HDFC Sky vs Swastika Investmart – Compare Charges, Trading Features, Offers & more

Find a Comparison of HDFC Sky vs Swastika Investmart here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of HDFC Sky and Swastika Investmart.

Background

Year of Incorporation 2000 Swastika Investmart Ltd. (Formerly known as Swastika Fin-Lease Ltd.) in 1992
Website https://hdfcsky.com/ https://www.swastika.co.in/
Phone 022-68494702 022-66330000
Exchanges enabled BSE, NSE, MSEI, MCX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL and NSDL CDSL & NSDL
Brokerage

Equity Rs 20 or 2.5% (Whichever is low) for both Intraday & Delivery 0.02% for Intraday & 0.2% for Delivery - Negotiable
Equity Futures Rs 20 or 2.5% (Whichever is low) 0.02% of Turnover - Negotiable
Equity Options Rs 20 per executed order Rs 25/lot
Currency Futures Rs 20 or 2.5% (Whichever is low) 0.02% of Turnover - Negotiable
Currency Options Rs 20 per executed order Rs 25/lot
Commodity Rs 20 per executed order 0.02% of Turnover - Negotiable
Account Opening Costs

Trading only Free NA
Trading & Demat Free Rs.250
Commodity Free Rs.250
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.1% on Buy & Sell 0.00350% of Turnover
Futures 0.0125% on Sell side 0.0025% of Turnover
Options 0.0625% on Sell side 0.055% of Premium Turnover
Commodities 0.0625% on Sell side 0.0025% of Turnover
AMC charge Rs 240 per year Rs.250 annually or Rs. 2000 for lifetime
DP Transaction Charge Rs 20 0.04% with minimum Rs 20
Offline order placing Charge Nil NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 5 Days on NOW
End of Day 5 Years 10years on NOW
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday Upto 10 times intraday, 0 for Delivery (negotiable if turnover 1 Cr)
Equity Futures 1x Upto 7 times intraday leverage (negotiable if turnover 1 Cr)
Equity Options Upto 1.3x for Intraday No leverage (negotiable if turnover 1 Cr)
Currency Futures 1x No Leverage
Currency Options Upto 2x No Leverage
Commodity Upto 1.3x for Intraday Upto 2 times for Intraday (negotiable if turnover 1 Cr)
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 34 Crores Rs 1.07 Crores
Profit after Tax FY12/13 Rs 46 Crores Rs 1.67 Crores
Profit after Tax FY13/14 Rs 58.5 Crores Rs 2.10 Crores
Profit after Tax FY 14/15 Rs 70.56 Crores Rs 3.50 Crores
Profit after Tax FY 15/16 Rs 86.18 Crores Rs 4.47 Crores
Profit after Tax FY 16/17 Rs 93.16 Crores Rs 5.07 Crores
Profit after Tax FY 17/18 Rs 93.75 Crores Rs 6.88 Crores
Profit after Tax FY 18/19 Rs 92.16 Crores Rs 7.98 Crores
Profit after Tax FY 19/20 Rs 101.04 Crores Rs 8.46 Crores
Profit after Tax FY 20/21 Rs 106.38 Crores Rs 9.25 Crores
Profit after Tax FY 21/22 Rs 114.11 Crores Rs 10.30 Crores
Profit after Tax FY 22/23 Rs 117.88 Crores Rs 11.32 Crores
Debt FY11/12 Rs 18.04 Crores Rs 19.5 Lakhs
Debt FY12/13 Rs 12.77 Crores Rs 23.9 Lakhs
Debt FY13/14 Rs 18.41 Crores Rs 24.2 Lakhs
Debt FY14/15 Rs 19.90 Crores Rs 28.48 Lakh
Debt FY15/16 Rs 20.45 Crores Rs 19.17 Lakh
Debt FY16/17 Rs 21.47 Crores Rs 25.69 Lakh
Debt FY17/18 Rs 24.55 Crores Rs 18.10 Lakh
Debt FY18/19 Rs 20.35 Crores Rs 32.14 Lakh
Debt FY19/20 Rs 17.85 Crores Rs 23.76 Lakh
Debt FY20/21 Rs 28.15 Crores Rs 33.72 Lakh
Debt FY21/22 Rs 17.34 Crores Rs 24.08 Lakh
Debt FY22/23 Rs 16.41 Crores Rs 24.59 Lakh
Profit to Equity(%) FY11/12 11.12% 15.34
Profit to Equity(%) FY12/13 14.48% 14.02
Profit to Equity(%) FY13/14 16.37% 14.25
Profit to Equity(%) FY14/15 19.95% 21.36
Profit to Equity(%) FY15/16 21.78% 20.90
Profit to Equity(%) FY16/17 21.14% 18.57
Profit to Equity(%) FY17/18 23.12% 19.71
Profit to Equity(%) FY18/19 25.83% 22.20
Profit to Equity(%) FY19/20 25.58% 19.69
Profit to Equity(%) FY20/21 28.36% 27.20
Profit to Equity(%) FY21/22 31.98% 27.20
Profit to Equity(%) FY22/23 34.21% 20.50
Balance Sheet Size FY11/12 Rs 2555.02 Crores Rs 74.9 Crores
Balance Sheet Size FY12/13 Rs 2642.34 Crores Rs 85.7 Crores
Balance Sheet Size FY13/14 Rs 2467.69 Crores Rs 80.07 Crores
Balance Sheet Size FY14/15 Rs 3054.50 Crores Rs 100.61 Crores
Balance Sheet Size FY15/16 Rs 3467.89 Crores Rs 102.05 Crores
Balance Sheet Size FY16/17 Rs 3944.09 Crores Rs 89.88 Crores
Balance Sheet Size FY17/18 Rs 4072.42 Crores Rs 112.53 Crores
Balance Sheet Size FY18/19 Rs 4641.82 Crores Rs 93.47 Crores
Balance Sheet Size FY19/20 Rs 4934.50 Crores Rs 105.96 Crores
Balance Sheet Size FY20/21 Rs 5174.08 Crores Rs 105.96 Crores
Balance Sheet Size FY21/22 Rs 5438.13 Crores Rs 93.47 Crores
Balance Sheet Size FY22/23 Rs 5549.67 Crores Rs 105.07 Crores

Comparison Link:

Compare HDFC Sky Compare Swastika Investmart
HDFC Sky Vs Punch Trade Swastika Investmart Vs Punch Trade
HDFC Sky Vs BlinkX Swastika Investmart Vs BlinkX
HDFC Sky Vs Lemonn Swastika Investmart Vs Lemonn
HDFC Sky Vs Mandot Securities Swastika Investmart Vs Mandot Securities
HDFC Sky Vs Dhan Swastika Investmart Vs Dhan
HDFC Sky Vs Goodwill Wealth Swastika Investmart Vs Goodwill Wealth
HDFC Sky Vs Shoonya by Finvasia Swastika Investmart Vs Shoonya by Finvasia
HDFC Sky Vs NJ Wealth Swastika Investmart Vs NJ Wealth
HDFC Sky Vs Paytm Money Swastika Investmart Vs Paytm Money
HDFC Sky Vs Globe Capital Swastika Investmart Vs Globe Capital
HDFC Sky Vs Finvasia Swastika Investmart Vs Finvasia
HDFC Sky Vs Cholamandalam Securities Swastika Investmart Vs Cholamandalam Securities
HDFC Sky Vs Canara Bank Swastika Investmart Vs Canara Bank
HDFC Sky Vs Axis Direct Swastika Investmart Vs Axis Direct
HDFC Sky Vs Alice Blue Swastika Investmart Vs Alice Blue
HDFC Sky Vs 5Paisa Swastika Investmart Vs 5Paisa
HDFC Sky Vs M.stock Swastika Investmart Vs M.stock
HDFC Sky Vs WisdomCapital Swastika Investmart Vs WisdomCapital
HDFC Sky Vs Way2wealth Swastika Investmart Vs Way2wealth
HDFC Sky Vs Ventura Securities Swastika Investmart Vs Ventura Securities
HDFC Sky Vs Navia Markets Ltd Swastika Investmart Vs Navia Markets Ltd
HDFC Sky Vs Tradejini Swastika Investmart Vs Tradejini
HDFC Sky Vs Tata Securities Swastika Investmart Vs Tata Securities
HDFC Sky Vs SMC Global Swastika Investmart Vs SMC Global
HDFC Sky Vs SBICAP Securities Swastika Investmart Vs SBICAP Securities
HDFC Sky Vs SASOnline Swastika Investmart Vs SASOnline
HDFC Sky Vs Samco securities Swastika Investmart Vs Samco securities
HDFC Sky Vs RK Global Swastika Investmart Vs RK Global
HDFC Sky Vs Reliance Securities Swastika Investmart Vs Reliance Securities
HDFC Sky Vs Nirmal Bang Swastika Investmart Vs Nirmal Bang
HDFC Sky Vs Master Trust Capital Swastika Investmart Vs Master Trust Capital
HDFC Sky Vs Kotak Securities Swastika Investmart Vs Kotak Securities
HDFC Sky Vs Interactive Brokers Swastika Investmart Vs Interactive Brokers
HDFC Sky Vs IIFL Securities Swastika Investmart Vs IIFL Securities
HDFC Sky Vs Dhani Swastika Investmart Vs Dhani
HDFC Sky Vs IDBI Capital Swastika Investmart Vs IDBI Capital
HDFC Sky Vs HDFC Securities Swastika Investmart Vs HDFC Securities
HDFC Sky Vs Geojit Swastika Investmart Vs Geojit
HDFC Sky Vs Fyers Securities Swastika Investmart Vs Fyers Securities
HDFC Sky Vs Edelweiss Capital Swastika Investmart Vs Edelweiss Capital
HDFC Sky Vs Easytradez Swastika Investmart Vs Easytradez
HDFC Sky Vs Rupeezy Swastika Investmart Vs Rupeezy
HDFC Sky Vs Anand Rathi Swastika Investmart Vs Anand Rathi
HDFC Sky Vs Aditya Birla Money Swastika Investmart Vs Aditya Birla Money
HDFC Sky Vs Achiievers Swastika Investmart Vs Achiievers
HDFC Sky Vs Angel One Swastika Investmart Vs Angel One
HDFC Sky Vs Motilal Oswal Swastika Investmart Vs Motilal Oswal
HDFC Sky Vs ICICI Direct Swastika Investmart Vs ICICI Direct
HDFC Sky Vs Sharekhan Swastika Investmart Vs Sharekhan
HDFC Sky Vs Groww Swastika Investmart Vs Groww
HDFC Sky Vs Tradesmart Online Swastika Investmart Vs Tradesmart Online
HDFC Sky Vs Upstox Swastika Investmart Vs Upstox
HDFC Sky Vs Zerodha Swastika Investmart Vs Zerodha

Frequently Asked Questions

Is HDFC Sky better than Swastika Investmart ?

HDFC Sky and Swastika Investmart are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Swastika Investmart better than HDFC Sky ?

HDFC Sky and Swastika Investmart are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is HDFC Sky cheaper than Swastika Investmart ?

HDFC Sky and Swastika Investmart are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Swastika Investmart cheaper than HDFC Sky ?

HDFC Sky and Swastika Investmart are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better HDFC Sky vs. Swastika Investmart ?

To find out the better of the two stockbrokers HDFC Sky and Swastika Investmart, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.