Nirmal Bang Vs Trustline (Compare Nirmal Bang and Trustline)
The side-by-side comparison of Nirmal Bang and Trustline. Compare Nirmal Bang Vs Trustline brokerage, charges, exposure margin, demat account. Read Trustline and Nirmal Bang review.
Find out Nirmal Bang Vs Trustline which is better and Nirmal Bang Vs Trustline which is best.
Our Nirmal Bang Securities Pvt Ltd comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Nirmal Bang and Trustline.
Nirmal Bang Vs Trustline
Nirmal Bang
Trustline
Find more info about broker
About the Broker
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 Kisho...
Incorporated in 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a ...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX, NCDEX, NMCE
BSE, NSE, MCX
Account Type
Basic Plan
Full-service Brokerage Plan
Broker Enquiry
Year of Incorporation
1986
Number of Branches
2000
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Enquire Trustline
Nirmal Bang Vs Trustline Charges
Nirmal Bang
Trustline
Trading Account Opening Fees
₹0
₹0 (Free)
Trading Account AMC
₹0
₹0 (Free)
Demat Account Opening Fees
₹0
Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC
₹200
Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory?
No
No
Nirmal Bang Vs Trustline Brokerage
Brokerage Plan 1
Nirmal Bang
Trustline
Account Type
Basic Plan
Full-service Brokerage Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.2%
0.20% (20 paisa)
Equity Intraday Brokerage
0.02%
0.02% (2 paisa)
Equity Futures Brokerage
0.02%
0.02% (2 paisa)
Equity Options Brokerage
₹35
₹75 per lot
Currency Futures Trading Brokerage
0.02%
0.02% (2 paisa)
Currency Options Trading Brokerage
₹20
₹7.5 per lot
Commodity Futures Trading Brokerage
0.01%
Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹0 (No Minimum Brokerage)
Other Brokerage Charges
Physical contact notes: ₹20
Call & Trade Charges
₹0 (Free)
Nirmal Bang Vs Trustline Taxes
Nirmal Bang
Trustline
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Nirmal Bang Vs Trustline Transaction Charges
Nirmal Bang
Trustline
Equity Delivery
₹390
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday
₹390
NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures
₹240
NSE ₹190 per crore (0.0019%)
Equity Options
₹5700
NSE ₹5000 per crore (0.05%)
Currency Futures
₹240
NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options
₹5700
NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity
₹250
MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
Nirmal Bang Vs Trustline Exposure Margin
Nirmal Bang
Trustline
Equity Delivery
upto 10x
1x (100% Margin Required)
Equity Intraday
Upto 4x
Up to 20x
Equity Futures
Upto 4x
NSE: 2x
Equity Options
Upto 2x for shorting
NSE: 2x
Currency Futures
Upto 2x for shorting
NSE: 2x
Currency Options
Upto 3x
NSE: 2x
Commodity Futures
Upto 3x
MCX Futures: 8x
Commodity Options
Nirmal Bang and Trustline Feature Comparison
Nirmal Bang
Trustline
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
Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time
3:15
Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program
Nirmal Bang Vs Trustline Review
Nirmal Bang
Trustline
14 Customer Reviews
1 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews Trustline is Rated 4.0 / 5 based on 1 customer reviews
Nirmal Bang Vs Trustline Investment Options
Nirmal Bang
Trustline
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance, Wealth Management
Nirmal Bang Vs Trustline Customer Service
Nirmal Bang
Trustline
24/7 Customer Service
Onine Live Chat
Through Branches
Nirmal Bang Vs Trustline Order Type Offered
Nirmal Bang
Trustline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Nirmal Bang Vs Trustline Research Report
Nirmal Bang
Trustline
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Nirmal Bang Vs Trustline Suitable For Investor Type
Nirmal Bang
Trustline
Casual Investor
Active Investor
Trader
Nirmal Bang Vs Trustline - Advantages and Disadvantages
Nirmal Bang
Trustline
Pros
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
More Advantages...
Research based fundamental and technical analysis available to all the customers.
Paperless account opening is available with eKYC and Aadhar integration
All trading softwares including trading terminal are available for free.
Uses trading platform of Omnesys which is industry leading trading software provider.
Margin Against Share is available
Short selling is available in NSE Cash segment only.
After Hours Orders and Good Till Cancelled (GTC) orders are available.
SMS Trade Alerts are available for free to all customers.
Call & Trade is free for all customers.
More Advantages...
Cons
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.
More Disadvantages...
Separate account needed for Mutual Funds investment.
Doesn't offer bracket orders.
Online IPO, NCD, Corporate Bond investment is not available.
Trading API is now available.
No extra charge for intraday or expiry positions closed by the broker.
More Disadvantages...
Reviews
Promo / Offers
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