5Paisa vs NJ Wealth – Compare Charges, Trading Features, Offers & more

Find a Comparison of 5Paisa vs NJ Wealth here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of 5Paisa and NJ Wealth.

Background

Year of Incorporation 2007 2000
Website https://www.5paisa.com/ https://www.njwealth.in/
Phone 89766 89766 0261-6155000
Exchanges enabled NSE, BSE BSE, NSE
Demat (NSDL/CDSL) CDSL CDSL & NSDL
Brokerage

Equity Rs 20 per order 0.1% - 0.2%
Equity Futures Rs 20 per order 0.01% - 0.02%
Equity Options Rs 20 per order Rs.10 - Rs.20 per Lot
Currency Futures Rs 20 per order 0.01% - 0.02%
Currency Options Rs 20 per order Rs.10 - Rs.20 per Lot
Commodity Rs 20 per order 0.01% - 0.02%
Account Opening Costs

Trading only Free Free
Trading & Demat Free Free
Commodity Free Rs.100
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% on Turnover 0
Futures 0.0021% on Contract Turnover 0
Options 0.053% on Premium Turnover 0
Commodities 0.0031% on Contract turnover 0
AMC charge Rs 300 per year 0
DP Transaction Charge Rs 12.5 per debit instruction Rs 20
Offline order placing Charge Rs 20 per executed order 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 365 days on Zerodha Pi Yes
End of Day 10 years on Zerodha Pi Yes
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x for intraday & 1x for Delivery 1x
Equity Futures Upto 2x intraday leverage 1x
Equity Options Buying no leverage, Shorting upto 5x leverage intrdaday 1.5x
Currency Futures 1x intraday leverage 1.2x
Currency Options Buying no leverage, Shorting upto 2x intraday leverage 1.5x
Commodity Upto 2x intraday leverage 1.5x
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 12.53 Lakh Rs 1521.69 Crores
Profit after Tax FY12/13 Rs 16.57 Lakh Rs 2179.98 Crores
Profit after Tax FY13/14 Rs 15.13 Lakh Rs 2865.45 Crores
Profit after Tax FY 14/15 Rs 23.69 Lakh Rs 3452.44 Crores
Profit after Tax FY 15/16 Rs 19.69 Lakh Rs 5134.80 Crores
Profit after Tax FY 16/17 Rs 16.62 Lakh Rs 7568.40 Crores
Profit after Tax FY 17/18 Rs 23.00 Lakh Rs 4861.99 Crores
Profit after Tax FY 18/19 Rs 21.18 Lakh Rs 2758.71 Crores
Profit after Tax FY 19/20 Rs 20.71 Lakh Rs 1534.54 Crores
Profit after Tax FY 20/21 Rs 22.81 Lakh Rs (12,065.87) Crores
Profit after Tax FY 21/22 Rs 30.18 Lakh Rs (29,213.70) Crores
Profit after Tax FY 22/23 Rs 29.48 Lakh Rs 62554.94 Crores
Debt FY11/12 Rs 24.53 Lakh Rs 37.58 Crores
Debt FY12/13 Rs 29.87 Lakh Rs 32.87 Crores
Debt FY13/14 Rs 26.44 Lakh Rs 28.90 Crores
Debt FY14/15 Rs 32.35 Lakh Rs 25.15 Crores
Debt FY15/16 Rs 31.55 Lakh Rs 19.36 Crores
Debt FY16/17 Rs 31.59 Lakh Rs 24.23 Crores
Debt FY17/18 Rs 34.44 Lakh Rs 28.96 Crores
Debt FY18/19 Rs 38.04 Lakh Rs 31.66 Crores
Debt FY19/20 Rs 35.88 Lakh Rs 34.17 Crores
Debt FY20/21 Rs 42.27 Lakh Rs 37.39 Crores
Debt FY21/22 Rs 40.85 Lakh Rs 38.52 Crores
Debt FY22/23 Rs 44.35 Lakh Rs 39.61 Crores
Profit to Equity(%) FY11/12 44.15 27.4
Profit to Equity(%) FY12/13 40.37 29.4
Profit to Equity(%) FY13/14 39.43 21.23
Profit to Equity(%) FY14/15 45.22 20.42
Profit to Equity(%) FY15/16 42.44 26.64
Profit to Equity(%) FY16/17 48.43 38.11
Profit to Equity(%) FY17/18 46.75 40.2
Profit to Equity(%) FY18/19 46.08 41.34
Profit to Equity(%) FY19/20 47.00 43.5
Profit to Equity(%) FY20/21 54.81 46.15
Profit to Equity(%) FY21/22 50.42 45.31
Profit to Equity(%) FY22/23 50.80 44.9
Balance Sheet Size FY11/12 Rs 49.45 Lakh Rs 637849.37 Crores
Balance Sheet Size FY12/13 Rs 54.96 Lakh Rs 677538.15 Crores
Balance Sheet Size FY13/14 Rs 57.64 Lakh Rs 689491.54 Crores
Balance Sheet Size FY14/15 Rs 51.94 Lakh Rs 706487.89 Crores
Balance Sheet Size FY15/16 Rs 54.63 Lakh Rs 720046.66 Crores
Balance Sheet Size FY16/17 Rs 59.80 Lakh Rs 724976.32 Crores
Balance Sheet Size FY17/18 Rs 63.56 Lakh Rs 767846.49 Crores
Balance Sheet Size FY18/19 Rs 60.17 Lakh Rs 784561.64 Crores
Balance Sheet Size FY19/20 Rs 57.07 Lakh Rs 801348.75 Crores
Balance Sheet Size FY20/21 Rs 62.60 Lakh Rs 810464.61 Crores
Balance Sheet Size FY21/22 Rs 67.69 Lakh Rs 944370.11 Crores
Balance Sheet Size FY22/23 Rs 67.75 Lakh Rs 967891.38 Crores

Comparison Link:

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Frequently Asked Questions

Is 5Paisa better than NJ Wealth ?

5Paisa and NJ Wealth are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is NJ Wealth better than 5Paisa ?

5Paisa and NJ Wealth are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is 5Paisa cheaper than NJ Wealth ?

5Paisa and NJ Wealth are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is NJ Wealth cheaper than 5Paisa ?

5Paisa and NJ Wealth are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better 5Paisa vs. NJ Wealth ?

To find out the better of the two stockbrokers 5Paisa and NJ Wealth, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.