The brokerage of Fyers Max Rs 20 per trade while the brokerage of Nirmal Bang ranges between .02% to .20%. Fyers is a Discount Broker where Nirmal Bang is a Full Service Broker. Fyers is having overall higher rating compare to Nirmal Bang. Fyers is rated 4 out of 5 where Nirmal Bang is rated only 3 out of 5.
Here we present side-by-side comparison of Fyers 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 Fyers 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||NSE, BSE, MCX||BSE, NSE, MCX, NCDEX|
|Broker Overview||Fyers (Focus Your Energy & Reform the Self) is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing.||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 Fyers 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 - Fyers 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||Free||Free|
|Demat AMC||Free||Rs 200 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Fyers 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||Fyers||Nirmal Bang|
|Account Opening Request|
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
Nirmal Bang Brokerage Plan detail - This is a standard plan by Nirmal Bang.This is % based brokerage plan.
|Brokerage Charges Compare||Fyers||Nirmal Bang|
|Plan Name||Max Rs 20 Per Order Trading Plan||Basic Trading Plan (Percentage Based)|
|Equity Delivery||Free||0.2% or 20 paisa|
|Equity Intraday||0.01% or Rs 20 whichever is lower||0.02% or 2 paisa|
|Equity Futures||0.01% or Rs 20 whichever is lower||0.02% or 2 paisa|
|Equity Options||Flat Fee Rs 20||Rs 100 Per Lot|
|Currency Futures||0.01% or Rs 20 whichever is lower||0.02% or 2 paisa|
|Currency Options||Flat Fee Rs 20||Rs 20 Per Lot|
|Commodity Trading||NA||0.02% or 2 paisa|
|Hidden Charges||No||Info Not Available|
|Funding||No||Info Not Available|
|Call & Trade Charges||Rs 20 Per Order||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Fyers||Brokerage Calculator for Nirmal Bang|
|SPAN Margin Calculator||SPAN Margin Calculator for Fyers||SPAN Margin Calculator for Nirmal Bang|
Compare Fyers with Nirmal Bang on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Fyers||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 240 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5900 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 175 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 6500 Per Cr||Rs 4000 Per Cr|
|Commodity||NA||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for fyers||Complete Brokerage Plans for nirmal-bang|
Compare Fyers 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 Fyers doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.
|Account Features Compare||Fyers||Nirmal Bang|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||Free Call & trade||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w Fyers 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||Fyers||Nirmal Bang|
|Desktop Trading Platform||Fyers One||ODIN Diet|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||http://webtrader.fyers.in/userMaster/login||https://nbtrade.nirmalbang.net/netnetlite/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Fyers Markets||Beyond|
|Mobile Trading App Demo||Fyers Markets Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Fyers Markets Download||Andriod Beyond Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Fyers Markets 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 Fyers||Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Fyers||Futures Brokerage Calculator for Nirmal Bang|
|Options Brokerage Calculator||Options Brokerage Calculator for Fyers||Options Brokerage Calculator for Nirmal Bang|
|Detail||Detail on Trading Platforms for fyers||Detail on Trading Platforms for nirmal-bang|
|6 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Fyers is Rated 4.0 / 5 based on 6 customer reviews||Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews|
Compare Fyers 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 - Nirmal Bang offers online mutual fund investment option where Fyers doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Fyers||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 Fyers 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) - Fyers 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) - Fyers 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- Fyers offers Good Till Cancelled (GTC) orders where Nirmal Bang doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Fyers||Nirmal Bang|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Fyers 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||Fyers||Nirmal Bang|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||Info Not Available|
|Equity Intraday Margin||Up to 3x-16x leverage for equity MIS.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||Up to 4x leverage for Index and Stocks.||1x means actual SPAN + Exposure.|
|Options Margin||Up to 3x exposure for Options shorting, 1.33x for Options Buying.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Up to 5x to 33x margin/leverage in CO order for selected equity scripts.||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||Up to 8x to 33x margin/leverage in CO order for Futures contracts.||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||Upto 7x margin/leverage in CO order for Options Selling only and 1.33x for Options Buying.||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||Up to 3x on MCX MIS orders. For CO 8x to 33x for MCX.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare Fyers 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||Fyers||Nirmal Bang|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||080 4625 1111||Info Not Available|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://fyers.in/faqs/||Info Not Available|
|Head Office Address||Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
|Info Not Available|
|Website||https://fyers.in/||Info Not Available|
Compare Fyers with Nirmal Bang on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Fyers with Nirmal Bang on Demat Service and Charges. This section cover about demat charges, demat service and other details
|DP ID||Info Not Available||No|
|Demat Account Annual Maintenance Charges(AMC)||400 - Individual, 500 - Non Individual||₹200 pa or ₹1000 for life time amc|
|Transaction Charges on Debit (Per ISIN)||Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]||0.03% of the transaction value (Min ₹15)|
|Demat||2 per certificate + Rs.35 courier charges||₹40 per demat requets + ₹40 for additional 50 certificate|
|Remat||Rs 25||0.04% of the value or ₹15 per certificate (whichever is higher)|
|Pledge Creation||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250||0.02% of the transaction value (Min ₹100)|
|Pledge Creation Confirmation||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250||Nil|
|Pledge Closure||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250||0.02% of the transaction value (Min ₹100)|
|Pledge Closure Confirmation||0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250||Nil|
|Pledge Invocation||0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually||0.02% of the transaction value (Min ₹100)|
|Failed Instruction Charges||Rs 30 per transaction||Nil|
|Other Charges||Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request||Nil|
Compare Fyers 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/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
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||24+ bank connected via payment gatway, Rs 10 fee for per transaction.||Info Not Available|
|Bank Detail||Fyers Securities,
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
|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||Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.|
|Enquiry||Enquire about Fyers||Enquire about Nirmal Bang|
Last Updated on 2020-04-21T23:17:05+00:00