The brokerage of ICICIDirect ranges between 0.05 to .55% while the brokerage of Nirmal Bang ranges between .02% to .20%. Both the brokers are Full Service brokers. ICICIDirect is having overall higher rating compare to Nirmal Bang. ICICIDirect is rated 4 out of 5 where Nirmal Bang is rated only 3 out of 5.
Here we present side-by-side comparison of ICICIDirect 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 ICICIDirect 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||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE||BSE, NSE, MCX, NCDEX|
|Broker Overview||ICICI Direct, pioneering online trading platform of ICICI Securities, charges more than its competitors,but delivers with a fantastic platform and innovative offering and strong customer service. With these attributes, the company earns its No. 1 ove...||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 ICICIDirect 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 - ICICIDirect charges Rs 600 PA (Waived for 1st year) 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||Rs 600 PA (Waived for 1st year)||Rs 200 PA|
|Provide DP Service|
Plans are the most important feature you look when compare ICICIDirect with Nirmal Bang. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ICICIDirect provide Multiple Plans where Nirmal Bang doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||ICICIDirect||Nirmal Bang|
|Account Opening Request|
ICICIDirect Brokerage Plan detail - This is an ICICIDirect fixed brokerage plan irrespective of turnover volume best suited for casual traders.
Nirmal Bang Brokerage Plan detail - This is a standard plan by Nirmal Bang.This is % based brokerage plan.
|Brokerage Charges Compare||ICICIDirect||Nirmal Bang|
|Plan Name||I-Secure Trading Plan (Percentage Based)||Basic Trading Plan (Percentage Based)|
|Equity Delivery||0.55% or 55 paisa||0.2% or 20 paisa|
|Equity Intraday||0.03% or 3 paisa||0.02% or 2 paisa|
|Equity Futures||0.05% or 5 paisa||0.02% or 2 paisa|
|Equity Options||Rs 95 Per Lot||Rs 100 Per Lot|
|Currency Futures||0.05% or 5 paisa||0.02% or 2 paisa|
|Currency Options||Rs 25 Per Lot||Rs 20 Per Lot|
|Commodity Trading||NA||0.02% or 2 paisa|
|Minimum Brokerage||Rs 35 per trade||NIL|
|Hidden Charges||Yes||Info Not Available|
|Funding||Yes - 18% interest PA||Info Not Available|
|Call & Trade Charges||First 20 call free and Rs 25 there onwards.||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for ICICIDirect||Brokerage Calculator for Nirmal Bang|
|SPAN Margin Calculator||SPAN Margin Calculator for ICICIDirect||SPAN Margin Calculator for Nirmal Bang|
Compare ICICIDirect with Nirmal Bang on transaction charges and PCM fee by segment.
|Transaction Charges Compare||ICICIDirect||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 100 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4000 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 icicidirect||Complete Brokerage Plans for nirmal-bang|
Compare ICICIDirect with Nirmal Bang on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 account where Nirmal Bang offers only 2-in-1 account which includes trading and demat account. Algo Trading - Nirmal Bang offers Algo Trading where ICICIDirect doesn't offers Algo Trading. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - ICICIDirect offers NRI where Nirmal Bang doesn't offers NRI Trading.
|Account Features Compare||ICICIDirect||Nirmal Bang|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect 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||ICICIDirect||Nirmal Bang|
|Desktop Trading Platform||Trade Racer||ODIN Diet|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||https://nbtrade.nirmalbang.net/netnetlite/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||ICICI direct Mobile||Beyond|
|Mobile Trading App Demo||ICICI direct Mobile Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod Beyond Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile 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 ICICIDirect||Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang|
|Futures Brokerage Calculator||Futures Brokerage Calculator for ICICIDirect||Futures Brokerage Calculator for Nirmal Bang|
|Options Brokerage Calculator||Options Brokerage Calculator for ICICIDirect||Options Brokerage Calculator for Nirmal Bang|
|Detail||Detail on Trading Platforms for icicidirect||Detail on Trading Platforms for nirmal-bang|
|264 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||ICICIDirect is Rated 2.5 / 5 based on 264 customer reviews||Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews|
Compare ICICIDirect 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 - Nirmal Bang offers trading options in Commodity (MCX) where ICICIDirect doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where Nirmal Bang doesn't offer
|Investment Offerings Compare||ICICIDirect||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 ICICIDirect 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) - ICICIDirect 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- ICICIDirect offers Good Till Cancelled (GTC) orders where Nirmal Bang doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||ICICIDirect||Nirmal Bang|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre ICICIDirect 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||ICICIDirect||Nirmal Bang|
|Equity Delivery Margin||No Delivery margin.||Info Not Available|
|Equity Intraday Margin||Upto 5x leverage for equity.||Info Not Available|
|Futures Margin||Upto 2x leverage for futures.||Info Not Available|
|Options Margin||Upto 2x margin for Options shorting, No leverage for option buying.||Info Not Available|
|Equity CO Margin||Upto 25x margin/leverage in CO order for selected equity scripts.||Info Not Available|
|Futures CO Margin||Upto 25x margin/leverage in CO order for Futures contracts.||Info Not Available|
|Options CO Margin||Upto 25x margin/leverage in CO order for options contracts sell only.||Info Not Available|
|Commodity Margin||Info Not Available||Info Not Available|
Compare ICICIDirect 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||ICICIDirect||Nirmal Bang|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||33551122||Info Not Available|
|Account Opening Process||Offline||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||http://content.icicidirect.com/indexfaq.asp||Info Not Available|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020
|Info Not Available|
|Website||https://www.icicidirect.com||Info Not Available|
Compare ICICIDirect with Nirmal Bang on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare ICICIDirect 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)||₹700 pa||₹200 pa or ₹1000 for life time amc|
|Advance Deposit||Rs. 7500/- , If the client is not having ICICI BANK Account||NIL|
|Transaction Charges on Debit (Per ISIN)||0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)||0.03% of the transaction value (Min ₹15)|
|Demat||₹50 per set up||₹40 per demat requets + ₹40 for additional 50 certificate|
|Remat||₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction||0.04% of the value or ₹15 per certificate (whichever is higher)|
|Pledge Creation||0.02% (Min ₹35 and Max ₹25,000)||0.02% of the transaction value (Min ₹100)|
|Pledge Creation Confirmation||0.02% (Min ₹35 and Max ₹25,000)||Nil|
|Pledge Closure||0.02% (Min ₹35 and Max ₹25,000)||0.02% of the transaction value (Min ₹100)|
|Pledge Closure Confirmation||0.02% (Min ₹35 and Max ₹25,000)||Nil|
|Pledge Invocation||0.02% (Min ₹35 and Max ₹25,000)||0.02% of the transaction value (Min ₹100)|
|Failed Instruction Charges||₹30 per transaction||Nil|
Compare ICICIDirect 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 from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Info Not Available|
|Payout Time||Instant to ICICI Bank.||Info Not Available|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Direct from your ICICI bank 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||Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.|
|Enquiry||Enquire about ICICIDirect||Enquire about Nirmal Bang|
Last Updated on 2019-07-08T23:24:28+00:00