5Paisa Vs Profit Mart – Comparative Study On Products Offering

5Paisa Vs Profit Mart

These broking companies are giving their trading releted services to the traders. When you are choosing one of them, then you have to know all the corners deeply. Here is the comparative study of 5Paisa vs Profit Mart.

Discount Broker 5Paisa (incorporated in 2016) is a Mumbai based financial institution. 

Being a part of IIFL (India Infoline Finance Ltd) they charge the lowest brokerage, which is INR.20/- per trade.

On the other hand, Prostocks is a leading discount broker of India, started its journey in 2016. 

Being a very customer-oriented broker it has numerous other benefits like lowest exchange transaction charges, lowest stamp duty charges, free DEMAT account AMC, etc.

Notable Features: 


  1. Offers free mutual fund suggestions & brokerage. 
  2. Flat brokerage charge of INR. 20/-. 
  3. Online term insurance is offered as other investment options.
  4. Paperless account opening enabled only with Aadhaar. 
  5. It offers one of the best-equipped platforms for trading. 
  6. Robot enabled platform for investment advising and trading. 

Profit Mart:

  1. Lower exchange transaction charge
  2. Flat fee based for brokerage plans
  3. Strong customer support.
  4. Paperless & fully online account opening process.
  5. Call & trade is the cheapest of all. 
5Paisa Vs Profit Mart

Comparative Study on Overall Organisational Details: 

Comparing 5Paisa & Profit Mart based on overall customer service we derived the below-mentioned details. Here we have compared both the brokers considering the type of organization, broker type, originated location, establishment year & name of the founder.

Particulars5PaisaProfitmart Securities
Company TypePublicPrivate
Broker TypeDiscount BrokerFull-Service Broker
HeadquartersMumbai, IndiaMumbai, India
FounderNirmal Jain &
Rajamani Venkataraman
Niranjan Mahajan,
Nayan Bhandari,
Rudasan R K
Established Year20072010

Comparative Study on Customer Ratings: 

Comparing 5Paisa & Profitmart Securities based on Customer Ratings we get this information. Here we can see that in terms of experience, products & services & research & advisory profit mart is in a leading position. On the other hand, in terms of the brokerage fee 5Paisa is a step ahead.

Particulars 5PaisaProfitmart Securities
Products & Services6.0/107.0/10
Brokerage Charges & Fees9.8/106.8/10
Stock Research & Advisory4.0/107.0/10
Trading Platforms7.0/107.0/10
Overall Ratings6.2/106.8/10
Star Ratings★★★★☆★★★☆☆
Total Client Reviews667148

Account Maintainance Charge & Account Opening Charge: 

Here we have compared 5Paisa & Profitmart Securities based on account opening charge & account maintenance charge. Here we can see from the below contrast that Profit Mart Securities provides account opening for free whereas, 5paisa charges for account opening. Both the broker ensures free AMC on a trading account.

Particulars5PaisaProfitmart Securities
Depository SourceCDSLCDSL
Account Opening ChargesINR.650Zero
DEMAT AMC ChargesINR.400 per AnnumINR.  999 One Time Fee
Trading AMC ChargesFreeFree
Margin MoneyZeroMinimum INR. 10,000
Offline to Online

Compare Brokerage Charge: 

Contrasting 5Paisa & Profit Mart Securities based on Brokerage Charge we get the below details. Here we can see that Profitmart Securities offers a percentage based brokerage charge structure whereas, 5Paisa offers a flat-fee based brokerage charge structure. Both brokers charge a minimum brokerage charge.

Particulars 5Paisa BrokerageProfitmart Securities
Equity Delivery TradingINR.100.30%
Equity Intraday TradingINR.100.01%
Commodity Options TradingNA0.01%
Equity Futures TradingINR. 100.01%
Equity Options TradingINR. 10 per LotINR. 25 per lot
Currency Futures TradingINR. 100.01%
Currency Options TradingINR. 10 per LotINR. 25 per lot
Minimum BrokerageINR. 100.01% for transaction
DEMAT AMC ChargesINR. 400 per AnnumFree
Trading AMC ChargesFreeFree
Margin MoneyZeroMinimum INR. 10,000

Comparative Study on Other Administrative Charges: 

In terms of Administrative transactional charge, we here compared 5Paisa & Profitmart Securities as below. It includes GST, STT, etc. The charges are almost same. But it also should be known, to compare them.

Particulars5PaisaProfitmart Securities
Transaction Charges0.00325% of Total Turnover0.00325% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Comparative Study on Offers : 

Contrasting 5Paisa & Profitmart Securities we get the below comparison on offers. We here can see that in terms of offers Profitmart Securities is ahead of 5 Paisa offering more offers.

Particulars 5PaisaProfitmart Securities
Free DEMAT Account
Free Trading Account
Discount on Brokerage
Trading Happy Hours
Flexible Brokerage Plans
1 Month Brokerage Free
Holiday Offers
Referral Offers
Zero Brokerage for Loss Making Trades

Comparative Study on Services Offered: 

Assessing 5Paisa & Profitmart Securities based on their service offering we derived the below comparison. It includes DEMAT services, IPO services, PMS, intraday services, etc.

Particulars5PaisaProfitmart Securities
DEMAT Services
Trading Services
3 in 1 Account
Intraday Services
IPO Services
Stock Recommendations
Robotic Advisory
Trading Institution
Trading ExposureMaximum 35xMaximum 20x

Comparative Study on Research & Advisory: 

Contrasting 5Paisa & Profitmart Securities based on their research & advisory offering we received the below comparison. Here we can see in the below table that Profitmart securities offer a lot more advisory support than 5Paisa

Particulars5PaisaProfitmart Securities
Fundamental Reports
Research Reports
Company Reports
Annual Reports
Company Stock Review
Free Stock Tips
IPO Reports
Top Picks
Daily Market Review
Monthly Reports
Weekly Reports
Offline Advisory
Relationship Manager

Compare Leverage/Exposure: 

Considering 5Paisa & Profitmart Securities based on product-wise margin we get the below details. It includes equity delivery, equity options, equity futures, commodities, etc.

Particulars5PaisaProfitmart Securities
Equity DeliveryMaximum 5xMaximum 2X
Equity IntradayMaximum 35xMaximum 6X
Equity FuturesMaximum 8xMaximum 3X
Equity OptionsMaximum 12xMaximum 2X
Currency FuturesMaximum 6xMaximum 2X
Currency OptionsMaximum 10xMaximum 3X
CommoditiesMaximum 10xMaximum 2X

Comparative Study on Products: 

Assessing 5Paisa & Profitmart Securities based on their product offering we derived the below comparison. We can see in this comparison 5Paisa offers equity trading, currency trading, options & futures. On the other hand, Profitmart Securities offers equity trading, commodity trading, currency trading, futures & mutual funds. 

Particulars5PaisaProfitmart Securities
Equity Trading
Commodity Trading
Currency Trading
Mutual Funds

Comparison of Trading Terminal: 

Because of the trading terminal offering of 5Paisa & Profitmart Securities, we compared them as below. It includes desktop platform, mobile site, portfolio details, etc.

Particulars5PaisaProfitmart Securities
Desktop Platform – Windows
Desktop Platform – Mac
Desktop Browser Platform
Mobile Site Platform
Android App Platform
iOS App Platform
Windows App Platform
Other Mobile OS Platform
Real-time Updates
Portfolio Details
Online MF Buy
News Flash
Research Reports
Easy Installation
Global Indices
Stock Tips
Personalized Advisory
Interactive Charts
Live Markets
SMS Alerts
Email Alerts
Multi-Account Management
open profit mart demat account

Comparative Study on Customer Assistance

In light of customer assistance, we here have compared 5Paisa & Profitmart Securities as below. 5Paisa offers online trading, 24X7 support helpline & email support. Whereas, Profitmart Securities offers a dedicated personal relationship manager, online trading facility & email support.

Particulars5PaisaProfitmart Securities
Dedicated Dealer
Offline Trading
Online Trading
24*7 Support
Email Support
Chat Support
Toll-Free Number

Comparative Study on Customer Complaint: 

Both these brokers provide multiple channels to their investors to reach them so that they can support the customers in a better way. Here we compared 5Paisa & Profitmart Securities based on their customer complaint handling in the below table. 

Particulars5PaisaProfitmart Securities
Lodged in BSE980
Resolved in BSE860
Lodged in NSE2363
Resolved in NSE2303
open 5 paisa demat account


Finally, we can say that Profitmart Securities (full-service broker) has a huge offering for its customers. But Arihant Capital (full-service broker) offers low charges to its customers. Still, it should be kept in mind that individual investors should opt the broker between 5Paisa vs Profit Mart as per his need only.

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Stockquantum was founded by Dharmendra Mukati in 2018. I am a Trader and Investor in the last 10 years. I am writing here about stock broker review, broker comparison, IPO investment, Crypto currencies, technical analysis, fundamental analysis, sub brokership, mutual fund, personal finance, and our experiences.