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

Find a Comparison of Nirmal Bang vs RK Global 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 RK Global.

Background

Year of Incorporation 1996 1995
Website https://www.nirmalbang.com/ https://www.rkglobal.net/
Phone 022-3826 8600 033-4004 0999
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX & NCDEX
Demat (NSDL/CDSL) NSDL NSDL
Brokerage

Equity 0.02% for Intraday, 0.2% for Delivery Rs 9 per trade
Equity Futures 0.02% of Turnover Rs 9 per trade
Equity Options Rs 35/lot Rs 9 per lot
Currency Futures 0.02% of Turnover Rs 9 per trade
Currency Options Rs 20/lot Rs 9 per lot
Commodity 0.01% of Turnover Rs 9 per lot
Account Opening Costs

Trading only NA Free
Trading & Demat NIL Rs 200
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%
Futures 0.0024% of Turnover 0.003% of Turnover
Options 0.057% of Premium Turnover 0.071% of Premium Turnover
Commodities 0.0025% of Turnover 0.003% of Turnover
AMC charge Rs 250/month Rs 250 per year
DP Transaction Charge 0.03% with Rs 25 minimum per debit instruction Rs 25 per Debit Transaction
Offline order placing Charge NIL Rs 30/Call n Trade
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on ODIN 10 Days on ODIN - Rental charges apply
End of Day 5 Years on ODIN 10 Years - Rental Charges apply
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 6x for Intraday
Equity Futures Upto 4 times Intraday Upto 3x Intraday Leverage
Equity Options Buying no Leverage, Shorting upto 2 times for Intraday No Leverage
Currency Futures Upto 3 times Intraday Upto 2x for Intraday
Currency Options Buying no Leverage, Shorting upto 2 times for Intraday No Leverage
Commodity Upto 3times Intraday Upto 2x 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 2.04 Crores
Profit after Tax FY12/13 Rs 12.4 Crores Rs 2.2 Crores
Profit after Tax FY13/14 Rs 4.2 Crores Rs 2.45 Crores
Profit after Tax FY 14/15 Rs 2.37 Crores Rs 4.46 Crores
Profit after Tax FY 15/16 Rs 4.99 Crores Rs 4.04 Crores
Profit after Tax FY 16/17 Rs 5.73 Crores Rs 5.34 Crores
Profit after Tax FY 17/18 Rs 6.00 Crores Rs 7.23 Crores
Profit after Tax FY 18/19 Rs 7.69 Crores Rs 8.72 Crores
Profit after Tax FY 19/20 Rs 7.70 Crores Rs 8.72 Crores
Profit after Tax FY 20/21 Rs 9.18 Crores Rs 10.52 Crores
Profit after Tax FY 21/22 Rs 10.87 Crores Rs 11.73 Crores
Profit after Tax FY 22/23 Rs 10.53 Crores Rs 12.89 Crores
Debt FY11/12 Rs 26.11 Crores Rs 9.97 Crores
Debt FY12/13 Rs 24.88 Crores Rs 3.09 Crores
Debt FY13/14 Rs 29.63 Crores Rs 6.39 Crores
Debt FY14/15 Rs 28.17 Crores Rs 8.39 Crores
Debt FY15/16 Rs 23.31 Crores Rs 7.16 Crores
Debt FY16/17 Rs 23.31 Crores Rs 10.67 Crores
Debt FY17/18 Rs 24.77 Crores Rs 12.99 Crores
Debt FY18/19 Rs 31.61 Crores Rs 12.57 Crores
Debt FY19/20 Rs 31.61 Crores Rs 14.18 Crores
Debt FY20/21 Rs 32.85 Crores Rs 13.76 Crores
Debt FY21/22 Rs 35.53 Crores Rs 13.19 Crores
Debt FY22/23 Rs 35.53 Crores Rs 18.88 Crores
Profit to Equity(%) FY11/12 8.54 19.34
Profit to Equity(%) FY12/13 7.63 13.89
Profit to Equity(%) FY13/14 11.44 19.09
Profit to Equity(%) FY14/15 11.54 17.25
Profit to Equity(%) FY15/16 11.15 20.99
Profit to Equity(%) FY16/17 10.77 17.47
Profit to Equity(%) FY17/18 13.53 22.42
Profit to Equity(%) FY18/19 13.53 21.06
Profit to Equity(%) FY19/20 14.08 27.18
Profit to Equity(%) FY20/21 16.72 25.25
Profit to Equity(%) FY21/22 19.10 33.85
Profit to Equity(%) FY22/23 19.10 29.80
Balance Sheet Size FY11/12 Rs 86.6 Crores Rs 73.8 Crores
Balance Sheet Size FY12/13 Rs 93.5 Crores Rs 80.5 Crores
Balance Sheet Size FY13/14 Rs 85.8 Crores Rs 77.72 Crores
Balance Sheet Size FY14/15 Rs 67.96 Crores Rs 68.17 Crores
Balance Sheet Size FY15/16 Rs 67.99 Crores Rs 89.54 Crores
Balance Sheet Size FY16/17 Rs 57.95 Crores Rs 80.07 Crores
Balance Sheet Size FY17/18 Rs 70.74 Crores Rs 77.17 Crores
Balance Sheet Size FY18/19 Rs 74.82 Crores Rs 109.49 Crores
Balance Sheet Size FY19/20 Rs 72.42 Crores Rs 108.23 Crores
Balance Sheet Size FY20/21 Rs 91.92 Crores Rs 77.59 Crores
Balance Sheet Size FY21/22 Rs 91.92 Crores Rs 128.68 Crores
Balance Sheet Size FY22/23 Rs 92.02 Crores Rs 113.99 Crores

Comparison Link:

Compare Nirmal Bang Compare RK Global
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Frequently Asked Questions

Is Nirmal Bang better than RK Global ?

Nirmal Bang and RK Global 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 RK Global better than Nirmal Bang ?

Nirmal Bang and RK Global 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 RK Global ?

Nirmal Bang and RK Global 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 RK Global cheaper than Nirmal Bang ?

Nirmal Bang and RK Global 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. RK Global ?

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