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Nuvama Wealth Vs Nirmal Bang: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Nuvama Wealth Max Rs 10 per trade while the brokerage of Nirmal Bang ranges between .02% to .20%. Nuvama Wealth is a Discount Broker where Nirmal Bang is a Full Service Broker. Nuvama Wealth is having overall higher rating compare to Nirmal Bang. Nuvama Wealth is rated 3.5 out of 5 where Nirmal Bang is rated only 3 out of 5. Number of active customer for Nuvama Wealth is 1,73,589 where number of active customer for Nirmal Bang is 1,41,246. Nuvama Wealth is serving more customer compare to Nirmal Bang.

Here we present side-by-side comparison of Nuvama Wealth vs Nirmal Bang share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Nuvama Wealth vs Nirmal Bang's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Nuvama Wealth vs Nirmal Bang share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Nuvama Wealth vs Nirmal Bang's on

• Brokerage plans
• Plan types
• Customer Service
• Maintenance fees
• AMC
• Trading Platforms
• Rating
• Reviews
• Mobile App
• Margin/Leverage/Exposure
• Demat Account
• Investment Options
• And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Nuvama Wealth vs Nirmal Bang on Service

	Nuvama Wealth	Nirmal Bang
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Full Service Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX
Active Clients	1,73,589	1,41,246
Broker Overview	One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i...	Open a free trading & demat account with one of the most prominent full-service brokers in India. Get the best Nirmal Bang Research & advisory, portfolio management services, and trade on the superfast Beyond and ODIN trading platforms.
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Account Opening Charges and AMC

Compare Nuvama Wealth vs Nirmal Bang on Trading & Demat Account Opening Charges

Comparison of Nuvama Wealth with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nuvama Wealth with Nirmal Bang

Charges	Nuvama Wealth	Nirmal Bang
Trading Account Opening Fees	Free	Free
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]	Rs 200 PA
Provide DP Service

About Brokerage Plans

Compare Nuvama Wealth vs Nirmal Bang on Plan Options

Plans are the most important feature you look when compare Nuvama Wealth with Nirmal Bang. This section compare on high level about type of plans offered by brokers. Multiple Plans - Nuvama Wealth provide Multiple Plans where Nirmal Bang doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Nuvama Wealth with Nirmal Bang on Plan Options

Plan Types	Nuvama Wealth	Nirmal Bang
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare Nuvama Wealth vs Nirmal Bang on Brokerage Charges

Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.

Nirmal Bang Brokerage Plan detail - Nirmal Bang default brokerage plan charges a fixed rate of percentage-based brokerage fee on trading in different segments.

Share Broker's Transaction Charges

Compare Nuvama Wealth vs Nirmal Bang on Transaction Charges

Compare Nuvama Wealth with Nirmal Bang on transaction charges and PCM fee by segment.

Account Features

Compare Nuvama Wealth vs Nirmal Bang on Account Features

Compare Nuvama Wealth with Nirmal Bang on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Nuvama Wealth offers NRI where Nirmal Bang doesn't offers NRI Trading.

Account Features - Nuvama Wealth with Nirmal Bang

Account Features Compare	Nuvama Wealth	Nirmal Bang
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare Nuvama Wealth vs Nirmal Bang on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nuvama Wealth and Nirmal Bang. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Nuvama Wealth with Nirmal Bang

Trading Platform Compare	Nuvama Wealth	Nirmal Bang
Desktop Trading Platform	Xtreme Trader	ODIN Diet
Desktop Demo	Desktop Demo	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://tlounge.edelweiss.in/Login	https://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo	Info Not Available	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	Nuvama Mobile Trader	Beyond
Mobile Trading App Demo	Nuvama Mobile Trader Demo	Info Not Available
Android Mobile App
Android App Download	Andriod Nuvama Mobile Trader Download	Andriod Beyond Download
iPhone Mobile App (IOS)
iOS App Download	iOS Nuvama Mobile Trader Download	iOS Beyond Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Info Not Available
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth	Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang
Futures Brokerage Calculator	Futures Brokerage Calculator for Nuvama Wealth	Futures Brokerage Calculator for Nirmal Bang
Options Brokerage Calculator	Options Brokerage Calculator for Nuvama Wealth	Options Brokerage Calculator for Nirmal Bang
Detail	Detail on Trading Platforms for nuvama-wealth	Detail on Trading Platforms for nirmal-bang

Broker Ratings by Users

Compare Nuvama Wealth vs Nirmal Bang on User Rating

	Nuvama Wealth	Nirmal Bang
	4 Customer Reviews	2 Customer Reviews
Fees Ratings	2.8	3.5
Trading Brokerage Rating	3.0	4.0
Trading Platform Usability	3.5	3.0
Customer Service Ratings	1.8	3.5
Overall Ratings	2.0	3.5
Broker Rating	Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews	Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews

Investment Offerings

Compare Nuvama Wealth vs Nirmal Bang on Investment Offerings

Compare Nuvama Wealth with Nirmal Bang on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Nuvama Wealth provide PMS Service where Nirmal Bang doesn't offer

Investment Offerings - Compare Nuvama Wealth with Nirmal Bang

Investment Offerings Compare	Nuvama Wealth	Nirmal Bang
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL

Order Types

Compare Nuvama Wealth vs Nirmal Bang on Order Types

Order Type - Compare Nuvama Wealth with Nirmal Bang on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Nuvama Wealth provide Cover Orders (CO) where Nirmal Bang doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Nuvama Wealth with Nirmal Bang

Order Type Compare	Nuvama Wealth	Nirmal Bang
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Nuvama Wealth vs Nirmal Bang on Customer Service

Compare Nuvama Wealth with Nirmal Bang on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Nuvama Wealth with Nirmal Bang

Customer Service Compare	Nuvama Wealth	Nirmal Bang
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	1800 102 3335	Info Not Available
Account Opening Process	Online/Paperless	Info Not Available
Customer Support Email	[email protected]	Info Not Available
Knowledge Center/Education	https://www.nuvamawealth.com/investology	Info Not Available
Head Office Address	Edelweiss House, Off CST Road, Kalina, Mumbai - 400098	Info Not Available
Website	https://www.nuvamawealth.com/	Info Not Available

Tips/Research/Reports Published

Compare Nuvama Wealth vs Nirmal Bang on Research Reports, Tips

Compare Nuvama Wealth with Nirmal Bang on research reports and tips provided by the broker.

Research Reports - Compare Nuvama Wealth with Nirmal Bang

	Nuvama Wealth	Nirmal Bang
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Nuvama Wealth vs Nirmal Bang on Demat Account

Compare Nuvama Wealth with Nirmal Bang on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Nuvama Wealth is Free (₹1500 one time charges) where for Nirmal Bang is ₹360 pa. Nuvama Wealth is a better choice in terms of Demat AMC compare to Nirmal Bang.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Nuvama Wealth is 0.02% of transaction value or ₹20 per transaction whichever is higher where for Nirmal Bang is 0.03% of the transaction value (Min ₹15).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Nuvama Wealth with Nirmal Bang

	Nuvama Wealth	Nirmal Bang
DP Source	CDSL	CDSL
DP ID	19100	No
Demat Account Annual Maintenance Charges(AMC)	Free (₹1500 one time charges)	₹360 pa
Advance Deposit	NIL	NIL
Statutory charges	Nil	Nil
Transaction Charges on Debit (Per ISIN)	0.02% of transaction value or ₹20 per transaction whichever is higher	0.03% of the transaction value (Min ₹15)
Demat	₹2 per certificate + ₹30 courier charges	₹40 per demat requets + ₹40 for additional 50 certificate
Remat	₹10 for every hundred securities after that ₹10 per request + ₹30 request charges	0.04% of the value or ₹15 per certificate (whichever is higher)
Pledge Creation	0.02% of transaction value (Min ₹50)	0.02% of the transaction value (Min ₹100)
Pledge Creation Confirmation	Nil	Nil
Pledge Closure	0.02% of transaction value (Min ₹50)	0.02% of the transaction value (Min ₹100)
Pledge Closure Confirmation	Nil	Nil
Pledge Invocation	0.02% of transaction value (Min ₹50)	0.02% of the transaction value (Min ₹100)
Failed Instruction Charges	Nil	Nil
Other Charges	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare Nuvama Wealth vs Nirmal Bang on Special Offers and Promotion

Compare Nuvama Wealth with Nirmal Bang on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Nuvama Wealth vs Nirmal Bang on Special Offers and Promotion

	Nuvama Wealth	Nirmal Bang
Pay In and Pay Out Options	Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Nuvama Web,Mobile Trader. Pay-out/Fund Withdrawal - Bank Transfer only	Info Not Available
Payout Time	Upto 24 Hrs except Bank Holidays.	Info Not Available
Bank Supported and Charges	Info Not Available	Info Not Available
Bank Detail	Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000	Info Not Available
Likes	Multiple products; equity, derivatives, IPO, mutual funds, bonds, debt instruments. Trade at Rs 10/order flat brokerage Free Guided Portfolio, an expert-curated basket for investors User-friendly interface of Markets mobile app and TX3 terminal Get free expert research reports and trading tips. Place bracket order, cover order, and GTD order. Investology, is a stock market learning platform for beginners to experts. Margin trading facility. Decent physical presence with branches Detail Review...	Multiple trading and investment products. Zero account opening fees. Low maintenance charges. Trade on the web, Beyond mobile app, and ODIN desktop platform. Next-gen Algo trading platform to automate your trading journey. Technical calls and research across equity, commodity, currency, mutual funds, etc. Institutional research including sector and company-specific reports. An abundance of educational sources i.e., articles, blogs, and educational videos. Margin trading facility (MTF) and Loan against securities (LAS). After-market order (AMO) facility. Detail Review...
Dislikes	NRI trading is not offered. No 3-in-1 account opening services Call & trade and research services are available at additional cost in Lite plan. Brokerage charges are high in the Elite % based pricing plan. Detail Review...	Nirmal Bang does not provide Good Till Triggered (GTT) order High brokerage charges than discount brokers. Minimum margin money of Rs. 10,000 is required to maintain. It does not provide a 3-in-1 account opening facility. Detail Review...
Special Offers/Promo
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