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Comparision (Upstox VS ProfitMart)

Upstox Vs ProfitMart

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
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 Vs ProfitMart - Broker Details

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

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

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

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

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

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

Upstox 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 3:15 EQUITY 3:15, CURRENCY 4:30 PM, COMMODIITES 11:15 PM / 11:40 PM.
Trading Platform 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. 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge.
SMS Alerts for Trades
Direct Mutual Fund
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Upstox Vs ProfitMart - Review & Rating

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

Upstox ProfitMart
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Upstox Vs ProfitMart - Investment Options

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

Upstox ProfitMart
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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Upstox Vs ProfitMart - Research & Report

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

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

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

Upstox ProfitMart
Pros • 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. 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 • 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. 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.
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Upstox Vs ProfitMart - Background

Upstox ProfitMart
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Upstox Vs ProfitMart - Compare All Brokers

Upstox ProfitMart
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Upstox Vs ProfitMart - Account Opening & AMC Charges

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

Upstox ProfitMart
 

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 + " Vs "+ ProfitMart
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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
Read more..
 
 

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 Vs ProfitMart - Brokerage charges & Plans

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

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

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

Upstox 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 3:15 EQUITY 3:15, CURRENCY 4:30 PM, COMMODIITES 11:15 PM / 11:40 PM.
Trading Platform 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. 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge.
SMS Alerts for Trades
Direct Mutual Fund
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Upstox

ProfitMart