NJ Wealth FAQs – General Frequently Asked Questions

Q1. What type of stock brokerage firm is NJ Wealth is?

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Ans. NJ Wealth is a Full service based brokerage firm.

Q2. When NJ Wealth brokerage firm started its services?

Ans. NJ Wealth started offering its services in the year 2003.

Q3. In which state of India NJ Wealth stated its first service?

Ans. The NJ Wealth broker started its first service in the state of Gujarat.

Q4. Who is the Founder of the NJ Wealth?

Ans. Mr. Neeraj Choksi and Jignesh Desai are the founders of the NJ Wealth.

Q5. Does NJ Wealth Offer offline branches for customer support?

Ans. Yes, NJ Wealth offers offline branches for customer support.

Q6. Mention the active investor count of NJ Wealth?

Ans. As per the FY 2019 to 2020 NJ Wealth holds 15,350 active clients.

Q7. Does NJ Wealth hold its Depository participant services?

Ans. Yes, NJ Wealth holds its own DP services with CDSL.

Q8. Does Equity Trading is allowed with NJ Wealth?

Ans. Yes, Equity Trading is allowed with NJ Wealth.

Q9. Is there any future trading option NJ Wealth offers to its users?

Ans. Yes, NJ Wealth offers Future Trading to its clients.

Q10. Do ETFs is allowed with NJ Wealth?

Ans. Yes, ETFs are allowed with NJ Wealth.

Q11. Does Mutual funds investment feature is available with NJ Wealth?

Ans. Yes, NJ Wealth offers Mutual Fund investment services to its clients.

Q12. Being a client it is allowed to invest in Government Bonds with the NJ Wealth trading platform?

Ans. Yes, investment in Government Bonds is allowed with NJ Wealth financial firm.

Q13. PMS with NJ Wealth is allowed or not?

Ans. Yes, you are allowed to do PMS with the help of the broker.

Q14. Mention the name of the official Web Based trading platform of NJ Wealth?

Ans. NJ Client Desk is the official Web-based trading platform.

Q15. Is there any other trading platform offered by NJ Wealth?

Ans. No, NJ Wealth brokerage firm doesn’t offer another trading platform

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Q16. Does the NJ Client Desk is an in-house developed trading platform?

Ans. Yes, NJ Client Desk is the in-house developed trading platform of NJ Wealth.

Q17. What is the mobile trading application of NJ Wealth?

Ans. NJ Wealth offers its clients with NJ E-Wealth App for mobile-based trading.

Q18. What is the opening charge of NJ Wealth for the account of Trading?

Ans. Rs. 300 is charged by the broker for the opening of both Trading Account and DEMAT Account

Q19. What is the opening charge of NJ Wealth for the account of DEMAT?

Ans. Rs. 300 is charged by the broker for the opening of both Trading Account and DEMAT Account.

Q20. What is the AMC NJ Wealth charge for a trading account?

Ans.  Rs. 250 per annum is the charge NJ Wealth imposes on its clients for Trading account AMC

Q21. What is the AMC NJ Wealth charge for the DEMAT account?

Ans. The AMC for DEMAT Account is free of cost.

Q22. Does NJ Wealth allow its clients to invest in Bonds?

Ans. Yes, Investing in Bonds is allowed with NJ Wealth.

Q23. What is the brokerage charge NJ Wealth charge for Equity Delivery?

Ans. It is around 0.1 to 0.2 percent levied by the financial firm.

Q24. What is the brokerage charge NJ Wealth charge for Equity Options?

Ans. It is for Rs. 10/Lot or Rs. 20 per order levied by the financial firm.

Q25. What is the brokerage charge NJ Wealth charge for Equity Intraday?

Ans. It is around 0.01 to 0.02 percent levied by the financial firm as per the selected plan of brokerage.

Q26. What is the brokerage charge NJ Wealth charge for Equity Futures?

Ans. It is around 0.01 to 0.02 percent levied by the financial firm as per the selected plan of brokerage.

Q27. What is the brokerage charge NJ Wealth charge for Currency options?

Ans. It is for Rs. 10/Lot or Rs. 20 per order levied by the financial firm.

Q28. What is the brokerage charge NJ Wealth charge for Currency Futures?

Ans. It is around 0.01 to 0.02 percent levied by the financial firm as per the selected plan of brokerage.

Q29. Does NJ Wealth offer Research reports to its clients?

Ans. Yes, the broker offers trade Research Reports to its clients.

Q30. Does NJ Wealth Allow its users to invest in Mutual Funds?

Ans. Yes, Mutual Fund Investment is allowed by NJ Wealth.

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Q31. How much NJ Wealth charges for the transaction?

Ans. The company charges 0.00325% for Equity Intraday Transaction.

Q32. How much NJ Wealth charge for STT?

Ans. The firm charges 0.0126% for STT.

Q33. How much margin does NJ Wealth avail for Equity Futures to its clients?

Ans. NJ Wealth offers up to 4 times exposure to its customers.

Q34. How much margin does NJ Wealth avail for Equity Delivery to its clients?

Ans. NJ Wealth offers up to 2 times exposure to its customers.

Q35. How much margin does NJ Wealth avail for Equity Intraday to its clients?

Ans. NJ Wealth offers up to 7 times exposure to its customers.

Q36. How much margin does NJ Wealth avail for Equity Options to its clients?

Ans. NJ Wealth offers up to 5 times exposure to its customers.

Q37. Does NJ Wealth allow it, users, to invest in SIPs?

Ans. Yes, Investment on SIP is allowed with NJ Wealth.

Q38. Does NJ Wealth offer P&L Reports to its clients?

Ans. Yes, NJ Wealth Offers P&L Reports to its clients.

Q39. Does NJ Wealth offer Fundamental Reports to its clients?

Ans. Yes, NJ Wealth offers Fundamental Reports to its clients.

Q40. Does NJ Wealth offer Technical Research Reports to its clients?

Ans. Yes, NJ Wealth offers Technical Research Reports to its clients.

Q41. Does NJ Wealth offer Annual Research Reports to its clients?

Ans. Yes, NJ Wealth offers Annual Research Reports to its clients.

Q42. Does NJ Wealth offer Company Based Reports to its clients?

Ans.  Yes, NJ Wealth offers Company Based Reports to its clients.

Q43. Does NJ Wealth offer Real-time Stock Reports to its clients?

Ans. Yes, NJ Wealth Offers Real-Time Stock Reports to its Clients.

Q44. Being a client will we get daily Basis Stock Tips from NJ Wealth?

Ans. Yes, Daily Stock tips are available with NJ Wealth.

Q45. Does NJ Wealth offer Analysis Reports on IPOs?

Ans. Yes, Analysis Reports on IPOs is allowed with NJ Wealth.