Profitmart Review, Brokerage Charges, Demat Account, Trading Platforms & Others

Profitmart Securities Private Limited was incorporated in the year 2010. This company was earlier known as M3Multiple Securities Brokers Pvt. Ltd. Profitmart is a full service broker. Lets have a detailed Profitmart Review and get good understanding of Profitmart Demat Account, Profitmart Brokerage Charges, Profitmart Trading Platforms & other important features.

Profitmart Securities Offers

Profitmart – Customer Ratings & Review

Criteria Rating
Research & Advisory 6.2/10
Brokerage Charges & Fees 7.0/10
Products & Services 6.8/10
Trading Platforms 7.0/10
Broking Experience 7.0/10
Overall Ratings 6.8/10

About Profitmart Securities

Company Type Private
Broker Type Full Service Broker
Headquarters Mumbai, India
Co-Founder, Director Niranjan Mahajan, Nayan Bhandari, Yesudasan R K
Established Year 2010

ProfitMartProfitmart Securities is also officially a member of the Bombay Stock Exchange, National Stock Exchange and commodity exchange MCX. It is also registered as a Depository participant with CDSL. Profitmart Securities is one of the fast expanding broking houses in India and has been in the business only since 2010. It is dedicated to retail stock trading model and provides modern and useful trading platforms absolutely FREE services to its customer base and also expert advisory through telegram or WhatsApp.

Its main offerings include Equity Trading, Commodities, Portfolio Management Services, Mutual Funds, Depository Services and Investment Advisory.

Why should you choose Profimart?

  • Zero account opening charge.
  • Advanced Trading Terminal completely free.
  • Trade On the Go with the Mobile App.
  • Provides Single platform for trading in Equity, F&O, Currency and Commodities.
  • Complete transparency in trading.

Get a Call Back from Profitmart

Fill Your Details Here
  1. Open Demat Account

Learn more about Profitmart

As a firm, Profitmart has prized MCX Excellence Award in the last financial year and is best value for money through innovative products, up-to-date technology and personalized services and assistance. It also holds firm emphasis on ethical practices and transparency.

Profitmart has also achieved several distinctive milestones in small time duartion from major stock exchanges like NSE and BSE.

Compare Stock Brokers

Profitmart Brokerage Charges

Equity Delivery Trading 30 paisa per Rs 100
Equity Intraday Trading 1 paisa per Rs 100
Commodity Trading 1 paisa per Rs 100
Equity Futures Trading 1 paisa per Rs 100
Equity Options Trading NA
Currency Futures Trading 1 paisa per Rs 100
Currency Options Trading NA
Minimum Brokerage 0.01% for transaction
Demat AMC Charges Free
Trading AMC Charges Free
Margin Money Minimum 10,000

According to various schemes the requirements will change and so will the brokerage rates applicable to each theme.The brokerage for Profitmart Securities Private Ltd depends upon the amount that one deposits in the trading account. To benefit from reduced brokerage slabs, one can begin by depositing a higher initial margin amount. As it happens, higher the margin deposit, the lesser will be the brokerage charged on the investments.

Profitmart Charges

Apart from Brokerage charges there are few other charges applied for stock market investment, but these are very minimal charges.

Transaction Charges 0.00325% of Total Turnover
STT 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges)

These charges are very small in amount and doesn’t affect return on investment.

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Profitmart Demat Account Opening Fees

Depository Source CDSL
Account Opening Charges Zero
Demat AMC Charges Rs 999 One Time Fee
Trading AMC Charges Free
Margin Money Minimum 10,000
Offline to Online Yes

The Demat Account Opening Fee is Rs 999, which is one time fee for Life time and no AMC charges for it.

Trading Account AMC if free for all plans.

Profitmart Offers

Free Demat Account No
Free Trading Account Yes
Discount on Brokerage Yes
Trading Happy Hours No
Flexible Brokerage Plans Yes
1 Month Brokerage Free Yes, Rs 5555 for 1 month
Holiday Offers Yes
Referral Offers Yes
Zero Brokerage for Loss Making Trades No


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List of Profitmart Offerings:

  • Lifetime Free Trading Account
  • Free AMC Demat Account
  • Free Trading Platforms
  • 10%-20% discount on Brokerage
  • 40x Margin Funding
  • Open Demat Account in 1-3 days

One of the key offers by Profitmart Securities Pvt Ltd is that of the One time fee and Free Lifetime Demat Account, no AMC. This is what makes the offer of Free Lifetime Demat such an attractive proposition for investors. One of the new offers is that of up to 20% discount on brokerage rates. This is applicable when one is making use of the online trading platforms and services.

Get a Call Back from Profitmart

Fill Your Details Here
  1. Open Demat Account

How to open Demat Account with Profitmart?

  • Fill up the Contact Details – Click here
  • Sales team will receive the lead & give a call to prospect immediately
  • Appointment will be fixed as per prospects availability
  • Sales person will visit the prospect
  • Prospect will have to provide few information & documents like Aadhaar Details, PAN Details, Account Opening Fees & POA, cancelled cheque with signature.
    • Account will be activated within 1 working day

Why Open Profitmart Trading Account?

  • Provide single platform for trading in equity, F&O, currency, and commodity.
  • Flexible brokerage plan for all type of Investors.
  • Customized portfolio tracker.
  • Great Feedback & Complaint solving team.
  • Zero account opening charges, free advanced trading terminal that gives super fast real time rates.

Profitmart Products & Services

List of products & services provided by angle broking to its clients

Profitmart Products:

Equity Trading Yes
Commodity Trading Yes
Currency Trading Yes
Options No
Futures Yes
Mutual Funds Yes
Forex No
Banking No
Insurance No

The investors get  quality research reports, advisory services and personalized customer support. One of the mainstays among the products of Profitmart is Equities Trading. The firm provides facilities for derivative trading. It is also now expanding into currencies trading.

List of Products offered by Profitmart.

  • Equity Trading
  • Derivatives
  • Commodity
  • Currency
  • Mutual Funds

Find detailed review of  Opening Demat Account  via Profitmart

Profitmart Services:

Demat Services Yes
Trading Services Yes
3 in 1 Acount Single Window Trading
Intraday Services Yes
IPO Services No
Stock Recommendations Yes, Free
Robo Advisory No
Trading Institution Yes
Trading Exposure Upto 20x

This Full Service Broker provides a wide range of services:

  • Demat Account
  • Trading Account
  • Intraday Trading
  • Advisory Services from Head Office through WhatsApp or SMS
  • 24*6 Customer Support, Sunday Off
  • Depository Service
  • PMS
  • NRI Services
  • Loan against Shares

Profitmart Securities provides Portfolio Management Services to HNIs for their investment decisions, with assistance  in creating diverse and strategic portfolios like equity shares, loan, Mutual Fund and so on.

Profitmart Securities provides dedicated fund management as well as personalized customer support withflexible payment terms. The primary service is to provide the service of a Demat Account. There will also be technical assistance and expert advice in the form of in-depth research reports for the customers.

Customers receive Intraday Trading tips and suggestions which will help you buy and sell stocks on the same day. There are also Investment Advisory services and services for NRIs.

Profitmart Research, Advisory & Stock Tips

Check this table for entire details related to Profitmart Stock Tips, Research & Recommendations.

Fundamental Reports Yes
Research Reports Yes
Company Reports Yes
Annual Reports Yes
Company Stock Review Yes
Free Stock Tips Yes
IPO Reports No
Top Picks No
Daily Market Review Yes
Monthly Reports Yes
Weekly Reports Yes
Offline Advisory Yes
Relationship Manager Yes

Profitmart  – Refer and Earn Scheme

Refer any friend or family members to have an extra income. You can earn easily up to 20% of brokerage amount through referrals. Below are shown the plans and brokerage charges:

1 25,000 25,000 5,000
2 25,000 50,000 10,000
3 25,000 75,000 15,000
4 25,000 1,00,000 20,000
5 25,000 1,25,000 25,000
6 25,000 1,55,000 30,000
7 25,000 1,75,000 35,000
8 25,000 2,00,000 40,000
9 25,000 2,25,000 45,000
10 25,000 2,50,000 50,000

Profitmart Exposure or Leverage

Exposure varies on various parameter:

Equity Delivery Upto 20x
Equity Intraday Upto 20x
Equity Futures Upto 8x
Equity Options NA
Currency Futures Upto 8x
Currency Options NA
Commodities Upto 10x


Check Margin or Exposure of other stock brokers

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Profitmart Trading Platforms

Profitmart provides limited range of trading platform for across devices & browser, let check these trading platforms.

Here is the list of their features:

Desktop Platform – Windows Yes
Desktop Platform – Mac No
Desktop Browser Platform No
Mobile Site Platform No
Android App Platform Yes
iOS App Platform Yes
Windows App Platform Yes
Other Mobile OS Platform No
Real time Updates Yes
Portfolio Details No
Online MF Buy No
News Flash No
Research Reports Yes
Easy Installation Yes
Global Indices No
Stock Tips Yes
Personalized Advisory No
Interactive Charts Yes
Live Markets Yes
SMS Alerts Yes
Email Alerts Yes
Multi Account Management No

Profitmart App : Mobile App based Trading Platform

A mobile app that allows customers to trade in stocks on the go. Available on both Google Play Store and App Store, this app provides multiple indexes with real-time prices as well as streaming market news alerts and intraday charts for all segments.

Profitmart: Web based Trading Platform

Coming soon.

Profitmart: Desktop based Trading Terminal – NEST

This is an application-based trading platform to analyze historical data of stocks for advanced-level analysis that will help in better investment decisions in the future. It also gives the user a lot of efficient access to the portfolio and enables the same to manage investments easily.

Mobile Web based Trading Platform:

Coming soon.

Mobile Browser based Trading Platform: for iOS and Android

This is a browser based platform and is specifically made for slow GPRS connections, works well with  3G and 4G devices.

Profitmart Customer Support

Here is the list of support this broking company provides to their client

Dedicated Dealer Yes
Offline Trading No
Online Trading Yes
24*7 Support No, 24*6
Support Number 022 4974 1225
Email Support Yes
Chat Support No
Toll Free Number No
Branches 16

Profitmart Complaints & Feedback

Find the list of total complaints lodged & resolved at both the exchanges.

Lodged in BSE 0
Resolved in BSE 0
Lodged in NSE 3
Resolved in NSE 3

Profitmart’s Feedback team seems to be very proactive as they resolve all the client complaints & feedback within 48 hoursor as soon as possible.

Profitmart Advantages & Disadvantages

Here are the list of pros & cons of Profitmart.


  • Great offers and lucrative offer from time to time
  • Smart trading platforms
  • Offline/online transaction facility
  • It helps investors to make forays into the derivatives market
  • Great customer support
  • It also gives franchisee for business


  • Prescribes minimum brokerage charges
  • Does not provide any brokerage calculator
  • Trading Platforms are not available for Web
  • Various products are yet to be launched

Get a Call Back from Profitmart

Fill Your Details Here
  1. Open Demat Account

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