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Anand Rathi Vs Nirmal Bang – Share Brokers Comparison
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Anand Rathi Vs Nirmal Bang
Here is a point by point comparison of Anand Rathi Vs Nirmal Bang. Anand Rathi is a full service stock broking housing with its operations started back in 1994. It is known for providing trading and investment services across a whole range of financial assets. Further, it has got an array of trading platforms across web, desktop and mobile.
Nirmal Bang is an oldie in full service broking segment in India with its operations starting in as early as 1986. This stock broking firm has a franchise count of more than 2000 across 360 cities of the country. One of the best parts of Nirmal Bang is that it allows free call and trade facility to its clients.
Full service brokers such as Anand Rathi or Nirmal Bang will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Anand Rathi Vs Nirmal Bang to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| Anand Rathi Review | Nirmal Bang Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 1994 | 1986 |
| Number of branches across India | 1200 | 2000 |
| Exchanges | BSE, NSE, MCX, NCDEX and USE | NSE, BSE, MCX, NCDEX and MCX–SX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹750 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹200 |
| Demat Account Opening Charges | ₹550 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 for first year, ₹299 from second year | ₹0 |
| Transaction Charges | Anand Rathi Transaction Charges | Nirmal Bang Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% (can be negotiated further) | 0.2% |
| Intraday Delivery | 0.03% | 0.02% |
| Equity Futures | 0.03% | 0.02% |
| Equity Options | ₹50 per executed order | ₹35 per lot |
| Currency Futures | 0.03% | 0.02% |
| Currency Options | ₹50 per executed order | ₹20 per lot |
| Commodity | 0.03% | 0.01% |
| Brokerage Calculator | Anand Rathi Brokerage Calculator | Nirmal Bang Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, Upto 4 times for Delivery | Upto 4 times for Delivery, upto 10 times for Intraday |
| Equity Futures | Upto 2 times for Intraday | Upto 4 times |
| Equity Options | Buying no leverage, Shorting upto 2 times | No Margins for Buying, Upto 2 times for Shorting |
| Currency Futures | Upto 2 times for Intraday | No Margins for Buying, Upto 2 times for Shorting |
| Currency Options | Buying no leverage, Shorting upto 2 times | Upto 3 times |
| Commodities | Upto 2 times for Intraday | Upto 3 times |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | |  |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | Trade X'Press+, Trade Lite, Trade Mobi, Trade X'Pro, Trade X'Pro+ | ODIN Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
| Total BSE+NSE Complaints | 61 | 129 |
| OVERALL RATING |  | |
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Summary
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Date
Broker Name
Anand Rathi Vs Nirmal Bang
Overall Rating
