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 |
Call Back Open Account |
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 - 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 - 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 |
Call Back Open Account |
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 |
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) |
Call Back Open Account |
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 | ||
Call Back Open Account |
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 | |
---|---|---|
Call Back Open Account |
Nirmal Bang Vs Upstox - Investment Options
Nirmal Bang | Upstox | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
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 | ||
Call Back Open Account |
Nirmal Bang Vs Upstox - Research & Report
Nirmal Bang | Upstox | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
Nirmal Bang Vs Upstox - Daily Market Report
Nirmal Bang | Upstox | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
Nirmal Bang Vs Upstox - Suitable For Investor
Nirmal Bang | Upstox | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
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. |
Call Back Open Account |
Nirmal Bang Vs Upstox - Background
Nirmal Bang | Upstox | |
---|---|---|
Call Back Open Account |
Nirmal Bang Vs Upstox - Compare All Brokers
Nirmal Bang | Upstox | |
---|---|---|
Call Back Open Account |
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 |
Call Back Open Account |
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 |
Call Back Open Account |
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) |
Call Back Open Account |
Nirmal Bang Vs Upstox - SEBI Charges
Nirmal Bang | Upstox | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Call Back Open Account |
Nirmal Bang Vs Upstox - Account Opening & AMC Charges
Nirmal Bang Vs Upstox
Nirmal Bang | Upstox | |
---|---|---|
Nirmal Bang Review | Brokerage Charges, Account OpeningLogical 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 |
Upstox Review 2024 - Brokerage Charges, Account Opening, MarginUpstox (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. |
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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) |
Call Back Open Account |
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 | ||
Call Back Open Account |