Punch Trade By Market Pulse Review: All You Need to Know

If you are looking for a platform that simplifies trading, then Punch may be just what you need. Punch is a pro-grade trading platform built by Market Pulse Securities Pvt. Ltd., a SEBI-registered broker. 

Punch Trade’s mission is simple: to build a pro-grade, rock-solid trading platform at ₹1 brokerage across all segments: Equity Delivery, Intraday, Futures & Options, with no compromise on experience & reliability.

Whether you're a scalper, an intraday trader, or an option buyer, Punch combines speed, insights, and simplicity, all wrapped in an app-first experience engineered for serious trading.

This article will give you everything you must know about Punch Trade.

Table of Contents

• Overview of Punch Trade 
• Platform Experience & Performance
• Features of Punch Trade 
• Products Offered by Punch Trade 
• Pros and Cons of Punch Trade 
• Fees and Charges 
• Getting Started with Punch Trade 
• Our Verdict

Overview of Punch Trade

The Punch Trade builds on the solid reputation of Market Pulse, a trusted charting platform with over 10 lakh downloads and 500K monthly active users. While its primary focus is on options trading, the platform is designed to make stock market trading more accessible and efficient.

Despite being relatively new to the brokerage space, Punch has already made a mark with its innovative approach. The platform recently secured approximately $7 million (₹58 crore) in seed funding from prominent venture capital firms:

• Stellaris Venture Partners
• Susquehanna Asia VC
• Prime Venture Partners
• Innoven Capital

The funding round also saw participation from notable angel investors such as Kunal Shah (founder of Cred), Vatsal Singhal (co-founder of Ultrahuman), and Nitish Mittersain (founder of Nazara Technologies).

This significant investment underscores the confidence that investors have in Punch's potential to disrupt the trading landscape.

Platform Experience & Performance

Punch is designed as a mobile-first platform for active traders who prioritise fast execution, reliable performance, and clear insights.

Key performance highlights:

• Fast order execution: ~10 ms
• Crash-free reliability: over 98.5%
• Unified chart + order interface: place, manage, and modify orders without switching screens

Beyond speed and stability, Punch packs several trader-focused features.

Features of Punch

Here are the key differentiators that make Punch stand out:

1. Trade from High-speed, Advanced Charts: Punch's powerful charts are built in-house and give you full control over your trades. The charts are designed to be fast, responsive, and packed with the tools you need for technical analysis.
2. Pro-grade Trading on a Single Screen: Manage risk, optimise entries and exits, and never miss a movement; all without leaving your chart. Everything you need is consolidated in one view for maximum efficiency.
3. Scalper Mode with Split Charts: Track price action on two charts at once with no tab switching and no time lost. This feature delivers pure, high-speed action on one screen, perfect for scalpers and day traders.
4. Set SL, TP and Trail from Chart, No Extra Margin: The protection order feature lets you place entry, target, stop-loss, and trail it without blocking extra funds. It's all about clean, fast execution with no unnecessary margin requirements.
5. Punch Builder's Lab: This unique feature allows you to contribute ideas, refine what exists, and improve what matters most: reliability, precision, and speed. You become part of the product team, actively building Punch.

These features work together to create a seamless trading experience tailored for active traders.

Products Offered by Punch

Punch supports a range of trading products to meet different trading needs:

Product Type	Description
Equity Trading	Analyse, trade, and manage everything in one ecosystem with full-stack risk controls built in
Index Trading (F&O)	Trade in index futures and options with complete flexibility
Equity Derivatives (F&O)	Access equity futures and options for leveraged trading opportunities

Whether you're trading stocks, indices, or derivatives, Punch provides the tools and infrastructure you need in one unified platform.

Pros and Cons of Punch

Pros

Here are the key advantages of using Punch:

• Flat ₹1 brokerage per order across all segments
• Lightning-fast execution with low latency (~10 ms)
• Powerful tools, including split charts, indicators, protection orders, and basket orders
• Intuitive mobile UX designed specifically for active traders
• Transparent pricing with no hidden conditions

These strengths make Punch an attractive option for traders who prioritise speed, cost-efficiency, and mobile-first design.

Cons

However, there are some limitations to consider:

• Mobile-first platform with desktop trading limited to view mode
• Geared toward active traders, which may not suit long-term passive investors
• Learning curve for some tools, like Market Mood, which may require time to interpret effectively

While these limitations exist, they reflect Punch's deliberate focus on serving active, mobile-centric traders.

Fees and Charges

Punch's standout feature is its simple, transparent pricing model.

Brokerage: ₹1 flat per order

This applies across all segments: Equity Delivery, Intraday, Futures, and Options. There are no hidden conditions, volume thresholds, or subscription plans. Every trade costs just ₹1, regardless of the segment or order size.

Other Charges:

In addition to brokerage, regulatory charges apply as per SEBI norms, including:

• Securities Transaction Tax (STT)
• Exchange transaction charges
• GST (18%)
• Stamp duty
• SEBI turnover fees

These statutory charges are standard across all brokers and cannot be waived.

Why This Matters

Compared to traditional brokers charging ₹20 per order, Punch's ₹1 flat fee gives active traders a significant cost advantage, especially for those placing multiple trades daily. 

Getting Started with Punch

Ready to start trading? Here's how to get started with Punch:

1. Download the app: Get Punch from the Google Play Store or App Store.
2. Complete your KYC: Open your account digitally with instant verification; no paperwork required.
3. Add funds: Transfer money using UPI or net banking.
4. Start trading: Place your first trade and pay just ₹1 brokerage.

Once you're set up, you can start executing trades with Punch's powerful tools and competitive pricing.

Our Verdict

If you're an active trader (especially in F&O or intraday), Punch is one of the most trader-centric platforms in India today.

It combines: 

• Transparent ₹1 brokerage across all segments
• Pro-grade trading tools built for speed and precision
• Mobile-first experience designed for on-the-go trading

Who Should Use Punch?

• Active traders: Punch offers professional-grade tools at retail cost, making it ideal for scalpers, day traders, and options traders.
• Long-term investors: While Punch is optimised for active trading, it also works well as a low-cost execution app for long-term investors.

In the end, the decision is yours. If you want to open a Demat account, you can visit Finology Select and compare the features, pros and cons, product offerings, brokerage charges and more of over 20 different brokers.

Official Website: punch.trade
Developer: Market Pulse Securities Pvt. Ltd.
Broker Registration: SEBI Registered Stock Broker (INZ000308936)