Paytm Money vs NJ Wealth – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Paytm Money vs NJ Wealth. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Paytm Money & NJ Wealth will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

NJ Wealth vs Paytm Money

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

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This Paytm Money & NJ Wealth comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare NJ Wealth & Paytm Money

Overview of Paytm Money & NJ Wealth

OverviewPaytm MoneyNJ Wealth
Company TypePrivatePrivate
Broker TypeDiscount BrokerFull Service Broker
HeadquartersBangaloreSurat, Gujarat
FounderVijay Shekhar SharmaNiraj Ravindra Choksi
Established Year20192000

Paytm Money vs NJ Wealth Customer Ratings Comparison

Customer RatingsPaytm MoneyNJ Wealth
Experience2.7/55.8/10
Products & Services2.8/55.8/10
Brokerage Charges & Fees3.4/55.6/10
Stock Research & Advisory2.5/55.4/10
Trading Platforms3.1/55.8/10
Overall Ratings3.0/55.6/10
Star Ratings★★★☆☆★★★☆☆
Total Client Reviews315219

Paytm Money vs NJ Wealth Demat Account Comparison

Demat ServicesPaytm MoneyNJ Wealth
Depository SourceCDSL & NSDLCDSL & NSDL
Account Opening ChargesRs.300Rs.300
Demat AMC ChargesRs.300 per AnnumFree
Trading AMC ChargesFreeRs.250 per Annum
Margin MoneyZero MarginMinimum Rs.3,000
Offline to OnlineRR

NJ Wealth vs Paytm Money Brokerage Charges Comparison

Brokerage Charge & FeesPaytm MoneyNJ Wealth
Equity Delivery TradingFree0.1% – 0.2%
Equity Intraday TradingRs.10 per order0.01% – 0.02%
Commodity Options TradingNA0.01% – 0.02%
Equity Futures TradingRs.10 per order0.01% – 0.02%
Equity Options TradingRs.10 per orderRs.10 – Rs.20 per Lot
Currency Futures TradingNA0.01% – 0.02%
Currency Options TradingNARs.10 – Rs.20 per Lot
Minimum Brokerage0.02% or Rs.10 per order (whichever is lower)Percentage of Transaction
Demat AMC ChargesRs.300 per AnnumFree
Trading AMC ChargesFreeRs.250 per Annum
Margin MoneyZero MarginMinimum Rs.3,000
Brokerage CalculatorPaytm Money Brokerage CalculatorNj India Brokerage Calculator

NJ Wealth & Paytm Money Other Charges Comparison

Other ChargesPaytm MoneyNJ Wealth
Transaction Charges0.00345% of turnover for NSE and 0.003% of turnover for BSE0.0000325
STT0.1% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.00005% of Total Turnover0.0002% of Total Turnover
Stamp Duty0.015% of turnover on buy ordersDepends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare NJ Wealth & Paytm Money Offers

OffersPaytm MoneyNJ Wealth
Free Demat AccountSS
Free Trading AccountRS
Discount on BrokerageRS
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersRS
Zero Brokerage for Loss Making TradesSS

Compare Services of Paytm Money vs NJ Wealth

ServicesPaytm MoneyNJ Wealth
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountRS
Intraday ServicesRR
IPO ServicesRS
Stock RecommendationsSR
Robo AdvisorySS
PMSSR
Trading InstitutionSS
Trading ExposureUpto 7.5XUpto 7X

Compare NJ Wealth & Paytm Money Research & Advisory

Research & AdvisoryPaytm MoneyNJ Wealth
Fundamental ReportsSR
Research ReportsSR
Company ReportsSR
Annual ReportsSR
Company Stock ReviewRR
Free Stock TipsRR
IPO ReportsSR
Top PicksSR
Daily Market ReviewSR
Monthly ReportsSR
Weekly ReportsSR
Offline AdvisoryRR
Relationship ManagerRR

Paytm Money vs NJ Wealth Exposure/Leverage

Exposure / LeveragePaytm MoneyNJ Wealth
Equity Delivery1x (no margin)Upto 2X
Equity IntradayUp to 7.5x (based on the stock)Upto 7X
Equity FuturesCarry Forward 1X, Intraday 2XUpto 4X
Equity OptionsCarry Forward 1X, Intraday (Options Selling) 2XUpto 5X
Currency FuturesNAUpto 1X
Currency OptionsNAUpto 3X
CommoditiesNAUpto 3X
Margin CalculatorPaytm Money Margin CalculatorNj Wealth Margin Calculator

Paytm Money vs NJ Wealth Product Comparison

ProductsPaytm MoneyNJ Wealth
Equity TradingRR
Commodity TradingSR
Currency TradingSR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSS
BankingRS
SIPRR
InsuranceSS

Paytm Money vs NJ Wealth Trading Platform Comparison

Trading PlatformsPaytm MoneyNJ Wealth
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformRR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRR
Easy InstallationRR
Global IndicesRR
Stock TipsRR
Personalized AdvisorySS
Interactive ChartsRR
Live MarketsRR
SMS AlertsSR
Email AlertsRR
Multi Account ManagementSS

Paytm Money vs NJ Wealth Customer Support

Customer SupportPaytm MoneyNJ Wealth
Dedicated DealerSR
Offline TradingRR
Online TradingRR
24*7 SupportSS
Email SupportRR
Chat SupportRS
Toll Free NumberSS
BranchesNo Branch283

Paytm Money vs NJ Wealth Customer Complaints

Complaints (Current Year)Paytm MoneyNJ Wealth
Lodged in BSE00
Resolved in BSE00
Lodged in NSE07
Resolved in NSE07

Compare Paytm Money with other Brokers & NJ Wealth with other Brokers


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