5Paisa vs Nirmal Bang – Compare Charges, Trading Features, Offers & more

Find a Comparison of 5Paisa vs Nirmal Bang here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of 5Paisa and Nirmal Bang.

Background

Year of Incorporation 2007 1996
Website https://www.5paisa.com/ https://www.nirmalbang.com/
Phone 89766 89766 022-3826 8600
Exchanges enabled NSE, BSE NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL
Brokerage

Equity Rs 20 per order 0.02% for Intraday, 0.2% for Delivery
Equity Futures Rs 20 per order 0.02% of Turnover
Equity Options Rs 20 per order Rs 35/lot
Currency Futures Rs 20 per order 0.02% of Turnover
Currency Options Rs 20 per order Rs 20/lot
Commodity Rs 20 per order 0.01% of Turnover
Account Opening Costs

Trading only Free NA
Trading & Demat Free NIL
Commodity Free NIL
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% on Turnover 0.0039% of Turnover
Futures 0.0021% on Contract Turnover 0.0024% of Turnover
Options 0.053% on Premium Turnover 0.057% of Premium Turnover
Commodities 0.0031% on Contract turnover 0.0025% of Turnover
AMC charge Rs 300 per year Rs 250/month
DP Transaction Charge Rs 12.5 per debit instruction 0.03% with Rs 25 minimum per debit instruction
Offline order placing Charge Rs 20 per executed order NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 365 days on Zerodha Pi 5 Days on ODIN
End of Day 10 years on Zerodha Pi 5 Years on ODIN
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 5x for intraday & 1x for Delivery Upto 10 times for Intraday, upto 4 times for Delivery @interest
Equity Futures Upto 2x intraday leverage Upto 4 times Intraday
Equity Options Buying no leverage, Shorting upto 5x leverage intrdaday Buying no Leverage, Shorting upto 2 times for Intraday
Currency Futures 1x intraday leverage Upto 3 times Intraday
Currency Options Buying no leverage, Shorting upto 2x intraday leverage Buying no Leverage, Shorting upto 2 times for Intraday
Commodity Upto 2x intraday leverage Upto 3times Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 12.53 Lakh Rs 7.4 Crores
Profit after Tax FY12/13 Rs 16.57 Lakh Rs 12.4 Crores
Profit after Tax FY13/14 Rs 15.13 Lakh Rs 4.2 Crores
Profit after Tax FY 14/15 Rs 23.69 Lakh Rs 2.37 Crores
Profit after Tax FY 15/16 Rs 19.69 Lakh Rs 4.99 Crores
Profit after Tax FY 16/17 Rs 16.62 Lakh Rs 5.73 Crores
Profit after Tax FY 17/18 Rs 23.00 Lakh Rs 6.00 Crores
Profit after Tax FY 18/19 Rs 21.18 Lakh Rs 7.69 Crores
Profit after Tax FY 19/20 Rs 20.71 Lakh Rs 7.70 Crores
Profit after Tax FY 20/21 Rs 22.81 Lakh Rs 9.18 Crores
Profit after Tax FY 21/22 Rs 30.18 Lakh Rs 10.87 Crores
Profit after Tax FY 22/23 Rs 29.48 Lakh Rs 10.53 Crores
Debt FY11/12 Rs 24.53 Lakh Rs 26.11 Crores
Debt FY12/13 Rs 29.87 Lakh Rs 24.88 Crores
Debt FY13/14 Rs 26.44 Lakh Rs 29.63 Crores
Debt FY14/15 Rs 32.35 Lakh Rs 28.17 Crores
Debt FY15/16 Rs 31.55 Lakh Rs 23.31 Crores
Debt FY16/17 Rs 31.59 Lakh Rs 23.31 Crores
Debt FY17/18 Rs 34.44 Lakh Rs 24.77 Crores
Debt FY18/19 Rs 38.04 Lakh Rs 31.61 Crores
Debt FY19/20 Rs 35.88 Lakh Rs 31.61 Crores
Debt FY20/21 Rs 42.27 Lakh Rs 32.85 Crores
Debt FY21/22 Rs 40.85 Lakh Rs 35.53 Crores
Debt FY22/23 Rs 44.35 Lakh Rs 35.53 Crores
Profit to Equity(%) FY11/12 44.15 8.54
Profit to Equity(%) FY12/13 40.37 7.63
Profit to Equity(%) FY13/14 39.43 11.44
Profit to Equity(%) FY14/15 45.22 11.54
Profit to Equity(%) FY15/16 42.44 11.15
Profit to Equity(%) FY16/17 48.43 10.77
Profit to Equity(%) FY17/18 46.75 13.53
Profit to Equity(%) FY18/19 46.08 13.53
Profit to Equity(%) FY19/20 47.00 14.08
Profit to Equity(%) FY20/21 54.81 16.72
Profit to Equity(%) FY21/22 50.42 19.10
Profit to Equity(%) FY22/23 50.80 19.10
Balance Sheet Size FY11/12 Rs 49.45 Lakh Rs 86.6 Crores
Balance Sheet Size FY12/13 Rs 54.96 Lakh Rs 93.5 Crores
Balance Sheet Size FY13/14 Rs 57.64 Lakh Rs 85.8 Crores
Balance Sheet Size FY14/15 Rs 51.94 Lakh Rs 67.96 Crores
Balance Sheet Size FY15/16 Rs 54.63 Lakh Rs 67.99 Crores
Balance Sheet Size FY16/17 Rs 59.80 Lakh Rs 57.95 Crores
Balance Sheet Size FY17/18 Rs 63.56 Lakh Rs 70.74 Crores
Balance Sheet Size FY18/19 Rs 60.17 Lakh Rs 74.82 Crores
Balance Sheet Size FY19/20 Rs 57.07 Lakh Rs 72.42 Crores
Balance Sheet Size FY20/21 Rs 62.60 Lakh Rs 91.92 Crores
Balance Sheet Size FY21/22 Rs 67.69 Lakh Rs 91.92 Crores
Balance Sheet Size FY22/23 Rs 67.75 Lakh Rs 92.02 Crores

Comparison Link:

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Frequently Asked Questions

Is 5Paisa better than Nirmal Bang ?

5Paisa and Nirmal Bang are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Nirmal Bang better than 5Paisa ?

5Paisa and Nirmal Bang are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is 5Paisa cheaper than Nirmal Bang ?

5Paisa and Nirmal Bang are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Nirmal Bang cheaper than 5Paisa ?

5Paisa and Nirmal Bang are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better 5Paisa vs. Nirmal Bang ?

To find out the better of the two stockbrokers 5Paisa and Nirmal Bang, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.