Geojit BNP Paribas Vs Nirmal Bang – Share Brokers Comparison
Geojit BNP Paribas Vs Nirmal Bang
Here is a point by point comparison of Geojit BNP Paribas Vs Nirmal Bang. Geojit BNP Paribas is one of the prominent full service brokers in India with 8,00,000 clients across 509 offices across the country. At the same time, Geojit BNP Paribas also has international presence across middle eastern countries such as Saudi Arabia, Bahrain, UAE, Oman and Kuwait.
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 Geojit BNP Paribas or Nirmal Bang, on the other hand, 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 Geojit BNP Paribas 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
Geojit BNP Paribas Review | Nirmal Bang Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1987 | 1986 |
Number of branches across India | 509 | 2000 |
Exchanges | BSE, NSE, MCX-SX | NSE, BSE, MCX, NCDEX and MCX–SX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹425 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹200 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
Transaction Charges | Geojit BNP Transaction Charges | Nirmal Bang Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% | 0.2% |
Intraday Delivery | 0.03% | 0.02% |
Equity Futures | 0.03% | 0.02% |
Equity Options | ₹125 per contract | ₹35 per lot |
Currency Futures | 0.03% | 0.02% |
Currency Options | ₹125 per contract | ₹20 per lot |
Commodity | NA | 0.01% |
Brokerage Calculator | Geojit BNP Brokerage Calculator | Nirmal Bang Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 10 times, For Delivery upto 7 days but with interest of 22%/annum | Upto 4 times for Delivery, upto 10 times for Intraday |
Equity Futures | No additional leverage for Intraday | Upto 4 times |
Equity Options | No additional leverage for Intraday | No Margins for Buying, Upto 2 times for Shorting |
Currency Futures | No additional leverage for Intraday | No Margins for Buying, Upto 2 times for Shorting |
Currency Options | No additional leverage for Intraday | Upto 3 times |
Commodities | NA | 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) | Selfie Platinum, Selfie Gold, Mobile App | ODIN Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
Total BSE+NSE Complaints | 39 | 129 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Geojit BNP Paribas Vs Nirmal Bang for the benefits of other readers. Please feel free to share in the comments below.
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