Tradeswift Review, Brokerage Charges, Demat A/C, Platforms & more
Last Updated Date: Dec 01, 2022Trade swift is considered as the industry-leading commodity stock-broking company in India. It is widely known in the Equity and Commodity Future Broking Industry.
It is a member of NCDEX, MSEI, NSE, BSE, and MCX. This article will disclose information about Trade swift Reviews, Trade swift demat account procedure, Trade swift exposure/leverage and so on.
Tradeswift Ratings & Review by Top10StockBroker
Experience | 2.5/5 |
Products & Services | 3.4/5 |
Brokerage Charges & Fees | 3.3/5 |
Stock Research & Advisory | 2.6/5 |
Trading Platforms | 2.4/5 |
Overall Ratings | 2.7/5 |
Star Ratings | ★★★☆☆ |
About Tradeswift
Company Type | Private |
Broker Type | Discount Broker |
Headquarters | Jaipur, Rajasthan |
Founder | Nishant Jain |
Established Year | 2003 |
Trade swift is the renowned and leading full-service stock broken company established in the year 2003, Jaipur, Rajasthan.
The company provides one the feasible trading platforms to trade in NSE, BSE, NCDEX, MCX and MSEI. It is awarded as one of the BSE’s service provider in retail segment.
It is the only stock broking company from Rajasthan to receive the award.
Open Demat Account with Tradeswift
Tradeswift Brokerage Charges
Equity Delivery Trading | Rs.20 per Trade |
Equity Intraday Trading | Rs.20 per Trade |
Commodity Options Trading | Rs.20 per Trade |
Equity Futures Trading | Rs.20 per Trade |
Equity Options Trading | Rs.20 per Trade |
Currency Futures Trading | Rs.20 per Trade |
Currency Options Trading | Rs.20 per Trade |
Minimum Brokerage | Percentage of Transaction |
Demat AMC Charges | Free |
Trading AMC Charges | Free |
Margin Money | Zero Margin |
Brokerage Calculator | Tradeswift Brokerage Calculator |
Brokerage charge is primarily the most crucial aspects traders should be informed about prior pointing on specific brokers.
Discount stockbrokers such as Tradeswift impose brokerage charges of R.20 for per trade for both Equity intraday and delivery trading.
Even for the Currency futures and options trading it charges R.20 for per trade.Here are the details of the Trade swift Brokerage Charge
Tradeswift Other Charges
Transaction Charges | 0.00315% |
STT | 0.0126% of Total Turnover |
SEBI Turnover Charges | 0.0002% of Total Turnover |
Stamp Duty | Depends on State (very minimal) |
GST | 18% of (Brokerage + Transaction Charges) |
Other than account opening, brokerage and maintenance charges, traders are supposed to pay few taxes and transaction charges which finally involved in total payment.
In case of Trade swift, other than brokerage charges traders are required to pay transaction charges, SEBI turnover charges, STT, Stamp Duty, and GST.
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Tradeswift Demat Account Opening Fees
Depository Source | CDSL & NSDL |
Account Opening Charges | Rs.299 |
Demat AMC Charges | Free |
Trading AMC Charges | Free |
Margin Money | Zero Margin |
Offline to Online | Yes |
The account opening charges of the Trade Swift is INR 250.But the brokerage house does not collect any amount for account maintenance charges. Demat AMC and Trading AMC charges are absolutely free.
The company even does not collect any margin money from the customers.
Tradeswift Offers
Free Demat Account | Yes |
Free Trading Account | Yes |
Discount on Brokerage | Yes |
Trading Happy Hours | No |
Flexible Brokerage Plans | Yes |
1 Month Brokerage Free | No |
Holiday Offers | No |
Referral Offers | No |
Zero Brokerage for Loss Making Trades | No |
Excluding the offers mentioned in the below table, the company also renders following offers to its clients
- Stock broker comforts its customers by proving them discount on brokerage
- The company offers competitive and rational brokerage plans
- They offers large avenues of investment for all the traders in the market under one roof
To know about offers of other stock brokers check below
How to Open a Demat Account with Tradeswift?
For opening the demat account with Tradeswift follow the following the procedure –
- Fill the open demat account form by clicking here
- You can even call the Trade swift representative and tell them that you want to open demat account with Trade swift
- In both the cases, you will get a call from the company representative and will guide you about the procedure to open an account. The mainly send their representative to your home for collection all the required documents, signature and for demo if needed
- Documents required are one passport size photo, proof of identity( copy of pan card or aadhar card)
- Address proof( copy of bank statement or telephone bill)
Why Open Tradeswift Trading Account?
Some of the reasons for the traders to prefer Trade swift for opening their trading account with them are:-
- Tradeswift has professional, experienced and dedicated experts team for handling traders trading relate issues
- Discount broker has modernize trading platform for the traders
- The company professional are experts in devising Hedging strategies in commodities and currency for corporate and traders
Get a Call back from Tradeswift
Tradeswift Products & Services
Here are the list of Products & Services provided by Tradeswift
Tradeswift Products
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | No |
Forex | No |
Banking | No |
SIP | No |
Insurance | No |
With regard to the products, the company provides advisory service on its various products such as Equity, Commodity, Currency, Derivatives, IPO’s and Mutual Funds.
Tradeswift Service Offerings
Demat Services | Yes |
Trading Services | Yes |
3 in 1 Account | No |
Intraday Services | Yes |
IPO Services | No |
Stock Recommendations | Yes |
Robo Advisory | No |
PMS | No |
Trading Institution | No |
Trading Exposure | Upto 5X |
With respect to services, the company offers demat and trading account services to the customers.
It eases its customers by providing the dedicated and experienced relationship managers for the purpose of guiding them on all their investment and trading related issues.
Tradeswift Research, Advisory and Stock Tips
Fundamental Reports | No |
Research Reports | Yes |
Company Reports | No |
Annual Reports | No |
Company Stock Review | No |
Free Stock Tips | Yes |
IPO Reports | Yes |
Top Picks | Yes |
Daily Market Review | Yes |
Monthly Reports | Yes |
Weekly Reports | Yes |
Offline Advisory | Yes |
Relationship Manager | Yes |
With a strong concentration on research and advisory services, the company has made a reliable brand in equity, commodity and currency segments.
It comforts its customers by offering them dedicated relationship manager and periodic research reports. The company research team is highly dedicated in managing the financial assets of the customers
Tradeswift Exposure or Leverage
Equity Delivery | Upto 3X |
Equity Intraday | Upto 5X |
Equity Futures | Upto 2X |
Equity Options | Upto 6X |
Currency Futures | Upto 2X |
Currency Options | Upto 4X |
Commodities | Upto 3X |
Margin Calculator | Tradeswift Margin Calculator |
The full-service stockbroker provides reasonable exposure values across distinct segments as mentioned below:-
- The margin for intraday trading is up to 10 times and for delivery trading is op to 3 times
- The margin for futures is up to 3 times
Find Exposure or Margin of other Stock Brokers
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Tradeswift Trading Platforms
Here are the thorough details on various trading platforms offered by Tradeswift to its consumers.
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | Yes |
Desktop Browser Platform | Yes |
Mobile Site Platform | No |
Android App Platform | Yes |
iOS App Platform | Yes |
Windows App Platform | No |
Other Mobile OS Platform | No |
Real time Updates | Yes |
Portfolio Details | Yes |
Online MF Buy | No |
News Flash | Yes |
Research Reports | Yes |
Easy Installation | Yes |
Global Indices | Yes |
Stock Tips | Yes |
Personalized Advisory | No |
Interactive Charts | No |
Live Markets | Yes |
SMS Alerts | Yes |
Email Alerts | Yes |
Multi Account Management | No |
Trading Platforms offered by Trade swift are as follows
Tradeswift Trading Terminal
The company desktop based trading platform offer below-mentioned features:-
- User-friendly interface-This platform retains superior quality charts which shows latest trends and technical report from the market
- High Stability-This platform process data at high speed during the event of high transactions
- Shortcuts are made for various distinct features for the sake of making quick movements
- Customized trading reports and files can be saved
Tradeswift Web Trading Platform
The company also provides web trading platforms –
This trading platform can be used anywhere at any time and can be used to place, cancel and modify orders.
It has numerous technical indicators like chart and market watch to offer real-time updates. The software is technology modernized and retains all the essential features.
Tradeswift Mobile Trading App
Traders can download trade swift trading app on their Android phone through Google play store or apple users can download the app through App store.
Through company mobile traders can experience sleek speedy features, advanced tools and charts for superior trading and investing.
Tradeswift Customer Care
The broking company offers the following networks of communications to its users as given below:
Dedicated Dealer | Yes |
Offline Trading | Yes |
Online Trading | Yes |
24*7 Support | No |
Email Support | Yes |
Chat Support | No |
Toll Free Number | No |
Branches | 284 |
Customers can approach to the company with their grievances or suggestions via email or phone. The customers can also get in touch with the company by visiting their physical office.
The company strictly ensures to provides feasible customer services.The brokers has the below mentioned ways for you to get in touch with them Offline branches, Email, Phone
Tradeswift Complaints and Feedback
Find the list of complaint against Tradeswift
Lodged in BSE | 0 |
Resolved in BSE | 0 |
Lodged in NSE | 1 |
Resolved in NSE | 1 |
Percentage of No. of Complaints Received Against Number of Active Clients | 0.01 |
The company has received less number of complaints in comparison with its competitors in the industry.
As per the latest number, the percentage of the complaints received against the company from its active clients is 0.01%.
Here you can view the comprehensive details about the Trade swift complaints
Tradeswift Advantages and Disadvantages:
Below mentioned is the list of pros and cons of Tradeswift:
Pros of Tradeswift
Likewise, you will acquire these great benefits if you move forward and open an account with this comprehensive stockbroker:
- Company maintains strong insightful research team
- Stock broker retains cutting edge technology tools
- The company customer representative focus on client servicing
Cons Of Tradeswift
Discuss some of the worries if you make use of this full-service trader for your stock market trading:
- The company does not offer 3 in 1 account
- Facility to place order after trading hours is not available
- Personalized advisory service is not provided
Tradeswift Conclusion
Trade Swift is the renowned and leading stock broking company. The Broking Company certainly offers 2 in 1 demat account and competitive and rational brokerage plans.
Traders should consider Trade swift as it aims to provide superior customer service and decent investment products
Open Demat Account with Tradeswift
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