Flattrade Vs ProfitMart
Flattrade
Flattrade Capital Services Review 2021 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Flattrade Vs ProfitMart - Broker Details
| Flattrade | ProfitMart | |
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| Single Margin Facility |
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| Year of Incorporation | 2004 | 2010 |
| Exchanges | BSE, NSE and MCX | BSE, NSE, MCX. |
| Branches | 5 | 32 |
| Brokerage | Rs.20 per executed order | 1 Paisa per Rs.100 |
| Broker Type | Discount Broker | Discount Broker |
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Account Opening & AMC Charges
| Flattrade | ProfitMart | |
|---|---|---|
| Trading Account Opening Charge | Rs.0 (Free) | ₹250+GST(₹45) i.e. ₹295 one time . |
| Demat Account Opening Charge | Rs.0 (Free) | Rs.0 (Free) |
| Demat Account AMC | Rs.0 (Free) | Rs.999/yearly |
| Trading Account AMC | Rs.0 (Free) | Rs.0 (Free) |
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Brokerage charges & Plans
| Flattrade | ProfitMart | |
|---|---|---|
| Commodity Futures | ₹10 per executed order | 1 Paisa per Rs.100 |
| Currency Futures | ₹10 per executed order | 1 Paisa per Rs.100 |
| Equity Delivery | Nil | 30 Paisa per ₹100 |
| Equity Options | ₹10 per executed order | Rs.25 per lot. |
| Commodity Options | ₹10 per executed order | 1 Paisa per Rs.100 |
| Equity Futures | ₹10 per executed order | 1 Paisa per Rs.100 |
| Currency Options | ₹10 per executed order | Rs.25 per lot. |
| Fixed Charges | ₹10 per executed order | 1 Paisa per Rs.100 |
| Equity Intraday | ₹10 per executed order | 1 Paisa per Rs.100 |
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Other Charges
| Flattrade | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | - | - |
| API Charges | Does not provide API | 2500 + 18% GST |
| Call & Trade Charges | Rs.50 or 0.01% of trade value per executed order | Rs.0 (free) |
| Other Brokerage Charges | Rs.20 per executed order | 1 Paisa per Rs.100 |
| Minimum Brokerage | Rs.20 per executed order | 1 Paisa per Rs.100 |
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Transaction Charges
| Flattrade | ProfitMart | |
|---|---|---|
| Currency Options | NSE: 0.035% BSE: 0.001% | 0.00325% of Total Turnover |
| Equity Futures | 0.0020% | 0.00325% of Total Turnover |
| Equity Intraday | NSE: 0.00345% (For Nifty 50, Nifty It); BSE 0.03% NSE: 0.00275% (Other than Nifty 50 & Nifty It) | 0.00325% of Total Turnover |
| Equity Options | 0.053% (On prem) | 0.00325% of Total Turnover |
| Commodity | 0.0026%; 0.0013% (FAR MONTH CONTRACT) | 0.00325% of Total Turnover |
| Currency Futures | NSE: 0.0009% BSE: 0.00022% | 0.00325% of Total Turnover |
| Equity Delivery | 0.00325%NSE: 0.00345 (For Nifty 50, Nifty IT) BSE: 0.003% NSE: 0.00275% (Other than Nifty 50 and Nifty IT) | 0.00325% of Total Turnover |
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Margin (Exposure)
| Flattrade | ProfitMart | |
|---|---|---|
| Equity Options | Up to 3X (Trading Margin) | |
| Equity Intraday | Up to 20X | Up to 20X (Time Leverage) |
| Currency Options | Up to 3X (Trading Leverage) | |
| Commodity Options | Up to 3X | |
| Commodity Futures | Up to 4 times | Up to 5X (Trading Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | Up to 5X | |
| Equity Futures | Up to 4 times | Up to 5X (Time Limit) |
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Features
| Flattrade | ProfitMart | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | EQUITY 3:15, CURRENCY 4:30 PM, COMMODIITES 11:15 PM / 11:40 PM. |
| Trading Platform | NEST, NSE NOW, Fortune Trading Mobile App | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Review & Rating
| Flattrade | ProfitMart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | Profitmart is rated 3.3 of 5 | |
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Request a call back from Broker
| Flattrade | ProfitMart | |
|---|---|---|
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Investment Options
| Flattrade | ProfitMart | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Order Type
| Flattrade | ProfitMart | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW |
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| After Market Order(AMO) |
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| STBT |
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| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Research & Report
| Flattrade | ProfitMart | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Daily Market Report
| Flattrade | ProfitMart | |
|---|---|---|
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Suitable For Investor
| Flattrade | ProfitMart | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Pros & Cons
| Flattrade | ProfitMart | |
|---|---|---|
| Pros | 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. | 1. It provides various offers from time to time. 2. It provides the advanced and smart trading platforms that makes trading easy and efficient. 3. It provides the online or offline transaction facility. 4. It has quick and great customer support. 5. It has its branches across India to serve its customers. |
| Cons | 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. | 1. It prescribes least brokerage charges. 2. It does not provide the facility of brokerage calculator. 3. The trading platforms are not compatible for web. |
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Background
| Flattrade | ProfitMart | |
|---|---|---|
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Compare All Brokers
| Flattrade | ProfitMart | |
|---|---|---|
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Account Opening & AMC Charges
Flattrade
ProfitMart
Trading Account Opening Charge
Rs.0 (Free)
₹250+GST(₹45) i.e. ₹295 one time .
Demat Account Opening Charge
Rs.0 (Free)
Rs.0 (Free)
Demat Account AMC
Rs.0 (Free)
Rs.999/yearly
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)
Flattrade Vs ProfitMart
| Flattrade | ProfitMart | |
|---|---|---|
Flattrade Trading NRI Account ReviewFlattrade Trading is no longer offering NRI trading and demat account. Only Indian residents can open demat accounts with Flattrade Trading. If any NRI wish to open demat account with Flattrade Trading for trading purpose, they must have Indian residence proofs and Indian bank account. + " Vs "+ ProfitMart |
Profitmart NRI Account Opening, Charges, Services ReviewProfitmart 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
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ProfitMart
Profitmart Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges Profitmart Review of NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Flattrade Vs ProfitMart - Brokerage charges & Plans
| Flattrade | ProfitMart | |
|---|---|---|
| Commodity Futures | ₹10 per executed order | 1 Paisa per Rs.100 |
| Currency Futures | ₹10 per executed order | 1 Paisa per Rs.100 |
| Equity Delivery | Nil | 30 Paisa per ₹100 |
| Equity Options | ₹10 per executed order | Rs.25 per lot. |
| Commodity Options | ₹10 per executed order | 1 Paisa per Rs.100 |
| Equity Futures | ₹10 per executed order | 1 Paisa per Rs.100 |
| Currency Options | ₹10 per executed order | Rs.25 per lot. |
| Fixed Charges | ₹10 per executed order | 1 Paisa per Rs.100 |
| Equity Intraday | ₹10 per executed order | 1 Paisa per Rs.100 |
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Margin (Exposure)
| Flattrade | ProfitMart | |
|---|---|---|
| Equity Options | Up to 3X (Trading Margin) | |
| Equity Intraday | Up to 20X | Up to 20X (Time Leverage) |
| Currency Options | Up to 3X (Trading Leverage) | |
| Commodity Options | Up to 3X | |
| Commodity Futures | Up to 4 times | Up to 5X (Trading Exposure) |
| Equity Delivery | 1x (no margin) | 1x (no margin) |
| Currency Futures | Up to 5X | |
| Equity Futures | Up to 4 times | Up to 5X (Time Limit) |
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Other Charges
| Flattrade | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | - | - |
| API Charges | Does not provide API | 2500 + 18% GST |
| Call & Trade Charges | Rs.50 or 0.01% of trade value per executed order | Rs.0 (free) |
| Other Brokerage Charges | Rs.20 per executed order | 1 Paisa per Rs.100 |
| Minimum Brokerage | Rs.20 per executed order | 1 Paisa per Rs.100 |
| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |
Flattrade Vs ProfitMart - Features
| Flattrade | ProfitMart | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Eq Cash: 3:20 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | EQUITY 3:15, CURRENCY 4:30 PM, COMMODIITES 11:15 PM / 11:40 PM. |
| Trading Platform | NEST, NSE NOW, Fortune Trading Mobile App | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Enquiry with Flattrade Open Account | Enquiry with ProfitMart Open Account |