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

Here is a detailed comparison of IDBI Direct vs Nirmal Bang. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between IDBI Direct & 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.

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

Now let’s compare Nirmal BangIDBI Direct

Overview of IDBI Direct & Nirmal Bang

Overview IDBI Direct Nirmal Bang
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, Maharashtra Mumbai, India
Founder Gurudeo M. Yadwadkar & Rakesh Sethi Nirmal Bang
Established Year 2006 1986

IDBI Direct vs Nirmal Bang Customer Ratings Comparison

Customer Ratings IDBI Direct Nirmal Bang
Experience 6.2/10 6.5/10
Products & Services 6.0/10 6.2/10
Brokerage Charges & Fees 6.3/10 6.7/10
Stock Research & Advisory 6.1/10 6.0/10
Trading Platforms 6.0/10 6.5/10
Overall Ratings 6.1/10 6.4/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 157 355

IDBI Direct vs Nirmal Bang Demat Account Comparison

Demat Services IDBI Direct Nirmal Bang
Depository Source CDSL & NSDL CDSL
Account Opening Charges Free Zero
Demat AMC Charges Rs.350 per Annum Rs.200
Trading AMC Charges Free Free
Margin Money Rs.10,000 Minimum Rs.10,000
Offline to Online R R

Nirmal Bang vs IDBI Direct Brokerage Charges Comparison

Brokerage Charge & Fees IDBI Direct Nirmal Bang
Equity Delivery Trading 0.05% – 0.35% 0.20%
Equity Intraday Trading 0.01% – 0.04% 0.02%
Commodity Options Trading 0.01% – 0.04% NA
Equity Futures Trading 0.01% – 0.04% 0.02%
Equity Options Trading Rs.10 – Rs.60 per lot Rs.35 per Lot
Currency Futures Trading 0.01% – 0.04% 0.02%
Currency Options Trading Rs.10 – Rs.60 per lot Rs.20 per Lot
Minimum Brokerage Rs.20 per executed order Percentage of Transaction
Demat AMC Charges Rs.350 Rs.200
Trading AMC Charges Free Free
Margin Money Rs.10,000 Minimum Rs.10,000
Brokerage Calculator IDBI Direct Brokerage Calculator Nirmal Bang Brokerage Calculator

Nirmal Bang & IDBI Direct Other Charges Comparison

Other Charges IDBI Direct Nirmal Bang
Transaction Charges 0.00312% 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 & IDBI Direct Offers

Offers IDBI Direct 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 R R
1 Month Brokerage Free S S
Holiday Offers R R
Referral Offers S S
Zero Brokerage for Loss Making Trades S S

Compare Services of IDBI Direct vs Nirmal Bang

Services IDBI Direct Nirmal Bang
Demat Services R R
Trading Services R R
3 in 1 Acount 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 & IDBI Direct Research & Advisory

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

IDBI Direct vs Nirmal Bang Exposure/Leverage

Exposure / Leverage IDBI Direct Nirmal Bang
Equity Delivery Upto 3X Upto 3x
Equity Intraday Upto 15X Upto 10x
Equity Futures Upto 3X Upto 4x
Equity Options Upto 5X Upto 5x
Currency Futures Upto 2X Upto 3x
Currency Options Upto 2X Upto 2x
Commodities Upto 2X Upto 3x
Margin Calculator IDBI Direct Margin Calculator Nirmal Bang Margin Calculator

IDBI Direct vs Nirmal Bang Product Comparison

Products IDBI Direct 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 R S
Insurance S R

IDBI Direct vs Nirmal Bang Trading Platform Comparison

Trading Platforms IDBI Direct Nirmal Bang
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R 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 R R
Global Indices R R
Stock Tips S S
Personalized Advisory S S
Interactive Charts R R
Live Markets R R
SMS Alerts S S
Email Alerts R R
Multi Account Management S S

IDBI Direct vs Nirmal Bang Customer Support

Customer Support IDBI Direct Nirmal Bang
Dedicated Dealer R 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 225 50

IDBI Direct vs Nirmal Bang Customer Complaints

Complaints (Current Year) IDBI Direct Nirmal Bang
Lodged in BSE 46 64
Resolved in BSE 42 64
Lodged in NSE 65 91
Resolved in NSE 59 91

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

Idbi Direct vs Nj Wealth Nirmal Bang vs Arihant Capital
Idbi Direct vs Prabhudas Lilladher Nirmal Bang vs Astha Trade
Idbi Direct vs Profitmart Securities Nirmal Bang vs Fyers
Idbi Direct vs Sas Online Nirmal Bang vs Geojit Finance
Idbi Direct vs Shri Parasram Holdings Nirmal Bang vs Nj Wealth
Idbi Direct vs Shriram Insight Nirmal Bang vs Prabhudas Lilladher
Idbi Direct vs Smc Global Nirmal Bang vs Profitmart Securities
Idbi Direct vs Sushil Finance Nirmal Bang vs Shri Parasram Holdings
Idbi Direct vs Swastika Investmart Nirmal Bang vs Shriram Insight
Idbi Direct vs Tradebulls Securities Nirmal Bang vs Smc Global
Idbi Direct vs Way2Wealth Nirmal Bang vs Sushil Finance
Idbi Direct vs Yes Securities Paytm Money vs Nirmal Bang
Iifl vs Idbi Direct Reliance Securities vs Nirmal Bang
Karvy vs Idbi Direct Religare Securities vs Nirmal Bang
Kotak Securities vs Idbi Direct Samco vs Nirmal Bang
Motilal Oswal vs Idbi Direct Sas Online vs Nirmal Bang
Paytm Money vs Idbi Direct Sbi Cap Securities vs Nirmal Bang
Reliance Securities vs Idbi Direct Sharekhan vs Nirmal Bang
Religare Securities vs Idbi Direct Swastika Investmart vs Nirmal Bang
Samco vs Idbi Direct Tradebulls Securities vs Nirmal Bang
Sbi Cap Securities vs Idbi Direct Upstox vs Nirmal Bang
Sharekhan vs Idbi Direct Ventura Securities vs Nirmal Bang
Upstox vs Idbi Direct Way2Wealth vs Nirmal Bang
Ventura Securities vs Idbi Direct Yes Securities vs Nirmal Bang
Zerodha vs Idbi Direct Zerodha vs Nirmal Bang

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