NJ Wealth vs RK Global – Compare Charges, Trading Features, Offers & more

Find a Comparison of NJ Wealth vs RK Global 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 RK Global.

Background

Year of Incorporation 2000 1995
Website https://www.njwealth.in/ https://www.rkglobal.net/
Phone 0261-6155000 033-4004 0999
Exchanges enabled BSE, NSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL & NSDL NSDL
Brokerage

Equity 0.1% - 0.2% Rs 9 per trade
Equity Futures 0.01% - 0.02% Rs 9 per trade
Equity Options Rs.10 - Rs.20 per Lot Rs 9 per lot
Currency Futures 0.01% - 0.02% Rs 9 per trade
Currency Options Rs.10 - Rs.20 per Lot Rs 9 per lot
Commodity 0.01% - 0.02% Rs 9 per lot
Account Opening Costs

Trading only Free Free
Trading & Demat Free Rs 200
Commodity Rs.100 Rs 200
Transparency & other costs

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

Equity 0 0.00325%
Futures 0 0.003% of Turnover
Options 0 0.071% of Premium Turnover
Commodities 0 0.003% of Turnover
AMC charge 0 Rs 250 per year
DP Transaction Charge Rs 20 Rs 25 per Debit Transaction
Offline order placing Charge 0 Rs 30/Call n Trade
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes 10 Days on ODIN - Rental charges apply
End of Day Yes 10 Years - Rental Charges apply
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x Upto 6x for Intraday
Equity Futures 1x Upto 3x Intraday Leverage
Equity Options 1.5x No Leverage
Currency Futures 1.2x Upto 2x for Intraday
Currency Options 1.5x No Leverage
Commodity 1.5x Upto 2x for Intraday
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 2.04 Crores
Profit after Tax FY12/13 Rs 2179.98 Crores Rs 2.2 Crores
Profit after Tax FY13/14 Rs 2865.45 Crores Rs 2.45 Crores
Profit after Tax FY 14/15 Rs 3452.44 Crores Rs 4.46 Crores
Profit after Tax FY 15/16 Rs 5134.80 Crores Rs 4.04 Crores
Profit after Tax FY 16/17 Rs 7568.40 Crores Rs 5.34 Crores
Profit after Tax FY 17/18 Rs 4861.99 Crores Rs 7.23 Crores
Profit after Tax FY 18/19 Rs 2758.71 Crores Rs 8.72 Crores
Profit after Tax FY 19/20 Rs 1534.54 Crores Rs 8.72 Crores
Profit after Tax FY 20/21 Rs (12,065.87) Crores Rs 10.52 Crores
Profit after Tax FY 21/22 Rs (29,213.70) Crores Rs 11.73 Crores
Profit after Tax FY 22/23 Rs 62554.94 Crores Rs 12.89 Crores
Debt FY11/12 Rs 37.58 Crores Rs 9.97 Crores
Debt FY12/13 Rs 32.87 Crores Rs 3.09 Crores
Debt FY13/14 Rs 28.90 Crores Rs 6.39 Crores
Debt FY14/15 Rs 25.15 Crores Rs 8.39 Crores
Debt FY15/16 Rs 19.36 Crores Rs 7.16 Crores
Debt FY16/17 Rs 24.23 Crores Rs 10.67 Crores
Debt FY17/18 Rs 28.96 Crores Rs 12.99 Crores
Debt FY18/19 Rs 31.66 Crores Rs 12.57 Crores
Debt FY19/20 Rs 34.17 Crores Rs 14.18 Crores
Debt FY20/21 Rs 37.39 Crores Rs 13.76 Crores
Debt FY21/22 Rs 38.52 Crores Rs 13.19 Crores
Debt FY22/23 Rs 39.61 Crores Rs 18.88 Crores
Profit to Equity(%) FY11/12 27.4 19.34
Profit to Equity(%) FY12/13 29.4 13.89
Profit to Equity(%) FY13/14 21.23 19.09
Profit to Equity(%) FY14/15 20.42 17.25
Profit to Equity(%) FY15/16 26.64 20.99
Profit to Equity(%) FY16/17 38.11 17.47
Profit to Equity(%) FY17/18 40.2 22.42
Profit to Equity(%) FY18/19 41.34 21.06
Profit to Equity(%) FY19/20 43.5 27.18
Profit to Equity(%) FY20/21 46.15 25.25
Profit to Equity(%) FY21/22 45.31 33.85
Profit to Equity(%) FY22/23 44.9 29.80
Balance Sheet Size FY11/12 Rs 637849.37 Crores Rs 73.8 Crores
Balance Sheet Size FY12/13 Rs 677538.15 Crores Rs 80.5 Crores
Balance Sheet Size FY13/14 Rs 689491.54 Crores Rs 77.72 Crores
Balance Sheet Size FY14/15 Rs 706487.89 Crores Rs 68.17 Crores
Balance Sheet Size FY15/16 Rs 720046.66 Crores Rs 89.54 Crores
Balance Sheet Size FY16/17 Rs 724976.32 Crores Rs 80.07 Crores
Balance Sheet Size FY17/18 Rs 767846.49 Crores Rs 77.17 Crores
Balance Sheet Size FY18/19 Rs 784561.64 Crores Rs 109.49 Crores
Balance Sheet Size FY19/20 Rs 801348.75 Crores Rs 108.23 Crores
Balance Sheet Size FY20/21 Rs 810464.61 Crores Rs 77.59 Crores
Balance Sheet Size FY21/22 Rs 944370.11 Crores Rs 128.68 Crores
Balance Sheet Size FY22/23 Rs 967891.38 Crores Rs 113.99 Crores

Comparison Link:

Compare NJ Wealth Compare RK Global
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Frequently Asked Questions

Is NJ Wealth better than RK Global ?

NJ Wealth and RK Global 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 RK Global better than NJ Wealth ?

NJ Wealth and RK Global 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 RK Global ?

NJ Wealth and RK Global 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 RK Global cheaper than NJ Wealth ?

NJ Wealth and RK Global 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. RK Global ?

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