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Nirmal Bang Vs AxisDirect: Which one is better?

Both the brokers are registered with SEBI. Nirmal Bang offers investmenet in Equity, F&O, Currency and Commodities, where AxisDirect offers investment in Equity, F&O and Currency only. The brokerage of Nirmal Bang ranges between .02% to .20% while the brokerage of AxisDirect ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. Nirmal Bang is having overall lower rating compare to AxisDirect. Nirmal Bang is rated only 3 out of 5 where AxisDirect is rated 3.5 out of 5. Number of active customer for AxisDirect is 3,25,971 where number of active customer for Nirmal Bang is 1,31,473. AxisDirect is serving more customer compare to Nirmal Bang.

Here we present side-by-side comparison of Nirmal Bang vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Nirmal Bang vs AxisDirect'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 Nirmal Bang vs AxisDirect share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Nirmal Bang vs AxisDirect'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 Nirmal Bang vs AxisDirect on Service

  Nirmal Bang Compare
Nirmal Bang
AxisDirect Compare
AxisDirect
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 1,31,473 3,25,971
Broker Overview 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. Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...Know more about AxisDirect
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Nirmal Bang vs AxisDirect on Trading & Demat Account Opening Charges

Comparison of Nirmal Bang with AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Nirmal Bang offer Free account opening where AxisDirect charges Rs 999 for account opening. Demat AMC charges - Nirmal Bang charges Rs 200 PA AMC for Demat account where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nirmal Bang with AxisDirect
Charges Nirmal Bang AxisDirect
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 200 PA Rs 750 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Nirmal Bang vs AxisDirect on Plan Options

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

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

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Nirmal Bang vs AxisDirect on Brokerage Charges

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

AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.

Brokerage Charges - Compare Nirmal Bang with AxisDirect
Brokerage Charges Compare Nirmal Bang AxisDirect
Plan Name Basic Trading Plan (Percentage Based) Fixed Brokerage Trading Plan (Percentage Based)
Equity Delivery 0.2% or 20 paisa 0.50% (Each leg)
Equity Intraday 0.02% or 2 paisa 0.05% (Each leg)
Equity Futures 0.02% or 2 paisa 0.05% (Each leg)
Equity Options Rs 35 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.02% or 2 paisa 0.05% (Each Leg)
Currency Options Rs 20 Per Lot Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p
Commodity Trading 0.02% or 2 paisa Futures: 0.03% (Each leg)| Options: Rs. 50 per lot
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges NA Free 20 calls per month, and after Rs. 20 per order
Auto Square off Charges NA 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Nirmal Bang Brokerage Calculator for AxisDirect
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Share Broker's Transaction Charges

Compare Nirmal Bang vs AxisDirect on Transaction Charges

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

Transaction Charges - Compare Nirmal Bang with AxisDirect
Transaction Charges Compare Nirmal Bang AxisDirect
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for nirmal-bang Complete Brokerage Plans for axisdirect
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Account Features

Compare Nirmal Bang vs AxisDirect on Account Features

Compare Nirmal Bang with AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 account where Nirmal Bang offers only 2-in-1 account which includes trading and demat account. Algo Trading - Nirmal Bang offers Algo Trading where AxisDirect doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - AxisDirect offers NRI where Nirmal Bang doesn't offers NRI Trading.

Account Features - Nirmal Bang with AxisDirect
Account Features Compare Nirmal Bang AxisDirect
3 in 1 Account No Nirmal Bang have 2-in-1 account. Only Demate and Trading account. Yes, Nirmal Bang have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 2:45 PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Nirmal Bang vs AxisDirect on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nirmal Bang and AxisDirect. 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 Nirmal Bang with AxisDirect
Trading Platform Compare Nirmal Bang AxisDirect
Desktop Trading Platform ODIN Diet Ring
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://nbtrade.nirmalbang.net/netnetlite/ https://login.axisdirect.in/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Beyond AxisDirect Ring Mobile App
Mobile Trading App Demo Info Not Available AxisDirect Ring Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod Beyond Download Andriod AxisDirect Ring Mobile App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS Beyond Download iOS AxisDirect Ring Mobile App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang Equity Intraday and Delivery Brokerage Calculator for AxisDirect
Futures Brokerage Calculator Futures Brokerage Calculator for Nirmal Bang Futures Brokerage Calculator for AxisDirect
Options Brokerage Calculator Options Brokerage Calculator for Nirmal Bang Options Brokerage Calculator for AxisDirect
Detail Detail on Trading Platforms for nirmal-bang Detail on Trading Platforms for axisdirect

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Broker Ratings by Users

Compare Nirmal Bang vs AxisDirect on User Rating

  Nirmal Bang AxisDirect
  2 Customer Reviews    Rate Nirmal Bang 6 Customer Reviews    Rate AxisDirect
Fees Ratings 3.5 2.5
Trading Brokerage Rating 4.0 2.0
Trading Platform Usability 3.0 3.2
Customer Service Ratings 3.5 2.7
Overall Ratings 3.5 2.3
Broker Rating Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews AxisDirect is Rated 2.3 / 5 based on 6 customer reviews
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Investment Offerings

Compare Nirmal Bang vs AxisDirect on Investment Offerings

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

Compare Nirmal Bang vs AxisDirect on Order Types

Order Type - Compare Nirmal Bang with AxisDirect 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) - AxisDirect provides 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) - Both broker don't have Bracket Orders (BO).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- AxisDirect offers Good Till Cancelled (GTC) orders where Nirmal Bang doesn't support Good Till Cancelled (GTC) orders.

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

Compare Nirmal Bang vs AxisDirect on Customer Service

Compare Nirmal Bang with AxisDirect 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 Nirmal Bang with AxisDirect
Customer Service Compare Nirmal Bang AxisDirect
24/7 Customer Service Nirmal Bang vs AxisDirect - 24x7 customer support No No
Email Support Nirmal Bang vs AxisDirect - Email Support Yes Yes
Onine Live Chat Nirmal Bang vs AxisDirect - Onine Live Chat No Yes
Phone Support Nirmal Bang vs AxisDirect - Phone Support Yes Yes
Toll Free Number Nirmal Bang vs AxisDirect - Toll Free Number No Yes
Through Branches Nirmal Bang vs AxisDirect - Through Branches Yes Yes
Customer Care Number Nirmal Bang vs AxisDirect - Customer Care Number Info Not Available 022-61480808
Account Opening Process Nirmal Bang vs AxisDirect - Account Opening Process Info Not Available Online
Customer Support Email Nirmal Bang vs AxisDirect - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Nirmal Bang vs AxisDirect - Knowledge Center/Education Info Not Available https://simplehai.axisdirect.in/learn/overview
Head Office Address Nirmal Bang vs AxisDirect - Head Office Address/Corporate Address Info Not Available Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Nirmal Bang vs AxisDirect - Company Website Info Not Available https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Nirmal Bang vs AxisDirect on Research Reports, Tips

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

Research Reports - Compare Nirmal Bang with AxisDirect
  Nirmal Bang AxisDirect
Research Mutual Funds Nirmal Bang vs AxisDirect - Research Mutual Funds Yes Yes
Research Equity Reports Nirmal Bang vs AxisDirect - Research Equity Reports Yes Yes
Research ETF Nirmal Bang vs AxisDirect - Research ETF Yes Yes
Daily Market Report Nirmal Bang vs AxisDirect - Daily Market Report Yes Yes
Free Tips Nirmal Bang vs AxisDirect - Free Tips Yes Yes
Quarterly Result Analysis Nirmal Bang vs AxisDirect - Quarterly Results Yes Yes
News Alerts Nirmal Bang vs AxisDirect - Yes Yes
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Demat Account

Compare Nirmal Bang vs AxisDirect on Demat Account

Compare Nirmal Bang with AxisDirect 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 AxisDirect is ₹500 pa where for Nirmal Bang is ₹360 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 Nirmal Bang is 0.03% of the transaction value (Min ₹15) where for AxisDirect is ₹10.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 Nirmal Bang with AxisDirect
  Nirmal Bang AxisDirect
DP Source CDSL CDSL
DP ID Nirmal Bang vs AxisDirect - DP ID No 49200
Demat Account Annual Maintenance Charges(AMC) ₹360 pa ₹500 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.03% of the transaction value (Min ₹15) ₹10
Demat ₹40 per demat requets + ₹40 for additional 50 certificate ₹3 per certificate
Remat 0.04% of the value or ₹15 per certificate (whichever is higher) ₹10 for every hundred securities (Min ₹10)
Pledge Creation 0.02% of the transaction value (Min ₹100) ₹25
Pledge Creation Confirmation Nil ₹25
Pledge Closure 0.02% of the transaction value (Min ₹100) ₹25
Pledge Closure Confirmation Nil ₹25
Pledge Invocation 0.02% of the transaction value (Min ₹100) Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Nirmal Bang vs AxisDirect on Special Offers and Promotion

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

Compare Nirmal Bang vs AxisDirect on Special Offers and Promotion
  Nirmal Bang AxisDirect
Pay In and Pay Out Options Nirmal Bang vs AxisDirect - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Nirmal Bang vs AxisDirect - Payout Time Info Not Available Instant to Axis Bank.
Bank Supported and Charges Nirmal Bang vs AxisDirect - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Direct from your Axis bank account.
Likes
  • 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...

  • Open paperless 3-in-1 account (Bank + Demat + Trading).
  • One-stop shop to trade on BSE, NSE, and MCX.
  • Zero Demat AMC for 1st year for Axis Bank account holders.
  • Multiple brokerage plans for traders and investors.
  • Trade in options at flat Rs. 10/order.
  • Unlimited Brokerage-free options trading for the first month.
  • Ring revolutionary app and desktop-based platforms provide an investment opportunity.
  • Free trading tools like scanners, options strategies, advanced charting, & indicators.
  • Get free trading calls, investment ideas, and research reports.
  • Hassle-free investment in bonds & debenture on the “Yield” platform.
  • AI-powered investment ideas and wealth management advisory services.
  • Buy Now and Pay Later with E-margin.
  • Free 20 calls per month.

Detail Review...

Dislikes
  • 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...

  • High account opening fees.
  • It charges a higher brokerage fee than discount brokers like Zerodha, Upstox, etc.
  • It does not have a flat discount brokerage plan.

Detail Review...

Special Offers/Promo Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-08-28T00:10:38+00:00