RKSV Upstox vs Nirmal Bang

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

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

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RKSV Upstox

Nirmal Bang

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

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

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

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

Contact Broker

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RKSV Securities Ltd Nirmal Bang Securities Pvt Ltd
Contact / Request Call Back

Transaction Charges (Per Crore)

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

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

Other Charges

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

RKSV Securities Ltd Nirmal Bang Securities Pvt Ltd
Standard Plan Basic Plan
Minimum Brokerage ₹20 0.2%
Call & Trade ₹20 per trade Yes
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) ₹15 per debit instruction + depository charges at actual 0.03% (₹15 minimum per transaction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

RKSV Securities Ltd Nirmal Bang Securities Pvt Ltd
Standard Plan Basic Plan
Trading Platform Upstox Mobile, Upstox Web, NEST Trading Terminal ODIN Trading Terminal, Net Net Web, Beyond Mobile App
Placing orders through charts Yes -
Trading Alerts Yes Yes
Research and Advice / Trading Tips No Yes
Detailed Education Initiatives No Yes
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

RKSV Securities Ltd Nirmal Bang Securities Pvt Ltd
Standard Plan Basic Plan
Depository Service Provider 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

₹150

₹200 from 2nd year

Dematerialisation Charges

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

₹40 (For every 50 certificate)

Rematerialisation Charges

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

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

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

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

₹25 or 0.03% whichever is higher

Pledge Creation Charges

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

₹100 or 0.02% whichever is higher

Pledge Creation Confirmation Charges

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

Nil

Pledge Invocation Charges

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

₹100 or 0.02% whichever is higher

Failed Instruction Charges

₹50 per transaction

Nil

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.

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Basic Details

Basic Details of Brokers

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

Charts and Data

Charts and Data

RKSV Securities Ltd Nirmal Bang Securities Pvt Ltd
Standard Plan Basic Plan
Live data source NSE, BSE, MCX BSE, NSE
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 No Yes
Trading from charts Yes -
Compare Symbol performance on Chart No -
Options charts Yes -
Continuous futures charts Yes -
Intraday historical data for charts 22 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 No -
Price Ladder No -

Leverage

Leverage

RKSV Securities Ltd Nirmal Bang Securities Pvt Ltd
Standard Plan Basic 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

RKSV Securities Ltd Nirmal Bang Securities Pvt Ltd
Standard 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

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

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RKSV Securities Ltd Nirmal Bang Securities Pvt Ltd
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