 4.47 Crores Rs 5.3 Lakhs
Profit after Tax FY 16/17 Rs 5.07 Crores Rs 5.9 Lakhs
Profit after Tax FY 17/18 Rs 6.88 Crores Rs 22.18 Lakhs
Profit after Tax FY 18/19 Rs 7.98 Crores Rs 29.26 Lakhs
Profit after Tax FY 19/20 Rs 8.46 Crores Rs 38 Lakhs
Profit after Tax FY 20/21 Rs 9.25 Crores Rs 55 Lakhs
Profit after Tax FY 21/22 Rs 10.30 Crores Rs 70 Lakhs
Profit after Tax FY 22/23 Rs 11.32 Crores Rs 93 Lakhs
Debt FY11/12 Rs 19.5 Lakhs Rs 54.7 Lakhs
Debt FY12/13 Rs 23.9 Lakhs Rs 60.3 Lakhs
Debt FY13/14 Rs 24.2 Lakhs Rs 71.9 Lakhs
Debt FY14/15 Rs 28.48 Lakh Rs 1.5 Crores
Debt FY15/16 Rs 19.17 Lakh Rs 1.8 Crores
Debt FY16/17 Rs 25.69 Lakh Rs 2.1 Crores
Debt FY17/18 Rs 18.10 Lakh Rs 2.4 Crores
Debt FY18/19 Rs 32.14 Lakh Rs 2.7 Crores
Debt FY19/20 Rs 23.76 Lakh Rs 2.9 Crores
Debt FY20/21 Rs 33.72 Lakh Rs 3.3 Crores
Debt FY21/22 Rs 24.08 Lakh Rs 3.7 Crores
Debt FY22/23 Rs 24.59 Lakh Rs 4.1 Crores
Profit to Equity(%) FY11/12 15.34 10.35%
Profit to Equity(%) FY12/13 14.02 10.26%
Profit to Equity(%) FY13/14 14.25 12.41%
Profit to Equity(%) FY14/15 21.36 14.00%
Profit to Equity(%) FY15/16 20.90 18.45%
Profit to Equity(%) FY16/17 18.57 20.01%
Profit to Equity(%) FY17/18 19.71 21.45%
Profit to Equity(%) FY18/19 22.20 23.99%
Profit to Equity(%) FY19/20 19.69 26.17%
Profit to Equity(%) FY20/21 27.20 23.55%
Profit to Equity(%) FY21/22 27.20 24.98%
Profit to Equity(%) FY22/23 20.50 24.22%
Balance Sheet Size FY11/12 Rs 74.9 Crores Rs 7.23 Crores
Balance Sheet Size FY12/13 Rs 85.7 Crores Rs 8.81 Crores
Balance Sheet Size FY13/14 Rs 80.07 Crores Rs 13.6 Crores
Balance Sheet Size FY14/15 Rs 100.61 Crores Rs 17.1 Crores
Balance Sheet Size FY15/16 Rs 102.05 Crores Rs 17.55 Crores
Balance Sheet Size FY16/17 Rs 89.88 Crores Rs 17.87 Crores
Balance Sheet Size FY17/18 Rs 112.53 Crores Rs 18.25 Crores
Balance Sheet Size FY18/19 Rs 93.47 Crores Rs 18.99 Crores
Balance Sheet Size FY19/20 Rs 105.96 Crores Rs 19.23 Crores
Balance Sheet Size FY20/21 Rs 105.96 Crores Rs 19.75 Crores
Balance Sheet Size FY21/22 Rs 93.47 Crores Rs 19.99 Crores
Balance Sheet Size FY22/23 Rs 105.07 Crores Rs 20.43 Crores

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Frequently Asked Questions

Is Swastika Investmart better than Achiievers ?

Swastika Investmart and Achiievers 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 Achiievers better than Swastika Investmart ?

Swastika Investmart and Achiievers 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 cheaper than Achiievers ?

Swastika Investmart and Achiievers 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 Achiievers cheaper than Swastika Investmart ?

Swastika Investmart and Achiievers 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 Swastika Investmart vs. Achiievers ?

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