The stockbrokers are the mediators between the investor and the stock exchange. NJ wealth is one of the leading stockbrokers that provides the service of financial advisory and distribution of financial products in India. It is a full-service stockbroker and came into existence in 2003. Its founders are Neeraj Choksi and Jignesh Desai. NJ Wealth is present in 25 states across India with more than 33,000 network partners.

NJ wealth has grown from humble beginnings and now has more than 15.350 active clients in FY 19-20. The clients include corporates, individuals, etc. Considering the client size, it is in the category of small stockbrokers. The stockbroker has brand equity in specific areas of the country.

Let us learn about its trading platform NJ E-Wealth

NJ E-Wealth

When it comes to trading and providing streamline transactions, They ranks among the top brokers of the country. Their NJ e-Wealth application gives the clients the platform to monitor all their portfolio holdings that include equities, IPOs, mutual funds, ETFs, etc. By using this application you can easily buy or sell securities. You can download NJ e- Wealth because of the following benefits.

  • It is safe and user friendly.
  • It helps you to check your transactions and portfolio at any time.
  • You get access to mutual funds, equities, IPOs, ETFs, etc. at a single place.

Let us now learn about the top features of the NJ E-Wealth Application.

Application Features

  • View portfolio anytime.
  • Buy, sell and invest in securities anytime.
  • Easy to use.
  • Convenient transaction option.
  • No requirement of the physical application.
  • Safe transaction options.
  • Online processing for everything.
  • No need for signature

The above are just a few of the best features of the NJ e-Wealth application. Let us now learn about the products that provides.

Video Source: https://youtu.be/NfmuGeK_EaQ

NJ Wealth Products

NJ Wealth provides advisory services and financial products like equity, mutual funds, ETFs, Portfolio Management Services, infrastructure bonds, government bonds, etc. The firm also provides a course on stock market education, CFP, AMFI, etc. It’s also provides services in other products like real estate.

It is a registered member of NSE and BSE. CDSL is its depository participant. You can open trading and demat account with them. By using their depository services you can hold the securities in an electronic form.

When it comes to the trading platform, NJ e-Wealth is a mobile application for smartphone users. But when it comes to a web platform, It has something to offer here too.

NJ Client Desk E-Wealth Web Platform

NJ web platform requires no need for installing any software. You can access the entire portfolio and trade using without using or downloading any particular software. These services are accessible from anywhere across the globe. Trading on the web platform does not require any physical signature or physical application. The mode of payment is also safe and secure. You get a comprehensive report for all the transactions done in your account.

Let us now learn about the NJ Wealth Brokerage Charges

NJ Wealth Brokerage Charges

Equity Delivery Trading0.1% – 0.2%
Equity Intraday Trading0.01% – 0.02%
Commodity Options Trading0.01% – 0.02%
Equity Futures Trading0.01% – 0.02%
Equity Options TradingRs.10 – Rs.20 per Lot
Currency Futures Trading0.01% – 0.02%
Currency Options TradingRs.10 – Rs.20 per Lot
Minimum BrokeragePercentage of Transaction
Demat AMC ChargesFree
Trading AMC ChargesRs.250 per Annum
Margin MoneyMinimum Rs.3,000

Let us now learn about the cost of opening a demat account and annual maintenance charges.

Demat Account Opening Fees and Annual Maintenance Charges

Depository SourceCDSL & NSDL
Account Opening ChargesRs.300
Demat AMC ChargesFree
Trading AMC ChargesRs.250 per Annum
Margin MoneyMinimum Rs.3,000
Offline to OnlineYes

Customer Care

NJ Wealth has a good track record of resolving the grievance of customers. You can call their executives on the weekdays between 9.15 a.m. to 6 p.m. and between 10 a.m. to 2 p.m. on Saturdays except second and fourth. Reaching the customer care is very easy as well. You can call or email or even visit their office for resolving any issue.

They offers many benefits to its clients. Opening a demat and trading account with them is not a bad idea. The NJ trading account and demat account (TADA) reduces the hassle and problem of holding the securities in physical form.

If you are a beginner in the market and want to learn about it, you can visit Trading Fuel. We are the leader in providing stock market education. With our informative blogs and articles, you can become a successful investor and trader. All the information on our page is free of cost. All you need to do is subscribe to our page and enhance your stock market knowledge regularly.

NJ India Invest Pvt. Ltd.
Registered & Corporate Office:
BLOCK NO.901 & 902, 6TH FLOOR, ‘B’ TOWER, UDHNA UDYOG NAGAR SANGH COMMERCIAL COMPLEX,
CENTRAL ROAD NO. 10, UDHNA, SURAT – 394210, GUJARAT.
CIN : U67120GJ2000PTC037674

SEBI Registration No: INZ000213137 (Member of NSE and BSE)
CDSL – SEBI Registration No: IN-DP-14-2015, CMID Code : M51718 | AMFI No : ARN 0155 | PFRDA POP 15092018
For DP complaints & grievances mail at dpservices@njgroup.in
For NPS grievances mail at npsgrievance@njgroup.in
Help-desk : 1800 102 0155
Call N Transact (CNT) Number : 0261-4026100

Author

Prashant Raut is a successful professional stock market trader. He is an expert in understanding and analyzing technical charts. With his 8 years of experience and expertise, he delivers webinars on stock market concepts. He also bags the ‘Golden Book of World Record’ for having the highest number of people attending his webinar on share trading.