Beeline Vs Nirmal Bang (Compare Beeline and Nirmal Bang)
The side-by-side comparison of Beeline and Nirmal Bang. Compare Beeline Vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Nirmal Bang and Beeline review.
Find out Beeline Vs Nirmal Bang which is better and Beeline Vs Nirmal Bang which is best.
Our Beeline Broking Limited comparison with Nirmal Bang Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Beeline and Nirmal Bang.
Beeline Vs Nirmal Bang
Beeline
Nirmal Bang
Find more info about broker
About the Broker
Beeline Broking Ltd is an online Discount Stock Broker. Beeline offers trading & investment at BSE, NSE, MCX and NCDEX exchanges. Beeline offers investment across segments including Equity, Derivative, Currency Derivatives, Commodity and Insurance.
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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
BSE, NSE, MCX, NCDEX
BSE, NSE, MCX, NCDEX, NMCE
Account Type
Discount Brokerage Plan
Basic Plan
Broker Enquiry
Year of Incorporation
1986
Number of Branches
2000
Enquire Beeline
Enquire Nirmal Bang
Beeline Vs Nirmal Bang Charges
Beeline
Nirmal Bang
Trading Account Opening Fees
Nil
₹0
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
Zero AMC with one time ₹876 fee
₹200
Demat Account is Mandatory?
No
No
Beeline Vs Nirmal Bang Brokerage
Brokerage Plan 1
Beeline
Nirmal Bang
Account Type
Discount Brokerage Plan
Basic Plan
Fixed Charges
NA
Equity Delivery Brokerage
₹18 per executed order
0.2%
Equity Intraday Brokerage
₹18 per executed order
0.02%
Equity Futures Brokerage
₹18 per executed order
0.02%
Equity Options Brokerage
₹18 per executed order
₹35
Currency Futures Trading Brokerage
₹18 per executed order
0.02%
Currency Options Trading Brokerage
₹18 per executed order
₹20
Commodity Futures Trading Brokerage
₹18 per executed order
0.01%
Commodity Options Trading Brokerage
Special Offer
Brokerage Plan 2
Beeline
Nirmal Bang
Account Type
Traditional Brokerage Plan
Basic Plan
Fixed Charges
NA
NA
Equity Delivery Brokerage
As per margin
0.2%
Equity Intraday Brokerage
As per margin
0.02%
Equity Futures Brokerage
As per margin
0.02%
Equity Options Brokerage
As per margin
₹35
Currency Futures Trading Brokerage
As per margin
0.02%
Currency Options Trading Brokerage
As per margin
₹20
Commodity Futures Trading Brokerage
As per margin
0.01%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹18 per executed order
Other Brokerage Charges
Software Charges at ₹150 per segment
Call & Trade Charges
₹20 per executed order
Beeline Vs Nirmal Bang Taxes
Beeline
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.
Beeline Vs Nirmal Bang Transaction Charges
Beeline
Nirmal Bang
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
₹390
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
₹390
Equity Futures
NSE ₹215 per Cr (0.00215%)
₹240
Equity Options
NSE ₹5600 per Cr (0.056%)
₹5700
Currency Futures
NSE ₹135 per Cr (0.00135%)
₹240
Currency Options
NSE ₹4600 per Cr (0.046%)
₹5700
Commodity
MCX ₹260 per Cr (0.0026%)| NCDEX ₹400 per Cr (0.004%)
₹250
Beeline Vs Nirmal Bang Exposure Margin
Beeline
Nirmal Bang
Equity Delivery
1 times
upto 10x
Equity Intraday
10 times
Upto 4x
Equity Futures
3 times
Upto 4x
Equity Options
Selling: 3 times | Buying: 1 times
Upto 2x for shorting
Currency Futures
2 times
Upto 2x for shorting
Currency Options
Selling: 2 times | Buying: 1 times
Upto 3x
Commodity Futures
MCX Futres: 3 times | NCDEX Futures: 1 times
Upto 3x
Commodity Options
Beeline and Nirmal Bang Feature Comparison
Beeline
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
NSE Now, ODIN (My Armour)
Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time
3:15 PM
3:15
Other Features
Referral Program
Beeline Vs Nirmal Bang Review
Beeline
Nirmal Bang
2 Customer Reviews
14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Beeline is Rated 4.0 / 5 based on 2 customer reviews Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
Beeline Vs Nirmal Bang Investment Options
Beeline
Nirmal Bang
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Beeline Vs Nirmal Bang Customer Service
Beeline
Nirmal Bang
24/7 Customer Service
Onine Live Chat
Through Branches
Beeline Vs Nirmal Bang Order Type Offered
Beeline
Nirmal Bang
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Beeline Vs Nirmal Bang Research Report
Beeline
Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Beeline Vs Nirmal Bang Suitable For Investor Type
Beeline
Nirmal Bang
Casual Investor
Active Investor
Trader
Beeline Vs Nirmal Bang - Advantages and Disadvantages
Beeline
Nirmal Bang
Pros
Online Discount Stock and Commodity Broker.
Brokerage Fee: Flat ₹18 per executed order in Eq F&O, Curr F&O and Commodity Futures.
Rs 0 AMC Demat account when paid Rs 876 one time fee.
NSE Now and ODIN trading software.
Dedicated relationship managers are available.
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
Software uses changes at ₹150 per segment.
Call & Trade is not free. It is charged at ₹20 per order.
Unlike Zerodha and RKSV, Beeline doesn't have its own trading platform.
Doesn't offer local customer service as it doesn't have branch offices.
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
Beeline Broking is India based broker engaged in stock and commodity trading. Beeline is a discount stock broker offering flat rate (Rs 18 per executed order) brokerage plan. Beeline offers industry standard NSE NOW and ODIN trading platform. Beeline also offer depository services (demat account) and online insurances. Beeline is based in Ahmadabad, Gujarat.
Promo / Offers
Zerodha
Zero Account Opening Fee