Bonanza Vs Flattrade
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
Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Bonanza Vs Flattrade - Broker Details
| Bonanza | Flattrade | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2004 |
| Exchanges | NSE, BSE | BSE, NSE and MCX |
| Branches | 694+ | 6 |
| Brokerage | ₹18/Order | ₹0 (Free) |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Bonanza Vs Flattrade - Account Opening & AMC Charges
| Bonanza | Flattrade | |
|---|---|---|
| Trading Account Opening Charge | ₹999/- | ₹200 + GST |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Bonanza Vs Flattrade - Brokerage charges & Plans
| Bonanza | Flattrade | |
|---|---|---|
| Commodity Futures | ₹18/Order | ₹0 (Free) |
| Currency Futures | ₹18/Order | ₹0 (Free) |
| Equity Delivery | ₹18/Order | ₹0 (Free) |
| Equity Options | ₹18/Order | ₹0 (Free) |
| Commodity Options | ₹18/Order | ₹0 (Free) |
| Equity Futures | ₹18/Order | ₹0 (Free) |
| Currency Options | ₹18/Order | ₹0 (Free) |
| Fixed Charges | ₹18/Order | ₹0 (Free) |
| Equity Intraday | ₹18/Order | ₹0 (Free) |
| Call Back Open Account |
Bonanza Vs Flattrade - Other Charges
| Bonanza | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹25/Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹18/Order | ₹0 (Free) |
| Minimum Brokerage | ₹18/Order | ₹0 (Free) |
| Call Back Open Account |
Bonanza Vs Flattrade - Transaction Charges
| Bonanza | Flattrade | |
|---|---|---|
| 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 : 0.035% | BSE : 0.001% |
| Equity Futures | NSE - ₹1.90/Lac (0.0019%) | BSE - ₹0.50/Lac (0.0005%) | MCX-SX - ₹1.20/Lac (0.0012%) | 0.0020% |
| Equity Intraday | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac (0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) | NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Equity Options | NSE - ₹50/Lac (0.05%) on Premium | BSE - ₹25/ Lac (0.025%) on Premium | MCX-SX - ₹25/Lac (0.025%) on Premium | 0.053% (on premium) |
| 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%) | 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05% |
| Currency Futures | NSE - ₹1.10/Lac (0.0011%) | BSE - ₹0.04/Lac(0.00004%) | MCX-SX - ₹1.05/Lac (0.00105%) | NSE : 0.0009% | BSE : 0.00022% |
| Equity Delivery | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac(0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) | NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50) |
| Call Back Open Account |
Bonanza Vs Flattrade - Margin (Exposure)
| Bonanza | Flattrade | |
|---|---|---|
| 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) |
| Call Back Open Account |
Bonanza Vs Flattrade - Features
| Bonanza | Flattrade | |
|---|---|---|
| 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:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Bonanza Vs Flattrade - Review & Rating
| Bonanza | Flattrade | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Bonanza Vs Flattrade - Request a call back from Broker
| Bonanza | Flattrade | |
|---|---|---|
| Call Back Open Account |
Bonanza Vs Flattrade - Investment Options
| Bonanza | Flattrade | |
|---|---|---|
| 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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| Call Back Open Account |
Bonanza Vs Flattrade - Order Type
| Bonanza | Flattrade | |
|---|---|---|
| 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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| Call Back Open Account |
Bonanza Vs Flattrade - Research & Report
| Bonanza | Flattrade | |
|---|---|---|
| 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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| Call Back Open Account |
Bonanza Vs Flattrade - Daily Market Report
| Bonanza | Flattrade | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Bonanza Vs Flattrade - Suitable For Investor
| Bonanza | Flattrade | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Bonanza Vs Flattrade - Pros & Cons
| Bonanza | Flattrade | |
|---|---|---|
| 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 provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments |
| 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. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers. |
| Call Back Open Account |
Bonanza Vs Flattrade - Background
| Bonanza | Flattrade | |
|---|---|---|
| Call Back Open Account |
Bonanza Vs Flattrade - Compare All Brokers
| Bonanza | Flattrade | |
|---|---|---|
| Call Back Open Account |
Bonanza Vs Flattrade - STT/CTT
| Bonanza | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% Buy & 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 |
| Call Back Open Account |
Bonanza Vs Flattrade - Demat transaction charges
| Bonanza | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹20 + GST per scrip only on sell |
| Call Back Open Account |
Bonanza Vs Flattrade - GST
| Bonanza | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
| Call Back Open Account |
Bonanza Vs Flattrade - SEBI Charges
| Bonanza | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Bonanza Vs Flattrade - Account Opening & AMC Charges
Bonanza
Flattrade
Trading Account Opening Charge
₹999/-
₹200 + GST
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Bonanza Vs Flattrade
| Bonanza | Flattrade | |
|---|---|---|
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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Flattrade ReviewFlattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs .. |
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Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Bonanza Vs Flattrade - Brokerage charges & Plans
| Bonanza | Flattrade | |
|---|---|---|
| Commodity Futures | ₹18/Order | ₹0 (Free) |
| Currency Futures | ₹18/Order | ₹0 (Free) |
| Equity Delivery | ₹18/Order | ₹0 (Free) |
| Equity Options | ₹18/Order | ₹0 (Free) |
| Commodity Options | ₹18/Order | ₹0 (Free) |
| Equity Futures | ₹18/Order | ₹0 (Free) |
| Currency Options | ₹18/Order | ₹0 (Free) |
| Fixed Charges | ₹18/Order | ₹0 (Free) |
| Equity Intraday | ₹18/Order | ₹0 (Free) |
| Call Back Open Account |
Bonanza Vs Flattrade - Margin (Exposure)
| Bonanza | Flattrade | |
|---|---|---|
| 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) |
| Call Back Open Account |
Bonanza Vs Flattrade - Other Charges
| Bonanza | Flattrade | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹25/Order | ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST |
| Other Brokerage Charges | ₹18/Order | ₹0 (Free) |
| Minimum Brokerage | ₹18/Order | ₹0 (Free) |
Bonanza Vs Flattrade - STT/CTT
| Bonanza | Flattrade | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on Sale side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on sell side (on premium) | Option Excised 0.125% |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% Buy & 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 Flattrade - Demat transaction charges
| Bonanza | Flattrade | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹20 + GST per scrip only on sell |
Bonanza Vs Flattrade - GST
| Bonanza | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (brokerage + transaction charges + SEBI charges) |
Bonanza Vs Flattrade - SEBI Charges
| Bonanza | Flattrade | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bonanza Vs Flattrade - Features
| Bonanza | Flattrade | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM |
| Trading Platform | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade | Flattrade - (Share Trading App), Web Trading |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |