Compare 3 Brokers

Zerodha Vs Nirmal Bang: Which one is better?

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.

Compare Zerodha vs Nirmal Bang on Service

  Zerodha Compare
Zerodha
Nirmal Bang Compare
Nirmal Bang
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? 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... Know more about Zerodha 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.
Broker Enquiry Open an Online Trading Account with Zerodha. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Nirmal Bang. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Zerodha vs Nirmal Bang on Trading & Demat Account Opening Charges

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 Rs 200 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 & Demat Account Opening Charges - Compare Zerodha with Nirmal Bang
Charges Zerodha Nirmal Bang
Trading Account Opening Fees Rs 200 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 100 Free
Demat AMC Rs 300 PA Rs 200 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Zerodha vs Nirmal Bang on Plan Options

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.

Compare Zerodha with Nirmal Bang on Plan Options
Plan Types Zerodha Nirmal Bang
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Nirmal Bang
Account Opening Request
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Brokerage Charges

Compare Zerodha vs Nirmal Bang on Brokerage Charges

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 with Nirmal Bang
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
Minimum Brokerage NIL NIL
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
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Share Broker's Transaction Charges

Compare Zerodha vs Nirmal Bang on Transaction Charges

Compare Zerodha with Nirmal Bang on transaction charges and PCM fee by segment.

Transaction Charges - Compare Zerodha with Nirmal Bang
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
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Account Features

Compare Zerodha vs Nirmal Bang on Account Features

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 - Zerodha with Nirmal Bang
Account Features Compare Zerodha Nirmal Bang
3 in 1 Account No Zerodha have 2-in-1 account. Only Demate and Trading account. No Zerodha have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Zerodha vs Nirmal Bang on Trading Platform

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 with Nirmal Bang
Trading Platform Compare Zerodha Nirmal Bang
Desktop Trading Platform Zerodha PI ODIN Diet
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://kite.zerodha.com/ https://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Zerodha Kite Beyond
Mobile Trading App Demo Zerodha Kite Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Zerodha Kite Download Andriod Beyond Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Zerodha Kite Download iOS Beyond Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
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

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Broker Ratings by Users

Compare Zerodha vs Nirmal Bang on User Rating

  Zerodha Nirmal Bang
  154 Customer Reviews    Rate Zerodha 2 Customer Reviews    Rate Nirmal Bang
Fees Ratings 4.0 3.5
Trading Brokerage Rating 4.5 4.0
Trading Platform Usability 3.7 3.0
Customer Service Ratings 3.8 3.5
Overall Ratings Rated 3.9 stars Rated 3.5 stars
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
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Investment Offerings

Compare Zerodha vs Nirmal Bang on Investment Offerings

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 with Nirmal Bang
Investment Offerings Compare Zerodha Nirmal Bang
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Zerodha vs Nirmal Bang on Order Types

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 Types - Compare Zerodha with Nirmal Bang
Order Type Compare Zerodha Nirmal Bang
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes No
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Zerodha vs Nirmal Bang on Margin/Leverage

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.

Exposure/margin - Compare Zerodha with Nirmal Bang
Margin Product Compare Zerodha Nirmal Bang
Equity Delivery Margin Zerodha vs Nirmal Bang - Equity Delivery Margin No Delivery margin. Info Not Available
Equity Intraday Margin Zerodha vs Nirmal Bang - Equity Intraday Margin Up to 12.5x margin for Intraday leverage for equity. Info Not Available
Futures Margin Zerodha vs Nirmal Bang - Futures Margin Up to 2x leverage for future. Info Not Available
Options Margin Zerodha vs Nirmal Bang - Options Margin Up to 2x margin for options shorting, no leverage for option buying. Info Not Available
Equity CO Margin Zerodha vs Nirmal Bang - Equity CO Margin Up to 20.8x margin/leverage in equity CO order for selected equity scripts. Info Not Available
Futures CO Margin Zerodha vs Nirmal Bang - Futures CO Margin Up to 33x margin/leverage (of complete order) in CO order for future contracts. Info Not Available
Options CO Margin Zerodha vs Nirmal Bang - Options CO Margin Up to 20x margin/leverage (of complete order) in CO order for options contracts sell only, buying is enabled only for NIFTY. Info Not Available
Commodity Margin Zerodha vs Nirmal Bang - Commodity Margin Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions. Info Not Available
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Customer Service Offered

Compare Zerodha vs Nirmal Bang on Customer Service

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 Support - Compare Zerodha with Nirmal Bang
Customer Service Compare Zerodha Nirmal Bang
24/7 Customer Service Zerodha vs Nirmal Bang - 24x7 customer support No No
Email Support Zerodha vs Nirmal Bang - Email Support Yes Yes
Onine Live Chat Zerodha vs Nirmal Bang - Onine Live Chat No No
Phone Support Zerodha vs Nirmal Bang - Phone Support Yes Yes
Toll Free Number Zerodha vs Nirmal Bang - Toll Free Number No No
Through Branches Zerodha vs Nirmal Bang - Through Branches Yes Yes
Customer Care Number Zerodha vs Nirmal Bang - Customer Care Number "+ 91 80 4040 2020" Info Not Available
Account Opening Process Zerodha vs Nirmal Bang - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Zerodha vs Nirmal Bang - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Zerodha vs Nirmal Bang - Knowledge Center/Education https://support.zerodha.com/ Info Not Available
Head Office Address Zerodha vs Nirmal Bang - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Info Not Available
Website Zerodha vs Nirmal Bang - Company Website https://zerodha.com/ Info Not Available
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Tips/Research/Reports Published

Compare Zerodha vs Nirmal Bang on Research Reports, Tips

Compare Zerodha with Nirmal Bang on research reports and tips provided by broker.

Research Reports - Compare Zerodha with Nirmal Bang
  Zerodha Nirmal Bang
Research Mutual Funds Zerodha vs Nirmal Bang - Research Mutual Funds No Yes
Research Equity Reports Zerodha vs Nirmal Bang - Research Equity Reports Yes Yes
Research ETF Zerodha vs Nirmal Bang - Research ETF No Yes
Daily Market Report Zerodha vs Nirmal Bang - Daily Market Report No Yes
Free Tips Zerodha vs Nirmal Bang - Free Tips No Yes
Quarterly Result Analysis Zerodha vs Nirmal Bang - Quarterly Results No Yes
News Alerts Zerodha vs Nirmal Bang - No Yes
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Demat Account

Compare Zerodha vs Nirmal Bang on Demat Account

Compare Zerodha with Nirmal Bang on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Zerodha with Nirmal Bang
  Zerodha Nirmal Bang
DP Source CDSL CDSL
DP ID Zerodha vs Nirmal Bang - DP ID 81600 No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹200 pa or ₹1000 for life time amc
Advance Deposit Nil NIL
Statutory charges ₹50 Nil
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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Zerodha vs Nirmal Bang on Special Offers and Promotion

Compare Zerodha with Nirmal Bang on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare Zerodha vs Nirmal Bang on Special Offers and Promotion
  Zerodha Nirmal Bang
Pay In and Pay Out Options Zerodha vs Nirmal Bang - 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 Zerodha vs Nirmal Bang - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges Zerodha vs Nirmal Bang - 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
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Info Not Available
Likes

Detail Review...

Great customer support, PAN India presence, research reports, branch offices, free call and trade facility.

Detail Review...

Dislikes
  • Call and trade is not free.
  • Margin against shares facility is not available for equity cash segment.
  • Zerodha as of now is not offering Margin Trading Funding. This is a big limitation for traders where they need to borrow some money from broker on interest for short span of time.

Detail Review...

Minimum brokerage charges, charges for charts & technical analysis software.

Detail Review...

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 2019-10-01T05:51:32+00:00







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