Jainam Share Consultants is a common name in the stock industry. The broker house has been serving many clients since its inception. It conducts business with the utmost dedication and transparency.
The benefit of the clients is always taken into account by the executives of Jainam Share Consultants. This article contains Jainam Share Consultants Review in detail. The various queries that often arise in the mind of the traders are nicely discussed here.
Essential factors like brokerage fee, account opening charges for both Demat and trading accounts, trading platforms operated, reviews, etc. are mentioned below. If you go through them nicely, then you will surely be able to learn all the details about the broker house.
|Jainam Share Consultants Highlights|
|Broker Type||Full-Service Broker|
|Demat Account AMC||Rs. 708|
|Margin Required||75% Margin|
What do you know about Jainam Share Consultants?
Here the Jainam Share Consultants Review related to the critical points about the company will be discussed. It is a privately-owned company headquartered in Surat, Gujarat.
The broker house was established in 2003 by Jitendra Shah. Jainam Share Consultants is a full-service brokerage house that has an outstanding reputation in the market. The company offers beneficial brokerage plans that help traders in every possible way.
|About Jainam Share Consultants|
|Know a few details about Jainam Share Consultants|
|Which type of Company is it? – Public / Private||Private|
|Which type of Broker is it? – Full Service / Discount||Full-Service Broker|
|Where is the registered office of the Company Located?||Surat, Gujrat|
|Who is the Founder of this Company?||Jitendra Shah|
|When did the company start?||2003|
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What are the various Demat Account Opening Charges levied by Jainam Share Consultants?
It is effortless to open a Jainam Share Consultants Demat Account. The broker house is a Depository Participant of CDSL. A client needs to pay an amount of Rs. 0 as the Jainam Share Consultants Account Opening charge.
The AMC levied by the company on the Demat account is Rs. 708 and the trading account does not require any AMC. A margin amount of at least 75% Margin should be maintained with the broker house initially. The clients also get the privilege of dematerialization.
|Jainam Share Consultants Demat Account Opening Fees|
|Check out the various fees charged for Opening a Demat Account with it|
|Which is the Depository Participant involved?||CDSL|
|What are the Demat account opening charges?||Rs 0|
|How much is the Demat AMC?||Rs. 708|
|What is the Trading AMC?||Rs 0|
|What is the initial Margin amount required?||75% Margin|
|Is dematerialization available?||Yes|
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Does Jainam Share Consultants provide any Offers to their Clients?
Yes, the broker house provides certain offers to attract the attention of the traders. Jainam Share Consultants levies meager brokerage charges, but that does not restrict it from providing some extra benefits to the clients. Free trading and Demat accounts are included within the Jainam Share Consultants offers.
|Jainam Share Consultants Offers|
|Here are the various offers provided by it|
|Does the broker provide a Free Demat A/C offer?||Yes|
|Does the broker provide Free Trading A/C offer?||Yes|
|Is this broker offers a Discount on Brokerage?||No|
|Does the broker offer Happy hour trading to their clients?||No|
|Is the broking house provides a flexible brokerage plan?||No|
|Does the broker offer 1-month Free brokerage?||No|
|Are the Holiday offers provided by the broker?||No|
|Are there any referral offers shared by the broker?||No|
|Zero Brokerage for Loss-Making Trades||No|
What are the Brokerage Charges levied by Jainam Share Consultants on various Segments?
You must know about Jainam Share Consultants Brokerage Charges in detail before trading with them. The fee charged for Equity Delivery is 0.20%, and for the Equity Intraday is 0.03%. Traders can trade commodities absolutely free of cost.
For the equity futures, the broker house charges a very nominal fee of 0.03% of the total amount. Rs.50 is charged for a lot of equity options. The brokerage fee on currency futures is 0.02%, and that for currency options is Rs.50 per lot. The company charges a percentage of the transaction as the minimum brokerage fee.
|Jainam Share Consultants Brokerage Charges|
|Here you will find details of brokerage levied by it on all segments|
|What are the Equity Delivery Charges?||0.20%|
|What are the Equity Intraday Charges?||0.03%|
|How much brokerage charged for Commodity Trading?||0.02%|
|What is the brokerage on Equity Futures?||0.03%|
|How much brokerage charged for Equity Options?||Rs.50 per Lot|
|What is the brokerage on Currency Futures?||0.02%|
|What is the brokerage on Currency Options?||Rs.50 per Lot|
|How much is the Minimum Brokerage required?||Percentage of Transaction|
|What is the Demat AMC?||Rs.708|
|How much is the Trading AMC?||Free|
|What is the Minimum Margin Required?||75% Margin|
Does Jainam Share Consultants levy any other charges apart from Brokerage?
Jainam Share Consultants’ Charges also include some other charges apart from the brokerage charges. 0.00225% of the total turnover is charged for a transaction.
The STT charged is 0.0126%, and the SEBI turnover fee is 0.00005% of the total turnover. Jainam Share Consultants levies a very nominal charge as the duty of the stamps, and that depends on the state. 18% of GST is charged on brokerage and transaction charges put together.
|Jainam Share Consultants Charges|
|Get a deep understanding of all other charges levied by it|
|How much are the Transaction Charges levied?||0.00225% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
*Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on the sell side (Non-Agri)
Commodity Options: 0.05% on sell-side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell-side
|What are the SEBI Turnover charges?||0.00005% (Rs.5/Crore)|
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|How are the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
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What is the Limit or Exposure offered by Jainam Share Consultants?
Jainam Share Consultants’ Margin is up to 1 time for equity delivery and that for equity intraday is up to 5 times. Up to 1 time is the limit set for equity futures and up to 1 time for equity options. Jainam Share Consultants’ Exposure to currency futures is up to 1 time. The exposure on currency options and commodity trading is up to 1 time each.
|Jainam Share Consultants Exposure or Leverage|
|Here you will find the exposure or limit provided by it|
|How much is the limit on Equity Delivery?||1x|
|What is the limit on Equity Intraday?||Upto 5x|
|How much is the limit on Equity Futures?||1x|
|What is the limit on Equity Options?||1x|
|What is the exposure on Currency Futures?||1x|
|How much is the leverage on Currency Options?||1x|
|What is the limit on Commodity Trading?||1x|
Open Demat Account Now – Fill up the Form Below
How to Open Jainam Share Consultants Demat & Trading Account?
You will have to follow the steps mentioned below thoroughly to Open Jainam Share Consultants Demat Account and trading account. The account opening procedure is online and can be done effortlessly.
- You will find a button below on the screen which you will have to click
- Immediately a page will be opened that has all the details of the account opening process mentioned on it
- There you will find a form that you will have to fill up
- Then scan your essential documents as mentioned and upload them for KYC verification
- You will need documents like a PAN card, AADHAAR card, voter ID card, address proof, your current bank account statement, and some others
- Then as you submit the documents, the executives from the company will contact you, and they will take care of the rest of the procedure
- Your Demat account will get activated following the above methods
- The same process is to be followed if you want to Open Jainam Share Consultants Trading Account
What are the various Trading Platforms provided by Jainam Share Consultants?
Jainam Share Consultants Trading Platforms are unique and have multiple beneficial features. These trading platforms allow traders in trading with the maximum amount of comfort. The company operates only two types of trading platforms which are mentioned below:
Jainam Share Consultants Trading Terminal:
Jainam Share Consultants Trading Terminal can be performed on both Windows and Mac devices. It is built with extremely uncomplicated software, and users can handle it very quickly. The trading terminal can be operated from a personal computer that has an active Internet connection
Jainam Share Consultants Mobile App:
There is Jainam Share Consultants Mobile App for both Android and iOS devices. The apps are built very compactly and allow the users to track all the crucial details about their portfolio. They run very fast, and you can get your desired output in a short time
Jainam Share Consultants Web Trading Platform
The company does not maintain a web-based platform for the clients to operate from both desktop and mobile.
|Jainam Share Consultants Trading Platforms|
|Here you will find all the important trading platforms available with it|
|Do they have Trading Terminals for Windows?||Yes|
|Do they have Trading Terminals for Mac?||Yes|
|Are they providing Web Trading Platforms?||No|
|Do they have a Mobile Web Platform?||No|
|Does this broker provide Mobile Trading App for Android?||Yes|
|Does this broker provide Mobile Trading App for iOS?||Yes|
|Are they having Mobile App for Windows OS?||No|
|Do they have Mobile Trading App for Other OS?||No|
What are the features available in Jainam Share Consultants Trading Applications?
Jainam Share Consultants operates two types of trading platforms, namely Jainam Share Consultants Trading Terminal and Jainam Share Consultants Mobile App. They do not have the facility of Jainam Share Consultants Web Trading Platform. All the critical features of the two trading platforms of the company are discussed below:
Jainam Share Consultants Trading Terminal Features
- It provides real-time updates
- Clients can see the details of their portfolio
- The Jainam Share Consultants Trading Terminal is very easy to install
- It provides the latest news on the market
- Traders can get the advantages of global indices
The Jainam Share Consultants Mobile App Features
- The Jainam Share Consultants Trading App allows clients to check their account
- It can be easily installed on an Android or iOS Smartphone
- The app keeps the users updated with the latest rates of the market
- It is capable of providing interactive chartings
- The news flash is provided
- The app is straightforward to install on the device and works seamlessly
|Jainam Share Consultants Trading Application Features|
|Here you will find various features available in Trading Platforms provided by it|
|Are these platforms capable of Real-time Updates?||Yes|
|Do these Applications provide Portfolio Details?||Yes|
|Is this software providing Online MF Buy?||No|
|Do these platforms have News Flash?||Yes|
|Are these platforms providing Research Reports?||No|
|Are these platforms Easy to Install & use?||Yes|
|Do these Apps have Global Indices?||Yes|
|Are these platforms having Stock Tips?||No|
|Does this software provide Personalized Advisory?||No|
|Are these platforms capable of Interactive charting?||Yes|
|Do these Apps provide Live Markets data?||Yes|
|Do they provide SMS Alerts?||No|
|Are they providing Email Alerts?||No|
|Do these platforms have a Multi-Account Management solution?||No|
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What are the various Products provided by Jainam Share Consultants?
Jainam Share Consultant’s Products list comprises trading on equity, currency, and options. Clients can also trade in equity futures and mutual funds through the broker house. The choice of insurance is also available to the traders dealing with Jainam Share Consultants. All the above products are offered to the clients after thorough research from the broker house.
|Jainam Share Consultants Products|
|Here are the various products provided by it|
|Does the broker allow Equity Trading?||Yes|
|Does the broker allow Commodity Trading?||No|
|Do they have Currency Trading products available?||Yes|
|Do they provide Options trading?||Yes|
|Are the clients allowed to trade in Futures?||Yes|
|Do they have Mutual Funds as a product?||Yes|
|Does the broker allow Forex trading?||No|
|Does the broker have Banking products?||No|
|Is SIP allowed by the broker?||No|
|Do they have Insurance as a Product?||Yes|
What are the various Services offered by Jainam Share Consultants?
The company offers Demat and trading services. They also provide equity, intraday, and IPO services to their clients. Jainam Share Consultants Services include tools for Robo advisory. Clients get perfect trading exposure of up to 5 times from the broker house.
|Jainam Share Consultants Services|
|Check out the various services provided by it|
|Does the broking house provide Demat Services?||Yes|
|Does the broking house provide Trading Services?||Yes|
|Do they have 3 in 1 Account i.e. Demat, Trading & Savings A/C?||No|
|Do they provide Intraday Services?||Yes|
|Are they offering IPO Services to the client?||Yes|
|Do they have Stock Recommendations available?||No|
|Are they providing tools for Robo Advisory?||Yes|
|Does the broker provide PMS?||No|
|Do they have Trading Institution available?||No|
|What is the Trading Exposure this broker provides?||Upto 5x|
Does Jainam Share Consultants provide Research & Advisory to their clients?
Yes, various types of Jainam Share Consultants Research services are provided to the clients. The traders get to see their fundamental reports from the company. The broker house also shares its research reports with the clients.
The broker house gives free Jainam Share Consultants Tips for stocks. It provides top picks and displays monthly and weekly performance reports. The company also provides Relationship Managers to clients. However, Jainam Share Consultants Advisory is not available offline.
|Jainam Share Consultants Research, Advisory & Stock Tips|
|Here are the various research activities are done by it|
|Does the broker share Fundamental Reports?||Yes|
|Does the broker share Research Reports?||Yes|
|Do they provide Company Reports to their clients?||No|
|Are they analyzing the Annual Reports of Companies?||No|
|Do they share Company Stock Reviews?||No|
|Are they sharing Free Stock Tips with their clients?||Yes|
|Do they analyze & share IPO Reports?||No|
|Does the broking company provide Top Picks?||Yes|
|Are they sharing Daily Market Review?||No|
|Do they have Monthly Reports?||Yes|
|Does the broker provide Weekly Reports?||Yes|
|Are they having Offline Advisory?||No|
|Do they provide Relationship Managers to clients?||Yes|
What are the Customer Care details of Jainam Share Consultants?
The support from the Jainam Share Consultants Customer Care team is dominant. This company provides dedicated dealers to each client. They help in offline trading as well. The broker house also helps the traders in every way possible for trading online. Jainam Share Consultants has 50 branches all across the country.
|Jainam Share Consultants Customer Support|
|Let’s have a better understanding of Customer Care Service|
|Are they providing Dedicated dealers to their clients?||Yes|
|Do they allow Offline Trading?||Yes|
|Do they have facilities for Online Trading?||Yes|
|Are they providing 24*7 Support?||No|
|Does this broker provide Email Support?||No|
|Is this broker having Chat Support?||No|
|How many Branches the stock broker has?||50|
Are there any Complaints filed against Jainam Share Consultants by their clients?
The number of Jainam Share Consultant’s Complaints from its clients is deficient in quantity. There are only two complaints lodged in BSE and 3 in NSE. But this company is so efficient that it has solved all the problems filed by clients in a brief span. It proves that the company is very dedicated to its services and gives the utmost attention to satisfying its customers.
|Jainam Share Consultants Complaints|
|Here you will know about the Complaints lodged against it|
|What is the total number of Complaints Lodged in BSE?||2|
|How many of these complaints have been Resolved in BSE?||2|
|What is the total number of Complaints Lodged in NSE?||3|
|How many of these complaints have been Resolved in NSE?||3|
What are the Advantages / Benefits of Jainam Share Consultants Trading Account?
The Jainam Share Consultants Trading Account gives a host of advantages to the clients. All those advantages are summed up in the following points:
- Jainam Share Consultants offers a bunch of beneficial products to the clients
- They provide unparallel services to every trader trading with them
- The clients get a very high trading exposure of up to 5 times
- Charges levied on the opening of a Demat account are very less, and that for the trading account is free
- Annual maintenance charged on the accounts is very less
- The broker house maintains two trading platforms, a trading terminal, and mobile app that are incredibly user-friendly
- These platforms have many advanced features that help traders very much in trading properly
- Brokerage on equity intraday and currency futures is as low as 0.06%
- Commodity trading is free from the broker house
- The company provides free Demat and trading accounts
- They offer the facility of dematerialization
- The company offers · Monthly and weekly reports
- Clients get the facility of a Relationship Manager
- The broker house helps clients in trading both online and offline
- They hardly have any complaints lodged against them in BSE or NSE
What are the Jainam Share Consultant’s Reviews & Ratings as per their Customer?
The clients have given good Jainam Share Consultants Review. The ratings received by the broker house are above average, and that shows that the clients trust them. Stock market research and broking advisory of the company has received an excellent 6.2 out of 10 points. Brokerage charges and other charges levied by the company on its clients have fetched 6 points.
Customers have given 5.9 points to the products and services offered by the company. The various trading platforms operated by the company, that is the mobile app, and the trading terminal has received 6.2 points. Jainam Share Consultants’ Rating for the experience of the company shows that they have a good deal of experience. Clients have been awarded 6.3 points in this category. The average rating of Jainam Share Consultants is 6.1, with three bright stars.
This survey is completed with the help of 134 customers. Each of them has taken the quiz and answered all the questions which helped us give high ratings to the broker house.
|Jainam Share Consultants Ratings & Reviews|
|We are looking at Companies’ Ratings on various parameters|
|Stock Market Research & Broking Advisory||6.2/10|
|Brokerage & other Charges like – Turnover, Transaction Charges, etc.||6.0/10|
|Types of Products & Services the Brand provides||5.9/10|
|Performance Mobile App, Trading Terminal & Web Trading Platform||6.2/10|
|Experience in the Broking Business||6.3/10|
|Total Avg. Rating of Broking House||6.1/10|
|Star Rating given to Stock Broker||★★★☆☆|
|Number of People Contributed to These Ratings||134|
Jainam Share Consultants Conclusion
We hope that this whole article has provided you with a proper Jainam Share Consultants Review. The company is undoubtedly serving its clients with some of the best products and services. It has lower brokerage charges but provides the latest facilities.
The customer service team is very active and helps the traders by addressing all of their queries. If you are searching for a suitable broker, then do not look beyond Jainam Share Consultants.
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