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

Find a Comparison of Nirmal Bang vs Angel Broking 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 Nirmal Bang and Angel Broking .

Background

Year of Incorporation 1996 1987
Website https://www.nirmalbang.com/ https://www.angelone.in/
Phone 022-3826 8600 18001020
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL CDSL
Brokerage

Equity 0.02% for Intraday, 0.2% for Delivery Rs 20 or 0.03% per executed order
Equity Futures 0.02% of Turnover Rs 20 per executed order
Equity Options Rs 35/lot Rs 20 per executed order
Currency Futures 0.02% of Turnover Rs 20 per executed order
Currency Options Rs 20/lot Rs 20 per executed order
Commodity 0.01% of Turnover Rs 20 per executed order
Account Opening Costs

Trading only NA Free
Trading & Demat NIL Rs 0
Commodity NIL Rs 200
Transparency & other costs

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

Equity 0.0039% of Turnover 0.00325% of Turnover
Futures 0.0024% of Turnover 0.0025% of Turnover
Options 0.057% of Premium Turnover 0.06% of Premium Turnover
Commodities 0.0025% of Turnover 0.003% of Turnover
AMC charge Rs 250/month Rs 250
DP Transaction Charge 0.03% with Rs 25 minimum per debit instruction Rs 25 per debit Transaction
Offline order placing Charge NIL Nil
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on ODIN 5 Days on ODIN
End of Day 5 Years on ODIN 5 Years on ODIN
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10 times for Intraday, upto 4 times for Delivery @interest Upto 10x
Equity Futures Upto 4 times Intraday Upto 4x for Intraday
Equity Options Buying no Leverage, Shorting upto 2 times for Intraday Upto 3x for Shorting Intraday
Currency Futures Upto 3 times Intraday Upto 2x for Intraday
Currency Options Buying no Leverage, Shorting upto 2 times for Intraday Upto 2x for Shorting Intraday
Commodity Upto 3times Intraday Upto 3x for 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 7.4 Crores Rs 20.3 Crores
Profit after Tax FY12/13 Rs 12.4 Crores Rs 23.6 Crores
Profit after Tax FY13/14 Rs 4.2 Crores Rs 17.51 Crores
Profit after Tax FY 14/15 Rs 2.37 Crores Rs 42.95 Crores
Profit after Tax FY 15/16 Rs 4.99 Crores Rs 55.74 Crores
Profit after Tax FY 16/17 Rs 5.73 Crores Rs 78.58 Crores
Profit after Tax FY 17/18 Rs 6.00 Crores Rs 58.18 Crores
Profit after Tax FY 18/19 Rs 7.69 Crores Rs 43.62 Crores
Profit after Tax FY 19/20 Rs 7.70 Crores Rs 63.06 Crores
Profit after Tax FY 20/21 Rs 9.18 Crores Rs 53.88 Crores
Profit after Tax FY 21/22 Rs 10.87 Crores Rs 62.39 Crores
Profit after Tax FY 22/23 Rs 10.53 Crores Rs 76.90 Crores
Debt FY11/12 Rs 26.11 Crores Rs 50.5 Crores
Debt FY12/13 Rs 24.88 Crores Rs 144.7 Crores
Debt FY13/14 Rs 29.63 Crores Rs 141.6 Crores
Debt FY14/15 Rs 28.17 Crores Rs 151 Crores
Debt FY15/16 Rs 23.31 Crores Rs 263.50 Crores
Debt FY16/17 Rs 23.31 Crores Rs 169.12 Crores
Debt FY17/18 Rs 24.77 Crores Rs 217.15 Crores
Debt FY18/19 Rs 31.61 Crores Rs 292.02 Crores
Debt FY19/20 Rs 31.61 Crores Rs 228.87 Crores
Debt FY20/21 Rs 32.85 Crores Rs 293.81 Crores
Debt FY21/22 Rs 35.53 Crores Rs 188.15 Crores
Debt FY22/23 Rs 35.53 Crores Rs 298.29 Crores
Profit to Equity(%) FY11/12 8.54 38.7
Profit to Equity(%) FY12/13 7.63 7.9
Profit to Equity(%) FY13/14 11.44 5.61
Profit to Equity(%) FY14/15 11.54 14
Profit to Equity(%) FY15/16 11.15 18.51
Profit to Equity(%) FY16/17 10.77 17.08
Profit to Equity(%) FY17/18 13.53 18.64
Profit to Equity(%) FY18/19 13.53 17.14
Profit to Equity(%) FY19/20 14.08 17.65
Profit to Equity(%) FY20/21 16.72 17.30
Profit to Equity(%) FY21/22 19.10 26.47
Profit to Equity(%) FY22/23 19.10 22.18
Balance Sheet Size FY11/12 Rs 86.6 Crores Rs 442 Crores
Balance Sheet Size FY12/13 Rs 93.5 Crores Rs 960 Crores
Balance Sheet Size FY13/14 Rs 85.8 Crores Rs 850 Crores
Balance Sheet Size FY14/15 Rs 67.96 Crores Rs 862 Crores
Balance Sheet Size FY15/16 Rs 67.99 Crores Rs 1494.35 Crores
Balance Sheet Size FY16/17 Rs 57.95 Crores Rs 1695.90 Crores
Balance Sheet Size FY17/18 Rs 70.74 Crores Rs 1665.87 Crores
Balance Sheet Size FY18/19 Rs 74.82 Crores Rs 1602.03 Crores
Balance Sheet Size FY19/20 Rs 72.42 Crores Rs 1689.93 Crores
Balance Sheet Size FY20/21 Rs 91.92 Crores Rs 1709.36 Crores
Balance Sheet Size FY21/22 Rs 91.92 Crores Rs 1707.91 Crores
Balance Sheet Size FY22/23 Rs 92.02 Crores Rs 1771.80 Crores

Comparison Link:

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Frequently Asked Questions

Is Nirmal Bang better than Angel Broking ?

Nirmal Bang and Angel Broking 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 Angel Broking better than Nirmal Bang ?

Nirmal Bang and Angel Broking 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 cheaper than Angel Broking ?

Nirmal Bang and Angel Broking 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 Angel Broking cheaper than Nirmal Bang ?

Nirmal Bang and Angel Broking 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 Nirmal Bang vs. Angel Broking ?

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