Looking for Low Brokerage, High Margin & Free Tips?
LKP Securities Vs Nirmal Bang – Share Brokers Comparison
| | Broker Comparison, Trading | No Comments
LKP Securities Vs Nirmal Bang
Here is a point by point comparison of LKP Securities Vs Nirmal Bang. LKP Securities is a full service stock broker based out of Mumbai and has presence in more than 2300 locations across 200 cities of India. Started as a securities brokerage house in 1948, LKP Securities is a listed public company that posted a networth of ₹158 Crore for the FY 2016-17.
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 LKP Securities 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 LKP 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
 |  | |
| LKP Securities Review | Nirmal Bang Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 1948 | 1986 |
| Number of branches across India | 17 | 2000 |
| Exchanges | NSE, BSE, MCX & MSEI | NSE, BSE, MCX, NCDEX and MCX–SX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹250 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹200 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹200 | ₹0 |
| Transaction Charges | LKP Securities Transaction Charges | Nirmal Bang Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.1% | 0.2% |
| Intraday Delivery | 0.01% | 0.02% |
| Equity Futures | 0.01% | 0.02% |
| Equity Options | ₹10 per lot | ₹35 per lot |
| Currency Futures | 0.007% | 0.02% |
| Currency Options | ₹10 per lot | ₹20 per lot |
| Commodity | 0.01% | 0.01% |
| Brokerage Calculator | LKP Securities Brokerage Calculator | Nirmal Bang Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday 4 times, Carry forward 1 time | Upto 4 times for Delivery, upto 10 times for Intraday |
| Equity Futures | Upto 2 times Intraday | Upto 4 times |
| Equity Options | Buying No Margin, Shorting upto 2 times for Intraday | No Margins for Buying, Upto 2 times for Shorting |
| Currency Futures | Upto 1.5 times Intraday | No Margins for Buying, Upto 2 times for Shorting |
| Currency Options | Upto 2 times Intraday | Upto 3 times |
| Commodities | Upto 2 times 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) | LKP Blue, Trade Smart LKP Mobile App, LKP Boss | ODIN Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
| Total BSE+NSE Complaints | 32 | 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 LKP Securities Vs Nirmal Bang for the benefits of other readers. Please feel free to share in the comments below.
Check out more comparisons here.
In case you are looking to open a Demat account, get started by entering basic details below:
Summary
Reviewer
A Digital Blogger
Date
Broker Name
LKP Securities Vs Nirmal Bang
Overall Rating
