Nirmal Bang Vs INDmoney
Nirmal Bang
Nirmal Bang Review gives an overall view and updates about the Nirmal Bang Brokerage Charges, Nirmal Bang Margin, Nirmal Bang Trading Software 2024, Nirmal Bang Demat Account Charges and it also gives overview on Nirmal Bang NRI Account, Nirmal Bang Branches, Nirmal Bang Customer Complaints, Nirmal Bang Advantages and Disadvantages, Nirmal Bang Research and Advisory Services, Nirmal Bang IPO, Nirmal Bang Mutual Funds as well as offers a wide range of financial products through Nirmal Bang Website and mobile application
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Nirmal Bang Vs INDmoney - Broker Details
| Nirmal Bang | INDmoney | |
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| Single Margin Facility |
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| Year of Incorporation | 1997 | 2019 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 2+ | 966 |
| Brokerage | 0.02% | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
Nirmal Bang Vs INDmoney - Account Opening & AMC Charges
| Nirmal Bang | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹200 (2nd year onwards) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Nirmal Bang Vs INDmoney - Brokerage charges & Plans
| Nirmal Bang | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% | N/A |
| Currency Futures | 0.02% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.20% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹35/Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/Lot | N/A |
| Equity Futures | 0.02% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.02% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.02% | 0.05% or up to ₹20/Per Order |
Nirmal Bang Vs INDmoney - Other Charges
| Nirmal Bang | INDmoney | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | N/A | ₹50 per position |
| Other Brokerage Charges | ₹20/Lot | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.02% | 0.05% or up to ₹20/Per Order |
Nirmal Bang Vs INDmoney - Transaction Charges
| Nirmal Bang | INDmoney | |
|---|---|---|
| Currency Options | 0.057% on premium | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | 0.0024% | NSE: 0.00195% on total turnover value |
| Equity Intraday | 0.0039% | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | 0.0024% | NSE: 0.053% on premium value |
| Commodity | 0.0025% | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | 0.0024% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | 0.0039% | NSE - 0.00325% | BSE- 0.00375% |
Nirmal Bang Vs INDmoney - Margin (Exposure)
| Nirmal Bang | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Nirmal Bang Vs INDmoney - Features
| Nirmal Bang | INDmoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Beyond - (Mobile Trading App) 2.ODIN (Trading Terminal) 3.ODIN Aero 4.LD Addon 5.LD Rakshak (Risk Management Software) | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Nirmal Bang Vs INDmoney - Review & Rating
| Nirmal Bang | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Nirmal Bang Vs INDmoney - Request a call back from Broker
| Nirmal Bang | INDmoney | |
|---|---|---|
Nirmal Bang Vs INDmoney - Investment Options
| Nirmal Bang | INDmoney | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Nirmal Bang Vs INDmoney - Order Type
| Nirmal Bang | INDmoney | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Nirmal Bang Vs INDmoney - Research & Report
| Nirmal Bang | INDmoney | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Nirmal Bang Vs INDmoney - Daily Market Report
| Nirmal Bang | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Nirmal Bang Vs INDmoney - Suitable For Investor
| Nirmal Bang | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Nirmal Bang Vs INDmoney - Pros & Cons
| Nirmal Bang | INDmoney | |
|---|---|---|
| Pros | 1.It provides the advanced trading platform that meets the customer expectations. 2. It has low brokerage charges. 3. It provides quick and excellent customer support. 2. It avails its customers with refer and earn program 3.Provides access to risk management and back office software. 4.Solid research services | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1.Nirmal Bang doesn't offer 3 in 1 account. 2.Nirmal Bang doesn't have Brokerage calculator and Margin Calculator. 3.Nirmal Bang is a full services broker so the brokerage charged by them is higher than the discount brokers | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Nirmal Bang Vs INDmoney - Background
| Nirmal Bang | INDmoney | |
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Nirmal Bang Vs INDmoney - Compare All Brokers
| Nirmal Bang | INDmoney | |
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Nirmal Bang Vs INDmoney - STT/CTT
| Nirmal Bang | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Nirmal Bang Vs INDmoney - Demat transaction charges
| Nirmal Bang | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹250/ per certificate |
Nirmal Bang Vs INDmoney - GST
| Nirmal Bang | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Nirmal Bang Vs INDmoney - SEBI Charges
| Nirmal Bang | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirmal Bang Vs INDmoney - Account Opening & AMC Charges
Nirmal Bang
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 (2nd year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Nirmal Bang Vs INDmoney
| Nirmal Bang | INDmoney | |
|---|---|---|
Nirmal Bang Review | Brokerage Charges, Account OpeningLogical thinkers always focus on business model of the company whereas overthinkers focuses on share price of the company, that’s why logical thinkers are considered as successful investors and overthinkers are considered as unsuccessful investors because overthinking kills their .. + " Vs "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Nirmal Bang Vs INDmoney - Brokerage charges & Plans
| Nirmal Bang | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% | N/A |
| Currency Futures | 0.02% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.20% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹35/Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹20/Lot | N/A |
| Equity Futures | 0.02% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹20/Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.02% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.02% | 0.05% or up to ₹20/Per Order |
Nirmal Bang Vs INDmoney - Margin (Exposure)
| Nirmal Bang | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Nirmal Bang Vs INDmoney - Other Charges
| Nirmal Bang | INDmoney | |
|---|---|---|
| RMS Square Off Charge | N/A | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | N/A | ₹50 per position |
| Other Brokerage Charges | ₹20/Lot | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.02% | 0.05% or up to ₹20/Per Order |
Nirmal Bang Vs INDmoney - STT/CTT
| Nirmal Bang | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Nirmal Bang Vs INDmoney - Demat transaction charges
| Nirmal Bang | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹250/ per certificate |
Nirmal Bang Vs INDmoney - GST
| Nirmal Bang | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Nirmal Bang Vs INDmoney - SEBI Charges
| Nirmal Bang | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirmal Bang Vs INDmoney - Features
| Nirmal Bang | INDmoney | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:25 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Beyond - (Mobile Trading App) 2.ODIN (Trading Terminal) 3.ODIN Aero 4.LD Addon 5.LD Rakshak (Risk Management Software) | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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