Nirmal Bang vs SAMCO 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 SAMCO
SAMCO is another popular discount broker in India which has carved a niche for itself in a short span of time. It conceptualized in the year 2015 and with its diversifying broking services and products range it has a good hold on the market at present.
Samco Overview
Samco Securities Ltd. is known to be a suitable stockbroker for beginners since it offers an exhaustive repository of basic and intermediate tutorials on investing and trading. At the same time, with low brokerage charges, they leave a low chance of risk for the beginners as compared to other Indian stock brokers.
It allows trading across all the leading stock and commodity exchanges in India including NSE, BSE, MCX, MCX-SX and NCDEX. Samco facilitates commodity segment for MCX trading through its associated entity, Samco Commodities Ltd. The firm primarily caters to corporate and retail clients. It also offers loans against shares, low brokerage Demat
Nirmal Bang vs SAMCO Account Opening Charges: 2024
| Charge | Nirmal Bang | SAMCO |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹200 per year | ₹400 |
Nirmal Bang vs SAMCO Brokerage Charges and Plans : 2024
| Charge | Nirmal Bang | SAMCO |
|---|---|---|
| Plan Name | N/A | Standard |
| Equity Delivery | 0.2% | ₹20 per executed order |
| Equity Intraday | 0.02% | ₹20 per executed order |
| Equity Futures | 0.02% | ₹20 per executed order |
| Equity Options | ₹35 | ₹20 per executed order |
| Currency Futures | 0.02% | ₹20 per executed order |
| Currency Options | ₹20 | ₹20 per executed order |
| Commodity Options | 0.01% | ₹20 per executed order |
| Mutual Fund | N/A | N/A |
Nirmal Bang vs SAMCO Margin / Exposure: 2024
| Segment | Nirmal Bang | SAMCO |
|---|---|---|
| Equity Delivery | Upto 10x | Upto 4x |
| Equity Intraday | Upto 4x | Upto 15x |
| Equity Future | Upto 4x | Upto 4x |
| Equity Options | Upto 2x for shorting | Upto 8x |
| Currency Future | Upto 2x for shorting | Upto 3x |
| Currency Options | Upto 3x | Upto 5x |
| Commodity Future | Upto 3x | Upto 5x |
| Commodity Options | N/A | Upto 5x |