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Interactive Brokers Vs TradeJini – Indian Share Brokers Comparison
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Interactive Brokers Vs TradeJini
Here is a point by point comparison of Interactive Brokers Vs TradeJini. TradeJini, based out of Bengaluru, is a discount broker launched in 2012 by Kishore Kumar J and Dinesh Kumar M. They claim to have clients from more than 1000 cities and towns of India across all trading segments. Interactive Brokers is actually a US based stock broking company and has a discount broking arm based out of Mumbai as well. With 1100+ employees globally, the broker has presence in 100+ countries and was introduced in India in 2009. However, this discount broker offers limited range of trading and investment products.
Everything about discount brokers such as Interactive Brokers or Tradejini is Online, be it – customer service, trading, account opening etc. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Interactive Brokers Vs TradeJini 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 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 stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| Interactive Brokers Review | Tradejini Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Discount Broker |
| Incorporated In the Year | 1977 | 2012 |
| Number of branches across India | 1 | 1 |
| Exchanges | NSE, BSE | BSE, NSE, MCX and MCX SX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹695 (get ₹300 off by Opening Account through Us) |
| Trading Account Annual Maintenance Charges | ₹0 (Monthly ₹200 brokerage must be generated otherwise the differential amount will be levied) | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹300 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹300 |
| Transaction Charges | Interactive Brokers Transaction Charges | Tradejini Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹6 to ₹20 per executed trade | ₹20 per executed order or 0.10% of Turnover whichever is lower |
| Intraday Delivery | ₹6 to ₹20 per executed trade | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Equity Futures | ₹6 to ₹20 per executed trade | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Equity Options | ₹6 to ₹20 per executed trade | ₹20 per executed order |
| Currency Futures | ₹6 to ₹20 per executed trade | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Currency Options | ₹6 to ₹20 per executed trade | ₹20 per executed order |
| Commodity | NA | ₹20 per executed order or 0.01% of Turnover whichever is lower |
| Brokerage Calculator | Tradejini Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | 4 times for intraday, 2 times for delivery | Upto 20 Times for Intraday, & No leverage for Delivery |
| Equity Futures | Upto 3 times Intraday | Normally 2.5 times with stop loss upto 5 times |
| Equity Options | Buying No Leverage, Shorting Upto 3 times | Buy side – 100% margin ; Sell side – Margin like Futures required. Exposure normal 2.5 times |
| Currency Futures | Upto 2 times Intraday | NA |
| Currency Options | Buying No Leverage, Shorting Upto 2 times | NA |
| Commodities | NA | Upto 3 times for Intraday |
| 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 | | |
| 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) | IB Trader Workstation, IB TWS, IB WebTrader | NEST, NSE Now, NSE Mobile Trading App |
| Total BSE+NSE Complaints | 0.04% | 9 |
| OVERALL RATING |  | |
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Interactive Brokers Vs TradeJini for the benefits of other readers. Please feel free to share in the comments below.
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Date
Broker Name
Interactive Brokers Vs TradeJini
Overall Rating
