IDBI Capital Vs Nirmal Bang (Compare IDBI Capital and Nirmal Bang)

IDBI Capital Vs Nirmal Bang

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 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.

	IDBI Capital	Nirmal Bang
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, NSDL	BSE, NSE, MCX, NCDEX, NMCE
Account Type	Standard Plan	Basic Plan
Year of Incorporation	1993	1986
Number of Branches	14	2000
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IDBI Capital Vs Nirmal Bang Charges & AMC

IDBI Capital trading account opening charges is ₹500 while Nirmal Bang account opening changes is ₹0. IDBI Capital Demat Account AMC Charges is ₹450 and Nirmal Bang Demat Account AMC Charges is ₹200.

	IDBI Capital	Nirmal Bang
Trading Account Opening Charges	₹500	₹0
Trading Account AMC Charges	NIL	₹0
Demat Account Opening Charges	NIL	₹0
Demat Account AMC Charges	₹450	₹200

IDBI Capital Vs Nirmal Bang Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

	IDBI Capital	Nirmal Bang
Account Type	Standard Plan	Basic Plan
Fixed Charges
Equity Delivery Brokerage	0.50%	0.2%
Equity Intraday Brokerage	0.05%	0.02%
Equity Futures Brokerage	0.05%	0.02%
Equity Options Brokerage	₹100 per lot	₹35
Currency Futures Trading Brokerage	NA	0.02%
Currency Options Trading Brokerage	NA	₹20
Commodity Futures Trading Brokerage	NA	0.01%
Commodity Options Trading Brokerage	NA
Special Offer

IDBI Capital Vs Nirmal Bang Brokerage Plan 2

	IDBI Capital	Nirmal Bang
Account Type	Ace Trader Plan	Basic Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.10% to 0.50%	0.2%
Equity Intraday Brokerage	0.020% to 0.050%	0.02%
Equity Futures Brokerage	0.020% to 0.048%	0.02%
Equity Options Brokerage	₹100 per lot	₹35
Currency Futures Trading Brokerage		0.02%
Currency Options Trading Brokerage		₹20
Commodity Futures Trading Brokerage		0.01%
Commodity Options Trading Brokerage
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IDBI Capital Charges Vs Nirmal Bang

Minimum Brokerage Charges	₹25 per trade or 2.5% of the trade value whichever is lower.
Other Brokerage Charges
Call & Trade Charges	Nil

IDBI Capital Vs Nirmal Bang Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while Nirmal Bang exchange transaction charges for options is ₹5700.

	IDBI Capital	Nirmal Bang
Equity Delivery	0.00325%	₹390
Equity Intraday	0.00325%	₹390
Equity Futures	0.0019%	₹240
Equity Options	0.051% on premium	₹5700
Currency Futures	NA	₹240
Currency Options	NA	₹5700
Commodity	NA	₹250
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IDBI Capital Vs Nirmal Bang Leverage (Margin)

IDBI Capital provides the margin of Upto 4x for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.

	IDBI Capital	Nirmal Bang
Equity Delivery	Nil	upto 10x
Equity Intraday	Upto 4x	Upto 4x
Equity Futures	Nil	Upto 4x
Equity Options	Nil	Upto 2x for shorting
Currency Futures	Nil	Upto 2x for shorting
Currency Options	Nil	Upto 3x
Commodity Futures	Nil	Upto 3x
Commodity Options
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Compare IDBI Capital and Nirmal Bang Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.

	IDBI Capital	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	Power Pro, Power Streaming, IDBI Direct	Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time	3:00 PM	3:15
Other Features	Morning Report, Equity SIP, Investment Guide
Referral Program
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IDBI Capital Vs Nirmal Bang Review

IDBI Capital is rated 2.8 of 5 based on 37 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 15 customer reviews.

	IDBI Capital	Nirmal Bang
	37 Customer Reviews	15 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	IDBI Capital is rated 2.8 of 5 based on 37 customer reviews	Nirmal Bang is rated 2.5 of 5 based on 15 customer reviews

IDBI Capital Vs Nirmal Bang Investment Options

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

IDBI Capital Vs Nirmal Bang Order Type Offered

	IDBI Capital	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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IDBI Capital Vs Nirmal Bang Research Report

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

IDBI Capital Vs Nirmal Bang Suitable For Investor Type

	IDBI Capital	Nirmal Bang
Casual Investor
Active Investor
Trader

IDBI Capital Vs Nirmal Bang - Advantages and Disadvantages

	IDBI Capital	Nirmal Bang
Pros	- Prepaid plans are available for volume traders. More Advantages...	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 More Advantages...
Cons	- Additional charge of ₹2000 per year for installable trading platform. More Disadvantages...	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. More Disadvantages...
Reviews
Promo / Offers
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