SMC Global Vs Nirmal Bang (Compare SMC Global and Nirmal Bang)
The side-by-side comparison of SMC Global and Nirmal Bang. Compare SMC Global Vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Nirmal Bang and SMC Global review.
Find out SMC Global Vs Nirmal Bang which is better and SMC Global Vs Nirmal Bang which is best.
Our SMC Global Limited comparison with Nirmal Bang Securities Pvt Ltd highlights the major differences between two brokers. Find the best between SMC Global and Nirmal Bang.
SMC Global Vs Nirmal Bang
SMC Global
Nirmal Bang
Find more info about broker
About the Broker
Incorporated in 1994, SMC Global Limited is a leading financial services company in India offering services across brokerage, investment banking and wealth management.
SMC Global has a presense in India as well as internationally through office...
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
Full Service Broker
Full Service Broker
Supported Exchnage
NSE, BSE, MCX, NCDEX
BSE, NSE, MCX, NCDEX, NMCE
Account Type
Basic Plan
Broker Enquiry
Year of Incorporation
1994
1986
Number of Branches
2450
2000
Enquire SMC Global
Enquire Nirmal Bang
SMC Global Vs Nirmal Bang Charges
SMC Global
Nirmal Bang
Trading Account Opening Fees
Nil
₹0
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
₹499
₹0
Demat Account AMC
₹300
₹200
Demat Account is Mandatory?
No
No
SMC Global Vs Nirmal Bang Brokerage
Brokerage Plan 1
SMC Global
Nirmal Bang
Account Type
Basic Plan
Fixed Charges
Equity Delivery Brokerage
0.3%
0.2%
Equity Intraday Brokerage
0.03%
0.02%
Equity Futures Brokerage
0.03%
0.02%
Equity Options Brokerage
₹70 per lot
₹35
Currency Futures Trading Brokerage
0.03%
0.02%
Currency Options Trading Brokerage
₹20 per lot
₹20
Commodity Futures Trading Brokerage
0.03%
0.01%
Commodity Options Trading Brokerage
0.03%
Special Offer
Other Charges
Minimum Brokerage Charges
Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges
Call & Trade Charges
SMC Global Vs Nirmal Bang Taxes
SMC Global
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.
SMC Global Vs Nirmal Bang Transaction Charges
SMC Global
Nirmal Bang
Equity Delivery
0.0035%
₹390
Equity Intraday
0.0035%
₹390
Equity Futures
0.0029%
₹240
Equity Options
0.065% (on premium)
₹5700
Currency Futures
0.0029%
₹240
Currency Options
0.065% (on premium)
₹5700
Commodity
0.0030%
₹250
SMC Global Vs Nirmal Bang Exposure Margin
SMC Global
Nirmal Bang
Equity Delivery
Upto 3x
upto 10x
Equity Intraday
Upto 10x Intraday
Upto 4x
Equity Futures
Upto 2x
Upto 4x
Equity Options
NA
Upto 2x for shorting
Currency Futures
NA
Upto 2x for shorting
Currency Options
NA
Upto 3x
Commodity Futures
Upto 2x
Upto 3x
Commodity Options
SMC Global and Nirmal Bang Feature Comparison
SMC Global
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
SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time
3:15
Other Features
Referral Program
SMC Global Vs Nirmal Bang Review
SMC Global
Nirmal Bang
14 Customer Reviews
14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
SMC Global is Rated 3.9 / 5 based on 14 customer reviews Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
SMC Global Vs Nirmal Bang Investment Options
SMC Global
Nirmal Bang
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
SMC Global Vs Nirmal Bang Customer Service
SMC Global
Nirmal Bang
24/7 Customer Service
Onine Live Chat
Through Branches
SMC Global Vs Nirmal Bang Order Type Offered
SMC Global
Nirmal Bang
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
SMC Global Vs Nirmal Bang Research Report
SMC Global
Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
SMC Global Vs Nirmal Bang Suitable For Investor Type
SMC Global
Nirmal Bang
Casual Investor
Active Investor
Trader
SMC Global Vs Nirmal Bang - Advantages and Disadvantages
SMC Global
Nirmal Bang
Pros
They have 50+ branches for extensive reach.
Call and trade facility is also available.
Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders.
Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
Trading is available in both BSE and NSE.
Low bandwidth website is available for slow internet connection or for trading from mobile devices.
More Advantages...
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
More Advantages...
Cons
Mobile trading on NSE is not available.
They don't offer 3 in 1 account.
There charge extra for their featured products.
More Disadvantages...
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.
More Disadvantages...
Reviews
Promo / Offers
Zerodha
Zero Account Opening Fee