RK Global Vs Nirmal Bang – Share Brokers Comparison
RK Global Vs Nirmal Bang
Here is a point by point comparison of RK Global Vs Nirmal Bang. Started in the year 1995 in the quity markets, RK Global opened out to other segments by 2004 with PAN India presence. By 2006, RK Global was already offering e-trading options with unlimited trading plans. Now, as a discount stock broker, they have a huge presence across 24 states and 150+ locations in India. 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.
Discount brokers such as RK Global offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as 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 RK Global 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
R K Global Review | Nirmal Bang Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 1995 | 1986 |
Number of branches across India | 150 | 2000 |
Exchanges | NSE, BSE, MCX and NCDEX | 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 | ₹50 | ₹0 |
Demat Account Annual Maintenance Charges | ₹250, First year Free | ₹0 |
Transaction Charges | RK Global Transaction Charges | Nirmal Bang Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹9 per executed order or ₹999 per month for unlimited trading | 0.2% |
Intraday Delivery | ₹9 per executed order or ₹999 per month for unlimited trading | 0.02% |
Equity Futures | ₹9 per executed order or ₹999 per month for unlimited trading | 0.02% |
Equity Options | ₹9 per executed order or ₹999 per month for unlimited trading | ₹35 per lot |
Currency Futures | ₹0.99 per lot or ₹999 per month for unlimited trading | 0.02% |
Currency Options | ₹0.99 per lot or ₹999 per month for unlimited trading | ₹20 per lot |
Commodity | ₹9 per executed order or ₹999 per month for unlimited trading | 0.01% |
Brokerage Calculator | RK Global Brokerage Calculator | Nirmal Bang Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 8 to 10 times for Intraday, no leverage for Delivery | Upto 4 times for Delivery, upto 10 times for Intraday |
Equity Futures | 5 times for Intraday | Upto 4 times |
Equity Options | 5 times for Intraday | 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 | 5 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) | RKG DIET ODIN, RKG MOBILE TRADING | ODIN Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
Total BSE+NSE Complaints | 23 | 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 RK Global Vs Nirmal Bang for the benefits of other readers. Please feel free to share in the comments below.
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