Groww Vs Bonanza
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
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
Groww Vs Bonanza - Broker Details
| Groww | Bonanza | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2000 |
| Exchanges | NSE and BSE. | NSE, BSE |
| Branches | Zero | 694+ |
| Brokerage | ₹20/ Order | ₹18/Order |
| Broker Type | Discount Broker | Full Service Broker |
| Call Back Open Account |
Groww Vs Bonanza - Account Opening & AMC Charges
| Groww | Bonanza | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹999/- |
| 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 |
Groww Vs Bonanza - Brokerage charges & Plans
| Groww | Bonanza | |
|---|---|---|
| Commodity Futures | N/A | ₹18/Order |
| Currency Futures | N/A | ₹18/Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹18/Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹18/Order |
| Commodity Options | N/A | ₹18/Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹18/Order |
| Currency Options | N/A | ₹18/Order |
| Fixed Charges | ₹20/ Order | ₹18/Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹18/Order |
| Call Back Open Account |
Groww Vs Bonanza - Other Charges
| Groww | Bonanza | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹25/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹18/Order |
| Minimum Brokerage | ₹20/ Order | ₹18/Order |
| Call Back Open Account |
Groww Vs Bonanza - Transaction Charges
| Groww | Bonanza | |
|---|---|---|
| Currency Options | N/A | NSE - ₹40/Lac (0.040%) on Premium Value | BSE - ₹0.04/Lac (0.00004%) on Premium | MCX-SX - ₹30/Lac (0.030%) on Premium |
| Equity Futures | NSE:- 0.002% | NSE - ₹1.90/Lac (0.0019%) | BSE - ₹0.50/Lac (0.0005%) | MCX-SX - ₹1.20/Lac (0.0012%) |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac (0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) |
| Equity Options | NSE:- 0.053% on premium | NSE - ₹50/Lac (0.05%) on Premium | BSE - ₹25/ Lac (0.025%) on Premium | MCX-SX - ₹25/Lac (0.025%) on Premium |
| Commodity | N/A | 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%) |
| Currency Futures | N/A | NSE - ₹1.10/Lac (0.0011%) | BSE - ₹0.04/Lac(0.00004%) | MCX-SX - ₹1.05/Lac (0.00105%) |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac(0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) |
| Call Back Open Account |
Groww Vs Bonanza - Margin (Exposure)
| Groww | Bonanza | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs Bonanza - Features
| Groww | Bonanza | |
|---|---|---|
| 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Groww Vs Bonanza - Review & Rating
| Groww | Bonanza | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Groww Vs Bonanza - Request a call back from Broker
| Groww | Bonanza | |
|---|---|---|
| Call Back Open Account |
Groww Vs Bonanza - Investment Options
| Groww | Bonanza | |
|---|---|---|
| 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 |
Groww Vs Bonanza - Order Type
| Groww | Bonanza | |
|---|---|---|
| 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 |
Groww Vs Bonanza - Research & Report
| Groww | Bonanza | |
|---|---|---|
| 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 |
Groww Vs Bonanza - Daily Market Report
| Groww | Bonanza | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Groww Vs Bonanza - Suitable For Investor
| Groww | Bonanza | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Groww Vs Bonanza - Pros & Cons
| Groww | Bonanza | |
|---|---|---|
| Pros | 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. | 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. |
| Cons | 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. | 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 |
| Call Back Open Account |
Groww Vs Bonanza - Background
| Groww | Bonanza | |
|---|---|---|
| Call Back Open Account |
Groww Vs Bonanza - Compare All Brokers
| Groww | Bonanza | |
|---|---|---|
| Call Back Open Account |
Groww Vs Bonanza - STT/CTT
| Groww | Bonanza | |
|---|---|---|
| Commodity Futures | N/A | 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 | 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 | N/A | 0.05% only on sell side |
| Call Back Open Account |
Groww Vs Bonanza - Demat transaction charges
| Groww | Bonanza | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹15 + GST per scrip only on sell |
| Call Back Open Account |
Groww Vs Bonanza - GST
| Groww | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Groww Vs Bonanza - SEBI Charges
| Groww | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Bonanza - Account Opening & AMC Charges
Groww
Bonanza
Trading Account Opening Charge
₹0 (Free)
₹999/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Groww Vs Bonanza
| Groww | Bonanza | |
|---|---|---|
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. + " Vs "+ Bonanza |
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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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
Groww Vs Bonanza - Brokerage charges & Plans
| Groww | Bonanza | |
|---|---|---|
| Commodity Futures | N/A | ₹18/Order |
| Currency Futures | N/A | ₹18/Order |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | ₹18/Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | ₹18/Order |
| Commodity Options | N/A | ₹18/Order |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | ₹18/Order |
| Currency Options | N/A | ₹18/Order |
| Fixed Charges | ₹20/ Order | ₹18/Order |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | ₹18/Order |
| Call Back Open Account |
Groww Vs Bonanza - Margin (Exposure)
| Groww | Bonanza | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs Bonanza - Other Charges
| Groww | Bonanza | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹0 (Free) |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | N/A | ₹25/Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | ₹18/Order |
| Minimum Brokerage | ₹20/ Order | ₹18/Order |
| Call Back Open Account |
Groww Vs Bonanza - STT/CTT
| Groww | Bonanza | |
|---|---|---|
| Commodity Futures | N/A | 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 | 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 | N/A | 0.05% only on sell side |
| Call Back Open Account |
Groww Vs Bonanza - Demat transaction charges
| Groww | Bonanza | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹15 + GST per scrip only on sell |
| Call Back Open Account |
Groww Vs Bonanza - GST
| Groww | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Groww Vs Bonanza - SEBI Charges
| Groww | Bonanza | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
| Call Back Open Account |
Groww Vs Bonanza - Features
| Groww | Bonanza | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |