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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, 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...

TradeSmart Vs Nirmal Bang

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
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
	Enquire TradeSmart	Enquire Nirmal Bang

TradeSmart Vs Nirmal Bang Charges & AMC

TradeSmart trading account opening charges is ₹200 while Nirmal Bang account opening changes is ₹0. TradeSmart Demat Account AMC Charges is ₹300 and Nirmal Bang Demat Account AMC Charges is ₹200.

	TradeSmart	Nirmal Bang
Trading Account Opening Charges	₹200	₹0
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹200	₹0
Demat Account AMC Charges	₹300	₹200

TradeSmart Vs Nirmal Bang Brokerage Charges & Plans

TradeSmart Vs Nirmal Bang Brokerage

TradeSmart brokerage charges for equity is ₹15 per executed order and intraday is ₹15 per executed order whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

	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	₹35
Currency Futures Trading Brokerage	₹15 per executed order	0.02%
Currency Options Trading Brokerage	₹15 per executed order	₹20
Commodity Futures Trading Brokerage	₹15 per executed order	0.01%
Commodity Options Trading Brokerage	₹15 per executed order
Special Offer	Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

TradeSmart Vs Nirmal Bang 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	₹35
Currency Futures Trading Brokerage	0.007%	0.02%
Currency Options Trading Brokerage	₹7 Per Lot	₹20
Commodity Futures Trading Brokerage	0.007%	0.01%
Commodity Options Trading Brokerage	₹7 Per Lot
	Enquire TradeSmart	Enquire Nirmal Bang

TradeSmart Charges Vs Nirmal Bang

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 Transaction Charges

TradeSmart transaction charges for options is 0.0715% while Nirmal Bang exchange transaction charges for options is ₹5700.

	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
	Enquire TradeSmart	Enquire Nirmal Bang

TradeSmart Vs Nirmal Bang Leverage (Margin)

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
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

Compare TradeSmart and Nirmal Bang Features

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
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
	Enquire TradeSmart	Enquire Nirmal Bang

TradeSmart Vs Nirmal Bang Review

TradeSmart is rated 4.0 of 5 based on 64 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews.

	TradeSmart	Nirmal Bang
	64 Customer Reviews	16 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	TradeSmart is rated 4.0 of 5 based on 64 customer reviews	Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews

Contact Broker / Request A Call Back

	TradeSmart Enquire	Nirmal Bang Enquire
Contact Broker	FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer Name Phone # Email City Name State Are you a day trader?	Leave your contact information and we will get in touch with you.... Name Phone # Email City Name State Are you a day trader?

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 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)
	Enquire TradeSmart	Enquire Nirmal Bang

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 - Pros and Cons

	TradeSmart	Nirmal Bang
Pros	EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with an annual subscription fee of ₹1000. Unlike most of the discount brokers; TradeSmart 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. The 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. TradeSmart is in the stock broking industry since 1994. TSO's online knowledgebase has a lot of information which is helpful for most customers.	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	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.	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	Useful Articles: Know more about Flat Fee Share Brokers in India (Also known as budget broker or discount broker)
Promo / Offers	Limited Time Offer - Free Account Opening (₹400 waived) Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat ₹15 per order. Get this limited time offer
	Enquire TradeSmart	Enquire Nirmal Bang

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TradeSmart	Nirmal Bang
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