Tradejini Brokerage Charges, Margin, Trading Policy and Review 2021
Tradejini Broker Review 2021
Tradejini start-up started by two Entrepreneurs in 2012. It’s HQ is in Bangalore based discount broker engaged in financial services. All trades operate under a flat-fee structure, meaning there are no gimmicks or trickery.
Tradejini is a member of the major stock exchanges such as NSE, BSE, MCX and MCX-SX and provide full-fledged Demat service through CDSL.
Starting with 5 person team to now 60 person team with Turnover 1000 cr a Day.
Promoter
- Kishore Kumar J
- Dinesh Kumar M
Tradejini Presence:
- Bangalore – HQ
- Tamil Nadu – Sales office
Account Opening
- Trading Account Opening Fee – Rs 300
- Brokerage Account AMC – RS 0
- Demat Account Opening Fee – Rs 300
- Demat Account AMC – Rs 300
Brokerage:
- Monthly Fee – Nil
- Equity Delivery – Rs 20 Per order irrespective of trade size
- Equity Intraday – Rs 20 Per order irrespective of trade size
- Future & Option – Rs 20 Per order irrespective of trade size
- Commodity – Rs 20 Per order irrespective of trade size
Turnover Charges:
- Equity Delivery – Rs 325 Per Cr.
- Equity Intraday – Rs 325 Per Cr.
- Future – Rs 200 Per Cr.
- Option – Rs 5300 Per Cr.
- Currency Future – Rs 125 Per Cr
- Currency Options – Rs 4300 Per Cr.
- Commodity – Rs 370 Per Cr.
Other Charges
- Minimum Brokerage – NIL
- Call N Trade Charges – Rs 20 Per order irrespective of trade size
- Dp Slip Charges – Rs 15 Per Scrip
- Stamp Duty – Charges as per State Resident
Tradejini Margin / Exposures / Intraday Leverage
- Equity Intraday – Upto20 Times
- Equity Delivery – Cash N Carry
- Future – Upto2 times ( Intraday )
- Option – Shorting 2 times
- Currency Future – NA
- Currency Option – NA
- Commodity – 2 Times ( Intraday )
Tradejini Trading Platform
NEST Trader (Trading Platform)
Tradejini NEST Trader is Flagship Trading platform build by Omnesys. It is the EXE base trading terminal based online trading platform. It is a very robust platform that requires high speed internet connectivity as all active trader platforms do, to become acquainted with it. Some of its features are:
- Single platform for all NSE, BSE, MCX exchanges.
- Live streaming quotes.
- Real time Intraday Charts
- 100 + technical indicator
- Technical analysis tools.
- Easy and Speedy Trade Execution.
- Reliable and tasted software by Omnesys
Tradejini Mobile App
The mobile app is available on Android as well as Iphone. Tradejini offer NOW Mobile App provide full fledge online trading platform for their clients.
Android – NSE NOW
- 1Million downloads
- 1 Rating by 13786user
IOS (IPHONE)
- 1 Rating by 54user
- Multiple market watch
- Live streaming Price
- Fund transfer from leading banks
- Position monitoring and margin utilization
- Portfolio and holding tracking
- IPO Subscribing
Tradejini Web base trading platform
Tradejini offer its client NSE NOW for online trading platform. NOW stands for – NEAT on Web
- Fully automated screen base trading platform
- Streaming quotes
- Trade with keyboard shortcut keys
- Direct access to NSE server which reduce turnaround time of trades
- In built Technical chart tools
- Instant cash transfer facility against purchase & sale of shares
- IPO investments
Customer Service & Support
- Online Customer Care support
- Email Support
Other Product and Services
- Margin Calculator – Trade like professional know margin requirement before you place order. Tradejini margin calculator helps to understand pair trading margin benefits as well as multi-leg F&O Strategies Margin requirements.
- Option Calculator – Tradejini Option calculator provide you Black -Scholes option calculator helps client to calculate option Greeks – delta, gamma, Theta, Vega & Rho. Its also help for theorical value of expiry price and Profit and loss statement. You will get to know risk rewards potential.
- Flash by Tradejini– In time new is key for successful Trades. Flash by Tradejini brings latest financial market related news in single frame. Its fast and low bandwidth app. Its provide you snapshot of latest news
- Jiniversity Online Trading Academy by Tradejini – offer online education in equity market. For beginner or professional trader. Different topic discussed on Blog support.
Pros
- In-house CDSL DP
- Single trading platform for all exchanges
- Rs 20 Flat discount Brokerage.
Cons
- No Advance Trading terminal for Professional Trader
- No Branch Network
- Average Customer support
- Not Active educational Blog
Also Read: Compare Brokerage Companies in India
Check Reviews of Leading Share Brokers of India
5paisa Broker Review 2021
5paisa is backed by one of the leading financial services companies IIFL. India Infoline, the parent company, was incorporated in 1995. IIFL group offers wide range of financial products through over 1000 branches.
5paisa is a IIFL discount stock broker firm. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.
Services offered by 5paisa
- Flat brokerage of Rs 10 for Equity Cash, F&O and Currency derivative.
- IPOs, NCDs, bond, ETF investment.
- 5paisa Robo Advisory
- Online Insurance –term, life, auto and health.
- Trading Online – Trade in Stocks, Futures & Options and Currencies at NSE and BSE.
- Online Mutual Funds – Invest in wide range of Mutual Funds, ETFs and Bonds.
- Online Insurances – Compare and buy Car, Health and Term insurance online.
- Free Mutual Fund Investment and automated personalized advisory to invest in Mutual Fund.
- Investment, Trading and Insurance services under one roof.
- High class technology driven trading platforms across web, desktop and app based.
Promoter & Key Person
- Nirmal Bhanwarlal Jain – he is founder of IIFL – 5paisa’s holding company
- PrakarshGagdani – CEO of the Company
- Santosh Jayaram – Product head of the 5paisa
- Mayur Dedhia – Business intelligence
- They are backed by India Infoline Financial Ltd ( IIFL )
5paisa Presence:
Maharashtra – Thane
Account Opening
- Trading Account Opening Fee – Rs 650 ( One time )
- Brokerage Account AMC – RS 0
- Demat Account Opening Fee – Rs 0
- Demat Account AMC – Rs 400 ( Perry )
Brokerage:
- Monthly Fee – Nil
- Equity Delivery – Rs 10 Flat per order
- Equity Intraday – Rs 10 Flat Per Order
- Future & Option – Rs 10 Flat Per Order
- Commodity – NA
Turnover Charges:
- Equity Delivery – Rs 325 Per Cr.
- Equity Intraday – Rs 325 Per Cr.
- Future – Rs 190 Per Cr.
- Option – Rs 2300 Per Cr.
- Currency Future – Rs 135 Per Cr
- Currency Options – Rs 2400 Per Cr.
- Commodity – NA
Other Charges
- Minimum Brokerage – Rs 20
- Call N Trade Charges – Rs 20 Per Order
- Dp Slip Charges – Rs 25 Per Scrip
- Stamp Duty – Charges as per State Resident
5paisa Margin / Exposures / Intraday Leverage
- Equity Intraday – Upto15 Times on F&O base stocks
- Equity Delivery –Upto 5 times on Delivery Leverage Margin Funding
- Future – Upto2 times ( Intraday )
- Option – Upto2 times on Only Short Position ( Intraday )
- Currency Future – Upto2 times ( Intraday )
- Currency Option – Upto2 Times on Short Position ( Intraday )
- Commodity – NA
5paisa Trading Platform and Web
It’s Web is basic level web base trading platform where you can trade in all segment with
- live streaming quotes
- Charting tool
- Live stock tips
- Technical indicator
- Mutual Fund investment
- Instant Fund Transfer
5paisa Mobile App
5paisa mobile allow you to trade from anywhere, Mobile app available on Android as well as Iphone. App allowed to Open Paperless trading account with 5paisa once you downloaded from App store / PlayStore.
Android
- 500 Thousand downloads
- 0 Rating by 7858user
IOS (IPHONE)
- 8 Rating by 198user
5paisa mobile app features
- Easily search for stocks, even the complex ones.
- Access all NSE cash, Futures and Options and Currencies scrips.
- Live stock market price
- Multi-asset live watch list
- Advance charting and technical analysis
- Auto Investor fully customized mutual fund investment portfolio.
5paisa Desktop Trading
- 5paisa exe trading terminal is designed for professional traders who need advance trading tools.
- The desktop application offers real time data
- advance charts for intraday and historic stock prices.
- Variety of keyboard shortcuts are available to monitor the market on real-time basis and place orders faster.
- Trading ideas
- Multiple Watchlist
Customer Service & Support
- Online Customer Care support – +918976689766
- Email Support – [email protected]
- Branch Support – in Mumbai / Thane
- Social Media
Other Product and Services
- Open Aadhar based paperless account in 5 minutes, sign application using e-Sign.
- Robo Advisory is a fully automated investor advisory system which provides financial advices based on the answers you provide to the questions asked to you.
- Build using the advance computer technology, the 5paisa Robo advisory offers low-cost, handy and irrational investment advisory platform to its customers.
- Online Mutual Fund Platform
Pros
- Lowest Brokerage Rs 10 Flat per Order
- Provide Own Demat Account
- Roby advisory Platform for mutual fund
- Single app for all investment – Equity Trading & mutual fund investment , IPO
- EASY to use HTML 5 base Trading platform
Cons
- No Branch Network
- Call n Trade Charges
- No monthly Plan
- Average Customer Service
- GTC not available
Also Read: Compare Brokerage Companies in India
