ICICIDirect vs Nirmal Bang

ICICIDirect vs Nirmal Bang - side-by-side comparison . Compare ICICIDirect vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read ICICIDirect vs Nirmal Bang review.

Detailed comparison ICICIDirect vs Nirmal Bang and find out which is better in ICICIDirect vs Nirmal Bang .

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ICICIDirect

Nirmal Bang

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
I-Saver Plan Basic Plan
Trading Account Opening Fee ₹975 ₹0
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹600 ₹200 (First Year Free)
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
I-Saver Plan Basic Plan
Equity Delivery 0.75% to 0.25% 0.20%
Equity Intraday 0.75% to 0.25% 0.02%
Equity Future 0.05% to 0.03% 0.02%
Equity Options ₹95 to ₹65 per lot ₹35 per lot
Currency Futures 0.05% to 0.03% 0.02%
Currency Options 0.25 to ₹65 per lot ₹20 per lot
Monthly Fee NA NA
Commodity NA 0.01%

Contact Broker

Request Call Back

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
Contact / Request Call Back

Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
I-Saver Plan Basic Plan
Equity Delivery NSE ₹310 | BSE ₹280 ₹390
Equity Intraday NSE ₹310 | BSE ₹280 ₹390
Equity Future * ₹180 ₹240
Equity Options * ₹5000 ₹5700
Currency Futures * ₹120 ₹240
Currency Options ₹5000 ₹5700

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
I-Saver Plan Basic Plan
Minimum Brokerage ₹35 per trade 0.2%
Call & Trade Rs 25 per call (20 calls free in a month) Yes
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% (Min ₹25 and Max ₹25,000) 0.03% (₹15 minimum per transaction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
I-Saver Plan Basic Plan
Trading Platform Trade Racer Web, Desktop, ICICI Direct Mobile App ODIN Trading Terminal, Net Net Web, Beyond Mobile App
Placing orders through charts No -
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes Yes
Unique features & Offers Bullet Trading, Can trade in 32 exchanges through Saxo Trader -
Referral Program No -

Demat Account Charges

Find charges for the best Demat Account for small investors

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
I-Saver Plan Basic Plan
Depository Service Provider CDSL and NSDL CDSL & NSDL
Account Opening Fee

₹0

Nil

Advance Deposit

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Life Time free AMC scheme

Individual Account: ₹1000 One time

Corporate Account: ₹2500 One time + ₹500 CDSL AMC (Per Year)

AMC

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

₹200 from 2nd year

Dematerialisation Charges

₹50 Per Demat Request Form and ₹3 For Each Certificates

₹40 (For every 50 certificate)

Rematerialisation Charges

₹25 + CDSL charges at actual

₹15 per certificate or 0.04% of the value of the securities requested for remat whichever is higher

Transaction Charges (Credit) - -
Transaction Charges (debit)

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹500 )

₹25 or 0.03% whichever is higher

Pledge Creation Charges

0.02% or minimum of ₹50

₹100 or 0.02% whichever is higher

Pledge Creation Confirmation Charges

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

Nil

Pledge Invocation Charges

If, ICICI Bank is counterparty: 0.02% or minimum of ₹35; If, ICICI Bank is not counterparty: 0.04% or minimum of ₹35

₹100 or 0.02% whichever is higher

Failed Instruction Charges

₹30

Nil

Other Charges

1. Mailing charges for non periodic statements and other communication, ₹50 for inland and ₹500.0 for foreign address.

2. ₹200 for restoring services if account is suspended for non payment of charges.

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Basic Details

Basic Details of Brokers

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
I-Saver Plan Basic Plan
Year of Incorporation 1995 1986
Active Exchange Memberships NSE, BSE BSE, NSE, MCX, NCDEX
Demat Services NSDL & CDSL CDSL & NSDL
Website http://www.icicidirect.com www.nirmalbang.com
Contact Details 020-28307700 +91-22-68207000
Total Number of Clients 8,78,884 92,900
Total Number of Branches 200+ 16 states

Charts and Data

Charts and Data

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
I-Saver Plan Basic Plan
Live data source NSE, BSE BSE, NSE
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes -
No.of indicators 82 -
No.of charts can be opened 6 -
Live Scanners Yes Yes
Customizable screeners No Yes
Trading from charts No -
Compare Symbol performance on Chart No -
Options charts Yes -
Continuous futures charts Yes -
Intraday historical data for charts 20 days Yes
End of Day historical data for charts 10 years Yes
Corporate action adjusted charts No Yes
Back Testing No Yes
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics Yes -
Price Ladder No -

Leverage

Leverage

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
I-Saver Plan Basic Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures NA -
Currency Options NA -
Commodity Futures NA -
Commodity Options NA -

Orders

Orders

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
I-Saver Plan Basic Plan
Cover Orders (CO) Yes No
Bracket orders / One Cancels Other (BO / OCO) No No
After Market Orders (AMO) No No

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
I-Saver Plan Basic Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.25,000 to Rs.2,00,000 ₹50,000 to ₹2,50,000

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ICICI Securities Pvt Ltd. Nirmal Bang Securities Pvt Ltd
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