Reliance Securities vs Nirmal Bang Comparison: 2024
About Reliance Securities
Reliance securities also called Reliance Smart Money is a full-service online trading and investment platform and is the broking arm of Reliance Capital. So, let's have a look at Reliance Securities Features, reviews, trading account opening and Brokerage Charges. Reliance Securities started its operation in 2005. It has a strong presence across the country with 1000+ offices serving 8 Lakh customers.
Reliance Securities offers services in:
- Equities
- NCDs/Bonds
- Sovereign Gold Bond
- IPOs
- Mutual Funds
- Derivatives
- Currency
- Corporate FDs
- Insurance Products
- Securities Lending & Borrowing
- Auction Market Participation
Features of Reliance Securities
- Competitive Brokerage: Provides different competitive brokerage plans suited for different categories of investors and traders
- Smart Trading Platforms: Offers a wide range of user-friendly trading platforms from browser-based platform to application based for both computer and mobile devices. It also offers call and trade facility to its customers
- Research: It offers it customers with specialized research report ranging from investment summaries, pre-market reports, futures
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
Reliance Securities vs Nirmal Bang Account Opening Charges: 2024
| Charge | Reliance Securities | Nirmal Bang |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹950 (One-time) | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹400 p.a. | ₹200 per year |
Reliance Securities vs Nirmal Bang Brokerage Charges and Plans : 2024
| Charge | Reliance Securities | Nirmal Bang |
|---|---|---|
| Plan Name | Fixed Online Plan | N/A |
| Equity Delivery | 0.4%\t | 0.2% |
| Equity Intraday | 0.04%\t | 0.02% |
| Equity Futures | 0.04%\t | 0.02% |
| Equity Options | Rs 100/Lot | ₹35 |
| Currency Futures | 0.04%\t | 0.02% |
| Currency Options | Rs 100/Lot | ₹20 |
| Commodity Options | N/A | 0.01% |
| Mutual Fund | N/A | N/A |
Reliance Securities vs Nirmal Bang Margin / Exposure: 2024
| Segment | Reliance Securities | Nirmal Bang |
|---|---|---|
| Equity Delivery | Upto 3x | Upto 10x |
| Equity Intraday | Upto 10x | Upto 4x |
| Equity Future | Upto 3x | Upto 4x |
| Equity Options | Nil | Upto 2x for shorting |
| Currency Future | Nil | Upto 2x for shorting |
| Currency Options | Nil | Upto 3x |
| Commodity Future | N/A | Upto 3x |
| Commodity Options | N/A | N/A |