SBI Securities Vs Nirmal Bang (Compare SBI Securities and Nirmal Bang)

SBI Securities Vs Nirmal Bang

Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India. 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.

	SBI Securities	Nirmal Bang
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE	BSE, NSE, MCX, NCDEX, NMCE
Account Type	eZ-trade	Basic Plan
Year of Incorporation	2001	1986
Number of Branches	117	2000
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SBI Securities Vs Nirmal Bang Charges & AMC

SBI Securities trading account opening charges is Rs 850 while Nirmal Bang account opening changes is Rs 0. SBI Securities Demat Account AMC Charges is Rs 350 and Nirmal Bang Demat Account AMC Charges is Rs 200.

	SBI Securities	Nirmal Bang
Trading Account Opening Charges	Rs 850	Rs 0
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 350	Rs 200

SBI Securities Vs Nirmal Bang Brokerage

SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

	SBI Securities	Nirmal Bang
Account Type	eZ-trade	Basic Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.50%	0.2%
Equity Intraday Brokerage	0.05%	0.02%
Equity Futures Brokerage	0.05%	0.02%
Equity Options Brokerage	Rs 100 per lot	Rs 35
Currency Futures Trading Brokerage	0.03%	0.02%
Currency Options Trading Brokerage	Rs 30 per lot	Rs 20
Commodity Futures Trading Brokerage	NA	0.01%
Commodity Options Trading Brokerage	NA
Special Offer

SBI Securities Charges Vs Nirmal Bang

Minimum Brokerage Charges	Rs 0.05 for Cash, Rs 0.01 Future
Other Brokerage Charges
Call & Trade Charges	Rs 10 per call (after 30 free calls a month)

SBI Securities Vs Nirmal Bang Transaction Charges

SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while Nirmal Bang exchange transaction charges for options is Rs 5700.

	SBI Securities	Nirmal Bang
Equity Delivery	NSE: 0.00386% | BSE: 0.00384%	Rs 390
Equity Intraday	NSE: 0.00386% | BSE: 0.00384%	Rs 390
Equity Futures	NSE: 0.002206% (Rs 221/Crore)	Rs 240
Equity Options	NSE: 0.05515% (Rs 5515/Crore)	Rs 5700
Currency Futures	0.002206%	Rs 240
Currency Options	NSE: 0.05515% (Rs 5515/Crore)	Rs 5700
Commodity		Rs 250
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SBI Securities Vs Nirmal Bang Leverage (Margin)

SBI Securities provides the margin of Upto 5x for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.

	SBI Securities	Nirmal Bang
Equity Delivery	2x with Intrest	upto 10x
Equity Intraday	Upto 5x	Upto 4x
Equity Futures	Nil	Upto 4x
Equity Options	Nil	Upto 2x for shorting
Currency Futures	Nil	Upto 2x for shorting
Currency Options	Nil	Upto 3x
Commodity Futures	NA	Upto 3x
Commodity Options
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Compare SBI Securities and Nirmal Bang Features

The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.

	SBI Securities	Nirmal Bang
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	SBI Smart Express, SBI Smart Web, SBI Smart Mobile	Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time	2:45 PM	3:15
Other Features
Referral Program
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SBI Securities Vs Nirmal Bang Review

SBI Securities is rated 2.6 of 5 based on 140 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 17 customer reviews.

	SBI Securities	Nirmal Bang
	140 Customer Reviews	17 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	SBI Securities is rated 2.6 of 5 based on 140 customer reviews	Nirmal Bang is rated 2.5 of 5 based on 17 customer reviews

SBI Securities Vs Nirmal Bang Investment Options

	SBI Securities	Nirmal Bang
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

SBI Securities Vs Nirmal Bang Order Type Offered

	SBI Securities	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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SBI Securities Vs Nirmal Bang Research Report

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

SBI Securities Vs Nirmal Bang Suitable For Investor Type

	SBI Securities	Nirmal Bang
Casual Investor
Active Investor
Trader

SBI Securities Vs Nirmal Bang - Pros and Cons

	SBI Securities	Nirmal Bang
Pros	Offer 3-in-1 account for seamless transactions. Full-service broker offering services online as well as through branches. Wide range of investment options. Free research reports are available.	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	Installable Trading Terminal (exe) is not available for frequent traders. Good Till Cancelled (GTC) orders are not available. Very high brokerage. Commodity (MCX) trading is not available.	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
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