IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

Comparision (ProfitMart VS Upstox)

ProfitMart Vs Upstox

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.


Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

ProfitMart Vs Upstox - Broker Details

ProfitMart Upstox
Single Margin Facility NO
Year of Incorporation 2010 2012
Exchanges BSE, NSE, MCX. BSE, NSE and MCX
Branches 32 45
Brokerage 1 Paisa per Rs.100 Rs.20/Order or 0.05%
Broker Type Discount Broker Discount Broker
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ProfitMart Vs Upstox - Account Opening & AMC Charges

ProfitMart Upstox
Trading Account Opening Charge ₹250+GST(₹45) i.e. ₹295 one time . Rs.249
Demat Account Opening Charge Rs.0 (Free) ₹0 (Free)
Demat Account AMC Rs.999/yearly Rs.300/yearly
Trading Account AMC Rs.0 (Free) Rs.0 (Free)
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ProfitMart Vs Upstox - Brokerage charges & Plans

ProfitMart Upstox
Commodity Futures 1 Paisa per Rs.100 Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures 1 Paisa per Rs.100 Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery 30 Paisa per ₹100 Zero brokerage
Equity Options Rs.25 per lot. Flat Rs. 20 per executed order.
Commodity Options 1 Paisa per Rs.100 Flat Rs. 20 per executed order.
Equity Futures 1 Paisa per Rs.100 Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Rs.25 per lot. Flat Rs. 20 per executed order.
Fixed Charges 1 Paisa per Rs.100 Rs. 20/Order
Equity Intraday 1 Paisa per Rs.100 Rs. 20 per executed order or 0.05% (whichever is lower)
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ProfitMart Vs Upstox - Other Charges

ProfitMart Upstox
RMS Square Off Charge - Rs. 20 per order+ GST
API Charges 2500 + 18% GST ₹ 750 * per month
Call & Trade Charges Rs.0 (free) Rs. 20 per order+ GST
Other Brokerage Charges 1 Paisa per Rs.100 Rs.20/Order or 0.05%
Minimum Brokerage 1 Paisa per Rs.100 Rs.20/order
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ProfitMart Vs Upstox - Transaction Charges

ProfitMart Upstox
Currency Options 0.00325% of Total Turnover NSE: Exchange turnover charge: 0.04% Clearing charge: 0.025% BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures 0.00325% of Total Turnover NSE: Exchange turnover charge: 0.0020%: Clearing charge: 0.0002%
Equity Intraday 0.00325% of Total Turnover NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
Equity Options 0.00325% of Total Turnover NSE: Exchange turnover charge: 0.053% Clearing charge: 0.005%
Commodity 0.00325% of Total Turnover Non-Agri: Exchange turnover charge: 0.0026% Clearing charge: 0.0005%
Currency Futures 0.00325% of Total Turnover NSE: Exchange turnover charge: 0.0009% Clearing charge: 0.0004% BSE: Exchange turnover charge: 0.00022% Clearing charge: 0.0004%
Equity Delivery 0.00325% of Total Turnover NSE: 0.00345% per trade on buy & sell. BSE: charges vary as per the scrip group
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ProfitMart Vs Upstox - Margin (Exposure)

ProfitMart Upstox
Equity Options Up to 3X (Trading Margin) Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Up to 20X (Time Leverage) Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options Up to 3X (Trading Leverage) Basic: 3x | Priority: 4x
Commodity Options Up to 3X 2 times
Commodity Futures Up to 5X (Trading Exposure) Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery 1x (no margin) No extra margins provided
Currency Futures Up to 5X Basic:3x | Priority:4x |
Equity Futures Up to 5X (Time Limit) Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
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ProfitMart Vs Upstox - Features

ProfitMart Upstox
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 EQUITY 3:15, CURRENCY 4:30 PM, COMMODIITES 11:15 PM / 11:40 PM. 3:15
Trading Platform 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator.
SMS Alerts for Trades
Direct Mutual Fund
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ProfitMart Vs Upstox - Review & Rating

ProfitMart Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating Profitmart is rated 3.3 of 5 Upstox is rated 3.9 of 5
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ProfitMart Vs Upstox - Request a call back from Broker

ProfitMart Upstox
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ProfitMart Vs Upstox - Investment Options

ProfitMart Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
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ProfitMart Vs Upstox - Order Type

ProfitMart Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW
After Market Order(AMO)
STBT
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ProfitMart Vs Upstox - Research & Report

ProfitMart Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
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ProfitMart Vs Upstox - Daily Market Report

ProfitMart Upstox
Compare Stock Brokers Review
Compare Stock Brokers Review
Compare Stock Brokers Review
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ProfitMart Vs Upstox - Suitable For Investor

ProfitMart Upstox
Casual Investor
Active Investor
Trader
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ProfitMart Vs Upstox - Pros & Cons

ProfitMart Upstox
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. 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. • Brokerage free trading in Equity delivery segment, which means customer need not to pay any brokerage for delivery trades in equity. • For customers convenience, mobile trading app is available for both android and IOS platforms without any further software charges. • Both web and mobile has After Market Order (AMO), Cover Order (CO) or One Cancel OTHER (OCO) order. • Availability of stop loss in both web and mobile. • Availability of multiple indicators to monitor market. • Upstox bridge for Amibroker helps to code and execute the trading strategies. • Developer console from Upstox helps to build your own trading app. • Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. • Availability of Margin against shares. • For higher leverage, customers can opt for Priority Brokerage Package.
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. • Unavailability of unlimited monthly trading plans. • Extra charge of call and trade fee on per executed order. • In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. • In the basic plan of Upstox, brokerage free trading can be availed only in Equity Delivery Segment. For rest of the segments, brokerage is charged at ₹ 20 or lower per trade. • Even though Upstox basic plan provide brokerage free trading, still demat transaction charges has to be paid by the customer. In fact, if we compare the demat debit transaction charges of Upstox (₹21.83) with other discount brokers (₹15.93), it turns out to be really high. • No provision for stock tips and recommendations. • Unavailability of 3 in 1 account as company doesn’t provide banking services. • Customer support is time constraint. • From Jan 2018 Upstox NRI trading and demat accounts are no longer available. • Unavailability of margin funding on delivery trades.
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ProfitMart Vs Upstox - Background

ProfitMart Upstox
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ProfitMart Vs Upstox - Compare All Brokers

ProfitMart Upstox
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ProfitMart Vs Upstox - Account Opening & AMC Charges

ProfitMart
Upstox
Trading Account Opening Charge
₹250+GST(₹45) i.e. ₹295 one time .
Rs.249
Demat Account Opening Charge
Rs.0 (Free)
₹0 (Free)
Demat Account AMC
Rs.999/yearly
Rs.300/yearly
Trading Account AMC
Rs.0 (Free)
Rs.0 (Free)

ProfitMart Vs Upstox

ProfitMart Upstox
 

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 + " Vs "+ Upstox

Upstox NRI Account Opening, Charges, Services Review

Upstox is one of the most popular discount brokers in the country and a large amount of people are interested in trading through it including not only who resides inside the country but also who live outside the country i.e. NRIs.

NRI Trading Account
 
 

Upstox
Upstox Review Online Share/Stock Trading, Options Trading, Discount Brokers in India, Upstox Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Softwares, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

ProfitMart Vs Upstox - Brokerage charges & Plans

ProfitMart Upstox
Commodity Futures 1 Paisa per Rs.100 Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Futures 1 Paisa per Rs.100 Rs. 20 per executed order or 0.05% (whichever is lower)
Equity Delivery 30 Paisa per ₹100 Zero brokerage
Equity Options Rs.25 per lot. Flat Rs. 20 per executed order.
Commodity Options 1 Paisa per Rs.100 Flat Rs. 20 per executed order.
Equity Futures 1 Paisa per Rs.100 Rs. 20 per executed order or 0.05% (whichever is lower)
Currency Options Rs.25 per lot. Flat Rs. 20 per executed order.
Fixed Charges 1 Paisa per Rs.100 Rs. 20/Order
Equity Intraday 1 Paisa per Rs.100 Rs. 20 per executed order or 0.05% (whichever is lower)
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ProfitMart Vs Upstox - Margin (Exposure)

ProfitMart Upstox
Equity Options Up to 3X (Trading Margin) Option Sell: Basic: 3x | Priority: 4x |
Equity Intraday Up to 20X (Time Leverage) Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
Currency Options Up to 3X (Trading Leverage) Basic: 3x | Priority: 4x
Commodity Options Up to 3X 2 times
Commodity Futures Up to 5X (Trading Exposure) Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Basic: 8x | Priority: 15x | Basic CO: 12x | Priority CO: 15x
Equity Delivery 1x (no margin) No extra margins provided
Currency Futures Up to 5X Basic:3x | Priority:4x |
Equity Futures Up to 5X (Time Limit) Basic: 3x | Priority: 4x | Basic CO: 3x | Priority CO: 4x
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ProfitMart Vs Upstox - Other Charges

ProfitMart Upstox
RMS Square Off Charge - Rs. 20 per order+ GST
API Charges 2500 + 18% GST ₹ 750 * per month
Call & Trade Charges Rs.0 (free) Rs. 20 per order+ GST
Other Brokerage Charges 1 Paisa per Rs.100 Rs.20/Order or 0.05%
Minimum Brokerage 1 Paisa per Rs.100 Rs.20/order
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ProfitMart Vs Upstox - Features

ProfitMart Upstox
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 EQUITY 3:15, CURRENCY 4:30 PM, COMMODIITES 11:15 PM / 11:40 PM. 3:15
Trading Platform 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. 1. Pro Web (Web-based trading platform). 2. Pro Mobile (mobile trading application). 3. Algo Lab (bridge for AmiBroker). 4. Option Strategy Builder. 5. Order Generator.
SMS Alerts for Trades
Direct Mutual Fund
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