Here is a detailed comparison of Choice Broking vs Nirmal Bang. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Choice Broking & Nirmal Bang will help you choose a better company that will fulfill the requirements for trading and investment purposes.
Both of these Stock Broking companies are providing wide range of products and services to the investors.
Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.
This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.
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 Choice Broking & Nirmal Bang comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s compare Choice Broking & Nirmal Bang
Overview of Choice Broking & Nirmal Bang |
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| Overview | Choice Broking | Nirmal Bang |
| Company Type | Private | Private |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, Maharashtra | Mumbai, India |
| Founder | Kamal Poddar | Nirmal Bang |
| Established Year | 1992 | 1986 |
Choice Broking vs Nirmal Bang Customer Ratings Comparison |
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| Customer Ratings | Choice Broking | Nirmal Bang |
| Experience | 5.8/10 | 6.5/10 |
| Products & Services | 6.8/10 | 6.2/10 |
| Brokerage Charges & Fees | 6.2/10 | 6.7/10 |
| Stock Research & Advisory | 6.6/10 | 6.0/10 |
| Trading Platforms | 5.8/10 | 6.5/10 |
| Overall Ratings | 6.4/10 | 6.4/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
| Total Client Reviews | 152 | 355 |
Choice Broking vs Nirmal Bang Demat Account Comparison |
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| Demat Services | Choice Broking | Nirmal Bang |
| Depository Source | CDSL & NSDL | CDSL |
| Account Opening Charges | Rs.250 | Zero |
| Demat AMC Charges | Free | Rs.200 |
| Trading AMC Charges | Free | Free |
| Margin Money | Minimum Rs.5,000 | Minimum Rs.10,000 |
| Offline to Online | R | R |
Nirmal Bang vs Choice Broking Brokerage Charges Comparison |
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| Brokerage Charge & Fees | Choice Broking | Nirmal Bang |
| Equity Delivery Trading | 0.33% | 0.20% |
| Equity Intraday Trading | 0.03% | 0.02% |
| Commodity Options Trading | 0.03% | NA |
| Equity Futures Trading | 0.03% | 0.02% |
| Equity Options Trading | Rs.20 per Lot | Rs.35 per Lot |
| Currency Futures Trading | 0.03% | 0.02% |
| Currency Options Trading | Rs.30 per Lot | Rs.20 per Lot |
| Minimum Brokerage | Percentage of Transaction | Percentage of Transaction |
| Demat AMC Charges | Free | Rs.200 |
| Trading AMC Charges | Free | Free |
| Margin Money | Minimum Rs.5,000 | Minimum Rs.10,000 |
| Brokerage Calculator | Choice Broking Brokerage Calculator | Nirmal Bang Brokerage Calculator |
Nirmal Bang & Choice Broking Other Charges Comparison |
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| Other Charges | Choice Broking | Nirmal Bang |
| Transaction Charges | 0.0000285 | 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 & Choice Broking Offers |
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| Offers | Choice Broking | Nirmal Bang |
| Free Demat Account | R | R |
| Free Trading Account | R | R |
| Discount on Brokerage | R | R |
| Trading Happy Hours | S | S |
| Flexible Brokerage Plans | S | R |
| 1 Month Brokerage Free | R | S |
| Holiday Offers | S | R |
| Referral Offers | R | S |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of Choice Broking vs Nirmal Bang |
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| Services | Choice Broking | Nirmal Bang |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Account | S | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | S | R |
| Robo Advisory | S | S |
| PMS | S | R |
| Trading Institution | S | S |
| Trading Exposure | Upto 5X | Upto 10x |
Compare Nirmal Bang & Choice Broking Research & Advisory |
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| Research & Advisory | Choice Broking | Nirmal Bang |
| Fundamental Reports | S | S |
| Research Reports | S | R |
| Company Reports | S | S |
| Annual Reports | S | S |
| Company Stock Review | S | S |
| Free Stock Tips | R | R |
| IPO Reports | R | R |
| Top Picks | R | R |
| Daily Market Review | R | R |
| Monthly Reports | R | S |
| Weekly Reports | R | S |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
Choice Broking vs Nirmal Bang Exposure/Leverage |
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| Exposure / Leverage | Choice Broking | Nirmal Bang |
| Equity Delivery | Upto 3X | Upto 3x |
| Equity Intraday | Upto 5X | Upto 10x |
| Equity Futures | Upto 1X | Upto 4x |
| Equity Options | Upto 5X | Upto 5x |
| Currency Futures | Upto 2X | Upto 3x |
| Currency Options | Upto 6X | Upto 2x |
| Commodities | Upto 1X | Upto 3x |
| Margin Calculator | Choice Broking Margin Calculator | Nirmal Bang Margin Calculator |
Choice Broking vs Nirmal Bang Product Comparison |
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| Products | Choice Broking | Nirmal Bang |
| Equity Trading | R | R |
| Commodity Trading | R | R |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | S | R |
| Banking | S | S |
| SIP | R | R |
| Insurance | R | R |
Choice Broking vs Nirmal Bang Trading Platform Comparison |
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| Trading Platforms | Choice Broking | Nirmal Bang |
| Desktop Platform – Windows | R | R |
| Desktop Platform – Mac | R | R |
| Desktop Browser Platform | S | R |
| Mobile Site Platform | S | 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 | S | S |
| Easy Installation | S | R |
| Global Indices | R | R |
| Stock Tips | R | S |
| Personalized Advisory | S | S |
| Interactive Charts | S | R |
| Live Markets | R | R |
| SMS Alerts | S | S |
| Email Alerts | R | R |
| Multi Account Management | S | S |
Choice Broking vs Nirmal Bang Customer Support |
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| Customer Support | Choice Broking | Nirmal Bang |
| Dedicated Dealer | S | R |
| Offline Trading | R | R |
| Online Trading | R | R |
| 24*7 Support | S | S |
| Email Support | R | S |
| Chat Support | S | S |
| Toll Free Number | S | S |
| Branches | 480 | 50 |
Choice Broking vs Nirmal Bang Customer Complaints |
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| Complaints (Current Year) | Choice Broking | Nirmal Bang |
| Lodged in BSE | 2 | 64 |
| Resolved in BSE | 2 | 64 |
| Lodged in NSE | 15 | 91 |
| Resolved in NSE | 15 | 91 |
Compare Choice Broking with other Brokers & Nirmal Bang with other Brokers
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