HDFC Securities vs NJ Wealth – Compare Charges, Trading Features, Offers & more

Find a Comparison of HDFC Securities 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 HDFC Securities and NJ Wealth.

Background

Year of Incorporation 2002 2000
Website https://www.hdfcsec.com/ https://www.njwealth.in/
Phone 022-39019400 0261-6155000
Exchanges enabled NSE & BSE BSE, NSE
Demat (NSDL/CDSL) NSDL & CDSL CDSL & NSDL
Brokerage

Equity 0.50% on transaction value 0.1% - 0.2%
Equity Futures Rs 20 per executed order 0.01% - 0.02%
Equity Options Rs 20 per executed order Rs.10 - Rs.20 per Lot
Currency Futures Rs. 23 0.01% - 0.02%
Currency Options Rs. 20 per lot Rs.10 - Rs.20 per Lot
Commodity Not Available 0.01% - 0.02%
Account Opening Costs

Trading only Rs 999 Free
Trading & Demat Rs 750 Free
Commodity Not Available Rs.100
Transparency & other costs

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

Equity 0.00325% of Turnover 0
Futures 0.0019% of Turnover 0
Options 0.051% of Turnover 0
Commodities Not Available 0
AMC charge Rs 750 per year 0
DP Transaction Charge 0.04% or Rs 25/debit transaction - whichever is higher Rs 20
Offline order placing Charge NIL 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days Yes
End of Day 5 years Yes
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 20x for Intraday, Upto 2x for Delivery 1x
Equity Futures 5x for Intraday 1x
Equity Options 5x for Intraday 1.5x
Currency Futures 4x for Intraday 1.2x
Currency Options 5x for Intraday 1.5x
Commodity Not Available 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 54 Crores Rs 1521.69 Crores
Profit after Tax FY12/13 Rs 66 Crores Rs 2179.98 Crores
Profit after Tax FY13/14 Rs 78.5 Crores Rs 2865.45 Crores
Profit after Tax FY 14/15 Rs 120.56 Crores Rs 3452.44 Crores
Profit after Tax FY 15/16 Rs 106.18 Crores Rs 5134.80 Crores
Profit after Tax FY 16/17 Rs 153.16 Crores Rs 7568.40 Crores
Profit after Tax FY 17/18 Rs 83.15 Crores Rs 4861.99 Crores
Profit after Tax FY 18/19 Rs 92.13 Crores Rs 2758.71 Crores
Profit after Tax FY 19/20 Rs 100.04 Crores Rs 1534.54 Crores
Profit after Tax FY 20/21 Rs 106.68 Crores Rs (12,065.87) Crores
Profit after Tax FY 21/22 Rs 124.16 Crores Rs (29,213.70) Crores
Profit after Tax FY 22/23 Rs 117.28 Crores Rs 62554.94 Crores
Debt FY11/12 Rs 148.04 Crores Rs 37.58 Crores
Debt FY12/13 Rs 152.77 Crores Rs 32.87 Crores
Debt FY13/14 Rs 138.41 Crores Rs 28.90 Crores
Debt FY14/15 Rs 159.90 Crores Rs 25.15 Crores
Debt FY15/16 Rs 200.45 Crores Rs 19.36 Crores
Debt FY16/17 Rs 212.47 Crores Rs 24.23 Crores
Debt FY17/18 Rs 214.55 Crores Rs 28.96 Crores
Debt FY18/19 Rs 210.35 Crores Rs 31.66 Crores
Debt FY19/20 Rs 197.85 Crores Rs 34.17 Crores
Debt FY20/21 Rs 128.15 Crores Rs 37.39 Crores
Debt FY21/22 Rs 187.34 Crores Rs 38.52 Crores
Debt FY22/23 Rs 176.41 Crores Rs 39.61 Crores
Profit to Equity(%) FY11/12 21.12% 27.4
Profit to Equity(%) FY12/13 45.52% 29.4
Profit to Equity(%) FY13/14 29.91% 21.23
Profit to Equity(%) FY14/15 28.33% 20.42
Profit to Equity(%) FY15/16 47.61% 26.64
Profit to Equity(%) FY16/17 43.64% 38.11
Profit to Equity(%) FY17/18 34.30% 40.2
Profit to Equity(%) FY18/19 48.98% 41.34
Profit to Equity(%) FY19/20 45.37% 43.5
Profit to Equity(%) FY20/21 48.29% 46.15
Profit to Equity(%) FY21/22 53.71% 45.31
Profit to Equity(%) FY22/23 34.94% 44.9
Balance Sheet Size FY11/12 Rs 1025.02 Crores Rs 637849.37 Crores
Balance Sheet Size FY12/13 Rs 1342.34 Crores Rs 677538.15 Crores
Balance Sheet Size FY13/14 Rs 1427.69 Crores Rs 689491.54 Crores
Balance Sheet Size FY14/15 Rs 1434.50 Crores Rs 706487.89 Crores
Balance Sheet Size FY15/16 Rs 1527.89 Crores Rs 720046.66 Crores
Balance Sheet Size FY16/17 Rs 1744.09 Crores Rs 724976.32 Crores
Balance Sheet Size FY17/18 Rs 1842.42 Crores Rs 767846.49 Crores
Balance Sheet Size FY18/19 Rs 1941.82 Crores Rs 784561.64 Crores
Balance Sheet Size FY19/20 Rs 2134.50 Crores Rs 801348.75 Crores
Balance Sheet Size FY20/21 Rs 2244.08 Crores Rs 810464.61 Crores
Balance Sheet Size FY21/22 Rs 2448.13 Crores Rs 944370.11 Crores
Balance Sheet Size FY22/23 Rs 2654.67 Crores Rs 967891.38 Crores

Comparison Link:

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Frequently Asked Questions

Is HDFC Securities better than NJ Wealth ?

HDFC Securities 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 HDFC Securities ?

HDFC Securities 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 HDFC Securities cheaper than NJ Wealth ?

HDFC Securities 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 HDFC Securities ?

HDFC Securities 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 HDFC Securities vs. NJ Wealth ?

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