Profit Mart and Finvasia are both stock brokering service providers and they focus on making their clients satisfied with their friendly user interface and ensures that the transactions of trading are secure.
You will get to know the information on different charges that they provide and also other data of Profit Mart Finvasia comparison.
Profit Mart Vs Finvasia company details
Profit Mart
Profit Mart is another emerging full-service broker company that was founded in 2010 by 4 professionals Rakesh Sonawane, Yesudasan R K, Niranjan Mahajan and Nayan Bhandari who also is its directors.
Before Profit Mart Securities was known as M3Multiple Securities and is located in Mumbai.
They work in real estate, stock sip, depository, currency, wealth management, mutual funds with a lot of advanced tools for simplicity in trading for an overall increase in profit.
Finvasia
Finvasia was founded in Chandigarh in the year 2013 by Natty Virk and Sarvjit Singh Virk, two Wall Street professionals, who started their business in India and also has their business in London, Canada and a wide network in other countries like Singapore, Dubai, Mexico, Hong Kong, etc.
They have a business in overseas, therefore, their products are vast which includes asset management, NRI management, bonds, hedge funds, retail customers, investment banking and serves 14 countries for advisory related service.
Particulars
Profit Mart
Finvasia
Company Type
Private
Private
Established in
2010
2013
Headquarters
Mumbai, India
Chandigarh, India
Founder(s)
Mr. Rakesh Sonawane, Mr. Nayan Bhandari, Mr. Yesudasan R K, Mr. Niranjan Mahajan
Mobile App – Experience the facilities and advantages of trading using your mobile handset where you can invest your money smoothly without any worry.
Other than providing real-time charts and data analysis over the years, the app features advanced tools for market analysis with instant updates related to stock news and the market with guidance to trading and quick refresh of the page.
Finvasia
Symphony – Also known as blitz trader, it is an API based platform which is an algorithmic software for trading that allows the clients to custom design their trading interface with tools which gives the developers to configure it
It is used for the management of risk, orders, and execution of trade processing and workflow. The price of shares can be predicted, events and news are used to create strategies, etc.
Scalpert – A portable application platform for both web and mobile, where indicators in the form of charts are available in real-time with fund transfer, holding lists generation, instant payment, portfolio health, and position updates, watch list, etc.
– A third party platform linked with Finvasia that their customers can use with a nominal charge. Finvasia offers a 15-day trial to use it and it provides a lot of features like calculators for probability, the risk for the market, easily monitors and manages futures, options, indicators for ranking and positions of stocks.
Investment Options
Profit Mart
Finvasia
Stock/Equity Trading
Available
Available
Commodity Trading
Available
Available
Currency & Derivatives
Available
Available
Online IPO Application
Available
Available
Mutual Funds
Available
Available
Bond/NCD
Not Available
Not Available
Debt
Available
Available
ETF
Available
Available
Banking
Not Available
Available
Insurance
Not Available
Not Available
Forex
Not Available
Available
Equity SIP Investment
Available
Available
MF SIP Investment
Not Available
Available
PMS
Available
Available
Profit Mart VS Finvasia Benefit Comparison
Profit Mart
Finvasia
There is a download section from Profit Mart where various forms like reactivation form, equity kyc form, nomination form, various policy documents, daily margin file and more to have a hassle free experience.
The business partner programme of their is based on the model of franchise sharing where only a fixed discounted fee is to be spent and get access to their awesome back office support , premium endless trade and fast management.
A unique aspect of their trading platforms is that whether it is trading in commodity, options and futures, currency, equity all can be done through it.
Other than trading platforms there are few trading tools with specific purpose like fix engine that allows traders to do risk management with multiple market trading, IOB for brokers who deal in selling large orders with multiple channels order slicing, etc., HFT trading, latency sensitive api, etc.
A well researched guidance to FPI investment in India providing great services, offer and products are available for people to benefit and learn.
They offer online chat support and also the facility of algo trading for their retail clients.
Profit Mart VS Finvasia Account Open Compare
The account opening link at Profit Mart online is
For the account opening process in Finvasia
Profit Mart
Finvasia
Fill the pan details section with pan no., birth date, adhaar card no. and click next.
Your personal details are to be filled next like your name, address, nationality, gender, etc.
Next is trading experience where trading section is to be selected and after that the nomination details that you need to fill to proceed to next step.
The ekyc details need to be filled where depository details are to b specified, bank details, regulatory disclosures which have income details.
The documents that are to be uploaded are permanent address proof, cancelled cheque, dp proof, etc.
Finish with verifying all the details to confirm alongside trading experience.
The e-sign service of nsdl is then to be completed.
Start with filling pan no., email address, mobile no. and then click on send otp.
Provide your banking information with account no., MICR code, other information like mother’s name.
Then depository account details which include dp id, dp name, etc.
Select segments for trading, fill the below details and click on submit.
Upload the documents like pan to get virtual, signature, 6 months bank statement or salary slip of three months or more, etc.
Select platform to trade through, then next receive otp in both mobile and email.
View all your details to confirm that you have provided all the correct information as needed.
Final submit code e-sign page using otp sent to your email by giving your aadhar no.
Profit Mart provides a dedicated relationship manager for effective solutions at a personalised approach for trade guidance and research, customization of portfolio, etc.
Other than their own trading platforms, they also provide trading platform by Omnesys NEST to trade in fixtures and options, currency.
20 percent revenue with every successful referral and earn programme.
Finvasia offers free trading which includes demat, trading, amc and even call and trade charges.
They even offer no brokerage facility which can be regarded as their usp.
They provide some of the best trading platforms like NOW, NSET and even 3rd party platforms like Fox Trader.
Profit Mart VS Finvasia Brokerage Comparison
Profit Mart
Equity
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Broker Charges
0.1%
0.01%
0.1%
Rs. 15
Commodity
Commodity Futures
Commodity Options
Broker Charges
–
–
Currency
Currency Futures
Currency Options
Broker Charges
–
–
Finvasia
Equity
Equity Delivery
Equity Intraday
Equity Futures
Equity Options
Broker Charges
Rs. 0
Rs. 0
Rs. 0
Rs. 0
Commodity
Commodity Futures
Commodity Options
Broker Charges
Rs. 0
Rs. 0
Currency
Currency Futures
Currency Options
Broker Charges
Rs. 0
Rs. 0
Profit Mart VS Finvasia margin / Exposure/ Leverage
Profit Mart is a growing full stock broker company that wants their clients to stay ahead with their trading so they provide personalized advisory facility, whereas Finvasia has a set of tools and a ton of experience due to which their business model is unique.
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Dharmendra Mukati
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.
