Nirmal Bang vs Marwadi Shares Comparison: 2024
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
About Marwadi Shares
Marwadi Shares and Finance Ltd. is a financial service provider company operating in the financial markets for almost 3 decades. This full-service brokerage company is one of the leading in India that has been ranked amongst the top 10 in the BSE ratings multiple times.
Marwadi Shares: Overview
Marwadi Shares is a Gujarat based broking firm facilitating broking as well as Wealth management services. They are spread across 104 branches nationwide and employ more than 1400 authorized sub-brokers assisting a client base of 4 lakh plus. Founded in 1992 by Pranav M. Shah, Marwadi Shares and Finance Ltd. is affiliated and licensed to trade in NSE, BSE, NCDEX, MCX security exchanges. The company is also a Depository Participant of NCDL and CDSL.
It facilitates trading in a wide segment of securities ranging from equity, derivatives, currency to mutual Funds, and insurance. They cater to the needs of retail as well as an
Nirmal Bang vs Marwadi Shares Account Opening Charges: 2024
| Charge | Nirmal Bang | Marwadi Shares |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹200 per year | ₹450 per year or one time fee of ₹2500 |
Nirmal Bang vs Marwadi Shares Brokerage Charges and Plans : 2024
| Charge | Nirmal Bang | Marwadi Shares |
|---|---|---|
| Plan Name | N/A | N/A |
| Equity Delivery | 0.2% | 0.30% |
| Equity Intraday | 0.02% | 0.06% |
| Equity Futures | 0.02% | 0.02% |
| Equity Options | ₹35 | ₹100 per lot |
| Currency Futures | 0.02% | 0.02% |
| Currency Options | ₹20 | ₹100 per lot |
| Commodity Options | 0.01% | 0.02% |
| Mutual Fund | N/A | N/A |
Nirmal Bang vs Marwadi Shares Margin / Exposure: 2024
| Segment | Nirmal Bang | Marwadi Shares |
|---|---|---|
| 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 |