Edelweiss Vs Nirmal Bang (Compare Edelweiss and Nirmal Bang)

Edelweiss Vs Nirmal Bang

Incorporated in 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 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.

	Edelweiss	Nirmal Bang
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX, NMCE
Account Type	Edelweiss Lite	Basic Plan
Year of Incorporation	2002	1986
Number of Branches	237	2000
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Edelweiss Vs Nirmal Bang Charges & AMC

Edelweiss trading account opening charges is ₹0 (Free) while Nirmal Bang account opening changes is ₹0. Edelweiss Demat Account AMC Charges is ₹500 (1st Year Free) and Nirmal Bang Demat Account AMC Charges is ₹200.

	Edelweiss	Nirmal Bang
Trading Account Opening Charges	₹0 (Free)	₹0
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0 (Free)	₹0
Demat Account AMC Charges	₹500 (1st Year Free)	₹200

Edelweiss Vs Nirmal Bang Brokerage

Edelweiss brokerage charges for equity is ₹10 per executed order and intraday is ₹10 per executed order whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

	Edelweiss	Nirmal Bang
Account Type	Edelweiss Lite	Basic Plan
Fixed Charges	NA
Equity Delivery Brokerage	₹10 per executed order	0.2%
Equity Intraday Brokerage	₹10 per executed order	0.02%
Equity Futures Brokerage	₹10 per executed order	0.02%
Equity Options Brokerage	₹10 per executed order	₹35
Currency Futures Trading Brokerage	₹10 per executed order	0.02%
Currency Options Trading Brokerage	₹10 per executed order	₹20
Commodity Futures Trading Brokerage		0.01%
Commodity Options Trading Brokerage
Special Offer	Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

Edelweiss Vs Nirmal Bang Brokerage Plan 2

	Edelweiss	Nirmal Bang
Account Type	Edelweiss Elite	Basic Plan
Fixed Charges		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	₹75 per lot	₹35
Currency Futures Trading Brokerage	0.02%	0.02%
Currency Options Trading Brokerage	₹22 per lot	₹20
Commodity Futures Trading Brokerage		0.01%
Commodity Options Trading Brokerage
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Edelweiss Charges Vs Nirmal Bang

Minimum Brokerage Charges	0.03% Equity delivery, 0.01% Intra-day and Futures
Other Brokerage Charges	Margin Funding: 0.08%/day, Research: ₹50 per month,
Call & Trade Charges	₹20 per call

Edelweiss Vs Nirmal Bang Transaction Charges

Edelweiss transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium) while Nirmal Bang exchange transaction charges for options is ₹5700.

	Edelweiss	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 ₹190 per Cr (0.0019%) | BSE ₹190 per Cr (0.0019%) (each side)	₹240
Equity Options	NSE ₹5000 per Cr (0.05%) | BSE ₹5000 per Cr (0.05%) (on premium)	₹5700
Currency Futures	NSE ₹115 per Cr (0.00115%) | BSE ₹115 per Cr (0.00115%)	₹240
Currency Options	₹4000 per Cr (0.04%) (on premium)	₹5700
Commodity		₹250
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Edelweiss Vs Nirmal Bang Leverage (Margin)

Edelweiss provides the margin of Up to 40x for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.

	Edelweiss	Nirmal Bang
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
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Compare Edelweiss and Nirmal Bang Features

The trading platforms offered Edelweiss include Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress. Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.

	Edelweiss	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	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
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Edelweiss Vs Nirmal Bang Review

Edelweiss is rated 3.0 of 5 based on 51 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews.

	Edelweiss	Nirmal Bang
	51 Customer Reviews	16 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Edelweiss is rated 3.0 of 5 based on 51 customer reviews	Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews

Edelweiss Vs Nirmal Bang Investment Options

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

Edelweiss Vs Nirmal Bang Order Type Offered

	Edelweiss	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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Edelweiss Vs Nirmal Bang Research Report

	Edelweiss	Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Edelweiss Vs Nirmal Bang Suitable For Investor Type

	Edelweiss	Nirmal Bang
Casual Investor
Active Investor
Trader

Edelweiss Vs Nirmal Bang - Pros and Cons

	Edelweiss	Nirmal Bang
Pros	Full-service broker offering discount brokerage plan. Trade at flat ₹10 per executed order across all segments in Edelweiss Lite Plan. Instant online account opening: Open your Investing & Trading account in less than 15 minutes. Offer commodity trading on the same trading platform. Free research and trading tips call to all the customers. Online IPO application.	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	The bracket orders are not available. Good Till canceled orders are not available. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures Call & Trade is available at an additional cost of ₹20 per call.	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	Edelweiss Lite (Discount Brokerage Plan) + Free Trading & Demat Account (for limited time only) Edelweiss offers FREE Trading + Demat Account. Get a discount trading plan offering trading @ ₹10 per order 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.
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