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Profitmart Brokerage Review

ProfitMart Track Record Of Best Online Stock Broker In India

  • Life

    3.4

    Company Rating

  • Life

    60+

    Cities Covered

  • Life

    60K+

    Orders Per Day

  • Life

    10K Lacs+

    Daily Turnover

  • Life

    20K+

    Our Client Base

  • Life

    3.4

    Mobile App Rating

  • Life

    3.4

    Company Rating

  • Life

    60+

    Cities Covered

  • Life

    60K+

    Orders Per Day

  • Life

    10K Lacs+

    Daily Turnover

  • Life

    20K+

    Our Client Base

  • Life

    3.4

    Mobile App Rating

 
 
 

ProfitMart Account Opening Enquiry

 
 
 
 

Profitmart Brokerage Review

Profitmart Securities Private Limited is a broking house established in 2010. It focuses on improving the customer’s profit with its best products, services and technology. It was formerly known as M3Multiple Securities Brokers Private Limited. With Profitmart, the customer can trade in Equity, F&O, Currency and Commodities.
The organisation works as a franchise broking business with the sub brokers. It has local camps and bases in the form of franchise to increase its local visibility and add on to its client’s base. The firm focuses on providing active support to the sub brokers in client acquisition, product training and business development.
This stock broker provides products and services that include trading in equities with the best technology, research, access and ease. The firm focuses on helping the clients to make the correct choice as to when, where and how to invest. It provides both the offline and online reach and delivery model for equity trading. The customers can also trade in commodities by its own research and Knowledge. It provides the user-friendly online trading platforms for the commodity sectors like bullion, base metals, energy and agriculture.

Profitmart Brokerage Charges
A customer has to pay commission i.e. brokerage at the time of buying or selling stock through Profitmart.
The Brokerage Charges of Profitmart for various segments are shown in the table below:

Segment

Brokerage Charges

Equity Delivery Trading

30 Paisa per ₹100

Equity Intraday Trading

1 Paisa per ₹100

Commodity Trading

1 Paisa per ₹100

Equity Futures Trading

1 Paisa per ₹100

Equity Options Trading

NA

Currency Futures Trading

1 Paisa per ₹100

Currency Options Trading

NA

Minimum Brokerage

0.01% for Transaction

Demat AMC Charges

Free

Trading AMC Charges

Free

 

If we look from the full-service stock broking perspective, the brokerage values are reasonable in nature. The brokerage monetary value increases with an increase in the customer’s overall trading turnover. The customers are suggested to further negotiate on the charges to improve their profits.
The brokerage for Profitmart depends upon the amount that the customer deposits in the trading account. In order to receive benefit from the reduced brokerage slabs, the customer can begin by depositing a higher initial margin amount. This means higher the margin deposit; the lesser will be the brokerage charged on the investments.

There are few other brokerage charges that are charged for stock market investment but these are very minimal charges.

Transaction Charges

0.00325% of Total Turnover

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)


These charges are small amounts and they do not affect the Return on Investment (ROI).

Frequently Asked Questions


Profitmart provides around 1-2 calls in a month (minimum of 20 calls in a year). However, it is not predetermined every month and it looks at the opportunities ideally when the market offers good value.
Fees once paid are non-cancellable and non-refundable.
The customer can invest with the starting capital of ₹2 to ₹3 lacs for investing in profitmart’s investment calls.
The customer cannot have multiple demat and trading account with a single stock broker.
Profitmart services are not suitable for the investors or traders who consider 1 to 3 years as a very long time for investment or for the people who consider investing as gambling or for a person who is a compulsive trader or investor.
Yes, the normal stock market timings in India are between 9:15 AM to 03:30 PM.
The opening of demat account is very easy as it is a complete paperless and that can be done online. As the demat account does not require any physical documentation. Profitmart is one of the best platforms that you can trust and rely to open a demat account in order to avail advanced trading technology.
Benefits of holding demat account with Profitmart are: • Fastest account opening process. • Attractive brokerage. • Highest leverage. • Advanced mobile trading application. • Advanced Algo trading.
You will receive a WhatsApp message on an email given to Profitmart and an SMS stating that a new investment call has been generated.
You can place trades through us via offline (through the dealer provided to you) or online (By logging into the online products offered by Profitmart).
Profitmart gives a margin ranging from 2X to 20X times.
Yes, As Profitmart suggests to buy a stock it will also suggest to exit the stock either partially or fully based on some events that materially impact its financial performance.
Yes, you can take delivery in selected commodities i.e. Agri, Gold and Silver.
It is an emerging broking house in India that offers various diversified investment options like Equities, Derivatives, Currency, Commodities, IPO, Mutual funds and Real estate.
Profitmart endeavor to provide returns that are significantly higher than overall market returns but cannot guarantee returns as equity returns are lumpy and give attractive returns via other asset classes.
It offers a margin for 3X for Options.
Equity, Commodity and Currency account can be opened with Profitmart.
Traditionally, the indices have been used as information sources. By looking at an index you get to know how the market is faring. The information aspect also figures in myriad applications of stock market indices in economic research.
Once the payment is verified from Profitmart’s bank account, the subscriber will require to complete the KYC and Risk Profile Questionnaire (as mandated by SEBI). Post this verification your account will be active.
Yes, we provide updates on all the stocks suggested by us. Profitmart ensure that there is a regular follow up on the companies tracked by it and which it shares to its subscribers by email.
In order to subscribe to Profitmart services, visit to the products button on the home page that contains all the product and pricing details of its Fundamental Advisory Products, Workshops and Portfolio Advisory Services.

ProfitMart Reviews