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

Find a Comparison of Achiievers 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 Achiievers and Nirmal Bang.

Background

Year of Incorporation 1999 1996
Website https://www.achiieversequitiesltd.com/ https://www.nirmalbang.com/
Phone +91-33-6606-3000 022-3826 8600
Exchanges enabled NSE, BSE, & MCX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL
Brokerage

Equity Rs 15 or 0.05% per executed order 0.02% for Intraday, 0.2% for Delivery
Equity Futures Rs.15 per executed order 0.02% of Turnover
Equity Options Rs.15 per executed order Rs 35/lot
Currency Futures Rs.15 per executed order 0.02% of Turnover
Currency Options Rs.15 per executed order Rs 20/lot
Commodity Rs.15 per executed order 0.01% of Turnover
Account Opening Costs

Trading only Rs 750 NA
Trading & Demat Rs 750 NIL
Commodity Rs 300 NIL
Transparency & other costs

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

Equity 0.0035% of Turnover 0.0039% of Turnover
Futures 0.0039% of Turnover 0.0024% of Turnover
Options 0.075% of Premium Turnover 0.057% of Premium Turnover
Commodities 0.0046% of Turnover 0.0025% of Turnover
AMC charge Free Rs 250/month
DP Transaction Charge Rs 12 + Rs 5.5 per scrip 0.03% with Rs 25 minimum per debit instruction
Offline order placing Charge Nil NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on NOW & 5 Day on ODIN (MCX) 5 Days on ODIN
End of Day 10 years NOW & 5 years on ODIN (MCX) 5 Years on ODIN
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 2x for Delivery & Upto 5x for Intraday Upto 10 times for Intraday, upto 4 times for Delivery @interest
Equity Futures Upto 3x Upto 4 times Intraday
Equity Options Upto 3x Buying no Leverage, Shorting upto 2 times for Intraday
Currency Futures Upto 2x Upto 3 times Intraday
Currency Options Upto 2x Buying no Leverage, Shorting upto 2 times for Intraday
Commodity Upto 2x 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 19 Lakhs Rs 7.4 Crores
Profit after Tax FY12/13 Rs 1.1 Lakh Rs 12.4 Crores
Profit after Tax FY13/14 Rs 1.9 Lakhs Rs 4.2 Crores
Profit after Tax FY 14/15 Rs 4.9 Lakhs Rs 2.37 Crores
Profit after Tax FY 15/16 Rs 5.3 Lakhs Rs 4.99 Crores
Profit after Tax FY 16/17 Rs 5.9 Lakhs Rs 5.73 Crores
Profit after Tax FY 17/18 Rs 22.18 Lakhs Rs 6.00 Crores
Profit after Tax FY 18/19 Rs 29.26 Lakhs Rs 7.69 Crores
Profit after Tax FY 19/20 Rs 38 Lakhs Rs 7.70 Crores
Profit after Tax FY 20/21 Rs 55 Lakhs Rs 9.18 Crores
Profit after Tax FY 21/22 Rs 70 Lakhs Rs 10.87 Crores
Profit after Tax FY 22/23 Rs 93 Lakhs Rs 10.53 Crores
Debt FY11/12 Rs 54.7 Lakhs Rs 26.11 Crores
Debt FY12/13 Rs 60.3 Lakhs Rs 24.88 Crores
Debt FY13/14 Rs 71.9 Lakhs Rs 29.63 Crores
Debt FY14/15 Rs 1.5 Crores Rs 28.17 Crores
Debt FY15/16 Rs 1.8 Crores Rs 23.31 Crores
Debt FY16/17 Rs 2.1 Crores Rs 23.31 Crores
Debt FY17/18 Rs 2.4 Crores Rs 24.77 Crores
Debt FY18/19 Rs 2.7 Crores Rs 31.61 Crores
Debt FY19/20 Rs 2.9 Crores Rs 31.61 Crores
Debt FY20/21 Rs 3.3 Crores Rs 32.85 Crores
Debt FY21/22 Rs 3.7 Crores Rs 35.53 Crores
Debt FY22/23 Rs 4.1 Crores Rs 35.53 Crores
Profit to Equity(%) FY11/12 10.35% 8.54
Profit to Equity(%) FY12/13 10.26% 7.63
Profit to Equity(%) FY13/14 12.41% 11.44
Profit to Equity(%) FY14/15 14.00% 11.54
Profit to Equity(%) FY15/16 18.45% 11.15
Profit to Equity(%) FY16/17 20.01% 10.77
Profit to Equity(%) FY17/18 21.45% 13.53
Profit to Equity(%) FY18/19 23.99% 13.53
Profit to Equity(%) FY19/20 26.17% 14.08
Profit to Equity(%) FY20/21 23.55% 16.72
Profit to Equity(%) FY21/22 24.98% 19.10
Profit to Equity(%) FY22/23 24.22% 19.10
Balance Sheet Size FY11/12 Rs 7.23 Crores Rs 86.6 Crores
Balance Sheet Size FY12/13 Rs 8.81 Crores Rs 93.5 Crores
Balance Sheet Size FY13/14 Rs 13.6 Crores Rs 85.8 Crores
Balance Sheet Size FY14/15 Rs 17.1 Crores Rs 67.96 Crores
Balance Sheet Size FY15/16 Rs 17.55 Crores Rs 67.99 Crores
Balance Sheet Size FY16/17 Rs 17.87 Crores Rs 57.95 Crores
Balance Sheet Size FY17/18 Rs 18.25 Crores Rs 70.74 Crores
Balance Sheet Size FY18/19 Rs 18.99 Crores Rs 74.82 Crores
Balance Sheet Size FY19/20 Rs 19.23 Crores Rs 72.42 Crores
Balance Sheet Size FY20/21 Rs 19.75 Crores Rs 91.92 Crores
Balance Sheet Size FY21/22 Rs 19.99 Crores Rs 91.92 Crores
Balance Sheet Size FY22/23 Rs 20.43 Crores Rs 92.02 Crores

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Frequently Asked Questions

Is Achiievers better than Nirmal Bang ?

Achiievers 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 Achiievers ?

Achiievers 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 Achiievers cheaper than Nirmal Bang ?

Achiievers 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 Achiievers ?

Achiievers 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 Achiievers vs. Nirmal Bang ?

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