Trade Smart Online vs Nirmal Bang Comparison: 2024

About Trade Smart Online

Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.

Trade Smart: An Overview

Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform. 

Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading. 

They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly

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

Trade Smart Online vs Nirmal Bang Account Opening Charges: 2024

ChargeTrade Smart OnlineNirmal Bang
Demat Account Opening Charges₹200₹0
Trading Acc Opening Charges₹200₹0
Trading Account AMC₹0₹0
Demat Account AMC₹300₹200 per year

Trade Smart Online vs Nirmal Bang Brokerage Charges and Plans : 2024

ChargeTrade Smart OnlineNirmal Bang
Plan NamePower Trading PlanN/A
Equity Delivery₹15 per executed order0.2%
Equity Intraday₹15 per executed order0.02%
Equity Futures₹15 per executed order0.02%
Equity Options₹15 per executed order₹35
Currency Futures₹15 per executed order0.02%
Currency Options₹15 per executed order₹20
Commodity Options₹15 per executed order0.01%
Mutual FundN/AN/A

Trade Smart Online vs Nirmal Bang Margin / Exposure: 2024

SegmentTrade Smart OnlineNirmal Bang
Equity Delivery1x (No Margin)Upto 10x
Equity IntradayUpto 30x Upto 4x
Equity FutureMIS: 3X | BO: 7X | CO: 7XUpto 4x
Equity OptionsMIS: 3X | BO: 7X | CO: 7XUpto 2x for shorting
Currency FutureMIS: 3X | BO: 3X | CO: 3XUpto 2x for shorting
Currency OptionsMIS: 3XUpto 3x
Commodity FutureMIS: 2X | BO: 6X | CO: 6XUpto 3x
Commodity OptionsN/AN/A

Trade Smart Online vs Nirmal Bang Currency Charges and Plans: 2024

Trade Smart Online charge ₹15 per executed order for Currency Futures and ₹15 per executed order for Currency Options whereas Nirmal Bang Charges 0.02% for Currency futures and ₹20 for Currency options.

Trade Smart Online vs Nirmal Bang Commodity Charges and Plans: 2024

Trade Smart Online charge ₹15 per executed order for commodity and Nirmal Bang charge 0.01% for commodity.
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