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Nirmal Bang Vs Wisdom Capital
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Nirmal Bang Vs Wisdom Capital 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 Wisdom Capital Comparison
Here is a point by point comparison of Nirmal Bang Vs Wisdom Capital.
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.
Wisdom Capital is a subsidiary of Ashlar Group of companies with a focus on retail discount stock broking. Launched in 2013, Wisdom capital was the first stock broker that introduced at lifetime brokerage plan wherein clients need to pay just once and they won’t be charged for brokerage across their life.
Discount brokers such as Wisdom Capital offer trading services at much cheaper brokerage rates and reasonable customer service. On the other hand, Full-service brokers such as Nirmal Bang 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 Wisdom Capital 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 Wisdom Capital 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.
 |  | |
| Wisdom Capital Review | Nirmal Bang Review | |
| OVERVIEW | ||
| Broker Type | Discount Broker | Full Service Broker |
| Incorporated In the Year | 2013 | 1986 |
| Number of branches across India | 250 | 2000 |
| Exchanges | NSE, BSE, MCX – SX, MCX and USE | NSE, BSE, MCX, NCDEX and MCX–SX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹200 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹999 Lifetime | ₹0 |
| Transaction Charges | Wisdom Capital Transaction Charges | Nirmal Bang Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹9 per executed order OR ₹999 per month for Unlimited Trades | 0.2% |
| Intraday Delivery | ₹9 per executed order OR ₹999 per month for Unlimited Trades | 0.02% |
| Equity Futures | ₹9 per executed order OR ₹999 per month for Unlimited Trades | 0.02% |
| Equity Options | ₹9 per executed order OR ₹999 per month for Unlimited Trades | ₹35 per lot |
| Currency Futures | ₹9 per executed order OR ₹999 per month for Unlimited Trades | 0.02% |
| Currency Options | ₹9 per executed order OR ₹999 per month for Unlimited Trades | ₹20 per lot |
| Commodity | ₹9 per executed order OR ₹999 per month for Unlimited Trades | 0.01% |
| Brokerage Calculator | Wisdom Capital Brokerage Calculator | Nirmal Bang Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | 5 times to 40 times depending on the Brokerage plan | Upto 4 times for Delivery, upto 10 times for Intraday |
| Equity Futures | 5 times to 20 times depending on the Brokerage plan | Upto 4 times |
| Equity Options | 5 times to 40 times depending on the Brokerage plan | No Margins for Buying, Upto 2 times for Shorting |
| Currency Futures | 4 times to 15 times depending on the Brokerage plan | No Margins for Buying, Upto 2 times for Shorting |
| Currency Options | 4 times to 15 times depending on the Brokerage plan | Upto 3 times |
| Commodities | 5 times to 20 times depending on the Brokerage plan | 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) | NEST, NSE NOW, BOLT | ODIN Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
| Total BSE+NSE Complaints | 63 | 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 Wisdom Capital for the benefits of other readers? Please feel free to share in the comments below.
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Nirmal Bang Vs Wisdom Capital
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