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

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

Background

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

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

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

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

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

Software
Web/HTML 5
Mobile
Charting

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

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

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

Comparison Link:

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Frequently Asked Questions

Is NJ Wealth better than HDFC Securities ?

NJ Wealth and HDFC Securities 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 better than NJ Wealth ?

NJ Wealth and HDFC Securities 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 HDFC Securities ?

NJ Wealth and HDFC Securities 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 HDFC Securities cheaper than NJ Wealth ?

NJ Wealth and HDFC Securities 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. HDFC Securities ?

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