Compare Way2wealth
Way2wealth
Swastika Investmart
Swastika Investmart

Background

Year of Incorporation 1984 Swastika Investmart Ltd. (Formerly known as Swastika Fin-Lease Ltd.) in 1992
Website http://www.way2wealth.com http://www.swastika.co.in
Phone 1800 425 3690 022-66330000
Exchanges enabled NSE, BSE, MCX-SX, MCX, & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL, CDSL CDSL & NSDL
Background Rating


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, watch out for the brokerages with and

Profit after Tax FY11/12 Rs 4.2 Lakhs Rs 1.07 Crores
Profit after Tax FY12/13 Rs 0.87 Lakhs Rs 41.2 Lakhs
Profit after Tax FY13/14 Rs 13.5 Lakhs Rs 1.1 Crores
Profit after Tax FY 14/15 Rs 2.2 Crores Rs 2.8 Crores
Profit after Tax FY 15/16 Rs 20 Lakhs - Rs 61.6 Lakhs
Profit after Tax FY 16/17 Rs 5.9 Crores
Profit after Tax FY17/18   - Rs 2.6 Crores
Debt FY11/12 Rs 10.4 Crores Rs 19.5 Lakhs
Debt FY12/13 Rs 17.2 Crores Rs 23.9 Lakhs
Debt FY13/14 Rs 10.8 Crores Rs 24.2 Lakhs
Debt FY14/15 Rs. 49.7 Crores Rs 7.4 Crores
Debt FY15/16 Rs 56.9 Lakhs Rs 9.7 Crores
Debt FY 16/17 Rs 31.9 Crores
Debt FY 17/18   Rs 32.9 Crores
Profit to Equity(%) FY11/12 0.25 25.1
Profit to Equity(%) FY12/13 0.01 2.6
Profit to Equity(%) FY13/14 0.20 6.9
Profit to Equity(%) FY14/15 3 19
Profit to Equity(%) FY15/16 0.25 (3.5)
Profit to Equity(%) FY16/17 36
Profit to Equity(%) FY17/18   (8)
Balance Sheet Size FY11/12 Rs 159 Crores Rs 74.9 Crores
Balance Sheet Size FY12/13 Rs 148 Crores Rs 85.7 Crores
Balance Sheet Size FY13/14 Rs 170 Crores Rs 100.5 Crores
Balance Sheet Size FY14/15 Rs 198 Crores Rs 80.2 Crores
Balance Sheet Size FY15/16 Rs 198 Crores Rs 83.8 Crores
Balance Sheet Size FY16/17 Rs 120.9 Crores
Balance Sheet Size FY17/18   Rs 135.9 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year in December. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 17,266 8,862
Active clients - 2014 17,492 12,133
Active clients - 2015 15,795 16,035
Active clients - 2016 21,994 16,541
Active clients - 2017 28,201 23,685
Active clients - 2018   27,180
Active clients Rating


Brokerage

Equity 0.04% for Intraday, 0.4% for Delivery - Negotiable 0.02% for Intraday & 0.2% for Delivery - Negotiable
Equity Futures 0.04% of Turnover - Negotiable 0.02% of Turnover - Negotiable
Equity Options Rs 50/lot - Negotiable Rs 25/lot
Currency Futures 0.04% of Turnover - Negotiable 0.02% of Turnover - Negotiable
Currency Options Rs 50/lot - Negotiable Rs 25/lot
Commodity 0.04% of Turnover - Negotiable 0.02% of Turnover - Negotiable
Brokerage Rating


Account Opening Costs

Trading only NA NA
Trading & Demat Rs 350 Rs.250
Commodity Rs 100 Rs.250
Account Opening Costs Rating


Transparency & other costs

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

Equity 0.0038% of Turnover 0.00350% of Turnover
Futures 0.0034% of Turnover 0.0025% of Turnover
Options 0.056% of Premium Turnover 0.055% of Premium Turnover
Commodities 0.0035% of Turnover 0.0025% of Turnover
AMC charge Rs 330 Rs.250 annually or Rs. 2000 for lifetime
DP Transaction Charge Rs 18/debit instruction 0.04% with minimum Rs 20
Offline order placing Charge Nil Nil
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 22 days on NEST 5 Days on NOW
End of Day 10 years on NEST 10 Years on NOW
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 6 times for Intraday, 0 for Delivery Upto 10 times intraday, 0 for Delivery (negotiable if turnover 1 Cr)
Equity Futures Upto 2 times for Intraday Upto 7 times intraday leverage (negotiable if turnover 1 Cr)
Equity Options No Leverage No leverage (negotiable if turnover 1 Cr)
Currency Futures Upto 2 times for Intraday No Leverage
Currency Options No Leverage No Leverage
Commodity Upto 3 times for Intraday Upto 2 times for Intraday (negotiable if turnover 1 Cr)
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review