Bonanza Vs INDmoney
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
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Bonanza Vs INDmoney - Broker Details
| Bonanza | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2019 |
| Exchanges | NSE, BSE | NSE, BSE and MCX |
| Branches | 694+ | 966 |
| Brokerage | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
Bonanza Vs INDmoney - Account Opening & AMC Charges
| Bonanza | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹999/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Bonanza Vs INDmoney - Brokerage charges & Plans
| Bonanza | INDmoney | |
|---|---|---|
| Commodity Futures | ₹18/Order | N/A |
| Currency Futures | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹18/Order | N/A |
| Equity Futures | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹18/Order | 0.05% or up to ₹20/Per Order |
Bonanza Vs INDmoney - Other Charges
| Bonanza | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹25/Order | ₹50 per position |
| Other Brokerage Charges | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹18/Order | 0.05% or up to ₹20/Per Order |
Bonanza Vs INDmoney - Transaction Charges
| Bonanza | INDmoney | |
|---|---|---|
| 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 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE - ₹1.90/Lac (0.0019%) | BSE - ₹0.50/Lac (0.0005%) | MCX-SX - ₹1.20/Lac (0.0012%) | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac (0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) | NSE - 0.00325% | BSE- 0.00375% |
| 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: 0.053% on premium value |
| 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%) | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | NSE - ₹1.10/Lac (0.0011%) | BSE - ₹0.04/Lac(0.00004%) | MCX-SX - ₹1.05/Lac (0.00105%) | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac(0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) | NSE - 0.00325% | BSE- 0.00375% |
Bonanza Vs INDmoney - Margin (Exposure)
| Bonanza | INDmoney | |
|---|---|---|
| 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 (no margin) |
| 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 INDmoney - Features
| Bonanza | INDmoney | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Bonanza Vs INDmoney - Review & Rating
| Bonanza | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Bonanza Vs INDmoney - Request a call back from Broker
| Bonanza | INDmoney | |
|---|---|---|
Bonanza Vs INDmoney - Investment Options
| Bonanza | INDmoney | |
|---|---|---|
| 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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Bonanza Vs INDmoney - Order Type
| Bonanza | INDmoney | |
|---|---|---|
| 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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Bonanza Vs INDmoney - Research & Report
| Bonanza | INDmoney | |
|---|---|---|
| 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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Bonanza Vs INDmoney - Daily Market Report
| Bonanza | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Bonanza Vs INDmoney - Suitable For Investor
| Bonanza | INDmoney | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Bonanza Vs INDmoney - Pros & Cons
| Bonanza | INDmoney | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Bonanza Vs INDmoney - Background
| Bonanza | INDmoney | |
|---|---|---|
Bonanza Vs INDmoney - Compare All Brokers
| Bonanza | INDmoney | |
|---|---|---|
Bonanza Vs INDmoney - STT/CTT
| Bonanza | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% only on sell side | 0.05% only on sell side |
Bonanza Vs INDmoney - Demat transaction charges
| Bonanza | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹250/ per certificate |
Bonanza Vs INDmoney - GST
| Bonanza | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Bonanza Vs INDmoney - SEBI Charges
| Bonanza | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bonanza Vs INDmoney - Account Opening & AMC Charges
Bonanza
INDmoney
Trading Account Opening Charge
₹999/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Bonanza Vs INDmoney
| Bonanza | INDmoney | |
|---|---|---|
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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INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Bonanza Vs INDmoney - Brokerage charges & Plans
| Bonanza | INDmoney | |
|---|---|---|
| Commodity Futures | ₹18/Order | N/A |
| Currency Futures | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Equity Delivery | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹18/Order | N/A |
| Equity Futures | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Fixed Charges | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Equity Intraday | ₹18/Order | 0.05% or up to ₹20/Per Order |
Bonanza Vs INDmoney - Margin (Exposure)
| Bonanza | INDmoney | |
|---|---|---|
| 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 (no margin) |
| 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 INDmoney - Other Charges
| Bonanza | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹25/Order | ₹50 per position |
| Other Brokerage Charges | ₹18/Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹18/Order | 0.05% or up to ₹20/Per Order |
Bonanza Vs INDmoney - STT/CTT
| Bonanza | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% only on sell |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% only on sell |
| Commodity Options | 0.05% only on sell side | 0.05% only on sell side |
Bonanza Vs INDmoney - Demat transaction charges
| Bonanza | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹250/ per certificate |
Bonanza Vs INDmoney - GST
| Bonanza | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Bonanza Vs INDmoney - SEBI Charges
| Bonanza | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bonanza Vs INDmoney - Features
| Bonanza | INDmoney | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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