Axis Direct Vs Bonanza
Axis Direct
Axis Direct is a full service Broker. Axis Direct Review gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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
Axis Direct Vs Bonanza - Broker Details
| Axis Direct | Bonanza | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2011 | 2000 |
| Exchanges | BSE, NSE, MCX and NCDEX | NSE, BSE |
| Branches | 2500+ | 694+ |
| Brokerage | 0.05% | ₹18/Order |
| Broker Type | Full Service Broker | Full Service Broker |
Axis Direct Vs Bonanza - Account Opening & AMC Charges
| Axis Direct | Bonanza | |
|---|---|---|
| Trading Account Opening Charge | ₹900/- | ₹999/- |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750/- | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Axis Direct Vs Bonanza - Brokerage charges & Plans
| Axis Direct | Bonanza | |
|---|---|---|
| Commodity Futures | 0.03% | ₹18/Order |
| Currency Futures | 0.05% | ₹18/Order |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | ₹18/Order |
| Equity Options | ₹10/ Order | ₹18/Order |
| Commodity Options | ₹50/ Lot | ₹18/Order |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹18/Order |
| Currency Options | ₹10/ Order | ₹18/Order |
| Fixed Charges | N/A | ₹18/Order |
| Equity Intraday | 0.05% | ₹18/Order |
Axis Direct Vs Bonanza - Other Charges
| Axis Direct | Bonanza | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹0 (Free) |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹25/Order |
| Other Brokerage Charges | 0.05% | ₹18/Order |
| Minimum Brokerage | 0.05% | ₹18/Order |
Axis Direct Vs Bonanza - Transaction Charges
| Axis Direct | Bonanza | |
|---|---|---|
| Currency Options | ₹5000/Cr (0.05%) (on premium) | 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 ₹190/Cr (0.0019%) | BSE ₹300/ Cr (0.003%) (each side) | NSE - ₹1.90/Lac (0.0019%) | BSE - ₹0.50/Lac (0.0005%) | MCX-SX - ₹1.20/Lac (0.0012%) |
| Equity Intraday | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac (0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) |
| Equity Options | NSE ₹5000/Cr (0.05%) | BSE ₹300/Cr (0.003%) (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 | N/A | 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 | ₹190/Cr (0.0019%) | NSE - ₹1.10/Lac (0.0011%) | BSE - ₹0.04/Lac(0.00004%) | MCX-SX - ₹1.05/Lac (0.00105%) |
| Equity Delivery | NSE ₹325/Cr (0.00325%) | BSE ₹300/Cr (0.003%) (each side) | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac(0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) |
Axis Direct Vs Bonanza - Margin (Exposure)
| Axis Direct | Bonanza | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Axis Direct Vs Bonanza - Features
| Axis Direct | 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 & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM |
| Trading Platform | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor | 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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Axis Direct Vs Bonanza - Review & Rating
| Axis Direct | Bonanza | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Axis Direct Vs Bonanza - Request a call back from Broker
| Axis Direct | Bonanza | |
|---|---|---|
Axis Direct Vs Bonanza - Investment Options
| Axis Direct | 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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Axis Direct Vs Bonanza - Order Type
| Axis Direct | 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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Axis Direct Vs Bonanza - Research & Report
| Axis Direct | 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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Axis Direct Vs Bonanza - Daily Market Report
| Axis Direct | Bonanza | |
|---|---|---|
| Daily Market Reports & News |
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Axis Direct Vs Bonanza - Suitable For Investor
| Axis Direct | Bonanza | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Axis Direct Vs Bonanza - Pros & Cons
| Axis Direct | Bonanza | |
|---|---|---|
| Pros | 1.It offers three in one account that enables the smooth transfer of funds. 2.It provides elaborated research and reports. 3.It provides various trading software that has very quick and high performance. 4. It provides personal guidance from the experts. 5. It has excellent trading platforms. | 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.They charge high for brokerage, account opening and even Annual Maintenance charges. 2. The exposure provided by the broker is the least. 3. There is no support for the commodity segment. 4. It charges fees for the trading terminal and charges a nominal fee on monthly basis. | 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 |
Axis Direct Vs Bonanza - Background
| Axis Direct | Bonanza | |
|---|---|---|
Axis Direct Vs Bonanza - Compare All Brokers
| Axis Direct | Bonanza | |
|---|---|---|
Axis Direct Vs Bonanza - STT/CTT
| Axis Direct | 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 |
Axis Direct Vs Bonanza - Demat transaction charges
| Axis Direct | Bonanza | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹15 + GST per scrip only on sell |
Axis Direct Vs Bonanza - GST
| Axis Direct | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Axis Direct Vs Bonanza - SEBI Charges
| Axis Direct | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs Bonanza - Account Opening & AMC Charges
Axis Direct
Bonanza
Trading Account Opening Charge
₹900/-
₹999/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750/-
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Axis Direct Vs Bonanza
| Axis Direct | Bonanza | |
|---|---|---|
Axis Direct ReviewsAxis Securities Limited is a full-service broker that is a part of Axis bank, Which is a leading private bank in India. Online Axis directs its services and various other trading financial products to the retail customers in India through Axis Direct brand. Axis direct is NSDL or CDSL participant and ranked among the top stock brokers in India with more than 4.2 lakhs active customer .. + " Vs "+ Bonanza |
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
Axis Direct Vs Bonanza - Brokerage charges & Plans
| Axis Direct | Bonanza | |
|---|---|---|
| Commodity Futures | 0.03% | ₹18/Order |
| Currency Futures | 0.05% | ₹18/Order |
| Equity Delivery | Fixed Plan:- 0.5% | Investment Plus:-0.35% | Now or Never:- 0.2% | Premium Investment:-0.1% | ₹18/Order |
| Equity Options | ₹10/ Order | ₹18/Order |
| Commodity Options | ₹50/ Lot | ₹18/Order |
| Equity Futures | Fixed Plan:- 0.05% | Investment Plus:- 0.035% | Now or Never:- 0.02% | Premium Investment:- 0.01% | ₹18/Order |
| Currency Options | ₹10/ Order | ₹18/Order |
| Fixed Charges | N/A | ₹18/Order |
| Equity Intraday | 0.05% | ₹18/Order |
Axis Direct Vs Bonanza - Margin (Exposure)
| Axis Direct | Bonanza | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Axis Direct Vs Bonanza - Other Charges
| Axis Direct | Bonanza | |
|---|---|---|
| RMS Square Off Charge | Intraday:- ₹0/- | Carry forward:- ₹10/Lot | ₹0 (Free) |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹20/ Call (20th call/ Month) | ₹25/Order |
| Other Brokerage Charges | 0.05% | ₹18/Order |
| Minimum Brokerage | 0.05% | ₹18/Order |
Axis Direct Vs Bonanza - STT/CTT
| Axis Direct | 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 |
Axis Direct Vs Bonanza - Demat transaction charges
| Axis Direct | Bonanza | |
|---|---|---|
| Equity Demat Transaction Charges | ₹5/Certificate or ₹50/Request, whichever is higher | ₹15 + GST per scrip only on sell |
Axis Direct Vs Bonanza - GST
| Axis Direct | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
Axis Direct Vs Bonanza - SEBI Charges
| Axis Direct | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Axis Direct Vs Bonanza - Features
| Axis Direct | Bonanza | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:30PM | Commodities:- 11:00 PM | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM |
| Trading Platform | 1. Axis Direct Portal 2. Direct Trade (Desktop Trading Application) 3. Swift Trade 3.0 (Web-based trading platform). 4. Axis Direct Mobile App 5. Axis Direct Wise Advisor | 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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