Kotak Securities vs Nirmal Bang

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

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

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Kotak Securities

Nirmal Bang

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Basic Plan
Trading Account Opening Fee ₹750 ₹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

Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Basic Plan
Equity Delivery 0.49% 0.20%
Equity Intraday 0.049% 0.02%
Equity Future 0.049% 0.02%
Equity Options ₹300 ₹35 per lot
Currency Futures - 0.02%
Currency Options - ₹20 per lot
Monthly Fee NA NA
Commodity 0.07% 0.01%

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Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
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Transaction Charges (Per Crore)

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

Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Basic Plan
Equity Delivery ₹10,000 ₹390
Equity Intraday ₹2500 ₹390
Equity Future * ₹1000 ₹240
Equity Options * ₹5000(on Sell trade premium) or 12500 (on options) ₹5700
Currency Futures * NA ₹240
Currency Options NA ₹5700

Other Charges

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

Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Basic Plan
Minimum Brokerage 4 paise for delivery,
3 paise for intraday and futures orders
0.2%
Call & Trade ₹20 per call Yes
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% of transaction value (minimum Rs 27) 0.03% (₹15 minimum per transaction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Basic Plan
Trading Platform KEATProX, FASTLANE 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 Bloom TV on Keat Pro trading Platform -
Referral Program No -

Demat Account Charges

Find charges for the best Demat Account for small investors

Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Basic Plan
Depository Service Provider CDSL & CDSL CDSL & NSDL
Account Opening Fee

Nil

Nil

Advance Deposit

Nil

Life Time free AMC scheme

Individual Account: ₹1000 One time

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

AMC

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

₹200 from 2nd year

Dematerialisation Charges

₹3 per certificate plus ₹50 per request

₹40 (For every 50 certificate)

Rematerialisation Charges

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

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

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

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

₹25 or 0.03% whichever is higher

Pledge Creation Charges

0.05% of the value of securities Minimum ₹30

₹100 or 0.02% whichever is higher

Pledge Creation Confirmation Charges

0.05% of the value of securities Minimum ₹30

Nil

Pledge Invocation Charges

0.04% of the value of securities Minimum ₹30

₹100 or 0.02% whichever is higher

Failed Instruction Charges

Nil

Nil

Other Charges Charge for Client Master change intimation: ₹25/- -

Basic Details

Basic Details of Brokers

Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Basic Plan
Year of Incorporation 1994 1986
Active Exchange Memberships NSE, BSE,MCX BSE, NSE, MCX, NCDEX
Demat Services NSDL & CDSL CDSL & NSDL
Website http://www.kotaksecurities.com www.nirmalbang.com
Contact Details 1800222299 +91-22-68207000
Total Number of Clients 4,43,400+ 92,900
Total Number of Branches 1128+ 16 states

Charts and Data

Charts and Data

Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Basic Plan
Live data source NSE, BSE, MCX BSE, NSE
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes -
No.of indicators 30 -
No.of charts can be opened 5 -
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 5 days Yes
End of Day historical data for charts 5 days 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

Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Basic Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Basic Plan
Cover Orders (CO) Yes No
Bracket orders / One Cancels Other (BO / OCO) Yes No
After Market Orders (AMO) Yes No

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Basic Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Minimum deposit of Rs 3 lakh (negotiable) ₹50,000 to ₹2,50,000

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Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
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