Swastika Investmart Vs 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
Swastika Investmart Vs Elite Wealth - Broker Details
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1992 | 1990 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 102+ | N/A |
| Brokerage | 0.03% per order | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
Swastika Investmart Vs Elite Wealth - Account Opening & AMC Charges
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method |
| Trading Account AMC | Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC | ₹0 (Free) |
Swastika Investmart Vs Elite Wealth - Brokerage charges & Plans
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.03% per order | 0.03% |
| Currency Futures | 0.03% per order | 0.03% |
| Equity Delivery | 0.30% per order | 0.33% |
| Equity Options | ₹50 per lot | ₹33 per Lot |
| Commodity Options | ₹50 per lot | 0.03% |
| Equity Futures | 0.03% per order | 0.03% |
| Currency Options | ₹50 per lot | ₹33 per Lot |
| Fixed Charges | 0.03% per order | 0.03% |
| Equity Intraday | 0.03% per order | 0.03% |
Swastika Investmart Vs Elite Wealth - Other Charges
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| 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% per order | 0.03% |
| Minimum Brokerage | 0.03% per order | 0.03% |
Swastika Investmart Vs Elite Wealth - Transaction Charges
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Currency Options | 0.035% of Premium Value in case of Option Segment | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | NSE: 0.002% | BSE: 0.0005% | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | NSE: 0.00345% | BSE: 0.003% | 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% |
| Equity Options | NSE: 0.053% | BSE: 0.025% | NSE: 0.053% on Premium value |
| Commodity | 0.003100% | 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 |
| Currency Futures | 0.003100% | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.003% | 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% |
Swastika Investmart Vs Elite Wealth - Margin (Exposure)
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| 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)) |
Swastika Investmart Vs Elite Wealth - Features
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Justrade Pro Software, 2. Justrade 2.0 App, 3. Justrade 2.0 Web | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Swastika Investmart Vs Elite Wealth - Review & Rating
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Swastika Investmart Vs Elite Wealth - Request a call back from Broker
| Swastika Investmart | Elite Wealth | |
|---|---|---|
Swastika Investmart Vs Elite Wealth - Investment Options
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| 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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Swastika Investmart Vs Elite Wealth - Order Type
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| 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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Swastika Investmart Vs Elite Wealth - Research & Report
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| 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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Swastika Investmart Vs Elite Wealth - Daily Market Report
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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Swastika Investmart Vs Elite Wealth - Suitable For Investor
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Swastika Investmart Vs Elite Wealth - Pros & Cons
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Pros | 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. | 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 |
| Cons | 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. | 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. |
Swastika Investmart Vs Elite Wealth - Background
| Swastika Investmart | Elite Wealth | |
|---|---|---|
Swastika Investmart Vs Elite Wealth - Compare All Brokers
| Swastika Investmart | Elite Wealth | |
|---|---|---|
Swastika Investmart Vs Elite Wealth - STT/CTT
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% 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 % on Sell |
| Commodity Options | 0.05% only on sell side | 0.05% on Sell Side |
Swastika Investmart Vs Elite Wealth - Demat transaction charges
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | No Charges |
Swastika Investmart Vs Elite Wealth - GST
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Swastika Investmart Vs Elite Wealth - SEBI Charges
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Swastika Investmart Vs Elite Wealth - Account Opening & AMC Charges
Swastika Investmart
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC
₹0 (Free)
Swastika Investmart Vs Elite Wealth
| Swastika Investmart | Elite Wealth | |
|---|---|---|
Swastika Investmart Review | Account Opening Charges, Brokerage, and Trading Platform |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
Swastika Investmart Vs Elite Wealth - Brokerage charges & Plans
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.03% per order | 0.03% |
| Currency Futures | 0.03% per order | 0.03% |
| Equity Delivery | 0.30% per order | 0.33% |
| Equity Options | ₹50 per lot | ₹33 per Lot |
| Commodity Options | ₹50 per lot | 0.03% |
| Equity Futures | 0.03% per order | 0.03% |
| Currency Options | ₹50 per lot | ₹33 per Lot |
| Fixed Charges | 0.03% per order | 0.03% |
| Equity Intraday | 0.03% per order | 0.03% |
Swastika Investmart Vs Elite Wealth - Margin (Exposure)
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| 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)) |
Swastika Investmart Vs Elite Wealth - Other Charges
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| 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% per order | 0.03% |
| Minimum Brokerage | 0.03% per order | 0.03% |
Swastika Investmart Vs Elite Wealth - STT/CTT
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% 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 % on Sell |
| Commodity Options | 0.05% only on sell side | 0.05% on Sell Side |
Swastika Investmart Vs Elite Wealth - Demat transaction charges
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | No Charges |
Swastika Investmart Vs Elite Wealth - GST
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Swastika Investmart Vs Elite Wealth - SEBI Charges
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Swastika Investmart Vs Elite Wealth - Features
| Swastika Investmart | Elite Wealth | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Justrade Pro Software, 2. Justrade 2.0 App, 3. Justrade 2.0 Web | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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