Reviews of Stock Brokers

Jainam Share Consultants

When it comes to investing in the stock market, choosing the right stockbroker is of utmost importance. It can significantly impact your trading experience, investment returns, and overall satisfaction. In this article, we will provide an in-depth review of Jainam Share Consultants, one of India's prominent Full Service Broker. We will evaluate various aspects, including brokerage charges, trading platforms, customer support, and more, to help you make an informed decision.


Jainam Share Consultants founded in 2000 by Jitendra Shah is a Private company headquartered in Surat, Gujrat India. As a Full Service Broker, Jainam Share Consultants aims to provide cost-effective buy/sell orders, enabling investors to save money compared to Discount Broker. However, it is crucial to note that Jainam Share Consultants operates as a Discount Broker. It offers extensive investment advice and detailed stock analysis for its clients.

OverviewJainam Share Consultants
Broker TypeFull Service Broker
Type of companyPrivate
HeadquarterSurat, Gujrat
FoundersJitendra Shah
Foundation Year2000
Supported ExchangesNA
Total branchesNil

Jainam Share Consultants Account opening charges

To begin trading with Jainam Share Consultants, you need to open a trading account and a Demat account. Jainam Share Consultants charges Rs.750 for opening a trading account. Additionally, there is an annual maintenance charge (AMC) of Rs.500 for the Demat account. However, it's worth mentioning that trading AMC is free.

Account Opening and Demat ChargesJainam Share Consultants
Trading Account Opening ChargesRs.750
Demat AMC (Annual Maintenance Charges)Rs.500
Trading AMC (Annual Maintenance Charges)Free
Margin MoneyRs.10,000 Minimum
Offline to Online ChargesYes

Jainam Share Consultants Brokerage Charges

One of the main factors to consider when choosing a stockbroker is the brokerage charges. Jainam Share Consultants brokerage charges for various segments are as follows:

Equity Brokerage Charges

Equity Brokerage ChargesJainam Share Consultants
Equity Delivery Brokerage0.45%
Equity Intraday Brokerage0.06%
Equity Futures Brokerage0.06%
Equity Options BrokerageRs.150 per Lot

Currency Brokerage Charges

Currency Brokerage ChargesJainam Share Consultants
Currency Futures Brokerage0.06%
Currency Options BrokerageRs.50 per Lot

Commodity Brokerage Charges

Commodity Brokerage ChargesJainam Share Consultants
Commodity Options BrokerageNA

Jainam Share Consultants Other Charges

In addition to brokerage charges, there are other charges to consider:

Other Brokerage ChargesJainam Share Consultants
Minimum Brokerage ChargesPercentage of Transaction
Transaction Brokerage Charges0.00325% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp Duty ChargesAs per the state
GST Charges18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover
Call and Trade ChargesNA

Jainam Share Consultants Equity Leverage

Leverage enables traders to amplify their market exposure using a relatively smaller capital amount. Here's the leverage provided by Jainam Share Consultants:

Equity LeverageJainam Share Consultants
Equity DeliveryUpto 2x
Equity IntradayUpto 8x
Equity FuturesUpto 3x
Equity OptionsUpto 5x

Jainam Share Consultants Currency Leverage

Currency LeverageJainam Share Consultants
Currency FuturesUpto 2x
Currency OptionsUpto 2x

Jainam Share Consultants Commodity Leverage

Equity LeverageJainam Share Consultants
CommodityUpto 2x

Jainam Share Consultants Offers

Numerous stockbrokers are enticing customers with attractive offers in order to expand their client base. Some of these enticing offers include:

OffersJainam Share Consultants
Free Stock Trading AccountYes
Free Demat AccountYes
Flexible PlansNo
Brokerage DiscountsNo
Happy HoursNo
1 Month Free PlanNo
Holiday OffersNo
Referral ProgramNo
Zero Brokerage on Loss TradesNo

Jainam Share Consultants Features

FeaturesJainam Share Consultants
Equity Delivery TradingYes
Equity Intraday TradingYes
Equity Futures TradingYes
Equity Options TradingYes
Currency TradingYes
Commodity TradingNo
IPO (Initial public offering)Yes
Stocks SuggestionsNo
Robo AdvisoryYes
PMS (Portfolio Management Services)No
Trading InstitutionNo
Trading ExposureUpto 8x
Mutual FundsYes
SIP (Systematic Investment Plan)No
Forex TradingNo

Jainam Share Consultants Advisory Services

The key distinction between a discount broker and a full-service broker lies in the range of services offered and the rates at which they are provided.

ServicesJainam Share Consultants
Fundamental ReportsYes
Research ReportsNo
Company ReportsNo
Annual ReportsNo
Company Stock ReviewNo
Free Stock TipsYes
IPO ReportsNo
Top PicksYes
Daily Market ReviewNo
Monthly ReportsYes
Weekly reportsYes
Offline AdvisoryNo
Relationship ManagerYes

Jainam Share Consultants Trading Platforms

The Jainam Share Consultants trading software comprises various trading platforms suitable for the diverse needs of the customers. It is built on IIFL's trading platform. It has been trusted by customers for the past two decades. The trading platform is available in three different forms. Namely: a mobile app, a web browser-based platform, and an installable desktop trading application.

Jainam Share Consultants Trading Platforms

Desktop Trading PlatformsJainam Share Consultants
Desktop BrowserNo

Jainam Share Consultants Mobile App

The Jainam Share Consultants mobile app allows users to trade on the go and provides access to trading at BSE/NSE and robo advisory services. Customers can download the app for free from either the google app store or the apple app Store. The app is designed to be simple and intuitive, enabling users to buy stocks, trade in stock and currency futures & options, and invest in mutual funds, ETFs, bonds, and more.

Mobile AppJainam Share Consultants
Mobile BrowserNo
Android AppYes
iOS AppYes
Windows AppNo
Other mobile osNo

Jainam Share Consultants Web Trading

For web-based trading, Jainam Share Consultants offers a powerful trading website known as Jainam Share Consultants trader station. This website can be accessed through any web browser on computers, laptops, mobile devices, or tablets. It provides a wide range of trading and investment options within a single domain. The web platform is seamlessly integrated with payment gateways and banks, enabling instant fund transfers.

Jainam Share Consultants Trade Terminal

Jainam Share Consultants offers a trade terminal, which is a downloadable trading terminal specifically developed for active traders seeking advanced trading features. This desktop application offers real-time data and advanced charts for monitoring intraday and historic stock prices. It also offers a variety of keyboard shortcuts to facilitate real-time market monitoring and faster order placement.

Jainam Share Consultants Customer Support

Customer SupportJainam Share Consultants
Relationship ManagerYes
Offline TradingYes
Online TradingYes
24 * 7 SupportNo
Email SupportNo
Chat SupportNo
Toll free numberNo
Support Branches50

Jainam Share Consultants Complaints

Understanding the number of customer complaints received by a brokerage firm can provide insights into the quality and reliability of their services. The following table shows the information regarding the complaints received by Jainam Share Consultants.

BSE ComplaintsJainam Share Consultants
BSE Complaints2
BSE Resolved Complaints2
Percentage of resolved BSE complaints100.00 %
NSE Complaints3
NSE Resolved Complaints3
Percentage of resolved NSE complaints100.00 %
BSE/NSE Complaint vs. Resolved Percentage100.00 %


In conclusion, Jainam Share Consultants offers a range of trading and investment options through its user-friendly platforms. With competitive pricing and several investment choices, it is one of the best options for investors. However, the lack of comprehensive customer support and the number of customer complaints are areas of concern. Considering all the features and user experience, Jainam Share Consultants can be considered a decent stock broker, but you must examine the pros and cons carefully before making a decision.