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Edelweiss
5Paisa
IIFL Sec
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Fyers
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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... 
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...
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 |
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| Open Fyers Account | Enquire Nirmal Bang |
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 |
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. |
| 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 |
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 |
| Open Fyers Account | Enquire Nirmal Bang |
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) |
| Open Fyers Account | Enquire Nirmal Bang |
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 |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| 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 | |
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| Open Fyers Account | Enquire Nirmal Bang |
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  |
19 Customer Reviews |
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| 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 |
| 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.... |
| Fyers | Nirmal Bang | |
|---|---|---|
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| Commodity | |
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| IPO | |
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| Bond / NCD | |
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| Fyers | Nirmal Bang | |
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| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open Fyers Account | Enquire Nirmal Bang |
| Fyers | Nirmal Bang | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Fyers | Nirmal Bang | |
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| Casual Investor | |
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| Active Investor | |
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| Fyers | Nirmal Bang | |
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| Promo / Offers | Free Equity Delivery Trading and Mutual Funds
This is a limited-time offer. Open FREE Fyers Account online and start trading today. |
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| Open Fyers Account | Enquire Nirmal Bang |
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
Open Fyers Account
