Swastika Investmart Review, Special Offers, Demat, Trading A/C and Brokerage

Swastika Investmart is a traditional brokerage house in the country which is providing stockbroking and other financial services for last three decades.

This Swastika Investmart Review will take you through the different aspects of the firm and make you aware of the various charges and offers the firm has for its clients.

The article will guide you about the various products and services that the firm offers and also make you aware of the process of opening account with it.

Swastika Investmart Highlights
Broker TypeFull Service Broker
Demat Account AMCRs.300
Margin RequiredRs.15,000 Minimum
Intraday Brokerage0.020% – 0.050%
Delivery Brokerage0.15% – 0.35%
ExposureUpto 6x

Swastika Investmart Offers


What do you know about Swastika Investmart?

Swastika Investmart started its operation in the year 1992 when Sunil Nyati started the firm is the city of Mumbai where it has its base at present.

The firm has spread its arms all over the country and now it has a Pan India presence. The firm is a private organization and it provides all kind of stockbroking services that will be discussed in this Swastika Investmart Review.

About Swastika Investmart 
Know few details about Swastika Investmart 
Which type of Company is it? – Public / PrivatePrivate
Which type of Broker is it? – Full Service / DiscountFull Service Broker
Where is the registered office of Company Located?Mumbai, Maharashtra
Who is the Founder of this Company?Sunil Nyati
When did the company started?1992

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What are the various Demat Account Opening Charges levied by Swastika Investmart?

You can open Swastika Investmart Demat Account which is registered with the depositories present in India – CDSL and NSDL. The firm work with both the depositories in the country rather than one.

The Swastika Investmart Account Opening charges are average and at par with the market which is Rs. 550 as you can refer to the above table. The maintenance charges are also levied by the firm on the Demat account which is Rs. 300 and quite average as well.

There are no annual maintenance charges for the Trading account as you can see and that is a benefit for the clients. The margin money requirement set by the firm which is Rs. 15000 as the minimum margin is quite at par as well. Moreover, the firm also offers dematerialization of the stocks you have.

Swastika Investmart Demat Account Opening Fees
Check out the various fees charged for Opening a Demat Account with Swastika Investmart 
Which is the Depository Participant involved?CDSL & NSDL
What are the Demat account opening charges?Rs.550
How much is the Demat AMC?Rs.300
What is the Trading AMC?Zero
What is the initial Margin amount required?Rs.15,000 Minimum
Is dematerialization available?Yes

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Does Swastika Investmart provide any Offers to their Clients?

The Swastika Investmart Offers are quite in abundance and apart from the free trading account and other offers, the firm also provides flexible brokerage plans.

The offers provided by the firm are not occasional and you can avail them all the time. These offers reduce your cost of trading which in turn increases the return earned by you.

Swastika Investmart Offers
Here are the various offers provided by Swastika Investmart 
Does the broker provide Free Demat A/C offer?Yes
Does the broker provide Free Trading A/C offer?Yes
Is this broker offers Discount on Brokerage?No
Does the broker offer Happy hour trading to their clients?No
Is the broking house provides flexible brokerage plan?Yes
Does the broker offer 1 month Free brokerage?No
Is the Holiday offers provided by the broker?No
Are there any referral offers shared by the broker?No
Zero Brokerage for Loss Making TradesNo

What are the Brokerage Charges levied by Swastika Investmart on various Segments?

Swastika Investmart Brokerage Charges as mentioned above are quite flexible and the firm has a range of brokerage rate perfect for every pocket.

The brokerage charges you see above are linked to the margin money you keep with the firm and the more the margin is the less will by your brokerage charges.

Supposedly, you keep the minimum margin money, then you have to bear the highest brokerage rate as per the table has given above such as 0.05% for most of the segments except for the delivery trades where the maximum is 0.35%.

The options are charged at a fixed rate as mentioned above and if you keep the margin higher than the minimum requirement, then your brokerage charges will go down. The minimum brokerage charged by the firm is the percentage of the transaction and not any fixed amount as charged by certain brokerage houses.

Swastika Investmart Brokerage Charges 
Here you will find details of brokerage levied by Swastika Investmart on all segments
What are the Equity Delivery Charges?0.15% – 0.35%
What are the Equity Intraday Charges?0.020% – 0.050%
How much brokerage charged for Commodity Trading?0.020% – 0.050%
What is the brokerage on Equity Futures?0.020% – 0.050%
How much brokerage charged for Equity Options?Rs.75 per lot
What is the brokerage on Currency Futures?0.020% – 0.050%
What is the brokerage on Currency Options?Rs.50 per lot
How much is the Minimum Brokerage requires?Percentage of Transaction
What is the Demat AMC?Rs.300
How much is the Trading AMC?Zero
What is the Minimum Margin Required?Rs.15,000 Minimum

Does Swastika Investmart levy any other charges apart from Brokerage?

Swastika Investmart Charges apart from the brokerage charges as mentioned above are the statutory charges which are levied as per the norms of the government.

The SEBI and the government decide these charges and except for the transaction charges all other charges as mentioned like SEBI or the GST or the STT are same for all the firms (approximately). The transaction charges for Swastika Investmart is at par with the market as well.

Swastika Investmart Charges
Get deep understanding of all other charges levied by Swastika Investmart 
How much is the Transaction Charges levied?0.00315% of Total Turnover
What are the STT charges?0.0126% of Total Turnover
What are the SEBI Turnover charges?0.0002% of Total Turnover
How much is the Stamp Duty levied?Depends on State (very minimal)
How are the GST charged?18% of (Brokerage + Transaction Charges)

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What is the Limit or Exposure offered by Swastika Investmart?

If you compare Swastika Investmart Exposure with the majority of the firms in the country, then it has average exposure but if compared with the stock market giants then it is quite low.

However, you have to compare the scale of operation of the firm as well. The firm providing up to 6 times of exposure in the intraday segment is very normal as per the Indian stock market.

However, Swastika Investmart Margin requirement suggests that the firm can provide a little bit of more leverage to its customer for trading with more ease.

Swastika Investmart Exposure or Leverage
Here you will find the exposure or limit provided by Swastika Investmart 
How much is the limit on Equity Delivery?Upto 2x
What is the limit on Equity Intraday?Upto 6x
How much is the limit on Equity Futures?Upto 3x
What is the limit on Equity Options?Upto 5x
What is the exposure on Currency Futures?Upto 2x
How much is the leverage on Currency Options?Upto 2x
What is the limit on Commodity Trading?Upto 2x

How To Open Swastika Investmart Demat & Trading Account?

The easiest way to Open Swastika Investmart Demat Account is to click on the ling you find on this article –

  1. Click on the given button that says “Open Demat Account”. There will be a pop-up which will open up with a form.
  2. Fill the form that is for the application for the Demat account and trading account.
  3. Once you fill the form, make sure you enter all the details correctly and recheck before clicking on the submit button
  4. Once submitted you will be redirected to a page where you have to upload all the documents that the firm requires for the verification process.
  5. Make sure all your documents are duly scanned and uploaded properly.
  6. Once you submit the documents, Swastika Investmart executives will call and discuss with you about the account opening and take you through the remaining of the verification process.
  7. Once your application, details, and documents are verified, then you will receive your log in credentials and you can start your trading.

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What are the various Trading Platforms provided by Swastika Investmart?

The Swastika Investmart Trading Platforms which are provided for the clients for the trading need are varied and well designed and have quite a good performance record.

In this section, you will read all about the trading platforms of this firm which are Swastika Investmart Mobile App, Swastika Investmart Trading Terminal and the web-based platform.

Swastika Investmart Trading Terminal: Justrade Pro Trading Terminal

Swastika Investmart Trading Terminal is one of the most popular and used platforms in the stock market by the regular traders.

The firm provides an ODIN platform for the trading terminal based usage. This terminal software needs to be downloaded and it is loaded with all the necessary features and also has various risk management tools.

Swastika Investmart Mobile App: Justrade Mobile App

Swastika Investmart Mobile App is one of the handy application for trading at present times while you move around freely and travel without worrying about your portfolio and trading activities.

As the mobile application of Swastika Investmart is a complete platform for trading, research and all other services provided by the firm. It is known as Swastika Mobile Trading and it has quite a lot of feature which we’ll discuss in the later section.

Swastika Investmart Web Trading: Justrade Web Trading

Swastika Investmart web-based platform needs no installation and works completely fine with any kind of device that you use for trading whether it is a Tab, or a desktop or even a mobile.

The seamless network is the prerequisite of this platform and on this platform as well, you will find all the features as found on other two mentioned above.

Swastika Investmart Trading Platforms
Here you will find all the important trading platforms available with Swastika Investmart 
Do they have Trading Terminals for Windows?Yes
Do they have Trading Terminals for Mac?Yes
Are they providing Web Trading Platform?Yes
Do they have Mobile Web Platform?Yes
Does this broker provide Mobile Trading App for Android?Yes
Does this broker provide Mobile Trading App for iOS?Yes
Are they having Mobile App for Windows OS?Yes
Do they have Mobile Trading App for Other OS?Yes

What are the features available in Swastika Investmart Trading Applications?

The various features of Swastika Investmart Justrade Platforms are provided below –

Swastika Investmart Trading Terminal: Justrade Pro Trading Terminal Features

  • This is an ODIN Platform which is offered by Swastika Investmart.
  • You need to download this platform and then install it on the desktop/laptop and then you can use it
  • Compatible with Windows OS
  • You can trade on different exchanges at the same time – for example, you can trade on NSE and MXC at the same time and also buy and sell different asset classes on this individual platform
  • There are an abundance of analytical tools – charts, indicators and historical data for your technical and fundamental research of the stocks and the market you are investing in or seeking to invest
  • It contains market feed, decision support tools
  • There are order management feature in the platform
  • There are a variety of risk management tools as well

Swastika Investmart Mobile App: Justrade Mobile App Features

  • Swastika Mobile Trading application by Swastika Investmart is one of the fastest mobile trading application in the market
  • You can track all your investments on the screen of your mobile
  • With one touch you can place orders
  • Trade across various segments – equities, currencies, and others
  • Various intraday and other charts with real time and historical data
  • You can view all your holdings, positions and track your portfolio all the time

Swastika Investmart Web Trading: Justrade Web Trading Features

  • It is one of the platforms for all your trades and transactions – safe and secure
  • Placing an order is super quick
  • You can cancel orders in seconds
  • Real time data is always available
  • You can fully customize the platform
Swastika Investmart Trading Application Features
Here you will find various features available in Trading Platforms provided by Swastika Investmart 
Are these platforms capable of Real time Updates?Yes
Do these Applications provide Portfolio Details?Yes
Are this software’s providing Online MF Buy?No
Do these platforms have News Flash?Yes
Are these platforms providing Research Reports?No
Are these platforms Easy to Install & use?Yes
Do these Apps have Global Indices?Yes
Are these platforms having Stock Tips?No
Do this software’s provide Personalized Advisory?No
Are these platforms capable of Interactive Chartings?Yes
Do these Apps provide Live Markets data?Yes
Do they provide SMS Alerts?Yes
Are they providing Email Alerts?No
Do these platforms has Multi Account Management solution?No

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What are the various Products provided by Swastika Investmart?

Swastika Investmart Products range is vast and they offer more or less al the stock market instruments that clients want to trade-in.

The range of products includes the basics investment instruments like the equity trading, currency and commodities, and obviously the futures and options segment is there for the derivative traders.

If you are a passive investor and do want to deal in equities or other instruments directly then you have a choice of mutual funds and SIP investments as well which you can trade with this firm.

Swastika Investmart Products
Here are the various products provided by Swastika Investmart 
Does the broker allow Equity Trading?Yes
Does the broker allow Commodity Trading?Yes
Do they have Currency Trading product available?Yes
Do they provide Options trading?Yes
Are the clients allowed to trade in Futures?Yes
Do they have Mutual Funds as product?Yes
Does the broker allow Forex trading?No
Does the broker have Banking products?No
Is SIP allowed by the broker?Yes
Do they have Insurance as a Product?No

What are the various Services offered by Swastika Investmart?

Swastika Investmart Services includes the basics as well as advanced services like portfolio management and stock recommendations. They have not restricted themselves to the trading and Demat services only.

They provide IPO services which are opted by many investors who are interested in the new companies coming in the stock market. Overall, its services cover all the necessary and advanced services apart from the trading institution and others which are counted in top services.

Swastika Investmart Services
Check out the various services provided by them
Does the broking house provide Demat Services?Yes
Does the broking house provide Trading Services?Yes
Do they have 3 in 1 Account i.e. Demat, Trading & Savings A/C?No
Do they provide Intraday Services?Yes
Are they offering IPO Services to the client?Yes
Do they have Stock Recommendations available?Yes
Are they providing tools for Robo Advisory?No
Does the broker provide PMS?Yes
Do they have Trading Institution available?No
What is the Trading Exposure this broker provides?Upto 6x

Does Swastika Investmart provide Research & Advisory to their clients?

Being a traditional broker, Swastika Investmart Research and Swastika Investmart Advisory, departments provide Swastika Investmart Tips and advisory services to the clients.

The department provides fundamental reports, research reports, daily, weekly, market reviews and stock reviews and many other such research and reports to the clients and all these are available on the trading platforms that the client use. The research services are really admired by the clients and they are happy with it as well.

On the advisory services front, the firm provides service of a relationship manager if required by the client and if they opt for it. They also provide offline advisory to the clients.

Swastika Investmart Research, Advisory & Stock Tips
Here are the various research activities done by them
Does the broker shares Fundamental Reports?Yes
Does the broker shares Research Reports?Yes
Do they provide Company Reports to their clients?No
Are they analysing Annual Reports of Companies?No
Do they share Company Stock Review?Yes
Are they sharing Free Stock Tips to their clients?Yes
Do they analyze & share IPO Reports?Yes
Does the broking company provide Top Picks?Yes
Are they sharing Daily Market Review?Yes
Do they have Monthly Reports?Yes
Does the broker provide Weekly Reports?Yes
Are they having Offline Advisory?Yes
Do they provide Relationship Manager to clients?Yes

What are the Customer Care details of Swastika Investmart?

Swastika Investmart Customer Care is engaged and dedicated to the customers. As you can see in the table above, there are dedicated dealer services which are available for the clients as well as there is offline trading related customer care provided. The

executives are there to help you with any issues and they are available round the clock. The solutions are not only provided for the offline trades but also for online trades as well.

You can contact them regarding any of your trading related queries or if you are facing difficulty with the platforms or any other issue and they will guide and help you through.

Swastika Investmart Customer Support
Let’s have a better understanding of Customer Care Service
Are they providing Dedicated Dealer to their clients?Yes
Do they allow Offline Trading?Yes
Do they have facilities for Online Trading?Yes
Are they providing 24*7 Support?Yes
Does this broker provide Email Support?No
Is this broker having Chat Support?No
How many Branches the stock broker has?20

Are there any Complaints filed against Swastika Investmart by their clients?

Swastika Investmart Complaints are filed by clients on dissatisfaction with the services and as no firm can satisfy all its client so this firm also have few complaints on both the exchanges that are BSE and NSE.

Though if you look at the table above where you will find the numbers of complaints registered and the number of complaints resolved in the same year, you will be amazed to see they are equal. None of the complaints are left unresolved and shows the firm’s sincerity.

Swastika Investmart Complaints
Here you will know about the Complaints lodged against them
What is the total number of Complaints Lodged in BSE?22
How many of these complaints have been Resolved in BSE?22
What is the total number of Complaints Lodged in NSE?31
How many of these complaints have been Resolved in NSE?31

What Are The Advantages / Benefits Of Swastika Investmart Trading Account?

Trading with Swastika Investmart Trading Account has a lot of advantages and some of them are

  • Great customer care service, you call them and they are there to help you out. None of the clients are left unattended
  • They have a great brokerage plan with a lot of flexibility and you have the free hand to decide how much brokerage you want to pay by deciding your margin amount
  • Advanced trading platforms – lots of features – research and risk management tools
  • Traditional brokerage house with research and advisory facilities
  • Account opening is affordable and maintaining it as well

What are the Swastika Investmart Review & Ratings as per their Customer?

Swastika Investmart Rating suggests that the firm is liked by the clients on an average level as all the ratings for all the sections are around 6.5.

The Swastika Investmart Review by the customers suggests that the brokerage charges need to be little more flexible as it has the lowest rating amongst all. The firm needs to better its products and services as well along with the trading platforms which has a lot of scope for improvements.

Swastika Investmart Ratings & Reviews
We are looking at Companies Ratings on various parameters
Stock Market Research & Broking Advisory6.4/10
Brokerage & other Charges like – Turnover, Transaction Charges etc.6.1/10
Types of Products & Services the Brand provides6.2/10
Performance Mobile App, Trading Terminal & Web Trading Platform6.4/10
Experience in the Broking Business6.8/10
Total Avg. Rating of Broking House6.4/10
Star Rating of given to Stock Broker★★★☆☆
Number of People Contributed to these Ratings298

Swastika Investmart Conclusion

After this Swastika Investmart Review, we can conclude that Swastika Investmart is an average stockbroker in the industry with more or less all the products and services and trading platforms and a flexible brokerage plans.

However, it needs a lot of improvement to be amongst the top brokers of the country.


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