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5paisa Vs Nirmal Bang: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of 5paisa Max Rs 20 per trade while the brokerage of Nirmal Bang ranges between .02% to .20%. 5paisa is a Discount Broker where Nirmal Bang is a Full Service Broker. 5paisa is having overall higher rating compare to Nirmal Bang. 5paisa is rated 4 out of 5 where Nirmal Bang is rated only 3 out of 5. Number of active customer for 5paisa is 4,95,066 where number of active customer for Nirmal Bang is 1,31,473. 5paisa is serving more customer compare to Nirmal Bang.

Here we present side-by-side comparison of 5paisa vs Nirmal Bang share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared 5paisa vs Nirmal Bang's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of 5paisa vs Nirmal Bang share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared 5paisa vs Nirmal Bang's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare 5paisa vs Nirmal Bang on Service

  5paisa Compare
5paisa
Nirmal Bang Compare
Nirmal Bang
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 4,95,066 1,31,473
Broker Overview 5paisa is the fastest-growing discount brokerage firms in India with a highly competitive pricing model, Rs. 0 commission on mutual fund investment, powerful in-house trading platforms across web, app, & desktop, and Robo Advisory platform. Its m... Know more about 5paisa Open a free trading & demat account with one of the most prominent full-service brokers in India. Get the best Nirmal Bang Research & advisory, portfolio management services, and trade on the superfast Beyond and ODIN trading platforms.
Broker Enquiry Request call back from 5paisa Request call back from Zerodha
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Account Opening Charges and AMC

Compare 5paisa vs Nirmal Bang on Trading & Demat Account Opening Charges

Comparison of 5paisa with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - 5paisa charges Rs 300 PA AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare 5paisa with Nirmal Bang
Charges 5paisa Nirmal Bang
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Rs 200 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare 5paisa vs Nirmal Bang on Plan Options

Plans are the most important feature you look when compare 5paisa with Nirmal Bang. This section compare on high level about type of plans offered by brokers. Multiple Plans - 5paisa provide Multiple Plans where Nirmal Bang doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare 5paisa with Nirmal Bang on Plan Options
Plan Types 5paisa Nirmal Bang
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  5paisa Zerodha
Account Opening Request
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Brokerage Charges

Compare 5paisa vs Nirmal Bang on Brokerage Charges

5paisa Brokerage Plan detail - 5paisa is a discount broker, which charges a flat fee of Rs 20 per executed order for Equity Cash, Equity F&O, Currency & Commodities. This is the lowest brokerage plan offered by the best brokerage house in India.

Nirmal Bang Brokerage Plan detail - Nirmal Bang default brokerage plan charges a fixed rate of percentage-based brokerage fee on trading in different segments.

Brokerage Charges - Compare 5paisa with Nirmal Bang
Brokerage Charges Compare 5paisa Nirmal Bang
Plan Name Basic Plan Basic Trading Plan (Percentage Based)
Equity Delivery Flat Fee Rs 20 0.2% or 20 paisa
Equity Intraday Flat Fee Rs 20 0.02% or 2 paisa
Equity Futures Flat Fee Rs 20 0.02% or 2 paisa
Equity Options Flat Fee Rs 20 Rs 35 Per Lot
Currency Futures Flat Fee Rs 20 0.02% or 2 paisa
Currency Options Flat Fee Rs 20 Rs 20 Per Lot
Commodity Trading Flat Fee Rs 20 0.02% or 2 paisa
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 100 per call(No limit of orders) NA
Auto Square off Charges Rs 100 per call(No limit of orders) NA
Brokerage Calculator Brokerage Calculator for 5paisa Brokerage Calculator for Nirmal Bang
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Share Broker's Transaction Charges

Compare 5paisa vs Nirmal Bang on Transaction Charges

Compare 5paisa with Nirmal Bang on transaction charges and PCM fee by segment.

Transaction Charges - Compare 5paisa with Nirmal Bang
Transaction Charges Compare 5paisa Nirmal Bang
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Rs 260 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for 5paisa Complete Brokerage Plans for nirmal-bang
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Account Features

Compare 5paisa vs Nirmal Bang on Account Features

Compare 5paisa with Nirmal Bang on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - 5paisa with Nirmal Bang
Account Features Compare 5paisa Nirmal Bang
3 in 1 Account No 5paisa have 2-in-1 account. Only Demate and Trading account. No 5paisa have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare 5paisa vs Nirmal Bang on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w 5paisa and Nirmal Bang. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare 5paisa with Nirmal Bang
Trading Platform Compare 5paisa Nirmal Bang
Desktop Trading Platform 5paisaTradeStation ODIN Diet
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.5paisa.com/online-trading https://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App 5paisa Mobile App Beyond
Mobile Trading App Demo 5paisa Mobile App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod 5paisa Mobile App Download Andriod Beyond Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS 5paisa Mobile App Download iOS Beyond Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for 5paisa Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang
Futures Brokerage Calculator Futures Brokerage Calculator for 5paisa Futures Brokerage Calculator for Nirmal Bang
Options Brokerage Calculator Options Brokerage Calculator for 5paisa Options Brokerage Calculator for Nirmal Bang
Detail Detail on Trading Platforms for 5paisa Detail on Trading Platforms for nirmal-bang

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Broker Ratings by Users

Compare 5paisa vs Nirmal Bang on User Rating

  5paisa Nirmal Bang
  27 Customer Reviews    Rate 5paisa 2 Customer Reviews    Rate Nirmal Bang
Fees Ratings 3.1 3.5
Trading Brokerage Rating 3.9 4.0
Trading Platform Usability 3.3 3.0
Customer Service Ratings 2.7 3.5
Overall Ratings 3.2 3.5
Broker Rating 5paisa is Rated 3.2 / 5 based on 27 customer reviews Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare 5paisa vs Nirmal Bang on Investment Offerings

Compare 5paisa with Nirmal Bang on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare 5paisa with Nirmal Bang
Investment Offerings Compare 5paisa Nirmal Bang
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare 5paisa vs Nirmal Bang on Order Types

Order Type - Compare 5paisa with Nirmal Bang on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - 5paisa provide Cover Orders (CO) where Nirmal Bang doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - 5paisa provide Bracket Orders (BO) where Nirmal Bang doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare 5paisa with Nirmal Bang
Order Type Compare 5paisa Nirmal Bang
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
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Customer Service Offered

Compare 5paisa vs Nirmal Bang on Customer Service

Compare 5paisa with Nirmal Bang on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare 5paisa with Nirmal Bang
Customer Service Compare 5paisa Nirmal Bang
24/7 Customer Service 5paisa vs Nirmal Bang - 24x7 customer support No No
Email Support 5paisa vs Nirmal Bang - Email Support Yes Yes
Onine Live Chat 5paisa vs Nirmal Bang - Onine Live Chat No No
Phone Support 5paisa vs Nirmal Bang - Phone Support Yes Yes
Toll Free Number 5paisa vs Nirmal Bang - Toll Free Number No No
Through Branches 5paisa vs Nirmal Bang - Through Branches No Yes
Customer Care Number 5paisa vs Nirmal Bang - Customer Care Number +91 89766 89766 Info Not Available
Account Opening Process 5paisa vs Nirmal Bang - Account Opening Process Online/Paperless Info Not Available
Customer Support Email 5paisa vs Nirmal Bang - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education 5paisa vs Nirmal Bang - Knowledge Center/Education https://www.5paisa.com/knowledge-centre Info Not Available
Head Office Address 5paisa vs Nirmal Bang - Head Office Address/Corporate Address 5paisa headquater
Sun Infotech Park, Road No.
16V, Plot No.B-23 Thane
Industrial Area, Wagle Estate,
Thane - 400604
Info Not Available
Website 5paisa vs Nirmal Bang - Company Website https://www.5paisa.com/ Info Not Available
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Tips/Research/Reports Published

Compare 5paisa vs Nirmal Bang on Research Reports, Tips

Compare 5paisa with Nirmal Bang on research reports and tips provided by the broker.

Research Reports - Compare 5paisa with Nirmal Bang
  5paisa Nirmal Bang
Research Mutual Funds 5paisa vs Nirmal Bang - Research Mutual Funds Yes Yes
Research Equity Reports 5paisa vs Nirmal Bang - Research Equity Reports Yes Yes
Research ETF 5paisa vs Nirmal Bang - Research ETF No Yes
Daily Market Report 5paisa vs Nirmal Bang - Daily Market Report Yes Yes
Free Tips 5paisa vs Nirmal Bang - Free Tips Yes Yes
Quarterly Result Analysis 5paisa vs Nirmal Bang - Quarterly Results No Yes
News Alerts 5paisa vs Nirmal Bang - Yes Yes
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Demat Account

Compare 5paisa vs Nirmal Bang on Demat Account

Compare 5paisa with Nirmal Bang on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Nirmal Bang is ₹360 pa where for 5paisa is ₹300 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for 5paisa is ₹12.50 per ISIN where for Nirmal Bang is 0.03% of the transaction value (Min ₹15).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare 5paisa with Nirmal Bang
  5paisa Nirmal Bang
DP Source CDSL CDSL
DP ID 5paisa vs Nirmal Bang - DP ID 82500 No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹360 pa
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.50 per ISIN 0.03% of the transaction value (Min ₹15)
Demat ₹15 per certificate ₹40 per demat requets + ₹40 for additional 50 certificate
Remat ₹15 for every hundred securities or ₹15 per certificate whichever is higher 0.04% of the value or ₹15 per certificate (whichever is higher)
Pledge Creation ₹12.50 per script 0.02% of the transaction value (Min ₹100)
Pledge Creation Confirmation NIL Nil
Pledge Closure ₹12.50 per script 0.02% of the transaction value (Min ₹100)
Pledge Closure Confirmation NIL Nil
Pledge Invocation NIL 0.02% of the transaction value (Min ₹100)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare 5paisa vs Nirmal Bang on Special Offers and Promotion

Compare 5paisa with Nirmal Bang on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare 5paisa vs Nirmal Bang on Special Offers and Promotion
  5paisa Nirmal Bang
Pay In and Pay Out Options 5paisa vs Nirmal Bang - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from 5Paisa trader or Back Office.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time 5paisa vs Nirmal Bang - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges 5paisa vs Nirmal Bang - Bank Supported and Charges Around 40 banks allow instant credit facility(Payment Gateway) with charges of Rs 9 from 5paisa trading platforms. Info Not Available
Bank Detail 5paisa,
Account Number:5PAISA
Bank and Branch: Yes Bank, CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Info Not Available
Likes
  • Free account opening facility
  • Cutting-edge trading platforms and products
  • Free or Rs. 0 commission investment in mutual funds and US Stocks.
  • cheapest brokerage plans – Super Saver Packs
  • Zero brokerage on equity delivery in super saving pack 
  • No brokerage for young generation age from 18 years to 23 years
  • It Offers free trading course FinSchool for beginners 
  • Advanced trading platform of 5Paisa Algo trading app 
  • 5Paisa API helps traders to get real time markets analysis from various resources. 
  • Tips and calls on researched based stocks
  • Wide range of trading and investment products – IPO, MFs, Currency, Stocks, etc
  • Solve customer grievances instantly via call or e-mail.
  • Secure and safe mobile application to protect its client’s data.

Detail Review...

  • Multiple trading and investment products.
  • Zero account opening fees.
  • Low maintenance charges.
  • Trade on the web, Beyond mobile app, and ODIN desktop platform.
  • Next-gen Algo trading platform to automate your trading journey.
  • Technical calls and research across equity, commodity, currency, mutual funds, etc.
  • Institutional research including sector and company-specific reports.
  • An abundance of educational sources i.e., articles, blogs, and educational videos.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • After-market order (AMO) facility.

Detail Review...

Dislikes
  • High call & trade charges of Rs. 100/per call.
  • 5paisa does not offer NRI trading services.
  • A 3-in-1 account opening facility is unavailable.
  • Delivery trading with 5paisa is not free in the basic plan.

Detail Review...

  • Nirmal Bang does not provide Good Till Triggered (GTT) order
  • High brokerage charges than discount brokers.
  • Minimum margin money of Rs. 10,000 is required to maintain.
  • It does not provide a 3-in-1 account opening facility.

Detail Review...

Special Offers/Promo
Enquiry Open 5paisa Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-01-11T04:15:59+00:00