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 – Customer Ratings & Review

CriteriaRating
Research & Advisory6.2/10
Brokerage Charges & Fees7.0/10
Products & Services6.8/10
Trading Platforms7.0/10
Broking Experience7.0/10
Overall Ratings6.8/10

About Profitmart Securities

Company TypePrivate
Broker TypeFull Service Broker
HeadquartersMumbai, India
Co-Founder, DirectorNiranjan Mahajan, Nayan Bhandari, Yesudasan R K
Established Year2010

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 AccountBecome Sub Broker

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.


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Profitmart Brokerage Charges

Equity Delivery Trading30 paisa per Rs 100
Equity Intraday Trading1 paisa per Rs 100
Commodity Trading1 paisa per Rs 100
Equity Futures Trading1 paisa per Rs 100
Equity Options TradingNA
Currency Futures Trading1 paisa per Rs 100
Currency Options TradingNA
Minimum Brokerage0.01% for transaction
Demat AMC ChargesFree
Trading AMC ChargesFree
Margin MoneyMinimum 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 Charges0.00325% of Total Turnover
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)

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


Profitmart Demat Account Opening Fees

Depository SourceCDSL
Account Opening ChargesZero
Demat AMC ChargesRs 999 One Time Fee
Trading AMC ChargesFree
Margin MoneyMinimum 10,000
Offline to OnlineYes

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 AccountNo
Free Trading AccountYes
Discount on BrokerageYes
Trading Happy HoursNo
Flexible Brokerage PlansYes
1 Month Brokerage FreeYes, Rs 5555 for 1 month
Holiday OffersYes
Referral OffersYes
Zero Brokerage for Loss Making TradesNo

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 AccountBecome Sub Broker

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 TradingYes
Commodity TradingYes
Currency TradingYes
OptionsNo
FuturesYes
Mutual FundsYes
ForexNo
BankingNo
SIPNo
InsuranceNo

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 ServicesYes
Trading ServicesYes
3 in 1 AcountSingle Window Trading
Intraday ServicesYes
IPO ServicesNo
Stock RecommendationsYes, Free
Robo AdvisoryNo
PMSNo
Trading InstitutionYes
Trading ExposureUpto 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 ReportsYes
Research ReportsYes
Company ReportsYes
Annual ReportsYes
Company Stock ReviewYes
Free Stock TipsYes
IPO ReportsNo
Top PicksNo
Daily Market ReviewYes
Monthly ReportsYes
Weekly ReportsYes
Offline AdvisoryYes
Relationship ManagerYes

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:

No. of ClientsAVG. BROKERAGE P. A.TOTAL BROKERAGECLIENT RP EARNINGS
125,00025,0005,000
225,00050,00010,000
325,00075,00015,000
425,0001,00,00020,000
525,0001,25,00025,000
625,0001,55,00030,000
725,0001,75,00035,000
825,0002,00,00040,000
925,0002,25,00045,000
1025,0002,50,00050,000

Profitmart Exposure or Leverage

Exposure varies on various parameter:

Equity DeliveryUpto 20x
Equity IntradayUpto 20x
Equity FuturesUpto 8x
Equity OptionsNA
Currency FuturesUpto 8x
Currency OptionsNA
CommoditiesUpto 10x

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 – WindowsYes
Desktop Platform – MacNo
Desktop Browser PlatformNo
Mobile Site PlatformNo
Android App PlatformYes
iOS App PlatformYes
Windows App PlatformYes
Other Mobile OS PlatformNo
Real time UpdatesYes
Portfolio DetailsNo
Online MF BuyNo
News FlashNo
Research ReportsYes
Easy InstallationYes
Global IndicesNo
Stock TipsYes
Personalized AdvisoryNo
Interactive ChartsYes
Live MarketsYes
SMS AlertsYes
Email AlertsYes
Multi Account ManagementNo

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 DealerYes
Offline TradingNo
Online TradingYes
24*7 SupportNo, 24*6
Support Number022 4974 1225
Email SupportYes
Chat SupportNo
Toll Free NumberNo
Branches16

Profitmart Complaints & Feedback

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

Lodged in BSE0
Resolved in BSE0
Lodged in NSE3
Resolved in NSE3

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.

Advantages

  • 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

Disadvantages

  • 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 AccountBecome Sub Broker

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