Upstox vs NJ Wealth – Compare Charges, Trading Features, Offers & more

Find a Comparison of Upstox vs NJ Wealth here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Upstox and NJ Wealth.

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Upstox vs NJ Wealth – Company Overview

Company Overview Upstox NJ Wealth
Company Type Private Private
Headquarters Mumbai Surat
Founder Raghu Kumar, Ravi Kumar & Shrinivas Vishvanath Neeraj Choksi
Establishment Year 2011 1994

Compare the Brokerage of Upstox and NJ Wealth

Brokerage Upstox NJ Wealth
Brokerage Plan Standard Plan Standard Plan
Subscription Charges Zero Zero
Equity Delivery Rs.20 per Trade or 2.5%, whichever is low 0.10 of Transaction Value
Equity Intraday Rs.20 per Trade or 0.05% (whichever is low) 0.01 of Transaction Value
Equity Future Rs.20 per Trade or 0.05% (whichever is low) 0.01 of Transaction Value
Equity Option Rs.20 per Trade Rs.10 per Lot
Commodity Future Rs.20 per Trade or 0.05% (whichever is low) NA
Commodity Option Rs.20 per Trade NA
Currency Future Rs.20 per Trade or 0.05% (whichever is low) NA
Currency Option Rs.20 per Trade NA

Upstox vs NJ Wealth – Trading Platforms

Trading Platforms Upstox NJ Wealth
Android App Upstox Android App Link NJ Wealth Android App Link
iOS App Upstox iOS App Link NJ Wealth iOS App Link
Web Trading Platform Upstox Web Trading Link NJ Wealth Web Trading Link
Trading Terminal NA NA
Algo Trading Platform Available NA
Foreign Stocks Trading Platform NA NA
Basket Trading Platform Available NA
Mutual Fund Investment Platform Available Available
Digital Gold Investment Platform NA NA
Bonds Investment Platform NA NA

Comparison of Upstox and NJ Wealth – Trading Features

Trading Features Upstox NJ Wealth
Wishlist Yes Yes
Real Time Updates Yes Yes
Portfolio Details Yes Yes
Online MF Buy Yes Yes
Research Reports No No
Global indices No No
Customised Recommendations No No
Stock tips No No
Interactive charts Yes No
Live market Yes Yes
Multi Profile Management No No
Robust & Secure Platform Yes Yes

Compare Upstox vs NJ Wealth Offers

Offers Upstox NJ Wealth
Free Account Opening Yes Yes
Free AMC No Yes
Free Brokerage No No
Flat Brokerage Yes No
Flexible Brokerage Plans No No
Happy Trading Hours No No
Free Delivery Trading No No
Free Intraday Trading No No
Free F&O Trading No No
Free Research Reports No Yes
Free Trading calls No Yes
Referral Offers Upto Rs.700 per Client Rs.250 per Client
Margin Funding / Pledging Yes Yes
Brokerage Cashback No No
Zero Brokerage for Loss Making Trades No No

Upstox vs NJ Wealth – Products Provided

Products Provided Upstox NJ Wealth
Equity Delivery Yes Yes
Equity Intraday Yes Yes
Equity Option Yes Yes
Equity Future Yes Yes
Commodity Option Yes No
Commodity Future Yes No
Currency Option Yes No
Currency Future Yes No
Foreign Stocks No No
Mutual Funds Yes Yes
Banking No No
Insurance No No
Corporate Bonds No No
Govt. Bonds No No
Digital Gold No No

Upstox vs NJ Wealth – Services Provided

Services Provided Upstox NJ Wealth
Demat Services Yes Yes
Trading Services Yes Yes
Intraday Services Yes Yes
F&O Services Yes Yes
IPO Services Yes Yes
3 in 1 Account No No
Stock Research No No
Stock Recommendations No No
Trading Institution Yes, UpLearn Yes, NJ Flap
Share Pledging Yes Yes
PMS or PCG No No
NRI Services No No

Compare Upstox and NJ Wealth Advisory

Advisory Upstox NJ Wealth
Fundamental Reports Yes No
Research Reports No No
Company Reports No No
Annual Reports No No
IPO Reports Yes No
Technical Reports No No
Stock Tips No No
Daily Top Stock Picks No No
Daily Market Review No No
Monthly Review No No
Weekly Review No No
Relationship Manager No No
Robo Advisory No Yes

Comparison of Upstox and NJ Wealth Exposure

Exposure Upstox NJ Wealth
Equity Delivery 1x 1x
Equity Intraday Upto 5x (Depends on Stocks) Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x 1x
Equity F&O Intraday 1.3x 1.3x
Commodity F&O Carry Forward 1x 1x
Commodity F&O Intraday 1.3x 1.3x
Currency F&O 1x 1x

Compare Programs of Upstox & NJ Wealth

Programs Upstox NJ Wealth
Sub Broker Program Yes, Limited Yes, Limited
Partner Program Yes Yes, Limited
Referral Program Yes Yes

Upstox vs NJ Wealth – Ratings by Finec

Ratings Upstox NJ Wealth
Overall Rating 9.80 / 10 7.70 / 10
Customer Support 9.76 / 10 7.67 / 10
Technology 9.92 / 10 7.80 / 10
Charges 9.84 / 10 7.73 / 10
Products & Service 9.74 / 10 7.66 / 10
Experience 9.72 / 10 7.64 / 10

Compare Customer Support of Upstox and NJ Wealth

Customer Support Upstox NJ Wealth
Trading Support Available, Chargeable Available, Chargeable
Dedicated Dealer Available, Chargeable Available, Chargeable
Call Support 022-41792999 0261-4025000
Email Support support@upstox.com dpservices@njgroup.in
Whatsapp Support NA NA
Website Support Website Link Website Link
Facebook Support Facebook Support Link Facebook Support Link
Twitter Support Twitter Support Link Twitter Support Link
Telegram Support Telegram Support Link NA
Branches / Offices NA Available

Comparison of Upstox & NJ Wealth Complaints

Complaints Upstox NJ Wealth
Total Complaints Lodged 299 10
Total Complaints Resolved 258 7
% of Resolved Complaints 86.29% 70.00%
Non Actionable Complaints 28 3
% of Non Actionable Complaints 9.36% 30.00%

Compare Demat Charges of Upstox vs NJ Wealth

Demat Charges Upstox NJ Wealth
Account Opening Charges Free Free
Annual Maintenance Charges (AMC) Rs.150 per Year + GST Free

Upstox vs NJ Wealth – Compare STT & CTT

STT & CTT Upstox NJ Wealth
Equity Delivery 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday 0.025% on sell 0.025% on sell
Equity Future 0.0125% on sell 0.0125% on sell
Equity Option 0.0625% on sell (on premium) 0.0625% on sell (on premium)
Commodity Future 0.01% on sell (Non-Agri) NA
Commodity Option 0.05% on sell NA
Currency Future Nil NA
Currency Option Nil NA

Compare Stamp Duty of Upstox and NJ Wealth

Stamp Duty Upstox NJ Wealth
Equity Delivery 0.015% on buy 0.015% on buy
Equity Intraday 0.003% on buy 0.003% on buy
Equity Future 0.002% on buy 0.002% on buy
Equity Option 0.003% on buy 0.003% on buy
Commodity Future 0.002% on buy NA
Commodity Option 0.003% on buy NA
Currency Future 0.0001% on buy NA
Currency Option 0.0001% on buy NA

Upstox vs NJ Wealth – Transaction Charges

Transaction Charges Upstox NJ Wealth
Equity Delivery 0.00325% (NSE) & 0.00375% (BSE) 0.00335% (NSE) & As per Stock (BSE)
Equity Intraday 0.00325% (NSE) & 0.00375% (BSE) 0.00335% (NSE) & As per Stock (BSE)
Equity Future 0.0019% (NSE & BSE) 0.002% (NSE & BSE)
Equity Option 0.05% (on premium) 0.053% (on premium)
Commodity Future 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) NA
Commodity Option 0.05% (Non Agri) NA
Currency Future 0.0009% (NSE) & 0.00022% (BSE) NA
Currency Option 0.035% (NSE) & 0.001% (BSE) NA

Compare Pledge Charges of Upstox & NJ Wealth

Pledge Charges Upstox NJ Wealth
Pledge Creation Charges Rs.50 per Request Rs.15 per Request
Pledge Invocation Charges Rs.50 per Request Rs.15 per Request
Interest on Margin Trading 0.048% per day NA

Comparison of Upstox and NJ Wealth – Hidden Charge

Hidden Charge Upstox NJ Wealth
SEBI Turnover Charges Rs.10/ Crore (All Segment) Rs.10/ Crore (All Segment)
DP Charges Rs.18.5 per Scrip only on Sell Rs.20 per Scrip on Sell
GST 18% on (Brokerage + SEBI + Transaction charges) 18% on (Brokerage + SEBI + Transaction charges)
Account Closure Charges Free Nil
Reactivation Charges Free Nil
Dematerialisation Charges Rs.20 per Certificate NA
Call & Trade Charges Rs.50 + 18% GST per Trade Rs.30 per Trade

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