Bonanza Vs Reliance Securities
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
Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review 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 Reliance Securities - Broker Details
| Bonanza | Reliance Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2005 |
| Exchanges | NSE, BSE | NSE, BSE&MCX-SX, NCDEX, NMCE |
| Branches | 694+ | 80+ |
| Brokerage | ₹18/Order | 0.05% |
| Broker Type | Full Service Broker | Full service Broker |
Bonanza Vs Reliance Securities - Account Opening & AMC Charges
| Bonanza | Reliance Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹999/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹2500/- life time free |
| Trading Account AMC | ₹0 (Free) | ₹2500/- life time free |
Bonanza Vs Reliance Securities - Brokerage charges & Plans
| Bonanza | Reliance Securities | |
|---|---|---|
| Commodity Futures | ₹18/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | ₹18/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | ₹18/Order | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹18/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | ₹18/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | ₹18/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹18/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | ₹18/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | ₹18/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Bonanza Vs Reliance Securities - Other Charges
| Bonanza | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹25/Order | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹18/Order | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | ₹18/Order | 0.05% |
Bonanza Vs Reliance Securities - Transaction Charges
| Bonanza | Reliance Securities | |
|---|---|---|
| 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: 0.04174% |
| Equity Futures | NSE - ₹1.90/Lac (0.0019%) | BSE - ₹0.50/Lac (0.0005%) | MCX-SX - ₹1.20/Lac (0.0012%) | NSE: 0.0009% | BSE: 0.0005% |
| Equity Intraday | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac (0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) | NSE: 0.0032% | BSE: 0.003% |
| 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:0.05% | BSE:0.0005% (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%) | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% |
| Currency Futures | NSE - ₹1.10/Lac (0.0011%) | BSE - ₹0.04/Lac(0.00004%) | MCX-SX - ₹1.05/Lac (0.00105%) | NSE: 0.0009% |
| Equity Delivery | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac(0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) | NSE: 0.0032% | BSE: 0.00275% |
Bonanza Vs Reliance Securities - Margin (Exposure)
| Bonanza | Reliance Securities | |
|---|---|---|
| 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) | Up to 3 times with 21% interest per year |
| 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 Reliance Securities - Features
| Bonanza | Reliance Securities | |
|---|---|---|
| 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:- 3:10 PM | 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 | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Bonanza Vs Reliance Securities - Review & Rating
| Bonanza | Reliance Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Bonanza Vs Reliance Securities - Request a call back from Broker
| Bonanza | Reliance Securities | |
|---|---|---|
Bonanza Vs Reliance Securities - Investment Options
| Bonanza | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Order Type
| Bonanza | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Research & Report
| Bonanza | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Daily Market Report
| Bonanza | Reliance Securities | |
|---|---|---|
| Daily Market Reports & News |
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Bonanza Vs Reliance Securities - Suitable For Investor
| Bonanza | Reliance Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Bonanza Vs Reliance Securities - Pros & Cons
| Bonanza | Reliance Securities | |
|---|---|---|
| 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. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum customers. |
| 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 does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. |
Bonanza Vs Reliance Securities - Background
| Bonanza | Reliance Securities | |
|---|---|---|
Bonanza Vs Reliance Securities - Compare All Brokers
| Bonanza | Reliance Securities | |
|---|---|---|
Bonanza Vs Reliance Securities - STT/CTT
| Bonanza | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Demat transaction charges
| Bonanza | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹27+ Gst per scrip per day only on sell |
Bonanza Vs Reliance Securities - GST
| Bonanza | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Bonanza Vs Reliance Securities - SEBI Charges
| Bonanza | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bonanza Vs Reliance Securities - Account Opening & AMC Charges
Bonanza
Reliance Securities
Trading Account Opening Charge
₹999/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹2500/- life time free
Trading Account AMC
₹0 (Free)
₹2500/- life time free
Bonanza Vs Reliance Securities
| Bonanza | Reliance Securities | |
|---|---|---|
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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Reliance Securities Review | Brokerage Charges, Account OpeningA Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the .. |
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Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review 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 Reliance Securities - Brokerage charges & Plans
| Bonanza | Reliance Securities | |
|---|---|---|
| Commodity Futures | ₹18/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | ₹18/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | ₹18/Order | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹18/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | ₹18/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | ₹18/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹18/Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | ₹18/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | ₹18/Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Bonanza Vs Reliance Securities - Margin (Exposure)
| Bonanza | Reliance Securities | |
|---|---|---|
| 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) | Up to 3 times with 21% interest per year |
| 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 Reliance Securities - Other Charges
| Bonanza | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹25/Order | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹18/Order | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | ₹18/Order | 0.05% |
Bonanza Vs Reliance Securities - STT/CTT
| Bonanza | Reliance Securities | |
|---|---|---|
| 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 Reliance Securities - Demat transaction charges
| Bonanza | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹27+ Gst per scrip per day only on sell |
Bonanza Vs Reliance Securities - GST
| Bonanza | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Bonanza Vs Reliance Securities - SEBI Charges
| Bonanza | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bonanza Vs Reliance Securities - Features
| Bonanza | Reliance Securities | |
|---|---|---|
| Online Portfolio |
|
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| 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:- 3:10 PM | 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 | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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