5paisa Vs Nirmal Bang (Compare 5paisa and Nirmal Bang)

5paisa Vs Nirmal Bang

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 branches across India. Incorporated in 1986, Nirmal Bang is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, NMCE. It has 2000 branches across India.

	5paisa	Nirmal Bang
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE	BSE, NSE, MCX, NCDEX, NMCE
Year of Incorporation	1996	1986
Number of Branches	900	2000
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5paisa Vs Nirmal Bang Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Nirmal Bang account opening changes is Rs 0. 5paisa Demat Account AMC Charges is Rs 540 and Nirmal Bang Demat Account AMC Charges is Rs 200.

	5paisa	Nirmal Bang
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 540	Rs 200

5paisa Vs Nirmal Bang Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

	5paisa	Nirmal Bang
Account Type	Standard Plan	Basic Plan
Fixed Charges	NA	NA
Equity Delivery	Rs 20 per executed order	0.2%
Equity Intraday	Rs 20 per executed order	0.02%
Equity Futures	Rs 20 per executed order	0.02%
Equity Options	Rs 20 per executed order	Rs 35
Currency Futures	Rs 20 per executed order	0.02%
Currency Options	Rs 20 per executed order	Rs 20
Commodity Futures	Rs 20 per executed order	0.01%
Commodity Options	Rs 20 per executed order
Special Offer	Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

5paisa Vs Nirmal Bang Brokerage Plan 2

	5paisa	Nirmal Bang
Account Type	Power Investor Pack	Basic Plan
Fixed Charges	Rs 499 per month	NA
Equity Delivery	Rs 10 per executed order	0.2%
Equity Intraday	Rs 10 per executed order	0.02%
Equity Futures	Rs 10 per executed order	0.02%
Equity Options	Rs 2 per lot	Rs 35
Currency Futures	Rs 10 per executed order	0.02%
Currency Options	Rs 10 per executed order	Rs 20
Commodity Futures	Rs 10 per executed order	0.01%
Commodity Options	Rs 10 per executed order
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5paisa Vs Nirmal Bang Brokerage Plan 3

	5paisa	Nirmal Bang
Account Type	Ultra Trader Pack	Basic Plan
Fixed Charges	Rs 999 per month	NA
Equity Delivery	Rs 0 (Free)	0.2%
Equity Intraday	Rs 10 per executed order	0.02%
Equity Futures	Rs 10 per executed order	0.02%
Equity Options	Rs 2 per executed lot	Rs 35
Currency Futures	Rs 10 per executed order	0.02%
Currency Options	Rs 10 per executed order	Rs 20
Commodity Futures	Rs 10 per executed order	0.01%
Commodity Options	Rs 10 per executed order
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5paisa Charges Vs Nirmal Bang

Minimum Brokerage	Rs 20 per trade
Other Charges
Call & Trade Charges	Rs 100 per call (any number of trades in a call)

5paisa Vs Nirmal Bang Transaction Charges

5paisa transaction charges for options is Rs 5000 per crore (0.05%) (on premium) while Nirmal Bang exchange transaction charges for options is Rs 5700.

	5paisa	Nirmal Bang
Equity Delivery	Rs 325 per crore (0.00325%)	Rs 390
Equity Intraday	Rs 325 per crore (0.00325%)	Rs 390
Equity Futures	Rs 190 per crore (0.0019%)	Rs 240
Equity Options	Rs 5000 per crore (0.05%) (on premium)	Rs 5700
Currency Futures	Rs 190 per crore (0.0019%)	Rs 240
Currency Options	Rs 5000 per crore (0.05%) (on premium)	Rs 5700
Commodity	Grp A: 0.0026%	Rs 250
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5paisa Vs Nirmal Bang Leverage (Margin)

5paisa margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Nirmal Bang margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	5paisa	Nirmal Bang
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare 5paisa and Nirmal Bang Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.

	5paisa	Nirmal Bang
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	5paisa Trade Station (Web, Mobile App and EXE)	Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time	Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM	3:15
Other Features
Referral Program
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5paisa Vs Nirmal Bang Review

5paisa is rated 2.6 of 5 based on 83 customer reviews whereas Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews.

	5paisa	Nirmal Bang
	83 Customer Reviews	19 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	5paisa is rated 2.6 of 5 based on 83 customer reviews	Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews

5paisa Vs Nirmal Bang Investment Options

	5paisa	Nirmal Bang
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds, Insurance

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)
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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 - Pros and Cons

	5paisa	Nirmal Bang
Pros	Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade. Free trading software's including 5paisa mobile app and trading terminal. Brokerage free direct mutual funds.	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
Cons	Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call. Research and advisory is available at extra cost. Higher exchange turnover charges in comparison to other popular discount stock brokers. NRI Trading and Demat Account is not available.	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.
Reviews
Promo / Offers	5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order. Open Online Account Now! and start trading today.
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