TradeJini Vs 5Paisa

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TradeJini Vs 5Paisa is one of the top stockbroker comparisons traders look for.

Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc. This comparison article also provides a video comparison between TradeJini Vs 5Paisa so that you get a 360-degree view about which broker to go ahead with.

TradeJini Vs 5Paisa Comparison

Here is a point by point comparison of TradeJini Vs 5Paisa.

5Paisa is a discount broker launched by India Infoline (IIFL) in 2015 and allows a trader to trade across segments including Equity, Currency, Insurance and Mutual Funds.

TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have a client base from more than 1000 cities and towns of India across all trading segments.

Everything about discount brokers such as TradeJini or 5Paisa is internet-based, be it – customer service, trading, account opening etc.

Choosing between the two brokers depends on your preferences, your online appetite, your understanding of the stock market, your long and short term plans of investing or trading and so on.

To make things easy for you, we have listed out the comparison between TradeJini Vs 5Paisa to help you find which of the two suits your needs better. The comparison is made on aspects such as:

Company Overview
Account Opening Charges
Brokerage
Exposure or Leverages
Research
Trading Platforms
Other Features

Generally, above-mentioned aspects are good enough to make a decision based on your trading preferences but feel free to let us know what more areas you would like us to cover.

Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.

TradeJini Vs 5Paisa Compare



	Tradejini Review	5Paisa Review
OVERVIEW
Broker Type	Discount Broker	Discount Broker
Incorporated In the Year	2012	2015
Number of branches across India	1	2
Exchanges	BSE, NSE, MCX, MCX-SX	BSE, NSE, MCX-SX
ACCOUNT CHARGES
Trading Account Opening Charges	₹695 (get ₹300 off by Opening Account through Us)	₹250
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹300	₹0
Demat Account Annual Maintenance Charges	₹300	₹400
Transaction Charges	Tradejini Transaction Charges	5Paisa Transaction Charges
BROKERAGE
Equity Delivery	₹20 per executed order or 0.10% of Turnover whichever is lower	₹10 per executed order
Intraday Delivery	₹20 per executed order or 0.01% of Turnover whichever is lower	₹10 per executed order
Equity Futures	₹20 per executed order or 0.01% of Turnover whichever is lower	₹10 per executed order
Equity Options	₹20 per executed order	₹10 per executed order
Currency Futures	₹20 per executed order or 0.01% of Turnover whichever is lower	₹10 per executed order
Currency Options	₹20 per executed order	₹10 per executed order
Commodity	₹20 per executed order or 0.01% of Turnover whichever is lower	NA
Calculate Brokerage	Tradejini Brokerage Calculator	5Paisa Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 20 Times for Intraday, & No leverage for Delivery	Upto 15 times for Intraday & Upto 4 times for Delivery
Equity Futures	Normally 2.5 times with stop loss upto 5 times	Upto 2 times for Intraday
Equity Options	Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times	Upto 2 times for Intraday
Currency Futures	NA	Upto 2 times for Intraday
Currency Options	NA	Upto 2 times for Intraday
Commodities	Upto 3 times for Intraday	NA
Margin		5Paisa Margin
RESEARCH
Daily Market Reports
Tips/Recommendations
Quarterly Analysis
News Alerts
TRADING SEGMENTS
Equity
Mutual Funds
IPOs
Currency
Commodity
CUSTOMER SERVICE OPTIONS
Email Support
Live Chat
Phone
Toll Free Number
Offline Branches
Customer Care		5Paisa Customer Care
FEATURES
Mobile Trading
Orders Accepted After Trading Hours
Charting
SMS Alerts
Robo Advisory
Automated Trading
Market Tips
Margin Funding
Relationship Managers
3 in 1 Account
Trading Platform(s)	NEST, NSE Now, NSE Mobile Trading App	5Paisa Trade Station, 5Paisa Trader Terminal, 5Paisa Mobile App
Complaint Percentage of Active Clients	0.09%	0.06%
OVERALL RATING
	Get a Callback	Get a Callback

*NSE Complaints Percentage: Lower is this number, Better is the broker.

Before we complete this comparison, we think one quick understanding of brokerage charges is important.

Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.

Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.

Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.

Also, check out some of the other stockbroker comparisons you might be interested in.

Have you in the past or are currently trading with any of the above-mentioned stockbrokers? If yes, would you like to share your experience(s) with TradeJini Vs 5Paisa for the benefits of other readers? Please feel free to share your experiences in the comments below.

Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.