ProfitMart Vs INDmoney
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.
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
ProfitMart Vs INDmoney - Broker Details
| ProfitMart | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2019 |
| Exchanges | BSE, NSE, MCX. | NSE, BSE and MCX |
| Branches | 32 | 966 |
| Brokerage | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Broker Type | Discount Broker | Discount Broker |
ProfitMart Vs INDmoney - Account Opening & AMC Charges
| ProfitMart | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹999 ( Lifetime) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
ProfitMart Vs INDmoney - Brokerage charges & Plans
| ProfitMart | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/ Order or 0.30% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/Order or ₹50/Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Order or ₹50/Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
ProfitMart Vs INDmoney - Other Charges
| ProfitMart | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹2500 + GST | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
ProfitMart Vs INDmoney - Transaction Charges
| ProfitMart | INDmoney | |
|---|---|---|
| Currency Options | 0.00325% of Total Turnover | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | 0.00325% of Total Turnover | NSE: 0.00195% on total turnover value |
| Equity Intraday | 0.00325% of Total Turnover | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | 0.00325% of Total Turnover | NSE: 0.053% on premium value |
| Commodity | 0.00325% of Total Turnover | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | 0.00325% of Total Turnover | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | 0.00325% of Total Turnover | NSE - 0.00325% | BSE- 0.00375% |
ProfitMart Vs INDmoney - Margin (Exposure)
| ProfitMart | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
ProfitMart Vs INDmoney - Features
| ProfitMart | INDmoney | |
|---|---|---|
| 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 | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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ProfitMart Vs INDmoney - Review & Rating
| ProfitMart | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ProfitMart Vs INDmoney - Request a call back from Broker
| ProfitMart | INDmoney | |
|---|---|---|
ProfitMart Vs INDmoney - Investment Options
| ProfitMart | INDmoney | |
|---|---|---|
| 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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ProfitMart Vs INDmoney - Order Type
| ProfitMart | INDmoney | |
|---|---|---|
| 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 (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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ProfitMart Vs INDmoney - Research & Report
| ProfitMart | INDmoney | |
|---|---|---|
| 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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ProfitMart Vs INDmoney - Daily Market Report
| ProfitMart | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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ProfitMart Vs INDmoney - Suitable For Investor
| ProfitMart | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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ProfitMart Vs INDmoney - Pros & Cons
| ProfitMart | INDmoney | |
|---|---|---|
| Pros | 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.Reasonalble Brokerage. 4.It has quick and great customer support. 5.It has its branches across India to serve its customers. 6.It provides the online or offline transaction facility. | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 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. 4. Average Customer Service. | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
ProfitMart Vs INDmoney - Background
| ProfitMart | INDmoney | |
|---|---|---|
ProfitMart Vs INDmoney - Compare All Brokers
| ProfitMart | INDmoney | |
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ProfitMart Vs INDmoney - STT/CTT
| ProfitMart | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
ProfitMart Vs INDmoney - Demat transaction charges
| ProfitMart | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20+ Gst per scrip only on sell | ₹250/ per certificate |
ProfitMart Vs INDmoney - GST
| ProfitMart | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
ProfitMart Vs INDmoney - SEBI Charges
| ProfitMart | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ProfitMart Vs INDmoney - Account Opening & AMC Charges
ProfitMart
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹999 ( Lifetime)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
ProfitMart Vs INDmoney
| ProfitMart | INDmoney | |
|---|---|---|
Profitmart Review | Brokerage Charges, Account OpeningProfitmart Securities Private Limited reviews are very important for traders who wants to open account in Profitmart. It is a broking house established in 2010. In Profitmart Securities review focuses on improving the customer’s profit with its best products, services and technology. Profitmart broking firm was formerly .. + " Vs "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
ProfitMart Vs INDmoney - Brokerage charges & Plans
| ProfitMart | INDmoney | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20/ Order or 0.30% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹20/Order or ₹50/Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Order or ₹50/Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20/ Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
ProfitMart Vs INDmoney - Margin (Exposure)
| ProfitMart | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
ProfitMart Vs INDmoney - Other Charges
| ProfitMart | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹2500 + GST | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
ProfitMart Vs INDmoney - STT/CTT
| ProfitMart | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
ProfitMart Vs INDmoney - Demat transaction charges
| ProfitMart | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20+ Gst per scrip only on sell | ₹250/ per certificate |
ProfitMart Vs INDmoney - GST
| ProfitMart | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
ProfitMart Vs INDmoney - SEBI Charges
| ProfitMart | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
ProfitMart Vs INDmoney - Features
| ProfitMart | INDmoney | |
|---|---|---|
| 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 | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |