JainamSEBI INZ000198735
- Account opening
- ₹0
- Demat AMC
- Not stated
- SME IPOs
- Not stated
- Delivery brokerage
- ₹20 (DIY) or 0.4%
- Cost to sell ₹15,000 of IPO shares
- ₹44.84Brokerage and DP with GST, ours
TradejiniSEBI INZ000160938
- Account opening
- ₹0
- Demat AMC
- Not stated
- SME IPOs
- Not stated
- Delivery brokerage
- ₹20/order
- Cost to sell ₹15,000 of IPO shares
- Not publishedBrokerage and DP with GST, ours
Where Jainam and Tradejini differ
4 of the 7 charges we compare differ for an IPO investor.
| Cost to sell IPO shares (ours) | Jainam | Tradejini |
|---|---|---|
| One mainboard lot, ₹15,000Same brokerage at both; a DP charge is not published | ₹44.84 | ₹23.60 brokerage; DP charge not published |
| Two SME lots, ₹2,50,000Same brokerage at both; a DP charge is not published | ₹44.84 | ₹23.60 brokerage; DP charge not published |
| A year: 12 mainboard lots soldSame brokerage at both; a DP charge is not published | ₹538.08 | ₹283.20 brokerage; DP charge not published |
Ours: brokerage and DP charge with 18% GST. STT and exchange charges are equal everywhere, so they are left out. SME bids are two lots.
- Equity delivery brokerage: DIY: ₹20 per order at Jainam, ₹20 per order at Tradejini.
- DP charge on selling shares: DIY: ₹18 per scrip at Jainam, not stated at Tradejini.
- Mainboard IPOs: not stated at Jainam, Yes, ₹0 commission at Tradejini.
The same at both: account opening, Demat maintenance (AMC) and SME IPOs.
Jainam vs Tradejini: charges side by side
Differs 4 of 7 charges differ between Jainam and Tradejini. Same charges are greyed. ₹0 free Not stated not on the broker's pages
| Charge | Jainam | Tradejini |
|---|---|---|
| Open an account | ||
| Account opening | ₹0 online | Free online |
| Demat maintenance (AMC) | Not stated on the pages we checked | Not stated on the pages we checked |
| Apply for IPOs | ||
| Mainboard IPOs | Not stated on the pages we checked | Yes, ₹0 commission |
| SME IPOs | Not stated on the pages we checked | Not stated on the pages we checked |
| Sell your IPO shares | ||
| Equity delivery brokerage | DIY: ₹20 per order; Premium: 0.4% | ₹20 per order |
| DP charge on selling shares | DIY: ₹18 per scrip; Premium: ₹25 per request plus GST | Not stated on the pages we checked |
| Registration | ||
| SEBI registration | INZ000198735 | INZ000160938 |
For other trading, equity intraday, Futures and Call and trade differ too. Intraday, futures, call and trade and margin charges are on the Jainam and Tradejini pages.
Jainam and Tradejini strengths and things worth checking
Jainam
Strengths
- Two plans
Worth checking
- Premium delivery is 0.4%
₹60 on a ₹15,000 sale on the Premium plan. Our calculator uses the DIY plan.
- DIY dealer orders cost ₹70
Plus ₹20 brokerage and GST.
Tradejini
Strengths
- Flat ₹20
- IPOs free
Worth checking
- AMC and DP charge not on the list of charges
Check them before you open an account.
Brokerage calculator: Jainam vs Tradejini
| Charge | Jainam | Tradejini |
|---|
Ours, with NSE rates. Change the trade to see what Jainam and Tradejini would each charge.
Other comparisons
Every comparison with Jainam or Tradejini, or pick any two brokers.
Frequently asked questions
Which is cheaper for selling IPO shares, Jainam or Tradejini?
Tradejini does not publish its DP charge, so the full cost of selling IPO shares cannot be compared. For two SME lots worth ₹2,50,000: Jainam ₹44.84, Tradejini ₹23.60 brokerage; DP charge not published (our calculation, brokerage and DP charge with GST).
How much would the difference between Jainam and Tradejini be over a year?
Not in full, because Tradejini does not publish its DP charge.
Can I apply for SME IPOs on Jainam and Tradejini?
Neither says clearly on its pages that SME IPOs can be applied for.
What brokerage do Jainam and Tradejini charge when I sell IPO shares?
Selling allotted shares is a delivery trade. On a ₹15,000 sale the brokerage with GST is ₹23.60 at Jainam and ₹23.60 at Tradejini (our calculation from their published rates).
What DP charge do Jainam and Tradejini take when I sell IPO shares?
For one sale of ₹15,000, with GST: ₹21.24 at Jainam; Tradejini does not publish it (our calculation). It is charged on each sale from your demat account.