GarvThakur.com

STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS
Login / Sign Up

Comparision (Nirmal Bang VS Upstox)

 

Nirmal Bang Vs Upstox

Nirmal Bang
Nirmal Bang Review gives an overall view and updates about the Nirmal Bang Brokerage Charges, Nirmal Bang Margin, Nirmal Bang Trading Software 2024, Nirmal Bang Demat Account Charges and it also gives overview on Nirmal Bang NRI Account, Nirmal Bang Branches, Nirmal Bang Customer Complaints, Nirmal Bang Advantages and Disadvantages, Nirmal Bang Research and Advisory Services, Nirmal Bang IPO, Nirmal Bang Mutual Funds as well as offers a wide range of financial products through Nirmal Bang Website and mobile application

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Nirmal Bang Vs Upstox - Broker Details

Nirmal Bang Upstox
Single Margin Facility
Year of Incorporation 1997 2009
Exchanges NSE, BSE, MCX and NCDEX BSE, NSE and MCX
Branches 2+ Zero
Brokerage 0.02% ₹20/ Order or 0.05% (Whichever is lower)
Broker Type Full Service Broker Discount Broker

Nirmal Bang Vs Upstox - Account Opening & AMC Charges

Nirmal Bang Upstox
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹200 (2nd year onwards) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Nirmal Bang Vs Upstox - Brokerage charges & Plans

Nirmal Bang Upstox
Commodity Futures 0.01% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures 0.02% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery 0.20% ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹35/Lot ₹20/ Order
Commodity Options ₹20/Lot ₹20/ Order
Equity Futures 0.02% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/Lot ₹20/ Order
Fixed Charges 0.02% ₹20/ Order
Equity Intraday 0.02% ₹20/ Order or 0.05% (whichever is lower)

Nirmal Bang Vs Upstox - Other Charges

Nirmal Bang Upstox
RMS Square Off Charge N/A (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges N/A (₹50 + GST)
Other Brokerage Charges ₹20/Lot ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage 0.02% ₹20/ Order

Nirmal Bang Vs Upstox - Transaction Charges

Nirmal Bang Upstox
Currency Options 0.057% on premium NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025%
Equity Futures 0.0024% NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002%
Equity Intraday 0.0039% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group
Equity Options 0.0024% NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005%
Commodity 0.0025% Non-Agri: Exchange turnover charge: 0.0026%
Currency Futures 0.0024% NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Delivery 0.0039% NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group

Nirmal Bang Vs Upstox - Margin (Exposure)

Nirmal Bang Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Nirmal Bang Vs Upstox - Features

Nirmal Bang Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:25 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1.Beyond - (Mobile Trading App) 2.ODIN (Trading Terminal) 3.ODIN Aero 4.LD Addon 5.LD Rakshak (Risk Management Software) 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund

Nirmal Bang Vs Upstox - Review & Rating

Nirmal Bang Upstox
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Nirmal Bang Vs Upstox - Request a call back from Broker

Nirmal Bang Upstox

Nirmal Bang Vs Upstox - Investment Options

Nirmal Bang Upstox
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Nirmal Bang Vs Upstox - Order Type

Nirmal Bang Upstox
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Nirmal Bang Vs Upstox - Research & Report

Nirmal Bang Upstox
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Nirmal Bang Vs Upstox - Daily Market Report

Nirmal Bang Upstox
Daily Market Reports & News

Nirmal Bang Vs Upstox - Suitable For Investor

Nirmal Bang Upstox
Casual Investor
Active Investor
Trader

Nirmal Bang Vs Upstox - Pros & Cons

Nirmal Bang Upstox
Pros 1.It provides the advanced trading platform that meets the customer expectations. 2. It has low brokerage charges. 3. It provides quick and excellent customer support. 2. It avails its customers with refer and earn program 3.Provides access to risk management and back office software. 4.Solid research services 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares.
Cons 1.Nirmal Bang doesn't offer 3 in 1 account. 2.Nirmal Bang doesn't have Brokerage calculator and Margin Calculator. 3.Nirmal Bang is a full services broker so the brokerage charged by them is higher than the discount brokers 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades.

Nirmal Bang Vs Upstox - Background

Nirmal Bang Upstox

Nirmal Bang Vs Upstox - Compare All Brokers

Nirmal Bang Upstox

Nirmal Bang Vs Upstox - STT/CTT

Nirmal Bang Upstox
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% only on sell
Equity Options 0.05% on sell side (on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.01% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade

Nirmal Bang Vs Upstox - Demat transaction charges

Nirmal Bang Upstox
Equity Demat Transaction Charges ₹15 + GST per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Nirmal Bang Vs Upstox - GST

Nirmal Bang Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Nirmal Bang Vs Upstox - SEBI Charges

Nirmal Bang Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Nirmal Bang Vs Upstox - Account Opening & AMC Charges

Nirmal Bang
Upstox
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹200 (2nd year onwards)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

Nirmal Bang Vs Upstox

Nirmal Bang Upstox
 

Nirmal Bang Review | Brokerage Charges, Account Opening

Logical thinkers always focus on business model of the company whereas overthinkers focuses on share price of the company, that’s why logical thinkers are considered as successful investors and overthinkers are considered as unsuccessful investors because overthinking kills their ..
+ " Vs "+ Upstox
Read more..

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

Read more..
 
 

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Nirmal Bang Vs Upstox - Brokerage charges & Plans

Nirmal Bang Upstox
Commodity Futures 0.01% ₹20/ Order or 0.05% (whichever is lower)
Currency Futures 0.02% ₹20/ Order or 0.05% (whichever is lower)
Equity Delivery 0.20% ₹20/ Order or 2.5% (whichever is lower)
Equity Options ₹35/Lot ₹20/ Order
Commodity Options ₹20/Lot ₹20/ Order
Equity Futures 0.02% ₹20/ Order or 0.05% (whichever is lower)
Currency Options ₹20/Lot ₹20/ Order
Fixed Charges 0.02% ₹20/ Order
Equity Intraday 0.02% ₹20/ Order or 0.05% (whichever is lower)
Call Back Open Account

Nirmal Bang Vs Upstox - Margin (Exposure)

Nirmal Bang Upstox
Equity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margins(SPAN + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) Option Sell: 1x | Option Buying: No Margin
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (100% of trade value) 1x (no margin)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Nirmal Bang Vs Upstox - Other Charges

Nirmal Bang Upstox
RMS Square Off Charge N/A (₹50 + GST)
API Charges N/A ₹0 (Free)
Call & Trade Charges N/A (₹50 + GST)
Other Brokerage Charges ₹20/Lot ₹20/ Order or 0.05% ( Whichever is lower)
Minimum Brokerage 0.02% ₹20/ Order

Nirmal Bang Vs Upstox - STT/CTT

Nirmal Bang Upstox
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on sell trade (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% on the sell side 0.025% only on sell
Equity Options 0.05% on sell side (on Premium) 0.05% only on sell
Currency Options No STT No STT
Equity Delivery 0.1% on buy & sell 0.1% on both buy & sell
Equity Futures 0.01% on sell side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% on sell trade

Nirmal Bang Vs Upstox - Demat transaction charges

Nirmal Bang Upstox
Equity Demat Transaction Charges ₹15 + GST per scrip only on sell Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell

Nirmal Bang Vs Upstox - GST

Nirmal Bang Upstox
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges)

Nirmal Bang Vs Upstox - SEBI Charges

Nirmal Bang Upstox
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/ Crore

Nirmal Bang Vs Upstox - Features

Nirmal Bang Upstox
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15 PM | Currency: 4:40 PM | Commodities: 11:25 PM Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM
Trading Platform 1.Beyond - (Mobile Trading App) 2.ODIN (Trading Terminal) 3.ODIN Aero 4.LD Addon 5.LD Rakshak (Risk Management Software) 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator
SMS Alerts for Trades
Direct Mutual Fund

Nirmal Bang

Upstox