Axis Direct vs Nirmal Bang (Compare Axis Direct vs Nirmal Bang)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Axis Direct vs Nirmal Bang, Below comparison of Axis Direct vs Nirmal Bang highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

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One on One comparison of Axis Direct vs Nirmal Bang is given below:

Axis Direct

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Nirmal Bang

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	Axis Direct	Nirmal Bang

About The Brokers	Axis Direct : "AxisDirect is the flagship brand of Axis Securities Ltd offering simplified investment solutions to retail customers. AxisDirect is among top 10 brokerage house in In >>> more	Nirmal Bang : "Nirmal Bang is the full-service broker and provides their service not only in India but also over the world. They are among the few stockbrokers who provide free trad >>> more
Find More Information about the Broker :	Axis Direct : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Nirmal Bang : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Axis Direct : Full Service Broker	Nirmal Bang : Full Service Broker
Promo/offers	Axis Direct : Special Offer: No AMC charged on Demat account for the first year + Get high leverage on intraday products and up to 4 times in E-Margin + Get Axis Direct 3-in-1 account + Research Services.Get the offer	Nirmal Bang : N/A
Advantage	Axis Direct : 3-in-1 online trading account. Security of your investment & money Decent trading software. Derivatives trading, NRI services, mutual funds, IPOs. Trading is available in both BSE and NSE. Free Research services	Nirmal Bang : Free call and trade service available Great customer support and excel in maintaining a relationship with their client Willingness to upgrade themselves as per the market requirements Pan India presence along with NRI services Versatile products and services available to expand your portfolio Offer margin exposure facility
Disadvantage	Axis Direct : No commodity & Currencytrading. Very High brokerage. Installable trading terminal cost at Rs 2999 per year. Minimum brokerage charges. Low Exposure	Nirmal Bang : Traditional brokers Charts and other technical analysis is not available at the free of cost Do not provide 3-in-1 account service Minimum Brokerage.
Why This	Axis Direct : A Unique 3-in-1 On-line Trading Account, which includes Axis Banks Saving Account, Axis Direct Trading Account and Axis Direct Demat Account, is the key offering for retail stock market investors in India. Security: Instead of transferring monies to a broker's pool or towards deposits, you can manage your own demat and bank accounts when you trade through Kotak Securities. It provides you the flexibility to pay only when you trade. E-Broking House with >11 Lac customers. 1 paisa per lot for same day square off option trading or Rs 10 per lot for carry f/w Options trade Facility to trade in Equities, IPO's, Bonds, FD's, ETF's, Mutual Funds, F&O and Currency derivatives etc. Add on services like relationship manager, tips & recommendations, technical research, market pointers, periodical research reports, training and education. Axis Direct offers classroom sessions, webinars, Online Tutorials and Articles by Experts to help beginners understand basics.	Nirmal Bang : Fee call and trade service is available with the Nirmal Bang Excellent customer relationship service with the tag line "a relationship beyond broking. Trailing-Stop/Stop-Loss (SL) is available in both web and mobile. Update you with market movement and information through an online medium as well as with the monthly magazine " Beyond Market." Provide NRI service Offer access to researching trading software

Axis Direct vs Nirmal Bang Account Opening & AMC Charges

Axis Direct Trading Account Opening Fee is ₹900 and Nirmal Bang Trading Account Opening Fee is ₹0 . Axis Direct Demat Account AMC is ₹650 and Nirmal Bang Demat Account AMC is ₹200 .

	Axis Direct	Nirmal Bang
Trading Account Opening Fee	Trading Account Opening Fee : ₹900	Trading Account Opening Fee : ₹0
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹650	Demat Account AMC : ₹200
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

Axis Direct vs Nirmal Bang Brokerage Charges

Axis Direct Brokerage Charges Equity Delivery is 0.50% and Equity Intraday is 0.05% and Equity Options is Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot . Nirmal Bang Brokerage Charges Equity Delivery is 0.2% and Equity Intraday is 0.02% and Equity Options is ₹35 .

	Axis Direct		Nirmal Bang
Plan Name	Plan Name : Fixed Plan	Plan Name : Plan 125K	Plan Name : Basic Plan
Equity Delivery	Equity Delivery : 0.50%	Equity Delivery : 0.18%	Equity Delivery : 0.2%
Equity Intraday	Equity Intraday : 0.05%	Equity Intraday : 0.018%	Equity Intraday : 0.02%
Equity Future	Equity Future : 0.05%	Equity Future : 0.018%	Equity Future : 0.02%
Equity Options	Equity Options : Intraday: ₹0.01 per lot \| Carry Forward: ₹10 per lot	Equity Options : ₹30 per lot	Equity Options : ₹35
Currency Futures	Currency Futures : 0.05%	Currency Futures : 0.018%	Currency Futures : 0.02%
Currency Options	Currency Options : Intraday: ₹0.01 per lot \| Carry Forward: ₹10 per lot	Currency Options : ₹30 per lot	Currency Options : ₹20
Monthly Fee	Monthly Fee : NA	Monthly Fee : ₹125000 per year	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : 0.03% (Each Leg)	Commodity Futures : NA	Commodity Futures : 0.01%
Commodity Options	Commodity Options : -	Commodity Options : -	Commodity Options : -

Axis Direct vs Nirmal Bang Transaction Charges (Per Crore)

Axis Direct Transaction Charges (Per Crore) Equity Future is NSE ₹190 | BSE ₹300 and Equity Options is NSE ₹5000 | BSE ₹300 . Nirmal Bang Transaction Charges (Per Crore) Equity Future is ₹240 and Equity Options is ₹5700 .

	Axis Direct	Nirmal Bang
Equity Delivery	Equity Delivery : NSE ₹325 \| BSE ₹300	Equity Delivery : ₹390
Equity Intraday	Equity Intraday : NSE ₹325 \| BSE ₹300	Equity Intraday : ₹390
Equity Future *	Equity Future : NSE ₹190 \| BSE ₹300	Equity Future : ₹240
Equity Options *	Equity Options : NSE ₹5000 \| BSE ₹300	Equity Options : ₹5700
Currency Futures *	Currency Futures : ₹190	Currency Futures : ₹240
Currency Options	Currency Options : ₹5000	Currency Options : ₹5700
Commodity	Commodity : NA	Commodity : ₹250

Axis Direct vs Nirmal Bang Other Charges

Axis Direct Minimum Brokerage is ₹20 per executed order and Call & Trade is Rs 20 per call post 20th call per month . Nirmal Bang and .

	Axis Direct	Nirmal Bang
Minimum Brokerage	Minimum Brokerage : ₹20 per executed order	Minimum Brokerage : -
Call & Trade	Call & Trade : Rs 20 per call post 20th call per month	Call & Trade : -
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : Charges as per the state of residence
DP Charges (on sell side)	DP Charges (on sell side) : 0.04% (minimum Rs 25 per instruction)	DP Charges (on sell side) : 0.03% (₹15 minimum per transaction)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

Axis Direct vs Nirmal Bang Features

Axis Direct and Nirmal Bang both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Axis Direct	Nirmal Bang
Trading Platform	Trading Platform : DirectTrade, Swift Trade	Trading Platform : ODIN Trading Terminal, Net Net Web, Beyond Mobile App
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : -
Trading Alerts	Trading Alerts : Yes	Trading Alerts : Yes
Research and Advice / Trading Tips	Research and Advice / Trading Tips : Yes	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : Yes	Detailed Education Initiatives : Yes
Unique features & Offers	Unique features & Offers : Can trade in 32 exchanges through Saxo Trader	Unique features & Offers : -
Referral Program	Referral Program : Rs.500 per referal	Referral Program : -
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : Yes

Axis Direct vs Nirmal Bang Demat Account Charges

A comparative table of various demat account charges between Axis Direct and Nirmal Bang is below:

	Axis Direct	Nirmal Bang
Depository Service Provider	Depository Service Provider : CDSL	Depository Service Provider : CDSL & NSDL
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : ₹0
Advance Deposit	Advance Deposit : Nil	Advance Deposit : Life Time free AMC scheme Individual Account: ₹1000 One time Corporate Account: ₹2500 One time + ₹500 CDSL AMC (Per Year)
AMC	AMC : Retail Account: Axis Bank Customer: ₹650 per year (1st year free). ₹2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank. Non-Axis Bank Customer: ₹250 per year (1st year free) BSDA Account: Nil for holding value till ₹50,000 ₹100 per year for holding value from ₹50,001 to ₹2,00,000 Holding value above ₹2,00,000 tariff for Retail account will be applicable. Corporate Account: ₹400 for Axis Bank clients + CDSL AMC of ₹500 ₹600 for non-Axis Bank clients+ CDSL AMC of ₹500	AMC : ₹0
Dematerialisation Charges	Dematerialisation Charges : Retail / BSDA Account: ₹5 per certificate subject to minimum of ₹50 per request, whichever is higher. ₹50 per request as courier charges for mutual fund Units. Corporate Account: ₹2.50 per certificate subject to a minimum of the ₹50 per request.	Dematerialisation Charges : ₹40 (For every 50 certificate)
Rematerialisation Charges	Rematerialisation Charges : Retail / BSDA Account: ₹20 for every 100 securities or part thereof or ₹50 per request whichever is higher. ₹50 per instruction for mutual fund Units. Corporate Account: ₹20 per certificate subject to minimum of ₹50 per request	Rematerialisation Charges : ₹15 per certificate or 0.04% of the value of the securities requested for remat whichever is higher
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : Retail Account: 0.04% of the value of the transaction (Min ₹25 per instruction) whichever is higher. ₹25 flat per instruction for mutual fund units. BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. ₹50 flat per instruction for mutual fund units. Corporate Account: 0.04% subject to minimum of ₹23 per instruction.	Transaction Charges (debit) : -
Pledge Creation Charges	Pledge Creation Charges : Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher. BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. Corporate Account: Flat ₹50 per request.	Pledge Creation Charges : ₹100 or 0.02% whichever is higher
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : Nil
Pledge Invocation Charges	Pledge Invocation Charges : Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher. BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. Corporate Account: Flat ₹50 per request.	Pledge Invocation Charges : ₹100 or 0.02% whichever is higher
Failed Instruction Charges	Failed Instruction Charges : ₹10 per Instruction	Failed Instruction Charges : Nil
Other Charges	Other Charges : Ad-hoc Statement - ₹100 per statement Quarterly (Physical) statement Retail Account - Nil BSDA Account - ₹25 per statement Account Modification Charges Retail Account - Nil BSDA Account - ₹100 DIS Booklet Charge Retail Account - NIL BSDA Account - ₹200 per booklet Redemption of mutual fund units through DP - ₹25 per instruction	Other Charges : -

Axis Direct vs Nirmal Bang Basic Details

Axis Direct Year of Incorporation is 2005 and Total Number of Clients is 469154 and Total Number of Branches is 3000+ . Nirmal Bang Year of Incorporation is 1986 and Total Number of Clients is 127161 and Total Number of Branches is 2000 .

	Axis Direct	Nirmal Bang
Year of Incorporation	Year of Incorporation : 2005	Year of Incorporation : 1986
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX	Active Exchange Memberships : BSE, NSE, MCX, NCDEX
Demat Services	Demat Services : NSDL	Demat Services : No
Website	Website : https://simplehai.axisdirect.in	Website : www.nirmalbang.com
Contact Details	Contact Details : 18002100808	Contact Details : +91-22-68207000
Total Number of Clients	Total Number of Clients : 469154	Total Number of Clients : 127161
Total Number of Branches	Total Number of Branches : 3000+	Total Number of Branches : 2000
Products *	Products : Equity, Derivatives, Mutual Fund, SIP, ETFs, Tax Savings, Fixed Income, IPOs, Fixed Deposits, Loans, Tax Services, NPS and Insurance.	Products : -

Axis Direct vs Nirmal Bang Leverage

Leverage

	Axis Direct	Nirmal Bang
Equity Delivery	Equity Delivery : Nil	Equity Delivery : upto 10x
Equity Intraday	Equity Intraday : Upto 10x	Equity Intraday : Upto 4x
Equity Futures	Equity Futures : Nil	Equity Futures : Upto 4x
Equity Options	Equity Options : Nil	Equity Options : Upto 2x for shorting
Currency Futures	Currency Futures : NA	Currency Futures : Upto 2x for shorting
Currency Options	Currency Options : NA	Currency Options : Upto 3x
Commodity Futures	Commodity Futures : 3x	Commodity Futures : Upto 3x
Commodity Options	Commodity Options : NA	Commodity Options : -
F&O (Eq, Curr, Comm)	F&O (Eq, Curr, Comm) : -	F&O (Eq, Curr, Comm) : -

Axis Direct vs Nirmal Bang Orders

Orders

	Axis Direct	Nirmal Bang
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : No
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) : No
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) : Yes
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : Yes	Buy Today Sell Tomorrow (BTST) : No
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : Yes	Sell Today Buy Tomorrow (STBT) : No
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : Yes	Good Till Cancelled (GTC) : Yes

Axis Direct vs Nirmal Bang Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Axis Direct	Nirmal Bang
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : -
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : -
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : -
Comparison *	Comparison : Yes	Comparison : -
Free Tips *	Free Tips : Yes	Free Tips : -
Daily Market report *	Daily Market report : Yes	Daily Market report : -
ETF research *	ETF research : Yes	ETF research : -
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : -

Axis Direct vs Nirmal Bang Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Axis Direct	Nirmal Bang
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : Rs.1,00,000 to Rs.3,00,000	Investment required for Franchisee / AP : ₹50,000 to ₹2,50,000

Axis Direct vs Nirmal Bang Product & Services

Axis Direct and Nirmal Bang both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Axis Direct	Nirmal Bang
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : -
Margin Trading *	Margin Trading : Yes	Margin Trading : -
Call in Trade *	Call in Trade : Yes	Call in Trade : -
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : -
Limit Order *	Limit Order : Yes	Limit Order : -
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : Yes	3-in-1 On-line Trading Account : -
NRI Services *	NRI Services : Yes	NRI Services : -
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : -
Offers Multiple Plan *	Offers Multiple Plan : No	Offers Multiple Plan : -
IPO Investment *	IPO Investment : Yes	IPO Investment : -
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : -
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : -
Brokerage Calculator *	Brokerage Calculator : No	Brokerage Calculator : -
Margin Calculator *	Margin Calculator : No	Margin Calculator : -
Stop Loss Order *	Stop Loss Order : Yes	Stop Loss Order : -
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : No	Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading *	Equity Future & Option Trading : Yes	Equity Future & Option Trading : -
Currency Future & Option Trading *	Currency Future & Option Trading : Yes	Currency Future & Option Trading : -
Market Trading *	Market Trading : Yes	Market Trading : -
Monthly & Yearly Plan *	Monthly & Yearly Plan : No	Monthly & Yearly Plan : -
Aumtomated Trading *	Aumtomated Trading : No	Aumtomated Trading : -

Axis Direct vs Nirmal Bang Customer Services

Axis Direct and Nirmal Bang both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Axis Direct	Nirmal Bang
Toll Free Number *	Toll Free Number : Yes	Toll Free Number : -
Live Chat Facility *	Live Chat Facility : Yes	Live Chat Facility : -
Email Facility *	Email Facility : Yes	Email Facility : -
Branch Offices *	Branch Offices : Yes	Branch Offices : -
Customer Care *	Customer Care : Yes	Customer Care : -
Community Service *	Community Service : Yes	Community Service : -
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : -

Axis Direct vs Nirmal Bang Other Investement

Axis Direct and Nirmal Bang both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Axis Direct	Nirmal Bang
Commodity Trading *	Commodity Trading : No	Commodity Trading : -
Investment in ETFs *	Investment in ETFs : Yes	Investment in ETFs : -
Investment in Mutual Funds *	Investment in Mutual Funds : Yes	Investment in Mutual Funds : -
Investment in Bonds *	Investment in Bonds : Yes	Investment in Bonds : -
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : Yes	Investment in Corporate Debt instruments : -
Insurance Services *	Insurance Services : Yes	Insurance Services : -
Banking Services *	Banking Services : No	Banking Services : -

Axis Direct vs Nirmal Bang Trading PlatForm

Axis Direct and Nirmal Bang both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Axis Direct	Nirmal Bang
Web Platform *	Web Platform : Yes	Web Platform : -
Android Mobile App *	Android Mobile App : Yes	Android Mobile App : -
Desktop Windows *	Desktop Windows : Yes	Desktop Windows : -
Desktop Mac *	Desktop Mac : No	Desktop Mac : -
I-Pad App *	I-Pad App : Yes	I-Pad App : -
Virtual Trading *	Virtual Trading : No	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : -
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