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Angel Broking Vs Nirmal Bang Share Broker Comparison

The side-by-side comparison of Angel Broking Ltd and Nirmal Bang Securities Pvt Ltd stock brokers in India. The comparison below highlights the similarities and differences between Angel Broking and Nirmal Bang's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Angel Broking and Nirmal Bang.

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
 
Angel Broking Ltd Logo Nirmal Bang Securities Pvt Ltd Logo
About the Broker Incorporated in 1987, Angel Broking is one of the largest full-service retail brokers in India. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, lo... Know more about Angel Broking Ltd Incorporated in 1986, Nirmal Bang Securities Pvt Ltd., (Nirmal Bang) is amongst the top full-service broking houses, offering various financial products and services. The Nirmal Bang group of companies was founded by Nirmal Bang, Dilip Bang and Kisho... Know more about Nirmal Bang Securities Pvt Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX, NMCE
Account Type Angel iTrade Basic Plan
Broker Enquiry Open an Online Trading Account with Angel Broking. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Nirmal Bang. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Stock Broker Fees / Charges

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
Trading Account Opening Fees ₹600 Rs 0
Trading Account AMC ₹0 Rs 0
Demat Account Opening Fees ₹0 Rs 0
Demat Account AMC ₹450 (from 2nd year onwards) Rs 200
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
Account Type Angel iTrade Basic Plan
Fixed Charges
Equity Delivery Brokerage ₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) 0.2%
Equity Intraday Brokerage ₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) 0.02%
Equity Futures Brokerage Flat ₹30 per executed order 0.02%
Equity Options Brokerage Flat ₹30 per executed order Rs 35
Currency Futures Trading Brokerage Flat ₹30 per executed order 0.02%
Currency Options Trading Brokerage Flat ₹30 per executed order Rs 20
Commodity Futures Trading Brokerage Flat ₹30 per executed order 0.01%
Commodity Options Trading Brokerage Flat ₹30 per executed order

Other Charges

Minimum Brokerage Charges Equity ₹15 | F&O ₹30
Other Brokerage Charges
Call & Trade Charges Additional ₹20 per executed order
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Taxes

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
Equity Delivery NSE ₹325 per crore | BSE ₹325 per crore ₹390
Equity Intraday NSE ₹325 per crore | BSE ₹325 per crore ₹390
Equity Futures ₹190 per crore ₹240
Equity Options ₹5000 (on premium) per crore ₹5700
Currency Futures ₹190 per crore ₹240
Currency Options ₹5000 (on premium) per crore ₹5700
Commodity MCX ₹150 per crore | NCDEX ₹300 per crore ₹250
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Exposure

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
Equity Delivery Upto 3x with 24% interest per year upto 10x
Equity Intraday Upto 10x Upto 4x
Equity Futures Upto 4x Upto 4x
Equity Options 3x for shorting Upto 2x for shorting
Currency Futures Upto 2x Upto 2x for shorting
Currency Options Upto 5x for shorting Upto 3x
Commodity 3x Upto 3x
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Share Broker Features

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time 3:15 PM 3:15
Other Features Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency
Referral Program
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Broker Ratings (Average User Rating)

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
  173 Customer Reviews    Rate Angel Broking 14 Customer Reviews    Rate Nirmal Bang
Fees Ratings 3.1 3.7
Trading Brokerage Rating 3.1 3.5
Trading Platform Usability 3.2 2.7
Customer Service Ratings 2.8 2.5
Overall Ratings Rated 2.9 stars Rated 2.6 stars
Broker Rating Angel Broking is Rated 2.9 / 5 based on 173 customer reviews Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
Contact / Request Call Back
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Investment Options Available

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Customer Service Offered

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
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Order Type

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
Bracket Order No No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes Yes
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Research / Tips / Reports Published

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes

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Pros, Cons and Other Review Comments

  Angel Broking Ltd Nirmal Bang Securities Pvt Ltd
Pros
  1. Flat fee discount brokerage plan. Pay maximum of ₹30 per executed order.
  2. Allows trade in commodity exchanges, MCX and NCDEX
  3. Easy-to-use online trading platforms
  4. High Quality Research Reports
  5. Free trading software - mobile, website and trading terminal.

More Advantages...

  1. Low bandwidth option for anywhere access
  2. Free research report subscription
  3. 24X7 access to back-office
  4. Instant Fund transfer
  5. Multiple market watch facility with streaming quotes (Live Market Rates*)
  6. Trader can review their Margin Status, Holding Report, Order and Trade Book on a real time basis

More Advantages...

Cons

More Disadvantages...

  1. Nirmal Bang doesn't offer 3 in 1 account.
  2. Brokerage rates are negotiable.
  3. Nirmal Bang doesn't have Brokerage calculator and Margin Calculator.
  4. Instant Fund withdrawal is not available
  5. Nirmal Bang is a full services broker so the brokerage charged by them is higher than the discount brokers.

More Disadvantages...

Reviews
Promo / Offers

Discount Brokerage Trading Plan (Flat Rate Pricing)

Get full-service brokerage services with discount broker's pricing. Pay flat ₹15 to ₹30 per executed order and save over 60% brokerage (in comparison to other full-service brokers). Get high-quality research reports and personalized services for free. Request a callback today.

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