Religare Vs Nirmal Bang (Compare Religare and Nirmal Bang)

Religare Vs Nirmal Bang Charges & AMC

Religare trading account opening charges is Rs 500 while Nirmal Bang account opening changes is Rs 0. Religare Demat Account AMC Charges is Rs 400 from second year onward and Nirmal Bang Demat Account AMC Charges is Rs 200.

	Religare	Nirmal Bang
Trading Account Opening Charges	Rs 500	Rs 0
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0
Demat Account AMC Charges	Rs 400 from second year onward	Rs 200

Religare Vs Nirmal Bang Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Nirmal Bang exchange transaction charges for options is Rs 5700.

	Religare	Nirmal Bang
Equity Delivery	0.0037%	Rs 390
Equity Intraday	0.0037%	Rs 390
Equity Futures	0.004%	Rs 240
Equity Options	0.06% on Premium	Rs 5700
Currency Futures	0.004%	Rs 240
Currency Options	0.06% on Premium	Rs 5700
Commodity	0.0035%	Rs 250
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Religare Vs Nirmal Bang Leverage (Margin)

Religare margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Nirmal Bang margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Religare	Nirmal Bang
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Religare and Nirmal Bang Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.

	Religare	Nirmal Bang
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Odin Diet, Web, Dynami	Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time		3:15
Other Features	Mutual Fund, EMI Calculator
Referral Program
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Religare Vs Nirmal Bang Review

Religare is rated 2.9 of 5 based on 77 customer reviews whereas Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews.

	Religare	Nirmal Bang
	77 Customer Reviews	19 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Religare is rated 2.9 of 5 based on 77 customer reviews	Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews

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Religare Vs Nirmal Bang Investment Options

	Religare	Nirmal Bang
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Religare Vs Nirmal Bang Order Type Offered

	Religare	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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Religare Vs Nirmal Bang Research Report

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

Religare Vs Nirmal Bang Suitable For Investor Type

	Religare	Nirmal Bang
Casual Investor
Active Investor
Trader

Religare Vs Nirmal Bang - Pros and Cons

	Religare	Nirmal Bang
Pros	3 to 4 times exposure is given in cash as well as F&O segment.	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	EXE Based trading terminal are available for Rs 999 per annum. Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).	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	Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year. This is a limited time offer. Simply leave your contact information with us and Religare representatives will contact you.
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