The comparison between NJ Wealth, Mirae Asset Sharekhan, and Dhan highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Nj Wealth is known for its user-friendly trading experience and reliability, while Mirae Asset Sharekhan stands out for offering competitive brokerage rates and an advanced mobile trading platform. Dhan provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 72000, 31 lakh, and 982,814 users respectively, reflecting their popularity among investors. Overall, this comparison of NJ Wealth, Mirae Asset Sharekhan, and Dhan helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.
Services / Features
The services/features comparison between NJ Wealth, Mirae Asset Sharekhan, and Dhan reveals significant differences in their offerings. NJ Wealth provides 4 for Overall Rating, while Mirae Asset Sharekhan offers 4 and Dhan features 4.4.
| Services / Features | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| Overall Rating | ★★★★★ | ★★★★★ | ★★★★★ |
| Brokerage Charges | ★★★★★ | ★★★★★ | ★★★★★ |
| Trading Platform | ★★★★★ | ★★★★★ | ★★★★★ |
| Investments Offering | ★★★★★ | ★★★★★ | ★★★★★ |
| Customer Service | ★★★★★ | ★★★★★ | ★★★★★ |
| Broker Type | Full Service Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | NSE, BSE | NSE, BSE, MCX | NSE, BSE, MCX |
| Active Clients | 72000 | 31 lakh | 982,814 |
| Broker Overview | NJ Wealth Review | Mirae Asset Sharekhan Review | Dhan Review |
Account Opening Charges and AMC
The account opening charges and AMC comparison between NJ Wealth, Mirae Asset Sharekhan, and Dhan reveal significant differences in their offerings. NJ Wealth provides N/A trading and demat account opening, while Mirae Asset Sharekhan offers N/A and Dhan features Free.
| Account Opening Charges and AMC | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| Trading Account Opening | — | — | Free |
| Trading AMC | ₹300 per year | — | Zero |
| Demat Account Opening | — | — | Free |
| Demat AMC | ₹300 | ₹ 400 | Zero |
| Provide DP Service | Yes | Yes | Yes |
Brokerage Plans
The brokerage plans comparison between NJ Wealth, Mirae Asset Sharekhan, and Dhan reveals significant differences in their offerings. NJ Wealth provides No plans, while Mirae Asset Sharekhan offers - and Dhan features No.
| Brokerage Plans | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| Multiple Plans | No | - | No |
| Monthly Plans | No | - | No |
| Yearly Plans | No | - | No |
Brokerage Charges
This comparison between NJ Wealth, Mirae Asset Sharekhan, and Dhan reveals significant differences in their brokerage charges. 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. 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. Dhan charges Zero brokerage on equity delivery and intraday, ₹20 or 0.03% per executed order for futures, and ₹20 per executed order for options.
| Brokerage Charges | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| Plan Name | - | - | |
| Equity Delivery | 0.10 of Transaction Value | 0.30% on trade price or minimum 1 paisa per share | Zero |
| Equity Intraday | 0.01 of Transaction Value | 0.02% on trade price or minimum 1 paisa per share | ₹20 or 0.03% per executed order |
| Equity Futures | 0.01 of Transaction Value | 0.02% per transaction value (each side) | ₹20 or 0.03% per executed order |
| Equity Options | Rs.10 per Lot | ₹39 per lot (each side) | ₹20 per executed order |
| Currency Futures | 0.02% per transaction value (each side) | NA | |
| Currency Options | ₹5 per lot (each side) | NA | |
| Commodity Futures | 0.10% (one side) | ||
| Commodity Options | 1% on premium or ₹150, whichever is higher | ||
| Hidden Charges | No | No | Zero |
| Call & Trade Charges | ₹30 per trade | NA | ₹50 + GST |
| Auto Square Off Charges | ₹30 per trade | ₹50 per order | ₹20 + GST |
| Brokerage Calculator | Dhan Brokerage Calculator |
Transactions Charges
This comparison between NJ Wealth, Mirae Asset Sharekhan, and Dhan reveals significant differences in their transactions. NJ Wealth provides 0.00335% (NSE) & As per Stock (BSE) for Transaction Charges Equity Delivery, while Mirae Asset Sharekhan offers NSE: 0.00297% | 0.00375% and Dhan features BSE: 0.00375% NSE: 0.00297%.
| Transactions Charges | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| Equity Delivery | 0.00335% (NSE) & As per Stock (BSE) | NSE: 0.00297% | 0.00375% | BSE: 0.00375% NSE: 0.00297% |
| Equity Intraday | 0.00335% (NSE) & As per Stock (BSE) | NSE: 0.00297% | 0.00375% | BSE: 0.00375% NSE: 0.00297% |
| Equity Futures | 0.002% (NSE & BSE) | NSE: 0.00173% | NSE: 0.00173% BSE: 0 (Zero) |
| Equity Options | 0.053% (on premium) | NSE: 0.03503% on Premium | NSE: 0.03503% (on premium) BSE (Index): 0.0325% (on premium) |
| Currency Futures | — | NSE: 0.00035% | NA |
| Currency Options | — | NSE: 0.0311% | NA |
| Commodity | — | 0.0418% | NSE: 0.0001% MCX: 0.0021% |
Account Features
These are the notable distinctions in the account features of NJ Wealth, Mirae Asset Sharekhan, and Dhan when compared.
| Account Features | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| 3-in-1 Account | No | No | No |
| 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 | No | Yes | No |
Trading Platforms
The trading platforms comparison between NJ Wealth, Mirae Asset Sharekhan, and Dhan reveals significant differences in their offerings. NJ Wealth, Mirae Asset Sharekhan and Dhan provide web trading platforms and mobile trading platforms.
| Trading Platforms | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | NJ Wealth | Dhan | |
| 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 | Zero |
Broker Ratings
The broker ratings comparison between NJ Wealth, Mirae Asset Sharekhan, and Dhan reveals significant differences in their offerings. NJ Wealth provides 4 for Fees Ratings, while Mirae Asset Sharekhan offers 4.3 and Dhan features 4.5.
| Broker Ratings | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| Fees Ratings | 4 | 4.3 | 4.5 |
| Trading Brokerage Rating | 4 | 4.3 | 4.6 |
| Trading Platform Usability | 4 | 4,3 | 4.4 |
| Customer Service Ratings | 4 | 4.2 | 4.3 |
| Overall Ratings | 4 | 4.3 | 4.4 |
Investment Offerings
This comparison between NJ Wealth, Mirae Asset Sharekhan, and Dhan reveals significant differences in their investment offerings. NJ Wealth provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Mirae Asset Sharekhan provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Dhan provides investment offerings in Yes, mutual funds and does not offer trades in currency and commodities.
| Investment Offerings | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | No |
| 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 | No |
| Insurance | No | No | No |
| Forex | Yes | Yes | No |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | Yes |
| PMS Service | Yes | Yes | No |
| Other Investment Options | Yes | Yes | Yes |
Customer Support Offered
This comparison between NJ Wealth, Mirae Asset Sharekhan, and Dhan reveals significant differences in their customer support offerings. NJ Wealth provides Yes Customer Service, while Mirae Asset Sharekhan offers Yes and Dhan features Yes.
| Customer Support Offered | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| 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 | 0261-6155000 | 02241683500 | (+91) 9987761000 |
| Account Opening Process | Online | Online/Paperless | Online/Paperless |
| Customer Support Email | — | [email protected] | [email protected] |
| Knowledge Center / Education | — | https://www.sharekhan.com/learn-and-grow | https://dhan.co/blog/ |
| Head Office Address | BLOCK NO.901 & 902, 6TH FLOOR, ‘B’ TOWER, UDHNA UDYOG NAGAR SANGH COMMERCIAL COMPLEX, | Sharekhan Limited, 1st Floor, Tower No. 3, Equinox Business Park, LBS Marg, Off BKC, Kurla (West), Mumbai 400 070, Maharashtra, India. | Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road, Beside Patel Petrol Pump, Piramal Nagar, Goregaon West, Mumbai – 400104 |
| Website | https://www.njwealth.in/ | https://www.sharekhan.com/ | https://dhan.co/ |
Research and Reports
The research and reports comparison between NJ Wealth, Mirae Asset Sharekhan, and Dhan reveals significant differences in their offerings.
| Research and Reports | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| 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 NJ Wealth, Mirae Asset Sharekhan, and Dhan reveals significant differences in their demat account charges. NJ Wealth provides CDSL & NSDL for DP Source, while Mirae Asset Sharekhan offers NSDL & CDSL and Dhan features CDSL.
| Demat Account Charges | NJ Wealth | Mirae Asset Sharekhan | Dhan |
|---|---|---|---|
| DP Source | CDSL & NSDL | NSDL & CDSL | CDSL |
| DP ID | CDSL - 64200 | NSDL - IN304262 | NSDL - 300513 | CDSL - 12036000 | 289-2016 |
| Demat Account Annual Maintenance Charges (AMC) | ₹300 | ₹ 400 | Zero |
| Advance Deposit | No | No | Zero |
| Transaction Charges on Debit (Per ISIN) | — | — | — |
| Demat | ₹20/-per certificate + ₹50/-for courier charges | ₹ 5 per share certificate (minimum ₹ 50 per request) | ₹12.50 per instruction + GST |
| Remat | ₹150/- per certificate + courier handling | ₹ 50 per certificate or ₹ 50 for every hundred securities | ₹12.50 per instruction + GST |
| Pledge Creation | ₹40/- per ISIN | ₹ 20 per transaction | ₹15 per instruction + GST |
| Pledge Creation Confirmation | ₹40/- per ISIN | NA | Yes |
| Pledge Closure | ₹40/- per ISIN | ₹ 20 per transaction | ₹15 per instruction + GST |
| Pledge Closure Confirmation | ₹40/- per ISIN | NA | Yes |
| Pledge Invocation | ₹40/- per ISIN | ₹ 20 per transaction | ₹15 per instruction + GST |
| Failed Instruction Charges | ₹350 for a cheque bounce | — | ₹100 + GST |
| Other Charges | — | — | Zero |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| NJ Wealth |
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| Mirae Asset Sharekhan |
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| Dhan |
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Frequently Asked Questions
The account opening charges vary significantly: NJ Wealth charges Not specified, Mirae Asset Sharekhan charges Not specified, and Dhan charges Free. 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: NJ Wealth offers 0.01 of Transaction Value for equity intraday, Mirae Asset Sharekhan provides 0.02% on trade price or minimum 1 paisa per share, and Dhan charges ₹20 or 0.03% per executed order. 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: NJ Wealth offers 4, Mirae Asset Sharekhan provides 4, and Dhan features 4.6. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.
Customer support quality varies: NJ Wealth has 4 support, Mirae Asset Sharekhan offers 4, and Dhan provides 4.3. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.
Platform usability ratings show: NJ Wealth with 4, Mirae Asset Sharekhan with 4,3, and Dhan with 4.4. 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: NJ Wealth (Yes), Mirae Asset Sharekhan (Yes), and Dhan (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: NJ Wealth offers user-friendly platforms with educational resources, Mirae Asset Sharekhan provides competitive pricing with intuitive interfaces, and Dhan 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: NJ Wealth focuses on intuitive design and quick execution, Mirae Asset Sharekhan emphasizes advanced charting and analysis tools, while Dhan balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.
Stock Broker Review
NJ Wealth
