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Aditya Birla Money Vs Nirmal Bang – Share Brokers Comparison
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Aditya Birla Money Vs Nirmal Bang
Here is a point by point comparison of Aditya Birla Money Vs Nirmal Bang. Aditya Birla Money is part of Aditya Birla Group and is spread across 800 branches and franchises in the country. It is known for its free call and trade facility apart from reasonable brokerage charges. This full-service broker has its headquarters in Chennai.
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 Aditya Birla Money or 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 Aditya Birla Money 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
 |  | |
| Aditya Birla Money Review | Nirmal Bang Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 1994 | 1986 |
| Number of branches across India | 800 | 2000 |
| Exchanges | NSE, BSE, MSEI, MCX and NCDEX | NSE, BSE, MCX, NCDEX and MCX–SX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹750 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹200 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹0 |
| Transaction Charges | Aditya Birla Money Transaction Charges | Nirmal Bang Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | 0.2% |
| Intraday Delivery | 0.03% | 0.02% |
| Equity Futures | 0.03% | 0.02% |
| Equity Options | ₹50 per lot | ₹35 per lot |
| Currency Futures | 0.03% | 0.02% |
| Currency Options | ₹20 per lot | ₹20 per lot |
| Commodity | 0.03% | 0.01% |
| Brokerage Calculator | Aditya Birla Money Brokerage Calculator | Nirmal Bang Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | 15 times for Intraday and 5 times for Delivery | Upto 4 times for Delivery, upto 10 times for Intraday |
| Equity Futures | 3 times for Intraday | Upto 4 times |
| Equity Options | NA | No Margins for Buying, Upto 2 times for Shorting |
| Currency Futures | NA | No Margins for Buying, Upto 2 times for Shorting |
| Currency Options | 3 times for Intraday | Upto 3 times |
| Commodities | 2 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) | Express Trade, ETrade, Advanced Web, Mobile Invest | ODIN Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
| Total BSE+NSE Complaints | 55 | 129 |
| OVERALL RATING |  | |
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Summary
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Aditya Birla Money Vs Nirmal Bang
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