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Rating Index

Pros

Established experience in the industry since 1987, providing a range of financial services.

User-friendly trading platforms accessible on multiple devices without additional fees.

Competitive brokerage rates for various types of securities, including equities and commodities.

Cons

Lacks proper regulation, raising concerns about safety and trustworthiness.

Not compatible with popular trading platforms like MetaTrader 4 or 5.

No insurance for clients, leaving them vulnerable in case of issues with the broker.

Nirman broker Accounts

Nirman Broking Account Type

Nirman Broking offers two main types of accounts for its clients: Demat Account and Trading Account.

Demat Account:

Opening Charges: ₹0
Annual Maintenance Charges (AMC): ₹360 + GST per year

Trading Account:

Opening Charges: ₹0
Annual Maintenance Charges (AMC): Not applicable

Both accounts provide clients the ability to trade in various segments, including equity, currency, commodities, and derivatives. Additionally, Nirman Broking allows clients to invest in international stock markets.

Nirman Broking Broker Account Opening Process

Opening an account with Nirman Broking is a straightforward online process. Follow these steps to set up your Demat and Trading accounts:

Visit the Official Website: Go to Nirman Broking's official website.
Open Account: Click on the "Open Account" button located at the top-right corner of the homepage.
Mobile Verification: Enter your mobile number and click on "Send OTP" for verification.
PAN and DOB Details: Fill in your PAN and Date of Birth on the designated tab.
Terms & Conditions: Agree to the terms and conditions, then click "Submit" to proceed.
Select Trading Segment: Choose your preferred trading segment (equity, currency, futures, and options) and select a brokerage plan.
Payment: Click on "Pay" and complete the payment using your preferred mode.
KYC Completion: Complete KYC through DigiLocker for Aadhaar details.
Personal and Bank Details: Fill in your personal and bank details and click "Submit."
Document Upload: Upload your PAN copy, current signature, and bank proof documents.
Selfie for Verification: Take a selfie for a liveliness check and click "Submit & Continue."
Application Review: The KYC team will review your application, and you will receive an update on your registered email.
E-Sign Documents: Open the email you receive for e-signing and click on the link. E-sign the documents using Aadhaar OTP.
Confirmation: You will receive a confirmation message indicating that the process is complete. A username and password will be sent to your registered email or mobile number.