Find a Comparison of Swastika Investmart vs Upstox 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 Upstox.
| Year of Incorporation | Swastika Investmart Ltd. (Formerly known as Swastika Fin-Lease Ltd.) in 1992 | 2010 |
| Website | https://www.swastika.co.in/ | https://upstox.com/ |
| Phone | 022-66330000 | 022-41792999 |
| Exchanges enabled | NSE, BSE, MCX-SX, MCX & NCDEX | NSE, BSE & MCX |
| Demat (NSDL/CDSL) | CDSL & NSDL | CDSL |
| Equity | 0.02% for Intraday & 0.2% for Delivery - Negotiable | Rs 20 or 0.05% on Intraday & Rs 20 or 2.5% on Delivery |
| Equity Futures | 0.02% of Turnover - Negotiable | Rs 20 or 0.05% per executed order |
| Equity Options | Rs 25/lot | Rs 20 or 0.05% per executed order |
| Currency Futures | 0.02% of Turnover - Negotiable | Rs 20 or 0.05% per executed order |
| Currency Options | Rs 25/lot | Rs. 20 per lot |
| Commodity | 0.02% of Turnover - Negotiable | Rs 20 per executed order |
| Trading only | NA | Free |
| Trading & Demat | Rs.250 | Zero |
| Commodity | Rs.250 | Zero |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00350% of Turnover | 0.0035% on Turnover |
| Futures | 0.0025% of Turnover | 0.0021% on Turnover |
| Options | 0.055% of Premium Turnover | 0.059% on Premium Turnover |
| Commodities | 0.0025% of Turnover | 0.0036% on Turnover |
| AMC charge | Rs.250 annually or Rs. 2000 for lifetime | Zero |
| DP Transaction Charge | 0.04% with minimum Rs 20 | Rs 18.5 per debit transaction |
| Offline order placing Charge | NIL | Rs 25 per order placed on the phone |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | 5 Days on NOW | 22 days |
| End of Day | 10years on NOW | 10 years |
| Coding/Backtesting |  |
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| 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 10 times intraday, 0 for Delivery (negotiable if turnover 1 Cr) | Upto 5x on Intraday and Upto 1x on Delivery |
| Equity Futures | Upto 7 times intraday leverage (negotiable if turnover 1 Cr) | Upto 4x for intraday |
| Equity Options | No leverage (negotiable if turnover 1 Cr) | Buying no leverage, shorting upto 4x for intraday |
| Currency Futures | No Leverage | Upto 4x for intraday |
| Currency Options | No Leverage | Buying no leverage, shorting upto 4x for intraday |
| Commodity | Upto 2 times for Intraday (negotiable if turnover 1 Cr) | Upto 3x for intraday |
| 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 1.07 Crores | 0 |
| Profit after Tax FY12/13 | Rs 1.67 Crores | 0 |
| Profit after Tax FY13/14 | Rs 2.10 Crores | 0 |
| Profit after Tax FY 14/15 | Rs 3.50 Crores | 0 |
| Profit after Tax FY 15/16 | Rs 4.47 Crores | 0 |
| Profit after Tax FY 16/17 | Rs 5.07 Crores | 0 |
| Profit after Tax FY 17/18 | Rs 6.88 Crores | 0 |
| Profit after Tax FY 18/19 | Rs 7.98 Crores | 0 |
| Profit after Tax FY 19/20 | Rs 8.46 Crores | 0 |
| Profit after Tax FY 20/21 | Rs 9.25 Crores | 0 |
| Profit after Tax FY 21/22 | Rs 10.30 Crores | 0 |
| Profit after Tax FY 22/23 | Rs 11.32 Crores | Rs 25 Crores |
| Debt FY11/12 | Rs 19.5 Lakhs | 0 |
| Debt FY12/13 | Rs 23.9 Lakhs | 0 |
| Debt FY13/14 | Rs 24.2 Lakhs | Rs 15.38 Crores |
| Debt FY14/15 | Rs 28.48 Lakh | Rs 25.77 Crores |
| Debt FY15/16 | Rs 19.17 Lakh | Rs 52.13 Crores |
| Debt FY16/17 | Rs 25.69 Lakh | Rs 108.44 Crores |
| Debt FY17/18 | Rs 18.10 Lakh | Rs 112.87 Crores |
| Debt FY18/19 | Rs 32.14 Lakh | Rs 143.11 Crores |
| Debt FY19/20 | Rs 23.76 Lakh | Rs 193.56 Crores |
| Debt FY20/21 | Rs 33.72 Lakh | Rs 283.91 Crores |
| Debt FY21/22 | Rs 24.08 Lakh | Rs 374.18 Crores |
| Debt FY22/23 | Rs 24.59 Lakh | Rs 439.40 Crores |
| Profit to Equity(%) FY11/12 | 15.34 | 0 |
| Profit to Equity(%) FY12/13 | 14.02 | 0 |
| Profit to Equity(%) FY13/14 | 14.25 | 0 |
| Profit to Equity(%) FY14/15 | 21.36 | 0 |
| Profit to Equity(%) FY15/16 | 20.90 | 0 |
| Profit to Equity(%) FY16/17 | 18.57 | 0 |
| Profit to Equity(%) FY17/18 | 19.71 | 0 |
| Profit to Equity(%) FY18/19 | 22.20 | 1.99% |
| Profit to Equity(%) FY19/20 | 19.69 | 6.54% |
| Profit to Equity(%) FY20/21 | 27.20 | 8.01% |
| Profit to Equity(%) FY21/22 | 27.20 | 10.58% |
| Profit to Equity(%) FY22/23 | 20.50 | 11.15% |
| Balance Sheet Size FY11/12 | Rs 74.9 Crores | Rs 2316.23 Crores |
| Balance Sheet Size FY12/13 | Rs 85.7 Crores | Rs 2825.10 Crores |
| Balance Sheet Size FY13/14 | Rs 80.07 Crores | Rs 3532.97 Crores |
| Balance Sheet Size FY14/15 | Rs 100.61 Crores | Rs 4248.78 Crores |
| Balance Sheet Size FY15/16 | Rs 102.05 Crores | Rs 4349.94 Crores |
| Balance Sheet Size FY16/17 | Rs 89.88 Crores | Rs 4550.25 Crores |
| Balance Sheet Size FY17/18 | Rs 112.53 Crores | Rs 4858.87 Crores |
| Balance Sheet Size FY18/19 | Rs 93.47 Crores | Rs 5163.55 Crores |
| Balance Sheet Size FY19/20 | Rs 105.96 Crores | Rs 5375.90 Crores |
| Balance Sheet Size FY20/21 | Rs 105.96 Crores | Rs 5889.52 Crores |
| Balance Sheet Size FY21/22 | Rs 93.47 Crores | Rs 6005.55 Crores |
| Balance Sheet Size FY22/23 | Rs 105.07 Crores | Rs 6316.10 Crores |
Swastika Investmart Securities and Upstox 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 Swastika Investmart Securities and Upstox provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers Swastika Investmart and Upstox for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both Swastika Investmart and Upstox are SEBI-registered brokers with good reputations. Swastika Investmart is known for its trading platforms, while Upstox is praised for cost-effective pricing.
Yes, both Swastika Investmart and Upstox offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
