Tradejini Review: Online Stock (Discount) Broker in India
Smart2Investor last edited by Smart2Investor
Tradejini is discount Broking Company engaged in financial services. The corporation is a Bengaluru based which was incorporated in 2012.
The company provides services for trading in:
- Equity Delivery
- Equity Intraday
- Stock Futures
- Stock option
- Currency Futures
- Currency options
- Commodity futures
- Exchange Traded funds
- Debt instruments traded on exchanges.
Tradejini offers services for Investments in Mutual funds and holding dematerialized financial instruments.
Moreover, Tradejini has memberships of NSE, BSE, MCX, MSEI. It is also a Depository Participant with CDSL.
Trading through TRADEJINI
There are 2 options available with the users to trade with Tradejini:
1. NEST Trader
Simply stating, NEST Trader is a default trading terminal developed by Omnesys Technologies Pvt. Ltd. This allows fast execution of orders alongwith real-time monitoring. You can trade through all segments and exchanges on a single platform.
NEST Trader allows its investors to place orders, modify or cancel them anytime. Also one can view order book, Trade Book, Position Book, Limits, Quotes, Market Picture (MBP).
2. NSE Now
NSE NOW is a quick, convenient way of trading. The platform was launched by the National Stock Exchange of India and is available on Mobiles and tablets. NSE Now is a user-friendly web portal that allows you to trade hassle-free via a secure site.
Tradejini customers can trade and utilize the platform for executing trading at a high speed with no downtime. The below services can be enjoyed through the platform:
- Day-wise and net-wise reports.
- Useful Information is available via mobile or web.
- Advanced graphs and charts analytics to help you take decision accordingly.
Below are the types of services which are provided by TradeJini:
Tradejini provides the trading facility in terms of Mutual Funds, Equity Shares, Debt Instruments, derivative, etc across all segments which come under Indian Stock Exchange. It can be done in Intraday Square up trades or Delivery option.
2. Demat Account:
The Corporation provides an in-house CDSL depository services to secure securities in electronic form. The Demat services of this cover Mutual Funds, Gold Bonds, Shares, Bonds and Debentures, Infrastructure Bonds, Preference Shares, and ETF’s.
3. NRI Services:
There is structured assistance for NRI’s who wish to invest in derivatives and stocks for opening the necessary accounts in the respective segments. However, they are not allowed to trade-in currencies and commodities.
Tradejini Brokerage & Pricing
The unique feature of this corporation is that they charge low brokerage for all trading transactions. The brokerage charges range from 0.01% or ₹20 per executed order, irrespective of the transaction value.
The brokerage costs are as below:
- Futures ( Equity/Currency/Commodity): ₹20 per executed order or 0.01% of Turnover whichever is lower.
- Options (Equity / Currency): ₹20 per executed order.
- Equity (Delivery): ₹20 per executed order or 0.1% of Turnover whichever is lower.
- Equity (Intra-Day): ₹20 per executed order or 0.01% of Turnover whichever is lower.
There are no hidden charges available on the same.
With the unique facility like in-house Demat account facility and fund transfer facility with 25 major banks via instant payment method gateway. All-in-all company provides a smooth and secure single trading platform for all the transactions with lower cost model.
What are your views on Tradejini, a popular discount broker in India? Do share your feedback.