The side-by-side comparison of TradeSmart and Nirmal Bang. Compare TradeSmart Vs Nirmal Bang brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best TradeSmart vs Nirmal Bang?
TradeSmart
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 offer brokerage service to Indian Stock, Commodity & Currency market investors and trades through franchisee and sub brokers.
TradeSmart offers trading in NSE Cash, NSE F&O, NSE Currency derivatives, BSE Cash, MCX Commodities and depository service of...
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...
Incorporated in 1994, TradeSmart is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 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.
TradeSmart | Nirmal Bang | |
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Type of Broker | Discount Broker | Full Service Broker |
Supported Exchnages | BSE, NSE, MCX | BSE, NSE, MCX, NCDEX, NMCE |
Account Type | Power Plan (?15/Order) | Basic Plan |
Year of Incorporation | 1994 | 1986 |
Number of Branches | 1 | 2000 |
Broker Enquiry |
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TradeSmart trading account opening charges is Rs 200 while Nirmal Bang account opening changes is Rs 0. TradeSmart Demat Account AMC Charges is Rs 300 and Nirmal Bang Demat Account AMC Charges is Rs 200.
TradeSmart | Nirmal Bang | |
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Trading Account Opening Charges | Rs 200 | Rs 0 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 200 | Rs 0 |
Demat Account AMC Charges | Rs 300 | Rs 200 |
TradeSmart brokerage charges for equity is Rs 15 per executed order and intraday is Rs 15 per executed order whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.
TradeSmart | Nirmal Bang | |
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Account Type | Power Plan (?15/Order) | Basic Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 15 per executed order | 0.2% |
Equity Intraday Brokerage | Rs 15 per executed order | 0.02% |
Equity Futures Brokerage | Rs 15 per executed order | 0.02% |
Equity Options Brokerage | Rs 15 per executed order | Rs 35 |
Currency Futures Trading Brokerage | Rs 15 per executed order | 0.02% |
Currency Options Trading Brokerage | Rs 15 per executed order | Rs 20 |
Commodity Futures Trading Brokerage | Rs 15 per executed order | 0.01% |
Commodity Options Trading Brokerage | Rs 15 per executed order | |
Special Offer | Special Offer: FREE Account Opening (Rs 400 waived) + Trade at flat Rs 15 per order. Get the offer |
TradeSmart | Nirmal Bang | |
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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 | Rs 7 Per Lot | Rs 35 |
Currency Futures Trading Brokerage | 0.007% | 0.02% |
Currency Options Trading Brokerage | Rs 7 Per Lot | Rs 20 |
Commodity Futures Trading Brokerage | 0.007% | 0.01% |
Commodity Options Trading Brokerage | Rs 7 Per Lot | |
Enquire TradeSmart | Enquire Nirmal Bang |
Minimum Brokerage Charges | Rs 15 per executed order | |
Other Brokerage Charges | Intraday positions (MIS, CO & BO) squared off by RMS team is charged at Rs 20 per executed order | |
Call & Trade Charges | Rs 20 per executed order |
TradeSmart transaction charges for options is 0.0715% while Nirmal Bang exchange transaction charges for options is Rs 5700.
TradeSmart | Nirmal Bang | |
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Equity Delivery | 0.0035% | Rs 390 |
Equity Intraday | 0.0035% | Rs 390 |
Equity Futures | 0.0024% | Rs 240 |
Equity Options | 0.0715% | Rs 5700 |
Currency Futures | 0.00165% | Rs 240 |
Currency Options | 0.06% | Rs 5700 |
Commodity | 0.0039% | Rs 250 |
Enquire TradeSmart | Enquire Nirmal Bang |
TradeSmart provides the margin of 30x trading margin for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.
TradeSmart | Nirmal Bang | |
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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 | |
Enquire TradeSmart | Enquire Nirmal Bang |
The trading platforms offered TradeSmart include NEST, NOW, Spin. Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.
TradeSmart | Nirmal Bang | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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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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Enquire TradeSmart | Enquire Nirmal Bang |
TradeSmart is rated 4.0 of 5 based on 65 customer reviews whereas Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews.
TradeSmart | Nirmal Bang | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire TradeSmart | Enquire Nirmal Bang |
TradeSmart | Nirmal Bang | |
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Pros |
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Cons |
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Reviews | Useful Articles:
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Promo / Offers | Limited Time Offer - Free Account Opening (Rs 400 waived)Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat Rs 15 per order. Get this limited time offer |
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Enquire TradeSmart | Enquire Nirmal Bang |
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