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

Find a Comparison of Nirmal Bang vs Dhani 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 Dhani.

Background

Year of Incorporation 1996 2000
Website https://www.nirmalbang.com/ https://www.dhani.com/
Phone 022-3826 8600 1800 572 7777
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL NSDL, CDSL
Brokerage

Equity 0.02% for Intraday, 0.2% for Delivery 0.03% for Intraday & 0.3% for Delivery - Negotiable
Equity Futures 0.02% of Turnover 0.03% of Turnover - Negotiable
Equity Options Rs 35/lot Rs 100/lot - Negotiable
Currency Futures 0.02% of Turnover 0.03% of Turnover - Negotiable
Currency Options Rs 20/lot Rs 100/lot - Negotiable
Commodity 0.01% of Turnover 0.03% of Turnover - Negotiable
Account Opening Costs

Trading only NA NA
Trading & Demat NIL Rs 750
Commodity NIL Rs 250
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%
Futures 0.0024% of Turnover 0.0025%
Options 0.057% of Premium Turnover 0.055%
Commodities 0.0025% of Turnover 0.003%
AMC charge Rs 250/month Rs 450/Year
DP Transaction Charge 0.03% with Rs 25 minimum per debit instruction Rs 15 or 0.02% per debit transaction, whichever is higher
Offline order placing Charge NIL NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on ODIN 15 Days on Power India Bulls, Rs 750 one time cost
End of Day 5 Years on ODIN 7 years on Power India Bulls, Rs 750 one time cost
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 10 times for Intraday, Upto 3 times Delivery@interest
Equity Futures Upto 4 times Intraday Upto 3 times for Intraday
Equity Options Buying no Leverage, Shorting upto 2 times for Intraday No leverage for Buying, Upto 3 times for Shorting Intraday
Currency Futures Upto 3 times Intraday No Leverage
Currency Options Buying no Leverage, Shorting upto 2 times for Intraday No Leverage
Commodity Upto 3times Intraday Upto 3 times 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 9.8 Crores
Profit after Tax FY12/13 Rs 12.4 Crores Rs 54.9 Crores
Profit after Tax FY13/14 Rs 4.2 Crores Rs 87.5 Crores
Profit after Tax FY 14/15 Rs 2.37 Crores Rs 100.52 Crores
Profit after Tax FY 15/16 Rs 4.99 Crores Rs 153.58 Crores
Profit after Tax FY 16/17 Rs 5.73 Crores Rs 146.32 Crores
Profit after Tax FY 17/18 Rs 6.00 Crores Rs 142.79 Crores
Profit after Tax FY 18/19 Rs 7.69 Crores Rs 170.97 Crores
Profit after Tax FY 19/20 Rs 7.70 Crores Rs 134.76 Crores
Profit after Tax FY 20/21 Rs 9.18 Crores Rs 154.27 Crores
Profit after Tax FY 21/22 Rs 10.87 Crores Rs 141.34 Crores
Profit after Tax FY 22/23 Rs 10.53 Crores Rs 134.44 Crores
Debt FY11/12 Rs 26.11 Crores Rs 36.5 Crores
Debt FY12/13 Rs 24.88 Crores Rs 136 Crores
Debt FY13/14 Rs 29.63 Crores Rs 247 Crores
Debt FY14/15 Rs 28.17 Crores Rs 296.57 Crores
Debt FY15/16 Rs 23.31 Crores Rs 277.52 Crores
Debt FY16/17 Rs 23.31 Crores Rs 340.00 Crores
Debt FY17/18 Rs 24.77 Crores Rs 376.68 Crores
Debt FY18/19 Rs 31.61 Crores Rs 435.24 Crores
Debt FY19/20 Rs 31.61 Crores Rs 407.08 Crores
Debt FY20/21 Rs 32.85 Crores Rs 420.60 Crores
Debt FY21/22 Rs 35.53 Crores Rs 478.89 Crores
Debt FY22/23 Rs 35.53 Crores Rs 511.14 Crores
Profit to Equity(%) FY11/12 8.54 4.95
Profit to Equity(%) FY12/13 7.63 25.93
Profit to Equity(%) FY13/14 11.44 41.48
Profit to Equity(%) FY14/15 11.54 48.65
Profit to Equity(%) FY15/16 11.15 68.74
Profit to Equity(%) FY16/17 10.77 65.82
Profit to Equity(%) FY17/18 13.53 57.86
Profit to Equity(%) FY18/19 13.53 76.46
Profit to Equity(%) FY19/20 14.08 86.29
Profit to Equity(%) FY20/21 16.72 74.06
Profit to Equity(%) FY21/22 19.10 62.02
Profit to Equity(%) FY22/23 19.10 59.51
Balance Sheet Size FY11/12 Rs 86.6 Crores Rs 514 Crores
Balance Sheet Size FY12/13 Rs 93.5 Crores Rs 504 Crores
Balance Sheet Size FY13/14 Rs 85.8 Crores Rs 598 Crores
Balance Sheet Size FY14/15 Rs 67.96 Crores Rs 644.21 Crores
Balance Sheet Size FY15/16 Rs 67.99 Crores Rs 612.09 Crores
Balance Sheet Size FY16/17 Rs 57.95 Crores Rs 645.88 Crores
Balance Sheet Size FY17/18 Rs 70.74 Crores Rs 638.99 Crores
Balance Sheet Size FY18/19 Rs 74.82 Crores Rs 796.73 Crores
Balance Sheet Size FY19/20 Rs 72.42 Crores Rs 845.09 Crores
Balance Sheet Size FY20/21 Rs 91.92 Crores Rs 998.92 Crores
Balance Sheet Size FY21/22 Rs 91.92 Crores Rs 1202.17 Crores
Balance Sheet Size FY22/23 Rs 92.02 Crores Rs 1225.98 Crores

Comparison Link:

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Frequently Asked Questions

Is Nirmal Bang better than Dhani ?

Nirmal Bang and Dhani 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 Dhani better than Nirmal Bang ?

Nirmal Bang and Dhani 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 Dhani ?

Nirmal Bang and Dhani 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 Dhani cheaper than Nirmal Bang ?

Nirmal Bang and Dhani 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. Dhani ?

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