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Swastika Investmart vs Choice Broking – Compare Brokerage Charges, Demat Account & more

Last Updated Date - Nov 19, 2022

Here is a detailed comparison of Swastika Investmart vs Choice Broking. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Swastika Investmart & Choice Broking will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Swastika Investmart vs Choice Broking

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers


This Swastika Investmart & Choice Broking comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare Choice BrokingSwastika Investmart

Overview of Swastika Investmart & Choice Broking

Overview Swastika Investmart Choice Broking
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, Maharashtra Mumbai, Maharashtra
Founder Sunil Nyati Kamal Poddar
Established Year 1992 1992

Swastika Investmart vs Choice Broking Customer Ratings Comparison

Customer Ratings Swastika Investmart Choice Broking
Experience 6.4/10 5.8/10
Products & Services 6.1/10 6.8/10
Brokerage Charges & Fees 6.2/10 6.2/10
Stock Research & Advisory 6.4/10 6.6/10
Trading Platforms 6.8/10 5.8/10
Overall Ratings 6.4/10 6.4/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 298 152

Swastika Investmart vs Choice Broking Demat Account Comparison

Demat Services Swastika Investmart Choice Broking
Depository Source CDSL & NSDL CDSL & NSDL
Account Opening Charges Rs.550 Rs.250
Demat AMC Charges Rs.300 Free
Trading AMC Charges Zero Free
Margin Money Rs.15,000 Minimum Minimum Rs.5,000
Offline to Online R R

Choice Broking vs Swastika Investmart Brokerage Charges Comparison

Brokerage Charge & Fees Swastika Investmart Choice Broking
Equity Delivery Trading 0.15% – 0.35% 0.33%
Equity Intraday Trading 0.020% – 0.050% 0.03%
Commodity Options Trading 0.020% – 0.050% 0.03%
Equity Futures Trading 0.020% – 0.050% 0.03%
Equity Options Trading Rs.75 per lot Rs.20 per Lot
Currency Futures Trading 0.020% – 0.050% 0.03%
Currency Options Trading Rs.50 per lot Rs.30 per Lot
Minimum Brokerage Percentage of Transaction Percentage of Transaction
Demat AMC Charges Rs.300 Free
Trading AMC Charges Zero Free
Margin Money Rs.15,000 Minimum Minimum Rs.5,000
Brokerage Calculator Swastika Investmart Brokerage Calculator Choice Broking Brokerage Calculator

Choice Broking & Swastika Investmart Other Charges Comparison

Other Charges Swastika Investmart Choice Broking
Transaction Charges 0.00315% of Total Turnover 0.0000285
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare Choice Broking & Swastika Investmart Offers

Offers Swastika Investmart Choice Broking
Free Demat Account R R
Free Trading Account R R
Discount on Brokerage S R
Trading Happy Hours S S
Flexible Brokerage Plans R S
1 Month Brokerage Free S R
Holiday Offers S S
Referral Offers S R
Zero Brokerage for Loss Making Trades S S

Compare Services of Swastika Investmart vs Choice Broking

Services Swastika Investmart Choice Broking
Demat Services R R
Trading Services R R
3 in 1 Account S S
Intraday Services R R
IPO Services R R
Stock Recommendations R S
Robo Advisory S S
PMS R S
Trading Institution S S
Trading Exposure Upto 6x Upto 5X

Compare Choice Broking & Swastika Investmart Research & Advisory

Research & Advisory Swastika Investmart Choice Broking
Fundamental Reports R S
Research Reports R S
Company Reports S S
Annual Reports S S
Company Stock Review R S
Free Stock Tips R R
IPO Reports R R
Top Picks R R
Daily Market Review R R
Monthly Reports R R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Swastika Investmart vs Choice Broking Exposure/Leverage

Exposure / Leverage Swastika Investmart Choice Broking
Equity Delivery Upto 2x Upto 3X
Equity Intraday Upto 6x Upto 5X
Equity Futures Upto 3x Upto 1X
Equity Options Upto 5x Upto 5X
Currency Futures Upto 2x Upto 2X
Currency Options Upto 2x Upto 6X
Commodities Upto 2x Upto 1X
Margin Calculator Swastika Investmart Margin Calculator Choice Broking Margin Calculator

Swastika Investmart vs Choice Broking Product Comparison

Products Swastika Investmart Choice Broking
Equity Trading R R
Commodity Trading R R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex S S
Banking S S
SIP R R
Insurance S R
Swastika Investmart vs Choice Broking Trading Platform Comparison
Trading Platforms Swastika Investmart Choice Broking
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R S
Mobile Site Platform R S
Android App Platform R R
iOS App Platform R R
Windows App Platform R S
Other Mobile OS Platform R S
Real time Updates R R
Portfolio Details R R
Online MF Buy S R
News Flash R R
Research Reports S S
Easy Installation R S
Global Indices R R
Stock Tips S R
Personalized Advisory S S
Interactive Charts R S
Live Markets R R
SMS Alerts R S
Email Alerts S R
Multi Account Management S S

Swastika Investmart vs Choice Broking Customer Support

Customer Support Swastika Investmart Choice Broking
Dedicated Dealer R S
Offline Trading R R
Online Trading R R
24*7 Support S S
Email Support R R
Chat Support S S
Toll Free Number S S
Branches 20 480

Swastika Investmart vs Choice Broking Customer Complaints

Complaints (Current Year) Swastika Investmart Choice Broking
Lodged in BSE 22 2
Resolved in BSE 22 2
Lodged in NSE 31 15
Resolved in NSE 31 15

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