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A complete review guide of Profitmart Securities

Profitmart Securities Private Limited is a brokerage firm founded in 2010. With its superior goods, services, and technology, it focuses on increasing the customer's profit. It was originally known as M3 Multiple Securities Brokers Private Limited.

Officially, Profitmart belongs to the BSE, NSE, and MCX Commodity Exchange. The company is listed with CDSL as a Depository Participant. It is one of the Indian brokerage businesses with the fastest rate of growth.

With Profitmart customers can indulge in trading in equity, F&O, currency, and commodities. Equity Trading, Commodities, Portfolio Management Services, Mutual Funds, Depository Services, and Investment Advisory are all included in its product offering. It offers its clientele contemporary and practical trading platforms as free services, as well as expert counseling through WhatsApp or Telegram.




Products and Services

Profitmart offers goods and services such as equity trading with the greatest technology, analysis, accessibility, and convenience. The organization is committed to assisting clients in selecting the ideal time, position, and method of investment. It offers a mechanism for stock trading that is both offline and online.

Profitmart offers a variety of investment opportunities in:

· Equity

· IPO

· Mutual Funds

· Commodity Trading

· Currency Trading

· Real Estate

· Derivatives

Other services offered by the organization include wealth management, which entails helping the clients fit their financial puzzle pieces together. Additionally, the business offers its clients depository services for risk-free, paperless, and affordable transactions. Additionally, it offers the Stock SIP service.

With the aid of Profitmart, the client may effectively and consistently save money.


Fees for Opening a Demat Account with Profitmart Securities

The company can be tagged as a full-service brokerage firm. Within just 9 years of being in business, they have served a large number of clients and one of the reasons for the continued clientele base is these economic charges.


Which is the Depository Participant involved?

CDSL

What are the Demat account opening charges?

Zero

How much is the Demat AMC?

Rs 999 One-Time Fee

What is the Trading AMC?

Free

What is the initial Margin amount required?

Minimum 10,000

Is dematerialization available?

Yes

Brokerage Fees Imposed By Profitmart Securities On Different Categories

Brokerage fees at Profitmart Securities are considered to be relatively affordable. Compared to industry norms, their prices are rather reasonable.


Particulars

Brokerage Charged

Equity Delivery Charges

0.30%

Equity Intraday Charges

0.01%

Commodity Trading

0.01%

Equity Futures

0.01%

Equity Options

Rs.25 per lot

Currency Futures

0.01%

Currency Options

Rs.25 per lot

Minimum Brokerage

0.01% for transaction

Demat AMC

Free

Trading AMC

Free

Minimum Margin Required

Minimum 10,000

Process To Open a Profitmart Securities Demat & Trading Account :

You might wish to invest with Profitmart Securities now that you're familiar with their fees and services.

An account with Profitmart Securities Demat is required for that. It will work even with a trading account. To register a few procedures must be followed. The steps are as follows:

  • Visit the Profitmart securities web page. Locate the “open Demat Account” button and click it.

  • This will redirect you to a form. Fill in the details asked carefully. The details should be verifiable.

  • Next, you will need to upload a few documents, namely:

  1. Copy of Adhaar Card / Voter’s ID Card.

  2. Copy of PAN Card.

  3. Copy of your updated bank account statement.

  • Once the documents are successfully uploaded, you can submit the form.

  • After that, a corporate representative will be in touch with us. They will walk you through the additional formalities. Additionally, the agent will assist you in opening the necessary Trading or Demat Account.

  • Within a few hours of the call, you'll be given access to your new account.

  • In terms of client satisfaction, Profitmart Securities has been outstanding. In NSE, they've only had 3 complaints filed against them. They were quickly all resolved. They were not the subject of any BSE complaints.

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