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

OverviewIDBI DirectNirmal Bang
Company TypePrivatePrivate
Broker TypeFull Service BrokerFull Service Broker
HeadquartersMumbai, MaharashtraMumbai, India
FounderGurudeo M. Yadwadkar & Rakesh SethiNirmal Bang
Established Year20061986

IDBI Direct vs Nirmal Bang Customer Ratings Comparison

Customer RatingsIDBI DirectNirmal Bang
Products & Services6.0/106.2/10
Brokerage Charges & Fees6.3/106.7/10
Stock Research & Advisory6.1/106.0/10
Trading Platforms6.0/106.5/10
Overall Ratings6.1/106.4/10
Star Ratings★★★☆☆★★★☆☆
Total Client Reviews157355

IDBI Direct vs Nirmal Bang Demat Account Comparison

Demat ServicesIDBI DirectNirmal Bang
Depository SourceCDSL & NSDLCDSL
Account Opening ChargesFreeZero
Demat AMC ChargesRs.350 per AnnumRs.200
Trading AMC ChargesFreeFree
Margin MoneyRs.10,000Minimum Rs.10,000
Offline to OnlineRR

Nirmal Bang vs IDBI Direct Brokerage Charges Comparison

Brokerage Charge & FeesIDBI DirectNirmal Bang
Equity Delivery Trading0.05% – 0.35%0.20%
Equity Intraday Trading0.01% – 0.04%0.02%
Commodity Options Trading0.01% – 0.04%NA
Equity Futures Trading0.01% – 0.04%0.02%
Equity Options TradingRs.10 – Rs.60 per lotRs.35 per Lot
Currency Futures Trading0.01% – 0.04%0.02%
Currency Options TradingRs.10 – Rs.60 per lotRs.20 per Lot
Minimum BrokerageRs.20 per executed orderPercentage of Transaction
Demat AMC ChargesRs.350Rs.200
Trading AMC ChargesFreeFree
Margin MoneyRs.10,000Minimum Rs.10,000
Brokerage CalculatorIDBI Direct Brokerage CalculatorNirmal Bang Brokerage Calculator

Nirmal Bang & IDBI Direct Other Charges Comparison

Other ChargesIDBI DirectNirmal Bang
Transaction Charges0.00312% of Total Turnover0.00390% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Compare Nirmal Bang & IDBI Direct Offers

OffersIDBI DirectNirmal Bang
Free Demat AccountRR
Free Trading AccountRR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansRR
1 Month Brokerage FreeSS
Holiday OffersRR
Referral OffersSS
Zero Brokerage for Loss Making TradesSS

Compare Services of IDBI Direct vs Nirmal Bang

ServicesIDBI DirectNirmal Bang
Demat ServicesRR
Trading ServicesRR
3 in 1 AcountRS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsRR
Robo AdvisorySS
Trading InstitutionSS
Trading ExposureUpto 15XUpto 10x

Compare Nirmal Bang & IDBI Direct Research & Advisory

Research & AdvisoryIDBI DirectNirmal Bang
Fundamental ReportsRS
Research ReportsRR
Company ReportsSS
Annual ReportsSS
Company Stock ReviewRS
Free Stock TipsRR
IPO ReportsRR
Top PicksRR
Daily Market ReviewRR
Monthly ReportsSS
Weekly ReportsRS
Offline AdvisoryRR
Relationship ManagerRR

IDBI Direct vs Nirmal Bang Exposure/Leverage

Exposure / LeverageIDBI DirectNirmal Bang
Equity DeliveryUpto 3XUpto 3x
Equity IntradayUpto 15XUpto 10x
Equity FuturesUpto 3XUpto 4x
Equity OptionsUpto 5XUpto 5x
Currency FuturesUpto 2XUpto 3x
Currency OptionsUpto 2XUpto 2x
CommoditiesUpto 2XUpto 3x
Margin CalculatorIDBI Direct Margin CalculatorNirmal Bang Margin Calculator

IDBI Direct vs Nirmal Bang Product Comparison

ProductsIDBI DirectNirmal Bang
Equity TradingRR
Commodity TradingRR
Currency TradingRR
Mutual FundsRR

IDBI Direct vs Nirmal Bang Trading Platform Comparison

Trading PlatformsIDBI DirectNirmal Bang
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformSS
Android App PlatformRR
iOS App PlatformRS
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsSS
Easy InstallationRR
Global IndicesRR
Stock TipsSS
Personalized AdvisorySS
Interactive ChartsRR
Live MarketsRR
SMS AlertsSS
Email AlertsRR
Multi Account ManagementSS

IDBI Direct vs Nirmal Bang Customer Support

Customer SupportIDBI DirectNirmal Bang
Dedicated DealerRR
Offline TradingRR
Online TradingRR
24*7 SupportSS
Email SupportRS
Chat SupportSS
Toll Free NumberSS

IDBI Direct vs Nirmal Bang Customer Complaints

Complaints (Current Year)IDBI DirectNirmal Bang
Lodged in BSE4664
Resolved in BSE4264
Lodged in NSE6591
Resolved in NSE5991

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

Idbi Direct vs Nj WealthNirmal Bang vs Arihant Capital
Idbi Direct vs Prabhudas LilladherNirmal Bang vs Astha Trade
Idbi Direct vs Profitmart SecuritiesNirmal Bang vs Fyers
Idbi Direct vs Sas OnlineNirmal Bang vs Geojit Finance
Idbi Direct vs Shri Parasram HoldingsNirmal Bang vs Nj Wealth
Idbi Direct vs Shriram InsightNirmal Bang vs Prabhudas Lilladher
Idbi Direct vs Smc GlobalNirmal Bang vs Profitmart Securities
Idbi Direct vs Sushil FinanceNirmal Bang vs Shri Parasram Holdings
Idbi Direct vs Swastika InvestmartNirmal Bang vs Shriram Insight
Idbi Direct vs Tradebulls SecuritiesNirmal Bang vs Smc Global
Idbi Direct vs Way2WealthNirmal Bang vs Sushil Finance
Idbi Direct vs Yes SecuritiesPaytm Money vs Nirmal Bang
Iifl vs Idbi DirectReliance Securities vs Nirmal Bang
Karvy vs Idbi DirectReligare Securities vs Nirmal Bang
Kotak Securities vs Idbi DirectSamco vs Nirmal Bang
Motilal Oswal vs Idbi DirectSas Online vs Nirmal Bang
Paytm Money vs Idbi DirectSbi Cap Securities vs Nirmal Bang
Reliance Securities vs Idbi DirectSharekhan vs Nirmal Bang
Religare Securities vs Idbi DirectSwastika Investmart vs Nirmal Bang
Samco vs Idbi DirectTradebulls Securities vs Nirmal Bang
Sbi Cap Securities vs Idbi DirectUpstox vs Nirmal Bang
Sharekhan vs Idbi DirectVentura Securities vs Nirmal Bang
Upstox vs Idbi DirectWay2Wealth vs Nirmal Bang
Ventura Securities vs Idbi DirectYes Securities vs Nirmal Bang
Zerodha vs Idbi DirectZerodha vs Nirmal Bang

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