Nirman Broking Vs INDmoney
Nirman Broking
Nirman Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Nirman Broking Vs INDmoney - Broker Details
| Nirman Broking | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1987 | 2019 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 20 | 966 |
| Brokerage | ₹20 per executed order or 0.05% | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
Nirman Broking Vs INDmoney - Account Opening & AMC Charges
| Nirman Broking | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹360 + GST per year | ₹0 (Free) |
| Trading Account AMC | N/A | ₹0 (Free) |
Nirman Broking Vs INDmoney - Brokerage charges & Plans
| Nirman Broking | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | ₹20 per executed per order or 0.05% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20 or 2.5% | 0.05% or up to ₹20/Per Order |
| Equity Options | Flat ₹20 per executed per order | 0.05% or up to ₹20/Per Order |
| Commodity Options | Flat ₹20 per executed per order | N/A |
| Equity Futures | ₹20 per executed order or 0.05% | 0.05% or up to ₹20/Per Order |
| Currency Options | Flat ₹20 per executed per order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20 per executed order or 0.05% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20 per executed order or 0.05% | 0.05% or up to ₹20/Per Order |
Nirman Broking Vs INDmoney - Other Charges
| Nirman Broking | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20 per order | ₹50 per position |
| Other Brokerage Charges | ₹20 per executed order or 0.05% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20 per executed order or 0.05% | 0.05% or up to ₹20/Per Order |
Nirman Broking Vs INDmoney - Transaction Charges
| Nirman Broking | INDmoney | |
|---|---|---|
| Currency Options | NSE ₹500/Cr (0.005%) (on premium) | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE: ₹200/Cr (0.0019%) | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: ₹345/Cr (0.00325%) | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE ₹5000/Cr (0.05%) (on premium) | NSE: 0.053% on premium value |
| Commodity | N/A | 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 | NSE ₹120/Cr (0.0012%) | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: ₹345/Cr (0.00325%) | NSE - 0.00325% | BSE- 0.00375% |
Nirman Broking Vs INDmoney - Margin (Exposure)
| Nirman Broking | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 6x (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) |
Nirman Broking Vs INDmoney - Features
| Nirman Broking | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop 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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Nirman Broking Vs INDmoney - Review & Rating
| Nirman Broking | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Nirman Broking Vs INDmoney - Request a call back from Broker
| Nirman Broking | INDmoney | |
|---|---|---|
Nirman Broking Vs INDmoney - Investment Options
| Nirman Broking | 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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Nirman Broking Vs INDmoney - Order Type
| Nirman Broking | 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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Nirman Broking Vs INDmoney - Research & Report
| Nirman Broking | 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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Nirman Broking Vs INDmoney - Daily Market Report
| Nirman Broking | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Nirman Broking Vs INDmoney - Suitable For Investor
| Nirman Broking | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Nirman Broking Vs INDmoney - Pros & Cons
| Nirman Broking | INDmoney | |
|---|---|---|
| Pros | 1. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing | 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. Market volatility and potential investment risks, 2. Technology Issues 3. Dependency on market conditions and economic factors, | 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. |
Nirman Broking Vs INDmoney - Background
| Nirman Broking | INDmoney | |
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Nirman Broking Vs INDmoney - Compare All Brokers
| Nirman Broking | INDmoney | |
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Nirman Broking Vs INDmoney - STT/CTT
| Nirman Broking | 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 |
Nirman Broking Vs INDmoney - Demat transaction charges
| Nirman Broking | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹250/ per certificate |
Nirman Broking Vs INDmoney - GST
| Nirman Broking | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Nirman Broking Vs INDmoney - SEBI Charges
| Nirman Broking | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirman Broking Vs INDmoney - Account Opening & AMC Charges
Nirman Broking
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹360 + GST per year
₹0 (Free)
Trading Account AMC
N/A
₹0 (Free)
Nirman Broking Vs INDmoney
| Nirman Broking | INDmoney | |
|---|---|---|
Nirman Broking Account Opening Process and Charges |
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
Nirman Broking Vs INDmoney - Brokerage charges & Plans
| Nirman Broking | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | ₹20 per executed per order or 0.05% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹20 or 2.5% | 0.05% or up to ₹20/Per Order |
| Equity Options | Flat ₹20 per executed per order | 0.05% or up to ₹20/Per Order |
| Commodity Options | Flat ₹20 per executed per order | N/A |
| Equity Futures | ₹20 per executed order or 0.05% | 0.05% or up to ₹20/Per Order |
| Currency Options | Flat ₹20 per executed per order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹20 per executed order or 0.05% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹20 per executed order or 0.05% | 0.05% or up to ₹20/Per Order |
Nirman Broking Vs INDmoney - Margin (Exposure)
| Nirman Broking | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 6x (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) |
Nirman Broking Vs INDmoney - Other Charges
| Nirman Broking | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20 per order | ₹50 per position |
| Other Brokerage Charges | ₹20 per executed order or 0.05% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20 per executed order or 0.05% | 0.05% or up to ₹20/Per Order |
Nirman Broking Vs INDmoney - STT/CTT
| Nirman Broking | 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 |
Nirman Broking Vs INDmoney - Demat transaction charges
| Nirman Broking | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹250/ per certificate |
Nirman Broking Vs INDmoney - GST
| Nirman Broking | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Nirman Broking Vs INDmoney - SEBI Charges
| Nirman Broking | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Nirman Broking Vs INDmoney - Features
| Nirman Broking | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop 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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