Beeline Vs Nirmal Bang (Compare Beeline and Nirmal Bang)

Beeline Vs Nirmal Bang

Incorporated in , Beeline is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 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.

	Beeline	Nirmal Bang
Type of Broker	Discount Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX, NMCE
Account Type	Discount Brokerage Plan	Basic Plan
Year of Incorporation		1986
Number of Branches		2000
Broker Enquiry
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Beeline Vs Nirmal Bang Charges & AMC

Beeline trading account opening charges is Nil while Nirmal Bang account opening changes is ₹0. Beeline Demat Account AMC Charges is Zero AMC with one time ₹876 fee and Nirmal Bang Demat Account AMC Charges is ₹200.

	Beeline	Nirmal Bang
Trading Account Opening Charges	Nil	₹0
Trading Account AMC Charges	Nil	₹0
Demat Account Opening Charges	Nil	₹0
Demat Account AMC Charges	Zero AMC with one time ₹876 fee	₹200

Beeline Vs Nirmal Bang Brokerage

Beeline brokerage charges for equity is ₹18 per executed order and intraday is ₹18 per executed order whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

	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

Beeline Vs Nirmal Bang 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
	Enquire Beeline	Enquire Nirmal Bang

Beeline Charges Vs Nirmal Bang

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 Transaction Charges

Beeline transaction charges for options is NSE ₹5600 per Cr (0.056%) while Nirmal Bang exchange transaction charges for options is ₹5700.

	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
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Beeline Vs Nirmal Bang Leverage (Margin)

Beeline provides the margin of 10 times for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.

	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
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Compare Beeline and Nirmal Bang Features

The trading platforms offered Beeline include NSE Now, ODIN (My Armour). Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.

	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
	Enquire Beeline	Enquire Nirmal Bang

Beeline Vs Nirmal Bang Review

Beeline is rated 4.0 of 5 based on 2 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews.

	Beeline	Nirmal Bang
	2 Customer Reviews	16 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Beeline is rated 4.0 of 5 based on 2 customer reviews	Nirmal Bang is rated 2.5 of 5 based on 16 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 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)
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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 - Pros and Cons

	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.	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	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.	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	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
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