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Fyers Vs Nirmal Bang (Compare Fyers and Nirmal Bang)


Fyers Securities Ltd Logo

Fyers
Incorporated in 2015, Fyers Securities is a Bangalore based online discount stock broker. Fyers offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE. FYERS word is an acronym of 'Focus Your Energy & Reform the Self', representing the core values of the company. The company is founded by young entrepreneurs who believes in building the best trading platforms, being transparent and keeping the cost of trading at its lowest in India. Fyers is a low brokerage stock broker in... Know more about Fyers Securities Ltd


Nirmal Bang Securities Pvt Ltd Logo

Nirmal Bang
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 Kishore Bang. Nirmal Bang offers trading services in equities, derivatives, commodities and currency. Stock trading is offered to retail clients through multiple channels including online trading in the BSE and the NSE. In addition to those services, the... Know more about Nirmal Bang Securities Pvt Ltd

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Fyers Vs Nirmal Bang

Incorporated in 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 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.

  Fyers Nirmal Bang
Type of Broker Discount Broker Full Service Broker
Exchnage Membership NSE, MCX BSE, NSE, MCX, NCDEX, NMCE
Year of Incorporation 2015 1986
Number of Branches 0 2000
Open an Online Trading Account with Fyers.Open an Online Trading Account with Nirmal Bang.
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Fyers Vs Nirmal Bang Charges & AMC

Fyers trading account opening charges is Rs 0 (Free) while Nirmal Bang account opening changes is Rs 0. Fyers Demat Account AMC Charges is Rs 300 and Nirmal Bang Demat Account AMC Charges is Rs 200.

  Fyers Nirmal Bang
Trading Account Opening Charges Rs 0 (Free) Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 300 Rs 200
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Fyers Vs Nirmal Bang Brokerage Charges & Plans

Fyers Vs Nirmal Bang Brokerage

Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

  Fyers Nirmal Bang
Account Type Flat Fee Brokerage Plan Basic Plan
Fixed Charges NA NA
Equity Delivery Rs 0 (Free) 0.2%
Equity Intraday Rs 20 per executed order or .03% whichever is lower 0.02%
Equity Futures Rs 20 per executed order or .03% whichever is lower 0.02%
Equity Options Rs 20 per executed order Rs 35
Currency Futures Rs 20 per executed order or .03% whichever is lower 0.02%
Currency Options Rs 20 per executed order Rs 20
Commodity Futures Rs 20 per executed order or .03% whichever is lower 0.01%
Commodity Options Rs 20 per executed order
Special Offer
Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Fyers Charges Vs Nirmal Bang

Minimum Brokerage Intra-day: Rs 7 or 2.5% whichever is lower
Other Charges Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges Rs 20 per trade
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Fyers Vs Nirmal Bang Transaction Charges

Fyers transaction charges for options is Rs 5900 per Cr (on premium) (0.059%) while Nirmal Bang exchange transaction charges for options is Rs 5700.

  Fyers Nirmal Bang
Equity Delivery Rs 325 per Cr (0.00325%) Rs 390
Equity Intraday Rs 325 per Cr (0.00325%) Rs 390
Equity Futures Rs 240 per Cr (0.0024%) Rs 240
Equity Options Rs 5900 per Cr (on premium) (0.059%) Rs 5700
Currency Futures Rs 240 per Cr (0.0024%) Rs 240
Currency Options Rs 5900 per Cr (on premium) (0.059%) Rs 5700
Commodity NA Rs 250
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Fyers Vs Nirmal Bang Leverage (Margin)

Fyers margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Nirmal Bang margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Fyers Nirmal Bang
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Fyers and Nirmal Bang Features

The trading platforms offered Fyers include Fyers One (In-house build). Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.

  Fyers Nirmal Bang
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No Yes
Online Demo No Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Fyers One (In-house build) Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time 3:20 PM 3:15
Other Features Brokerage free thematic investing is available
Referral Program Yes
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Fyers Vs Nirmal Bang Review

Fyers is rated 3.2 of 5 based on 21 customer reviews whereas Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews.

  Fyers Nirmal Bang
  21 Customer Reviews    Rate Fyers 19 Customer Reviews    Rate Nirmal Bang
Fees 3.3 3.6
Brokerage 3.7 3.5
Trading Platform 3.2 2.6
Customer Service 3.4 2.3
Research Capabilities 1.7 3.0
Overall Ratings Rated 3.2 stars Rated 2.6 stars
Broker Rating Fyers is rated 3.2 of 5 based on 21 customer reviews Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews
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Contact Broker / Request A Call Back

  Fyers Enquire Nirmal Bang Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today. Leave your contact information and we will get in touch with you....
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Fyers Vs Nirmal Bang Investment Options

  Fyers Nirmal Bang
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO No Yes
Mutual Funds No Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options
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Fyers Vs Nirmal Bang Order Type Offered

  Fyers Nirmal Bang
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes
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Fyers Vs Nirmal Bang Research Report

  Fyers Nirmal Bang
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Fyers Vs Nirmal Bang Suitable For Investor Type

  Fyers Nirmal Bang
Casual Investor Yes
Active Investor Yes
Trader Yes
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Fyers Vs Nirmal Bang - Pros and Cons

  Fyers Nirmal Bang
Pros
  • Free equity delivery trades and thematic investments. No brokerage for this segment.
  • Very low brokerage charges of maximum Rs 20 per trade.
  • Free account opening.
  • No software charges.
  • State of art trading platforms.
  • Thematic investment is available
  • Refer your friends and earn 20% of the revenues generated by your friends, for life!
  1. Low bandwidth option for anywhere access
  2. Free research report subscription
  3. 24X7 access to back-office
  4. Instant Fund transfer
  5. Multiple market watch facility with streaming quotes (Live Market Rates*)
  6. Trader can review their Margin Status, Holding Report, Order and Trade Book on a real time basis
Cons
  • Depository services are offered through another company (IL&FS). Higher demat charges.
  • No branch offices.
  • No good 'til canceled (GTC) orders.
  1. Nirmal Bang doesn't offer 3 in 1 account.
  2. Brokerage rates are negotiable.
  3. Nirmal Bang doesn't have Brokerage calculator and Margin Calculator.
  4. Instant Fund withdrawal is not available
  5. Nirmal Bang is a full services broker so the brokerage charged by them is higher than the discount brokers.
Reviews
Promo / Offers

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O.
  • Brokerage-free Direct Mutual Fund investment.
  • Trade with one of the best trading platforms in India.

This is a limited-time offer. Open FREE Fyers Account online and start trading today.

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Fyers Nirmal Bang
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