Zerodha Vs Nirman Broking
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Nirman Broking
Nirman Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha Vs Nirman Broking - Broker Details
| Zerodha | Nirman Broking | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 1987 |
| Exchanges | NSE, BSE, MCX and NCDEX | BSE, NSE, MCX and NCDEX |
| Branches | 120+ | 20 |
| Brokerage | ₹20/ Order or 0.03% | ₹20 per executed order or 0.05% |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Account Opening & AMC Charges
| Zerodha | Nirman Broking | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹360 + GST per year |
| Trading Account AMC | ₹0 (Free) | N/A |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Brokerage charges & Plans
| Zerodha | Nirman Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20 per executed per order or 0.05% |
| Equity Delivery | Zero Brokerage | ₹20 or 2.5% |
| Equity Options | ₹20/ Order | Flat ₹20 per executed per order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | Flat ₹20 per executed per order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20 per executed order or 0.05% |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | Flat ₹20 per executed per order |
| Fixed Charges | ₹20/Order | ₹20 per executed order or 0.05% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20 per executed order or 0.05% |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Other Charges
| Zerodha | Nirman Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20 per order |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20 per order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹20 per executed order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20 per executed order or 0.05% |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Transaction Charges
| Zerodha | Nirman Broking | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | NSE ₹500/Cr (0.005%) (on premium) |
| Equity Futures | NSE: 0.002% | NSE: ₹200/Cr (0.0019%) |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: ₹345/Cr (0.00325%) |
| Equity Options | NSE: 0.053% (on premium) | NSE ₹5000/Cr (0.05%) (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | N/A |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | NSE ₹120/Cr (0.0012%) |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE: ₹345/Cr (0.00325%) |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Margin (Exposure)
| Zerodha | Nirman Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 6x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Features
| Zerodha | Nirman Broking | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Zerodha Vs Nirman Broking - Review & Rating
| Zerodha | Nirman Broking | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs Nirman Broking - Request a call back from Broker
| Zerodha | Nirman Broking | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Nirman Broking - Investment Options
| Zerodha | Nirman Broking | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account |
Zerodha Vs Nirman Broking - Order Type
| Zerodha | Nirman Broking | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account |
Zerodha Vs Nirman Broking - Research & Report
| Zerodha | Nirman Broking | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account |
Zerodha Vs Nirman Broking - Daily Market Report
| Zerodha | Nirman Broking | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Zerodha Vs Nirman Broking - Suitable For Investor
| Zerodha | Nirman Broking | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Zerodha Vs Nirman Broking - Pros & Cons
| Zerodha | Nirman Broking | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 1. Wide Range of Financial Products, 2. User-Friendly Platform 3. Excellent customer service and support, 4. Wide range of investment products and options, 5. Competitive pricing and low fees. 6. Competitive Pricing |
| Cons | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 1. Market volatility and potential investment risks, 2. Technology Issues 3. Dependency on market conditions and economic factors, |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Background
| Zerodha | Nirman Broking | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Nirman Broking - Compare All Brokers
| Zerodha | Nirman Broking | |
|---|---|---|
| Call Back Open Account |
Zerodha Vs Nirman Broking - STT/CTT
| Zerodha | Nirman Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Demat transaction charges
| Zerodha | Nirman Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Zerodha Vs Nirman Broking - GST
| Zerodha | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Zerodha Vs Nirman Broking - SEBI Charges
| Zerodha | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Account Opening & AMC Charges
Zerodha
Nirman Broking
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹360 + GST per year
Trading Account AMC
₹0 (Free)
N/A
Zerodha Vs Nirman Broking
| Zerodha | Nirman Broking | |
|---|---|---|
Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
Nirman Broking Account Opening Process and Charges |
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Nirman Broking
Nirman Broking Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Zerodha Vs Nirman Broking - Brokerage charges & Plans
| Zerodha | Nirman Broking | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | N/A |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20 per executed per order or 0.05% |
| Equity Delivery | Zero Brokerage | ₹20 or 2.5% |
| Equity Options | ₹20/ Order | Flat ₹20 per executed per order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | Flat ₹20 per executed per order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹20 per executed order or 0.05% |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | Flat ₹20 per executed per order |
| Fixed Charges | ₹20/Order | ₹20 per executed order or 0.05% |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹20 per executed order or 0.05% |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Margin (Exposure)
| Zerodha | Nirman Broking | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 6x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Other Charges
| Zerodha | Nirman Broking | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹20 per order |
| API Charges | ₹2000/ Month | ₹0 (Free) |
| Call & Trade Charges | ₹50/ Order | ₹20 per order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹20 per executed order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20 per executed order or 0.05% |
| Call Back Open Account |
Zerodha Vs Nirman Broking - STT/CTT
| Zerodha | Nirman Broking | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the Sell Side |
| Equity Options | 0.05% on sell side (on premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Demat transaction charges
| Zerodha | Nirman Broking | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹10 + GST per scrip only on sell |
| Call Back Open Account |
Zerodha Vs Nirman Broking - GST
| Zerodha | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Zerodha Vs Nirman Broking - SEBI Charges
| Zerodha | Nirman Broking | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
| Call Back Open Account |
Zerodha Vs Nirman Broking - Features
| Zerodha | Nirman Broking | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1. Nirman Profit Plus Mobile App, 2. Profit Plus Web Portal, 3. Nirman Profit Plus Desktop Software |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
|
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| Call Back Open Account |