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Comparision (Nirmal Bang VS Groww)

 

Nirmal Bang Vs Groww

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


Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Nirmal Bang Vs Groww - Broker Details

Nirmal Bang Groww
Single Margin Facility
Year of Incorporation 1997 2016
Exchanges NSE, BSE, MCX and NCDEX NSE and BSE.
Branches 2+ Zero
Brokerage 0.02% ₹20/ Order
Broker Type Full Service Broker Discount Broker

Nirmal Bang Vs Groww - Account Opening & AMC Charges

Nirmal Bang Groww
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 Groww - Brokerage charges & Plans

Nirmal Bang Groww
Commodity Futures 0.01% N/A
Currency Futures 0.02% N/A
Equity Delivery 0.20% ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹35/Lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹20/Lot N/A
Equity Futures 0.02% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/Lot N/A
Fixed Charges 0.02% ₹20/ Order
Equity Intraday 0.02% ₹20/ Order or 0.05% (whichever is lower)

Nirmal Bang Vs Groww - Other Charges

Nirmal Bang Groww
RMS Square Off Charge N/A ₹50/ Order
API Charges N/A ₹0 (Free)
Call & Trade Charges N/A N/A
Other Brokerage Charges ₹20/Lot ₹20/ Order or 0.05%
Minimum Brokerage 0.02% ₹20/ Order

Nirmal Bang Vs Groww - Transaction Charges

Nirmal Bang Groww
Currency Options 0.057% on premium N/A
Equity Futures 0.0024% NSE:- 0.002%
Equity Intraday 0.0039% NSE:- 0.00345% | BSE:- 0.00345%
Equity Options 0.0024% NSE:- 0.053% on premium
Commodity 0.0025% N/A
Currency Futures 0.0024% N/A
Equity Delivery 0.0039% NSE:- 0.00345% | BSE:-0.00345%

Nirmal Bang Vs Groww - Margin (Exposure)

Nirmal Bang Groww
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x

Nirmal Bang Vs Groww - Features

Nirmal Bang Groww
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:25 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1.Beyond - (Mobile Trading App) 2.ODIN (Trading Terminal) 3.ODIN Aero 4.LD Addon 5.LD Rakshak (Risk Management Software) Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund

Nirmal Bang Vs Groww - Review & Rating

Nirmal Bang Groww
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Nirmal Bang Vs Groww - Request a call back from Broker

Nirmal Bang Groww

Nirmal Bang Vs Groww - Investment Options

Nirmal Bang Groww
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Nirmal Bang Vs Groww - Order Type

Nirmal Bang Groww
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Nirmal Bang Vs Groww - Research & Report

Nirmal Bang Groww
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Nirmal Bang Vs Groww - Daily Market Report

Nirmal Bang Groww
Daily Market Reports & News

Nirmal Bang Vs Groww - Suitable For Investor

Nirmal Bang Groww
Casual Investor
Active Investor
Trader

Nirmal Bang Vs Groww - Pros & Cons

Nirmal Bang Groww
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.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option.
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.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth.

Nirmal Bang Vs Groww - Background

Nirmal Bang Groww

Nirmal Bang Vs Groww - Compare All Brokers

Nirmal Bang Groww

Nirmal Bang Vs Groww - STT/CTT

Nirmal Bang Groww
Commodity Futures 0.01% on sell side (Non-Agri) N/A
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
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 N/A

Nirmal Bang Vs Groww - Demat transaction charges

Nirmal Bang Groww
Equity Demat Transaction Charges ₹15 + GST per scrip only on sell ₹13.5 Gst per scrip per day only on sell

Nirmal Bang Vs Groww - GST

Nirmal Bang Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% ( Brokerage + Transaction charges)

Nirmal Bang Vs Groww - SEBI Charges

Nirmal Bang Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Nirmal Bang Vs Groww - Account Opening & AMC Charges

Nirmal Bang
Groww
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 Groww

Nirmal Bang Groww
 

Nirmal Bang Review | Brokerage Charges, Account Opening

Logical 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 "+ Groww

Groww Review | Brokerage Charges, Account Opening


Groww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application ..
 
 

Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Nirmal Bang Vs Groww - Brokerage charges & Plans

Nirmal Bang Groww
Commodity Futures 0.01% N/A
Currency Futures 0.02% N/A
Equity Delivery 0.20% ₹20/ Order or 0.05% (whichever is lower)
Equity Options ₹35/Lot ₹20/ Order or 0.05% (whichever is lower)
Commodity Options ₹20/Lot N/A
Equity Futures 0.02% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/Lot N/A
Fixed Charges 0.02% ₹20/ Order
Equity Intraday 0.02% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Nirmal Bang Vs Groww - Margin (Exposure)

Nirmal Bang Groww
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x
Equity Intraday 5x (Up to 20% of trade value) 5x
Currency Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Options 1x (100% of NRML margin (Span + Exposure) N/A
Commodity Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) N/A
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x

Nirmal Bang Vs Groww - Other Charges

Nirmal Bang Groww
RMS Square Off Charge N/A ₹50/ Order
API Charges N/A ₹0 (Free)
Call & Trade Charges N/A N/A
Other Brokerage Charges ₹20/Lot ₹20/ Order or 0.05%
Minimum Brokerage 0.02% ₹20/ Order

Nirmal Bang Vs Groww - STT/CTT

Nirmal Bang Groww
Commodity Futures 0.01% on sell side (Non-Agri) N/A
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
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 N/A

Nirmal Bang Vs Groww - Demat transaction charges

Nirmal Bang Groww
Equity Demat Transaction Charges ₹15 + GST per scrip only on sell ₹13.5 Gst per scrip per day only on sell

Nirmal Bang Vs Groww - GST

Nirmal Bang Groww
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% ( Brokerage + Transaction charges)

Nirmal Bang Vs Groww - SEBI Charges

Nirmal Bang Groww
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Nirmal Bang Vs Groww - Features

Nirmal Bang Groww
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:25 PM Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM
Trading Platform 1.Beyond - (Mobile Trading App) 2.ODIN (Trading Terminal) 3.ODIN Aero 4.LD Addon 5.LD Rakshak (Risk Management Software) Groww Web (Browser based trading website) , Groww Mobile Application
SMS Alerts for Trades
Direct Mutual Fund

Nirmal Bang

Groww