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

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
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
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Kotak Securities Vs Nirmal Bang Charges & AMC

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

	Kotak Securities	Nirmal Bang
Trading Account Opening Charges	₹750	₹0
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account AMC Charges	₹600	₹200

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
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	₹300 per lot	₹35
Currency Futures Trading Brokerage		0.02%
Currency Options Trading Brokerage		₹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 Vs Nirmal Bang Brokerage Plan 2

	Kotak Securities	Nirmal Bang
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%	₹35
Currency Futures Trading Brokerage	0.04% or ₹20 per lot	0.02%
Currency Options Trading Brokerage	₹20 to ₹7.5 per lot	₹20
Commodity Futures Trading Brokerage		0.01%
Commodity Options Trading Brokerage
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Kotak Securities Charges Vs Nirmal Bang

Minimum Brokerage Charges	₹21 per executed order
Other Brokerage Charges	SMS Alerts at ₹50 per month
Call & Trade Charges	₹20 per call after first 20 free calls in a month

Kotak Securities Vs Nirmal Bang Transaction Charges

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 ₹5700.

	Kotak Securities	Nirmal Bang
Equity Delivery	0.1% (Buy and Sell)	₹390
Equity Intraday	0.025% (on Sell trade)	₹390
Equity Futures	0.01% (on Sell trade)	₹240
Equity Options	0.05% (on Sell trade premium) or 0.125% (on options)	₹5700
Currency Futures	NA	₹240
Currency Options	NA	₹5700
Commodity	0.01% on sell side	₹250
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Kotak Securities Vs Nirmal Bang Leverage (Margin)

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
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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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
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	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 2.5 of 5 based on 155 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews.

	Kotak Securities	Nirmal Bang
	155 Customer Reviews	16 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Kotak Securities is rated 2.5 of 5 based on 155 customer reviews	Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews

Kotak Securities Vs Nirmal Bang Investment Options

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

Kotak Securities Vs Nirmal Bang Order Type Offered

	Kotak Securities	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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Kotak Securities Vs Nirmal Bang Research Report

	Kotak Securities	Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Kotak Securities Vs Nirmal Bang Suitable For Investor Type

	Kotak Securities	Nirmal Bang
Casual Investor
Active Investor
Trader

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.	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
Cons	The brokerage changed by them of higher than the discount brokers. Commodity trading is available through another company 'Kotak Commodity Services Ltd'.	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.
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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