Compare 3 Brokers

Edelweiss Vs Nirmal Bang: Which one is better?

The brokerage of Edelweiss ranges between Max Rs 10 while the brokerage of Nirmal Bang ranges between .02% to .20%. Both the brokers are Full Service brokers. Edelweiss is having overall higher rating compare to Nirmal Bang. Edelweiss is rated 3.5 out of 5 where Nirmal Bang is rated only 3 out of 5.

Here we present side-by-side comparison of Edelweiss 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 Edelweiss 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.

Compare Edelweiss vs Nirmal Bang on Service

  Edelweiss Compare
Edelweiss
Nirmal Bang Compare
Nirmal Bang
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Broker Overview A huge network of sub-brokers, trading in all of the segments backed up by strong research, strategies and analytical tools, Edelweiss has everything and more than an investor need to success but at a little higher cost. 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.
Broker Enquiry Open an Online Trading Account with Edelweiss. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Nirmal Bang. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Edelweiss vs Nirmal Bang on Trading & Demat Account Opening Charges

In this section we have compared Edelweiss with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Nirmal Bang offer Free account opening where Edelweiss charges Rs 750 (Free Offer) for account opeing. Demat AMC charges - Edelweiss charges Rs 500 pa (Second Year Onward) AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Edelweiss with Nirmal Bang
Charges Edelweiss Nirmal Bang
Trading Account Opening Fees Rs 750 (Free Offer) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 pa (Second Year Onward) Rs 200 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Edelweiss vs Nirmal Bang on Plan Options

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

Compare Edelweiss with Nirmal Bang on Plan Options
Plan Types Edelweiss Nirmal Bang
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Edelweiss Nirmal Bang
Account Opening Request
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Brokerage Charges

Compare Edelweiss vs Nirmal Bang on Brokerage Charges

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

Nirmal Bang Brokerage Plan detail - This is a standard plan by Nirmal Bang.This is % based brokerage plan.

Brokerage Charges - Compare Edelweiss with Nirmal Bang
Brokerage Charges Compare Edelweiss Nirmal Bang
Plan Name Edelweiss Lite Basic Trading Plan (Percentage Based)
Equity Delivery Rs.10 / 0.01% whichever lower 0.2% or 20 paisa
Equity Intraday Rs.10 / 0.01% whichever lower 0.02% or 2 paisa
Equity Futures Rs.10 / 0.01% whichever lower 0.02% or 2 paisa
Equity Options Flat Fee Rs 10 Rs 100 Per Lot
Currency Futures Rs.10 / 0.01% whichever lower 0.02% or 2 paisa
Currency Options Flat Fee Rs 10 Rs 20 Per Lot
Commodity Trading NA 0.02% or 2 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Free Info Not Available
Brokerage Calculator Brokerage Calculator for Edelweiss Brokerage Calculator for Nirmal Bang
SPAN Margin Calculator SPAN Margin Calculator for Edelweiss SPAN Margin Calculator for Nirmal Bang
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Share Broker's Transaction Charges

Compare Edelweiss vs Nirmal Bang on Transaction Charges

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

Transaction Charges - Compare Edelweiss with Nirmal Bang
Transaction Charges Compare Edelweiss Nirmal Bang
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for edelweiss-broking Complete Brokerage Plans for nirmal-bang
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Account Features

Compare Edelweiss vs Nirmal Bang on Account Features

Compare Edelweiss 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 tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - Edelweiss offers NRI where Nirmal Bang doesn't offers NRI Trading.

Account Features - Edelweiss with Nirmal Bang
Account Features Compare Edelweiss Nirmal Bang
3 in 1 Account No Edelweiss have 2-in-1 account. Only Demate and Trading account. No Edelweiss have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Edelweiss vs Nirmal Bang on Trading Platform

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

Trading Platform - Compare Edelweiss with Nirmal Bang
Trading Platform Compare Edelweiss Nirmal Bang
Desktop Trading Platform Xtreme Trader ODIN Diet
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://tlounge.edelweiss.in/Login https://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Edelweiss Mobile Trader Beyond
Mobile Trading App Demo Edelweiss Mobile Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Edelweiss Mobile Trader Download Andriod Beyond Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Edelweiss Mobile Trader Download iOS Beyond Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Edelweiss Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang
Futures Brokerage Calculator Futures Brokerage Calculator for Edelweiss Futures Brokerage Calculator for Nirmal Bang
Options Brokerage Calculator Options Brokerage Calculator for Edelweiss Options Brokerage Calculator for Nirmal Bang
Detail Detail on Trading Platforms for edelweiss-broking Detail on Trading Platforms for nirmal-bang

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Broker Ratings by Users

Compare Edelweiss vs Nirmal Bang on User Rating

  Edelweiss Nirmal Bang
  1 Customer Reviews    Rate Edelweiss 2 Customer Reviews    Rate Nirmal Bang
Fees Ratings 2.0 3.5
Trading Brokerage Rating 3.0 4.0
Trading Platform Usability 3.0 3.0
Customer Service Ratings 1.0 3.5
Overall Ratings Rated 1.0 stars Rated 3.5 stars
Broker Rating Edelweiss is Rated 1.0 / 5 based on 1 customer reviews Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Edelweiss vs Nirmal Bang on Investment Offerings

Compare Edelweiss 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - Edelweiss provide PMS Service where Nirmal Bang doesn't offer

Investment Offerings - Compare Edelweiss with Nirmal Bang
Investment Offerings Compare Edelweiss Nirmal Bang
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Edelweiss vs Nirmal Bang on Order Types

Order Type - Compare Edelweiss with Nirmal Bang on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Edelweiss 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 brokers 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 facility. The orders are send to exchange on the next trading day. GTC Orders- both brokers doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Edelweiss with Nirmal Bang
Order Type Compare Edelweiss Nirmal Bang
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes No
Bracket Ordre No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare Edelweiss vs Nirmal Bang on Margin/Leverage

Comapre Edelweiss with Nirmal Bang on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Edelweiss with Nirmal Bang
Margin Product Compare Edelweiss Nirmal Bang
Equity Delivery Margin Edelweiss vs Nirmal Bang - Equity Delivery Margin Up to 10x leverage for equity delivery - via Margin Funding. Info Not Available
Equity Intraday Margin Edelweiss vs Nirmal Bang - Equity Intraday Margin Up to 20x leverage for equity Intraday. Info Not Available
Futures Margin Edelweiss vs Nirmal Bang - Futures Margin Up to 2x leverage for equity futures (of Required Margin). Info Not Available
Options Margin Edelweiss vs Nirmal Bang - Options Margin Up to 2x margin for options shorting, no leverage for option buying. Info Not Available
Equity CO Margin Edelweiss vs Nirmal Bang - Equity CO Margin Up to 80x margin/leverage in equity CO order for selected equity scripts. Info Not Available
Futures CO Margin Edelweiss vs Nirmal Bang - Futures CO Margin Up to 5x margin/leverage (of Required Margin) in CO order for future contracts. Info Not Available
Options CO Margin Edelweiss vs Nirmal Bang - Options CO Margin Up to 3x margin/leverage (of Required Margin) in CO order for options contracts sell only, buying is enabled only for NIFTY. Info Not Available
Commodity Margin Edelweiss vs Nirmal Bang - Commodity Margin Up to 5x MIS Margin of SPAN, Complete SPAN is required for carry forward positions. Info Not Available
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Customer Service Offered

Compare Edelweiss vs Nirmal Bang on Customer Service

Compare Edelweiss with Nirmal Bang on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Edelweiss with Nirmal Bang
Customer Service Compare Edelweiss Nirmal Bang
24/7 Customer Service Edelweiss vs Nirmal Bang - 24x7 customer support No No
Email Support Edelweiss vs Nirmal Bang - Email Support Yes Yes
Onine Live Chat Edelweiss vs Nirmal Bang - Onine Live Chat No No
Phone Support Edelweiss vs Nirmal Bang - Phone Support Yes Yes
Toll Free Number Edelweiss vs Nirmal Bang - Toll Free Number Yes No
Through Branches Edelweiss vs Nirmal Bang - Through Branches Yes Yes
Customer Care Number Edelweiss vs Nirmal Bang - Customer Care Number 040-4905-9999 Info Not Available
Account Opening Process Edelweiss vs Nirmal Bang - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Edelweiss vs Nirmal Bang - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Edelweiss vs Nirmal Bang - Knowledge Center/Education https://www.edelweiss.in/faqs Info Not Available
Head Office Address Edelweiss vs Nirmal Bang - Head Office Address/Corporate Address Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Info Not Available
Website Edelweiss vs Nirmal Bang - Company Website https://www.edelweiss.in Info Not Available
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Tips/Research/Reports Published

Compare Edelweiss vs Nirmal Bang on Research Reports, Tips

Compare Edelweiss with Nirmal Bang on research reports and tips provided by broker.

Research Reports - Compare Edelweiss with Nirmal Bang
  Edelweiss Nirmal Bang
Research Mutual Funds Edelweiss vs Nirmal Bang - Research Mutual Funds Yes Yes
Research Equity Reports Edelweiss vs Nirmal Bang - Research Equity Reports Yes Yes
Research ETF Edelweiss vs Nirmal Bang - Research ETF Yes Yes
Daily Market Report Edelweiss vs Nirmal Bang - Daily Market Report Yes Yes
Free Tips Edelweiss vs Nirmal Bang - Free Tips Yes Yes
Quarterly Result Analysis Edelweiss vs Nirmal Bang - Quarterly Results Yes Yes
News Alerts Edelweiss vs Nirmal Bang - Yes Yes
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Demat Account

Compare Edelweiss vs Nirmal Bang on Demat Account

Compare Edelweiss with Nirmal Bang on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Edelweiss with Nirmal Bang
  Edelweiss Nirmal Bang
DP Source CDSL CDSL
DP ID Edelweiss vs Nirmal Bang - DP ID 19100 No
Demat Account Annual Maintenance Charges(AMC) Free (₹1500 one time charges) ₹200 pa or ₹1000 for life time amc
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

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Special Offers,Advantages,Disadvantages

Compare Edelweiss vs Nirmal Bang on Special Offers and Promotion

Compare Edelweiss with Nirmal Bang on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Edelweiss vs Nirmal Bang on Special Offers and Promotion
  Edelweiss Nirmal Bang
Pay In and Pay Out Options Edelweiss vs 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,Edelweiss Web,Mobile Trader.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Edelweiss vs Nirmal Bang - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Edelweiss vs Nirmal Bang - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Edelweiss Broking Limited,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
Info Not Available
Likes
  • Seamless trading with the help of personalized relationship managers, web site and call center.
  • Best in-house research.
  • Wide range of investment options available.
  • Excellent trading tools and platform.

Detail Review...

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

Detail Review...

Dislikes
  • Discount brokerage plan is for online-only.
  • Different plans for online and offline users.
  • The broker has a minimum brokerage policy. It is applicable for equity cash and intraday.
  • DP charges are a bit high compared to competitors.
  • Online account opening process missing Aadhar based integration.

Detail Review...

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

Detail Review...

Special Offers/Promo Free online trading account and Free demat account (Free lifetime AMC), Trade in discount brokerage plan in 1 Paisa for Equity Cash and Delivery, Rs 5 Per Lot for F&O.
Enquiry Enquire about Edelweiss Enquire about Nirmal Bang

Last Updated on 2019-10-21T04:39:22+00:00







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