Nirmal Bang Review - A Full Service Broker India 2018

Last Updated - 2018-05-16

Rated 3/5 based on 62 customer reviews

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Nirmal Bang empowers you with world-renowned research reports, finest trading platform, IPO investment, portfolio management services and so on for successful investment and trading comforts.

Brokerage Charges
Investments Offering
Trading Platform
Customer Service

Why Nirmal Bang?

  • Investment and trading advisory services based on technical, fundamental and market research.
  • All investment options - Equities, IPO, Mutual Funds, ETFs, Commodities, F&O.
  • Client focus and timely service.
  • Fortnightly magazine Beyond Market - Latest from Market & Tips.
  • SMS Alerts.
  • Margin facility available through NBFC.

Great customer support, PAN India presence, research reports, branch offices, free call and trade facility.


Minimum brokerage charges, charges for charts & technical analysis software.

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Nirmal Bang Review - 2018

Incorporated in 1989,Nirmal Bang Securities Pvt Ltd (Nirmal Bang) is amongst the top full-service broking firm with PAN India presence. Nirmal Bang started up with the DP services and added broking, commodities and insurance advisory services to diversify into allied activities. The Group was thus the first in the history of the Bombay Stock Exchange to acquire six membership rights of the Exchange.

Nirmal Bang is registered members of the Bombay Stock Exchange Limited (BSE), National Stock Exchange of India Limited (NSE), Multi Commodity Exchange of India Limited (MCX), National Commodity & Derivatives Exchange Limited (NCDEX), National Multi Commodity Exchange of India Limited (NMCE) and MCX Stock Exchange Limited and depository participants of NSDL and CDSL.

The company offers comprehensive range of products and services to meet the financial needs of its clients. In addition to traditional broking services (Trading in Equities & Derivatives), Nirmal Bang is providing commodity trading, currency derivatives trading and you can have access to a wide range of financial products like IPOs, mutual funds, insurance and depository services. Nirmal Bang Financial Services Pvt Ltd is a RBI registered Non-Banking Financial Company (NBFC) which offers margin funding facility to its clients. Margin can be provided in cash as well as approved securities.

On Customer service - Even though Nirmal Bang is traditional broker, but with our personal experience they are very client focused. They value each client, no matter what size, as a long-term relationship. And there dedicated customer service team seek to provide unmatched service to each client and place him as a partner at the center of everything. Customer relation is core of Nirmal Bang and timely service is part of their vision. They have a dedicated and effective customer service unit to serve channel, partners and end clients.

Nirmal Bang with closest competitors
Broker Nirmal Bang Zerodha ICICIDirect Sharekhan ProStocks
Service Type Full Service Broker Discount Broker Full Service Broker Full Service Broker Discount Broker
Brokerage .02% to .20% Rs 20 0.05 to .55% 0.1 to 0.5% Rs 15
Account Type 2 in 1 2 in 1 3 in 1 2 in 1 2 in 1
Monthly Plans No No No Yes
Please refer unique and accurate Nirmal Bang Brokerage Calculator

Nirmal Bang Brokerage Charges - 2018

Nirmal Bang Brokerage plan is quite simple and competitive. The broker charges .20% for trading in equity cash, .02% for trading in Intraday and Future. Option trading can be done at Rs 100 per lot.

The equity delivery brokerage of .20% is significantly less expensive than all the big brokers, such as ICICIDirect, Sharekhan, HDFC Securities, etc. For Equity Intraday and future traders, the brokerage rate of .02% is very competitive that cannot be overlooked. It's the cheapest in the full service Broker Industry.

Equity Option Trading @ Rs 100 per lot with Nirmal Bang is little expensive.

For Commodity Future, the brokerage rate is .02%(Both Side) and for Options its .10%(One Side).

For Currencies Future, the brokerage rate is .02%(Both Side) and no minimum brokerage. For Option its Rs 20 Per Lot.

Minimum Brokerage: The minimum brokerage charged by Nirmal Bang is 2 paisa.

Optional Service - Charts & Technical analysis software "FALCON" is available with additional charges.

For complete brokerage charges and trading plans detail please visit Nirmal Bang Brokerage Charges.
Nirmal Bang Brokerage Charges - Basic Plan
Brokerage Plan Basic Plan
Flat Fee
Equity Delivery .20%
Equity Intraday .02%
Equity Futures .02%
Equity Options Rs 100 per lot
Currency Futures .02%
Currency Options Rs 20 per lot
Commodity .02%

Account Opening with Nirmal Bang

  • Website:
  • Phone Number: 022-39268600
  • E-mail:[email protected]

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Nirmal Bang Web, Mobile app and Desktop base trading platform - 2018

As Nirmal Bang is full service broker with PAN India presence, they have trading terminals (both direct and indirect), online monitoring, control terminals (administration terminals) and back office support terminals (settlement terminals) across all locations and centers.

The Company is doing trading with India's best single screen Multi Exchange Trading Software platform. Their entire terminals are connected through sophisticated security features. Dedicated Phone and chat support to all client, branches and partner for technical support.

Nirmal Bang is using Desktop base [ODIN Diet], Webbase [] and mobile base trading platform from Financial Technologies (India) Ltd.

Nirmal Bang ODIN Diet Desktop Base Trading Platform - NB is using well reputed ODIN Diet trading platform. ODIN Diet is an application-based trading front office solution enabling clients to connect to Nirmal Bang servers via the Internet. - The trading portal not only provides trading platform but also provides online feeds, portfolio tracking tool, a wide range of financial news, information and various research reports facilitating quick decision-making. Some more ad-on features are all segment broadcasts, multi-featured graphs, online payment gateways and automatic password mailer utility for better security.

NBTRADE(NirmalBang Mobile Trading):This is Nirmal Bang's official stock trading mobile application. The application enables clients registered with Nirmal Bang to trade in Indian Equity, Derivatives, Commodities and Currency markets.

    Key Highlights:-
  • Multi Exchange Streaming Market Watch
  • Trade facility in NSE, BSE, NSEFO, MCX & NCDEX
  • Live Reports
  • Crisp Charts Intraday and Historic
  • Streaming and Lite Mode to suit
  • Customized and Multiple Market Watch
  • Place After Market Orders (AMO)

Fund Transfer from 25 Banks are possible from Website, ODIN Diet, Net-Net Lite.

For BackOffice, Nirmal Bang is using Lidha Didha system of Apex Softcell Pvt. Ltd. This is one of the topmost back office software in the industry.

For detail review of mobile app and download please visit Nirmal Bang Mobile App.

Nirmal Bang Product and Services

3 in 1 Accounthelp
Multiple Plans help
Monthly Plan help
Yearly Plan help
Portfolio help
Charting help
Automated Trading help
AMO Order help
Allow GTC Order help
SMS Alerts help
Margin Trade Funding help
Combined Ledger for Equity and Commodityhelp
NRI Trading help

Nirmal Bang Offering of Investments

Equity Cash and F&O help
Currency F&O help
Commodity Trading help
Mutual Funds help
ETF help
IPO Investment help
Bonds Investment help
Debt Investment help
Banking Service help
Insurance Service help
SIP Investment help

Nirmal Bang Trading Platforms & Tools

Desktop Platform (Windows) help
Desktop Platform (Mac) help
Web Platform help
Stock Alerts Delivery - Email help
Stock Alerts Delivery - Text SMS help
Virtual Trading help
Watch-lists, streaming real-time quotes help
Mobile Trading help
Android Tablet App help
Android App help
iPhone App help
iPad App help
Mobile Trading Site help

Nirmal Bang Customer Service

Phone Support help
Toll Free Number help
Email Support help
Branch Offices help
Live Chat (Current Clients) help
24/7 Support help

Nirmal Bang Research and Market Reports

Daily Market Report help
Free Tips help
Quarterly Results help
New Alerts help
Mutual Funds Research help
Research Equity Reports help
ETF Research help

Final thought about Nirmal Bang

Nirmal Bang is type of broker who is more interested in carrying business through their sub brokers and branches in different cities. Their focus is to attract local customer city wise and not on centralized online trading. They have improved their online presence by updating their site with new look and feel. While not the broker for everyone, especially for new generation, Nirmal Bang's well-respected place in the realm of full service brokers should continue to grow in 2016.

Nirmal Bang User Reviews

4. MD AMIN  Feb 9, 2018 7:17:41 PM IST Reply
There are lot of hidden charges.. Brokerage is too high.
3. VARUN  Dec 25, 2017 6:43:36 PM IST Reply
Reasonable brokerage


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Above Average
Customer Service - Above Average
Overall Experience - Above Average
2. balaji  Oct 12, 2017 11:11:29 AM IST Reply


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
1. Amelia Hams  Apr 4, 2016 4:07:17 PM IST Reply

You have mentioned wrong email ID, i.e. Email. Its not working. Please change it to Email, this is right email ID.

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