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

Here is a detailed comparison of Zerodha vs NJ Wealth. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Zerodha & 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.

Zerodha vs NJ WealthIn 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

Compare Stock Brokers


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

Now let’s compare NJ Wealth Zerodha

Overview of Zerodha & NJ Wealth

OverviewZerodhaNJ Wealth
Company TypePrivatePrivate
Broker TypeDiscount BrokerFull Service Broker
HeadquartersBangalore, IndiaSurat, Gujarat
Founder Nithin Kamath, Nikhil Kamath, Dr.Kailash NadhNiraj Ravindra Choksi
Established Year20102000

Zerodha vs NJ Wealth Customer Ratings Comparison

Customer RatingsZerodhaNJ Wealth
Experience8.7 / 105.8/10
Products & Services9.4 / 105.8/10
Brokerage Charges & Fees9.5 / 105.6/10
Stock Research & Advisory9.6 / 105.4/10
Trading Platforms8.5 / 105.8/10
Overall Ratings9.14 / 105.6/10
Star Ratings★★★★★★★★☆☆
Total Client Reviews5893219

Zerodha vs NJ Wealth Demat Account Comparison

Demat ServicesZerodhaNJ Wealth
Depository SourceCDSLCDSL & NSDL
Account Opening ChargesRs.200Rs.300
Demat AMC ChargesRs.300 per AnnumFree
Trading AMC ChargesFreeRs.250 per Annum
Margin Money75% Margin75% Margin
Offline to OnlineSR

NJ Wealth vs Zerodha Brokerage Charges Comparison

Brokerage Charge & FeesZerodhaNJ Wealth
Equity Delivery TradingRs 0 (Free)0.1% – 0.2%
Equity Intraday TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.01% – 0.02%
Commodity Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.01% – 0.02%
Equity Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.01% – 0.02%
Equity Options TradingFlat Rs 20 per executed order (on Turnover)Rs.10 – Rs.20 per Lot
Currency Futures TradingFlat Rs 20 or 0.03% (whichever is lower) per executed order0.01% – 0.02%
Currency Options TradingFlat Rs 20 or 0.03% (whichever is lower) per executed orderRs.10 – Rs.20 per Lot
Minimum BrokerageZeroPercentage of Transaction
Demat AMC ChargesRs.300 per AnnumFree
Trading AMC ChargesFreeRs.250 per Annum
Margin Money75% Margin75% Margin
Brokerage CalculatorZerodha Brokerage CalculatorNJ Wealth Brokerage Calculator

NJ Wealth & Zerodha Other Charges Comparison

Other ChargesZerodhaNJ Wealth
Transaction Charges0.00325% of Total Turnover0.0000325
STTEquity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
SEBI Turnover ChargesRs 10 / Crore0.00005% (Rs. 5/Crore)
Stamp Duty(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare NJ Wealth & Zerodha Offers

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

Compare Services of Zerodha vs NJ Wealth

ServicesZerodhaNJ Wealth
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountSS
Intraday ServicesRR
IPO ServicesRS
Stock RecommendationsSR
Robo AdvisorySS
PMSRR
Trading InstitutionSS
Trading ExposureUpto 5xUpto 5x

Compare NJ Wealth & Zerodha Research & Advisory

Research & AdvisoryZerodhaNJ Wealth
Fundamental ReportsSR
Research ReportsSR
Company ReportsSR
Annual ReportsSR
Company Stock ReviewSR
Free Stock TipsSR
IPO ReportsSR
Top PicksSR
Daily Market ReviewSR
Monthly ReportsSR
Weekly ReportsSR
Offline AdvisorySR
Relationship ManagerSR

Zerodha vs NJ Wealth Exposure/Leverage

Exposure / LeverageZerodhaNJ Wealth
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorZerodha Margin CalculatorNJ Wealth Margin Calculator

Zerodha vs NJ Wealth Product Comparison

ProductsZerodhaNJ Wealth
Equity TradingRR
Commodity TradingRR
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSS
BankingSS
SIPRR
InsuranceSS

Zerodha vs NJ Wealth Trading Platform Comparison

Trading PlatformsZerodhaNJ 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 AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRR
Email AlertsRR
Multi-Account ManagementRS

Zerodha vs NJ Wealth Customer Support

Customer SupportZerodhaNJ Wealth
Dedicated DealerSR
Offline TradingSR
Online TradingRR
24*7 SupportRS
Email SupportRR
Chat SupportRS
Toll Free NumberSS
BranchesZero283

Zerodha vs NJ Wealth Customer Complaints

Complaints (Current Year)ZerodhaNJ Wealth
Lodged in BSE2200
Resolved in BSE2170
Lodged in NSE1897
Resolved in NSE1857

 


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