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Trade Smart Online Vs Nirmal Bang (Compare Trade Smart Online and Nirmal Bang)

The side-by-side comparison of Trade Smart Online and Nirmal Bang. Compare Trade Smart Online Vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Nirmal Bang and Trade Smart Online review.

Find out Trade Smart Online Vs Nirmal Bang which is better and Trade Smart Online Vs Nirmal Bang which is best.

Our Trade Smart Online comparison with Nirmal Bang Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Trade Smart Online and Nirmal Bang.

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Trade Smart Online Vs Nirmal Bang

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
 
Trade Smart Online Logo Nirmal Bang Securities Pvt Ltd Logo
About the Broker Trade Smart Online (TSO) is Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart Online is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorp... Know more about Trade Smart Online 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... Know more about Nirmal Bang Securities Pvt Ltd
Type of Broker Discount Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX, NMCE
Account Type Power Plan (₹15/Order) Basic Plan
Broker Enquiry Open an Online Trading Account with Trade Smart Online. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Nirmal Bang. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 1986
Number of Branches 1 2000
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Trade Smart Online Vs Nirmal Bang Charges

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
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
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Trade Smart Online Vs Nirmal Bang Brokerage

Brokerage Plan 1

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
Account Type Power Plan (₹15/Order) Basic Plan
Fixed Charges
Equity Delivery Brokerage ₹15 0.2%
Equity Intraday Brokerage ₹15 0.02%
Equity Futures Brokerage ₹15 0.02%
Equity Options Brokerage ₹15 Rs 35
Currency Futures Trading Brokerage ₹15 0.02%
Currency Options Trading Brokerage ₹15 Rs 20
Commodity Futures Trading Brokerage ₹15 0.01%
Commodity Options Trading Brokerage ₹15

Brokerage Plan 2

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
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

Other Charges

Minimum Brokerage Charges ₹15
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order
Call & Trade Charges ₹20 per executed order
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Trade Smart Online Vs Nirmal Bang Taxes

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Trade Smart Online Vs Nirmal Bang Transaction Charges

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
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
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Trade Smart Online Vs Nirmal Bang Exposure Margin

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
Equity Delivery 1x (no margin) upto 10x
Equity Intraday 30x trading margin Upto 4x
Equity Futures 7x trading margin Upto 4x
Equity Options 7x trading margin Upto 2x for shorting
Currency Futures 3x trading margin Upto 2x for shorting
Currency Options 3x trading margin Upto 3x
Commodity Futures 6x trading margin Upto 3x
Commodity Options
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Trade Smart Online and Nirmal Bang Feature Comparison

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
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
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Trade Smart Online Vs Nirmal Bang Review

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
  58 Customer Reviews    Rate Trade Smart Online 14 Customer Reviews    Rate Nirmal Bang
Fees Ratings 3.9 3.7
Trading Brokerage Rating 4.5 3.5
Trading Platform Usability 3.7 2.7
Customer Service Ratings 4.1 2.5
Overall Ratings Rated 4.1 stars Rated 2.6 stars
Broker Rating Trade Smart Online is Rated 4.1 / 5 based on 58 customer reviews Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
Contact / Request Call Back
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Trade Smart Online Vs Nirmal Bang Investment Options

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt No Yes
Other Investment Options
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Trade Smart Online Vs Nirmal Bang Customer Service

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
24/7 Customer Service No No
Onine Live Chat Yes Yes
Through Branches No Yes
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Trade Smart Online Vs Nirmal Bang Order Type Offered

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) No No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Trade Smart Online Vs Nirmal Bang Research Report

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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Trade Smart Online Vs Nirmal Bang Suitable For Investor Type

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes
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Trade Smart Online Vs Nirmal Bang - Advantages and Disadvantages

  Trade Smart Online Nirmal Bang Securities Pvt Ltd
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 investing 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 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 information which is helpful for most customers.

More Advantages...

  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

More Advantages...

Cons
  • Call and Trade is charged at extra ₹20 per executed order.
  • Physical contract notes ₹20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.

More Disadvantages...

  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.

More Disadvantages...

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