Aditya Birla Money Vs Nirmal Bang (Compare Aditya Birla Money and Nirmal Bang)

Aditya Birla Money Vs Nirmal Bang

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 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.

	Aditya Birla Money	Nirmal Bang
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX, NMCE
Account Type		Basic Plan
Year of Incorporation	1994	1986
Number of Branches	800	2000
Broker Enquiry
	Enquire Aditya Birla Money	Enquire Nirmal Bang

Aditya Birla Money Vs Nirmal Bang Charges & AMC

Aditya Birla Money trading account opening charges is ₹750 while Nirmal Bang account opening changes is ₹0. Aditya Birla Money Demat Account AMC Charges is ₹436 and Nirmal Bang Demat Account AMC Charges is ₹200.

	Aditya Birla Money	Nirmal Bang
Trading Account Opening Charges	₹750	₹0
Trading Account AMC Charges	Nil	₹0
Demat Account Opening Charges	Nil	₹0
Demat Account AMC Charges	₹436	₹200

Aditya Birla Money Vs Nirmal Bang Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

	Aditya Birla Money	Nirmal Bang
Account Type		Basic Plan
Fixed Charges
Equity Delivery Brokerage	0.30%	0.2%
Equity Intraday Brokerage	0.03%	0.02%
Equity Futures Brokerage	0.03%	0.02%
Equity Options Brokerage	₹50 per lot	₹35
Currency Futures Trading Brokerage	0.03%	0.02%
Currency Options Trading Brokerage	₹50 per lot	₹20
Commodity Futures Trading Brokerage	0.03%	0.01%
Commodity Options Trading Brokerage	Nil
Special Offer

Aditya Birla Money Charges Vs Nirmal Bang

Minimum Brokerage Charges	₹20 per executed order
Other Brokerage Charges
Call & Trade Charges	Nil

Aditya Birla Money Vs Nirmal Bang Transaction Charges

Aditya Birla Money transaction charges for options is ₹5000 per Cr (0.05%) (on premium) while Nirmal Bang exchange transaction charges for options is ₹5700.

	Aditya Birla Money	Nirmal Bang
Equity Delivery	₹325 per Cr (0.00325%)	₹390
Equity Intraday	₹325 per Cr (0.00325%)	₹390
Equity Futures	₹190 per Cr (0.0019%)	₹240
Equity Options	₹5000 per Cr (0.05%) (on premium)	₹5700
Currency Futures	₹110 per Cr (0.0011%)	₹240
Currency Options	₹4000 per Cr (0.04%) (on premium)	₹5700
Commodity	MCX - ₹300 per Cr (0.003%) | NCDEX - ₹400 per Cr (0.004%)	₹250
	Enquire Aditya Birla Money	Enquire Nirmal Bang

Aditya Birla Money Vs Nirmal Bang Leverage (Margin)

Aditya Birla Money provides the margin of 15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.

	Aditya Birla Money	Nirmal Bang
Equity Delivery	Upto 5x with interest	upto 10x
Equity Intraday	15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product	Upto 4x
Equity Futures	Upto 3x	Upto 4x
Equity Options	Nil	Upto 2x for shorting
Currency Futures	3x	Upto 2x for shorting
Currency Options	Nil	Upto 3x
Commodity Futures	4x	Upto 3x
Commodity Options
	Enquire Aditya Birla Money	Enquire Nirmal Bang

Compare Aditya Birla Money and Nirmal Bang Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.

	Aditya Birla Money	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	Etrade, Advanced web, Mobile invest	Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time	3:15	3:15
Other Features	Insurance and Pension scheme available
Referral Program
	Enquire Aditya Birla Money	Enquire Nirmal Bang

Aditya Birla Money Vs Nirmal Bang Review

Aditya Birla Money is rated 2.7 of 5 based on 13 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews.

	Aditya Birla Money	Nirmal Bang
	13 Customer Reviews	16 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Aditya Birla Money is rated 2.7 of 5 based on 13 customer reviews	Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews

Aditya Birla Money Vs Nirmal Bang Investment Options

	Aditya Birla Money	Nirmal Bang
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Mutual Funds

Aditya Birla Money Vs Nirmal Bang Order Type Offered

	Aditya Birla Money	Nirmal Bang
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Aditya Birla Money	Enquire Nirmal Bang

Aditya Birla Money Vs Nirmal Bang Research Report

	Aditya Birla Money	Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Aditya Birla Money Vs Nirmal Bang Suitable For Investor Type

	Aditya Birla Money	Nirmal Bang
Casual Investor
Active Investor
Trader

Aditya Birla Money Vs Nirmal Bang - Pros and Cons

	Aditya Birla Money	Nirmal Bang
Pros	ABM offers 2 in 1 account which is Trading cum Demat account No Call and Trade charges Fund transfer facility available from more than 11 banks ABM offers Portfolio Tracker which is one stop shop for your entire portfolio	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	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program	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
	Enquire Aditya Birla Money	Enquire Nirmal Bang