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Religare Securities Vs Nirmal Bang – Share Brokers Comparison
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Religare Securities Vs Nirmal Bang
Here is a point by point comparison of Religare Securities Vs Nirmal Bang. Religare Securities, a subsidiary of Religare Enterprises Limited is a full service broker with more than 8 Lakh clients from more than 500 cities of India. It allows its clients to trade across different segments such as Equity, Derivatives, commodities, currency etc.
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 Religare Securities 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 Religare Securities 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
 |  | |
| Nirmal Bang Review | Religare Securities Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 1986 | 1994 |
| Number of branches across India | 2000 | 500 |
| Exchanges | NSE, BSE, MCX, NCDEX and MCX–SX | NSE, BSE, MCX-SX, MCX & NCDEX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹500 |
| Trading Account Annual Maintenance Charges | ₹200 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹300 |
| Transaction Charges | Nirmal Bang Transaction Charges | Religare Securities Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.2% | 0.5% |
| Intraday Delivery | 0.02% | 0.05% |
| Equity Futures | 0.02% | 0.05% |
| Equity Options | ₹35 per lot | ₹70 per lot |
| Currency Futures | 0.02% | 0.05% |
| Currency Options | ₹20 per lot | ₹30 per lot |
| Commodity | 0.01% | 0.05% |
| Brokerage Calculator | Nirmal Bang Brokerage Calculator | Religare Securities Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 4 times for Delivery, upto 10 times for Intraday | Upto 10 times Intraday, Upto 4 times delivery @interest |
| Equity Futures | Upto 4 times | Upto 3 times for Intraday |
| Equity Options | No Margins for Buying, Upto 2 times for Shorting | Buying no Leverage, shorting upto 3 times for Intraday |
| Currency Futures | No Margins for Buying, Upto 2 times for Shorting | Upto 2 times for Intraday |
| Currency Options | Upto 3 times | Buying no Leverage, shorting upto 2 times for Intraday |
| Commodities | Upto 3 times | Upto 3 times for Intraday |
| 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) | ODIN Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App | Religare Online, Trade On the Go, ODIN |
| Total BSE+NSE Complaints | 129 | 139 |
| 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 Religare Securities Vs Nirmal Bang for the benefits of other readers. Please feel free to share in the comments below.
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Religare Securities Vs Nirmal Bang
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