Indiabulls vs Nirmal Bang Comparison: 2024
About Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
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
Indiabulls vs Nirmal Bang Account Opening Charges: 2024
| Charge | Indiabulls | Nirmal Bang |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹500 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹450 | ₹200 per year |
Indiabulls vs Nirmal Bang Brokerage Charges and Plans : 2024
| Charge | Indiabulls | Nirmal Bang |
|---|---|---|
| Plan Name | Equity Unlimited Trade Plan | N/A |
| Equity Delivery | ₹0 | 0.2% |
| Equity Intraday | ₹0 | 0.02% |
| Equity Futures | ₹15 per trade | 0.02% |
| Equity Options | ₹15 per trade | ₹35 |
| Currency Futures | ₹15 per trade | 0.02% |
| Currency Options | ₹15 per trade | ₹20 |
| Commodity Options | 0.03% | 0.01% |
| Mutual Fund | N/A | N/A |
Indiabulls vs Nirmal Bang Margin / Exposure: 2024
| Segment | Indiabulls | Nirmal Bang |
|---|---|---|
| Equity Delivery | 1x (No margin) | Upto 10x |
| Equity Intraday | Upto 5x | Upto 4x |
| Equity Future | Intra-day: 4x | Carry forward: 1x | Upto 4x |
| Equity Options | Intra-day: 4x | Carry forward: 1x | Upto 2x for shorting |
| Currency Future | Intra-day: 2x | Carry forward: 1x | Upto 2x for shorting |
| Currency Options | Intra-day: 2x | Carry forward: 1x | Upto 3x |
| Commodity Future | N/A | Upto 3x |
| Commodity Options | N/A | N/A |