The brokerage of Nirmal Bang Max .02% to .20% per trade while the brokerage of ProStocks ranges between Rs 15. Nirmal Bang is a Full Service Broker where ProStocks is a Discount Broker. Nirmal Bang is having overall lower rating compare to ProStocks. Nirmal Bang is rated only 3 out of 5 where ProStocks is rated 4 out of 5.
Here we present side-by-side comparison of Nirmal Bang vs ProStocks share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Nirmal Bang vs ProStocks'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||Discount Broker|
|Exchanges Supported||BSE, NSE, MCX, NCDEX||NSE,BSE|
|Broker Overview||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.||ProStocks is a full-fledged online stock broker initiated by well-experienced market leaders to bring investment and trading services at the lowest possible cost without compromising on the quality of trade.|
In this section we have compared Nirmal Bang with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - Both brokers offers Free Trading account opening. Demat AMC charges - Nirmal Bang charges Rs 200 PA AMC for Demat account where ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.
|Trading Account Opening Fees||Free||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 200 PA||Rs 0 (Rs 1000 Refundable Deposit)|
|Provide DP Service|
Plans are the most important feature you look when compare Nirmal Bang with ProStocks. This section copare on high level about type of plans offered by brokers. Miltiple Plans - ProStocks provides Multiple Plans where Nirmal Bang doesn't offer Monthlay Plans - ProStocks provides Monthly Plans where Nirmal Bang doesn't offer
|Plan Types||Nirmal Bang||ProStocks|
|Account Opening Request|
Nirmal Bang Brokerage Plan detail - This is a standard plan by Nirmal Bang.This is % based brokerage plan.
ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.
|Brokerage Charges Compare||Nirmal Bang||ProStocks|
|Plan Name||Basic Trading Plan (Percentage Based)||Flat Fee Rs 15 Trading Plan|
|Equity Delivery||0.2% or 20 paisa||Free|
|Equity Intraday||0.02% or 2 paisa||Flat Fee Rs 15|
|Equity Futures||0.02% or 2 paisa||Flat Fee Rs 15|
|Equity Options||Rs 100 Per Lot||Flat Fee Rs 15|
|Currency Futures||0.02% or 2 paisa||Flat Fee Rs 15|
|Currency Options||Rs 20 Per Lot||Flat Fee Rs 15|
|Commodity Trading||0.02% or 2 paisa||NA|
|Hidden Charges||Info Not Available||No|
|Funding||Info Not Available||No|
|Call & Trade Charges||Info Not Available||Delivery Rs 25, Intraday and F&O Rs 10 per executed order|
|Brokerage Calculator||Brokerage Calculator for Nirmal Bang||Brokerage Calculator for ProStocks|
|SPAN Margin Calculator||SPAN Margin Calculator for Nirmal Bang||SPAN Margin Calculator for ProStocks|
Compare Nirmal Bang with ProStocks on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Nirmal Bang||ProStocks|
|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||NA|
|Brokerage Charges||Complete Brokerage Plans for nirmal-bang||Complete Brokerage Plans for prostocks|
Compare Nirmal Bang with ProStocks 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 - Nirmal Bang offers Algo Trading where ProStocks doesn't offers Algo Trading. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - ProStocks offers NRI where Nirmal Bang doesn't offers NRI Trading.
|Account Features Compare||Nirmal Bang||ProStocks|
|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 Nirmal Bang and ProStocks. 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||Nirmal Bang||ProStocks|
|Desktop Trading Platform||ODIN Diet||ProStocks,NSE NOW|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://nbtrade.nirmalbang.net/netnetlite/||https://www.prostocksweb.com/|
|Web Trading Demo||Info Not Available||Info Not Available|
|Mobile Trading App||Beyond||ProStocks Mobile|
|Mobile Trading App Demo||Info Not Available||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Beyond Download||Andriod ProStocks Mobile Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Beyond Download||iOS ProStocks Mobile Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Info Not Available||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang||Equity Intraday and Delivery Brokerage Calculator for ProStocks|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Nirmal Bang||Futures Brokerage Calculator for ProStocks|
|Options Brokerage Calculator||Options Brokerage Calculator for Nirmal Bang||Options Brokerage Calculator for ProStocks|
|Detail||Detail on Trading Platforms for nirmal-bang||Detail on Trading Platforms for prostocks|
|2 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews||ProStocks is Rated 4.5 / 5 based on 2 customer reviews|
Compare Nirmal Bang with ProStocks 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 ProStocks doesn't offer. Online Mutual Fund Investment - Nirmal Bang offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||Nirmal Bang||ProStocks|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Nirmal Bang with ProStocks 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) - ProStocks provides 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)- Nirmal Bang offers After Market Orders where ProStocks doesn't offers AMO. GTC Orders- both brokers doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Nirmal Bang||ProStocks|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Nirmal Bang with ProStocks 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||Nirmal Bang||ProStocks|
|Equity Delivery Margin||Info Not Available||No Delivery margin.|
|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 Nirmal Bang with ProStocks 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||Nirmal Bang||ProStocks|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||Info Not Available||+91-2262-434343|
|Account Opening Process||Info Not Available||Online/Paperless|
|Customer Support Email||Info Not Available||[email protected]|
|Knowledge Center/Education||Info Not Available||https://www.prostocks.com/faq.html|
|Head Office Address||Info Not Available||Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Mumbai - 400063
|Website||Info Not Available||https://www.prostocks.com|
Compare Nirmal Bang with ProStocks on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Nirmal Bang with ProStocks on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹200 pa or ₹1000 for life time amc||Free (₹1000 Refundable Deposit)|
|Advance Deposit||NIL||1000/- Refundable Deposit against charges|
|Transaction Charges on Debit (Per ISIN)||0.03% of the transaction value (Min ₹15)||₹8 + ₹5.50 (CDSL Charges) Flat Fee for every transaction|
|Demat||₹40 per demat requets + ₹40 for additional 50 certificate||₹50 per set up + ₹50 courier charges|
|Remat||0.04% of the value or ₹15 per certificate (whichever is higher)||₹50 per set up + ₹50 courier charges|
|Pledge Creation||0.02% of the transaction value (Min ₹100)||₹50|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||0.02% of the transaction value (Min ₹100)||₹50|
|Pledge Closure Confirmation||Nil||Nil|
|Pledge Invocation||0.02% of the transaction value (Min ₹100)||₹50|
|Failed Instruction Charges||Nil||₹50 per transaction|
Compare Nirmal Bang with ProStocks on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Info Not Available||Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
|Payout Time||Info Not Available||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Info Not Available||Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.|
|Bank Detail||Info Not Available||SUNLIGHT BROKING LLP,
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
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||ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.|
|Enquiry||Enquire about Nirmal Bang||Enquire about ProStocks|
Last Updated on 2019-07-18T04:15:52+00:00