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Share.Market Vs Nirmal Bang: Which one is better?

Both the brokers are registered with SEBI. Share.Market offers investmenet in Equity, F&O and Currency only, where Nirmal Bang offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Share.Market Max Rs 20 per trade while the brokerage of Nirmal Bang ranges between .02% to .20%. Share.Market is a Discount Broker where Nirmal Bang is a Full Service Broker. Share.Market is having overall higher rating compare to Nirmal Bang. Share.Market is rated 4 out of 5 where Nirmal Bang is rated only out of 5. Number of active customer for Nirmal Bang is 1,46,451 where number of active customer for Share.Market is 1,22,276. Nirmal Bang is serving more customer compare to Share.Market.

Here we present side-by-side comparison of Share.Market 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 Share.Market 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 Share.Market 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 Share.Market 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 Share.Market vs Nirmal Bang on Service

  Share.Market Compare
Share.Market
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? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 1,22,276 1,46,451
Broker Overview Share.Market by PhonePe despite being relatively a new brokerage house, its free account opening, lowest demat maintenance charges, Rs 20/order flat brokerage charges, user-friendly Share.Market mobile app and website, and expert-curated WealthBasket... Know more about Share.Market
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Share.Market vs Nirmal Bang on Trading & Demat Account Opening Charges

Comparison of Share.Market 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 - Share.Market charges Rs 15 per month (Free for 1st Year) AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Share.Market with Nirmal Bang
Charges Share.Market Nirmal Bang
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 15 per month (Free for 1st Year) Rs 200 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Share.Market vs Nirmal Bang on Plan Options

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

Compare Share.Market with Nirmal Bang on Plan Options
Plan Types Share.Market Nirmal Bang
Multiple Plans Yes No
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 Share.Market vs Nirmal Bang on Brokerage Charges

Share.Market Brokerage Plan detail - PhonePe Share.market offers a fixed flat brokerage model that charges you a maximum Rs 20 per order brokerage on equity intraday, delivery, and equity F&O trading.

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 Share.Market with Nirmal Bang
Brokerage Charges Compare Share.Market Nirmal Bang
Plan Name Flat Brokerage Plan Basic Trading Plan (Percentage Based)
Equity Delivery 0.05% or Rs 20, whichever is lower 0.2% or 20 paisa
Equity Intraday 0.05% or Rs 20, whichever is lower 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 NA 0.02% or 2 paisa
Currency Options NA Rs 20 Per Lot
Commodity Trading NA 0.02% or 2 paisa
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Call & Trade Charges NA NA
Auto Square off Charges Rs 30 per executed order NA
Brokerage Calculator Brokerage Calculator for Share.Market Brokerage Calculator for Nirmal Bang
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Share Broker's Transaction Charges

Compare Share.Market vs Nirmal Bang on Transaction Charges

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

Transaction Charges - Compare Share.Market with Nirmal Bang
Transaction Charges Compare Share.Market 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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for share.market Complete Brokerage Plans for nirmal-bang
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Account Features

Compare Share.Market vs Nirmal Bang on Account Features

Compare Share.Market 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 - Nirmal Bang offers Algo Trading where Share.Market doesn't offers Algo Trading. Margin Funding - Nirmal Bang offers a margin funding where Share.Market doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Share.Market with Nirmal Bang
Account Features Compare Share.Market Nirmal Bang
3 in 1 Account No Share.Market have 2-in-1 account. Only Demate and Trading account. No Share.Market have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo No Yes
Online Portfolio Yes No
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:20 PM 3:15PM
NRI Trading No No
Other Features NIL NIL
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Trading Platform

Compare Share.Market vs Nirmal Bang on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Share.Market 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 Share.Market with Nirmal Bang
Trading Platform Compare Share.Market Nirmal Bang
Web Trading Platform Yes Yes
Web Trading Detail Share.Market Website https://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Trading Yes Yes
Mobile Trading App Share.Market app Beyond
Mobile Trading App Demo Share.Market app Demo Beyond Demo
Android Mobile App Yes Yes
Android App Download Andriod Share.Market app Download Andriod Beyond Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Share.Market 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 Share.Market Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang
Futures Brokerage Calculator Futures Brokerage Calculator for Share.Market Futures Brokerage Calculator for Nirmal Bang
Options Brokerage Calculator Options Brokerage Calculator for Share.Market Options Brokerage Calculator for Nirmal Bang
Detail Detail on Trading Platforms for share.market Detail on Trading Platforms for nirmal-bang

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Broker Ratings by Users

Compare Share.Market vs Nirmal Bang on User Rating

  Share.Market Nirmal Bang
  13 Customer Reviews    Rate Share.Market 20 Customer Reviews    Rate Nirmal Bang
Fees Ratings 4.1 0.4
Trading Brokerage Rating 4.7 0.4
Trading Platform Usability 4.1 0.3
Customer Service Ratings 4.4 0.4
Overall Ratings 4.3 0.4
Broker Rating Share.Market is Rated 4.3 / 5 based on 13 customer reviews Nirmal Bang is Rated 0.4 / 5 based on 20 customer reviews
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Investment Offerings

Compare Share.Market vs Nirmal Bang on Investment Offerings

Compare Share.Market 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 - Nirmal Bang offers trading options in Commodity (MCX) where Share.Market doesn't offer. 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 Share.Market with Nirmal Bang
Investment Offerings Compare Share.Market Nirmal Bang
Equity Cash and F&O Yes Yes
Currency Deravitives No Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options WealthBasket NIL
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Customer Service Offered

Compare Share.Market vs Nirmal Bang on Customer Service

Compare Share.Market 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 Share.Market with Nirmal Bang
Customer Service Compare Share.Market Nirmal Bang
24/7 Customer Service Share.Market vs Nirmal Bang - 24x7 customer support No No
Email Support Share.Market vs Nirmal Bang - Email Support Yes Yes
Onine Live Chat Share.Market vs Nirmal Bang - Onine Live Chat Yes No
Phone Support Share.Market vs Nirmal Bang - Phone Support No Yes
Toll Free Number Share.Market vs Nirmal Bang - Toll Free Number No No
Through Branches Share.Market vs Nirmal Bang - Through Branches No Yes
Customer Care Number Share.Market vs Nirmal Bang - Customer Care Number 080-68727687 Info Not Available
Account Opening Process Share.Market vs Nirmal Bang - Account Opening Process Paperless Info Not Available
Customer Support Email Share.Market vs Nirmal Bang - Customer Support Email [email protected]. Info Not Available
Knowledge Center/Education Share.Market vs Nirmal Bang - Knowledge Center/Education https://share.market/support/home/ Info Not Available
Head Office Address Share.Market vs Nirmal Bang - Head Office Address/Corporate Address 2, Floor 3, Wing A, Block A, Salarpuria Softzone,
Bellandur Village, Varthur Hobli, Outer Ring Road,
Bangalore South, Bangalore , Karnataka - 560103
Info Not Available
Website Share.Market vs Nirmal Bang - Company Website https://share.market/ Info Not Available
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Tips/Research/Reports Published

Compare Share.Market vs Nirmal Bang on Research Reports, Tips

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

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

Compare Share.Market vs Nirmal Bang on Demat Account

Compare Share.Market 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 Share.Market is ₹15 pm.

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 Share.Market is ₹13.50 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 Share.Market with Nirmal Bang
  Share.Market Nirmal Bang
DP Source CDSL CDSL
DP ID Share.Market vs Nirmal Bang - DP ID 96000 13300
Demat Account Annual Maintenance Charges(AMC) ₹15 pm ₹360 pa
Advance Deposit NIL NIL
Statutory charges NIL Nil
Transaction Charges on Debit (Per ISIN) ₹13.50 0.03% of the transaction value (Min ₹15)
Demat ₹150 per certificate + Courier Charges ₹40 per demat requets + ₹40 for additional 50 certificate
Remat ₹150 per certificate + Courier Charges 0.04% of the value or ₹15 per certificate (whichever is higher)
Pledge Creation ₹20 0.02% of the transaction value (Min ₹100)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 0.02% of the transaction value (Min ₹100)
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹20 0.02% of the transaction value (Min ₹100)
Failed Instruction Charges ₹50 Nil
Other Charges
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Special Offers,Advantages,Disadvantages

Compare Share.Market vs Nirmal Bang on Special Offers and Promotion

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

Compare Share.Market vs Nirmal Bang on Special Offers and Promotion
  Share.Market Nirmal Bang
Likes
  • No onboarding fee and paperless account opening process
  • Lowest Demat account maintenance fee, Rs 15/month charged quarterly
  • It charges competitive brokerage fee of Rs 20/order like Groww, Zerodha, and Fyers.
  • WealthBasket, research-driven basket of stocks and ETFs for investment
  • User-friendly mobile app and web-based trading platforms for novice traders and investors.
  • Low auto-square off charges for MIS positions, charges Rs 30/order while Zerodha and Groww charges Rs 50/order.
  • Stock factor analysis to pick right stock for investment
  • Pledge your holdings for margin trading

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
  • Delivery trading is not free.
  • Commodity and currency trading not available.
  • Share.Market does not provide trading tips.
  • PhonePe does not offer direct mutual funds for investment.
  • NRI trading is not available.
  • No call & trade facility
  • Advance features such as trading from charts, basket order, GTT order are not available.
  • It does not provide zero brokerage unlimited trading plans.

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 Free Account Opening, No Demat AMC for 1st Year, Equity and F&O trading at Rs 20/order maximum brokerage, and No Hidden Charges
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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