Nirmal Bang Vs Shriram Insight – Share Brokers Comparison
Nirmal Bang Vs Shriram Insight
Here is a point by point comparison of Nirmal Bang Vs Shriram Insight. 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.Ā Shriram Insight, is a full service stock broker with a presence in around 700 different locations across India. The broker provides free account opening with reasonable brokerage rates but the quality of its service and research can be improved.
Full service brokers such as Nirmal Bang or Shriram Insight 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 Nirmal Bang Vs Shriram Insight 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
Shriram Insight Review | Nirmal Bang Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1974 | 1986 |
Number of branches across India | 700 | 2000 |
Exchanges | NSE, BSE, MCX, RCL | NSE, BSE, MCX, NCDEX and MCXāSX |
ACCOUNT CHARGES | ||
Trading Account Opening Chargesļ»æ | ā¹0 | ā¹0 |
Trading Account Annual Maintenance Charges | ā¹0 | ā¹200 |
Demat Account Opening Charges | ā¹290 | ā¹0 |
Demat Account Annual Maintenance Charges | ā¹0 | ā¹0 |
Transaction Charges | Shriram Insights 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 | ā¹50 per contract | ā¹35 per lot |
Currency Futures | 0.03% | 0.02% |
Currency Options | ā¹50 per contract | ā¹20 per lot |
Commodity | 0.03% | 0.01% |
Brokerage Calculator | Shriram Insight Brokerage Calculator | Nirmal Bang Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Intraday upto 2 times | Upto 4 times for Delivery, upto 10 times for Intraday |
Equity Futures | Same as margin | Upto 4 times |
Equity Options | Same as margin | No Margins for Buying, Upto 2 times for Shorting |
Currency Futures | Same as margin | No Margins for Buying, Upto 2 times for Shorting |
Currency Options | Same as margin | Upto 3 times |
Commodities | Same as margin | 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) | NetPro Desktop, NetPro Browser, Mobile App | ODIN Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
Total BSE+NSE Complaints Percentage | 0.05% | 0.12% |
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 Nirmal Bang Vs Shriram Insight for the benefits of other readers. Please feel free to share in the comments below.
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