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).
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
Kotak Mahindra Bank is a renowned bank that has well-established itself in the country and a pioneer in embracing newer technological implementations in the banking sector. It has thrived in offering surplus services and features to its customers to simplify the overall banking process.
With this, Kotak Mahindra also offers Kotak Securities, a subsidiary under its name that provides traders and investors alike to trade in the Stock Market. As a broker, it provides quite an impressive array of features and services, which does come in handy while trading and investing in the stock market.
Established in 1994 in Mumbai, Kotak Securities comes under Kotak Mahindra Bank and offers services related to investing and trading in the stock market. Financial services are also included. The bank is targeted primarily towards India and has a broad chain of outlets that spans 1209 branches handling well
Charge | Nirmal Bang | Kotak Securities |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹0 | ₹750 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹200 per year | ₹600 per year |
Charge | Nirmal Bang | Kotak Securities |
---|---|---|
Plan Name | N/A | Fixed Brokerage Plan |
Equity Delivery | 0.2% | 0.49% |
Equity Intraday | 0.02% | 0.049% (both side) |
Equity Futures | 0.02% | 0.049% (both side) |
Equity Options | ₹35 | ₹300 per lot |
Currency Futures | 0.02% | N/A |
Currency Options | ₹20 | N/A |
Commodity Options | 0.01% | Futures 0.070% |
Mutual Fund | N/A | N/A |
Segment | Nirmal Bang | Kotak Securities |
---|---|---|
Equity Delivery | Upto 10x | N/A |
Equity Intraday | Upto 4x | N/A |
Equity Future | Upto 4x | N/A |
Equity Options | Upto 2x for shorting | N/A |
Currency Future | Upto 2x for shorting | N/A |
Currency Options | Upto 3x | N/A |
Commodity Future | Upto 3x | N/A |
Commodity Options | N/A | N/A |