SSJ Finance Review, Brokerage Charges, Demat Account & more
Last Updated Date: Dec 01, 2022SSJ Finance is well structural and well maintained company who has diversified financial services.
The company from time to time provides advisory to the clients regarding structuring their complete investment portfolio. The company stands for giving the best experience to their clients.
Find detailed review of SSJ Finance along with its brokerage charges, account opening process, products, services, trading platforms, research & more.
SSJ Finance Ratings & Review by Top10StockBroker
Experience | 2.5/5 |
Products & Services | 3.4/5 |
Brokerage Charges & Fees | 3.3/5 |
Stock Research & Advisory | 2.6/5 |
Trading Platforms | 2.4/5 |
Overall Ratings | 2.7/5 |
Star Ratings | ★★★☆☆ |
About SSJ Finance
Company Type | Private |
Broker Type | Full Service Broker |
Headquarters | Mumbai, Maharashtra |
Founder | Amit Kumar Jain |
Established Year | 1996 |
The company is quite well known for providing the highest quality of products.
The founder of SSJ Finance is Amit Kumar Jain.
It was established in the year of 1996 and the headquarter of the company remains at Mumbai, Maharashtra.
Open Demat Account with SSJ Finance
SSJ Finance Brokerage Charges
Equity Delivery Trading | 0.50% |
Equity Intraday Trading | 0.05% |
Commodity Options Trading | 0.05% |
Equity Futures Trading | 0.05% |
Equity Options Trading | Rs.50 per Lot |
Currency Futures Trading | 0.05% |
Currency Options Trading | Rs.25 per Lot |
Minimum Brokerage | Percentage of Transaction |
Demat AMC Charges | Rs.250 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.10,000 |
Brokerage Calculator | SSJ Finance Brokerage Calculator |
The chart shown above is the brokerage charge percentage which is done according to the nominal market rates for the traders.
The charges will be levied as per the transaction charges. The company charges 0.50% for equity delivery trading, 0.05% for Equity intraday trading, Commodity options, Equity futures, Currency futures.
The company also charges Equity options trading for Rs. 50 per lot, and then currency options trading are charged for Rs. 25 per lot.
Minimum brokerage adds depending on the percentage of transaction and traders get margin money of Rs. 10,000 amount.
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SSJ Finance Other Charges
Transaction Charges | 0.00325% |
STT | 0.0126% of Total Turnover |
SEBI Turnover Charges | 0.0002% of Total Turnover |
Stamp Duty | Depends on State (very minimal) |
GST | 18% of (Brokerage + Transaction Charges) |
The additional charges that set on the brokerage fees are a transaction charge which is 0.00325%, STT of 0.0126% of total turnover, SEBI Turnover charge for 0.0002% of total turnover.
Stamp duty is also applied depending on the State and GST of 18% of (Brokerage+Transaction Charges) is also added.
Since the additional charge is very minimal thus there are not much effective to the total cost.
SSJ Finance Demat Account Opening Fees
Depository Source | CDSL & NSDL |
Account Opening Charges | Rs.330 |
Demat AMC Charges | Rs.250 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.10,000 |
Offline to Online | Yes |
The company charges Rs.330 for account opening, Demat AMC costs of Rs.250 per year. Trading AMC Charges comes in free but margin money of minimum Rs.10,000 is asked from the traders.
SSJ Finance Offers
Free Demat Account | No |
Free Trading Account | Yes |
Discount on Brokerage | Yes |
Trading Happy Hours | No |
Flexible Brokerage Plans | Yes |
1 Month Brokerage Free | No |
Holiday Offers | Yes |
Referral Offers | No |
Zero Brokerage for Loss Making Trades | No |
SSJ Finance focuses on building long term relationship with their customers. The broking offers provided by the broking house are-
- Discount on brokerage is rewarded by the company.
- The company provides holiday offers but no referral offers.
- Trading happy hours are not offered.
- Flexible brokerage plans are allowed by the company.
To know about offers of other stock brokers check below
Mdirect | Networth Direct | Pravin Ratilal | RK Global |
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Modex Securities | Nine Star Broking | Prostocks | R Wadiwala Securities |
How to Open a Demat Account with SSJ Finance?
The process of opening demat account with SSJ Finance are provided below –
- Click on the below green “Open Demat Account” button & fill up the form.
- KYC documents like Aadhar card, PAN card, Identity proof, Address proof, Age proof, and one photograph is to be downloaded.
- After uploading the KYC documents, the concerned person will contact for further verification.
- SSJ Finance offers full authority to operate on the Demat account after completing the full verification process.
Why Open SSJ Finance Trading Account?
A trading account gives the assurance of safety of the shares. Thus it is very important for trading.
- The company have attractive brokerage rates.
- A trading account will help us to know of over tracking.
- For online fund transfers multiple banks get tie up.
- Easy access to real time streaming quotes.
- Integrated depository and back office have an access of 24/7
Get a Call back from SSJ Finance
SSJ Finance Products & Services:
Here are the list of Products & Services provided by the stock broker –
Products Offered by SSJ Finance:
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | No |
Forex | No |
Banking | No |
SIP | No |
Insurance | Yes |
The products that are offered by SSJ Finance includes Equity trading, Commodity trading, Currency trading, Options, futures and Insurance.
SSJ Finance Service Offerings:
Demat Services | Yes |
Trading Services | Yes |
3 in 1 Acount | No |
Intraday Services | Yes |
IPO Services | No |
Stock Recommendations | Yes |
Robo Advisory | No |
PMS | No |
Trading Institution | No |
Trading Exposure | Upto 6X |
The above table presents the number of services that are offered by SSJ Finance which includes Stock recommendations, Intraday services, trading services.
The trading exposure stands up to 6X.
SSJ Finance Research, Advisory and Stock Tips
Fundamental Reports | No |
Research Reports | No |
Company Reports | No |
Annual Reports | No |
Company Stock Review | No |
Free Stock Tips | Yes |
IPO Reports | No |
Top Picks | Yes |
Daily Market Review | No |
Monthly Reports | No |
Weekly Reports | No |
Offline Advisory | Yes |
Relationship Manager | Yes |
SSJ finance gets involved in an in-depth research for its customers-
- Free stock tips turns out to be a benefit factor for the customers.
- Offline advisory.
- Relationship manager provides a great support and guidance.
- Top picks gets you to decide on your investments of sales.
SSJ Finance Exposure or Leverage
Equity Delivery | Upto 3X |
Equity Intraday | Upto 6X |
Equity Futures | Upto 2X |
Equity Options | Upto 4X |
Currency Futures | Upto 2X |
Currency Options | Upto 2X |
Commodities | Upto 3X |
Margin Calculator | SSJ Finance Margin Calculator |
The company provides leverage of about 6X to its users. The company gains maximum leverage of Equity intraday and Equity options.
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SSJ Finance Trading Platforms
Here are the thorough details on various trading platforms offered by SSJ Finance to its consumers.
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | Yes |
Desktop Browser Platform | Yes |
Mobile Site Platform | No |
Android App Platform | Yes |
iOS App Platform | Yes |
Windows App Platform | No |
Other Mobile OS Platform | No |
Real time Updates | Yes |
Portfolio Details | Yes |
Online MF Buy | No |
News Flash | No |
Research Reports | No |
Easy Installation | Yes |
Global Indices | Yes |
Stock Tips | Yes |
Personalized Advisory | No |
Interactive Charts | Yes |
Live Markets | Yes |
SMS Alerts | Yes |
Email Alerts | Yes |
Multi Account Management | No |
SSJ Finance Trading Terminal
- Access to multi monitor support with streaming data to multiple components on multiple monitors.
- Keyboard and mouse friendly trading.
SSJ Finance Web Trading Platform
- There is live market streaming provided by the company.
- You can search recommendation and have smart analysis of your investment.
SSJ Finance Mobile Trading App
The broking house does not have any mobile site platform.
SSJ Finance Customer Care
Dedicated Dealer | Yes |
Offline Trading | Yes |
Online Trading | Yes |
24*7 Support | No |
Email Support | Yes |
Chat Support | No |
Toll Free Number | No |
Branches | 283 |
SSJ Finance has multiple communications networks from where users can easily contact such as Email, direct call, offline trading, online trading.
Unfortunately, chat support is not applicable yet. The company have a customer support section which is a one stop access to any kind of information in the world.
The company stays upright in solving your queries and provides you relevant information.
SSJ Finance Complaints and Feedback
Find the list of complaint against SSJ Finance –
Lodged in BSE | 2 |
Resolved in BSE | 2 |
Lodged in NSE | 7 |
Resolved in NSE | 7 |
Percentage of No. of Complaints Received Against Number of Active Clients | 0.13 |
A number of complaints have been raised for the company. By the chart that is shown above it is easy to understand 5 complaints still remained unresolved.
SSJ Finance Disadvantages:
Below mentioned is the list of cons of SSJ Finance:
- Personalized advisory is not available.
- There is no mobile site platform available in the company which creates quite big problem for online trading.
- Daily Market Review is not available in the company.
SSJ Finance Conclusion
The motto of SSJ Financial Company is to listen, analyze, advice and then instantly act on it. The company deeply focuses on client’s financial interest only.
SSJ Financial tends to give a full well balanced exposure to the clients with the service of equities, commodities, depository and derivatives.
We strictly maintain our unbiased financial service to the traders. The company have a vision of spreading its roots throughout the nation and spreading more branches nation-wide.
Open Demat Account with SSJ Finance
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