Elite Wealth Vs Swastika Investmart
Elite Wealth
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
Elite Wealth Vs Swastika Investmart - Broker Details
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 1992 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | N/A | 102+ |
| Brokerage | 0.03% | 0.03% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Elite Wealth Vs Swastika Investmart - Account Opening & AMC Charges
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method | 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 |
Elite Wealth Vs Swastika Investmart - Brokerage charges & Plans
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Commodity Futures | 0.03% | 0.03% per order |
| Currency Futures | 0.03% | 0.03% per order |
| Equity Delivery | 0.33% | 0.30% per order |
| Equity Options | ₹33 per Lot | ₹50 per lot |
| Commodity Options | 0.03% | ₹50 per lot |
| Equity Futures | 0.03% | 0.03% per order |
| Currency Options | ₹33 per Lot | ₹50 per lot |
| Fixed Charges | 0.03% | 0.03% per order |
| Equity Intraday | 0.03% | 0.03% per order |
Elite Wealth Vs Swastika Investmart - Other Charges
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | 0.03% | 0.03% per order |
| Minimum Brokerage | 0.03% | 0.03% per order |
Elite Wealth Vs Swastika Investmart - Transaction Charges
| Elite Wealth | 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: 0.00195% on Total Turnover value | NSE: 0.002% | BSE: 0.0005% |
| Equity Intraday | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE: 0.00345% | BSE: 0.003% |
| Equity Options | NSE: 0.053% on Premium value | NSE: 0.053% | BSE: 0.025% |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | 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: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE: 0.00345% | BSE: 0.003% |
Elite Wealth Vs Swastika Investmart - Margin (Exposure)
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 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 Normal margin (Span + exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
Elite Wealth Vs Swastika Investmart - Features
| Elite Wealth | 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 & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | 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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Elite Wealth Vs Swastika Investmart - Review & Rating
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Elite Wealth Vs Swastika Investmart - Request a call back from Broker
| Elite Wealth | Swastika Investmart | |
|---|---|---|
Elite Wealth Vs Swastika Investmart - Investment Options
| Elite Wealth | 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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Elite Wealth Vs Swastika Investmart - Order Type
| Elite Wealth | 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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Elite Wealth Vs Swastika Investmart - Research & Report
| Elite Wealth | 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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Elite Wealth Vs Swastika Investmart - Daily Market Report
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Swastika Investmart - Suitable For Investor
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Swastika Investmart - Pros & Cons
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Pros | 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days | 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. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. | 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. |
Elite Wealth Vs Swastika Investmart - Background
| Elite Wealth | Swastika Investmart | |
|---|---|---|
Elite Wealth Vs Swastika Investmart - Compare All Brokers
| Elite Wealth | Swastika Investmart | |
|---|---|---|
Elite Wealth Vs Swastika Investmart - STT/CTT
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 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 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% only on sell side |
Elite Wealth Vs Swastika Investmart - Demat transaction charges
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | N/A |
Elite Wealth Vs Swastika Investmart - GST
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Elite Wealth Vs Swastika Investmart - SEBI Charges
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Elite Wealth Vs Swastika Investmart - Account Opening & AMC Charges
Elite Wealth
Swastika Investmart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
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
Elite Wealth Vs Swastika Investmart
| Elite Wealth | Swastika Investmart | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
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
Elite Wealth Vs Swastika Investmart - Brokerage charges & Plans
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Commodity Futures | 0.03% | 0.03% per order |
| Currency Futures | 0.03% | 0.03% per order |
| Equity Delivery | 0.33% | 0.30% per order |
| Equity Options | ₹33 per Lot | ₹50 per lot |
| Commodity Options | 0.03% | ₹50 per lot |
| Equity Futures | 0.03% | 0.03% per order |
| Currency Options | ₹33 per Lot | ₹50 per lot |
| Fixed Charges | 0.03% | 0.03% per order |
| Equity Intraday | 0.03% | 0.03% per order |
Elite Wealth Vs Swastika Investmart - Margin (Exposure)
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure)) | 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 Normal margin (Span + exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + exposure)) | 1x (100% of Normal margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of Normal margin (Span + Exposure) |
Elite Wealth Vs Swastika Investmart - Other Charges
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | 0.03% | 0.03% per order |
| Minimum Brokerage | 0.03% | 0.03% per order |
Elite Wealth Vs Swastika Investmart - STT/CTT
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% only on sell |
| Equity Options | 0.05% on Sell (on Premium) | 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 % on Sell | 0.01% only on sell |
| Commodity Options | 0.05% on Sell Side | 0.05% only on sell side |
Elite Wealth Vs Swastika Investmart - Demat transaction charges
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | N/A |
Elite Wealth Vs Swastika Investmart - GST
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Elite Wealth Vs Swastika Investmart - SEBI Charges
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Elite Wealth Vs Swastika Investmart - Features
| Elite Wealth | Swastika Investmart | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | 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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