TradeJini Brokerage Charges are one of the cheapest ones in the industry for the simple reason that Tradejini is a discount broker.
In fact, Tradejini is one of the discount stockbrokers in India with low brokerage charges offered to its clients across the segments it has services in.
Along with the TradeJini Brokerage charges, find detailed information on:
Account opening charges
Annual maintenance charges
Brokerage plans & corresponding charges
Transaction Charges
TradeJini Brokerage:
If you see closely, the brokerage charges levied by Tradejini closely resemble the Zerodha Brokerage charges, apart from the exception that the latter does not charge brokerage for the delivery segment.
In this case, you are going to pay a maximum brokerage charge of INR 20 per executed order even if your trade turnover is reasonably high.
Here are the brokerage charges details:
Equity Delivery
₹20 per executed order or 0.10% of Turnover whichever is lower
Equity Intraday
₹20 per executed order or 0.01% of Turnover whichever is lower
Equity Futures
₹20 per executed order or 0.01% of Turnover whichever is lower
Equity Options
₹20 per executed order
Currency Futures
₹20 per executed order or 0.01% of Turnover whichever is lower
Currency Options
₹20 per executed order
Commodity
₹20 per executed order or 0.01% of Turnover whichever is lower
This discount broker is pretty heavy when it comes to the account-related charges. Be it the demat or the trading account, the client is supposed to pay hefty amounts to get things going with this broker.
Thus, it may work as a turn-off for a lot of potential clients who have other options of cheaper or even free account opening brokers.
Here are the account opening charges levied by TradeJini: