STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (Bonanza VS Choice Broking)

 
 

Bonanza Vs Choice Broking

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


Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Bonanza Vs Choice Broking - Broker Details

Bonanza Choice Broking
Single Margin Facility
Year of Incorporation 2000 2010
Exchanges NSE, BSE NSE, BSE, MCX, NCDEX, and ICEX.
Branches 694+ 50+
Brokerage ₹18/Order 0.02%
Broker Type Full Service Broker Full service Broker

Bonanza Vs Choice Broking - Account Opening & AMC Charges

Bonanza Choice Broking
Trading Account Opening Charge ₹999/- ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹200+GST ( 2nd Year onwards)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Bonanza Vs Choice Broking - Brokerage charges & Plans

Bonanza Choice Broking
Commodity Futures ₹18/Order 0.02%
Currency Futures ₹18/Order 0.02%
Equity Delivery ₹18/Order 0.2%
Equity Options ₹18/Order ₹25/Lot
Commodity Options ₹18/Order ₹50/Lot
Equity Futures ₹18/Order 0.02%
Currency Options ₹18/Order ₹20/Lot
Fixed Charges ₹18/Order 0.02%
Equity Intraday ₹18/Order 0.02%

Bonanza Vs Choice Broking - Other Charges

Bonanza Choice Broking
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges N/A -
Call & Trade Charges ₹25/Order ₹0 (Free)
Other Brokerage Charges ₹18/Order ₹25/Lot
Minimum Brokerage ₹18/Order 0.02%

Bonanza Vs Choice Broking - Transaction Charges

Bonanza Choice Broking
Currency Options NSE - ₹40/Lac (0.040%) on Premium Value | BSE - ₹0.04/Lac (0.00004%) on Premium | MCX-SX - ₹30/Lac (0.030%) on Premium NSE : Transaction Charges:- 0.035% | Clearing charge:- 0.002%
Equity Futures NSE - ₹1.90/Lac (0.0019%) | BSE - ₹0.50/Lac (0.0005%) | MCX-SX - ₹1.20/Lac (0.0012%) NSE: Exchange transaction charge:- 0.002% | Clearing charge:- 0.0005%
Equity Intraday NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac (0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) NSE/BSE:- 0.00345%
Equity Options NSE - ₹50/Lac (0.05%) on Premium | BSE - ₹25/ Lac (0.025%) on Premium | MCX-SX - ₹25/Lac (0.025%) on Premium NSE: Exchange transaction charge:- 0.05% | Clearing charge:- 0.002%
Commodity 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%) Future Exchange txn charge:- 0.0026% | Clearing charge: 0.0003% | RMS Charge 0.005% (Only NCDEX) || Option:- Exchange txn charge:- 0.05% | Clearing charge :- 0.002%
Currency Futures NSE - ₹1.10/Lac (0.0011%) | BSE - ₹0.04/Lac(0.00004%) | MCX-SX - ₹1.05/Lac (0.00105%) NSE: Transaction Charges:- 0.035% | Clearing charge:- 0.002%
Equity Delivery NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac(0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) NSE/BSE:- 0.00345%

Bonanza Vs Choice Broking - Margin (Exposure)

Bonanza Choice Broking
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)

Bonanza Vs Choice Broking - Features

Bonanza Choice Broking
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund

Bonanza Vs Choice Broking - Review & Rating

Bonanza Choice Broking
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Bonanza Vs Choice Broking - Request a call back from Broker

Bonanza Choice Broking

Bonanza Vs Choice Broking - Investment Options

Bonanza Choice Broking
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Bonanza Vs Choice Broking - Order Type

Bonanza Choice Broking
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Bonanza Vs Choice Broking - Research & Report

Bonanza Choice Broking
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Bonanza Vs Choice Broking - Daily Market Report

Bonanza Choice Broking
Daily Market Reports & News

Bonanza Vs Choice Broking - Suitable For Investor

Bonanza Choice Broking
Casual Investor
Active Investor
Trader

Bonanza Vs Choice Broking - Pros & Cons

Bonanza Choice Broking
Pros 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. 1. It offers a broad range of investment products. 2. It has a simple trading platform and offers it to the customers. 3. It offers various multiple AMC plans to its customers that provides lifetime AMC and refundable AMC options. 4. It has a proactive and prompt customer service. 5. It has an instant and paperless demat account opening process. 6. Choice broking has an excellent margin trading facility service to its customers. 7. The research call provided by the brokers has 78% accuracy ratio.
Cons 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 1. The Choice Broker does not allow to open a three-in-one account services to its customers. 2. It has no flexible brokerage plans. 3. The broker does not provide Margin Calculator. 4. It does not provide an in-house trading terminal.

Bonanza Vs Choice Broking - Background

Bonanza Choice Broking

Bonanza Vs Choice Broking - Compare All Brokers

Bonanza Choice Broking

Bonanza Vs Choice Broking - STT/CTT

Bonanza Choice Broking
Commodity Futures 0.01% only on sell side Non-Agri 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell (On Premium) 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options 0.05% only on sell side 0.05% on sell side

Bonanza Vs Choice Broking - Demat transaction charges

Bonanza Choice Broking
Equity Demat Transaction Charges ₹15 + GST per scrip only on sell ₹10 + GST per scrip only on sell

Bonanza Vs Choice Broking - GST

Bonanza Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charges + Clearing Charges)

Bonanza Vs Choice Broking - SEBI Charges

Bonanza Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Bonanza Vs Choice Broking - Account Opening & AMC Charges

Bonanza
Choice Broking
Trading Account Opening Charge
₹999/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹200+GST ( 2nd Year onwards)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

Bonanza Vs Choice Broking

Bonanza Choice Broking
 

Bonanza Review | Brokerage Charges, Account Opening

Bonanza 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 Read more..

Choice Broking Review | Brokerage Charges, Account Opening


Choice Equity Broking Private Limited is a Mumbai-based full-service stock broking firm and Choice broking established in 2010. Choice broking firm is a subsidiary of a publicly listed financial service provider organization named as Choice International Limited. It was formerly providing tis financial services since 1993 by ..
 
 

Choice Broking
Choice Broking is a full service Broker. Choice Broking Review 2024 gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Bonanza Vs Choice Broking - Brokerage charges & Plans

Bonanza Choice Broking
Commodity Futures ₹18/Order 0.02%
Currency Futures ₹18/Order 0.02%
Equity Delivery ₹18/Order 0.2%
Equity Options ₹18/Order ₹25/Lot
Commodity Options ₹18/Order ₹50/Lot
Equity Futures ₹18/Order 0.02%
Currency Options ₹18/Order ₹20/Lot
Fixed Charges ₹18/Order 0.02%
Equity Intraday ₹18/Order 0.02%

Bonanza Vs Choice Broking - Margin (Exposure)

Bonanza Choice Broking
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)

Bonanza Vs Choice Broking - Other Charges

Bonanza Choice Broking
RMS Square Off Charge ₹0 (Free) ₹0 (Free)
API Charges N/A -
Call & Trade Charges ₹25/Order ₹0 (Free)
Other Brokerage Charges ₹18/Order ₹25/Lot
Minimum Brokerage ₹18/Order 0.02%

Bonanza Vs Choice Broking - STT/CTT

Bonanza Choice Broking
Commodity Futures 0.01% only on sell side Non-Agri 0.01% on sell side (Non-Agri)
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on the Sell Side
Equity Options 0.05% only on sell (On Premium) 0.05% on Sell Side(on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both Buy and Sell
Equity Futures 0.01% only on sell 0.01% on Sell Side
Commodity Options 0.05% only on sell side 0.05% on sell side

Bonanza Vs Choice Broking - Demat transaction charges

Bonanza Choice Broking
Equity Demat Transaction Charges ₹15 + GST per scrip only on sell ₹10 + GST per scrip only on sell

Bonanza Vs Choice Broking - GST

Bonanza Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charges + Clearing Charges)

Bonanza Vs Choice Broking - SEBI Charges

Bonanza Choice Broking
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Bonanza Vs Choice Broking - Features

Bonanza Choice Broking
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM Equity & F&O:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade 1. Jiffy (Mobile App). 2. Jiffy (Web-based). 3. ODIN. 4. Investica (Mutual Fund Investment).
SMS Alerts for Trades
Direct Mutual Fund

Bonanza

Choice Broking