Nirmal Bang

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

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.

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)

Non-Trading Fees