Edelweiss Vs Nirmal Bang (Compare Edelweiss and Nirmal Bang)
The side-by-side comparison of Edelweiss and Nirmal Bang. Compare Edelweiss Vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Nirmal Bang and Edelweiss review.
Find out Edelweiss Vs Nirmal Bang which is better and Edelweiss Vs Nirmal Bang which is best.
Our Edelweiss Broking Ltd comparison with Nirmal Bang Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Edelweiss and Nirmal Bang.
Incorporated in 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate.
The Retail Broking business...
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
Full Service 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
2002
1986
Number of Branches
237
2000
Edelweiss Vs Nirmal Bang Charges
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Trading Account Opening Fees
₹750
Rs 0
Trading Account AMC
₹0
Rs 0
Demat Account Opening Fees
₹0
Rs 0
Demat Account AMC
₹500
Rs 200
Demat Account is Mandatory?
No
No
Edelweiss Vs Nirmal Bang Brokerage
Brokerage Plan 1
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Account Type
Discount Brokerage Plan
Basic Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.01%
0.2%
Equity Intraday Brokerage
0.01%
0.02%
Equity Futures Brokerage
₹5 per lot
0.02%
Equity Options Brokerage
₹5 per lot
Rs 35
Currency Futures Trading Brokerage
₹5 per lot
0.02%
Currency Options Trading Brokerage
₹5 per lot
Rs 20
Commodity Futures Trading Brokerage
0.01%
Commodity Options Trading Brokerage
Brokerage Plan 2
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Account Type
Prepaid Plan (₹12,000 for 12 months)
Basic Plan
Fixed Charges
₹12,000 + ₹1,800 (Service tax)
NA
Equity Delivery Brokerage
0.30%
0.2%
Equity Intraday Brokerage
0.03%
0.02%
Equity Futures Brokerage
0.03%
0.02%
Equity Options Brokerage
₹90 per lot
Rs 35
Currency Futures Trading Brokerage
0.04%
0.02%
Currency Options Trading Brokerage
₹22 per lot
Rs 20
Commodity Futures Trading Brokerage
0.01%
Commodity Options Trading Brokerage
Brokerage Plan 3
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Account Type
Prepaid Plan (₹1,12,000 for 12 months)
Basic Plan
Fixed Charges
₹1,12,000 + ₹16,800 (Service tax)
NA
Equity Delivery Brokerage
0.10%
0.2%
Equity Intraday Brokerage
0.01%
0.02%
Equity Futures Brokerage
0.01%
0.02%
Equity Options Brokerage
₹25 per lot
Rs 35
Currency Futures Trading Brokerage
0.01%
0.02%
Currency Options Trading Brokerage
₹6 per lot
Rs 20
Commodity Futures Trading Brokerage
0.01%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
3 paisa per share in delivery, 1 paisa per share on Intraday and Futures
Other Brokerage Charges
Call & Trade Charges
Free
Edelweiss Vs Nirmal Bang Taxes
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
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)
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
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Edelweiss Vs Nirmal Bang Transaction Charges
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Equity Delivery
NSE ₹325 | BSE ₹275
₹390
Equity Intraday
NSE ₹325 | BSE ₹275
₹390
Equity Futures
NSE ₹190 | BSE ₹190
₹240
Equity Options
NSE ₹5000 | BSE ₹5000
₹5700
Currency Futures
NSE ₹115 | BSE ₹115
₹240
Currency Options
NSE ₹4000 | BSE ₹4000
₹5700
Commodity
₹250
Edelweiss Vs Nirmal Bang Exposure Margin
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Equity Delivery
Up to 10x
upto 10x
Equity Intraday
Up to 40x
Upto 4x
Equity Futures
40x
Upto 4x
Equity Options
Nil
Upto 2x for shorting
Currency Futures
1.5x
Upto 2x for shorting
Currency Options
Nil
Upto 3x
Commodity Futures
Up to 6x
Upto 3x
Commodity Options
Edelweiss and Nirmal Bang Feature Comparison
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
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
Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time
3:00 PM
3:15
Other Features
Referral Program
Edelweiss Vs Nirmal Bang Review
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
22 Customer Reviews
14 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Edelweiss is Rated 2.3 / 5 based on 22 customer reviews
Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
Contact Broker / Request A Call Back
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Contact / Request Call Back
Edelweiss Vs Nirmal Bang Investment Options
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Note: IPO
Edelweiss Vs Nirmal Bang Customer Service
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
24/7 Customer Service
Onine Live Chat
Through Branches
Edelweiss Vs Nirmal Bang Order Type Offered
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Edelweiss Vs Nirmal Bang Research Report
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Edelweiss Vs Nirmal Bang Suitable For Investor Type
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Casual Investor
Active Investor
Trader
Edelweiss Vs Nirmal Bang - Advantages and Disadvantages
Edelweiss Broking Ltd
Nirmal Bang Securities Pvt Ltd
Pros
1. Full service broker offering discount brokerage plan.
2. Offer commodity trading on the same trading trading platform.
3. Free research and trading tips calls to all the customers.
1. IPO cannot be applied online.
2. Bracket order is not available.
3. Good Till cancelled orders are not available.
4. Higher brokerage in prepaid brokerage plans of Rs 12k and Rs 1.12L for 12 months.
Edelweiss Discount Brokerage Plan + Free Trading & Demat Account (for limited time only)
Edelweiss offers FREE Trading + Demat Account (₹750 waived). Get a discount trading plan offering equity trading @ 0.01% and F&O @ Rs 5 per lot flat rate. Save over 60% on brokerage in comparison of other full-service brokers.
This is a limited time offer. Simply leave your contact information with us and Edelweiss representatives will contact you.
Zerodha
Zero Account Opening Fee