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Kotak Securities Vs Nirmal Bang (Compare Kotak Securities and Nirmal Bang)


Kotak Securities Ltd Logo

Kotak Securities
Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They are also a depository participant with National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). Kotak securitie... Know more about Kotak 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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Kotak Securities Vs Nirmal Bang

Incorporated in 1994, Kotak Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 1209 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.

  Kotak Securities Nirmal Bang
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX, NMCE
Year of Incorporation 1994 1986
Number of Branches 1209 2000
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Kotak Securities Vs Nirmal Bang Charges & AMC

Kotak Securities trading account opening charges is Rs 750 while Nirmal Bang account opening changes is Rs 0. Kotak Securities Demat Account AMC Charges is Rs 600 and Nirmal Bang Demat Account AMC Charges is Rs 200.

  Kotak Securities Nirmal Bang
Trading Account Opening Charges Rs 750 Rs 0
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 600 Rs 200
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Kotak Securities Vs Nirmal Bang Brokerage Charges & Plans

Kotak Securities Vs Nirmal Bang Brokerage

Kotak Securities brokerage charges for equity is 0.49% and intraday is 0.049% (both side) whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

  Kotak Securities Nirmal Bang
Account Type Fixed Brokerage Plan Basic Plan
Fixed Charges NA
Equity Delivery 0.49% 0.2%
Equity Intraday 0.049% (both side) 0.02%
Equity Futures 0.049% (both side) 0.02%
Equity Options Rs 300 per lot Rs 35
Currency Futures 0.02%
Currency Options Rs 20
Commodity Futures 0.070% 0.01%
Commodity Options
Special Offer
Special Offer: Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.

Kotak Securities Vs Nirmal Bang Brokerage Plan 2

  Kotak Securities Nirmal Bang
Account Type Dynamic Brokerage Plan Basic Plan
Fixed Charges NA
Equity Delivery 0.59% to 0.30% 0.2%
Equity Intraday 0.06% to 0.05% 0.02%
Equity Futures 0.07% to 0.05% 0.02%
Equity Options 2.5% to 1.8% Rs 35
Currency Futures 0.04% or Rs 20 per lot 0.02%
Currency Options Rs 20 to Rs 7.5 per lot Rs 20
Commodity Futures 0.01%
Commodity Options
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Kotak Securities Charges Vs Nirmal Bang

Minimum Brokerage Rs 21 per executed order
Other Charges SMS Alerts at Rs 50 per month
Call & Trade Charges Rs 20 per call after first 20 free calls in a month
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Kotak Securities Vs Nirmal Bang Transaction Charges

Kotak Securities transaction charges for options is NSE: 0.05% on Premium while Nirmal Bang exchange transaction charges for options is Rs 5700.

  Kotak Securities Nirmal Bang
Equity Delivery NSE: 0.00325%, BSE: 0.00325% Rs 390
Equity Intraday NSE: 0.00325%, BSE: 0.00325% Rs 390
Equity Futures NSE: 0.0019% Rs 240
Equity Options NSE: 0.05% on Premium Rs 5700
Currency Futures NSE: 0.0009%, BSE: 0.00022% Rs 240
Currency Options NSE: 0.035%, BSE: 0.001% Rs 5700
Commodity MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% Rs 250
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Kotak Securities Vs Nirmal Bang Leverage (Margin)

Kotak Securities 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.

  Kotak Securities 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 Kotak Securities and Nirmal Bang Features

The trading platforms offered Kotak Securities include Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite. Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.

  Kotak Securities Nirmal Bang
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) No
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time 3:15
Other Features 3-in-1 account
Referral Program
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Kotak Securities Vs Nirmal Bang Review

Kotak Securities is rated 2.4 of 5 based on 171 customer reviews whereas Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews.

  Kotak Securities Nirmal Bang
  171 Customer Reviews    Rate Kotak Securities 19 Customer Reviews    Rate Nirmal Bang
Fees 2.4 3.6
Brokerage 2.3 3.5
Trading Platform 3.2 2.6
Customer Service 2.8 2.3
Research Capabilities 2.6 3.0
Overall Ratings Rated 2.4 stars Rated 2.6 stars
Broker Rating Kotak Securities is rated 2.4 of 5 based on 171 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

  Kotak Securities Enquire Nirmal Bang Enquire
Contact Broker Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.
Leave your contact information and we will get in touch with you....
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Kotak Securities Vs Nirmal Bang Investment Options

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

  Kotak Securities 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) Yes Yes
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Kotak Securities Vs Nirmal Bang Research Report

  Kotak Securities Nirmal Bang
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Kotak Securities Vs Nirmal Bang Suitable For Investor Type

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

  Kotak Securities Nirmal Bang
Pros
  • Offers 3-in-1 Account (trinity account).
  • Kotak Security is a full services broker offering wide range of investment options and research reports.
  • Kotak Securities has extended network of 1400+ branches across India.
  • It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market.
  • Kotak offers 5 different trading platforms to fulfill almost all customer requirements.
  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
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.
  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

Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.

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Kotak Securities Nirmal Bang
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