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The side-by-side comparison of Nirmal Bang and Paytm Money. Compare Nirmal Bang Vs Paytm Money brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Nirmal Bang vs Paytm Money?
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... 
Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system.
Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ...
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. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.
| Nirmal Bang | Paytm Money | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Supported Exchnages | BSE, NSE, MCX, NCDEX, NMCE | NSE and BSE |
| Account Type | Basic Plan | Standard Plan |
| Year of Incorporation | 1986 | 2017 |
| Number of Branches | 2000 | 1 |
| Broker Enquiry |
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Nirmal Bang trading account opening charges is Rs 0 while Paytm Money account opening changes is Rs 200. Nirmal Bang Demat Account AMC Charges is Rs 200 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).
| Nirmal Bang | Paytm Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 | Rs 200 |
| Trading Account AMC Charges | Rs 0 | Rs 0 |
| Demat Account Opening Charges | Rs 0 | Rs 0 |
| Demat Account AMC Charges | Rs 200 | Rs 0 (Free) |
Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02% whereas Paytm Money brokerage charges for equity is Rs 0 (Free - Minimum Rs 0.01 per executed order) and intraday is R10 per executed order or 0.05% whichever is lower.
| Nirmal Bang | Paytm Money | |
|---|---|---|
| Account Type | Basic Plan | Standard Plan |
| Fixed Charges | NA | NA |
| Equity Delivery Brokerage | 0.2% | Rs 0 (Free - Minimum Rs 0.01 per executed order) |
| Equity Intraday Brokerage | 0.02% | R10 per executed order or 0.05% whichever is lower |
| Equity Futures Brokerage | 0.02% | Rs 10 per executed order |
| Equity Options Brokerage | Rs 35 | Rs 10 per executed order |
| Currency Futures Trading Brokerage | 0.02% | |
| Currency Options Trading Brokerage | Rs 20 | |
| Commodity Futures Trading Brokerage | 0.01% | |
| Commodity Options Trading Brokerage | ||
| Special Offer | Special Offer: Brokerage free equity delivery trading + Flat Rs 10 Intra-day and F&O trades + Rs 0 Demat AMC. Get the offer |
| Minimum Brokerage Charges | Rs 0.01 per executed order on Equity Delivery trades | |
| Other Brokerage Charges | Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier | |
| Call & Trade Charges | Rs 300 |
Nirmal Bang transaction charges for options is Rs 5700 while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).
| Nirmal Bang | Paytm Money | |
|---|---|---|
| Equity Delivery | Rs 390 | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Intraday | Rs 390 | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Futures | Rs 240 | Rs 190 per Cr (0.0019%) |
| Equity Options | Rs 5700 | Rs 5,000 per Cr (0.05%) |
| Currency Futures | Rs 240 | |
| Currency Options | Rs 5700 | |
| Commodity | Rs 250 |
Nirmal Bang provides the margin of Upto 4x for intraday trades whereas the Paytm Money margin for intraday cash is Up to 7.5x (based on the stock).
| Nirmal Bang | Paytm Money | |
|---|---|---|
| Equity Delivery | upto 10x | 1x (no margin) |
| Equity Intraday | Upto 4x | Up to 7.5x (based on the stock) |
| Equity Futures | Upto 4x | Intra-day: 3x | Carry forward: 1x (no margin) |
| Equity Options | Upto 2x for shorting | Intra-day (Options Sell): 3x | Carry forward: 1x (no margin) |
| Currency Futures | Upto 2x for shorting | |
| Currency Options | Upto 3x | |
| Commodity Futures | Upto 3x | |
| Commodity Options |
The trading platforms offered Nirmal Bang include Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.
| Nirmal Bang | Paytm Money | |
|---|---|---|
| 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 | Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App | Paytm Money mobile app, Paytm Money website |
| Intraday Square-off Time | 3:15 | 3:15 PM |
| Other Features | ||
| Referral Program |
Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews whereas Paytm Money is rated 3.5 of 5 based on 8 customer reviews.
| Nirmal Bang | Paytm Money | |
|---|---|---|
19 Customer Reviews  |
8 Customer Reviews |
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| Overall Ratings | |
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| Broker Rating | Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews | Paytm Money is rated 3.5 of 5 based on 8 customer reviews |
| Nirmal Bang Enquire | Paytm Money Enquire | |
|---|---|---|
| Contact Broker |
| Nirmal Bang | Paytm Money | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| Initial Public Offers (IPO) | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | NPS Retirement Fund, Digital Fund |
| Nirmal Bang | Paytm Money | |
|---|---|---|
| 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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| Nirmal Bang | Paytm Money | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Nirmal Bang | Paytm Money | |
|---|---|---|
| Casual Investor | |
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| Active Investor | |
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| Trader | |
| Nirmal Bang | Paytm Money | |
|---|---|---|
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| Reviews | Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments. The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL. Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website. |
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| Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (no brokerage) and pay flat Rs 10 brokerage for Intraday and F&O trades. Rs 0 AMC for your demat account. To open an account with Paytm Money, simply Open Online Account or request a callback. |
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