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Zerodha Vs Nirmal Bang (Compare Zerodha and 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...

Zerodha Vs Nirmal Bang

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
Exchnage Membership	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

	Open Zerodha Account	Enquire Nirmal Bang

Zerodha Vs Nirmal Bang Charges & AMC

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 Vs Nirmal Bang Brokerage Charges & Plans

Zerodha Vs Nirmal Bang Brokerage

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	Rs 0 (Free)	0.2%
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	0.02%
Equity Futures	Rs 20 per executed order or .03% whichever is lower	0.02%
Equity Options	Rs 20 per executed order	Rs 35
Currency Futures	Rs 20 per executed order or .03% whichever is lower	0.02%
Currency Options	Rs 20 per executed order or .03% whichever is lower	Rs 20
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	0.01%
Commodity Options	Rs 20 per executed order or .03% whichever is lower
Special Offer	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

Zerodha Charges Vs Nirmal Bang

Minimum Brokerage	0.03% in Intraday and F&O
Other Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per executed order

Zerodha Vs Nirmal Bang Transaction Charges

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
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Zerodha Vs Nirmal Bang Leverage (Margin)

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
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Compare Zerodha and Nirmal Bang Features

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
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
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Zerodha Vs Nirmal Bang Review

Zerodha is rated 3.7 of 5 based on 422 customer reviews whereas Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews.

	Zerodha	Nirmal Bang
	422 Customer Reviews	19 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 422 customer reviews	Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews

Contact Broker / Request A Call Back

	Zerodha Enquire	Nirmal Bang Enquire
Contact Broker	Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.	Leave your contact information and we will get in touch with you.... Name Phone # Email City Name State Are you a day trader?

Zerodha Vs Nirmal Bang Investment Options

	Zerodha	Nirmal Bang
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Zerodha Vs Nirmal Bang Order Type Offered

	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)
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Zerodha Vs Nirmal Bang Research Report

	Zerodha	Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Zerodha Vs Nirmal Bang Suitable For Investor Type

	Zerodha	Nirmal Bang
Casual Investor
Active Investor
Trader

Zerodha Vs Nirmal Bang - Pros and Cons

	Zerodha	Nirmal Bang
Pros	India's No. 1 broker in terms of the number of active clients and exchange volume. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.	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	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.	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
Promo / Offers	Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + Trade with the best trading platform in India. This is a limited-time offer. Open Instant Zerodha Account online and start trading today.
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