The comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Mirae Asset Sharekhan is known for its user-friendly trading experience and reliability, while Nj Wealth stands out for offering competitive brokerage rates and an advanced mobile trading platform. Hdfc Securities provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 31 lakh, 72000, and 15 Lakhs users respectively, reflecting their popularity among investors. Overall, this comparison of Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.
Services / Features
The services/features comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4 for Overall Rating, while NJ Wealth offers 4 and HDFC Securities features 4.
| Services / Features | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| Overall Rating | ★★★★★ | ★★★★★ | ★★★★★ |
| Brokerage Charges | ★★★★★ | ★★★★★ | ★★★★★ |
| Trading Platform | ★★★★★ | ★★★★★ | ★★★★★ |
| Investments Offering | ★★★★★ | ★★★★★ | ★★★★★ |
| Customer Service | ★★★★★ | ★★★★★ | ★★★★★ |
| Broker Type | Full Service Broker | Full Service Broker | Full Service Broker |
| Exchanges Supported | NSE, BSE, MCX | NSE, BSE | NSE, BSE, MCX |
| Active Clients | 31 lakh | 72000 | 15 Lakhs |
| Broker Overview | Mirae Asset Sharekhan Review | NJ Wealth Review | HDFC Securities Review |
Account Opening Charges and AMC
The account opening charges and AMC comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities reveal significant differences in their offerings. Mirae Asset Sharekhan provides N/A trading and demat account opening, while NJ Wealth offers N/A and HDFC Securities features Rs 999.
| Account Opening Charges and AMC | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| Trading Account Opening | — | — | Rs 999 |
| Trading AMC | — | ₹300 per year | — |
| Demat Account Opening | — | — | Rs 999 |
| Demat AMC | ₹ 400 | ₹300 | Rs 750 |
| Provide DP Service | Yes | Yes | Yes |
Brokerage Plans
The brokerage plans comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities reveals significant differences in their offerings. Mirae Asset Sharekhan provides - plans, while NJ Wealth offers No and HDFC Securities features -.
| Brokerage Plans | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| Multiple Plans | - | No | - |
| Monthly Plans | - | No | - |
| Yearly Plans | - | No | - |
Brokerage Charges
This comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities reveals significant differences in their brokerage charges. Mirae Asset Sharekhan charges 0.30% on trade price or minimum 1 paisa per share brokerage on equity delivery and intraday, 0.02% per transaction value (each side) for futures, and ₹39 per lot (each side) for options. NJ Wealth charges 0.10 of Transaction Value brokerage on equity delivery and intraday, 0.01 of Transaction Value for futures, and Rs.10 per Lot for options. HDFC Securities charges N/A brokerage on equity delivery and intraday, N/A for futures, and N/A for options.
| Brokerage Charges | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| Plan Name | - | - | - |
| Equity Delivery | 0.30% on trade price or minimum 1 paisa per share | 0.10 of Transaction Value | |
| Equity Intraday | 0.02% on trade price or minimum 1 paisa per share | 0.01 of Transaction Value | |
| Equity Futures | 0.02% per transaction value (each side) | 0.01 of Transaction Value | |
| Equity Options | ₹39 per lot (each side) | Rs.10 per Lot | |
| Currency Futures | 0.02% per transaction value (each side) | ||
| Currency Options | ₹5 per lot (each side) | ||
| Commodity Futures | 0.10% (one side) | ||
| Commodity Options | 1% on premium or ₹150, whichever is higher | ||
| Hidden Charges | No | No | No |
| Call & Trade Charges | NA | ₹30 per trade | 0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell) |
| Auto Square Off Charges | ₹50 per order | ₹30 per trade | 0.025% or min Rs 25 or ceiling of 2.5% of transaction value (Both Buy & Sell) |
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Transactions Charges
This comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities reveals significant differences in their transactions. Mirae Asset Sharekhan provides NSE: 0.00297% | 0.00375% for Transaction Charges Equity Delivery, while NJ Wealth offers 0.00335% (NSE) & As per Stock (BSE) and HDFC Securities features NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side).
| Transactions Charges | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| Equity Delivery | NSE: 0.00297% | 0.00375% | 0.00335% (NSE) & As per Stock (BSE) | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Intraday | NSE: 0.00297% | 0.00375% | 0.00335% (NSE) & As per Stock (BSE) | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Futures | NSE: 0.00173% | 0.002% (NSE & BSE) | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 |
| Equity Options | NSE: 0.03503% on Premium | 0.053% (on premium) | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) |
| Currency Futures | NSE: 0.00035% | — | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) |
| Currency Options | NSE: 0.0311% | — | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) |
| Commodity | 0.0418% | — | — |
Account Features
These are the notable distinctions in the account features of Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities when compared.
| Account Features | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| 3-in-1 Account | No | No | Yes |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | Yes | Yes |
| SMS Alerts | Yes | Yes | Yes |
| Online Demo | Yes | Yes | Yes |
| Online Portfolio | Yes | Yes | Yes |
| Margin Trading Funding Available | Yes | Yes | Yes |
| Combined Ledger for Equity and Commodity | Yes | Yes | Yes |
| Intraday Square-off Time | 3:20 PM | 3:20 PM | 3:20 PM |
| NRI Trading | Yes | No | Yes |
Trading Platforms
The trading platforms comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities reveals significant differences in their offerings. Mirae Asset Sharekhan, NJ Wealth and HDFC Securities provide web trading platforms and mobile trading platforms.
| Trading Platforms | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | NJ Wealth | HDFC Securities | |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Yes | Yes | Yes |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | Yes | Yes | Yes |
| iPhone Mobile App (iOS) | Yes | Yes | Yes |
| iOS App Download | Download | Download | |
| Android Tablet App | Yes | Yes | Yes |
| iPad App (iOS) | Yes | Yes | Yes |
| Trading Software Charges | Nil | Nil | Nil |
Broker Ratings
The broker ratings comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities reveals significant differences in their offerings. Mirae Asset Sharekhan provides 4.3 for Fees Ratings, while NJ Wealth offers 4 and HDFC Securities features 4.3.
| Broker Ratings | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| Fees Ratings | 4.3 | 4 | 4.3 |
| Trading Brokerage Rating | 4.3 | 4 | 3.9 |
| Trading Platform Usability | 4,3 | 4 | 4.0 |
| Customer Service Ratings | 4.2 | 4 | 4.3 |
| Overall Ratings | 4.3 | 4 | 4.2 |
Investment Offerings
This comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities reveals significant differences in their investment offerings. Mirae Asset Sharekhan provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while NJ Wealth provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and HDFC Securities provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.
| Investment Offerings | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | Yes |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bond / NCD | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes |
| Banking | No | No | Yes |
| Insurance | No | No | Yes |
| Forex | Yes | Yes | Yes |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | Yes |
| PMS Service | Yes | Yes | Yes |
| Other Investment Options | Yes | Yes | Yes |
Customer Support Offered
This comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities reveals significant differences in their customer support offerings. Mirae Asset Sharekhan provides Yes Customer Service, while NJ Wealth offers Yes and HDFC Securities features Yes.
| Customer Support Offered | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| 24/7 Customer Service | Yes | Yes | Yes |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | Yes | Yes | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | — | No | Yes |
| Through Branches | Yes | Yes | Yes |
| Customer Care Number | 02241683500 | 0261-6155000 | 022-6246 5555 |
| Account Opening Process | Online/Paperless | Online | Online/Offline |
| Customer Support Email | [email protected] | — | [email protected] |
| Knowledge Center / Education | https://www.sharekhan.com/learn-and-grow | — | — |
| Head Office Address | Sharekhan Limited, 1st Floor, Tower No. 3, Equinox Business Park, LBS Marg, Off BKC, Kurla (West), Mumbai 400 070, Maharashtra, India. | BLOCK NO.901 & 902, 6TH FLOOR, ‘B’ TOWER, UDHNA UDYOG NAGAR SANGH COMMERCIAL COMPLEX, | HDFC Securities Limited, |
| Website | https://www.sharekhan.com/ | https://www.njwealth.in/ | https://www.hdfcsec.com/ |
Research and Reports
The research and reports comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities reveals significant differences in their offerings.
| Research and Reports | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| Research Mutual Funds | Yes | Yes | Yes |
| Research Equity Reports | Yes | Yes | Yes |
| Research ETF | Yes | Yes | Yes |
| Daily Market Report | Yes | Yes | Yes |
| Free Tips | No | No | No |
| Quarterly Result Analysis | Yes | Yes | Yes |
| News Alerts | Yes | Yes | Yes |
Demat Account Charges
This comparison between Mirae Asset Sharekhan, NJ Wealth, and HDFC Securities reveals significant differences in their demat account charges. Mirae Asset Sharekhan provides NSDL & CDSL for DP Source, while NJ Wealth offers CDSL & NSDL and HDFC Securities features CDSL & NSDL.
| Demat Account Charges | Mirae Asset Sharekhan | NJ Wealth | HDFC Securities |
|---|---|---|---|
| DP Source | NSDL & CDSL | CDSL & NSDL | CDSL & NSDL |
| DP ID | NSDL - 300513 | CDSL - 12036000 | CDSL - 64200 | NSDL - IN304262 | CDSL DP ID: 12086700 | NSDL DP ID: IN304279 |
| Demat Account Annual Maintenance Charges (AMC) | ₹ 400 | ₹300 | Rs 750 |
| Advance Deposit | No | No | No |
| Transaction Charges on Debit (Per ISIN) | — | — | — |
| Demat | ₹ 5 per share certificate (minimum ₹ 50 per request) | ₹20/-per certificate + ₹50/-for courier charges | Rs 5 per certificate + Rs 35 per Dematerialisation request submitted |
| Remat | ₹ 50 per certificate or ₹ 50 for every hundred securities | ₹150/- per certificate + courier handling | Rs 30 per request + CDSL actuals |
| Pledge Creation | ₹ 20 per transaction | ₹40/- per ISIN | Nil |
| Pledge Creation Confirmation | NA | ₹40/- per ISIN | — |
| Pledge Closure | ₹ 20 per transaction | ₹40/- per ISIN | — |
| Pledge Closure Confirmation | NA | ₹40/- per ISIN | — |
| Pledge Invocation | ₹ 20 per transaction | ₹40/- per ISIN | — |
| Failed Instruction Charges | — | ₹350 for a cheque bounce | Nil |
| Other Charges | — | — | — |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Mirae Asset Sharekhan |
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| NJ Wealth |
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| HDFC Securities |
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Frequently Asked Questions
The account opening charges vary significantly: Mirae Asset Sharekhan charges Not specified, NJ Wealth charges Not specified, and HDFC Securities charges Rs 999. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.
Brokerage charges differ across platforms: Mirae Asset Sharekhan offers 0.02% on trade price or minimum 1 paisa per share for equity intraday, NJ Wealth provides 0.01 of Transaction Value, and HDFC Securities charges Not specified. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.
All three brokers provide diverse investment opportunities: Mirae Asset Sharekhan offers 4, NJ Wealth provides 4, and HDFC Securities features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.
Customer support quality varies: Mirae Asset Sharekhan has 4 support, NJ Wealth offers 4, and HDFC Securities provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.
Platform usability ratings show: Mirae Asset Sharekhan with 4,3, NJ Wealth with 4, and HDFC Securities with 4.0. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.
Yes, mutual fund and stock investing is available across all platforms: Mirae Asset Sharekhan (Yes), NJ Wealth (Yes), and HDFC Securities (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.
For beginners, the choice depends on specific needs: Mirae Asset Sharekhan offers user-friendly platforms with educational resources, NJ Wealth provides competitive pricing with intuitive interfaces, and HDFC Securities combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.
All three brokers offer robust mobile trading apps with different strengths: Mirae Asset Sharekhan focuses on intuitive design and quick execution, NJ Wealth emphasizes advanced charting and analysis tools, while HDFC Securities balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.
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