Zerodha Vs Bonanza
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Bonanza
Bonanza Review gives an overall view and updates about the Bonanza Brokerage Charges, Bonanza Margin, Bonanza Trading Software 2024, Bonanza Demat Account Charges and it also gives overview on Bonanza NRI Account, Bonanza Branches, Bonanza Customer Complaints, Bonanza Advantages and Disadvantages, Bonanza Mutual Fund, Bonanza IPO, Bonanza Research Facility, Bonanza Mobile Application, Bonanza Website
Zerodha Vs Bonanza - Broker Details
| Zerodha | Bonanza | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2000 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE |
| Branches | 120+ | 694+ |
| Brokerage | ₹20/ Order or 0.03% | ₹18/Order |
| Broker Type | Discount Broker | Full Service Broker |
Zerodha Vs Bonanza - Account Opening & AMC Charges
| Zerodha | Bonanza | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹999/- |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Zerodha Vs Bonanza - Brokerage charges & Plans
| Zerodha | Bonanza | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹18/Order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹18/Order |
| Equity Delivery | Zero Brokerage | ₹18/Order |
| Equity Options | ₹20/ Order | ₹18/Order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹18/Order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹18/Order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹18/Order |
| Fixed Charges | ₹20/Order | ₹18/Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹18/Order |
Zerodha Vs Bonanza - Other Charges
| Zerodha | Bonanza | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | N/A |
| Call & Trade Charges | ₹50/ Order | ₹25/Order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹18/Order |
| Minimum Brokerage | ₹20/ Order | ₹18/Order |
Zerodha Vs Bonanza - Transaction Charges
| Zerodha | Bonanza | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | NSE - ₹40/Lac (0.040%) on Premium Value | BSE - ₹0.04/Lac (0.00004%) on Premium | MCX-SX - ₹30/Lac (0.030%) on Premium |
| Equity Futures | NSE: 0.002% | NSE - ₹1.90/Lac (0.0019%) | BSE - ₹0.50/Lac (0.0005%) | MCX-SX - ₹1.20/Lac (0.0012%) |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac (0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) |
| Equity Options | NSE: 0.053% (on premium) | NSE - ₹50/Lac (0.05%) on Premium | BSE - ₹25/ Lac (0.025%) on Premium | MCX-SX - ₹25/Lac (0.025%) on Premium |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | MCX -Non Agri:- ₹2.10/Lac (0.0021%) | MCX -Agri:- ₹0.75/Lac (0.00075%) | NCDEX - A:- ₹3.5/Lac (0.0035%) | NCDEX - B:- ₹1.25/Lac (0.00125%) |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | NSE - ₹1.10/Lac (0.0011%) | BSE - ₹0.04/Lac(0.00004%) | MCX-SX - ₹1.05/Lac (0.00105%) |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac(0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) |
Zerodha Vs Bonanza - Margin (Exposure)
| Zerodha | Bonanza | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Zerodha Vs Bonanza - Features
| Zerodha | Bonanza | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Zerodha Vs Bonanza - Review & Rating
| Zerodha | Bonanza | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs Bonanza - Request a call back from Broker
| Zerodha | Bonanza | |
|---|---|---|
Zerodha Vs Bonanza - Investment Options
| Zerodha | Bonanza | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Zerodha Vs Bonanza - Order Type
| Zerodha | Bonanza | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Zerodha Vs Bonanza - Research & Report
| Zerodha | Bonanza | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Zerodha Vs Bonanza - Daily Market Report
| Zerodha | Bonanza | |
|---|---|---|
| Daily Market Reports & News |
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Zerodha Vs Bonanza - Suitable For Investor
| Zerodha | Bonanza | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Zerodha Vs Bonanza - Pros & Cons
| Zerodha | Bonanza | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 1.They provide intraday reports and historical charting 2.Bonanza offers services like online bidding for IPO and mutual funds. 3.Bonanza automatically sends listings to Bing and Google Shopping. |
| Cons | 1.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 1.Bonanza not transparent in terms of brokerage, fees and other hidden charges. 2.Bonanza doesn't offer any Referral programmer. 3.Bonanza has limited options for customizing layouts for specific listings |
Zerodha Vs Bonanza - Background
| Zerodha | Bonanza | |
|---|---|---|
Zerodha Vs Bonanza - Compare All Brokers
| Zerodha | Bonanza | |
|---|---|---|
Zerodha Vs Bonanza - STT/CTT
| Zerodha | Bonanza | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Zerodha Vs Bonanza - Demat transaction charges
| Zerodha | Bonanza | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹15 + GST per scrip only on sell |
Zerodha Vs Bonanza - GST
| Zerodha | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Zerodha Vs Bonanza - SEBI Charges
| Zerodha | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Bonanza - Account Opening & AMC Charges
Zerodha
Bonanza
Trading Account Opening Charge
₹200
₹999/-
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Zerodha Vs Bonanza
| Zerodha | Bonanza | |
|---|---|---|
Zerodha Review 2024 |
Bonanza Review | Brokerage Charges, Account OpeningBonanza is a very old and trustworthy broker. Incorporated on 1994 as a financial service provider and in a short span of time, Bonanza has emerged as one of the best full-service brokers of India. Bonanza provides the facility to invest in NSE, BSE, MCX, MSEI, NCDEX, NMCE and ICEX. It is popular for its
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Bonanza
Bonanza Review gives an overall view and updates about the Bonanza Brokerage Charges, Bonanza Margin, Bonanza Trading Software 2024, Bonanza Demat Account Charges and it also gives overview on Bonanza NRI Account, Bonanza Branches, Bonanza Customer Complaints, Bonanza Advantages and Disadvantages, Bonanza Mutual Fund, Bonanza IPO, Bonanza Research Facility, Bonanza Mobile Application, Bonanza Website
Zerodha Vs Bonanza - Brokerage charges & Plans
| Zerodha | Bonanza | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹18/Order |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹18/Order |
| Equity Delivery | Zero Brokerage | ₹18/Order |
| Equity Options | ₹20/ Order | ₹18/Order |
| Commodity Options | ₹20/ Order or 0.03%(whichever is lower) | ₹18/Order |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | ₹18/Order |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | ₹18/Order |
| Fixed Charges | ₹20/Order | ₹18/Order |
| Equity Intraday | ₹20/ Order or 0.03% (whichever is lower) | ₹18/Order |
| Call Back Open Account |
Zerodha Vs Bonanza - Margin (Exposure)
| Zerodha | Bonanza | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs Bonanza - Other Charges
| Zerodha | Bonanza | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | ₹0 (Free) |
| API Charges | ₹2000/ Month | N/A |
| Call & Trade Charges | ₹50/ Order | ₹25/Order |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | ₹18/Order |
| Minimum Brokerage | ₹20/ Order | ₹18/Order |
Zerodha Vs Bonanza - STT/CTT
| Zerodha | Bonanza | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% only on sell |
| Equity Options | 0.05% on sell side (on premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on sell side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Zerodha Vs Bonanza - Demat transaction charges
| Zerodha | Bonanza | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹15 + GST per scrip only on sell |
Zerodha Vs Bonanza - GST
| Zerodha | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Zerodha Vs Bonanza - SEBI Charges
| Zerodha | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Bonanza - Features
| Zerodha | Bonanza | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
|
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| Referral Program |
|
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |