Punch Trade (SEBI Registration: INZ000300936), operated by Market Pulse Securities Pvt. Ltd., offers pro-grade charting and execution for active equity and F&O traders on NSE and BSE — at a flat Rs.1 per executed order across all segments. The platform runs a proprietary charting engine with 100+ technical indicators, trade-from-chart execution, and multi-layout charting on both mobile and web. Account opening and demat maintenance are Rs.0. Punch Trade does not yet support commodities, currency, or mutual fund trading.
If you are evaluating discount brokers, read our detailed Punch Trade vs Zerodha comparison covering brokerage charges, charting platforms, and account costs.
| Year of Incorporation | 2021 (Market Pulse Securities Pvt. Ltd.) |
| Website | https://www.punch.trade/ |
| Phone | +91-7948222271 |
| Exchanges enabled | BSE, NSE |
| Demat (NSDL/CDSL) | CDSL |
| Equity | Rs 1 per executed order (or 0.10%, whichever is lower) |
| Equity Futures | Rs 1 per executed order (or 0.10%, whichever is lower) |
| Equity Options | Rs 1 per executed order (or 0.10%, whichever is lower) |
| Currency Futures | Not supported |
| Currency Options | Not supported |
| Commodity | Not supported |
| Trading only | 0 (Free) |
| Trading & Demat | 0 (Free) |
| Commodity | Not applicable |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% of Turnover |
| Futures | 0.0019% of Turnover |
| Options | 0.05% of Turnover |
| Commodities | Not applicable. |
| AMC charge | Rs 0 (no AMC) |
| DP Transaction Charge | Rs 3.5 per debit transaction (CDSL charges) |
| Offline order placing Charge | Rs 50 incl. GST (Call & Trade) |
| Software | |
| Web/HTML 5 | |
| Mobile | |
| Intraday | 7 Days |
| End of Day | 5 Years |
| Coding/Backtesting | |
| Online Trade Reports | |
| Online PNL Reports | |
| Online Contract Notes | |
Leverage Provided
| Equity | 1x on Delivery & upto 5x on Intraday |
| Equity Futures | 1x (exchange margin only) |
| Equity Options | 1x (exchange margin only) |
| Currency Futures | Not applicable |
| Currency Options | Not applicable |
| Commodity | Not applicable |
| Research & Tips |
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| Brokerage Calculator | |
| Margin Calculator | |
| Bracket orders | |
| Trailing Stoploss | |
| Training & Education | |
| 3 in 1 Account | |
| Instant Fund withdrawal | |
| Relationship Managers | |
Equity & Commodity Consolidated
Look for brokerages with higher profit, low debt, and a higher profit to equity ratio, which will indicate profitability based on capital deployed, and a balance sheet size of at least Rs 50 crore. If a broker is in financial trouble, it will start showing up on his balance sheet.
| Profit after Tax FY11/12 | Not Available |
| Profit after Tax FY12/13 | Not Available |
| Profit after Tax FY13/14 | Not Available |
| Profit after Tax FY 14/15 | Not Available |
| Profit after Tax FY 15/16 | Not Available |
| Profit after Tax FY 16/17 | Not Available |
| Profit after Tax FY 17/18 | Not Available |
| Profit after Tax FY 18/19 | Not Available |
| Profit after Tax FY 19/20 | Not Available |
| Profit after Tax FY 20/21 | Not Available |
| Profit after Tax FY 21/22 | Not Available |
| Profit after Tax FY 22/23 | Not Available |
| Profit after Tax FY 23/24 | Not Available |
| Profit after Tax FY 24/25 | Not Available |
| Debt FY11/12 | Not Available |
| Debt FY12/13 | Not Available |
| Debt FY13/14 | Not Available |
| Debt FY14/15 | Not Available |
| Debt FY15/16 | Not Available |
| Debt FY16/17 | Not Available |
| Debt FY17/18 | Not Available |
| Debt FY18/19 | Not Available |
| Debt FY19/20 | Not Available |
| Debt FY20/21 | Not Available |
| Debt FY21/22 | Not Available |
| Debt FY22/23 | Not Available |
| Debt FY23/24 | Not Available |
| Debt FY24/25 | Not Available |
| Profit to Equity(%) FY11/12 | Not Available |
| Profit to Equity(%) FY12/13 | Not Available |
| Profit to Equity(%) FY13/14 | Not Available |
| Profit to Equity(%) FY14/15 | Not Available |
| Profit to Equity(%) FY15/16 | Not Available |
| Profit to Equity(%) FY16/17 | Not Available |
| Profit to Equity(%) FY17/18 | Not Available |
| Profit to Equity(%) FY18/19 | Not Available |
| Profit to Equity(%) FY19/20 | Not Available |
| Profit to Equity(%) FY20/21 | Not Available |
| Profit to Equity(%) FY21/22 | Not Available |
| Profit to Equity(%) FY22/23 | Not Available |
| Profit to Equity(%) FY23/24 | Not Available |
| Profit to Equity(%) FY24/25 | Not Available |
| Balance Sheet Size FY11/12 | Not Available |
| Balance Sheet Size FY12/13 | Not Available |
| Balance Sheet Size FY13/14 | Not Available |
| Balance Sheet Size FY14/15 | Not Available |
| Balance Sheet Size FY15/16 | Not Available |
| Balance Sheet Size FY16/17 | Not Available |
| Balance Sheet Size FY17/18 | Not Available |
| Balance Sheet Size FY18/19 | Not Available |
| Balance Sheet Size FY19/20 | Not Available |
| Balance Sheet Size FY20/21 | Not Available |
| Balance Sheet Size FY21/22 | Not Available |
| Balance Sheet Size FY22/23 | Not Available |
| Balance Sheet Size FY23/24 | Not Available |
| Balance Sheet Size FY24/25 | Not Available |
What is the equity intraday brokerage charge of Punch Trade ?
Punch Trade charges ₹1 per executed order for equity intraday trades. The effective cost including 18% GST is ₹1.18 per order. A percentage cap of 0.10% of trade value applies, with the lower of ₹1 or 0.10% being charged. This rate is uniform — the same ₹1 per order applies to equity delivery, futures, and options as well. No additional platform fees or subscription charges apply.
What is delivery brokerage charge of Punch Trade?
Punch Trade charges Rs. 1 per executed order for equity delivery trades (or 0.10% of trade value, whichever is lower), with an effective cost of Rs. 1.18 including GST. There is no separate pricing tier for delivery — the Rs. 1 rate is the same across all segments. In addition to brokerage, a DP transaction charge of Rs. 3.50 + 18% GST per order applies on delivery sell transactions, which is a standard CDSL depository charge.
What is the options brokerage charge of Punch Trade?
Punch Trade charges a flat Rs. 1 per executed order for options trades — both index options (Nifty, BankNifty, Sensex) and stock options. The effective cost including GST is Rs. 1.18 per order. The platform supports options analysis tools including a full option chain with Greeks (Delta, Gamma, Theta, Vega), open interest histograms, and the ability to plot call/put premiums on the spot price chart.
What is dp charge of Punch Trade?
Punch Trade's DP (Depository Participant) charge is Rs. 3.50 + 18% GST per debit transaction on equity delivery sells. The demat account is held with CDSL (DP Registration: IN-DP-686-2022, DP ID: 12095300). Pledge creation and closure charges are Rs. 12 + 18% GST per request. There is no annual maintenance charge (AMC) on the demat account — it is Rs. 0 for life.
Does this Punch Trade charges fixed brokerage?
Yes. Punch Trade charges a fixed flat brokerage of Rs. 1 per executed order across all supported segments — equity delivery, equity intraday, futures, and options. There are no tiered pricing plans, no subscription fees, and no promotional periods on this rate. The only variable is the 0.10% cap: if 0.10% of trade value is less than Rs. 1, the lower amount applies. Account opening is Rs. 0 and annual maintenance is Rs. 0.