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

Here is a detailed comparison of Upstox vs Nirmal Bang. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Upstox & 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.Upstox 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 Upstox & Nirmal Bang comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare Nirmal Bang & Upstox

Overview of Upstox & Nirmal Bang

OverviewUpstoxNirmal Bang
Company TypePrivatePrivate
Broker TypeDiscount BrokerFull Service Broker
HeadquartersMumbai, IndiaMumbai, India
FounderRaghu Kumar, Ravi Kumar & Shrinivas VishvanathNirmal Bang
Established Year20091986

Upstox vs Nirmal Bang Customer Ratings Comparison

Customer RatingsUpstoxNirmal Bang
Products & Services6.5/106.2/10
Brokerage Charges & Fees9.5/106.7/10
Stock Research & Advisory3.0/106.0/10
Trading Platforms6.5/106.5/10
Overall Ratings6.2/106.4/10
Star Ratings★★★☆☆★★★☆☆
Total Client Reviews598355

Upstox vs Nirmal Bang Demat Account Comparison

Demat ServicesUpstoxNirmal Bang
Depository SourceCDSLCDSL
Account Opening ChargesRs.150Zero
Demat AMC ChargesRs.150 per AnnumRs.200
Trading AMC ChargesFreeFree
Margin MoneyZeroMinimum Rs.10,000
Offline to OnlineSR

Nirmal Bang vs Upstox Brokerage Charges Comparison

Brokerage Charge & FeesUpstoxNirmal Bang
Equity Delivery TradingZero0.20%
Equity Intraday TradingRs.200.02%
Commodity Options TradingRs.20NA
Equity Futures TradingRs.200.02%
Equity Options TradingRs.20 per lotRs.35 per Lot
Currency Futures TradingRs.200.02%
Currency Options TradingRs.20 per lotRs.20 per Lot
Minimum BrokerageRs.20Percentage of Transaction
Demat AMC ChargesRs.150 per annumRs.200
Trading AMC ChargesFreeFree
Margin MoneyZeroMinimum Rs.10,000
Brokerage CalculatorUpstox Brokerage CalculatorNirmal Bang Brokerage Calculator

Nirmal Bang & Upstox Other Charges Comparison

Other ChargesUpstoxNirmal Bang
Transaction Charges0.00275% 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 & Upstox Offers

OffersUpstoxNirmal Bang
Free Demat AccountSR
Free Trading AccountRR
Discount on BrokerageRR
Trading Happy HoursSS
Flexible Brokerage PlansSR
1 Month Brokerage FreeSS
Holiday OffersSR
Referral OffersSS
Zero Brokerage for Loss Making TradesSS

Compare Services of Upstox vs Nirmal Bang

ServicesUpstoxNirmal Bang
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountSS
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsSR
Robo AdvisoryRS
Trading InstitutionSS
Trading ExposureUpto 20xUpto 10x

Compare Nirmal Bang & Upstox Research & Advisory

Research & AdvisoryUpstoxNirmal Bang
Fundamental ReportsSS
Research ReportsSR
Company ReportsSS
Annual ReportsSS
Company Stock ReviewSS
Free Stock TipsSR
IPO ReportsSR
Top PicksSR
Daily Market ReviewSR
Monthly ReportsSS
Weekly ReportsSS
Offline AdvisorySR
Relationship ManagerSR

Upstox vs Nirmal Bang Exposure/Leverage

Exposure / LeverageUpstoxNirmal Bang
Equity DeliveryUpto 5xUpto 3x
Equity IntradayUpto 20xUpto 10x
Equity FuturesUpto 7xUpto 4x
Equity OptionsUpto 8xUpto 5x
Currency FuturesUpto 5xUpto 3x
Currency OptionsUpto 6xUpto 2x
CommoditiesUpto 7xUpto 3x
Margin CalculatorUpstox Margin CalculatorNirmal Bang Margin Calculator

Upstox vs Nirmal Bang Product Comparison

ProductsUpstoxNirmal Bang
Equity TradingRR
Commodity TradingNoR
Currency TradingRR
Mutual FundsSR

Upstox vs Nirmal Bang Trading Platform Comparison

Trading PlatformsUpstoxNirmal Bang
Desktop Platform – WindowsRR
Desktop Platform – MacRR
Desktop Browser PlatformRR
Mobile Site PlatformRS
Android App PlatformRR
iOS App PlatformRS
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRR
Research ReportsRS
Easy InstallationRR
Global IndicesRR
Stock TipsRS
Personalized AdvisoryRS
Interactive ChartsRR
Live MarketsRR
SMS AlertsRS
Email AlertsRR
Multi Account ManagementRS

Upstox vs Nirmal Bang Customer Support

Customer SupportUpstoxNirmal Bang
Dedicated DealerSR
Offline TradingSR
Online TradingRR
24*7 SupportSS
Email SupportRS
Chat SupportSS
Toll Free NumberSS

Upstox vs Nirmal Bang Customer Complaints

Complaints (Current Year)UpstoxNirmal Bang
Lodged in BSE18564
Resolved in BSE12664
Lodged in NSE17591
Resolved in NSE13991

Compare Upstox with other Brokers & Nirmal Bang with other Brokers

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Upstox vs Shriram InsightKarvy vs Nirmal Bang
Upstox vs Smc GlobalKifs Trade vs Nirmal Bang
Upstox vs Sushil FinanceKotak Securities vs Nirmal Bang
Upstox vs Swastika InvestmartLkp Securities vs Nirmal Bang
Upstox vs Tradebulls SecuritiesMastertrust Capital vs Nirmal Bang
Upstox vs Ventura SecuritiesMonarch Networth Capital vs Nirmal Bang
Upstox vs Way2WealthMotilal Oswal vs Nirmal Bang
Upstox vs Yes SecuritiesNirmal Bang vs Aditya Birla Money
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