Anand Rathi vs Nirmal Bang Comparison: 2024
About Anand Rathi
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
Anand Rathi: An Overview
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
About Nirmal Bang
Nirmal Bang, one of most popular stock brokers as well as trading services provider in the country, has been around since 1986. Nirmal Bang offers complete stock trading services to all of its clients via multiple methods including online stock trading in the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Nirmal Bang: Overview
Based out of Mumbai, Maharashtra, the firm gained popularity because of its excellent stock trading platform available to the clients. Along with that, the firm also offers brilliant advisory services and effective trading software and algorithms to its customers.
Nirmal Bang is registered in India’s major stock exchanges like Bombay Stock Exchange Ltd (BSE), National Stock Exchange Ltd (NSE), National Commodity & Derivatives Exchange Ltd (NCDEX), Multi Commodity Exchange of India Ltd (MCX), National Multi Commodity Exchange of India Ltd (NMCE). Along with these, the company also is a membership being a Depository Participant (DP) in
Anand Rathi vs Nirmal Bang Account Opening Charges: 2024
| Charge | Anand Rathi | Nirmal Bang |
|---|---|---|
| Demat Account Opening Charges | ₹550 (One time) | ₹0 |
| Trading Acc Opening Charges | ₹750 (One time) | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹299 from second year onward | ₹200 per year |
Anand Rathi vs Nirmal Bang Brokerage Charges and Plans : 2024
| Charge | Anand Rathi | Nirmal Bang |
|---|---|---|
| Plan Name | Standard Plan | N/A |
| Equity Delivery | 0.5% - 0.15% | 0.2% |
| Equity Intraday | 0.05% -0.015% | 0.02% |
| Equity Futures | 0.05% -0.015% | 0.02% |
| Equity Options | ₹75 to ₹20 | ₹35 |
| Currency Futures | 0.05% -0.015% | 0.02% |
| Currency Options | ₹75 to ₹20 | ₹20 |
| Commodity Options | 0.008% - 0.05% | 0.01% |
| Mutual Fund | N/A | N/A |
Anand Rathi vs Nirmal Bang Margin / Exposure: 2024
| Segment | Anand Rathi | Nirmal Bang |
|---|---|---|
| Equity Delivery | N/A | Upto 10x |
| Equity Intraday | N/A | Upto 4x |
| Equity Future | N/A | Upto 4x |
| Equity Options | N/A | Upto 2x for shorting |
| Currency Future | N/A | Upto 2x for shorting |
| Currency Options | N/A | Upto 3x |
| Commodity Future | N/A | Upto 3x |
| Commodity Options | N/A | N/A |