Diversifying assets is aspired by almost all investors as it is rightfully suggested so. All such possible investment options are provided by Profitmart Securities through its Profitmart Demat Account. Supported by the Profitmart Trading Account, the company provides you with a flawless investment experience.
This article focuses on the key aspects of the trading and demat account, where we discuss the basics. We have also mentioned the benefits of both accounts, including the process to open a demat account.
| Summary | |
| Depository Participant | CDSL |
| Account Opening Charges | Zero |
| Demat AMC | Rs 999 One Time Fee |
| Trading AMC | Free |
| Margin Required | Minimum 10,000 |
| Dematerialization Available | Yes |
What is Profitmart Demat Account & its Benefits?
You get all the investment instruments served, and every option you choose will be stored in your Profitmart Demat Account. You can choose to sell or buy the securities and either way, your demat account will store every security therefore traded.
Here are all the advantages, the company has got in store for you:
- This company’s product list is sprawling and highly compatible for diversification and minimization of losses.
- They have an advanced trading terminal to offer, for free. Comes with a portfolio tracker, which lets you follow up on all your investment options.
- They provide a high degree of support for their entire client base which consists of investors belonging to all classes.
Open Demat Account with Profitmart Now! – Fill up the Form
What is Profitmart Trading Account & its Benefits?
Profitmart Trading Account is used to trade the securities in question. The entire active trading process will take place from your trading account, while the securities traded are stored in the demat account and the funds are adjusted from the bank account. It is a medium of bank account and demat account link.
Read out the benefits of holding a trading account with this company:
- You get high leverage and exposure while investing, increasing your profit possibilities to a great extent.
- You can trade on the go with the Profitmart trading platform which is compatible with all kinds of interfaces.
- There is no applicable AMC on holding a trading account and you will be able to easily follow up on your funds.
You can check the Demat Account details of other Brokers
What are the profitmart Demat Account Charges?
| Charges | |
| Which is the Depository Participant involved? | CDSL |
| What are the Demat account opening charges? | Zero |
| How much is the Demat Account AMC ? | Rs 999 One-Time Fee |
| What is the Trading Account AMC? | Free |
| What is the initial Margin amount required? | Minimum 10,000 |
| Is there any dematerialization available? | Yes |
Unlike a normal social media account, dematt account comes with a special charge often referred to as an account opening fee. Such a fee is not mandatory and ranges as per the personal interest of the company and its policies.
Profitmart Account Opening Charges is our concern here, and we are happy to announce that the fee is waived. The company has decided to keep the Profitmart Demat Account Charges zero, while the AMC still stands applicable.
Also, you need to maintain an amount of Rs.10,000 for a minimum, at all times in your demat account. This balance maintenance is mandatory for the clients.
How much is Profitmart AMC or Annual Maintenance Charge?
A recurring charge should always be kept in check as a portion of your profit or the basic balance amount is deducted frequently. One such recurring charge is Profitmart AMC and levied as per the individual policy of the company.
The company policy is distinctively framed, unlike other companies where AMC is paid once every year. Profitmart asks for a one-time fee of Rs.999 for AMC just like an account opening charge. Without an opening charge, a fee of Rs.999 would suffice for a lifetime hold of demat account. Trading AMC is however zero.
How to Open Profitmart Demat Account?
For an uninterrupted trading and investment experience, Open Profitmart Demat Account by following the below-mentioned steps:
- Move your eyes towards the end of the page to find a button with “Open Demat Account” scribbled over it, and click on it.
- When you click over the button, you will see a pop-up appear right in front of you. Fill in the pop-up form with all the contact details asked of you and press the submit button.
- This would redirect you to the KYC process where you will be asked to provide proof of your identity.
- The document you will be asked for consists of a PAN card, an Aadhaar card, a canceled cheque, and a passport-size photograph. Keep their scanned copies handy as you need to upload them to the website.
- Now, as a routine verification, the company representative will dial you and ask some basic questions.
- If it goes well, they will issue you a demat account sooner, the credentials of which will be sent to you via your email address.
Find out Demat Account Opening Process of other Brokers
General FAQs on Profitmart Demat & Trading Account
Here are the general FAQs of Profitmart :
Does Profitmart provide a Free Demat A/C offer?
The company has not waived the charge, so, you need to pay a fee to avail of their demat account.
Does Profitmart provide Free Trading A/C offer?
Though you may not expect a free demat account, a trading account will be provided without a charge.
Is Profitmart offering Discount on Brokerage?
You can expect heavy discounts from Profitmart, as they have framed their policies to be customer friendly.
Does Profitmart offer Happy hour trading to their clients?
If you are in search of happy hour trading, this company might not be the place you wish to land upon.
Is Profitmart providing a flexible brokerage plan?
The brokerage plans they offer are pretty much flexible and so, you can agree on the percentage you aspire.
Profitmart Demat Account – Conclusion
Let us end the discussion with the quality relationships the company maintains with its clients. They provide exceptional customer service, both before and after services. Consider all of your Profitmart Demat Account queries sorted.
Their fee management, technology services, platforms, and everything is perfectly lined up and also in great demand. Their research services are as well highly aspired for, and work towards client upliftment.
Open Trading Account with Profitmart Now! – Fill up the Form
Here are full demat account reviews of other brokers
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