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 | Full Service Broker |
Call Back Open Account | Call Back Open Account |
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 - 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 - 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 |
Call Back Open Account | Call Back Open Account |
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 |
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 | Call Back Open Account |
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 | Call Back Open Account |
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 | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Upstox Vs ProfitMart - Investment Options
Upstox | ProfitMart | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account | Call Back Open Account |
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 | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs ProfitMart - Research & Report
Upstox | ProfitMart | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs ProfitMart - Daily Market Report
Upstox | ProfitMart | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account | Call Back Open Account |
Upstox Vs ProfitMart - Suitable For Investor
Upstox | ProfitMart | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account | Call Back Open Account |
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.\tThe trading platforms are not compatible for web. 4. Average Customer Service. |
Call Back Open Account | Call Back Open Account |
Upstox Vs ProfitMart - Background
Upstox | ProfitMart | |
---|---|---|
Call Back Open Account | Call Back Open Account |
Upstox Vs ProfitMart - Compare All Brokers
Upstox | ProfitMart | |
---|---|---|
Call Back Open Account | Call Back Open Account |
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 |
Call Back Open Account | Call Back Open Account |
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 |
Call Back Open Account | Call Back Open Account |
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) |
Call Back Open Account | Call Back Open Account |
Upstox Vs ProfitMart - SEBI Charges
Upstox | ProfitMart | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account | Call Back Open Account |
Upstox Vs ProfitMart - Account Opening & AMC Charges
Upstox Vs ProfitMart
Upstox | ProfitMart | |
---|---|---|
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (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. |
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.
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 | 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 |
Call Back Open Account |
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 |
Call Back Open Account |
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 |
Call Back Open Account |
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) |
Call Back Open Account |
Upstox Vs ProfitMart - SEBI Charges
Upstox | ProfitMart | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Call Back Open Account |
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 | Call Back Open Account |