TradeSmart Vs Nirmal Bang (Compare TradeSmart and Nirmal Bang)
The side-by-side comparison of TradeSmart and Nirmal Bang. Compare TradeSmart Vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Nirmal Bang and TradeSmart review.
Find out TradeSmart Vs Nirmal Bang which is better and TradeSmart Vs Nirmal Bang which is best.
Our VNS Finance & Capital Services Ltd comparison with Nirmal Bang Securities Pvt Ltd highlights the major differences between two brokers. Find the best between TradeSmart and Nirmal Bang.
TradeSmart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. TradeSmart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to of...
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...
Type of Broker
Discount Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX, NCDEX, NMCE
Account Type
Power Plan (₹15/Order)
Basic Plan
Broker Enquiry
Year of Incorporation
1994
1986
Number of Branches
1
2000
TradeSmart Vs Nirmal Bang Charges
TradeSmart
Nirmal Bang
Trading Account Opening Fees
₹200
Rs 0
Trading Account AMC
₹0
Rs 0
Demat Account Opening Fees
₹200
Rs 0
Demat Account AMC
₹300
Rs 200
Demat Account is Mandatory?
No
No
TradeSmart Vs Nirmal Bang Brokerage
Brokerage Plan 1
TradeSmart
Nirmal Bang
Account Type
Power Plan (₹15/Order)
Basic Plan
Fixed Charges
Equity Delivery Brokerage
₹15 per executed order
0.2%
Equity Intraday Brokerage
₹15 per executed order
0.02%
Equity Futures Brokerage
₹15 per executed order
0.02%
Equity Options Brokerage
₹15 per executed order
Rs 35
Currency Futures Trading Brokerage
₹15 per executed order
0.02%
Currency Options Trading Brokerage
₹15 per executed order
Rs 20
Commodity Futures Trading Brokerage
₹15 per executed order
0.01%
Commodity Options Trading Brokerage
₹15 per executed order
Brokerage Plan 2
TradeSmart
Nirmal Bang
Account Type
Value Plan
Basic Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.007%
0.2%
Equity Intraday Brokerage
0.007%
0.02%
Equity Futures Brokerage
0.007%
0.02%
Equity Options Brokerage
₹7 Per Lot
Rs 35
Currency Futures Trading Brokerage
0.007%
0.02%
Currency Options Trading Brokerage
₹7 Per Lot
Rs 20
Commodity Futures Trading Brokerage
0.007%
0.01%
Commodity Options Trading Brokerage
₹7 Per Lot
Other Charges
Minimum Brokerage Charges
₹15 per executed order
Other Brokerage Charges
Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order
Call & Trade Charges
₹20 per executed order
TradeSmart Vs Nirmal Bang Taxes
TradeSmart
Nirmal Bang
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.
TradeSmart Vs Nirmal Bang Transaction Charges
TradeSmart
Nirmal Bang
Equity Delivery
0.0035%
₹390
Equity Intraday
0.0035%
₹390
Equity Futures
0.0024%
₹240
Equity Options
0.0715%
₹5700
Currency Futures
0.00165%
₹240
Currency Options
0.06%
₹5700
Commodity
0.0039%
₹250
TradeSmart Vs Nirmal Bang Exposure Margin
TradeSmart
Nirmal Bang
Equity Delivery
1x (no margin)
upto 10x
Equity Intraday
30x trading margin
Upto 4x
Equity Futures
MIS: 3X | BO: 7X | CO: 7X
Upto 4x
Equity Options
MIS: 3X | BO: 7X | CO: 7X
Upto 2x for shorting
Currency Futures
MIS: 3X | BO: 3X | CO: 3X
Upto 2x for shorting
Currency Options
MIS: 3X | BO: NA | CO: NA
Upto 3x
Commodity Futures
MIS: 2X | BO: 6X | CO: 6X
Upto 3x
Commodity Options
MIS: NA | BO: NA | CO: NA
TradeSmart and Nirmal Bang Feature Comparison
TradeSmart
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
NEST, NOW, Spin
Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time
Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
3:15
Other Features
Referral Program
TradeSmart Vs Nirmal Bang Review
TradeSmart
Nirmal Bang
58 Customer Reviews
14 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
TradeSmart is Rated 4.1 / 5 based on 58 customer reviews
Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
Contact Broker / Request A Call Back
TradeSmart Enquire
Nirmal Bang Enquire
Contact Broker
TradeSmart Vs Nirmal Bang Investment Options
TradeSmart
Nirmal Bang
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
TradeSmart Vs Nirmal Bang Customer Service
TradeSmart
Nirmal Bang
24/7 Customer Service
Onine Live Chat
Through Branches
TradeSmart Vs Nirmal Bang Order Type Offered
TradeSmart
Nirmal Bang
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
TradeSmart Vs Nirmal Bang Research Report
TradeSmart
Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
TradeSmart Vs Nirmal Bang Suitable For Investor Type
TradeSmart
Nirmal Bang
Casual Investor
Active Investor
Trader
TradeSmart Vs Nirmal Bang - Advantages and Disadvantages
TradeSmart
Nirmal Bang
Pros
EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of ₹1000.
Unlike most of the discount brokers; Trade Smart Online offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
TSO offers to invest in Mutual Funds, bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
Excellent referral benefits are available. Customer receives 10% credit of the brokerage generated by the clients referred by them.
No minimum amount is needed to open or maintain a trading account with TSO.
Customer service is available through live chat on its website. This is very convenient for many customers.
Trade Smart Online is in the stock broking industry since 1994.
TSO's online knowledge base has lot of information which is helpful for most customers.
Zerodha
Zero Account Opening Fee