TradeBulls Vs Nirmal Bang
| |TradeBulls Vs Nirmal Bang 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.
TradeBulls Vs Nirmal Bang Comparison
Here is a point by point comparison of TradeBulls Vs Nirmal Bang.
TradeBulls is a full-service stockbroker based out of Mumbai. Being a Full-Service Stockbroker, Tradebulls charges a reasonable brokerage rate and offers its in-house developed trading platforms to clients.
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.
Full-service brokers such as Nirmal Bang or TradeBulls 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 TradeBulls 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
TradeBulls Vs Nirmal Bang Compare
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.
Tradebulls Review | Nirmal Bang Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 2009 | 1986 |
Number of branches across India | 18 | 2000 |
Exchanges | NSE, BSE, MCX-SX, NCDEX and MCX | 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 | ₹350 | ₹0 |
Transaction Charges | Tradebulls Transaction Charges | Nirmal Bang Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.2% | 0.2% |
Intraday Delivery | 0.02% | 0.02% |
Equity Futures | 0.02% | 0.02% |
Equity Options | 0.02% | ₹35 per lot |
Currency Futures | 0.01% | 0.02% |
Currency Options | 0.01% | ₹20 per lot |
Commodity | 0.01% | 0.01% |
Brokerage Calculator | TradeBulls Brokerage Calculator | Nirmal Bang Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times Intraday & 3 to 5 times for Delivery | Upto 4 times for Delivery, upto 10 times for Intraday |
Equity Futures | 2 times | Upto 4 times |
Equity Options | 3 times | No Margins for Buying, Upto 2 times for Shorting |
Currency Futures | 2 times | No Margins for Buying, Upto 2 times for Shorting |
Currency Options | 3 times | Upto 3 times |
Commodities | 3 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) | Tradebulls Client, Diet, Touch Mobile App | ODIN Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
Total BSE+NSE Complaints | 17 | 129 |
OVERALL RATING | ||
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
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 TradeBulls Vs Nirmal Bang for the benefits of other readers? Please feel free to share in the comments below.
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