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Comparision (Upstox VS ProfitMart)

 

Upstox Vs ProfitMart

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with 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 Vs ProfitMart - Broker Details

Upstox ProfitMart
Single Margin Facility
Year of Incorporation 2009 2010
Exchanges BSE, NSE and MCX BSE, NSE, MCX.
Branches Zero 32
Brokerage ₹20/ Order or 0.05% (Whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Broker Type Discount Broker Discount Broker

Upstox Vs ProfitMart - Account Opening & AMC Charges

Upstox ProfitMart
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹999 ( Lifetime)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Upstox Vs ProfitMart - Brokerage charges & Plans

Upstox ProfitMart
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹20/ Order or 0.30% (whichever is lower)
Equity Options ₹20/ Order ₹20/Order or ₹50/Lot
Commodity Options ₹20/ Order ₹20/ Order or 0.03% (whichever is lower)
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Options ₹20/ Order ₹20/Order or ₹50/Lot
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)

Upstox Vs ProfitMart - Other Charges

Upstox ProfitMart
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹2500 + GST
Call & Trade Charges (₹50 + GST) ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order

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% 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% 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% trade on buy & sell | BSE: charges vary as per the scrip group 0.00325% of Total Turnover

Upstox Vs ProfitMart - Margin (Exposure)

Upstox ProfitMart
Equity Options Option Sell: 1x | Option Buying: No Margin 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 margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 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 (no margin) 1x (100% of trade value)
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)

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 Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 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

Upstox Vs ProfitMart - Review & Rating

Upstox ProfitMart
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

Upstox Vs ProfitMart - Request a call back from Broker

Upstox ProfitMart

Upstox Vs ProfitMart - Investment Options

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

Upstox Vs ProfitMart - Order Type

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

Upstox Vs ProfitMart - Research & Report

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

Upstox Vs ProfitMart - Daily Market Report

Upstox ProfitMart
Daily Market Reports & News

Upstox Vs ProfitMart - Suitable For Investor

Upstox ProfitMart
Casual Investor
Active Investor
Trader

Upstox Vs ProfitMart - Pros & Cons

Upstox ProfitMart
Pros 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. 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.
Cons 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.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. 4. Average Customer Service.

Upstox Vs ProfitMart - Background

Upstox ProfitMart

Upstox Vs ProfitMart - Compare All Brokers

Upstox ProfitMart

Upstox Vs ProfitMart - STT/CTT

Upstox ProfitMart
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options 0.05% on sell trade 0.05% on sell side

Upstox Vs ProfitMart - Demat transaction charges

Upstox ProfitMart
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹20+ Gst per scrip only on sell

Upstox Vs ProfitMart - GST

Upstox ProfitMart
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charges)

Upstox Vs ProfitMart - SEBI Charges

Upstox ProfitMart
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs ProfitMart - Account Opening & AMC Charges

Upstox
ProfitMart
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹999 ( Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account
Call Back Open Account

Upstox Vs ProfitMart

Upstox ProfitMart
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

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Profitmart Review | Brokerage Charges, Account Opening

Profitmart 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 ..
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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.

Upstox Vs ProfitMart - Brokerage charges & Plans

Upstox ProfitMart
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹20/ Order or 0.30% (whichever is lower)
Equity Options ₹20/ Order ₹20/Order or ₹50/Lot
Commodity Options ₹20/ Order ₹20/ Order or 0.03% (whichever is lower)
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Currency Options ₹20/ Order ₹20/Order or ₹50/Lot
Fixed Charges ₹20/ Order ₹20/ Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Call Back Open Account Call Back Open Account

Upstox Vs ProfitMart - Margin (Exposure)

Upstox ProfitMart
Equity Options Option Sell: 1x | Option Buying: No Margin 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 margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 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 (no margin) 1x (100% of trade value)
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

Upstox Vs ProfitMart - Other Charges

Upstox ProfitMart
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) ₹2500 + GST
Call & Trade Charges (₹50 + GST) ₹0 (Free)
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹20/ Order or 0.03% (whichever is lower)
Minimum Brokerage ₹20/ Order ₹20/ Order

Upstox Vs ProfitMart - STT/CTT

Upstox ProfitMart
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options 0.05% on sell trade 0.05% on sell side

Upstox Vs ProfitMart - Demat transaction charges

Upstox ProfitMart
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹20+ Gst per scrip only on sell

Upstox Vs ProfitMart - GST

Upstox ProfitMart
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charges)

Upstox Vs ProfitMart - SEBI Charges

Upstox ProfitMart
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

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 Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 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
Call Back Open Account

Upstox

ProfitMart