INDmoney Vs ProfitMart
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
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.
INDmoney Vs ProfitMart - Broker Details
| INDmoney | ProfitMart | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2010 |
| Exchanges | NSE, BSE and MCX | BSE, NSE, MCX. |
| Branches | 966 | 32 |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs ProfitMart - Account Opening & AMC Charges
| INDmoney | 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) |
INDmoney Vs ProfitMart - Brokerage charges & Plans
| INDmoney | ProfitMart | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/Order or ₹50/Lot |
| Commodity Options | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/Order or ₹50/Lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
INDmoney Vs ProfitMart - Other Charges
| INDmoney | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹2500 + GST |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs ProfitMart - Transaction Charges
| INDmoney | ProfitMart | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | 0.00325% of Total Turnover |
| Equity Futures | NSE: 0.00195% on total turnover value | 0.00325% of Total Turnover |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | 0.00325% of Total Turnover |
| Equity Options | NSE: 0.053% on premium value | 0.00325% of Total Turnover |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | 0.00325% of Total Turnover |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | 0.00325% of Total Turnover |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | 0.00325% of Total Turnover |
INDmoney Vs ProfitMart - Margin (Exposure)
| INDmoney | ProfitMart | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 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 margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 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) |
INDmoney Vs ProfitMart - Features
| INDmoney | ProfitMart | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs ProfitMart - Review & Rating
| INDmoney | ProfitMart | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
INDmoney Vs ProfitMart - Request a call back from Broker
| INDmoney | ProfitMart | |
|---|---|---|
INDmoney Vs ProfitMart - Investment Options
| INDmoney | ProfitMart | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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INDmoney Vs ProfitMart - Order Type
| INDmoney | ProfitMart | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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INDmoney Vs ProfitMart - Research & Report
| INDmoney | ProfitMart | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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INDmoney Vs ProfitMart - Daily Market Report
| INDmoney | ProfitMart | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs ProfitMart - Suitable For Investor
| INDmoney | ProfitMart | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs ProfitMart - Pros & Cons
| INDmoney | ProfitMart | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 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. |
INDmoney Vs ProfitMart - Background
| INDmoney | ProfitMart | |
|---|---|---|
INDmoney Vs ProfitMart - Compare All Brokers
| INDmoney | ProfitMart | |
|---|---|---|
INDmoney Vs ProfitMart - STT/CTT
| INDmoney | ProfitMart | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side 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 (On Premium) | 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% only on sell side | 0.05% on sell side |
INDmoney Vs ProfitMart - Demat transaction charges
| INDmoney | ProfitMart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹20+ Gst per scrip only on sell |
INDmoney Vs ProfitMart - GST
| INDmoney | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges) |
INDmoney Vs ProfitMart - SEBI Charges
| INDmoney | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs ProfitMart - Account Opening & AMC Charges
INDmoney
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)
INDmoney Vs ProfitMart
| INDmoney | ProfitMart | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Profitmart Review | Brokerage Charges, Account OpeningProfitmart 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.
INDmoney Vs ProfitMart - Brokerage charges & Plans
| INDmoney | ProfitMart | |
|---|---|---|
| Commodity Futures | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20/Order or ₹50/Lot |
| Commodity Options | N/A | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20/Order or ₹50/Lot |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
INDmoney Vs ProfitMart - Margin (Exposure)
| INDmoney | ProfitMart | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 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 margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 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) |
INDmoney Vs ProfitMart - Other Charges
| INDmoney | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹0 (Free) |
| API Charges | N/A | ₹2500 + GST |
| Call & Trade Charges | ₹50 per position | ₹0 (Free) |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs ProfitMart - STT/CTT
| INDmoney | ProfitMart | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side 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 (On Premium) | 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% only on sell side | 0.05% on sell side |
INDmoney Vs ProfitMart - Demat transaction charges
| INDmoney | ProfitMart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹20+ Gst per scrip only on sell |
INDmoney Vs ProfitMart - GST
| INDmoney | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charges) |
INDmoney Vs ProfitMart - SEBI Charges
| INDmoney | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs ProfitMart - Features
| INDmoney | ProfitMart | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
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| Collateral Margin |
|
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| Online Demo |
|
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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