Nirmal Bang vs Shoonya by Finvasia – Compare Charges, Trading Features, Offers & more

Find a Comparison of Nirmal Bang vs Shoonya by Finvasia 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 Shoonya by Finvasia.

Background

Year of Incorporation 1996 2020
Website https://www.nirmalbang.com/ https://shoonya.com/
Phone 022-3826 8600 +91-172-474-0000
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX BSE, NSE, NCDEX, MCX
Demat (NSDL/CDSL) NSDL CDSL
Brokerage

Equity 0.02% for Intraday, 0.2% for Delivery 0
Equity Futures 0.02% of Turnover 0
Equity Options Rs 35/lot 0
Currency Futures 0.02% of Turnover 0
Currency Options Rs 20/lot 0
Commodity 0.01% of Turnover 0
Account Opening Costs

Trading only NA Free
Trading & Demat NIL Free
Commodity NIL Free
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
Futures 0.0024% of Turnover 0
Options 0.057% of Premium Turnover 0
Commodities 0.0025% of Turnover 0
AMC charge Rs 250/month 0
DP Transaction Charge 0.03% with Rs 25 minimum per debit instruction Rs 9 + GST
Offline order placing Charge NIL 0
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on ODIN Yes
End of Day 5 Years on ODIN Yes
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 1x on Delivery & Upto 2x on Intraday
Equity Futures Upto 4 times Intraday Upto 1x
Equity Options Buying no Leverage, Shorting upto 2 times for Intraday Upto 1.5x
Currency Futures Upto 3 times Intraday Upto 1.2x
Currency Options Buying no Leverage, Shorting upto 2 times for Intraday Upto 1.5x
Commodity Upto 3times Intraday Upto 1.5x
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 0
Profit after Tax FY12/13 Rs 12.4 Crores 0
Profit after Tax FY13/14 Rs 4.2 Crores 0
Profit after Tax FY 14/15 Rs 2.37 Crores 0
Profit after Tax FY 15/16 Rs 4.99 Crores 0
Profit after Tax FY 16/17 Rs 5.73 Crores 0
Profit after Tax FY 17/18 Rs 6.00 Crores 0
Profit after Tax FY 18/19 Rs 7.69 Crores 0
Profit after Tax FY 19/20 Rs 7.70 Crores Rs 140 Crores
Profit after Tax FY 20/21 Rs 9.18 Crores Rs 225.12 Crores
Profit after Tax FY 21/22 Rs 10.87 Crores Rs 248.93 Crores
Profit after Tax FY 22/23 Rs 10.53 Crores Rs 451.24 Crores
Debt FY11/12 Rs 26.11 Crores 0
Debt FY12/13 Rs 24.88 Crores 0
Debt FY13/14 Rs 29.63 Crores 0
Debt FY14/15 Rs 28.17 Crores 0
Debt FY15/16 Rs 23.31 Crores 0
Debt FY16/17 Rs 23.31 Crores 0
Debt FY17/18 Rs 24.77 Crores 0
Debt FY18/19 Rs 31.61 Crores 0
Debt FY19/20 Rs 31.61 Crores Rs 5.31 Crores
Debt FY20/21 Rs 32.85 Crores Rs 6.45 Crores
Debt FY21/22 Rs 35.53 Crores Rs 7.63 Crores
Debt FY22/23 Rs 35.53 Crores Rs 6.85 Crores
Profit to Equity(%) FY11/12 8.54 0
Profit to Equity(%) FY12/13 7.63 0
Profit to Equity(%) FY13/14 11.44 0
Profit to Equity(%) FY14/15 11.54 0
Profit to Equity(%) FY15/16 11.15 0
Profit to Equity(%) FY16/17 10.77 0
Profit to Equity(%) FY17/18 13.53 0
Profit to Equity(%) FY18/19 13.53 0
Profit to Equity(%) FY19/20 14.08 3.12%
Profit to Equity(%) FY20/21 16.72 2.75%
Profit to Equity(%) FY21/22 19.10 3.94%
Profit to Equity(%) FY22/23 19.10 4.31%
Balance Sheet Size FY11/12 Rs 86.6 Crores 0
Balance Sheet Size FY12/13 Rs 93.5 Crores 0
Balance Sheet Size FY13/14 Rs 85.8 Crores 0
Balance Sheet Size FY14/15 Rs 67.96 Crores 0
Balance Sheet Size FY15/16 Rs 67.99 Crores 0
Balance Sheet Size FY16/17 Rs 57.95 Crores 0
Balance Sheet Size FY17/18 Rs 70.74 Crores 0
Balance Sheet Size FY18/19 Rs 74.82 Crores 0
Balance Sheet Size FY19/20 Rs 72.42 Crores Rs 1503 Crores
Balance Sheet Size FY20/21 Rs 91.92 Crores Rs 2314 Crores
Balance Sheet Size FY21/22 Rs 91.92 Crores Rs 3287.21 Crores
Balance Sheet Size FY22/23 Rs 92.02 Crores Rs 4821.39 Crores

Comparison Link:

Compare Nirmal Bang Compare Shoonya by Finvasia
Nirmal Bang Vs Punch Trade Shoonya by Finvasia Vs Punch Trade
Nirmal Bang Vs BlinkX Shoonya by Finvasia Vs BlinkX
Nirmal Bang Vs Lemonn Shoonya by Finvasia Vs Lemonn
Nirmal Bang Vs Mandot Securities Shoonya by Finvasia Vs Mandot Securities
Nirmal Bang Vs HDFC Sky Shoonya by Finvasia Vs HDFC Sky
Nirmal Bang Vs Dhan Shoonya by Finvasia Vs Dhan
Nirmal Bang Vs Goodwill Wealth Shoonya by Finvasia Vs Goodwill Wealth
Nirmal Bang Vs NJ Wealth Shoonya by Finvasia Vs NJ Wealth
Nirmal Bang Vs Paytm Money Shoonya by Finvasia Vs Paytm Money
Nirmal Bang Vs Globe Capital Shoonya by Finvasia Vs Globe Capital
Nirmal Bang Vs Finvasia Shoonya by Finvasia Vs Finvasia
Nirmal Bang Vs Cholamandalam Securities Shoonya by Finvasia Vs Cholamandalam Securities
Nirmal Bang Vs Canara Bank Shoonya by Finvasia Vs Canara Bank
Nirmal Bang Vs Axis Direct Shoonya by Finvasia Vs Axis Direct
Nirmal Bang Vs Alice Blue Shoonya by Finvasia Vs Alice Blue
Nirmal Bang Vs 5Paisa Shoonya by Finvasia Vs 5Paisa
Nirmal Bang Vs M.stock Shoonya by Finvasia Vs M.stock
Nirmal Bang Vs WisdomCapital Shoonya by Finvasia Vs WisdomCapital
Nirmal Bang Vs Way2wealth Shoonya by Finvasia Vs Way2wealth
Nirmal Bang Vs Ventura Securities Shoonya by Finvasia Vs Ventura Securities
Nirmal Bang Vs Navia Markets Ltd Shoonya by Finvasia Vs Navia Markets Ltd
Nirmal Bang Vs Tradejini Shoonya by Finvasia Vs Tradejini
Nirmal Bang Vs Tata Securities Shoonya by Finvasia Vs Tata Securities
Nirmal Bang Vs Swastika Investmart Shoonya by Finvasia Vs Swastika Investmart
Nirmal Bang Vs SMC Global Shoonya by Finvasia Vs SMC Global
Nirmal Bang Vs SBICAP Securities Shoonya by Finvasia Vs SBICAP Securities
Nirmal Bang Vs SASOnline Shoonya by Finvasia Vs SASOnline
Nirmal Bang Vs Samco securities Shoonya by Finvasia Vs Samco securities
Nirmal Bang Vs RK Global Shoonya by Finvasia Vs RK Global
Nirmal Bang Vs Reliance Securities Shoonya by Finvasia Vs Reliance Securities
Nirmal Bang Vs Master Trust Capital Shoonya by Finvasia Vs Master Trust Capital
Nirmal Bang Vs Kotak Securities Shoonya by Finvasia Vs Kotak Securities
Nirmal Bang Vs Interactive Brokers Shoonya by Finvasia Vs Interactive Brokers
Nirmal Bang Vs IIFL Securities Shoonya by Finvasia Vs IIFL Securities
Nirmal Bang Vs Dhani Shoonya by Finvasia Vs Dhani
Nirmal Bang Vs IDBI Capital Shoonya by Finvasia Vs IDBI Capital
Nirmal Bang Vs HDFC Securities Shoonya by Finvasia Vs HDFC Securities
Nirmal Bang Vs Geojit Shoonya by Finvasia Vs Geojit
Nirmal Bang Vs Fyers Securities Shoonya by Finvasia Vs Fyers Securities
Nirmal Bang Vs Edelweiss Capital Shoonya by Finvasia Vs Edelweiss Capital
Nirmal Bang Vs Easytradez Shoonya by Finvasia Vs Easytradez
Nirmal Bang Vs Rupeezy Shoonya by Finvasia Vs Rupeezy
Nirmal Bang Vs Anand Rathi Shoonya by Finvasia Vs Anand Rathi
Nirmal Bang Vs Aditya Birla Money Shoonya by Finvasia Vs Aditya Birla Money
Nirmal Bang Vs Achiievers Shoonya by Finvasia Vs Achiievers
Nirmal Bang Vs Angel One Shoonya by Finvasia Vs Angel One
Nirmal Bang Vs Motilal Oswal Shoonya by Finvasia Vs Motilal Oswal
Nirmal Bang Vs ICICI Direct Shoonya by Finvasia Vs ICICI Direct
Nirmal Bang Vs Sharekhan Shoonya by Finvasia Vs Sharekhan
Nirmal Bang Vs Groww Shoonya by Finvasia Vs Groww
Nirmal Bang Vs Tradesmart Online Shoonya by Finvasia Vs Tradesmart Online
Nirmal Bang Vs Upstox Shoonya by Finvasia Vs Upstox
Nirmal Bang Vs Zerodha Shoonya by Finvasia Vs Zerodha

Frequently Asked Questions

Is Nirmal Bang better than Shoonya by Finvasia ?

Nirmal Bang and Shoonya by Finvasia 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 Shoonya by Finvasia better than Nirmal Bang ?

Nirmal Bang and Shoonya by Finvasia 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 Shoonya by Finvasia ?

Nirmal Bang and Shoonya by Finvasia 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 Shoonya by Finvasia cheaper than Nirmal Bang ?

Nirmal Bang and Shoonya by Finvasia 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. Shoonya by Finvasia ?

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