Nirmal Bang vs ICICIDirect

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

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

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Nirmal Bang

ICICIDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

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

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

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

Contact Broker

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

Transaction Charges (Per Crore)

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

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

Other Charges

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

Nirmal Bang Securities Pvt Ltd ICICI Securities Pvt Ltd.
Basic Plan I-Saver Plan
Minimum Brokerage 0.2% ₹35 per trade
Call & Trade Yes Rs 25 per call (20 calls free in a 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% (Min ₹25 and Max ₹25,000)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Nirmal Bang Securities Pvt Ltd ICICI Securities Pvt Ltd.
Basic Plan I-Saver Plan
Trading Platform ODIN Trading Terminal, Net Net Web, Beyond Mobile App Trade Racer Web, Desktop, ICICI Direct 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

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

Nil

₹0

Advance Deposit

Life Time free AMC scheme

Individual Account: ₹1000 One time

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

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

AMC

₹200 from 2nd year

For Individual account: ₹500 p.a.

For Corporate account: ₹1500 p.a.

Dematerialisation Charges

₹40 (For every 50 certificate)

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

Rematerialisation Charges

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

₹25 + CDSL charges at actual

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

₹25 or 0.03% whichever is higher

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 )

Pledge Creation Charges

₹100 or 0.02% whichever is higher

0.02% or minimum of ₹50

Pledge Creation Confirmation Charges

Nil

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

Pledge Invocation Charges

₹100 or 0.02% whichever is higher

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

Failed Instruction Charges

Nil

₹30

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.

Basic Details

Basic Details of Brokers

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

Charts and Data

Charts and Data

Nirmal Bang Securities Pvt Ltd ICICI Securities Pvt Ltd.
Basic Plan I-Saver Plan
Live data source BSE, NSE NSE, BSE
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 Yes No
Trading from charts - No
Compare Symbol performance on Chart - No
Options charts - Yes
Continuous futures charts - Yes
Intraday historical data for charts Yes 20 days
End of Day historical data for charts Yes 10 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 ICICI Securities Pvt Ltd.
Basic Plan I-Saver Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - NA
Currency Options - NA
Commodity Futures - NA
Commodity Options - NA

Orders

Orders

Nirmal Bang Securities Pvt Ltd ICICI Securities Pvt Ltd.
Basic Plan I-Saver Plan
Cover Orders (CO) No Yes
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

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

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Nirmal Bang Securities Pvt Ltd ICICI Securities Pvt Ltd.
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