The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Nirmal Bang ranges between .02% to .20%. Zerodha is a Discount Broker where Nirmal Bang is a Full Service Broker. Zerodha is having overall higher rating compare to Nirmal Bang. Zerodha is rated 4.5 out of 5 where Nirmal Bang is rated only 3 out of 5.
Here we present side-by-side comparison of Zerodha 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 Zerodha 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-SX and MCX||BSE, NSE, MCX, NCDEX|
|Broker Overview||With high-class technology, unique trading tools, and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inv...||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 Zerodha with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Nirmal Bang offer Free account opening where Zerodha charges Online Rs 200 (T+D), Rs 300 (T+D+C). Offline Rs 400 (T+D), Rs 600 (T+D+C). T*Trading, D*Demat, C*Commodity for account opeing. Demat AMC charges - Zerodha charges Rs 300 PA AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.
|Trading Account Opening Fees||Online Rs 200 (T+D), Rs 300 (T+D+C). Offline Rs 400 (T+D), Rs 600 (T+D+C). T*Trading, D*Demat, C*Commodity||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 Zerodha 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||Zerodha||Nirmal Bang|
|Account Opening Request|
Zerodha Brokerage Plan detail - Zerodha offers Rs 20 or .01% whichever is lower for equity intraday, F&O, commodity and currency on NSE, BSE, MCX and MCX-SX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
Nirmal Bang Brokerage Plan detail - This is a standard plan by Nirmal Bang.This is % based brokerage plan.
|Brokerage Charges Compare||Zerodha||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||Flat Fee Rs 20||0.02% or 2 paisa|
|Hidden Charges||No||Info Not Available|
|Funding||Info Not Available||Info Not Available|
|Call & Trade Charges||Rs 20 Per Executable Order||Info Not Available|
|Brokerage Calculator||Brokerage Calculator for Zerodha||Brokerage Calculator for Nirmal Bang|
|SPAN Margin Calculator||SPAN Margin Calculator for Zerodha||SPAN Margin Calculator for Nirmal Bang|
Compare Zerodha with Nirmal Bang on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Zerodha||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 135 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 4400 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 zerodha||Complete Brokerage Plans for nirmal-bang|
Compare Zerodha 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 Zerodha doesn't offers margin funding. NRI Trading - Zerodha offers NRI where Nirmal Bang doesn't offers NRI Trading.
|Account Features Compare||Zerodha||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 Zerodha 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||Zerodha||Nirmal Bang|
|Desktop Trading Platform||Zerodha PI||ODIN Diet|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://kite.zerodha.com/||https://nbtrade.nirmalbang.net/netnetlite/|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Zerodha Kite||Beyond|
|Mobile Trading App Demo||Zerodha Kite Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Zerodha Kite Download||Andriod Beyond Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Zerodha Kite 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 Zerodha||Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Zerodha||Futures Brokerage Calculator for Nirmal Bang|
|Options Brokerage Calculator||Options Brokerage Calculator for Zerodha||Options Brokerage Calculator for Nirmal Bang|
|Detail||Detail on Trading Platforms for zerodha||Detail on Trading Platforms for nirmal-bang|
|154 Customer Reviews||2 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Zerodha is Rated 3.9 / 5 based on 154 customer reviews||Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews|
Compare Zerodha 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||Zerodha||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 Zerodha 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) - Zerodha 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) - Zerodha 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- Zerodha offers Good Till Cancelled (GTC) orders where Nirmal Bang doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Zerodha||Nirmal Bang|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre Zerodha 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||Zerodha||Nirmal Bang|
|Equity Delivery Margin||No Delivery margin.||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 Zerodha 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||Zerodha||Nirmal Bang|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||"+ 91 80 4040 2020"||Info Not Available|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||Info Not Available|
|Knowledge Center/Education||https://support.zerodha.com/||Info Not Available|
|Head Office Address||Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
|Info Not Available|
|Website||https://zerodha.com/||Info Not Available|
Compare Zerodha with Nirmal Bang on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Zerodha 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)||₹8 + ₹5.50 (CDSL Charges) per transaction||0.03% of the transaction value (Min ₹15)|
|Demat||₹150 per certificate + ₹100 courier charges||₹40 per demat requets + ₹40 for additional 50 certificate|
|Remat||₹150 per certificate + ₹100 courier charges + CDSL Charges||0.04% of the value or ₹15 per certificate (whichever is higher)|
|Pledge Creation||₹20 + ₹12 CSDL charges||0.02% of the transaction value (Min ₹100)|
|Pledge Creation Confirmation||Nil||Nil|
|Pledge Closure||₹20 + ₹12 CSDL charges||0.02% of the transaction value (Min ₹100)|
|Pledge Closure Confirmation||Nil||Nil|
|Pledge Invocation||₹20||0.02% of the transaction value (Min ₹100)|
|Failed Instruction Charges||₹50 per instraction||Nil|
Compare Zerodha 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 funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
|Info Not Available|
|Payout Time||Max 24 hrs except bank holidays||Info Not Available|
|Bank Supported and Charges||Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI).||Info Not Available|
|Bank Detail||HDFC Bank
Branch: Sandoz Branch, Mumbai
|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||Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.|
|Enquiry||Enquire about Zerodha||Enquire about Nirmal Bang|
Last Updated on 2020-02-12T00:47:25+00:00