Profitmart NRI Account | Charges, Service and Details
Profitmart NRI Account Opening, Charges, Services Review
Profitmart currently do not offer the facility of opening a NRI trading and demat account. Only the Indian residents can get their demat and trading accounts open with Profitmart. If an Profitmart wishes to open account with Profitmart then he is required to have his Indian residence proofs and Indian bank account. The customers who have recently became had to close their account with Profitmart and open a new account with another broker who offers NRI services.
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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.
Yes, Profitmart is considered as a safe discount brokerage house of India.
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).
Margin rates depends upon the stock brokerage with which you have your demat account. Generally, margin and exposure limit are regulated by SEBI.
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.
A customer has to pay commission i.e., brokerage at the time of buying or selling stock through any stock brokerage. It is known as brokerage charges.
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.
Yes, Profitmart is a SEBI registered stock brokerage firm of India.