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

Find a Comparison of Swastika Investmart vs Interactive Brokers 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 Interactive Brokers.

Background

Year of Incorporation Swastika Investmart Ltd. (Formerly known as Swastika Fin-Lease Ltd.) in 1992 1977
Website https://www.swastika.co.in/ https://www.interactivebrokers.co.in/en/home.php
Phone 022-66330000 +91 22-61289888
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE (plus over 100 market centers across 24 countries).
Demat (NSDL/CDSL) CDSL & NSDL NSDL
Brokerage

Equity 0.02% for Intraday & 0.2% for Delivery - Negotiable 0.05% per Executed Order
Equity Futures 0.02% of Turnover - Negotiable 0.01% per Executed Order
Equity Options Rs 25/lot Rs 25 per lot per
Currency Futures 0.02% of Turnover - Negotiable 0.01% per Executed Order
Currency Options Rs 25/lot 0.01% per Executed Order
Commodity 0.02% of Turnover - Negotiable Rs 50 per lot per
Account Opening Costs

Trading only NA Rs 0
Trading & Demat Rs.250 Rs 400
Commodity Rs.250 Not Available
Transparency & other costs

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

Equity 0.00350% of Turnover 0.00325%
Futures 0.0025% of Turnover 0.0019 %
Options 0.055% of Premium Turnover 0.05%
Commodities 0.0025% of Turnover Not available
AMC charge Rs.250 annually or Rs. 2000 for lifetime NIL
DP Transaction Charge 0.04% with minimum Rs 20 NIL
Offline order placing Charge NIL Rs 1500 per order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on NOW 22 Days
End of Day 10years on NOW 1 Year
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) 2x intraday and overnight leverage
Equity Futures Upto 7 times intraday leverage (negotiable if turnover 1 Cr) Upto 2x for Intraday
Equity Options No leverage (negotiable if turnover 1 Cr) Buying 0 & Shorting upto 2x for Intraday
Currency Futures No Leverage Upto 2x for Intraday
Currency Options No Leverage Buying 0 & Shorting upto 2x for Intraday
Commodity Upto 2 times for Intraday (negotiable if turnover 1 Cr) Not Available
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 104.1 Crores
Profit after Tax FY12/13 Rs 1.67 Crores Rs 63.01 Crores
Profit after Tax FY13/14 Rs 2.10 Crores Rs 64.75 Crores
Profit after Tax FY 14/15 Rs 3.50 Crores Rs 74.30 Crores
Profit after Tax FY 15/16 Rs 4.47 Crores Rs 89.41 Crores
Profit after Tax FY 16/17 Rs 5.07 Crores Rs 79.38 Crores
Profit after Tax FY 17/18 Rs 6.88 Crores Rs 79.67 Crores
Profit after Tax FY 18/19 Rs 7.98 Crores Rs 93.62 Crores
Profit after Tax FY 19/20 Rs 8.46 Crores Rs 89.06 Crores
Profit after Tax FY 20/21 Rs 9.25 Crores Rs 99.53 Crores
Profit after Tax FY 21/22 Rs 10.30 Crores Rs 85.24 Crores
Profit after Tax FY 22/23 Rs 11.32 Crores Rs 78.27 Crores
Debt FY11/12 Rs 19.5 Lakhs Rs 17.67 Crores
Debt FY12/13 Rs 23.9 Lakhs Rs 13.43 Crores
Debt FY13/14 Rs 24.2 Lakhs Rs 21.88 Crores
Debt FY14/15 Rs 28.48 Lakh Rs 21.05 Crores
Debt FY15/16 Rs 19.17 Lakh Rs 23.05 Crores
Debt FY16/17 Rs 25.69 Lakh Rs 22.53 Crores
Debt FY17/18 Rs 18.10 Lakh Rs 22.09 Crores
Debt FY18/19 Rs 32.14 Lakh Rs 23.67 Crores
Debt FY19/20 Rs 23.76 Lakh Rs 21.41 Crores
Debt FY20/21 Rs 33.72 Lakh Rs 24.02 Crores
Debt FY21/22 Rs 24.08 Lakh Rs 27.09 Crores
Debt FY22/23 Rs 24.59 Lakh Rs 21.78 Crores
Profit to Equity(%) FY11/12 15.34 14.94
Profit to Equity(%) FY12/13 14.02 7.29
Profit to Equity(%) FY13/14 14.25 9.71
Profit to Equity(%) FY14/15 21.36 9.01
Profit to Equity(%) FY15/16 20.90 9.64
Profit to Equity(%) FY16/17 18.57 10.04
Profit to Equity(%) FY17/18 19.71 10.14
Profit to Equity(%) FY18/19 22.20 11.34
Profit to Equity(%) FY19/20 19.69 13.24
Profit to Equity(%) FY20/21 27.20 12.52
Profit to Equity(%) FY21/22 27.20 17.85
Profit to Equity(%) FY22/23 20.50 14.56
Balance Sheet Size FY11/12 Rs 74.9 Crores Rs 908 Crores
Balance Sheet Size FY12/13 Rs 85.7 Crores Rs 977 Crores
Balance Sheet Size FY13/14 Rs 80.07 Crores Rs 990.08 Crores
Balance Sheet Size FY14/15 Rs 100.61 Crores Rs 968.51 Crores
Balance Sheet Size FY15/16 Rs 102.05 Crores Rs 1071.18 Crores
Balance Sheet Size FY16/17 Rs 89.88 Crores Rs 1098.72 Crores
Balance Sheet Size FY17/18 Rs 112.53 Crores Rs 1110.91 Crores
Balance Sheet Size FY18/19 Rs 93.47 Crores Rs 1095.94 Crores
Balance Sheet Size FY19/20 Rs 105.96 Crores Rs 1369.20 Crores
Balance Sheet Size FY20/21 Rs 105.96 Crores Rs 1391.66 Crores
Balance Sheet Size FY21/22 Rs 93.47 Crores Rs 1293.62 Crores
Balance Sheet Size FY22/23 Rs 105.07 Crores Rs 1627.43 Crores

Comparison Link:

Compare Swastika Investmart Compare Interactive Brokers
Swastika Investmart Vs Punch Trade Interactive Brokers Vs Punch Trade
Swastika Investmart Vs BlinkX Interactive Brokers Vs BlinkX
Swastika Investmart Vs Lemonn Interactive Brokers Vs Lemonn
Swastika Investmart Vs Mandot Securities Interactive Brokers Vs Mandot Securities
Swastika Investmart Vs HDFC Sky Interactive Brokers Vs HDFC Sky
Swastika Investmart Vs Dhan Interactive Brokers Vs Dhan
Swastika Investmart Vs Goodwill Wealth Interactive Brokers Vs Goodwill Wealth
Swastika Investmart Vs Shoonya by Finvasia Interactive Brokers Vs Shoonya by Finvasia
Swastika Investmart Vs NJ Wealth Interactive Brokers Vs NJ Wealth
Swastika Investmart Vs Paytm Money Interactive Brokers Vs Paytm Money
Swastika Investmart Vs Globe Capital Interactive Brokers Vs Globe Capital
Swastika Investmart Vs Finvasia Interactive Brokers Vs Finvasia
Swastika Investmart Vs Cholamandalam Securities Interactive Brokers Vs Cholamandalam Securities
Swastika Investmart Vs Canara Bank Interactive Brokers Vs Canara Bank
Swastika Investmart Vs Axis Direct Interactive Brokers Vs Axis Direct
Swastika Investmart Vs Alice Blue Interactive Brokers Vs Alice Blue
Swastika Investmart Vs 5Paisa Interactive Brokers Vs 5Paisa
Swastika Investmart Vs M.stock Interactive Brokers Vs M.stock
Swastika Investmart Vs WisdomCapital Interactive Brokers Vs WisdomCapital
Swastika Investmart Vs Way2wealth Interactive Brokers Vs Way2wealth
Swastika Investmart Vs Ventura Securities Interactive Brokers Vs Ventura Securities
Swastika Investmart Vs Navia Markets Ltd Interactive Brokers Vs Navia Markets Ltd
Swastika Investmart Vs Tradejini Interactive Brokers Vs Tradejini
Swastika Investmart Vs Tata Securities Interactive Brokers Vs Tata Securities
Swastika Investmart Vs SMC Global Interactive Brokers Vs SMC Global
Swastika Investmart Vs SBICAP Securities Interactive Brokers Vs SBICAP Securities
Swastika Investmart Vs SASOnline Interactive Brokers Vs SASOnline
Swastika Investmart Vs Samco securities Interactive Brokers Vs Samco securities
Swastika Investmart Vs RK Global Interactive Brokers Vs RK Global
Swastika Investmart Vs Reliance Securities Interactive Brokers Vs Reliance Securities
Swastika Investmart Vs Nirmal Bang Interactive Brokers Vs Nirmal Bang
Swastika Investmart Vs Master Trust Capital Interactive Brokers Vs Master Trust Capital
Swastika Investmart Vs Kotak Securities Interactive Brokers Vs Kotak Securities
Swastika Investmart Vs IIFL Securities Interactive Brokers Vs IIFL Securities
Swastika Investmart Vs Dhani Interactive Brokers Vs Dhani
Swastika Investmart Vs IDBI Capital Interactive Brokers Vs IDBI Capital
Swastika Investmart Vs HDFC Securities Interactive Brokers Vs HDFC Securities
Swastika Investmart Vs Geojit Interactive Brokers Vs Geojit
Swastika Investmart Vs Fyers Securities Interactive Brokers Vs Fyers Securities
Swastika Investmart Vs Edelweiss Capital Interactive Brokers Vs Edelweiss Capital
Swastika Investmart Vs Easytradez Interactive Brokers Vs Easytradez
Swastika Investmart Vs Rupeezy Interactive Brokers Vs Rupeezy
Swastika Investmart Vs Anand Rathi Interactive Brokers Vs Anand Rathi
Swastika Investmart Vs Aditya Birla Money Interactive Brokers Vs Aditya Birla Money
Swastika Investmart Vs Achiievers Interactive Brokers Vs Achiievers
Swastika Investmart Vs Angel One Interactive Brokers Vs Angel One
Swastika Investmart Vs Motilal Oswal Interactive Brokers Vs Motilal Oswal
Swastika Investmart Vs ICICI Direct Interactive Brokers Vs ICICI Direct
Swastika Investmart Vs Sharekhan Interactive Brokers Vs Sharekhan
Swastika Investmart Vs Groww Interactive Brokers Vs Groww
Swastika Investmart Vs Tradesmart Online Interactive Brokers Vs Tradesmart Online
Swastika Investmart Vs Upstox Interactive Brokers Vs Upstox
Swastika Investmart Vs Zerodha Interactive Brokers Vs Zerodha

Frequently Asked Questions

Is Swastika Investmart better than Interactive Brokers ?

Swastika Investmart and Interactive Brokers 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 Interactive Brokers better than Swastika Investmart ?

Swastika Investmart and Interactive Brokers 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 Interactive Brokers ?

Swastika Investmart and Interactive Brokers 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 Interactive Brokers cheaper than Swastika Investmart ?

Swastika Investmart and Interactive Brokers 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. Interactive Brokers ?

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