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Quantum Global Securities vs. Tradeswift

All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.

Among the best stockbrokers in India, two top names are Quantum Global Securities and Tradeswift. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Quantum Global Securities and Tradeswift.


Overview

Quantum Global Securities are Tradeswift both private companies and Quantum Global Securities operates as a full service Broker, while Tradeswift functions as a discount broker. Atul Narendra Malik co-founded Quantum Global Securities in 1990. And Tradeswift was founded in the year 2003 by Nishant Jain. Quantum Global Securities's headquarters are in New Delhi and Tradeswift's headquarters are in Jaipur, Rajasthan.

Quantum Global Securities operates as a full service Broker, while Tradeswift functions as a discount broker. Quantum Global Securities is registered in NA, while Tradeswift is registered in NA. The total branches of Quantum Global Securities are Nil and the Tradeswift branches are Nil.

OverviewQuantum Global SecuritiesTradeswift
Broker TypeFull Service BrokerDiscount Broker
Type of companyPrivatePrivate
HeadquarterNew DelhiJaipur, Rajasthan
FoundersAtul Narendra MalikNishant Jain
Foundation Year19902003
Supported ExchangesNANA
Total branchesNilNil

Quantum Global Securities and Tradeswift Trading Account Opening and Demat Charges

A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).

Account opening fees for various brokers range from 0 to Rs.200, with Quantum Global Securities charging Free and Tradeswift charging Rs.299.

When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Quantum Global Securities Demat account is Rs.320 per Annum and for the Tradeswift Demat account is Free. The Trading AMC for Quantum Global Securities and Tradeswift is free. And the margin money for both brokers is also zero.

As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Quantum Global Securities and Tradeswift is CDSL.

Account Opening and Demat ChargesQuantum Global SecuritiesTradeswift
Trading Account Opening ChargesFreeRs.299
Demat AMC (Annual Maintenance Charges)Rs.320 per AnnumFree
Trading AMC (Annual Maintenance Charges)FreeFree
Margin MoneyMinimum Rs.15,000Zero Margin
Offline to Online ChargesYesYes
DepositoryCDSL & NSDLCDSL & NSDL

Quantum Global Securities and Tradeswift Equity Brokerage Charges

There are more charges that a broker charges for equity transactions.

Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Quantum Global Securities is 0.36%, while Tradeswift charges you Rs.20 per Trade.

Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Quantum Global Securities is 0.04% and for Tradeswift also, it is Rs.20 per Trade.

Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Quantum Global Securities charge 0.04% and Tradeswift charge Rs.20 per Trade for equity futures.

Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Quantum Global Securities charges Rs.36 per Lot, and Tradeswift charges Rs.20 per Trade.

Equity Brokerage ChargesQuantum Global SecuritiesTradeswift
Equity Delivery Brokerage0.36%Rs.20 per Trade
Equity Intraday Brokerage0.04%Rs.20 per Trade
Equity Futures Brokerage0.04%Rs.20 per Trade
Equity Options BrokerageRs.36 per LotRs.20 per Trade

Quantum Global Securities and Tradeswift Currency Brokerage Charges

Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.

Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Quantum Global Securities is 0.04% and for Tradeswift is Rs.20 per Trade.

Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Quantum Global Securities charges Rs.36 per Lot for currency options, whereas Quantum Global Securities charges Rs.20 per Trade.

Currency Brokerage ChargesQuantum Global SecuritiesTradeswift
Currency Futures Brokerage0.04%Rs.20 per Trade
Currency Options BrokerageRs.36 per LotRs.20 per Trade

Quantum Global Securities and Tradeswift Commodity Brokerage Charges

Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Quantum Global Securities charges 0.04% for commodity trading, while Tradeswift charges Rs.20 per Trade.

Commodity Brokerage ChargesQuantum Global SecuritiesTradeswift
Commodity Options Brokerage0.04%Rs.20 per Trade

Quantum Global Securities and Tradeswift Other Charges

Here are some other broker charges that should know about -

Minimum Broker Charges: Quantum Global Securities levies a minimum brokerage fee of Percentage of Transaction, while Tradeswift charges Percentage of Transaction brokerage fee.

Transaction Brokerage Charges: Quantum Global Securities levies a transaction brokerage charge of 0.00292%, while Tradeswift charges 0.00315%.

SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Quantum Global Securities is 0.0002% of Total Turnover and for Quantum Global Securities is 0.0002% of Total Turnover .

Stamp Duty Charges: This fee is charged as per the state and asset class.

GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)

STT (Securities Transaction Tax): The STT charges for Quantum Global Securities are 0.0126% of selling value, while for Tradeswift, they are 0.0126% of Total Turnover.

Call and Trade Charges: This charge varies for different brokers. Quantum Global Securities charges NA and Tradeswift charges NA.

Other Brokerage ChargesQuantum Global SecuritiesTradeswift
Minimum Brokerage ChargesPercentage of TransactionPercentage of Transaction
Transaction Brokerage Charges0.00292%0.00315%
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp Duty ChargesAs per the stateAs per the state
GST Charges18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of selling value0.0126% of Total Turnover
Call and Trade ChargesNANA

Quantum Global Securities and Tradeswift Equity Exposure/Leverage

With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.

Equity Delivery: Leverage provided for Equity Delivery by Quantum Global Securities is up to Upto 2x and by Tradeswift it is up to Upto 2x.

Equity Intraday: Leverage for equity intraday by Quantum Global Securities is up to Upto 5x and by Tradeswift it is up to Upto 5x.

Equity Futures: Leverage for Equity Futures by Quantum Global Securities is up to Upto 1x and by Tradeswift it is up to Upto 2x.

Equity Options: Leverage for Equity Options by Quantum Global Securities is up to Upto 6x and by Tradeswift also, it is up to Upto 6x.

Equity LeverageQuantum Global SecuritiesTradeswift
Equity DeliveryUpto 2xUpto 2x
Equity IntradayUpto 5xUpto 5x
Equity FuturesUpto 1xUpto 2x
Equity OptionsUpto 6xUpto 6x

Quantum Global Securities and Tradeswift Currency Leverage

The currency futures leverage provided by Quantum Global Securities is up to Upto 2x, while for Tradeswift it is up to Upto 2x.

The currency options leverage provided by Quantum Global Securities is up to Upto 2x, while for Tradeswift it is up to Upto 4x.

Currency LeverageQuantum Global SecuritiesTradeswift
Currency FuturesUpto 2xUpto 2x
Currency OptionsUpto 2xUpto 4x

Quantum Global Securities and Tradeswift Commodity Leverage

The commodity leverage provided by Quantum Global Securities is up to Upto 2x, while for Tradeswift it is up to Upto 3x.

Commodity LeverageQuantum Global SecuritiesTradeswift
CommodityUpto 2xUpto 3x

Quantum Global Securities and Tradeswift Offers

Brokers offer various exciting offers to entice new customers. Here are some of them:

Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.

Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.

Brokerage Discounts: Coupons providing up to 50% discount at their rates.

Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.

1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.

Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.

Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.

Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.

OffersQuantum Global SecuritiesTradeswift
Free Stock Trading AccountYesYes
Free Demat AccountYesYes
Flexible PlansYesYes
Brokerage DiscountsYesYes
Happy HoursNoNo
1 Month Free PlanNoNo
Holiday OffersYesNo
Referral ProgramNoNo
Zero Brokerage on Loss TradesNoNo

Quantum Global Securities and Tradeswift Features

Equity Trading: Quantum Global Securities and Tradeswift brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.

Currency and Commodity Trading: Quantum Global Securities and Tradeswift also offer you to trade in currency and commodities.

Initial Public Offering (IPOs): One of the greatest advantages of Quantum Global Securities and Tradeswift broker is that you can also invest in IPOs. Quantum Global Securities also has an added advantage that they provide you with robo-advisory services as well.

Trading Exposure: Different brokers provide different trading exposures. Quantum Global Securities offers trading exposure of up to Upto 5x, while Tradeswift gives up to Upto 5x.

Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Quantum Global Securities and Tradeswift, you can invest in mutual funds through SIP and Lumpsum.

Forex Trading: With Forex Trading, you can trade in various international currencies. Quantum Global Securities and Tradeswift also allow you to trade in forex trading.

FeaturesQuantum Global SecuritiesTradeswift
Equity Delivery TradingYesYes
Equity Intraday TradingYesYes
Equity Futures TradingYesYes
Equity Options TradingYesYes
Currency TradingYesYes
Commodity TradingYesYes
IPO (Initial public offering)YesNo
Stocks SuggestionsNoNo
Robo AdvisoryNoNo
PMS (Portfolio Management Services)NoNo
Trading InstitutionNoNo
Trading ExposureUpto 5xUpto 5x
Mutual FundsNoNo
SIP (Systematic Investment Plan)NoNo
Forex TradingNoNo
BankingNoNo
InsuranceYesNo

Quantum Global Securities and Tradeswift Advisory Services

Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-

Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.

Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Quantum Global Securities and Tradeswift offer you in-depth research reports.

Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.

Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.

Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.

Advisory ServicesQuantum Global SecuritiesTradeswift
Fundamental ReportsNoNo
Research ReportsYesYes
Company ReportsNoNo
Annual ReportsNoNo
Company Stock ReviewNoNo
Free Stock TipsYesYes
IPO ReportsNoYes
Top PicksYesYes
Daily Market ReviewYesYes
Monthly ReportsYesYes
Weekly reportsYesYes
Offline AdvisoryYesYes
Relationship ManagerYesYes

Quantum Global Securities and Tradeswift Desktop Trading Platforms

A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Quantum Global Securities and Tradeswift offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.

Desktop Trading PlatformsQuantum Global SecuritiesTradeswift
WindowsYesYes
MacYesYes
Desktop BrowserNoYes

Quantum Global Securities and Tradeswift Mobile Trading Platforms

Quantum Global Securities and Tradeswift offer you mobile trading platforms which can be used in iOS and Android applications.

Mobile Trading PlatformsQuantum Global SecuritiesTradeswift
Mobile BrowserYesNo
Android AppYesYes
iOS AppYesYes
Windows AppNoNo
Other mobile osNoNo

Quantum Global Securities and Tradeswift Customer Support

Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Quantum Global Securities and Tradeswift give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.

Customer Support FeaturesQuantum Global SecuritiesTradeswift
Relationship ManagerYesYes
Offline TradingYesYes
Online TradingYesYes
24 * 7 SupportNoNo
Email SupportYesYes
Chat SupportNoNo
Toll free numberNoNo
Support Branches12284

Quantum Global Securities and Tradeswift Customer Complaints

The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Quantum Global Securities and Tradeswift registered and resolved complaints.

For Quantum Global Securities, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.

For Tradeswift, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.

We can say that Quantum Global Securities is better than Tradeswift in case of resolving customer complaints.

BSE ComplaintsQuantum Global SecuritiesTradeswift
BSE Complaints10
BSE Resolved Complaints10
Percentage of resolved BSE complaints100.00 %NaN %
NSE Complaints21
NSE Resolved Complaints21
Percentage of resolved NSE complaints100.00 %100.00 %
BSE/NSE Complaint vs. Resolved Percentage100.00 %NaN %

Frequently Asked Questions


  1. Is Quantum Global Securities better than Tradeswift?

    Quantum Global Securities is a full service broker and Tradeswift is a discount broker. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.

  2. Is Tradeswift better than Quantum Global Securities?

    Tradeswift is a discount broker and Quantum Global Securities is a full service broker. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.

  3. Which is cheaper between Quantum Global Securities and Tradeswift?

    Being a full-service broker, Quantum Global Securities tends to have higher brokerage charges, while Tradeswift, being a discount broker, offers comparatively cheaper rates. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.

  4. Which is better, Quantum Global Securities and Tradeswift?

    To figure out which of the two stockbrokers, Quantum Global Securities and Tradeswift, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.


Compare Quantum Global Securities with other stock brokers

Visit the following pages to see a detailed comparision report of Quantum Global Securities with other brokerage firms.


Compare Tradeswift with other stock brokers

Visit the following pages to see a detailed comparision report of Tradeswift with other brokerage firms.