Nirmal Bang vs Sharekhan 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 Sharekhan
One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).
Sharekhan: Overview
Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.
Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis
Nirmal Bang vs Sharekhan Account Opening Charges: 2024
| Charge | Nirmal Bang | Sharekhan |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹200 per year | ₹400 (Free for 1st year with trading account) |
Nirmal Bang vs Sharekhan Brokerage Charges and Plans : 2024
| Charge | Nirmal Bang | Sharekhan |
|---|---|---|
| Plan Name | N/A | Classic Account |
| Equity Delivery | 0.2% | 0.50% |
| Equity Intraday | 0.02% | 0.10% |
| Equity Futures | 0.02% | 0.10% |
| Equity Options | ₹35 | ₹50 per lot |
| Currency Futures | 0.02% | 0.10% |
| Currency Options | ₹20 | ₹30 per lot |
| Commodity Options | 0.01% | 0.03% |
| Mutual Fund | N/A | N/A |
Nirmal Bang vs Sharekhan Margin / Exposure: 2024
| Segment | Nirmal Bang | Sharekhan |
|---|---|---|
| Equity Delivery | Upto 10x | Upto 5x |
| Equity Intraday | Upto 4x | Upto 10x |
| Equity Future | Upto 4x | 2x |
| Equity Options | Upto 2x for shorting | Nil |
| Currency Future | Upto 2x for shorting | Nil |
| Currency Options | Upto 3x | Nil |
| Commodity Future | Upto 3x | Upto 2x |
| Commodity Options | N/A | N/A |