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...
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 | |
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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 |
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Enquire Fyers | 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 | |
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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 | |
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Account Type | Flat Fee Brokerage Plan | Basic Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | Rs 0 (Free) | 0.2% |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.02% |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.02% |
Equity Options Brokerage | Rs 20 per executed order | Rs 35 |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.02% |
Currency Options Trading Brokerage | Rs 20 per executed order | Rs 20 |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.01% |
Commodity Options Trading Brokerage | Rs 20 per executed order | |
Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Max flat Rs 20 Intra-day and F&O trades. Get the offer |
Minimum Brokerage Charges | Intra-day: Rs 7 or 2.5% whichever is lower | |
Other Brokerage 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 | |
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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 |
Enquire Fyers | Enquire Nirmal Bang |
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 | |
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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 | ||
Enquire Fyers | 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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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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 Available | ![]() |
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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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Enquire Fyers | Enquire Nirmal Bang |
Fyers is rated 3.4 of 5 based on 18 customer reviews whereas Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews.
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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Enquire Fyers | Enquire Nirmal Bang |
Fyers | Nirmal Bang | |
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Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 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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Enquire Fyers | Enquire Nirmal Bang |
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