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What is Profit Mart?

  • Profit Mart is a full-service stock brokerage firm in India, offering a wide range of financial and investment services. Registered with SEBI and a member of NSE, BSE, MCX, and NCDEX, Profit Mart has gained popularity among traders and investors for its user-friendly platforms, expert advisory services, and a solid customer support system.
  • It aims to empower retail investors by providing intelligent trading solutions, research-based recommendations, and competitive pricing.

History of Profit Mart

  • Profit Mart was established by a team of financial professionals and market experts with the vision of making equity and commodity trading more accessible to all. It has grown consistently in the past few years by focusing on research-backed advisory, modern trading tools, and transparent business practices.
  • Their focus on client-first philosophy helped them earn the trust of thousands of clients across India.

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Products & Services

  • Profit Mart was established by a team of financial professionals and market experts with the vision of making equity and commodity trading more accessible to all. It has grown consistently in the past few years by focusing on research-backed advisory, modern trading tools, and transparent business practices.
  • Their focus on client-first philosophy helped them earn the trust of thousands of clients across India.

Key Highlights of Profit Mart

  • ✅ SEBI Registered

  • ✅ Member of NSE, BSE, MCX, and NCDEX

  • ✅ Full-Service Stock Broker

  • ✅ Research and Advisory Services

  • ✅ Strong Customer Support

  • ✅ Attractive Brokerage Plans

Services Offered by Profit Mart

1. Equity Trading

Profit Mart allows customers to invest and trade in stocks listed on NSE and BSE. With real-time data and advanced tools, traders get a smooth experience.

2. Derivatives (Futures & Options)

You can trade in equity futures and options using margin benefits and expert calls.

3. Commodity Trading

Profit Mart provides access to commodities trading on MCX and NCDEX, helping you diversify your investment.

4. Currency Trading

They offer Forex or Currency Derivative trading to manage currency risk exposure.

5. Mutual Funds

Invest in top-rated mutual funds via SIPs or lump sum with complete portfolio tracking and expert guidance.

6. IPO Investment

Apply for Initial Public Offerings (IPOs) and participate in India’s growing market of new companies.

7. Research & Advisory

One of the best features of Profit Mart is their in-house research team. You get daily trading tips, stock recommendations, market outlooks, and weekly reports.

8. Trading Platforms

They offer multiple platforms:

ProfitMart Pro Web: A browser-based trading platform

ProfitMart Mobile App: For Android & iOS users

ProfitMart Desktop Terminal: For high-frequency or professional traders

Profit Mart Trading Platforms – A Quick Comparison

  • Account Opening with Profit Mart

    Opening a Demat and Trading Account with Profit Mart is simple and paperless.

    Documents Required:

    • PAN Card

       

    • Aadhar Card

       

    • Bank Proof (Cancelled cheque / statement)

       

    • Passport-size Photograph

       

    • Signature scan

       

    Steps to Open an Account:

    1. Visit Profit Mart Website

       

    2. Click on “Open Account”

       

    3. Fill in your details

       

    4. Upload documents

       

    5. E-sign via Aadhar OTP

       

    6. Account activated within 24-48 hours

       

Profit Mart Brokerage Charges

  • Profit Mart offers custom brokerage plans depending on your trading volume and profile. Here’s a general structure:

💡 Note: Customized plans are also available for active traders or bulk traders.

Profit Mart Margin & Exposure

Profit Mart provides leverage or margin trading facilities based on your segment:

  • Equity Intraday: Up to 5X margin

     

  • F&O and Commodity: As per SEBI rules

     

  • Delivery Trading: No margin

     

Advantages of Using Profit Mart

  • 🧠 Expert Research: Accurate buy/sell calls

     

  • 🔧 Advanced Platforms: Web, app & desktop support

     

  • 💬 Strong Advisory Support: Phone, email, WhatsApp

     

  • 📈 Multiple Investment Options: Equity, MF, IPOs, etc.

     

  • 🔐 Secure & SEBI-Compliant: Trustworthy infrastructure

     

Disadvantages or Limitations

  • 📊 Less-known brand compared to Zerodha or Angel One

     

  • ❌ No free tools like smallcase or direct MF portal

     

  • 📱 App UI may feel basic for heavy traders

     

Customer Support & Assistance

Profit Mart has a decent support system with the following options:

  • 📞 Phone Support: Available during trading hours

     

  • 📧 Email Support: Response within 24 hours

     

  • 💬 WhatsApp Chat: Quick answers for basic queries

     

  • 📍 Branches: Across major Indian cities

Company Overview: Who Is ProfitMart?

ProfitMart, founded in 2010 originally under the name M3Multiple Securities Brokers, operates from Mumbai as a discount brokerage firm offering trading across equities, derivatives, commodities, currencies, mutual funds, and IPOs Garv Thakur. The company brands itself on transparent pricing, robust order execution, and technology-driven trading platforms. It seeks to serve both retail and institutional investors.

Brokerage Charges & Account Fees

ProfitMart’s fee model is competitive and beginner-friendly:

  • Demat and Trading Account: Generally zero or nominal opening charges

     

  • Annual Maintenance Charges (AMC): ~₹300/year for Demat

     

  • Brokerage:

     

    • Equity Delivery: ₹0

       

    • Equity Intraday: ₹20/₹0.01% per executed order

       

    • Futures, Options, Commodities, Currency: ₹20/order

       

Additional charges include SEBI turnover fees, GST, and transaction-related regulatory costs This pricing matches industry-standard discount brokerage models.

Products & Trading Platforms

ProfitMart offers a rich product portfolio:

  • Equities (delivery + intraday)

     

  • Derivatives (F&O with margin tools)

     

  • Commodities (via MCX/NCDEX)

     

  • Currency Trading

     

  • Mutual Funds (SIP-enabled)

     

  • IPOs

     

  • Insurance & Loan Advisory profitmart.inGarv Thakur

     

Their platforms include:

  • ProfitMart Pro: Web-based with advanced charts

     

  • Mobile App: Android/iOS with biometric login

     

  • Algo Platform: API-driven algo trading

     

  • ODIN: Desktop software for high-frequency traders

     

  • Back Office Portal: For statements, reports, contract notes Glassdoor

     

These tools cater to diverse trading styles and skill levels.

Customer Experience & Support

ProfitMart emphasizes customer service with:

  • Dedicated relationship managers for HNI and frequent traders

     

  • Multiple contact options: phone, email, chat

     

  • Educational webinars, market tutorials, and blogs

     

  • In-person support from regional offices AmbitionBox+6Garv Thakur+6profitmart.in+6Indeed

     

While general customer sentiment appears positive, some user reviews have pointed to inconsistent support quality and limited branch access.

Strengths & Weaknesses

Pros:

  • Transparent, low-cost trading: Zero brokerage for delivery; ₹20/trade for other segments

     

  • Tech-driven ecosystem: Customized platforms, algo trading, and API integration

     

  • Versatile product range: From equities to IPOs and insurance advisory

     

  • Responsive support: Relationship managers and educational content

     

Cons:

  • Smaller branch network compared to mainstream brokers

     

  • Research depth: May be lighter than large full-service brokerage houses

     

  • Support consistency: Reports of mixed customer service experiences

     

Employee Insights & Internal Culture

Employee reviews show mixed perspectives. Glassdoor ratings average 4.7/5, praising the supportive work culture and management  Indeed reviews give a 3.3/5 rating, highlighting flexible working conditions but noting competitive pressure and limited advancement options 

Who Should Choose ProfitMart?

  • New investors seeking zero brokerage and easy mutual fund investments

     

  • Active intraday and F&O traders who prefer flat-fee models

     

  • Algo traders and tech enthusiasts benefiting from APIs and advanced platforms

     

  • Clients valuing personal advisory, as ProfitMart provides relationship managers

     

Frequent traders and tech-savvy investors may find ProfitMart particularly well-suited to their needs.

Profit Mart Brokerage Charges

ProfitMart Securities Pvt Ltd offers a compelling mix of transparent pricing, tech-first platforms, and broad trading tools. Although it may not match the extensive research offerings of larger firms or have a nationwide branch network, it excels for cost-conscious, tech-savvy traders seeking modern tools and personalized support. The broker’s low volume of unresolved complaints reinforces its operational reliability, making it a strong choice in India’s discount brokerage ecosystem.

Frequently Asked Questions

As per exchange data, ProfitMart recorded 30 NSE complaints and 4 BSE complaints in 2022–23, with most resolved promptly

No, they charge ₹0 brokerage on equity delivery trades and ₹20 per order for intraday, F&O, commodities, and currency.

Yes, they offer an algo trading platform with API access for custom strategies, ideal for algorithmic traders.

Yes, ProfitMart is a SEBI-registered broker with secure fund handling, CDSL demat accounts, and reliable trading tech.

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