The side-by-side comparison of Zerodha and Nirmal Bang. Compare Zerodha Vs Nirmal Bang brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Zerodha vs Nirmal Bang?
Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds.
Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment).
Ze...
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 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 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.
Zerodha | Nirmal Bang | |
---|---|---|
Type of Broker | Discount Broker | Full Service Broker |
Supported Exchnages | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX, NCDEX, NMCE |
Account Type | Flat Brokerage Plan | Basic Plan |
Year of Incorporation | 2010 | 1986 |
Number of Branches | 22 | 2000 |
Broker Enquiry |
![]() |
![]() |
Enquire Zerodha | Enquire Nirmal Bang |
Zerodha trading account opening charges is Rs 200 while Nirmal Bang account opening changes is Rs 0. Zerodha Demat Account AMC Charges is Rs 300 and Nirmal Bang Demat Account AMC Charges is Rs 200.
Zerodha | Nirmal Bang | |
---|---|---|
Trading Account Opening Charges | Rs 200 | Rs 0 |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 300 | Rs 200 |
Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.
Zerodha | Nirmal Bang | |
---|---|---|
Account Type | Flat Brokerage Plan | Basic Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 0 (Free) | 0.2% |
Equity Intraday Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.02% |
Equity Futures Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.02% |
Equity Options Brokerage | Rs 20 per executed order | Rs 35 |
Currency Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.02% |
Currency Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | Rs 20 |
Commodity Futures Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | 0.01% |
Commodity Options Trading Brokerage | Rs 20 per executed order or .03% whichever is lower | |
Special Offer | Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer |
Minimum Brokerage Charges | 0.03% in Intraday and F&O | |
Other Brokerage Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | |
Call & Trade Charges | Rs 50 per executed order |
Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Nirmal Bang exchange transaction charges for options is Rs 5700.
Zerodha | Nirmal Bang | |
---|---|---|
Equity Delivery | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | Rs 390 |
Equity Intraday | NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side) | Rs 390 |
Equity Futures | NSE Rs 200 per Cr (0.002%) | Rs 240 |
Equity Options | NSE Rs 5300 per Cr (0.053%) (on premium) | Rs 5700 |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) | Rs 240 |
Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) | Rs 5700 |
Commodity | Group A - Rs 260 per Cr (0.0026%) | Rs 250 |
Enquire Zerodha | Enquire Nirmal Bang |
Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.
Zerodha | Nirmal Bang | |
---|---|---|
Equity Delivery | 1x (no margin) | upto 10x |
Equity Intraday | Up to 20x (based on the stock) | Upto 4x |
Equity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Upto 4x |
Equity Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Upto 2x for shorting |
Currency Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Upto 2x for shorting |
Currency Options | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) | Upto 3x |
Commodity Futures | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span | Upto 3x |
Commodity Options | ||
Enquire Zerodha | Enquire Nirmal Bang |
The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.
Zerodha | 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 | Kite Web, Kite Mobile for Android/iOS and Coin | Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
Intraday Square-off Time | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | 3:15 |
Other Features | Direct Mutual Funds, APIs for Algo Trading | |
Referral Program | ![]() |
|
Enquire Zerodha | Enquire Nirmal Bang |
Zerodha is rated 3.7 of 5 based on 416 customer reviews whereas Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews.
Zerodha | 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 Zerodha | Enquire Nirmal Bang |
Zerodha | Nirmal Bang | |
---|---|---|
Pros |
|
|
Cons |
|
|
Reviews | ||
Promo / Offers | Free Equity Delivery TradingGet free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you. |
|
Enquire Zerodha | Enquire Nirmal Bang |
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc