5paisa Vs Nirmal Bang (Compare 5paisa and Nirmal Bang)
The side-by-side comparison of 5paisa and Nirmal Bang. Compare 5paisa Vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Nirmal Bang and 5paisa review.
Find out 5paisa Vs Nirmal Bang which is better and 5paisa Vs Nirmal Bang which is best.
Our 5paisa Capital Ltd comparison with Nirmal Bang Securities Pvt Ltd highlights the major differences between two brokers. Find the best between 5paisa and Nirmal Bang.
5paisa is a Mumbai based India's 2nd largest discount broker. 5paisa is part of India Infoline (IIFL), India's leading financial services company. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.
India...
Incorporated in 1986, Nirmal Bang Securities Pvt Ltd., (Nirmal Bang) is amongst the top full-service broking houses, offering various financial products and services. The Nirmal Bang group of companies was founded by Nirmal Bang, Dilip Bang and Kisho...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
NSE, BSE
BSE, NSE, MCX, NCDEX, NMCE
Account Type
Standard Account
Basic Plan
Broker Enquiry
Year of Incorporation
1996
1986
Number of Branches
900
2000
5paisa Vs Nirmal Bang Charges
5paisa
Nirmal Bang
Trading Account Opening Fees
₹650
Rs 0
Trading Account AMC
₹0 (Free)
Rs 0
Demat Account Opening Fees
₹0 (Free)
Rs 0
Demat Account AMC
Free (₹400 from second year onward)
Rs 200
Demat Account is Mandatory?
No
No
5paisa Vs Nirmal Bang Brokerage
Brokerage Plan 1
5paisa
Nirmal Bang
Account Type
Standard Account
Basic Plan
Fixed Charges
Equity Delivery Brokerage
₹10 per executed order
0.2%
Equity Intraday Brokerage
₹10 per executed order
0.02%
Equity Futures Brokerage
₹10 per executed order
0.02%
Equity Options Brokerage
₹10 per executed order
Rs 35
Currency Futures Trading Brokerage
₹10 per executed order
0.02%
Currency Options Trading Brokerage
₹10 per executed order
Rs 20
Commodity Futures Trading Brokerage
₹10 per executed order
0.01%
Commodity Options Trading Brokerage
₹10 per executed order
Other Charges
Minimum Brokerage Charges
₹10 per executed order
Other Brokerage Charges
Call & Trade Charges
₹100 per call (any number of trades in a call)
5paisa Vs Nirmal Bang Taxes
5paisa
Nirmal Bang
Securities Transaction Tax (STT)
Equity Intraday
0.025% (on Sell trade)
Equity Delivery
0.1% (on Buy and Sell)
Equity Futures
0.01% (on Sell trade)
Equity Options
0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures
Nil
Currency Options
Nil
Commodities
0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
5paisa Vs Nirmal Bang Transaction Charges
5paisa
Nirmal Bang
Equity Delivery
₹325 per crore (0.00325%)
₹390
Equity Intraday
₹325 per crore (0.00325%)
₹390
Equity Futures
₹210 per crore (0.0021%)
₹240
Equity Options
₹5100 per crore (on premium) (0.051%)
₹5700
Currency Futures
₹210 per crore (0.0021%)
₹240
Currency Options
₹5100 per crore (on premium)(0.051%)
₹5700
Commodity
₹250
5paisa Vs Nirmal Bang Exposure Margin
5paisa
Nirmal Bang
Equity Delivery
Upto 4x (Category E 4x, A 3.5x, B 3x, C 2x, D 1.5x)
upto 10x
Equity Intraday
Up to 20x
Upto 4x
Equity Futures
Intra-day: 3.5x | Carry forward: 1x (no margin)
Upto 4x
Equity Options
Intra-day: 1x | Carry forward: 1x
Upto 2x for shorting
Currency Futures
Intra-day: 1 time | Carry forward: 1x
Upto 2x for shorting
Currency Options
Intra-day: 1x | Carry forward: 1x
Upto 3x
Commodity Futures
Upto 3x
Commodity Options
5paisa and Nirmal Bang Feature Comparison
5paisa
Nirmal Bang
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
5paisa Trade Station
Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time
3:10 PM
3:15
Other Features
Referral Program
5paisa Vs Nirmal Bang Review
5paisa
Nirmal Bang
48 Customer Reviews
14 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
5paisa is Rated 2.9 / 5 based on 48 customer reviews
Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
Contact Broker / Request A Call Back
5paisa Enquire
Nirmal Bang Enquire
Contact Broker
5paisa Vs Nirmal Bang Investment Options
5paisa
Nirmal Bang
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Mutual Funds, Insurance
5paisa Vs Nirmal Bang Customer Service
5paisa
Nirmal Bang
24/7 Customer Service
Onine Live Chat
Through Branches
5paisa Vs Nirmal Bang Order Type Offered
5paisa
Nirmal Bang
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
5paisa Vs Nirmal Bang Research Report
5paisa
Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
5paisa Vs Nirmal Bang Suitable For Investor Type
5paisa
Nirmal Bang
Casual Investor
Active Investor
Trader
5paisa Vs Nirmal Bang - Advantages and Disadvantages
5paisa
Nirmal Bang
Pros
Discount broker offering cheaper brokerage services. Pay just ₹10 per order.
Flat fee brokerage. No more worries about size of the trade.
Free trading software's including mobile app and trading terminal.
Up to 4 times exposure in Equity Delivery Trading.
Up to 20 times exposure in Equity Intraday Trading.
3.5 times exposure in Derivatives Intraday Trading.
Zerodha
Zero Account Opening Fee