Axis Direct vs Nirmal Bang – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Axis Direct vs Nirmal Bang. Axis Direct is the only banking broker known to offer great deals to its clients like happy hour trading, free demat account & more. While Nirmal Bang is a non-banking, full service broker and has made its reputation for a long run. This comparison between Axis Direct & Nirmal Bang is a neck to neck affair.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Axis Direct vs Nirmal Bang

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers

This Axis Direct & Nirmal Bang comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare Nirmal Bang & Axis Direct

Overview of Axis Direct & Nirmal Bang

Overview Axis Direct Nirmal Bang
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, India
Founder Arun Thukral Nirmal Bang
Established Year 2011 1986

Axis Direct vs Nirmal Bang Customer Ratings Comparison

Customer Ratings Axis Direct Nirmal Bang
Experience 6.2/10 6.5/10
Products & Services 6.5/10 6.2/10
Brokerage Charges & Fees 6.2/10 6.7/10
Stock Research & Advisory 6.3/10 6.0/10
Trading Platforms 6.3/10 6.5/10
Overall Ratings 6.3/10 6.4/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 879 355

Axis Direct vs Nirmal Bang Demat Account Comparison

Demat Services Axis Direct Nirmal Bang
Depository Source CDSL & NSDL CDSL
Account Opening Charges Rs.999 Zero
Demat AMC Charges Rs.650 per annum Rs.200
Trading AMC Charges Free Free
Margin Money Rs.25,000 Minimum Rs.10,000
Offline to Online S R

Nirmal Bang vs Axis Direct Brokerage Charges Comparison

Brokerage Charge & Fees Axis Direct Nirmal Bang
Equity Delivery Trading 0.20% – 0.60% 0.20%
Equity Intraday Trading 0.03% – 0.05% 0.02%
Commodity Options Trading NA NA
Equity Futures Trading 0.03% – 0.05% 0.02%
Equity Options Trading Rs.10 per lot Rs.35 per Lot
Currency Futures Trading 0.03% – 0.05% 0.02%
Currency Options Trading Rs.10 per lot Rs.20 per Lot
Minimum Brokerage Percentage of Transaction Percentage of Transaction
Demat AMC Charges Rs.650 per Annum Rs.200
Trading AMC Charges Free Free
Margin Money Rs.25,000 Minimum Rs.10,000
Brokerage Calculator Axis Direct Brokerage Calculator Nirmal Bang Brokerage Calculator

Nirmal Bang & Axis Direct Other Charges Comparison

Other Charges Axis Direct Nirmal Bang
Transaction Charges 0.00325% of Total Turnover 0.00390% of Total Turnover
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare Nirmal Bang & Axis Direct Offers

Offers Axis Direct Nirmal Bang
Free Demat Account S R
Free Trading Account S R
Discount on Brokerage S R
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free S S
Holiday Offers S R
Referral Offers S S
Zero Brokerage for Loss Making Trades S S

Compare Services of Axis Direct vs Nirmal Bang

Services Axis Direct Nirmal Bang
Demat Services R R
Trading Services R R
3 in 1 Account R S
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory S S
Trading Institution S S
Trading Exposure Upto 15x Upto 10x

Compare Nirmal Bang & Axis Direct Research & Advisory

Research & Advisory Axis Direct Nirmal Bang
Fundamental Reports R S
Research Reports R R
Company Reports R S
Annual Reports R S
Company Stock Review R S
Free Stock Tips S R
IPO Reports R R
Top Picks R R
Daily Market Review S R
Monthly Reports R S
Weekly Reports R S
Offline Advisory R R
Relationship Manager R R

Axis Direct vs Nirmal Bang Exposure/Leverage

Exposure / Leverage Axis Direct Nirmal Bang
Equity Delivery Upto 10x Upto 3x
Equity Intraday Upto 15x Upto 10x
Equity Futures Upto 12x Upto 4x
Equity Options Upto 12x Upto 5x
Currency Futures Upto 7x Upto 3x
Currency Options Upto 8x Upto 2x
Commodities NA Upto 3x
Margin Calculator Axis Direct Margin Calculator Nirmal Bang Margin Calculator

Axis Direct vs Nirmal Bang Product Comparison

Products Axis Direct Nirmal Bang
Equity Trading R R
Commodity Trading S R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex R R
Banking R S
Insurance R R

Axis Direct vs Nirmal Bang Trading Platform Comparison

Trading Platforms Axis Direct Nirmal Bang
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform R S
Android App Platform R R
iOS App Platform R S
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R S
Easy Installation R R
Global Indices R R
Stock Tips R S
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R S
Email Alerts R R
Multi Account Management R S

Axis Direct vs Nirmal Bang Customer Support

Customer Support Axis Direct Nirmal Bang
Dedicated Dealer R R
Offline Trading R R
Online Trading R R
24*7 Support R S
Email Support R S
Chat Support S S
Toll Free Number 1800 210 0808 S
Branches 186 50

Axis Direct vs Nirmal Bang Customer Complaints

Complaints (Current Year) Axis Direct Nirmal Bang
Lodged in BSE 129 64
Resolved in BSE 115 64
Lodged in NSE 189 91
Resolved in NSE 165 91

Compare Axis Direct with other Brokers & Nirmal Bang with other Brokers

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