Bonanza Vs Zerodha
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
Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Bonanza Vs Zerodha - Broker Details
| Bonanza | Zerodha | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2010 |
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX |
| Branches | 694+ | 120+ |
| Brokerage | ₹18/Order | ₹20/ Order or 0.03% |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account |
Bonanza Vs Zerodha - Account Opening & AMC Charges
| Bonanza | Zerodha | |
|---|---|---|
| Trading Account Opening Charge | ₹999/- | ₹200 |
| Demat Account Opening Charge | ₹0 (Free) | ₹200 |
| Demat Account AMC | ₹0 (Free) | ₹300/Year + GST charged quarterly (90 days) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
Bonanza Vs Zerodha - Brokerage charges & Plans
| Bonanza | Zerodha | |
|---|---|---|
| Commodity Futures | ₹18/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹18/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹18/Order | Zero Brokerage |
| Equity Options | ₹18/Order | ₹20/ Order |
| Commodity Options | ₹18/Order | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹18/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹18/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹18/Order | ₹20/Order |
| Equity Intraday | ₹18/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Bonanza Vs Zerodha - Other Charges
| Bonanza | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | N/A | ₹2000/ Month |
| Call & Trade Charges | ₹25/Order | ₹50/ Order |
| Other Brokerage Charges | ₹18/Order | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹18/Order | ₹20/ Order |
| Call Back Open Account |
Bonanza Vs Zerodha - Transaction Charges
| Bonanza | Zerodha | |
|---|---|---|
| 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: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
| Equity Futures | NSE - ₹1.90/Lac (0.0019%) | BSE - ₹0.50/Lac (0.0005%) | MCX-SX - ₹1.20/Lac (0.0012%) | NSE: 0.002% |
| Equity Intraday | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac (0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) | NSE: 0.00345% | 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: 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%) | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |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: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 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% | BSE: 0.00345% |
| Call Back Open Account |
Bonanza Vs Zerodha - Margin (Exposure)
| Bonanza | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Bonanza Vs Zerodha - Features
| Bonanza | Zerodha | |
|---|---|---|
| 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: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Bonanza Vs Zerodha - Review & Rating
| Bonanza | Zerodha | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Bonanza Vs Zerodha - Request a call back from Broker
| Bonanza | Zerodha | |
|---|---|---|
| Call Back Open Account |
Bonanza Vs Zerodha - Investment Options
| Bonanza | Zerodha | |
|---|---|---|
| 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 Zerodha - Order Type
| Bonanza | Zerodha | |
|---|---|---|
| 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 Zerodha - Research & Report
| Bonanza | Zerodha | |
|---|---|---|
| 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 Zerodha - Daily Market Report
| Bonanza | Zerodha | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Bonanza Vs Zerodha - Suitable For Investor
| Bonanza | Zerodha | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Bonanza Vs Zerodha - Pros & Cons
| Bonanza | Zerodha | |
|---|---|---|
| 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 charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the 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 provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment |
| Call Back Open Account |
Bonanza Vs Zerodha - Background
| Bonanza | Zerodha | |
|---|---|---|
| Call Back Open Account |
Bonanza Vs Zerodha - Compare All Brokers
| Bonanza | Zerodha | |
|---|---|---|
| Call Back Open Account |
Bonanza Vs Zerodha - STT/CTT
| Bonanza | Zerodha | |
|---|---|---|
| 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 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 Zerodha - Demat transaction charges
| Bonanza | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
| Call Back Open Account |
Bonanza Vs Zerodha - GST
| Bonanza | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
| Call Back Open Account |
Bonanza Vs Zerodha - SEBI Charges
| Bonanza | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
| Call Back Open Account |
Bonanza Vs Zerodha - Account Opening & AMC Charges
Bonanza
Zerodha
Trading Account Opening Charge
₹999/-
₹200
Demat Account Opening Charge
₹0 (Free)
₹200
Demat Account AMC
₹0 (Free)
₹300/Year + GST charged quarterly (90 days)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Bonanza Vs Zerodha
| Bonanza | Zerodha | |
|---|---|---|
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
Read more..
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Zerodha Review 2024Zerodha is the well-known largest retail stock broker in India in terms of the highest active clients with more than 4 million. It was founded by Nithin Kamath and Nikhil Kamath on 15th August 2010 in Read more.. |
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Zerodha
Zerodha Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Bonanza Vs Zerodha - Brokerage charges & Plans
| Bonanza | Zerodha | |
|---|---|---|
| Commodity Futures | ₹18/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Futures | ₹18/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Equity Delivery | ₹18/Order | Zero Brokerage |
| Equity Options | ₹18/Order | ₹20/ Order |
| Commodity Options | ₹18/Order | ₹20/ Order or 0.03%(whichever is lower) |
| Equity Futures | ₹18/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Currency Options | ₹18/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Fixed Charges | ₹18/Order | ₹20/Order |
| Equity Intraday | ₹18/Order | ₹20/ Order or 0.03% (whichever is lower) |
| Call Back Open Account |
Bonanza Vs Zerodha - Margin (Exposure)
| Bonanza | Zerodha | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (20% margin) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margins(SPAN + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(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 margins(SPAN + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margins(SPAN + Exposure) |
| Call Back Open Account |
Bonanza Vs Zerodha - Other Charges
| Bonanza | Zerodha | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | (₹50 + GST) |
| API Charges | N/A | ₹2000/ Month |
| Call & Trade Charges | ₹25/Order | ₹50/ Order |
| Other Brokerage Charges | ₹18/Order | ₹20 or 0.03% (whichever is lower) |
| Minimum Brokerage | ₹18/Order | ₹20/ Order |
Bonanza Vs Zerodha - STT/CTT
| Bonanza | Zerodha | |
|---|---|---|
| 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 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 Zerodha - Demat transaction charges
| Bonanza | Zerodha | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹13.5 + Gst per scrip (stock) |
Bonanza Vs Zerodha - GST
| Bonanza | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) |
Bonanza Vs Zerodha - SEBI Charges
| Bonanza | Zerodha | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST |
Bonanza Vs Zerodha - Features
| Bonanza | Zerodha | |
|---|---|---|
| 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
| Trading Platform | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |