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Rupee Desk
91 brokers measured52 pricedmedian 6.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

Nirmal Bang — India

Key facts (8)

Who actually onboards you
Nirmal Bang Securities Pvt. Ltd
Licence number
INZ000202536
Established
1986
Min deposit, USD
not stated
Platforms
Beyond / Beyond Pro app · Beyond web · back-office app
Local funding
UPI, net-banking.
Max leverage
not stated
EURUSD
not priced

This broker against the India middle (52 of 91)

Nirmal BangIndia median
Round turn, USDnot priced6.0 USD
Min deposit, USDno data30.0 USD
Max leverageno data500.0geo
Withdrawal, hsame day if placed before 3 p.m. hgroup48.0 h
EURUSD, standardnot priced1.0 pips
EURUSD, rawnot priced0.0 pips
Established19862008.0
Platforms33

Accepts residents of India

Yes

Score (4/6 axes)

no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
INZ000202536
Checked
2026-07-09

Register

Who actually onboards you

Nirmal Bang Securities Pvt. Ltd

Entity not established

Nirmal Bang Securities Pvt. Ltd.

Public rating and its base

Reviews
no data

Round turn against the local middle (52 of 91)

Round turn, USD
not priced
Median
6.0 USD

Getting money out

Withdrawal, h
same day if placed before 3 p.m. hgroup

From the entry account upwards

Demat+Trading; percentage-based plan (also flat option).

Terminals, markets, instrument counts (3)

Beyond / Beyond Pro app · Beyond web · back-office app

Equity, F&O, currency, commodity, MF, IPO, insurance.

What works and what to watch

Pros (2)

  • Licensed locally: INZ000202536
  • Withdrawal published at same day if placed before 3 p.m. h

Cons (2)

  • No public review-platform rating, so the review axis is absent
  • Minimum deposit for this country not published

Profits, and what India takes

Exchange-traded currency futures & options profit is generally treated as non-speculative business income and taxed at the individual's income-tax slab rates (as of the review). Intraday speculative positions are speculative business income (losses set off only against speculative income, carry-forward 4 years) vs non-speculative losses carry-forward 8 years. A 20% TCS applies on LRS foreign remit

Where it does not serve

no data

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-09

FAQ (4)

Does Nirmal Bang accept residents of India?

Yes.

Which entity onboards a India client of Nirmal Bang?

Nirmal Bang Securities Pvt. Ltd

What licence does Nirmal Bang hold for India?

Licence INZ000202536.

How long does a withdrawal from Nirmal Bang take?

same day if placed before 3 p.m. hours as published. Withdrawal requests can be placed online and are processed on the same day if they are placed before the given time, i.e., 3 p.m.