Upstox Vs Nirmal Bang
Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.
Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.
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
Upstox Vs Nirmal Bang - Broker Details
| Upstox | Nirmal Bang | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2009 | 1997 |
| Exchanges | BSE, NSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | Zero | 2+ |
| Brokerage | ₹20/ Order or 0.05% (Whichever is lower) | 0.02% |
| Broker Type | Discount Broker | Full Service Broker |
Upstox Vs Nirmal Bang - Account Opening & AMC Charges
| Upstox | Nirmal Bang | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹200 (2nd year onwards) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Upstox Vs Nirmal Bang - Brokerage charges & Plans
| Upstox | Nirmal Bang | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.01% |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.02% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.20% |
| Equity Options | ₹20/ Order | ₹35/Lot |
| Commodity Options | ₹20/ Order | ₹20/Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.02% |
| Currency Options | ₹20/ Order | ₹20/Lot |
| Fixed Charges | ₹20/ Order | 0.02% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.02% |
Upstox Vs Nirmal Bang - Other Charges
| Upstox | Nirmal Bang | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20/Lot |
| Minimum Brokerage | ₹20/ Order | 0.02% |
Upstox Vs Nirmal Bang - Transaction Charges
| Upstox | Nirmal Bang | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% | 0.057% on premium |
| Equity Futures | NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% | 0.0024% |
| Equity Intraday | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.0039% |
| Equity Options | NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% | 0.0024% |
| Commodity | Non-Agri: Exchange turnover charge: 0.0026% | 0.0025% |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | 0.0024% |
| Equity Delivery | NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group | 0.0039% |
Upstox Vs Nirmal Bang - Margin (Exposure)
| Upstox | Nirmal Bang | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 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 (no margin) | 1x (100% of trade value) |
| 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) |
Upstox Vs Nirmal Bang - Features
| Upstox | Nirmal Bang | |
|---|---|---|
| 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:25 PM |
| Trading Platform | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator | 1.Beyond - (Mobile Trading App) 2.ODIN (Trading Terminal) 3.ODIN Aero 4.LD Addon 5.LD Rakshak (Risk Management Software) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Upstox Vs Nirmal Bang - Review & Rating
| Upstox | Nirmal Bang | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Upstox Vs Nirmal Bang - Request a call back from Broker
| Upstox | Nirmal Bang | |
|---|---|---|
Upstox Vs Nirmal Bang - Investment Options
| Upstox | Nirmal Bang | |
|---|---|---|
| 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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Upstox Vs Nirmal Bang - Order Type
| Upstox | Nirmal Bang | |
|---|---|---|
| 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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Upstox Vs Nirmal Bang - Research & Report
| Upstox | Nirmal Bang | |
|---|---|---|
| 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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Upstox Vs Nirmal Bang - Daily Market Report
| Upstox | Nirmal Bang | |
|---|---|---|
| Daily Market Reports & News |
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Upstox Vs Nirmal Bang - Suitable For Investor
| Upstox | Nirmal Bang | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Upstox Vs Nirmal Bang - Pros & Cons
| Upstox | Nirmal Bang | |
|---|---|---|
| Pros | 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. | 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 |
| Cons | 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. | 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 |
Upstox Vs Nirmal Bang - Background
| Upstox | Nirmal Bang | |
|---|---|---|
Upstox Vs Nirmal Bang - Compare All Brokers
| Upstox | Nirmal Bang | |
|---|---|---|
Upstox Vs Nirmal Bang - STT/CTT
| Upstox | Nirmal Bang | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Upstox Vs Nirmal Bang - Demat transaction charges
| Upstox | Nirmal Bang | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹15 + GST per scrip only on sell |
Upstox Vs Nirmal Bang - GST
| Upstox | Nirmal Bang | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Upstox Vs Nirmal Bang - SEBI Charges
| Upstox | Nirmal Bang | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Upstox Vs Nirmal Bang - Account Opening & AMC Charges
Upstox
Nirmal Bang
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹200 (2nd year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Upstox Vs Nirmal Bang
| Upstox | Nirmal Bang | |
|---|---|---|
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. |
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 .. |
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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
Upstox Vs Nirmal Bang - Brokerage charges & Plans
| Upstox | Nirmal Bang | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.01% |
| Currency Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.02% |
| Equity Delivery | ₹20/ Order or 2.5% (whichever is lower) | 0.20% |
| Equity Options | ₹20/ Order | ₹35/Lot |
| Commodity Options | ₹20/ Order | ₹20/Lot |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | 0.02% |
| Currency Options | ₹20/ Order | ₹20/Lot |
| Fixed Charges | ₹20/ Order | 0.02% |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | 0.02% |
| Call Back Open Account |
Upstox Vs Nirmal Bang - Margin (Exposure)
| Upstox | Nirmal Bang | |
|---|---|---|
| Equity Options | Option Sell: 1x | Option Buying: No Margin | 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 margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | Option Sell: 1x | Option Buying: No Margin | 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 (no margin) | 1x (100% of trade value) |
| 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) |
| Call Back Open Account |
Upstox Vs Nirmal Bang - Other Charges
| Upstox | Nirmal Bang | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | N/A |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | (₹50 + GST) | N/A |
| Other Brokerage Charges | ₹20/ Order or 0.05% ( Whichever is lower) | ₹20/Lot |
| Minimum Brokerage | ₹20/ Order | 0.02% |
Upstox Vs Nirmal Bang - STT/CTT
| Upstox | Nirmal Bang | |
|---|---|---|
| Commodity Futures | 0.01% on sell trade (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell | 0.05% on sell side (on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on sell side |
| Commodity Options | 0.05% on sell trade | 0.05% on sell side |
Upstox Vs Nirmal Bang - Demat transaction charges
| Upstox | Nirmal Bang | |
|---|---|---|
| Equity Demat Transaction Charges | Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell | ₹15 + GST per scrip only on sell |
Upstox Vs Nirmal Bang - GST
| Upstox | Nirmal Bang | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Upstox Vs Nirmal Bang - SEBI Charges
| Upstox | Nirmal Bang | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Upstox Vs Nirmal Bang - Features
| Upstox | Nirmal Bang | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
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| Call & Trade Facility |
|
|
| Referral Program |
|
|
| 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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM | Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:25 PM |
| Trading Platform | 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator | 1.Beyond - (Mobile Trading App) 2.ODIN (Trading Terminal) 3.ODIN Aero 4.LD Addon 5.LD Rakshak (Risk Management Software) |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |