Nirmal Bang vs AxisDirect

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

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

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Nirmal Bang

AxisDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Nirmal Bang Securities Pvt Ltd Axis Securities
Basic Plan Fixed Plan
Trading Account Opening Fee ₹0 ₹900
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹200 (First Year Free) ₹650
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Nirmal Bang Securities Pvt Ltd Axis Securities
Basic Plan Fixed Plan
Equity Delivery 0.20% 0.50%
Equity Intraday 0.02% 0.05%
Equity Future 0.02% 0.05%
Equity Options ₹35 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures 0.02% 0.05%
Currency Options ₹20 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Monthly Fee NA NA
Commodity 0.01% 0.03% (Each Leg)

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

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

Nirmal Bang Securities Pvt Ltd Axis Securities
Basic Plan Fixed Plan
Equity Delivery ₹390 NSE ₹325 | BSE ₹300
Equity Intraday ₹390 NSE ₹325 | BSE ₹300
Equity Future * ₹240 NSE ₹190 | BSE ₹300
Equity Options * ₹5700 NSE ₹5000 | BSE ₹300
Currency Futures * ₹240 ₹190
Currency Options ₹5700 ₹5000

Other Charges

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

Nirmal Bang Securities Pvt Ltd Axis Securities
Basic Plan Fixed Plan
Minimum Brokerage 0.2% ₹20 per executed order
Call & Trade Yes Rs 20 per call post 20th call per month
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.03% (₹15 minimum per transaction) 0.04% (minimum Rs 25 per instruction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Nirmal Bang Securities Pvt Ltd Axis Securities
Basic Plan Fixed Plan
Trading Platform ODIN Trading Terminal, Net Net Web, Beyond Mobile App DirectTrade, Swift Trade
Placing orders through charts - No
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes Yes
Unique features & Offers - Can trade in 32 exchanges through Saxo Trader
Referral Program - Rs.500 per referal

Demat Account Charges

Find charges for the best Demat Account for small investors

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

Nil

Nil

Advance Deposit

Life Time free AMC scheme

Individual Account: ₹1000 One time

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

Nil

AMC

₹200 from 2nd year

Retail Account:

Axis Bank Customer: ₹650 per year (1st year free). ₹2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.

Non-Axis Bank Customer: ₹250 per year (1st year free)

BSDA Account:

Nil for holding value till ₹50,000

₹100 per year for holding value from ₹50,001 to ₹2,00,000

Holding value above ₹2,00,000 tariff for Retail account will be applicable.

Corporate Account:

₹400 for Axis Bank clients + CDSL AMC of ₹500

₹600 for non-Axis Bank clients+ CDSL AMC of ₹500

Dematerialisation Charges

₹40 (For every 50 certificate)

Retail / BSDA Account: ₹5 per certificate subject to minimum of ₹50 per request, whichever is higher. ₹50 per request as courier charges for mutual fund Units.

Corporate Account: ₹2.50 per certificate subject to a minimum of the ₹50 per request.

Rematerialisation Charges

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

Retail / BSDA Account: ₹20 for every 100 securities or part thereof or ₹50 per request whichever is higher. ₹50 per instruction for mutual fund Units.

Corporate Account: ₹20 per certificate subject to minimum of ₹50 per request

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

₹25 or 0.03% whichever is higher

Retail Account: 0.04% of the value of the transaction (Min ₹25 per instruction) whichever is higher. ₹25 flat per instruction for mutual fund units.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. ₹50 flat per instruction for mutual fund units.

Corporate Account: 0.04% subject to minimum of ₹23 per instruction.

Pledge Creation Charges

₹100 or 0.02% whichever is higher

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Pledge Creation Confirmation Charges

Nil

Nil

Pledge Invocation Charges

₹100 or 0.02% whichever is higher

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Failed Instruction Charges

Nil

₹10 per Instruction

Other Charges -

Ad-hoc Statement - ₹100 per statement

Quarterly (Physical) statement

Retail Account - Nil

BSDA Account - ₹25 per statement

Account Modification Charges

Retail Account - Nil

BSDA Account - ₹100

DIS Booklet Charge

Retail Account - NIL

BSDA Account - ₹200 per booklet

Redemption of mutual fund units through DP - ₹25 per instruction

Basic Details

Basic Details of Brokers

Nirmal Bang Securities Pvt Ltd Axis Securities
Basic Plan Fixed Plan
Year of Incorporation 1986 2005
Active Exchange Memberships BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Demat Services CDSL & NSDL NSDL
Website www.nirmalbang.com https://simplehai.axisdirect.in
Contact Details +91-22-68207000 18002100808
Total Number of Clients 92,900 389,500+
Total Number of Branches 16 states 3000+

Charts and Data

Charts and Data

Nirmal Bang Securities Pvt Ltd Axis Securities
Basic Plan Fixed Plan
Live data source BSE, NSE NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup - -
No.of indicators - 40
No.of charts can be opened - -
Live Scanners Yes -
Customizable screeners Yes No
Trading from charts - No
Compare Symbol performance on Chart - No
Options charts - No
Continuous futures charts - No
Intraday historical data for charts Yes 1 year
End of Day historical data for charts Yes 15 years
Corporate action adjusted charts Yes No
Back Testing Yes No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics - Yes
Price Ladder - No

Leverage

Leverage

Nirmal Bang Securities Pvt Ltd Axis Securities
Basic Plan Fixed Plan
Equity Delivery - Nil
Equity Intraday - Upto 10x
Equity Futures - Nil
Equity Options - Nil
Currency Futures - NA
Currency Options - NA
Commodity Futures - 3x
Commodity Options - NA

Orders

Orders

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

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Nirmal Bang Securities Pvt Ltd Axis Securities
Basic Plan Fixed Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP ₹50,000 to ₹2,50,000 Rs.1,00,000 to Rs.3,00,000

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