5paisa Vs Nirmal Bang Share Broker Comparison
The side-by-side comparison of 5paisa Capital Ltd and Nirmal Bang Securities Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between 5paisa and Nirmal Bang's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among 5paisa and Nirmal Bang.
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
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| About the Broker |
5paisa is a Mumbai based discount stock 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 Infoline, the...  |
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
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Discount Broker |
Full Service Broker |
| Supported Exchnage
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NSE, BSE |
BSE, NSE, MCX, NCDEX, NMCE |
| Account Type
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Standard Account |
Basic Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| Trading Account Opening Fees
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₹650 |
Rs 0 |
| Trading Account AMC
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₹0 (Free) |
Rs 0 |
| Demat Account Opening Fees
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₹0 (Free) |
Rs 0 |
| Demat Account AMC
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₹400 |
Rs 200 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| Account Type |
Standard Account |
Basic Plan |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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₹10 per trader |
0.2% |
| Equity Intraday Brokerage
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₹10 per trader |
0.02% |
| Equity Futures Brokerage
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₹10 per trader |
0.02% |
| Equity Options Brokerage
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₹10 per trader |
Rs 35 |
| Currency Futures Trading Brokerage
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₹10 per trader |
0.02% |
| Currency Options Trading Brokerage
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₹10 per trader |
Rs 20 |
| Commodity Futures Trading Brokerage
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NA |
0.01% |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹10 per trade |
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| Other Brokerage Charges
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| Call & Trade Charges
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₹100 per call (any number of trades in a call) |
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Taxes
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| Equity Delivery
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₹325 per crore (0.00325%) |
₹390 |
| Equity Intraday
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₹325 per crore (0.00325%) |
₹390 |
| Equity Futures
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₹210 per crore (0.0021%) |
₹240 |
| Equity Options
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₹5100 per crore (on premium) (0.051%) |
₹5700 |
| Currency Futures
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₹210 per crore (0.0021%) |
₹240 |
| Currency Options
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₹5100 per crore (on premium)(0.051%) |
₹5700 |
| Commodity
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NA |
₹250 |
Exposure
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| Equity Delivery
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Up to 3.5 times |
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| Equity Intraday
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Up to 20 times |
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| Equity Futures
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Intra-day 3 times | Delivery: 1 time |
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| Equity Options
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Intra-day 1 time | Delivery: 1 time |
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| Currency Futures
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Intra-day 1 time | Delivery: 1 time |
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| Currency Options
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Intra-day 1 time | Delivery: 1 time |
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| Commodity
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NA |
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Share Broker Features
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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5paisa Trade Station |
Odin Diet |
| Intraday Square-off Time
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3:10 PM |
3:15 |
| Other Features
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Broker Ratings (Average User Rating)
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
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38 Customer Reviews  |
14 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
5paisa is Rated 2.9 / 5 based on 38 customer reviews |
Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance, Mutual Funds |
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Customer Service Offered
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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5paisa Capital Ltd |
Nirmal Bang Securities Pvt Ltd |
| Pros
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- Discount broker offering cheaper brokerage services. Pay just Rs 10 per order.
- Flat fee brokerage. No more worries about size of the trade.
- Free trading software's including mobile app and trading terminal.
- 20 times exposure in Equity Intraday Trading.
- 3 times exposure in Derivatives Intraday Trading.
More Advantages... |
- Low bandwidth option for anywhere access
- Free research report subscription
- 24X7 access to back-office
- Instant Fund transfer
- Multiple market watch facility with streaming quotes (Live Market Rates*)
- Trader can review their Margin Status, Holding Report, Order and Trade Book on a real time basis
More Advantages... |
| Cons
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- Commodity trading at MCX and NCDEX is not available.
- Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
- Higher exchange turnover charges in comparison to other popular discount stock brokers.
- Higher demat debit charges (₹25 per transaction)
- NRI Trading and Demat Account is not available.
More Disadvantages... |
- Nirmal Bang doesn't offer 3 in 1 account.
- Brokerage rates are negotiable.
- Nirmal Bang doesn't have Brokerage calculator and Margin Calculator.
- Instant Fund withdrawal is not available
- Nirmal Bang is a full services broker so the brokerage charged by them is higher than the discount brokers.
More Disadvantages... |
| Reviews
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| Promo / Offers
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Free - Mutual Fund Account + 1st year Demat AMC
Open 5Paisa Trading Account & get FREE Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 10 per order.
Get this limited time offer |
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Enquire about 5paisa
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Enquire about Nirmal Bang
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