The side-by-side comparison of Kotak Securities and Nirmal Bang. Compare Kotak Securities Vs Nirmal Bang brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Kotak Securities vs Nirmal Bang?
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...
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 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 | |
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Type of Broker | Full Service Broker | Full Service Broker |
Supported Exchnages | BSE, NSE, MCX, NCDEX | BSE, NSE, MCX, NCDEX, NMCE |
Account Type | Fixed Brokerage Plan | Basic Plan |
Year of Incorporation | 1994 | 1986 |
Number of Branches | 1209 | 2000 |
Broker Enquiry |
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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 | |
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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 |
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 | |
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Account Type | Fixed Brokerage Plan | Basic Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.49% | 0.2% |
Equity Intraday Brokerage | 0.049% (both side) | 0.02% |
Equity Futures Brokerage | 0.049% (both side) | 0.02% |
Equity Options Brokerage | Rs 300 per lot | Rs 35 |
Currency Futures Trading Brokerage | 0.02% | |
Currency Options Trading Brokerage | Rs 20 | |
Commodity Futures Trading Brokerage | 0.070% | 0.01% |
Commodity Options Trading Brokerage | ||
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 | Nirmal Bang | |
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Account Type | Dynamic Brokerage Plan | Basic Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.59% to 0.30% | 0.2% |
Equity Intraday Brokerage | 0.06% to 0.05% | 0.02% |
Equity Futures Brokerage | 0.07% to 0.05% | 0.02% |
Equity Options Brokerage | 2.5% to 1.8% | Rs 35 |
Currency Futures Trading Brokerage | 0.04% or Rs 20 per lot | 0.02% |
Currency Options Trading Brokerage | Rs 20 to Rs 7.5 per lot | Rs 20 |
Commodity Futures Trading Brokerage | 0.01% | |
Commodity Options Trading Brokerage | ||
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Minimum Brokerage Charges | Rs 21 per executed order | |
Other Brokerage Charges | SMS Alerts at Rs 50 per month | |
Call & Trade Charges | Rs 20 per call after first 20 free calls in a month |
Kotak Securities transaction charges for options is 0.05% (on Sell trade premium) or 0.125% (on options) while Nirmal Bang exchange transaction charges for options is Rs 5700.
Kotak Securities | Nirmal Bang | |
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Equity Delivery | 0.1% (Buy and Sell) | Rs 390 |
Equity Intraday | 0.025% (on Sell trade) | Rs 390 |
Equity Futures | 0.01% (on Sell trade) | Rs 240 |
Equity Options | 0.05% (on Sell trade premium) or 0.125% (on options) | Rs 5700 |
Currency Futures | NA | Rs 240 |
Currency Options | NA | Rs 5700 |
Commodity | 0.01% on sell side | Rs 250 |
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Kotak Securities provides the margin of 50 times for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.
Kotak Securities | Nirmal Bang | |
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Equity Delivery | 1x (no margin) | upto 10x |
Equity Intraday | 50 times | Upto 4x |
Equity Futures | 12 to 15 times | Upto 4x |
Equity Options | Selling: 200 times | Buying: 10 times | Upto 2x for shorting |
Currency Futures | NA | Upto 2x for shorting |
Currency Options | NA | Upto 3x |
Commodity Futures | NA | Upto 3x |
Commodity Options | ||
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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 | |
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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) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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 is rated 2.5 of 5 based on 163 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 17 customer reviews.
Kotak Securities | 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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Kotak Securities | Nirmal Bang | |
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Promo / Offers | Kotak 3-in-1 AccountKotak 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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