Finvasia vs Nirmal Bang Comparison: 2024

About Finvasia

Finvasia, a financial services company providing a wide array of services in the the financial sector. With Finvasia Securities having its base in Chandigarh, it's an emerging platform to join the race of discount brokers in India.

Finvasia is an international wealth management and broking fintech company rapidly growing in the Indian arena. this technology-driven Firm offers a very diversified business model ranging from capital market advisory to commodity broking and everything in between. With the aim To promote direct investments, It currently operates in 14 countries including Australia, Brazil, Canada, London, and others. The Indian office of the broker is situated in Chandigarh.

Finvasia: an overview

Finvasia was founded by Ex-wall street professionals Sarvjeet Singh Virk and Tajinder Singh Virk in 2009 in Canada. The brother duo initially came to India as Foreign institutional investors(FII) but soon realized the need to create financial solutions for the Indian investor. The company provides

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

Finvasia vs Nirmal Bang Account Opening Charges: 2024

ChargeFinvasiaNirmal Bang
Demat Account Opening Charges₹0 (Free)₹0
Trading Acc Opening Charges₹0₹0
Trading Account AMC₹0₹0
Demat Account AMC₹0 (Free)₹200 per year

Finvasia vs Nirmal Bang Brokerage Charges and Plans : 2024

ChargeFinvasiaNirmal Bang
Plan NameStandardN/A
Equity Delivery₹00.2%
Equity Intraday₹00.02%
Equity Futures₹00.02%
Equity Options₹0₹35
Currency Futures₹00.02%
Currency Options₹0₹20
Commodity Options₹00.01%
Mutual FundN/AN/A

Finvasia vs Nirmal Bang Margin / Exposure: 2024

SegmentFinvasiaNirmal Bang
Equity Delivery1xUpto 10x
Equity IntradayUpto 10xUpto 4x
Equity Future2xUpto 4x
Equity Options1xUpto 2x for shorting
Currency Future1xUpto 2x for shorting
Currency Options1xUpto 3x
Commodity Future2xUpto 3x
Commodity Options1xN/A

Finvasia vs Nirmal Bang Currency Charges and Plans: 2024

Finvasia charge ₹0 for Currency Futures and ₹0 for Currency Options whereas Nirmal Bang Charges 0.02% for Currency futures and ₹20 for Currency options.

Finvasia vs Nirmal Bang Commodity Charges and Plans: 2024

Finvasia charge ₹0 for commodity and Nirmal Bang charge 0.01% for commodity.
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