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

Find a Comparison of NJ Wealth vs 5Paisa 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 NJ Wealth and 5Paisa.

Background

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

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

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

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

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

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x Upto 5x for intraday & 1x for Delivery
Equity Futures 1x Upto 2x intraday leverage
Equity Options 1.5x Buying no leverage, Shorting upto 5x leverage intrdaday
Currency Futures 1.2x 1x intraday leverage
Currency Options 1.5x Buying no leverage, Shorting upto 2x intraday leverage
Commodity 1.5x Upto 2x intraday leverage
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 1521.69 Crores Rs 12.53 Lakh
Profit after Tax FY12/13 Rs 2179.98 Crores Rs 16.57 Lakh
Profit after Tax FY13/14 Rs 2865.45 Crores Rs 15.13 Lakh
Profit after Tax FY 14/15 Rs 3452.44 Crores Rs 23.69 Lakh
Profit after Tax FY 15/16 Rs 5134.80 Crores Rs 19.69 Lakh
Profit after Tax FY 16/17 Rs 7568.40 Crores Rs 16.62 Lakh
Profit after Tax FY 17/18 Rs 4861.99 Crores Rs 23.00 Lakh
Profit after Tax FY 18/19 Rs 2758.71 Crores Rs 21.18 Lakh
Profit after Tax FY 19/20 Rs 1534.54 Crores Rs 20.71 Lakh
Profit after Tax FY 20/21 Rs (12,065.87) Crores Rs 22.81 Lakh
Profit after Tax FY 21/22 Rs (29,213.70) Crores Rs 30.18 Lakh
Profit after Tax FY 22/23 Rs 62554.94 Crores Rs 29.48 Lakh
Debt FY11/12 Rs 37.58 Crores Rs 24.53 Lakh
Debt FY12/13 Rs 32.87 Crores Rs 29.87 Lakh
Debt FY13/14 Rs 28.90 Crores Rs 26.44 Lakh
Debt FY14/15 Rs 25.15 Crores Rs 32.35 Lakh
Debt FY15/16 Rs 19.36 Crores Rs 31.55 Lakh
Debt FY16/17 Rs 24.23 Crores Rs 31.59 Lakh
Debt FY17/18 Rs 28.96 Crores Rs 34.44 Lakh
Debt FY18/19 Rs 31.66 Crores Rs 38.04 Lakh
Debt FY19/20 Rs 34.17 Crores Rs 35.88 Lakh
Debt FY20/21 Rs 37.39 Crores Rs 42.27 Lakh
Debt FY21/22 Rs 38.52 Crores Rs 40.85 Lakh
Debt FY22/23 Rs 39.61 Crores Rs 44.35 Lakh
Profit to Equity(%) FY11/12 27.4 44.15
Profit to Equity(%) FY12/13 29.4 40.37
Profit to Equity(%) FY13/14 21.23 39.43
Profit to Equity(%) FY14/15 20.42 45.22
Profit to Equity(%) FY15/16 26.64 42.44
Profit to Equity(%) FY16/17 38.11 48.43
Profit to Equity(%) FY17/18 40.2 46.75
Profit to Equity(%) FY18/19 41.34 46.08
Profit to Equity(%) FY19/20 43.5 47.00
Profit to Equity(%) FY20/21 46.15 54.81
Profit to Equity(%) FY21/22 45.31 50.42
Profit to Equity(%) FY22/23 44.9 50.80
Balance Sheet Size FY11/12 Rs 637849.37 Crores Rs 49.45 Lakh
Balance Sheet Size FY12/13 Rs 677538.15 Crores Rs 54.96 Lakh
Balance Sheet Size FY13/14 Rs 689491.54 Crores Rs 57.64 Lakh
Balance Sheet Size FY14/15 Rs 706487.89 Crores Rs 51.94 Lakh
Balance Sheet Size FY15/16 Rs 720046.66 Crores Rs 54.63 Lakh
Balance Sheet Size FY16/17 Rs 724976.32 Crores Rs 59.80 Lakh
Balance Sheet Size FY17/18 Rs 767846.49 Crores Rs 63.56 Lakh
Balance Sheet Size FY18/19 Rs 784561.64 Crores Rs 60.17 Lakh
Balance Sheet Size FY19/20 Rs 801348.75 Crores Rs 57.07 Lakh
Balance Sheet Size FY20/21 Rs 810464.61 Crores Rs 62.60 Lakh
Balance Sheet Size FY21/22 Rs 944370.11 Crores Rs 67.69 Lakh
Balance Sheet Size FY22/23 Rs 967891.38 Crores Rs 67.75 Lakh

Comparison Link:

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Frequently Asked Questions

Is NJ Wealth better than 5Paisa ?

NJ Wealth and 5Paisa 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 better than NJ Wealth ?

NJ Wealth and 5Paisa 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 cheaper than 5Paisa ?

NJ Wealth and 5Paisa 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 5Paisa cheaper than NJ Wealth ?

NJ Wealth and 5Paisa 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 NJ Wealth vs. 5Paisa ?

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