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Stoxkart Vs Swastika Investmart – A General Comparison Between The Stock Broking Services

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Stoxkart VS Swastika Investmart Comparison:

Stoxkart

Stoxkart, an Indian Stock Broking giant, provides services in stock, commodities, currency, equity, and derivatives. It initially started in the Delhi region and has now a no. of service centers and sub-brokers across the country.

It has two apps by the name of Stoxkart Classic and Stoxkart Pro, which provide online assistance and trading. It also has a branch called Stoxmf, operating only in mutual funds.

Swastika Investmart

Swastika Investmart Ltd, also known as Swastika Fin-Lease Ltd was initially started in the year 1992. It has memberships in CSDL and NSDL and also provide services under NSE and BSE.

It operates in the commodity, stock, and equity sections of the market. There are both Trading and Demat account opening charges and also annual maintenance charges of this firm.

Let’s have a detailed look at both of them.

Overview

StoxkartSwastika Investmart
Logostoxkart brokerageSwastika Investmart
Website URLwww.stoxkart.comwww.swastika.co.in
About the brokerStoxkart, an Indian Stock Broking giant, provides services in stock, commodities, currency, equity and derivatives. It initially started in the Delhi region and has a now a no. of service centres and sub-brokers across the country.Swastika Investmart Ltd, also known as Swastika Fin-Lease Ltd was initially started in the year 1992. It has memberships in CSDL and NSDL and also provide services under NSE and BSE.
Type of BrokerDiscount BrokerFull-service Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE, MCX-SX, MCX, NCDEX
Year of Incorporation20191992
Number of Branches2 branches & 12 partner offices31
Stoxkart Vs Swastika Investmart Review
Stoxkart Vs Swastika Investmart Review

Stoxkart & Swastika Investmart Charges

StoxkartSwastika Investmart
Trading Account Opening Fees₹500₹250
Trading Account AMC₹300₹0
Demat Account Opening Fees₹354₹250
Demat Account AMC₹300₹0
Demat Account is Mandatory?NoNo

Stoxkart VS Swastika Investmart Brokerage

Stoxkart BrokerageSwastika Investmart Brokerage
Account TypeSingle Plan
Equity Delivery Brokerage₹00.2% -Negotiable
Equity Intraday Brokerage₹15 per executed trade0.02%-Negotiable
Equity Futures Brokerage₹30 per executed trade0.02%-Negotiable
Equity Options Brokerage₹30 per executed trade₹25 per lot
Currency Options Trading Brokerage₹30 per executed trade₹25 per lot
Commodity Futures Trading Brokerage₹30 per executed trade0.02% -Negotiable
Commodity Options Trading Brokerage₹30 per executed trade
Special Offer

Taxes & other Government Charges

StoxkartSwastika Investmart
Securities Transaction Tax (STT)0.0126% of total turnoverEquity Intraday 0.025% (on Sell trade)
Equity Delivery 0.1% (on Buy and Sell)
Equity Futures 0.01% (on Sell trade)
Equity Options 0.05% (on Sell trade premium) or 0.125% (on exercised options)
Currency Futures Nil
Currency Options Nil
Commodities 0.01% on sell side (Non-Agri)
SEBI Charges₹15 per Cr.₹15 per Cr.
Goods and Services Tax (GST)18% on brokerage + transaction charges18% on brokerage + transaction charges
Stamp DutyAs per the Client’s state of correspondence.As per the Client’s state of correspondence.

Stoxkart or Swastika Investmart Margin / Exposure

Stoxkart MarginSwastika Investmart
Margin
Equity DeliveryUp to 2X
Equity IntradayUp to 25xUp to 6X
Equity FuturesUp to 2.5xUp to 3X
Equity OptionsUp to 7xUp to 5X
Currency FuturesUp to 2.5xUp to 2X
Currency OptionsUp to 2xUp to 2X
Commodity FuturesUp to 2.5xUp to 2X
Commodity Options

Stoxkart VS Swastika Investmart Feature Comparison

StoxkartSwastika Investmart
3 in 1 AccountNoNo
ChartingYesYes
SMS AlertsYesYes
Online DemoNoYes
Online PortfolioYesYes
Margin Trading Funding AvailableYes
Trading PlatformStoxkart DesktopJustrade Pro,
ShowMyPC,
Ammyy Admin
Overall Review3.2 /52.8 / 5 

Stoxkart VS Swastika Investmart Investment Options

StoxkartSwastika Investmart
Stock / EquityYesYes
CommodityYesYes
CurrencyYesYes
Initial Public Offers (IPO)NoNo
Mutual FundsNoYes
Bond / NCDNoYes
DebtNoNo
Other Investment OptionsYesYes

Stoxkart or Swastika Investmart Research Report

StoxkartSwastika Investmart
Daily Market ReportNoYes
Free TipsYesYes
open swastika Investmart demat account
Open Swastika Investmart Demat Account

Stoxkart VS Swastika Investmart for Investor Type

StoxkartSwastika Investmart
Casual InvestorNoNo
Active InvestorYesYes
TraderYesYes

Stoxkart VS Swastika Investmart Risks & Benefits  

StoxkartSwastika Investmart
BenefitsPay only on earning.
Detailed research reports.
High intraday exposure.
Quite an old company in stockbroking.
Research is free.
Online trading is easy.
No AMC.
RisksImprovement needed in Trading platforms.
A quite costly account opening charges.
3 in 1 account not available.
3 in 1 account not available.
Chargeable Demat Account. 
Technology needs improvements.
Open Stoxkart Demat Account
Open Stoxkart Demat Account

Final words

Thus, this article helps our customers to verify and compare the policies of Stoxkart and Swastika Investmart, the two discount stock brokerage services. 

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The open market is always risky, that’s why, before investing money into these firms, always have good knowledge of the risks and policies. Only then, invest money for super returns. Happy money-making to you.

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