Nirmal Bang

WikiFX | 2025-01-13 16:39

摘要：Nirmal Bang is a financial services firm that offers a wide array of products and services in the financial markets. With a diverse range of offerings, Nirmal Bang caters to the needs of both retail and institutional investors. Their services encompass equity and derivatives trading, forex trading, commodity trading, institutional broking, depository services, loan against securities, and algo trading. Additionally, they provide multiple trading platforms to accommodate various investment styles and preferences, including ODIN, NET, Beyond Mobile App, and LD Rakshak.

Nirmal Bang Review Summary
Founded	2000
Registered Country/Region	India
Regulation	Unregulated
Market Instruments	Equity & Derivatives, Forex, Commodities, Institutional Broking, Depository Services, Loan Against Securities
Demo Account	✅
Leverage	/
Spread	Equity Intraday: 0.03%-0.05%; Delivery: 0.3%-0.5%
Trading Platform	Proprietary Trading Software, Web-Based Trading Platform
Min Deposit	₹0 for account creation; PMS accounts may require higher minimums
Customer Support	- Email: support@nirmalbang.com
Customer Support	- Phone: +91-22-68207000 / +91-9082846200

Nirmal Bang Information

Providing a broad spectrum of financial services including stock, derivatives, FX, and commodities trading, Nirmal Bang is an India-based broker. Although it provides institutional broking and thorough portfolio management tools (PMS), traders run a possible risk from the absence of control.

Pros and Cons

Pros	Cons
Market instruments include stock, currency, and commodities	Unregulated
Low brokerage rates for intraday and delivery trading	Limited information about trading platform features
No charges for deposits or withdrawals	High performance fees for portfolio management services (PMS)

Is Nirmal Bang Legit?

India-based Nirmal Bang is unregulated by financial authorities. Its operations are not regulated by the FCA or ASIC.

Registered on January 20, 2000, the domain nirmalbang.com expires on January 20, 2029.

What Can I Trade on Nirmal Bang?

Offering a wide spectrum of trading and investing solutions, Nirmal Bang meets different financial needs. These comprise institutional broking, commodities trading, forex trading, and stock and derivative trading.

Tradable Instruments	Supported
Equity & Derivatives	✔
Forex Trading	✔
Commodity Trading	✔
Institutional Broking	✔
Depository Services	✔
Loan Against Securities	✔

Account Types

The platform primarily supports Demat and Broking Accounts for trading in equity, derivatives, commodities, and forex.

Nirmal Bang Fees

Spreads & Brokerage

Charges vary based on account type and trading volume.

Equity intraday brokerage typically ranges from 0.03% to 0.05%.

Delivery brokerage ranges from 0.3% to 0.5%.

Management & Transaction Fees

Portfolio Management Services (PMS):

Management Fees: 2% annually on daily weighted average assets.

Performance Fee: Charged at 10% above the hurdle rate (typically 10% portfolio returns).

Example (Year 1 Hybrid Fee Illustration):

Total Charges: ₹1,78,106 (management + brokerage + performance fees).

Net Portfolio Return: 16.44% after all fees.

Example Breakdown of PMS Fees (Year 1 Illustration)

Fee Component	Amount (₹)
Management Fees (2%)	1,09,340
Brokerage & Transaction Costs	5,500
Other Expenses	27,500
Performance Fees (10% above Hurdle Rate)	35,766
Total Fees	1,78,106

Non-Trading Fees

Deposit Fee	₹0	No charges for deposits.
Withdrawal Fee	₹0	No charges for withdrawals.
Inactivity Fee	Not Specified	Applicable for dormant accounts (if any).
Deposit Fee	₹0	No charges for deposits.