The side-by-side comparison of Nirmal Bang and RMoney. Compare Nirmal Bang Vs RMoney brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Nirmal Bang vs RMoney?
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...
RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is Agra based financial service provider. The company offers a range of financial products. This including Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds and Corporate FDR's.
Raghunandan Money is a member of NSE, BSE, MCX, NCDEX, and CDSL. The company is among the top 5 commodity brokers in India. It contributes over 8% of NCDEX daily turnover and over 4% of MCX turnover. It has a strong presence in...
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 , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
Nirmal Bang | RMoney | |
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Type of Broker | Full Service Broker | Discount Broker |
Supported Exchnages | BSE, NSE, MCX, NCDEX, NMCE | BSE, NSE, MCX, NCDEX |
Account Type | Basic Plan | Zero Brokerage Plans |
Year of Incorporation | 1986 | |
Number of Branches | 2000 | |
Broker Enquiry |
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Nirmal Bang trading account opening charges is Rs 0 while RMoney account opening changes is Rs 199. Nirmal Bang Demat Account AMC Charges is Rs 200 and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).
Nirmal Bang | RMoney | |
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Trading Account Opening Charges | Rs 0 | Rs 199 |
Trading Account AMC Charges | Rs 0 | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 | Rs 0 (Free) |
Demat Account AMC Charges | Rs 200 | Rs 0 for lifetime (Free) |
Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02% whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.
Nirmal Bang | RMoney | |
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Account Type | Basic Plan | Zero Brokerage Plans |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | 0.2% | Rs 0 (Free) |
Equity Intraday Brokerage | 0.02% | Rs 18 per executed order or .01% whichever is lower |
Equity Futures Brokerage | 0.02% | Rs 18 per executed order or .01% whichever is lower |
Equity Options Brokerage | Rs 35 | Rs 18 per executed order or .01% whichever is lower |
Currency Futures Trading Brokerage | 0.02% | Rs 18 per executed order or .01% whichever is lower |
Currency Options Trading Brokerage | Rs 20 | Rs 18 per executed order or .01% whichever is lower |
Commodity Futures Trading Brokerage | 0.01% | Rs 18 per executed order or .01% whichever is lower |
Commodity Options Trading Brokerage | ||
Special Offer | Special Offer: RMoney Rs 0 Account Opening Fee + Rs 0 Demat AMC (for Life) + Free Call & Trade Get the offer |
Nirmal Bang | RMoney | |
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Account Type | Basic Plan | Happy Service Plan |
Fixed Charges | NA | NA |
Equity Delivery Brokerage | 0.2% | 0.10% to 0.40% |
Equity Intraday Brokerage | 0.02% | 0.01% to 0.04% |
Equity Futures Brokerage | 0.02% | 0.005% to 0.02% |
Equity Options Brokerage | Rs 35 | Rs 20 to Rs 80 per lot |
Currency Futures Trading Brokerage | 0.02% | 0.005% to 0.02% |
Currency Options Trading Brokerage | Rs 20 | 0.005% to 0.02% |
Commodity Futures Trading Brokerage | 0.01% | 0.005% to 0.02% |
Commodity Options Trading Brokerage | ||
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Minimum Brokerage Charges | Rs 0 | |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment | |
Call & Trade Charges | Rs 0 (Unlimited Calls) |
Nirmal Bang transaction charges for options is Rs 5700 while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).
Nirmal Bang | RMoney | |
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Equity Delivery | Rs 390 | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%) |
Equity Intraday | Rs 390 | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275% |
Equity Futures | Rs 240 | NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%) |
Equity Options | Rs 5700 | NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) |
Currency Futures | Rs 240 | NSE, BSE - Rs 150 per crore (0.0015%) |
Currency Options | Rs 5700 | NSE, BSE - Rs 7500 (on premium) per crore (0.075%) |
Commodity | Rs 250 | MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) |
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Nirmal Bang provides the margin of Upto 4x for intraday trades whereas the RMoney margin for intraday cash is 20x (5%) (Intraday Only).
Nirmal Bang | RMoney | |
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Equity Delivery | upto 10x | Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5) |
Equity Intraday | Upto 4x | 20x (5%) (Intraday Only) |
Equity Futures | Upto 4x | Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%) |
Equity Options | Upto 2x for shorting | Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin |
Currency Futures | Upto 2x for shorting | Intraday - 100X (1%) |
Currency Options | Upto 3x | Intraday - 100X (1%) |
Commodity Futures | Upto 3x | Intraday - 77X (1.3%) |
Commodity Options | ||
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The trading platforms offered Nirmal Bang include Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App. RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.
Nirmal Bang | RMoney | |
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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 | Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App | RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) |
Intraday Square-off Time | 3:15 | Equity 3:15 PM |
Other Features | ||
Referral Program | ||
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Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews whereas RMoney is rated 3.8 of 5 based on 4 customer reviews.
Nirmal Bang | RMoney | |
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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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Nirmal Bang | RMoney | |
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Reviews | Useful Articles: | |
Promo / Offers | Lifetime FREE AMC Demat Account + Free Call & TradeGet free lifetime free AMC demat account and pay flat Rs 18 brokerage. In addition, get free account opening and free call & trade. To open an account, simply leave your contact information and RMoney representatives will call you. |
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