SSJ Finance Review, Brokerage Charges, Demat Account & more

SSJ 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 Customer Ratings & Review

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 ★★★☆☆
Total Client Reviews 256

 


About SSJ Finance

Company Type Private
Broker Type Full Service Broker
Headquarters Mumbai, Maharashtra
Founder Amit Kumar Jain
Established Year 1996

SSJ Finance

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

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  1. Open Demat AccountBecome Sub Broker

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.


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.


Find Brokerage Charges of other Full Service Brokers – 

Kotak Securities ICICI Direct Sharekhan India Infoline (IIFL)
Ventura Securities Marwadi Group Aditya Birla Money Motilal Oswal

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.

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

Fill Your Details Here
  1. Open Demat AccountBecome Sub Broker

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.


Check Products & Services offered by other Stock Brokers –

Angel Broking HDFC Securities Indiabulls Ventures  Just Trade
IDBI Direct  GCL Securities Arihant Capital Religare Securities

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.


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.


Check detailed review of similar full service brokers:

Mangal Keshav  MasterTrust Networth Direct Reliance Securities
Axis Direct  SMC Global GEPL Capital  SBI Cap Securities

Open Demat Account with SSJ Finance

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  1. Open Demat AccountBecome Sub Broker

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Best Demat Account in India

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