The brokerage of Marwadi Group ranges between 0.06% to 0.3% while the brokerage of Nirmal Bang ranges between .02% to .20%. Both the brokers are Full Service brokers. Marwadi Group is having overall higher rating compare to Nirmal Bang. Marwadi Group 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 Marwadi Group 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 Marwadi Group 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, MCX, NCDEX,MCX-SX||BSE, NSE, MCX, NCDEX|
|Broker Overview||Marwadi group empowers you with world-renowned research reports, finest trading platform, IPO investment, portfolio management services and so on for successful investment and trading comforts.||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 Marwadi Group 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 - Marwadi Group charges Rs 300 PA AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.
|Charges||Marwadi Group||Nirmal Bang|
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 300 PA||Rs 200 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Marwadi Group 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||Marwadi Group||Nirmal Bang|
|Marwadi Group||Nirmal Bang|
|Account Opening Request|
Marwadi Group Brokerage Plan detail - This is a standard plan by Marwadi Group.This is % based brokerage plan.Brokerage is between .06% to .3%, which is 6 paisa to 30 paisa per 100 rs.
Nirmal Bang Brokerage Plan detail - This is a standard plan by Nirmal Bang.This is % based brokerage plan.
|Brokerage Charges Compare||Marwadi Group||Nirmal Bang|
|Plan Name||Basic Trading Plan (Percentage Based)||Basic Trading Plan (Percentage Based)|
|Equity Delivery||0.3% or 30 paisa||0.2% or 20 paisa|
|Equity Intraday||0.03% or 3 paisa||0.02% or 2 paisa|
|Equity Futures||0.03% or 3 paisa||0.02% or 2 paisa|
|Equity Options||Rs 50 Per Lot||Rs 100 Per Lot|
|Currency Futures||0.03% or 3 paisa||0.02% or 2 paisa|
|Currency Options||Rs 30 Per Lot||Rs 20 Per Lot|
|Commodity Trading||0.03% or 3 paisa||0.02% or 2 paisa|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Info Not Available||Info Not Available|
|Call & Trade Charges||Info Not Available||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Marwadi Group||Brokerage Calculator for Nirmal Bang|
|SPAN Margin Calculator||SPAN Margin Calculator for Marwadi Group||SPAN Margin Calculator for Nirmal Bang|
Compare Marwadi Group with Nirmal Bang on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Marwadi Group||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 marwadi-group||Complete Brokerage Plans for nirmal-bang|
Compare Marwadi Group 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 - both doesn't offer NRI Trading facility.
|Account Features Compare||Marwadi Group||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 Marwadi Group 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||Marwadi Group||Nirmal Bang|
|Desktop Trading Platform||Marwadi ODIN Diet||ODIN Diet|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://mtrade.marwadionline.com/html5/||https://nbtrade.nirmalbang.net/netnetlite/|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||MSFL Connect||Beyond|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod MSFL Connect Download||Andriod Beyond Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS MSFL Connect Download||iOS Beyond Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Info Not Available||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Marwadi Group||Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Marwadi Group||Futures Brokerage Calculator for Nirmal Bang|
|Options Brokerage Calculator||Options Brokerage Calculator for Marwadi Group||Options Brokerage Calculator for Nirmal Bang|
|Detail||Detail on Trading Platforms for marwadi-group||Detail on Trading Platforms for nirmal-bang|
|Marwadi Group||Nirmal Bang|
|2 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Marwadi Group is Rated 2.5 / 5 based on 2 customer reviews||Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews|
Compare Marwadi Group 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||Marwadi Group||Nirmal Bang|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Life & General Insurance||NIL|
Order Type - Compare Marwadi Group 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) - both brokers don't have Cover Orders (CO).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 Type Compare||Marwadi Group||Nirmal Bang|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Marwadi Group 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||Marwadi Group||Nirmal Bang|
|Equity Delivery Margin||Info Not Available||Info Not Available|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||1x means actual SPAN + Exposure.||1x means actual SPAN + Exposure.|
|Options Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.|
|Options CO Margin||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.|
|Commodity Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare Marwadi Group 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||Marwadi Group||Nirmal Bang|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||Info Not Available|
|Account Opening Process||Info Not Available||Info Not Available|
|Customer Support Email||Info Not Available||Info Not Available|
|Knowledge Center/Education||Info Not Available||Info Not Available|
|Head Office Address||Info Not Available||Info Not Available|
|Website||Info Not Available||Info Not Available|
Compare Marwadi Group with Nirmal Bang on research reports and tips provided by broker.
|Marwadi Group||Nirmal Bang|
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Marwadi Group with Nirmal Bang on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Marwadi Group||Nirmal Bang|
|Demat Account Annual Maintenance Charges(AMC)||₹250 pa||₹200 pa or ₹1000 for life time amc|
|Transaction Charges on Debit (Per ISIN)||₹25||0.03% of the transaction value (Min ₹15)|
|Demat||₹3 per certificate||₹40 per demat requets + ₹40 for additional 50 certificate|
|Remat||₹25 per certificate||0.04% of the value or ₹15 per certificate (whichever is higher)|
|Pledge Creation||₹50||0.02% of the transaction value (Min ₹100)|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||₹20||0.02% of the transaction value (Min ₹100)|
|Pledge Closure Confirmation||Nil||Nil|
|Pledge Invocation||₹25||0.02% of the transaction value (Min ₹100)|
|Failed Instruction Charges||₹15||Nil|
Compare Marwadi Group with Nirmal Bang on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Marwadi Group||Nirmal Bang|
|Pay In and Pay Out Options||Info Not Available||Info Not Available|
|Payout Time||Info Not Available||Info Not Available|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Info Not Available||Info Not Available|
Research reports, branch office.
Great customer support, PAN India presence, research reports, branch offices, free call and trade facility.
No online support, Plans are not available on website, Major presence in Gujarat only.
Minimum brokerage charges, charges for charts & technical analysis software.
|Enquiry||Enquire about Marwadi Group||Enquire about Nirmal Bang|
Last Updated on 2019-07-08T23:09:32+00:00