Zerodha Vs ProfitMart
Zerodha
Zerodha 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.
Zerodha Vs ProfitMart - Broker Details
| Zerodha | ProfitMart | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2010 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX. |
| Branches | 120+ | 32 |
| Brokerage | ₹20/ Order or 0.03% | ₹20/ Order or 0.03% (whichever is lower) |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Account Opening & AMC Charges
| Zerodha | ProfitMart | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹999 ( Lifetime) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Brokerage charges & Plans
| Zerodha | ProfitMart | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | Zero Brokerage | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/Order or ₹50/Lot |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹20/Order or ₹50/Lot |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Other Charges
| Zerodha | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹2500 + GST |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 or 0.03% (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 |
Zerodha Vs ProfitMart - Transaction Charges
| Zerodha | ProfitMart | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | 0.00325% of Total Turnover |
| Equity Futures | NSE: 0.002% | 0.00325% of Total Turnover |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | 0.00325% of Total Turnover |
| Equity Options | NSE: 0.053% (on premium) | 0.00325% of Total Turnover |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | 0.00325% of Total Turnover |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | 0.00325% of Total Turnover |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | 0.00325% of Total Turnover |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Margin (Exposure)
| Zerodha | ProfitMart | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 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 | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Features
| Zerodha | 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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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| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Review & Rating
| Zerodha | 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 |
Zerodha Vs ProfitMart - Request a call back from Broker
| Zerodha | ProfitMart | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Investment Options
| Zerodha | 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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| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Order Type
| Zerodha | 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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| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Research & Report
| Zerodha | 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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| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Daily Market Report
| Zerodha | ProfitMart | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Suitable For Investor
| Zerodha | ProfitMart | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Pros & Cons
| Zerodha | ProfitMart | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 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 |
Zerodha Vs ProfitMart - Background
| Zerodha | ProfitMart | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Compare All Brokers
| Zerodha | ProfitMart | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - STT/CTT
| Zerodha | ProfitMart | |
|---|---|---|
| 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 the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Demat transaction charges
| Zerodha | ProfitMart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹20+ Gst per scrip only on sell |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - GST
| Zerodha | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charges) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - SEBI Charges
| Zerodha | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Account Opening & AMC Charges
Zerodha
ProfitMart
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹999 ( Lifetime)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Zerodha Vs ProfitMart
| Zerodha | ProfitMart | |
|---|---|---|
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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.
Zerodha Vs ProfitMart - Brokerage charges & Plans
| Zerodha | ProfitMart | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | Zero Brokerage | ₹20/ Order or 0.30% (whichever is lower) |
| Equity Options | ₹20/ Order | ₹20/Order or ₹50/Lot |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹20/Order or ₹50/Lot |
| Fixed Charges | ₹20/Order | ₹20/ Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Margin (Exposure)
| Zerodha | ProfitMart | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 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 | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account | Call Back Open Account |
Zerodha Vs ProfitMart - Other Charges
| Zerodha | ProfitMart | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | ₹2500 + GST |
| Call & Trade Charges | ₹50/ Order | ₹0 (Free) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹20/ Order or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Zerodha Vs ProfitMart - STT/CTT
| Zerodha | ProfitMart | |
|---|---|---|
| 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 the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Zerodha Vs ProfitMart - Demat transaction charges
| Zerodha | ProfitMart | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹20+ Gst per scrip only on sell |
| Call Back Open Account |
Zerodha Vs ProfitMart - GST
| Zerodha | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charges) |
| Call Back Open Account |
Zerodha Vs ProfitMart - SEBI Charges
| Zerodha | ProfitMart | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
| Call Back Open Account |
Zerodha Vs ProfitMart - Features
| Zerodha | ProfitMart | |
|---|---|---|
| Online Portfolio |
|
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| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash (F&O):- 3:15 PM | Currency:- 4:30 PM | Commodity :- 11:15 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 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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| Call Back Open Account | Call Back Open Account |