Stoxkart Vs Nirmal Bang: A Side By Side Comparison Between The Stock Broking Services

Stoxkart VS Nirmal Bang Comparison:

Stoxkart

Stoxkart, an Indian Stock Broking giant, provides services in stock, commodities, currency, equity and derivatives. It initially started in the Delhi region and has a now a no. of service centres and sub-brokers across the country.

It has two apps by the name of Stoxkart Classic and Stoxkart Pro, which provide online assistance and trading. It also has a branch called Stoxmf, operating only in mutual funds.

Nirmal Bang

It was initially started in the year 1986, and is a part of Nirmal Bang Group of companies founded by Nirmal, Dilip and Kishore Bang. It is registered with NSE, BSE and MCX, and thus provides trading in currency, commodities, equity and derivatives.

It is full-time stockbroking firm and has a panel of highly trained assistants providing assistance and advisory services to its clients. It also does research in-depth, on the nature of Indian stock market.

Let’s have a detailed look at both of them.

Overview

StoxkartNirmal Bang
Logostoxkart brokeragenirmal bang
Website URLwww.stoxkart.comwww.nirmalbang.com
About the brokerStoxkart, an Indian Stock Broking giant, provides services in stock, commodities, currency, equity and derivatives. It initially started in the Delhi region and has a now a no. of service centres and sub-brokers across the country.It was initially started in the year 1986, and is a part of Nirmal Bang Group of companies founded by Nirmal, Dilip and Kishore Bang. It is registered with NSE, BSE and MCX.
Type of BrokerDiscount BrokerFull-Service Broker
Supported ExchangeNSE, BSE, MCXNSE, BSE, MCX, NCDEX, NMCE
Year of Incorporation20191986
Number of Branches2 branches & 12 partner offices2000
Stoxkart Vs Nirmal Bang review

Stoxkart & Nirmal Bang Charges


StoxkartNirmal Bang
Trading Account Opening Fees₹500₹0
Trading Account AMC₹300₹0
Demat Account Opening Fees₹354₹0
Demat Account AMC₹300₹200
Demat Account is Mandatory?NoNo

Stoxkart VS Nirmal Bang Brokerage

Stoxkart BrokerageNirmal Bang Brokerage
Account TypeSingle PlanBasic Plan
Equity Delivery Brokerage₹00.2%
Equity Intraday Brokerage₹15 per executed trade0.02%
Equity Futures Brokerage₹30 per executed trade0.02%
Equity Options Brokerage₹30 per executed trade₹35
Currency Options Trading Brokerage₹30 per executed trade₹20
Commodity Futures Trading Brokerage₹30 per executed trade0.01%
Commodity Options Trading Brokerage₹30 per executed trade
Special Offer

Other Charges

StoxkartNirmal Bang
Minimum Brokerage Charges₹0
Other Brokerage Charges₹0
Call & Trade Charges₹20 per executed trade

Taxes & other Government Charges

StoxkartNirmal Bang
Securities Transaction Tax (STT)0.0126% of total turnoverEquity Intraday 0.025% (on Sell trade)
Equity Delivery 0.1% (on Buy and Sell)
Equity Futures 0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on exercised options)
Currency Futures Nil
Currency Options Nil
Commodities 0.01% on sell side (Non-Agri)
SEBI Charges₹15 per Cr.₹15 per Cr.
Goods and Services Tax (GST)18% on brokerage + transaction charges18% on brokerage + transaction charges
Stamp DutyAs per the Client’s state of correspondence.As per the Client’s state of correspondence.

Stoxkart & Nirmal Bang Transaction Charges


StoxkartNirmal Bang
Equity Delivery0.00325%₹390
Equity Intraday0.00325%₹390
Equity Futures0.0019%₹240
Equity Options0.05%₹5700
Currency Futures0.0009%₹240
Currency Options0.04% (on premium)₹5700
Commodity0.0005%₹250

Stoxkart or Nirmal Bang Exposure Margin

StoxkartNirmal Bang
Equity DeliveryUp to 10x
Equity IntradayUp to 25xUp to 4x
Equity FuturesUp to 2.5xUp to 4x
Equity OptionsUp to 7xUp to 2x for shorting
Currency FuturesUp to 2.5xUp to 2x for shorting
Currency OptionsUp to 2xUp to 3x
Commodity FuturesUp to 2.5xUp to 3x
Commodity Options

Also Read: Nirmal Bang Margin Calculator Online

Stoxkart VS Nirmal Bang Feature Comparison

StoxkartNirmal Bang
3 in 1 AccountNoNo
ChartingYesYes
SMS AlertsYesYes
Online DemoNoYes
Online PortfolioYesYes
Margin Trading Funding AvailableYes
Trading PlatformStoxkart DesktopOdin Diet, NB Trade,
Beyond Mobile App,
NB Back Office Mobile App
Overall Review3.2 /52.6 / 5 

Stoxkart VS Nirmal Bang Investment Options


StoxkartNirmal Bang
Stock / EquityYesYes
CommodityYesYes
CurrencyYesYes
Initial Public Offers (IPO)NoYes
Mutual FundsNoYes
Bond / NCDNoYes
DebtNoYes
Other Investment Options

Stoxkart or Nirmal Bang Research Report

StoxkartNirmal Bang
Daily Market ReportYes
Free TipsYesYes
Quarterly Result AnalysisNoYes
News AlertsNoYes

Stoxkart VS Nirmal Bang for Investor Type

StoxkartNirmal Bang
Casual InvestorYes
Active InvestorYes
TraderYes
open nirmal bang demat account

Stoxkart VS Nirmal Bang Risks & Benefits  

StoxkartNirmal Bang
BenefitsBrokerage fees charged only if you earn.
Research reports in-detail from SMC.
Intraday exposure is huge.
Low Bandwidth can be availed.Research reports free.Back office has 24/7 access.
Fund can be transferred instantaneously.A large number of branches.
RisksTrading platforms need updating.
Account opening charges are higher.3 in 1 account not available.
3 in 1 account not available.No Brokerage Calculator.There is no Instant Fund Withdrawal facility.
open stoxkart demat account

Final words

Thus, this article helps our customers to verify and compare the policies of Stoxkart and Nirmal Bang, the two discount stock brokerage services. 

The open market is always risky, that’s why, before investing money into these firms, always have good knowledge of the risks and policies. Only then, invest money for super returns. Whatever be your choice in Stoxkart Vs Nirmal Bang, Happy money-making to you.

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