Angel Broking Vs Nirmal Bang (Compare Angel Broking and Nirmal Bang)

Angel Broking Vs Nirmal Bang

Incorporated in 1987, Angel Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 900 branches across India. Incorporated in 1986, Nirmal Bang is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, NMCE. It has 2000 branches across India.

	Angel Broking	Nirmal Bang
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX, NCDEX, NMCE
Account Type	Angel iTrade PRIME	Basic Plan
Year of Incorporation	1987	1986
Number of Branches	900	2000
Broker Enquiry
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Angel Broking Vs Nirmal Bang Charges & AMC

Angel Broking trading account opening charges is ₹600 while Nirmal Bang account opening changes is ₹0. Angel Broking Demat Account AMC Charges is ₹450 (from 2nd year onwards) and Nirmal Bang Demat Account AMC Charges is ₹200.

	Angel Broking	Nirmal Bang
Trading Account Opening Charges	₹600	₹0
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account AMC Charges	₹450 (from 2nd year onwards)	₹200

Angel Broking Vs Nirmal Bang Brokerage

Angel Broking brokerage charges for equity is ₹0 (Free) and intraday is Flat ₹20 per executed order whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

	Angel Broking	Nirmal Bang
Account Type	Angel iTrade PRIME	Basic Plan
Fixed Charges
Equity Delivery Brokerage	₹0 (Free)	0.2%
Equity Intraday Brokerage	Flat ₹20 per executed order	0.02%
Equity Futures Brokerage	Flat ₹20 per executed order	0.02%
Equity Options Brokerage	Flat ₹20 per executed order	₹35
Currency Futures Trading Brokerage	Flat ₹20 per executed order	0.02%
Currency Options Trading Brokerage	Flat ₹20 per executed order	₹20
Commodity Futures Trading Brokerage	Flat ₹20 per executed order	0.01%
Commodity Options Trading Brokerage	Flat ₹20 per executed order
Special Offer	Special Offer: Free equity delivery trading (truly no brokerage) and Flat ₹20 Intraday and F&O trade brokerage. Get the offer

Angel Broking Charges Vs Nirmal Bang

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

Angel Broking Vs Nirmal Bang Transaction Charges

Angel Broking transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium) while Nirmal Bang exchange transaction charges for options is ₹5700.

	Angel Broking	Nirmal Bang
Equity Delivery	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	₹390
Equity Intraday	NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)	₹390
Equity Futures	NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)	₹240
Equity Options	NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)	₹5700
Currency Futures	₹190 per Cr (0.0019%)	₹240
Currency Options	NSE ₹5000 per Cr (0.05%)(on premium)	₹5700
Commodity	MCX ₹150 per Cr (0.0015%) | NCDEX ₹300 per Cr (0.003%)	₹250
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Angel Broking Vs Nirmal Bang Leverage (Margin)

Angel Broking provides the margin of Upto 10x for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.

	Angel Broking	Nirmal Bang
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 Futures	3x	Upto 3x
Commodity Options
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Compare Angel Broking and Nirmal Bang Features

The trading platforms offered Angel Broking include Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal). Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.

	Angel Broking	Nirmal Bang
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
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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Angel Broking Vs Nirmal Bang Review

Angel Broking is rated 2.8 of 5 based on 200 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews.

	Angel Broking	Nirmal Bang
	200 Customer Reviews	16 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Angel Broking is rated 2.8 of 5 based on 200 customer reviews	Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews

Angel Broking Vs Nirmal Bang Investment Options

	Angel Broking	Nirmal Bang
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Angel Broking Vs Nirmal Bang Order Type Offered

	Angel Broking	Nirmal Bang
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Angel Broking Vs Nirmal Bang Research Report

	Angel Broking	Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Angel Broking Vs Nirmal Bang Suitable For Investor Type

	Angel Broking	Nirmal Bang
Casual Investor
Active Investor
Trader

Angel Broking Vs Nirmal Bang - Pros and Cons

	Angel Broking	Nirmal Bang
Pros	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Pay flat ₹20 per executed order across segments including Equity Intraday, F&O, Currency and Commodity. Allows trade in commodity exchanges, MCX and NCDEX Easy-to-use online trading platforms High Quality Research Reports Free trading software - mobile, website and trading terminal.	Low bandwidth option for anywhere access Free research report subscription 24X7 access to back-office Instant Fund transfer Multiple market watch facility with streaming quotes (Live Market Rates*) Trader can review their Margin Status, Holding Report, Order and Trade Book on a real time basis
Cons		Nirmal Bang doesn't offer 3 in 1 account. Brokerage rates are negotiable. Nirmal Bang doesn't have Brokerage calculator and Margin Calculator. Instant Fund withdrawal is not available Nirmal Bang is a full services broker so the brokerage charged by them is higher than the discount brokers.
Reviews
Promo / Offers	Discount Brokerage Trading Plan (Flat Rate Pricing) Get full-service brokerage plan with discount broker pricing. Brokerage free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. To open an account with Zerodha, simply leave your contact information with us and Angel Broking representatives will call you.
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