Fyers Vs Nirmal Bang (Compare Fyers and Nirmal Bang)

The side-by-side comparison of Fyers and Nirmal Bang. Compare Fyers Vs Nirmal Bang brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Fyers vs Nirmal Bang?


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
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
Supported Exchnages NSE, MCX BSE, NSE, MCX, NCDEX, NMCE
Account Type Flat Fee Brokerage Plan Basic Plan
Year of Incorporation 2015 1986
Number of Branches 0 2000
Broker Enquiry Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Nirmal Bang. Leave your contact info and we will get in touch with you.
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Fyers Vs Nirmal Bang Charges & AMC

Fyers trading account opening charges is ₹400 (Free) while Nirmal Bang account opening changes is ₹0. Fyers Demat Account AMC Charges is ₹300 and Nirmal Bang Demat Account AMC Charges is ₹200.

  Fyers Nirmal Bang
Trading Account Opening Charges ₹400 (Free) ₹0
Trading Account AMC Charges ₹0 (Free) ₹0
Demat Account Opening Charges ₹0 (Free) ₹0
Demat Account AMC Charges ₹300 ₹200
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Fyers Vs Nirmal Bang Brokerage Charges & Plans

Fyers Vs Nirmal Bang Brokerage

Fyers brokerage charges for equity is ₹0 (Free) and intraday is ₹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
Equity Delivery Brokerage ₹0 (Free) 0.2%
Equity Intraday Brokerage ₹20 per executed order or .03% whichever is lower 0.02%
Equity Futures Brokerage ₹20 per executed order or .03% whichever is lower 0.02%
Equity Options Brokerage ₹20 per executed order ₹35
Currency Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.02%
Currency Options Trading Brokerage ₹20 per executed order ₹20
Commodity Futures Trading Brokerage ₹20 per executed order or .03% whichever is lower 0.01%
Commodity Options Trading Brokerage ₹20 per executed order
Special Offer
Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

Fyers Charges Vs Nirmal Bang

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

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

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

Fyers provides the margin of Up to 16x (based on the stock) for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.

  Fyers Nirmal Bang
Equity Delivery 1 times upto 10x
Equity Intraday Up to 16x (based on the stock) Upto 4x
Equity Futures Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure) Upto 4x
Equity Options Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x Upto 2x for shorting
Currency Futures Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) Upto 2x for shorting
Currency Options Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling) Upto 3x
Commodity Futures NA Upto 3x
Commodity Options
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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 Available 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 4.0 of 5 based on 14 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews.

  Fyers Nirmal Bang
  14 Customer Reviews    Rate Fyers 16 Customer Reviews    Rate Nirmal Bang
Fees 3.6 3.8
Trading Brokerage 4.0 3.4
Trading Platform Usability 3.6 2.6
Customer Service 4.3 2.3
Research Capabilities 2.0 2.5
Overall Ratings Rated 4.0 stars Rated 2.5 stars
Broker Rating Fyers is rated 4.0 of 5 based on 14 customer reviews Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews
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Contact Broker / Request A Call Back

  Fyers Enquire Nirmal Bang Enquire
Contact Broker

Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

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
Initial Public Offers (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 ₹20 per trade.
  • 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

Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.

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