Angel Broking Vs Nirmal Bang (Compare Angel Broking and Nirmal Bang)
The side-by-side comparison of Angel Broking and Nirmal Bang. Compare Angel Broking Vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Nirmal Bang and Angel Broking review.
Find out Angel Broking Vs Nirmal Bang which is better and Angel Broking Vs Nirmal Bang which is best.
Our Angel Broking Ltd comparison with Nirmal Bang Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Angel Broking and Nirmal Bang.
Angel Broking Vs Nirmal Bang
Angel Broking
Nirmal Bang
Find more info about broker
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...
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...
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
Year of Incorporation
1987
1986
Number of Branches
900
2000
Enquire Angel Broking
Enquire Nirmal Bang
Angel Broking Vs Nirmal Bang Charges
Angel Broking
Nirmal Bang
Trading Account Opening Fees
₹600
₹0
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹450 (from 2nd year onwards)
₹200
Demat Account is Mandatory?
No
No
Angel Broking Vs Nirmal Bang Brokerage
Brokerage Plan 1
Angel Broking
Nirmal Bang
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
₹35
Currency Futures Trading Brokerage
Flat ₹30 per executed order
0.02%
Currency Options Trading Brokerage
Flat ₹30 per executed order
₹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
Angel Broking Vs Nirmal Bang Taxes
Angel Broking
Nirmal Bang
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Angel Broking Vs Nirmal Bang Transaction Charges
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
Angel Broking Vs Nirmal Bang Exposure Margin
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
Angel Broking and Nirmal Bang Feature Comparison
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
Angel Broking Vs Nirmal Bang Review
Angel Broking
Nirmal Bang
182 Customer Reviews
14 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Angel Broking is Rated 2.9 / 5 based on 182 customer reviews Nirmal Bang is Rated 2.6 / 5 based on 14 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 Customer Service
Angel Broking
Nirmal Bang
24/7 Customer Service
Onine Live Chat
Through Branches
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)
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 - Advantages and Disadvantages
Angel Broking
Nirmal Bang
Pros
Flat fee discount brokerage plan. Pay maximum of ₹30 per executed order.
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.
More Advantages...
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
More Advantages...
Cons
More Disadvantages...
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.
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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