NJ Wealth vs Shoonya by Finvasia – Compare Charges, Trading Features, Offers & more

Find a Comparison of NJ Wealth vs Shoonya by Finvasia 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 Shoonya by Finvasia.

Background

Year of Incorporation 2000 2020
Website https://www.njwealth.in/ https://shoonya.com/
Phone 0261-6155000 +91-172-474-0000
Exchanges enabled BSE, NSE BSE, NSE, NCDEX, MCX
Demat (NSDL/CDSL) CDSL & NSDL CDSL
Brokerage

Equity 0.1% - 0.2% 0
Equity Futures 0.01% - 0.02% 0
Equity Options Rs.10 - Rs.20 per Lot 0
Currency Futures 0.01% - 0.02% 0
Currency Options Rs.10 - Rs.20 per Lot 0
Commodity 0.01% - 0.02% 0
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
Futures 0 0
Options 0 0
Commodities 0 0
AMC charge 0 0
DP Transaction Charge Rs 20 Rs 9 + GST
Offline order placing Charge 0 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes Yes
End of Day Yes Yes
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x Upto 1x on Delivery & Upto 2x on Intraday
Equity Futures 1x Upto 1x
Equity Options 1.5x Upto 1.5x
Currency Futures 1.2x Upto 1.2x
Currency Options 1.5x Upto 1.5x
Commodity 1.5x Upto 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 1521.69 Crores 0
Profit after Tax FY12/13 Rs 2179.98 Crores 0
Profit after Tax FY13/14 Rs 2865.45 Crores 0
Profit after Tax FY 14/15 Rs 3452.44 Crores 0
Profit after Tax FY 15/16 Rs 5134.80 Crores 0
Profit after Tax FY 16/17 Rs 7568.40 Crores 0
Profit after Tax FY 17/18 Rs 4861.99 Crores 0
Profit after Tax FY 18/19 Rs 2758.71 Crores 0
Profit after Tax FY 19/20 Rs 1534.54 Crores Rs 140 Crores
Profit after Tax FY 20/21 Rs (12,065.87) Crores Rs 225.12 Crores
Profit after Tax FY 21/22 Rs (29,213.70) Crores Rs 248.93 Crores
Profit after Tax FY 22/23 Rs 62554.94 Crores Rs 451.24 Crores
Debt FY11/12 Rs 37.58 Crores 0
Debt FY12/13 Rs 32.87 Crores 0
Debt FY13/14 Rs 28.90 Crores 0
Debt FY14/15 Rs 25.15 Crores 0
Debt FY15/16 Rs 19.36 Crores 0
Debt FY16/17 Rs 24.23 Crores 0
Debt FY17/18 Rs 28.96 Crores 0
Debt FY18/19 Rs 31.66 Crores 0
Debt FY19/20 Rs 34.17 Crores Rs 5.31 Crores
Debt FY20/21 Rs 37.39 Crores Rs 6.45 Crores
Debt FY21/22 Rs 38.52 Crores Rs 7.63 Crores
Debt FY22/23 Rs 39.61 Crores Rs 6.85 Crores
Profit to Equity(%) FY11/12 27.4 0
Profit to Equity(%) FY12/13 29.4 0
Profit to Equity(%) FY13/14 21.23 0
Profit to Equity(%) FY14/15 20.42 0
Profit to Equity(%) FY15/16 26.64 0
Profit to Equity(%) FY16/17 38.11 0
Profit to Equity(%) FY17/18 40.2 0
Profit to Equity(%) FY18/19 41.34 0
Profit to Equity(%) FY19/20 43.5 3.12%
Profit to Equity(%) FY20/21 46.15 2.75%
Profit to Equity(%) FY21/22 45.31 3.94%
Profit to Equity(%) FY22/23 44.9 4.31%
Balance Sheet Size FY11/12 Rs 637849.37 Crores 0
Balance Sheet Size FY12/13 Rs 677538.15 Crores 0
Balance Sheet Size FY13/14 Rs 689491.54 Crores 0
Balance Sheet Size FY14/15 Rs 706487.89 Crores 0
Balance Sheet Size FY15/16 Rs 720046.66 Crores 0
Balance Sheet Size FY16/17 Rs 724976.32 Crores 0
Balance Sheet Size FY17/18 Rs 767846.49 Crores 0
Balance Sheet Size FY18/19 Rs 784561.64 Crores 0
Balance Sheet Size FY19/20 Rs 801348.75 Crores Rs 1503 Crores
Balance Sheet Size FY20/21 Rs 810464.61 Crores Rs 2314 Crores
Balance Sheet Size FY21/22 Rs 944370.11 Crores Rs 3287.21 Crores
Balance Sheet Size FY22/23 Rs 967891.38 Crores Rs 4821.39 Crores

Comparison Link:

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

Frequently Asked Questions

Is NJ Wealth better than Shoonya by Finvasia ?

NJ Wealth and Shoonya by Finvasia 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 Shoonya by Finvasia better than NJ Wealth ?

NJ Wealth and Shoonya by Finvasia 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 Shoonya by Finvasia ?

NJ Wealth and Shoonya by Finvasia 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 Shoonya by Finvasia cheaper than NJ Wealth ?

NJ Wealth and Shoonya by Finvasia 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. Shoonya by Finvasia ?

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