Edelweiss vs Nirmal Bang Comparison: 2024

About Edelweiss

Edelweiss Broking Ltd. is a full-time broker company operating in the capital market for more than a decade. It is part of the Edelweiss Group, one of the leading companies that provide financial services in India. It's products and services span multi-asset classes and caters to a diversified set of clients including corporations. individuals and organizations. Claiming to be your wealth advisor, Edelweiss has earned several awards in the category of best broking and digital services over the years.

Edelweiss Broking Ltd: An Overview

Founded back in 1995, The Edelweiss group commenced the commodity trading business in 2008. It is a Mumbai-based share broking company with a client base of 12 lakh spread across 200 locations in India. One of the biggest milestones of Edelweiss was the acquisition of The Jaypee Morgan Asset Management Company(AMC) in 2016. It is a registered broker with the NSE, BSE, MCX and NCDEX exchanges that

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

Edelweiss vs Nirmal Bang Account Opening Charges: 2024

ChargeEdelweissNirmal Bang
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹0₹0
Trading Account AMC₹0₹0
Demat Account AMC₹500 p.a. (For 1st year: Free)₹200 per year

Edelweiss vs Nirmal Bang Brokerage Charges and Plans : 2024

ChargeEdelweissNirmal Bang
Plan NameLite PlanN/A
Equity Delivery₹10 per executed order0.2%
Equity Intraday₹10 per executed order0.02%
Equity Futures₹10 per executed order0.02%
Equity Options₹10 per executed order₹35
Currency Futures₹10 per executed order0.02%
Currency Options₹10 per executed order₹20
Commodity OptionsN/A0.01%
Mutual FundN/AN/A

Edelweiss vs Nirmal Bang Margin / Exposure: 2024

SegmentEdelweissNirmal Bang
Equity DeliveryUpto 10xUpto 10x
Equity IntradayUpto 40xUpto 4x
Equity Future40xUpto 4x
Equity OptionsNilUpto 2x for shorting
Currency Future1.5xUpto 2x for shorting
Currency OptionsNilUpto 3x
Commodity FutureUpto 6xUpto 3x
Commodity OptionsN/AN/A

Edelweiss vs Nirmal Bang Currency Charges and Plans: 2024

Edelweiss charge ₹10 per executed order for Currency Futures and ₹10 per executed order for Currency Options whereas Nirmal Bang Charges 0.02% for Currency futures and ₹20 for Currency options.
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