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Nirmal Bang Vs Trade Smart Online
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Nirmal Bang Vs Trade Smart Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Nirmal Bang Vs Trade Smart Online Comparison
Here is a point by point comparison of Nirmal Bang Vs Trade Smart Online.
Nirmal Bang is an oldie in full-service broking segment in India with its operations starting in as early as 1986. This stockbroking 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.
Trade Smart Online is a discount broker that was incorporated by VNS – a stockbroking firm that was founded in 1994.
Everything about discount brokers such as Trade Smart Online is internet-based, be it – customer service, trading, account opening etc. Full-service brokers such as Nirmal Bang, on the other hand, will help you, spoon feed you, handhold 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 Nirmal Bang Vs Trade Smart Online 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
Nirmal Bang Vs Trade Smart Online Details
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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Trade Smart Online Review | Nirmal Bang Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 1994 | 1986 |
| Number of branches across India | 1 | 2000 |
| Exchanges | NSE, BSE, MCX, MCX-SX and NCDEX | NSE, BSE, MCX, NCDEX and MCX–SX |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹200 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹200 |
| Demat Account Opening Charges | ₹200 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹300 | ₹0 |
| Transaction Charges | Trade Smart Online Transaction Charges | Nirmal Bang Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed order or 0.07% depending on the plan | 0.2% |
| Intraday Delivery | ₹15 per executed order or 0.007% depending on the plan | 0.02% |
| Equity Futures | ₹15 per executed order or 0.007% depending on the plan | 0.02% |
| Equity Options | ₹15 or ₹7 per executed order depending on the plan | ₹35 per lot |
| Currency Futures | ₹15 per executed order or 0.007% depending on the plan | 0.02% |
| Currency Options | ₹15 per executed order or 0.007% depending on the plan | ₹20 per lot |
| Commodity | ₹15 per executed order or 0.007% depending on the plan | 0.01% |
| Brokerage Calculator | Trade Smart Online Brokerage Calculator | Nirmal Bang Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 30 times | Upto 4 times for Delivery, upto 10 times for Intraday |
| Equity Futures | Upto 5 times | Upto 4 times |
| Equity Options | Upto 5 times | No Margins for Buying, Upto 2 times for Shorting |
| Currency Futures | Upto 3 times | No Margins for Buying, Upto 2 times for Shorting |
| Currency Options | Upto 3 times | Upto 3 times |
| Commodities | Upto 5 times | 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) | NOW, Nest, Spin | ODIN Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
| Total BSE+NSE Complaints | 14 | 129 |
| OVERALL RATING |  | |
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Nirmal Bang Vs Trade Smart Online for the benefits of other readers? Please feel free to share in the comments below.
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Nirmal Bang Vs Trade Smart Online
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