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TradeJini Review by A Digital Blogger

TradeJini Review

TradeJini is a discount stockbroker that was incorporated in 2012. This stock broking company has an accreditation from BSE, NSE, MCX and MCX SX and offers its clients to trade across multiple segments. At the same time, it also provides Demat services through CDSL. TradeJini claims to have more than 10,000 clients from more than 1000 locations of the country.

The broking firm was founded by Kishore Kumar J and Dinesh Kumar M and presently the firm has its corporate office in Bengaluru, with an employee strength of around 60.

With Tradejini, you can trade and invest in the following segments:

  • Equity
  • Derivatives
  • Currency
  • Commodity
  • Mutual Funds
  • Debt Instruments

 

TradeJini Trading Platforms

TradeJini offers different trading platforms to its clients based on their preferences and requirements. The worrisome part with Tradejini on this point is that it does not have anything to offer when it comes to in-house trading applications. All of the softwares offered are licensed applications through NSE.


"The concern with 3rd party softwares is that control of maintenance does not lie with Tradejini. It's up to the tech team of NSE when to update the applications with new features."


Here are the details:

NEST (or Next generation Electronic Securities Trading platform)

NEST is a complete trading solution for heavy traders. The software can be installed on a desktop or laptop and traders can carry out trading at a really quick speed. Some of the top features of the platform are:

  • Real-time access to market quotes and trends
  • Highly encrypted and secure trading environment with two level authentication
  • Place, modify or cancel orders
  • View Order book, Trade book and position book

NSE Now

NSE Now is another trading platform offered by TradeJini that can be accessed from any browser without any installation or download. This web-based platform is basically an offering from NSE to which TradeJini has subscribed through a license. With this license, this stockbroking firm allows its clients to use NSE NOW for trading services.

The platform is pretty flexible and hassle-free in terms of usage and trading experience. Some of the features of the platform are:

  • Clients can access NSE servers directly without any third party server intermediation. This helps the clients to trade at a pretty quick execution speed.

"Funds transfer with more than 25 banks allowed while using the services of Tradejini."


  • Notifications and alerts available as per clients preferences and trading patterns. Clients can choose to get notifications on mobile phones SMS or email.
  • Access advanced technical charts to make an objective judgment before trading or investing.

NSE Mobile Trading App

TradeJini allows its clients to trade using the NSE Mobile Trading app, an app developed by Dotex International. Although the app is offered through NSE, the credential details are provided by the stockbroking firm in content, in this case, which is TradeJini. Some of the features this app is loaded with are:

  • Comprehensive market trends and monitoring information
  • Real-time quotes, market watch and charts available
  • Detailed information on market movers both on the gainers as well as losers sides

 

Some of the concerns with this mobile app are:

  • Low update frequency cycle
  • Sub-quality user experience
  • No new technical incorporations

 

TradeJini Customer Service

Tradejini offers limited communication channels in the form of:

  • Email
  • Phone
  • Social Media

Now the concern does not stop at the limited number of communication channels only. But the overall service quality is below par. It can be understood that discount brokers generally do not provide high-quality customer service, but in case of Tradejini, things are completely south - be it the time taken to resolve the concern, communication quality, executive training and so on. 

TradeJini Funds Transfer

There are multiple ways for you to transfer funds into the trading account:

  • ATOM Gateway

With this facility, users have the option to transfer funds across 25 banks of the country with instant credit. This is charged at ₹9 plus service tax for each transaction.

  • NEFT/RTGS

Using this service, users can transfer funds to the HDFC account of Tradejini. This is a free service but the transfer completion takes some time.

Similarly, payouts can be done using the back-office itself.


"Each fund transfer with the Atom gateway service is charged at ₹9 plus the service tax"


TradeJini Pricing

Let's discuss the pricing of Tradejini one by one. Make sure to understand different aspects of pricing even including STT, Taxes, transaction charges, stamp duty etc. unless you want to get surprised later. Here we go:

TradeJini Account Opening Costs

TradeJini Brokerage

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To know about Pricing and rest of the review of Tradejini, you can check out this detailed Tradejini Review

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