ProfitMart Vs Elite Wealth
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.
ProfitMart Vs Elite Wealth - Broker Details
| ProfitMart | Elite Wealth | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 1990 |
| Exchanges | BSE, NSE, MCX. | NSE, BSE, MCX and NCDEX |
| Branches | 32 | N/A |
| Brokerage | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Broker Type | Full Service Broker | Full Service Broker |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Account Opening & AMC Charges
| ProfitMart | Elite Wealth | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹999 ( Lifetime) | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Brokerage charges & Plans
| ProfitMart | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Delivery | ₹20/ Order or 0.30% (whichever is lower) | 0.33% |
| Equity Options | ₹20/Order or ₹50/Lot | ₹33 per Lot |
| Commodity Options | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Options | ₹20/Order or ₹50/Lot | ₹33 per Lot |
| Fixed Charges | ₹20/ Order | 0.03% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Other Charges
| ProfitMart | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹2500 + GST | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Transaction Charges
| ProfitMart | Elite Wealth | |
|---|---|---|
| Currency Options | 0.00325% of Total Turnover | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% |
| Equity Futures | 0.00325% of Total Turnover | NSE: 0.00195% on Total Turnover value |
| Equity Intraday | 0.00325% of Total Turnover | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Equity Options | 0.00325% of Total Turnover | NSE: 0.053% on Premium value |
| Commodity | 0.00325% of Total Turnover | 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 Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | 0.00325% of Total Turnover | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% |
| Equity Delivery | 0.00325% of Total Turnover | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Margin (Exposure)
| ProfitMart | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Features
| ProfitMart | Elite Wealth | |
|---|---|---|
| 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 (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
ProfitMart Vs Elite Wealth - Review & Rating
| ProfitMart | Elite Wealth | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Request a call back from Broker
| ProfitMart | Elite Wealth | |
|---|---|---|
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Investment Options
| ProfitMart | Elite Wealth | |
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| 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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| Call Back Open Account |
ProfitMart Vs Elite Wealth - Order Type
| ProfitMart | Elite Wealth | |
|---|---|---|
| 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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| Call Back Open Account |
ProfitMart Vs Elite Wealth - Research & Report
| ProfitMart | Elite Wealth | |
|---|---|---|
| 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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| Call Back Open Account |
ProfitMart Vs Elite Wealth - Daily Market Report
| ProfitMart | Elite Wealth | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
ProfitMart Vs Elite Wealth - Suitable For Investor
| ProfitMart | Elite Wealth | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
ProfitMart Vs Elite Wealth - Pros & Cons
| ProfitMart | Elite Wealth | |
|---|---|---|
| Pros | 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. | 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days |
| Cons | 1.It prescribes least brokerage charges. 2.It does not provide the facility of brokerage calculator. 3.\tThe trading platforms are not compatible for web. 4. Average Customer Service. | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Background
| ProfitMart | Elite Wealth | |
|---|---|---|
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Compare All Brokers
| ProfitMart | Elite Wealth | |
|---|---|---|
| Call Back Open Account |
ProfitMart Vs Elite Wealth - STT/CTT
| ProfitMart | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Demat transaction charges
| ProfitMart | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20+ Gst per scrip only on sell | No Charges |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - GST
| ProfitMart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - SEBI Charges
| ProfitMart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Account Opening & AMC Charges
ProfitMart
Elite Wealth
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹999 ( Lifetime)
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
Trading Account AMC
₹0 (Free)
₹0 (Free)
ProfitMart Vs Elite Wealth
| ProfitMart | Elite Wealth | |
|---|---|---|
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 .. + " Vs "+ Elite Wealth |
Elite Wealth Review | Products and Trading Platforms |
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Elite Wealth
ProfitMart Vs Elite Wealth - Brokerage charges & Plans
| ProfitMart | Elite Wealth | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Delivery | ₹20/ Order or 0.30% (whichever is lower) | 0.33% |
| Equity Options | ₹20/Order or ₹50/Lot | ₹33 per Lot |
| Commodity Options | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Currency Options | ₹20/Order or ₹50/Lot | ₹33 per Lot |
| Fixed Charges | ₹20/ Order | 0.03% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Margin (Exposure)
| ProfitMart | Elite Wealth | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal 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 Normal margin (Span + exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Other Charges
| ProfitMart | Elite Wealth | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹0 (Free) |
| API Charges | ₹2500 + GST | ₹0 (Free) |
| Call & Trade Charges | ₹0 (Free) | ₹0 (Free) |
| Other Brokerage Charges | ₹20/ Order or 0.03% (whichever is lower) | 0.03% |
| Minimum Brokerage | ₹20/ Order | 0.03% |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - STT/CTT
| ProfitMart | Elite Wealth | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on Sell Side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% on Sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & Sell |
| Equity Futures | 0.01% on Sell Side | 0.01 % on Sell |
| Commodity Options | 0.05% on sell side | 0.05% on Sell Side |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Demat transaction charges
| ProfitMart | Elite Wealth | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20+ Gst per scrip only on sell | No Charges |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - GST
| ProfitMart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - SEBI Charges
| ProfitMart | Elite Wealth | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
ProfitMart Vs Elite Wealth - Features
| ProfitMart | Elite Wealth | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. Profitmart Mobile App. 2. Tradetron Algo Trading Platform. 3. Fox Trader Trading Platform. 4. API Bridge. | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |