Swastika Investmart Vs IIFL Securities
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
IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Swastika Investmart Vs IIFL Securities - Broker Details
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1992 | 1995 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX and NCDEX |
| Branches | 102+ | 2000+ |
| Brokerage | 0.03% per order | ₹20/ Order |
| Broker Type | Full Service Broker | Full Service Broker |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Account Opening & AMC Charges
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| 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 | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards |
| Trading Account AMC | Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC | ₹0 (Free) |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Brokerage charges & Plans
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.03% per order | ₹20/ Order |
| Currency Futures | 0.03% per order | ₹20/ Order |
| Equity Delivery | 0.30% per order | ₹20/ Order |
| Equity Options | ₹50 per lot | ₹20/ Order |
| Commodity Options | ₹50 per lot | ₹20/ Order |
| Equity Futures | 0.03% per order | ₹20/ Order |
| Currency Options | ₹50 per lot | ₹20/ Order |
| Fixed Charges | 0.03% per order | ₹20/ Order |
| Equity Intraday | 0.03% per order | ₹20/ Order |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Other Charges
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | 0.03% per order | ₹20/ Order |
| Minimum Brokerage | 0.03% per order | ₹20/ Order |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Transaction Charges
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| 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% |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Margin (Exposure)
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Features
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| 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. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Review & Rating
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Request a call back from Broker
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Investment Options
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Order Type
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Research & Report
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| 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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| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Daily Market Report
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Suitable For Investor
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Pros & Cons
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| 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 that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD). |
| 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 since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds. |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Background
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Compare All Brokers
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - STT/CTT
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| 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 |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Demat transaction charges
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - GST
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - SEBI Charges
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Account Opening & AMC Charges
Swastika Investmart
IIFL Securities
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
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
Standard- ₹250/P.A. + GST | Pro-No AMC | Ultimate-No AMC
₹0 (Free)
Swastika Investmart Vs IIFL Securities
| Swastika Investmart | IIFL Securities | |
|---|---|---|
Swastika Investmart Review | Account Opening Charges, Brokerage, and Trading Platform |
IIFL Securities Review | Features and Brokerage PlansIIFL Securities is a part of IIFL Group. IIFL group was incorporated in the year 1995 while IIFL Securities was incorporated in the year 1996. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial s .. |
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IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Swastika Investmart Vs IIFL Securities - Brokerage charges & Plans
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Commodity Futures | 0.03% per order | ₹20/ Order |
| Currency Futures | 0.03% per order | ₹20/ Order |
| Equity Delivery | 0.30% per order | ₹20/ Order |
| Equity Options | ₹50 per lot | ₹20/ Order |
| Commodity Options | ₹50 per lot | ₹20/ Order |
| Equity Futures | 0.03% per order | ₹20/ Order |
| Currency Options | ₹50 per lot | ₹20/ Order |
| Fixed Charges | 0.03% per order | ₹20/ Order |
| Equity Intraday | 0.03% per order | ₹20/ Order |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Margin (Exposure)
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML 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 NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Swastika Investmart Vs IIFL Securities - Other Charges
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50/ Order |
| API Charges | ₹0 (Free) | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | 0.03% per order | ₹20/ Order |
| Minimum Brokerage | 0.03% per order | ₹20/ Order |
Swastika Investmart Vs IIFL Securities - STT/CTT
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| 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 IIFL Securities - Demat transaction charges
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Equity Demat Transaction Charges | N/A | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell |
Swastika Investmart Vs IIFL Securities - GST
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Swastika Investmart Vs IIFL Securities - SEBI Charges
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Swastika Investmart Vs IIFL Securities - Features
| Swastika Investmart | IIFL Securities | |
|---|---|---|
| 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. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal |
| SMS Alerts for Trades |
|
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| Direct Mutual Fund |
|
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| Call Back Open Account |