The brokerage of Finvasia Max Rs 0 per trade while the brokerage of Nirmal Bang ranges between .02% to .20%. Finvasia is a Discount Broker where Nirmal Bang is a Full Service Broker. Finvasia is having overall higher rating compare to Nirmal Bang. Finvasia is rated 4 out of 5 where Nirmal Bang is rated only 3 out of 5.
Here we present side-by-side comparison of Finvasia 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 Finvasia 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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX,MCX-SX,NCDEX||BSE, NSE, MCX, NCDEX|
|Broker Overview||Finvasia is an emerging financial service provider created keeping in mind the need of Indian and global Investors and traders. The company’s highlights are zero brokerage across all segments and exchanges backed by in-depth research, cutting-e...||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.|
In this section we have compared Finvasia with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers offers Free Trading account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Rs 0 (Rs 199 for POA)||Free|
|Demat AMC||Free||Rs 200 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Finvasia with Nirmal Bang. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan. Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Finvasia||Nirmal Bang|
|Account Opening Request|
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan
Nirmal Bang Brokerage Plan detail - This is a standard plan by Nirmal Bang.This is % based brokerage plan.
|Brokerage Charges Compare||Finvasia||Nirmal Bang|
|Plan Name||Zero Brokerage Trading Plan||Basic Trading Plan (Percentage Based)|
|Equity Delivery||Rs 0||0.2% or 20 paisa|
|Equity Intraday||Rs 0||0.02% or 2 paisa|
|Equity Futures||Rs 0||0.02% or 2 paisa|
|Equity Options||Rs 0||Rs 100 Per Lot|
|Currency Futures||Rs 0||0.02% or 2 paisa|
|Currency Options||Rs 0||Rs 20 Per Lot|
|Commodity Trading||Rs 0||0.02% or 2 paisa|
|Hidden Charges||No||Info Not Available|
|Funding||Yes, 24% interest PA||Info Not Available|
|Call & Trade Charges||Call and Trade is free of cost||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Finvasia||Brokerage Calculator for Nirmal Bang|
|SPAN Margin Calculator||SPAN Margin Calculator for Finvasia||SPAN Margin Calculator for Nirmal Bang|
Compare Finvasia with Nirmal Bang on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Finvasia||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 115 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 finvasia||Complete Brokerage Plans for nirmal-bang|
Compare Finvasia 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 - Nirmal Bang offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia offers NRI where Nirmal Bang doesn't offers NRI Trading.
|Account Features Compare||Finvasia||Nirmal Bang|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia 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||Finvasia||Nirmal Bang|
|Desktop Trading Platform||OMNESYS NEST||ODIN Diet|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.finvasia.com/||https://nbtrade.nirmalbang.net/netnetlite/|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||SCALPERT||Beyond|
|Mobile Trading App Demo||SCALPERT Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod SCALPERT Download||Andriod Beyond Download|
|iPhone Mobile App (IOS)|
|iOS App Download||Info Not Available||iOS Beyond Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Basic platforms are free, advance platforms are chargeable.||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Finvasia||Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Finvasia||Futures Brokerage Calculator for Nirmal Bang|
|Options Brokerage Calculator||Options Brokerage Calculator for Finvasia||Options Brokerage Calculator for Nirmal Bang|
|Detail||Detail on Trading Platforms for finvasia||Detail on Trading Platforms for nirmal-bang|
|6 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Finvasia is Rated 3.8 / 5 based on 6 customer reviews||Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews|
Compare Finvasia 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) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Finvasia||Nirmal Bang|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Finvasia 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) - Finvasia 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) - Finvasia provide Bracket Orders (BO) where Nirmal Bang doesn't offer.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 Type Compare||Finvasia||Nirmal Bang|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Finvasia 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.
|Margin Product Compare||Finvasia||Nirmal Bang|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||Info Not Available|
|Equity Intraday Margin||Up to 10x leverage for equity category A scripts.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||Up to 2x leverage for futures.||1x means actual SPAN + Exposure.|
|Options Margin||No leverage for Options buying and shorting.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Info Not Available||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||Info Not Available||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||Info Not Available||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||Up to 2.5x leverage for MCX futures MIS orders.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare Finvasia 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 Service Compare||Finvasia||Nirmal Bang|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||+911726670000/+911724770000/+919779097777||Info Not Available|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||Info Not Available||Info Not Available|
|Head Office Address||Finvasia Securities Pvt Ltd
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
|Info Not Available|
|Website||https://www.finvasia.com/||Info Not Available|
Compare Finvasia with Nirmal Bang on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Finvasia with Nirmal Bang on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||Free||₹200 pa or ₹1000 for life time amc|
|Advance Deposit||Rs 0||NIL|
|Transaction Charges on Debit (Per ISIN)||₹9 + ₹5.50 (CDSL Charges) for every transaction||0.03% of the transaction value (Min ₹15)|
|Demat||₹15 per certificate||₹40 per demat requets + ₹40 for additional 50 certificate|
|Remat||₹15 for every hundred securities + CDSL Charges||0.04% of the value or ₹15 per certificate (whichever is higher)|
|Pledge Creation||₹25 per transaction||0.02% of the transaction value (Min ₹100)|
|Pledge Creation Confirmation||NIL||Nil|
|Pledge Closure||₹25 per transaction||0.02% of the transaction value (Min ₹100)|
|Pledge Closure Confirmation||NIL||Nil|
|Pledge Invocation||₹19 per transaction||0.02% of the transaction value (Min ₹100)|
|Failed Instruction Charges||₹49||Nil|
Compare Finvasia with Nirmal Bang on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
|Info Not Available|
|Payout Time||Up to 24 hrs except for bank holidays.||Info Not Available|
|Bank Supported and Charges||Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms.||Info Not Available|
|Bank Detail||FINVASIA SECURITIES PVT LTD,
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
|Info Not Available|
Great customer support, PAN India presence, research reports, branch offices, free call and trade facility.
Minimum brokerage charges, charges for charts & technical analysis software.
|Special Offers/Promo||Free Account Opening+Free Demat AMC+Free Trading.|
|Enquiry||Enquire about Finvasia||Enquire about Nirmal Bang|
Last Updated on 2020-02-07T00:21:08+00:00