Nirmal Bang Vs Trustline (Compare Nirmal Bang and Trustline)


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... Know more about Nirmal Bang Securities Pvt Ltd


Trustline
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 wide network of offices across India. Trustline provides brokerage services through the online trading website and 400+ branch offices. Trustline research desk offers research based-on technical and fundamental analysis in equity, currency, and comm... Know more about Trustline Securities Ltd

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Nirmal Bang Vs Trustline

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 , Trustline is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

  Nirmal Bang Trustline
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX, NMCE BSE, NSE, MCX
Year of Incorporation 1986
Number of Branches 2000
Open an Online Trading Account with Nirmal Bang.Open an Online Trading Account with Trustline.
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Nirmal Bang Vs Trustline Charges & AMC

Nirmal Bang trading account opening charges is Rs 0 while Trustline account opening changes is Rs 0 (Free). Nirmal Bang Demat Account AMC Charges is Rs 200 and Trustline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.

  Nirmal Bang Trustline
Trading Account Opening Charges Rs 0 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 0 Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges Rs 200 Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0
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Nirmal Bang Vs Trustline Brokerage Charges & Plans

Nirmal Bang Vs Trustline Brokerage

Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02% whereas Trustline brokerage charges for equity is 0.20% (20 paisa) and intraday is 0.02% (2 paisa).

  Nirmal Bang Trustline
Account Type Basic Plan Full-service Brokerage Plan
Fixed Charges NA
Equity Delivery 0.2% 0.20% (20 paisa)
Equity Intraday 0.02% 0.02% (2 paisa)
Equity Futures 0.02% 0.02% (2 paisa)
Equity Options Rs 35 Rs 75 per lot
Currency Futures 0.02% 0.02% (2 paisa)
Currency Options Rs 20 Rs 7.5 per lot
Commodity Futures 0.01% Future: 0.02% (2 paisa) | Options: Rs 50 per lot
Commodity Options
Special Offer
Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Nirmal Bang Charges Vs Trustline

Minimum Brokerage Rs 0 (No Minimum Brokerage)
Other Charges Physical contact notes: Rs 20
Call & Trade Charges Rs 0 (Free)
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Nirmal Bang Vs Trustline Transaction Charges

Nirmal Bang transaction charges for options is Rs 5700 while Trustline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

  Nirmal Bang Trustline
Equity Delivery Rs 390 NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Intraday Rs 390 NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Futures Rs 240 NSE Rs 190 per crore (0.0019%)
Equity Options Rs 5700 NSE Rs 5000 per crore (0.05%)
Currency Futures Rs 240 NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)
Currency Options Rs 5700 NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500
Commodity Rs 250 MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)
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Nirmal Bang Vs Trustline Leverage (Margin)

Nirmal Bang margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Trustline margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Nirmal Bang Trustline
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Nirmal Bang and Trustline Features

The trading platforms offered Nirmal Bang include Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App. Trustline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

  Nirmal Bang Trustline
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
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
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Nirmal Bang Vs Trustline Review

Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews whereas Trustline is rated 4.0 of 5 based on 1 customer reviews.

  Nirmal Bang Trustline
  19 Customer Reviews    Rate Nirmal Bang 1 Customer Reviews    Rate Trustline
Fees 3.6 4.0
Brokerage 3.5 3.0
Trading Platform 2.6 4.0
Customer Service 2.3 4.0
Research Capabilities 3.0
Overall Ratings Rated 2.6 stars Rated 4.0 stars
Broker Rating Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews Trustline is rated 4.0 of 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  Nirmal Bang Enquire Trustline Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback
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Nirmal Bang Vs Trustline Investment Options

  Nirmal Bang Trustline
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes No
Mutual Funds Yes No
Bond / NCD Yes No
Debt Yes Yes
Other Investment Options Insurance, Wealth Management
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Nirmal Bang Vs Trustline Order Type Offered

  Nirmal Bang Trustline
Bracket Order No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
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Nirmal Bang Vs Trustline Research Report

  Nirmal Bang Trustline
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Nirmal Bang Vs Trustline Suitable For Investor Type

  Nirmal Bang Trustline
Casual Investor Yes
Active Investor Yes
Trader Yes
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Nirmal Bang Vs Trustline - Pros and Cons

  Nirmal Bang Trustline
Pros
  1. Low bandwidth option for anywhere access
  2. Free research report subscription
  3. 24X7 access to back-office
  4. Instant Fund transfer
  5. Multiple market watch facility with streaming quotes (Live Market Rates*)
  6. Trader can review their Margin Status, Holding Report, Order and Trade Book on a real time basis
  • 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.
Cons
  1. Nirmal Bang doesn't offer 3 in 1 account.
  2. Brokerage rates are negotiable.
  3. Nirmal Bang doesn't have Brokerage calculator and Margin Calculator.
  4. Instant Fund withdrawal is not available
  5. Nirmal Bang is a full services broker so the brokerage charged by them is higher than the discount brokers.
  • 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.
Reviews
Promo / Offers

Lifetime FREE AMC Demat Account - 50% Off

Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening.

This is a limited time offer. Simply leave your contact information with us and Trustline representatives will contact you.

Enquire Nirmal BangEnquire Trustline

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