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

Find a Comparison of Tradejini vs NJ Wealth 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 Tradejini and NJ Wealth.

Background

Year of Incorporation 2012 2000
Website https://tradejini.com/ https://www.njwealth.in/
Phone 080-40204020 0261-6155000
Exchanges enabled NSE, BSE, MCX-SX, & MCX BSE, NSE
Demat (NSDL/CDSL) CDSL CDSL & NSDL
Brokerage

Equity Rs 20 or 0.1% for delivery & Rs 20 or 0.05% for Intraday 0.1% - 0.2%
Equity Futures Rs 20 or 0.05% per executed order 0.01% - 0.02%
Equity Options Rs 20 per executed order Rs.10 - Rs.20 per Lot
Currency Futures Not Available 0.01% - 0.02%
Currency Options Not Available Rs.10 - Rs.20 per Lot
Commodity Rs 20 per executed order 0.01% - 0.02%
Account Opening Costs

Trading only Free Rs. 300
Trading & Demat Rs 300 Free
Commodity Rs 300 Rs.100
Transparency & other costs

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

Equity 0.0039% of Turnover 0
Futures 0.0039% of Turnover 0
Options 0.079% of Turnover 0
Commodities 0.0044% of Turnover 0
AMC charge Rs. 300 + GST per year Rs 250 per annum
DP Transaction Charge Rs.14.5+ GST per scrip Rs 20
Offline order placing Charge Rs 20/Executed Order 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 Days on NEST Yes
End of Day 10 years on NEST Yes
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 20x for Intraday, & No leverage for Delivery Upto 2x for Delivery & Upto 7x for Intraday
Equity Futures Upto 2x for Intraday Upto 4x
Equity Options For Buying No leverage, For Shorting upto 2x for Intraday Upto 5X
Currency Futures Not Available Upto 1x
Currency Options Not Available Upto 3x
Commodity Upto 2x for Intraday Upto 3x
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 0 Rs 1521.69 Crores
Profit after Tax FY12/13 Rs 5.5 Lakhs Rs 2179.98 Crores
Profit after Tax FY13/14 Rs 4.36 lakhs Rs 2865.45 Crores
Profit after Tax FY 14/15 Rs 6.05 Lakh Rs 3452.44 Crores
Profit after Tax FY 15/16 Rs 6.89 Lakh Rs 5134.80 Crores
Profit after Tax FY 16/17 Rs 10.21 Lakh Rs 7568.40 Crores
Profit after Tax FY 17/18 Rs 12.07 Lakh Rs 4861.99 Crores
Profit after Tax FY 18/19 Rs 12.07 Lakh Rs 2758.71 Crores
Profit after Tax FY 19/20 Rs 13.49 Lakh Rs 1534.54 Crores
Profit after Tax FY 20/21 Rs 12.32 Lakh Rs (125.87) Crores
Profit after Tax FY 21/22 Rs 16.09 Lakh Rs (249,13.70) Crores
Profit after Tax FY 22/23 Rs 13.75 Lakh Rs 654.94 Crores
Debt FY11/12 Rs 26.16 Lakh Rs 37.58 Crores
Debt FY12/13 Rs 24.94 Lakh Rs 32.87 Crores
Debt FY13/14 Rs 29.23 Lakh Rs 58.90 Crores
Debt FY14/15 Rs 29.05 Lakh Rs 79.15 Crores
Debt FY15/16 Rs 24.11 Lakh Rs 159.36 Crores
Debt FY16/17 Rs 32.48 Lakh Rs 234.23 Crores
Debt FY17/18 Rs 27.27 Lakh Rs 288.96 Crores
Debt FY18/19 Rs 28.67 Lakh Rs 311.66 Crores
Debt FY19/20 Rs 28.67 Lakh Rs 346.17 Crores
Debt FY20/21 Rs 28.67 Lakh Rs 377.39 Crores
Debt FY21/22 Rs 35.64 Lakh Rs 413.52 Crores
Debt FY22/23 Rs 35.92 Lakh Rs 439.61 Crores
Profit to Equity(%) FY11/12 18.80 27.4
Profit to Equity(%) FY12/13 12.24 29.40
Profit to Equity(%) FY13/14 20.38 21.23
Profit to Equity(%) FY14/15 22.95 20.42
Profit to Equity(%) FY15/16 18.57 26.64
Profit to Equity(%) FY16/17 18.57 38.11
Profit to Equity(%) FY17/18 23.90 40.2
Profit to Equity(%) FY18/19 23.90 41.34
Profit to Equity(%) FY19/20 22.67 43.50
Profit to Equity(%) FY20/21 20.03 46.15
Profit to Equity(%) FY21/22 20.19 45.31
Profit to Equity(%) FY22/23 25.92 44.90
Balance Sheet Size FY11/12 Rs 5.94 Crores Rs 6349.37 Crores
Balance Sheet Size FY12/13 Rs 3.4 Crores Rs 6738.15 Crores
Balance Sheet Size FY13/14 Rs 6.1 Crores Rs 6891.54 Crores
Balance Sheet Size FY14/15 Rs 5.94 Crores Rs 7487.89 Crores
Balance Sheet Size FY15/16 Rs 5.81 Crores Rs 7746.66 Crores
Balance Sheet Size FY16/17 Rs 8.83 Crores Rs 7976.32 Crores
Balance Sheet Size FY17/18 Rs 8.95 Crores Rs 8446.49 Crores
Balance Sheet Size FY18/19 Rs 8.84 Crores Rs 8561.64 Crores
Balance Sheet Size FY19/20 Rs 9.29 Crores Rs 8648.75 Crores
Balance Sheet Size FY20/21 Rs 12.55 Crores Rs 8864.61 Crores
Balance Sheet Size FY21/22 Rs 12.02 Crores Rs 9370.11 Crores
Balance Sheet Size FY22/23 Rs 14.03 Crores Rs 9691.38 Crores

Comparison Link:

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Frequently Asked Questions

Which is better, Tradejini or NJ Wealth?

Tradejini Securities and NJ Wealth are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do Tradejini and NJ Wealth offer mobile trading apps?

Yes, both Tradejini Securities and NJ Wealth provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for NJ Wealth and Tradejini?

The account opening charges by brokers Tradejini and NJ Wealth for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both Tradejini and NJ Wealth are SEBI-registered brokers with good reputations. Tradejini is known for its trading platforms, while NJ Wealth is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both Tradejini and NJ Wealth offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.