NJ Wealth vs 5Paisa – Compare Charges, Trading Features, Offers & more

Find a Comparison of NJ Wealth vs 5Paisa 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 5Paisa.

Background

Year of Incorporation 2000 2007
Website https://www.njwealth.in/ https://www.5paisa.com/
Phone 0261-6155000 89766 89766
Exchanges enabled BSE, NSE NSE, BSE
Demat (NSDL/CDSL) CDSL & NSDL CDSL
Brokerage

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

Trading only Rs. 300 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 0.00325% on Turnover
Futures 0 0.0021% on Contract Turnover
Options 0 0.053% on Premium Turnover
Commodities 0 0.0031% on Contract turnover
AMC charge Rs 250 per annum Rs 300 per year
DP Transaction Charge Rs 20 Rs 12.5 per debit instruction
Offline order placing Charge 0 Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes 365 days on Zerodha Pi
End of Day Yes 10 years on Zerodha Pi
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 5x for intraday & 1x for Delivery
Equity Futures Upto 4x Upto 2x intraday leverage
Equity Options Upto 5X Buying no leverage, Shorting upto 5x leverage intrdaday
Currency Futures Upto 1x 1x intraday leverage
Currency Options Upto 3x Buying no leverage, Shorting upto 2x intraday leverage
Commodity Upto 3x Upto 2x intraday leverage
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 12.53 Lakh
Profit after Tax FY12/13 Rs 2179.98 Crores Rs 16.57 Lakh
Profit after Tax FY13/14 Rs 2865.45 Crores Rs 15.13 Lakh
Profit after Tax FY 14/15 Rs 3452.44 Crores Rs 23.69 Lakh
Profit after Tax FY 15/16 Rs 5134.80 Crores Rs 19.69 Lakh
Profit after Tax FY 16/17 Rs 7568.40 Crores Rs 16.62 Lakh
Profit after Tax FY 17/18 Rs 4861.99 Crores Rs 23.00 Lakh
Profit after Tax FY 18/19 Rs 2758.71 Crores Rs 21.18 Lakh
Profit after Tax FY 19/20 Rs 1534.54 Crores Rs 20.71 Lakh
Profit after Tax FY 20/21 Rs (125.87) Crores Rs 22.81 Lakh
Profit after Tax FY 21/22 Rs (2413.70) Crores Rs 30.18 Lakh
Profit after Tax FY 22/23 Rs 654.94 Crores Rs 29.48 Lakh
Debt FY11/12 Rs 37.58 Crores Rs 24.53 Lakh
Debt FY12/13 Rs 32.87 Crores Rs 29.87 Lakh
Debt FY13/14 Rs 58.90 Crores Rs 26.44 Lakh
Debt FY14/15 Rs 79.15 Crores Rs 32.35 Lakh
Debt FY15/16 Rs 159.36 Crores Rs 31.55 Lakh
Debt FY16/17 Rs 234.23 Crores Rs 31.59 Lakh
Debt FY17/18 Rs 288.96 Crores Rs 34.44 Lakh
Debt FY18/19 Rs 311.66 Crores Rs 38.04 Lakh
Debt FY19/20 Rs 346.17 Crores Rs 35.88 Lakh
Debt FY20/21 Rs 377.39 Crores Rs 42.27 Lakh
Debt FY21/22 Rs 413.52 Crores Rs 40.85 Lakh
Debt FY22/23 Rs 439.61 Crores Rs 44.35 Lakh
Profit to Equity(%) FY11/12 27.45% 44.15
Profit to Equity(%) FY12/13 29.40% 40.37
Profit to Equity(%) FY13/14 21.23% 39.43
Profit to Equity(%) FY14/15 20.42% 45.22
Profit to Equity(%) FY15/16 26.64% 42.44
Profit to Equity(%) FY16/17 38.11% 48.43
Profit to Equity(%) FY17/18 40.27% 46.75
Profit to Equity(%) FY18/19 41.34% 46.08
Profit to Equity(%) FY19/20 43.50% 47.00
Profit to Equity(%) FY20/21 46.15% 54.81
Profit to Equity(%) FY21/22 45.31% 50.42
Profit to Equity(%) FY22/23 44.90% 50.80
Balance Sheet Size FY11/12 Rs 6349.37 Crores Rs 49.45 Lakh
Balance Sheet Size FY12/13 Rs 6738.15 Crores Rs 54.96 Lakh
Balance Sheet Size FY13/14 Rs 6891.54 Crores Rs 57.64 Lakh
Balance Sheet Size FY14/15 Rs 7487.89 Crores Rs 51.94 Lakh
Balance Sheet Size FY15/16 Rs 7746.66 Crores Rs 54.63 Lakh
Balance Sheet Size FY16/17 Rs 7976.32 Crores Rs 59.80 Lakh
Balance Sheet Size FY17/18 Rs 8446.49 Crores Rs 63.56 Lakh
Balance Sheet Size FY18/19 Rs 8561.64 Crores Rs 60.17 Lakh
Balance Sheet Size FY19/20 Rs 8648.75 Crores Rs 57.07 Lakh
Balance Sheet Size FY20/21 Rs 8864.61 Crores Rs 62.60 Lakh
Balance Sheet Size FY21/22 Rs 9370.11 Crores Rs 67.69 Lakh
Balance Sheet Size FY22/23 Rs 9691.38 Crores Rs 67.75 Lakh

Comparison Link:

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

Frequently Asked Questions

Which is better, NJ Wealth or 5Paisa?

NJ Wealth Securities and 5Paisa 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 NJ Wealth and 5Paisa offer mobile trading apps?

Yes, both NJ Wealth Securities and 5Paisa provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for 5Paisa and NJ Wealth?

The account opening charges by brokers NJ Wealth and 5Paisa for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both NJ Wealth and 5Paisa are SEBI-registered brokers with good reputations. NJ Wealth is known for its trading platforms, while 5Paisa is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both NJ Wealth and 5Paisa offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.