Upstox Vs Swastika Investmart
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
Swastika Investmart
Swastika Investmart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs Swastika Investmart - Broker Details
| Upstox | Swastika Investmart | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 1992 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 102+ |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | 0.03% per order |
| Broker Type | Discount Broker | Full Service Broker |
Upstox Vs Swastika Investmart - Account Opening & AMC Charges
| Upstox | Swastika Investmart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC |
| Trading Account AMC | ₹0 (Free) | Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC |
Upstox Vs Swastika Investmart - Brokerage charges & Plans
| Upstox | Swastika Investmart | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per order |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.30% per order |
| Equity Options | ₹20/ Order | ₹50 per lot |
| Commodity Options | ₹20/ Order | ₹50 per lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per order |
| Currency Options | ₹20/ Order | ₹50 per lot |
| Fixed Charges | ₹20/ Order | 0.03% per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per order |
Upstox Vs Swastika Investmart - Other Charges
| Upstox | Swastika Investmart | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 0.03% per order |
| Minimum Brokerage | ₹20/ Order | 0.03% per order |
Upstox Vs Swastika Investmart - Transaction Charges
| Upstox | Swastika Investmart | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | 0.035% of Premium Value in case of Option Segment |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | NSE: 0.002% | BSE: 0.0005% |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00345% | BSE: 0.003% |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | NSE: 0.053% | BSE: 0.025% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | 0.003100% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | 0.003100% |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | NSE: 0.00345% | BSE: 0.003% |
Upstox Vs Swastika Investmart - Margin (Exposure)
| Upstox | Swastika Investmart | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
Upstox Vs Swastika Investmart - Features
| Upstox | Swastika Investmart | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator | 1. Justrade Pro Software, 2. Justrade 2.0 App, 3. Justrade 2.0 Web |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Upstox Vs Swastika Investmart - Review & Rating
| Upstox | Swastika Investmart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs Swastika Investmart - Request a call back from Broker
| Upstox | Swastika Investmart | |
|---|---|---|
Upstox Vs Swastika Investmart - Investment Options
| Upstox | Swastika Investmart | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Upstox Vs Swastika Investmart - Order Type
| Upstox | Swastika Investmart | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Upstox Vs Swastika Investmart - Research & Report
| Upstox | Swastika Investmart | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Upstox Vs Swastika Investmart - Daily Market Report
| Upstox | Swastika Investmart | |
|---|---|---|
| Daily Market Reports & News |
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Upstox Vs Swastika Investmart - Suitable For Investor
| Upstox | Swastika Investmart | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Upstox Vs Swastika Investmart - Pros & Cons
| Upstox | Swastika Investmart | |
|---|---|---|
| Pros | 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. | 1. Swastika Investmart offers competitive brokerage rates, 2. They provide a wide range of investment options and financial products, 3. Swastika Investmart offers robust research and analysis services, 4. They have a strong presence and reputation in the industry, 5. Swastika Investmart offers personalized customer support and assistance. |
| Cons | 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. | 1. Swastika Investmart may have higher account opening fees or maintenance charges, 2. They might have limited availability in certain regions or cities, 3. Swastika Investmart may have higher brokerage charges for certain investment options, 4. They might have limited educational resources or investor education programs, 5. Swastika Investmart may not offer advanced trading tools or features compared to other brokers. |
Upstox Vs Swastika Investmart - Background
| Upstox | Swastika Investmart | |
|---|---|---|
Upstox Vs Swastika Investmart - Compare All Brokers
| Upstox | Swastika Investmart | |
|---|---|---|
Upstox Vs Swastika Investmart - STT/CTT
| Upstox | Swastika Investmart | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% only on sell side |
Upstox Vs Swastika Investmart - Demat transaction charges
| Upstox | Swastika Investmart | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | N/A |
Upstox Vs Swastika Investmart - GST
| Upstox | Swastika Investmart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Upstox Vs Swastika Investmart - SEBI Charges
| Upstox | Swastika Investmart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Upstox Vs Swastika Investmart - Account Opening & AMC Charges
Upstox
Swastika Investmart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC
Trading Account AMC
₹0 (Free)
Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC
Upstox Vs Swastika Investmart
| Upstox | Swastika Investmart | |
|---|---|---|
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
Swastika Investmart Review | Account Opening Charges, Brokerage, and Trading Platform |
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Swastika Investmart
Swastika Investmart Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Upstox Vs Swastika Investmart - Brokerage charges & Plans
| Upstox | Swastika Investmart | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per order |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per order |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.30% per order |
| Equity Options | ₹20/ Order | ₹50 per lot |
| Commodity Options | ₹20/ Order | ₹50 per lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per order |
| Currency Options | ₹20/ Order | ₹50 per lot |
| Fixed Charges | ₹20/ Order | 0.03% per order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.03% per order |
| Call Back Open Account |
Upstox Vs Swastika Investmart - Margin (Exposure)
| Upstox | Swastika Investmart | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of Normal margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure) |
| Call Back Open Account |
Upstox Vs Swastika Investmart - Other Charges
| Upstox | Swastika Investmart | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | (₹50 + GST) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | 0.03% per order |
| Minimum Brokerage | ₹20/ Order | 0.03% per order |
Upstox Vs Swastika Investmart - STT/CTT
| Upstox | Swastika Investmart | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% on sell trade | 0.05% only on sell side |
Upstox Vs Swastika Investmart - Demat transaction charges
| Upstox | Swastika Investmart | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | N/A |
Upstox Vs Swastika Investmart - GST
| Upstox | Swastika Investmart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Upstox Vs Swastika Investmart - SEBI Charges
| Upstox | Swastika Investmart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Upstox Vs Swastika Investmart - Features
| Upstox | Swastika Investmart | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
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| Referral Program |
|
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| Collateral Margin |
|
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator | 1. Justrade Pro Software, 2. Justrade 2.0 App, 3. Justrade 2.0 Web |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |