Nirmal Bang vs RKSV Upstox

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

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

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Nirmal Bang

RKSV Upstox

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Nirmal Bang Securities Pvt Ltd RKSV Securities Ltd
Basic Plan Standard Plan
Trading Account Opening Fee ₹0 ₹150
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹200 (First Year Free) ₹150
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Nirmal Bang Securities Pvt Ltd RKSV Securities Ltd
Basic Plan Standard Plan
Equity Delivery 0.20% ₹0
Equity Intraday 0.02% ₹20
Equity Future 0.02% ₹20
Equity Options ₹35 per lot ₹20
Currency Futures 0.02% ₹20
Currency Options ₹20 per lot ₹20
Monthly Fee NA NA
Commodity 0.01% ₹20

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

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

Nirmal Bang Securities Pvt Ltd RKSV Securities Ltd
Basic Plan Standard Plan
Equity Delivery ₹390 NSE ₹325 | BSE ₹275
Equity Intraday ₹390 NSE ₹325 | BSE ₹275
Equity Future * ₹240 NSE ₹210
Equity Options * ₹5700 NSE ₹5500
Currency Futures * ₹240 ₹150
Currency Options ₹5700 ₹6000

Other Charges

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

Nirmal Bang Securities Pvt Ltd RKSV Securities Ltd
Basic Plan Standard Plan
Minimum Brokerage 0.2% ₹20
Call & Trade Yes ₹20 per trade
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) ₹15 per debit instruction + depository charges at actual
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Nirmal Bang Securities Pvt Ltd RKSV Securities Ltd
Basic Plan Standard Plan
Trading Platform ODIN Trading Terminal, Net Net Web, Beyond Mobile App Upstox Mobile, Upstox Web, NEST Trading Terminal
Placing orders through charts - Yes
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes No
Detailed Education Initiatives Yes No
Unique features & Offers - Option strategy builder
Referral Program - Rs.300 when the referal opens an account and 10% brokerage sharing

Demat Account Charges

Find charges for the best Demat Account for small investors

Nirmal Bang Securities Pvt Ltd RKSV Securities Ltd
Basic Plan Standard 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

₹150

Dematerialisation Charges

₹40 (For every 50 certificate)

₹2 per certificate plus courier charges of ₹35 per demat request

Rematerialisation Charges

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

₹25 per certificate or 0.05% of the value whichever is higher.

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

₹25 or 0.03% whichever is higher

₹13 plus ₹5.50 (CDSL charges) per scrip.

Pledge Creation Charges

₹100 or 0.02% whichever is higher

0.02% of the transaction charges subject to a minimum of ₹50 plus NSDL / CDSL charges at actual.

Pledge Creation Confirmation Charges

Nil

0.02% of the transaction charges subject to a minimum of ₹50 plus NSDL / CDSL charges at actual.

Pledge Invocation Charges

₹100 or 0.02% whichever is higher

0.05% of the transaction charges subject to a minimum of ₹50

Failed Instruction Charges

Nil

₹50 per transaction

Other Charges -

Demat Rejection Charges: ₹35 per rejection for every 500 gms.

Adhoc / Non periodic statement requests: ₹25 (₹500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at ₹10 plus courier / postage charges.

Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.

Basic Details

Basic Details of Brokers

Nirmal Bang Securities Pvt Ltd RKSV Securities Ltd
Basic Plan Standard Plan
Year of Incorporation 1986 2012
Active Exchange Memberships BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Demat Services CDSL & NSDL NSDL & CDSL
Website www.nirmalbang.com http://www.upstox.com
Contact Details +91-22-68207000 022-61309999
Total Number of Clients 92,900 34,000+
Total Number of Branches 16 states 4

Charts and Data

Charts and Data

Nirmal Bang Securities Pvt Ltd RKSV Securities Ltd
Basic Plan Standard Plan
Live data source BSE, NSE NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup - Yes
No.of indicators - 110
No.of charts can be opened - 6
Live Scanners Yes Yes
Customizable screeners Yes No
Trading from charts - Yes
Compare Symbol performance on Chart - No
Options charts - Yes
Continuous futures charts - Yes
Intraday historical data for charts Yes 22 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 - No
Price Ladder - No

Leverage

Leverage

Nirmal Bang Securities Pvt Ltd RKSV Securities Ltd
Basic Plan Standard Plan
Equity Delivery - 2.5x
Equity Intraday - upto 20x
Equity Futures - 4x
Equity Options - 4x for shorting
Currency Futures - upto 4x
Currency Options - NA
Commodity Futures - Upto 2.5x
Commodity Options - Nil

Orders

Orders

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

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Nirmal Bang Securities Pvt Ltd RKSV Securities Ltd
Basic Plan Standard Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP ₹50,000 to ₹2,50,000 Rs.3,000 for registration + Actuals

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Nirmal Bang Securities Pvt Ltd RKSV Securities Ltd
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