The brokerage of TradeSmart Max Rs 15 per trade while the brokerage of Nirmal Bang ranges between .02% to .20%. TradeSmart is a Discount Broker where Nirmal Bang is a Full Service Broker. TradeSmart is having overall higher rating compare to Nirmal Bang. TradeSmart is rated 4 out of 5 where Nirmal Bang is rated only 3 out of 5.
Here we present side-by-side comparison of TradeSmart 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 TradeSmart 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, NCDEX||BSE, NSE, MCX, NCDEX|
|Broker Overview||TradeSmart, on the whole, provides clients a well-rounded offering worth being a client for, especially with its mix of brokerage plan choice (flat fee or percentage based), secure & fast trading tools and active customer support.||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 TradeSmart with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Nirmal Bang offer Free account opening where TradeSmart charges Rs 200 for account opeing. Demat AMC charges - TradeSmart charges Rs 300 PA AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.
|Trading Account Opening Fees||Rs 200||Free|
|Demat Account Opening Fees||Rs 200||Free|
|Demat AMC||Rs 300 PA||Rs 200 PA|
|Provide DP Service|
Plans are the most important feature you look when compare TradeSmart with Nirmal Bang. This section copare on high level about type of plans offered by brokers. Miltiple Plans - TradeSmart provide Multiple Plans where Nirmal Bang doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||TradeSmart||Nirmal Bang|
|Account Opening Request|
TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.
Nirmal Bang Brokerage Plan detail - This is a standard plan by Nirmal Bang.This is % based brokerage plan.
|Brokerage Charges Compare||TradeSmart||Nirmal Bang|
|Plan Name||Flat Fee Rs 15 Trading Plan (Power Plan)||Basic Trading Plan (Percentage Based)|
|Equity Delivery||Flat Fee Rs 15||0.2% or 20 paisa|
|Equity Intraday||Flat Fee Rs 15||0.02% or 2 paisa|
|Equity Futures||Flat Fee Rs 15||0.02% or 2 paisa|
|Equity Options||Flat Fee Rs 15||Rs 100 Per Lot|
|Currency Futures||Flat Fee Rs 15||0.02% or 2 paisa|
|Currency Options||Flat Fee Rs 15||Rs 20 Per Lot|
|Commodity Trading||Flat Fee Rs 15||0.02% or 2 paisa|
|Hidden Charges||No||Info Not Available|
|Funding||No||Info Not Available|
|Call & Trade Charges||Rs 20 per executed Order||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for TradeSmart||Brokerage Calculator for Nirmal Bang|
|SPAN Margin Calculator||SPAN Margin Calculator for TradeSmart||SPAN Margin Calculator for Nirmal Bang|
Compare TradeSmart with Nirmal Bang on transaction charges and PCM fee by segment.
|Transaction Charges Compare||TradeSmart||Nirmal Bang|
|Equity Delivery||Rs 350 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 350 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 240 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 7150 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 165 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 6000 Per Cr||Rs 4000 Per Cr|
|Commodity||Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for trade-smart-online||Complete Brokerage Plans for nirmal-bang|
Compare TradeSmart 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 TradeSmart doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.
|Account Features Compare||TradeSmart||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 TradeSmart 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||TradeSmart||Nirmal Bang|
|Desktop Trading Platform||NEST Trader & Fox Trader||ODIN Diet|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://sine.tradesmartonline.in/userMaster/login||https://nbtrade.nirmalbang.net/netnetlite/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Sine||Beyond|
|Mobile Trading App Demo||Sine Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Sine Download||Andriod Beyond Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Sine 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 TradeSmart||Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang|
|Futures Brokerage Calculator||Futures Brokerage Calculator for TradeSmart||Futures Brokerage Calculator for Nirmal Bang|
|Options Brokerage Calculator||Options Brokerage Calculator for TradeSmart||Options Brokerage Calculator for Nirmal Bang|
|Detail||Detail on Trading Platforms for trade-smart-online||Detail on Trading Platforms for nirmal-bang|
|34 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||TradeSmart is Rated 4.0 / 5 based on 34 customer reviews||Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews|
Compare TradeSmart 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 TradeSmart doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.
|Investment Offerings Compare||TradeSmart||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 TradeSmart 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) - TradeSmart 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) - TradeSmart 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||TradeSmart||Nirmal Bang|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre TradeSmart 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||TradeSmart||Nirmal Bang|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||Info Not Available|
|Equity Intraday Margin||Up to 10x leverage for equity MIS orders.||Up to 10x or 10% subject to Var and ELM.|
|Futures Margin||Up to 3x leverage for futures.||1x means actual SPAN + Exposure.|
|Options Margin||Up to 3x exposure for Options shorting, No leverage for option buying.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
|Equity CO Margin||Upto 30x margin/leverage in CO order for selected equity scripts and up to 7x for Index Futures.||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.|
|Futures CO Margin||Upto 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 2x on MCX MIS, and Up to 6x for MCX CO.||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.|
Compare TradeSmart 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||TradeSmart||Nirmal Bang|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022 61208000/42878000||Info Not Available|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://help.tradesmartonline.in/||Info Not Available|
|Head Office Address||Trade Smart Online,
Marol Maroshi Road,
Mumbai, MH 400059
|Info Not Available|
|Website||https://tradesmartonline.in/||Info Not Available|
Compare TradeSmart with Nirmal Bang on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare TradeSmart 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)||₹300 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||₹500 per certificate (Min ₹500 per request)||₹40 per demat requets + ₹40 for additional 50 certificate|
|Remat||₹500 per certificate (Min ₹500 per request)||0.04% of the value or ₹15 per certificate (whichever is higher)|
|Pledge Creation||₹200 per script
₹50 for trading margin each side
|0.02% of the transaction value (Min ₹100)|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||₹200 per script||0.02% of the transaction value (Min ₹100)|
|Pledge Closure Confirmation||Nil||Nil|
|Pledge Invocation||₹200 per script||0.02% of the transaction value (Min ₹100)|
|Failed Instruction Charges||Nil||Nil|
Compare TradeSmart 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 SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
|Info Not Available|
|Payout Time||Up to 24 Hrs except Bank Holidays.||Info Not Available|
|Bank Supported and Charges||Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.||Info Not Available|
|Bank Detail||VNS Finance and Capital Services Ltd.,
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
|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, Rs 400 Waived for a limited time.|
|Enquiry||Enquire about TradeSmart||Enquire about Nirmal Bang|
Last Updated on 2020-01-06T23:34:41+00:00