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 Rs. 300 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 Rs 250 per annum 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 Upto 2x for Delivery & Upto 7x for Intraday Upto 6x for Intraday
Equity Futures Upto 4x Upto 3x Intraday Leverage
Equity Options Upto 5X No Leverage
Currency Futures Upto 1x Upto 2x for Intraday
Currency Options Upto 3x No Leverage
Commodity Upto 3x 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 (125.87) Crores Rs 10.52 Crores
Profit after Tax FY 21/22 Rs (249,13.70) Crores Rs 11.73 Crores
Profit after Tax FY 22/23 Rs 654.94 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 58.90 Crores Rs 6.39 Crores
Debt FY14/15 Rs 79.15 Crores Rs 8.39 Crores
Debt FY15/16 Rs 159.36 Crores Rs 7.16 Crores
Debt FY16/17 Rs 234.23 Crores Rs 10.67 Crores
Debt FY17/18 Rs 288.96 Crores Rs 12.99 Crores
Debt FY18/19 Rs 311.66 Crores Rs 12.57 Crores
Debt FY19/20 Rs 346.17 Crores Rs 14.18 Crores
Debt FY20/21 Rs 377.39 Crores Rs 13.76 Crores
Debt FY21/22 Rs 413.52 Crores Rs 13.19 Crores
Debt FY22/23 Rs 439.61 Crores Rs 18.88 Crores
Profit to Equity(%) FY11/12 27.4 19.34
Profit to Equity(%) FY12/13 29.40 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 43.50 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 44.90 29.80
Balance Sheet Size FY11/12 Rs 6349.37 Crores Rs 73.8 Crores
Balance Sheet Size FY12/13 Rs 6738.15 Crores Rs 80.5 Crores
Balance Sheet Size FY13/14 Rs 6891.54 Crores Rs 77.72 Crores
Balance Sheet Size FY14/15 Rs 7487.89 Crores Rs 68.17 Crores
Balance Sheet Size FY15/16 Rs 7746.66 Crores Rs 89.54 Crores
Balance Sheet Size FY16/17 Rs 7976.32 Crores Rs 80.07 Crores
Balance Sheet Size FY17/18 Rs 8446.49 Crores Rs 77.17 Crores
Balance Sheet Size FY18/19 Rs 8561.64 Crores Rs 109.49 Crores
Balance Sheet Size FY19/20 Rs 8648.75 Crores Rs 108.23 Crores
Balance Sheet Size FY20/21 Rs 8864.61 Crores Rs 77.59 Crores
Balance Sheet Size FY21/22 Rs 9370.11 Crores Rs 128.68 Crores
Balance Sheet Size FY22/23 Rs 9691.38 Crores Rs 113.99 Crores

Comparison Link:

Compare NJ Wealth Compare RK Global
NJ Wealth Vs Punch Trade RK Global Vs Punch Trade
NJ Wealth Vs BlinkX RK Global Vs BlinkX
NJ Wealth Vs Lemonn RK Global Vs Lemonn
NJ Wealth Vs Mandot Securities RK Global Vs Mandot Securities
NJ Wealth Vs HDFC Sky RK Global Vs HDFC Sky
NJ Wealth Vs Dhan RK Global Vs Dhan
NJ Wealth Vs Goodwill Wealth RK Global Vs Goodwill Wealth
NJ Wealth Vs Shoonya by Finvasia RK Global Vs Shoonya by Finvasia
NJ Wealth Vs Paytm Money RK Global Vs Paytm Money
NJ Wealth Vs Globe Capital RK Global Vs Globe Capital
NJ Wealth Vs Finvasia RK Global Vs Finvasia
NJ Wealth Vs Cholamandalam Securities RK Global Vs Cholamandalam Securities
NJ Wealth Vs Canara Bank RK Global Vs Canara Bank
NJ Wealth Vs Axis Direct RK Global Vs Axis Direct
NJ Wealth Vs Alice Blue RK Global Vs Alice Blue
NJ Wealth Vs 5Paisa RK Global Vs 5Paisa
NJ Wealth Vs M.stock RK Global Vs M.stock
NJ Wealth Vs WisdomCapital RK Global Vs WisdomCapital
NJ Wealth Vs Way2wealth RK Global Vs Way2wealth
NJ Wealth Vs Ventura Securities RK Global Vs Ventura Securities
NJ Wealth Vs Navia Markets Ltd RK Global Vs Navia Markets Ltd
NJ Wealth Vs Tradejini RK Global Vs Tradejini
NJ Wealth Vs Tata Securities RK Global Vs Tata Securities
NJ Wealth Vs Swastika Investmart RK Global Vs Swastika Investmart
NJ Wealth Vs SMC Global RK Global Vs SMC Global
NJ Wealth Vs SBICAP Securities RK Global Vs SBICAP Securities
NJ Wealth Vs SASOnline RK Global Vs SASOnline
NJ Wealth Vs Samco securities RK Global Vs Samco securities
NJ Wealth Vs Reliance Securities RK Global Vs Reliance Securities
NJ Wealth Vs Nirmal Bang RK Global Vs Nirmal Bang
NJ Wealth Vs Master Trust Capital RK Global Vs Master Trust Capital
NJ Wealth Vs Kotak Securities RK Global Vs Kotak Securities
NJ Wealth Vs Interactive Brokers RK Global Vs Interactive Brokers
NJ Wealth Vs IIFL Securities RK Global Vs IIFL Securities
NJ Wealth Vs Dhani RK Global Vs Dhani
NJ Wealth Vs IDBI Capital RK Global Vs IDBI Capital
NJ Wealth Vs HDFC Securities RK Global Vs HDFC Securities
NJ Wealth Vs Geojit RK Global Vs Geojit
NJ Wealth Vs Fyers Securities RK Global Vs Fyers Securities
NJ Wealth Vs Edelweiss Capital RK Global Vs Edelweiss Capital
NJ Wealth Vs Easytradez RK Global Vs Easytradez
NJ Wealth Vs Rupeezy RK Global Vs Rupeezy
NJ Wealth Vs Anand Rathi RK Global Vs Anand Rathi
NJ Wealth Vs Aditya Birla Money RK Global Vs Aditya Birla Money
NJ Wealth Vs Achiievers RK Global Vs Achiievers
NJ Wealth Vs Angel One RK Global Vs Angel One
NJ Wealth Vs Motilal Oswal RK Global Vs Motilal Oswal
NJ Wealth Vs ICICI Direct RK Global Vs ICICI Direct
NJ Wealth Vs Sharekhan RK Global Vs Sharekhan
NJ Wealth Vs Groww RK Global Vs Groww
NJ Wealth Vs Tradesmart Online RK Global Vs Tradesmart Online
NJ Wealth Vs Upstox RK Global Vs Upstox
NJ Wealth Vs Zerodha RK Global Vs Zerodha

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.