STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Quick Comparision (ICICI Direct VS Bonanza)

 
 

ICICI Direct Vs Bonanza

ICICI Direct
ICICI Direct is a full service Broker. ICICI Direct gives an overall review and updates about Brokerage Charges, Margin, Trading Software, 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

ICICI Direct Vs Bonanza - Broker Details

ICICI Direct Bonanza
Single Margin Facility
Year of Incorporation 1995 2000
Exchanges BSE and NSE. NSE, BSE
Branches 250+ 694+
Brokerage Prime Plan: ₹900/- ₹18/Order
Broker Type Full service Broker Full Service Broker
Call Back Open Account

ICICI Direct Vs Bonanza - Account Opening & AMC Charges

ICICI Direct Bonanza
Trading Account Opening Charge ₹0 (Free) ₹999/-
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹700 (From 2nd Year) | ₹300 for Neo Customers ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)
Call Back Open Account

ICICI Direct Vs Bonanza - Brokerage charges & Plans

ICICI Direct Bonanza
Commodity Futures ₹20/ Order ₹18/Order
Currency Futures ₹20/ Order ₹18/Order
Equity Delivery ₹0.09% ₹18/Order
Equity Options ₹20/ Order ₹18/Order
Commodity Options ₹20/ Order ₹18/Order
Equity Futures ₹20/ Order ₹18/Order
Currency Options ₹20/ Order ₹18/Order
Fixed Charges ₹20/ Order ₹18/Order
Equity Intraday ₹20/ Order ₹18/Order
Call Back Open Account

ICICI Direct Vs Bonanza - Other Charges

ICICI Direct Bonanza
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) N/A
Call & Trade Charges ₹50/ Order ₹25/Order
Other Brokerage Charges Prime Plan: ₹900/- ₹18/Order
Minimum Brokerage ₹20/ Order ₹18/Order
Call Back Open Account

ICICI Direct Vs Bonanza - Transaction Charges

ICICI Direct Bonanza
Currency Options Exchange turnover charge: 0.04% |Clearing charge: 0.025% 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% NSE - ₹50/Lac (0.05%) on Premium | BSE - ₹25/ Lac (0.025%) on Premium | MCX-SX - ₹25/Lac (0.025%) on Premium
Commodity Non-Agri: Exchange turnover charge: 0.0026% 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 Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% NSE - ₹1.10/Lac (0.0011%) | BSE - ₹0.04/Lac(0.00004%) | MCX-SX - ₹1.05/Lac (0.00105%)
Equity Delivery 0.00345% trade on buy & sell NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac(0.00275%) | MCX-SX - ₹2.00/Lac (0.002%)
Call Back Open Account

ICICI Direct Vs Bonanza - Margin (Exposure)

ICICI Direct Bonanza
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

ICICI Direct Vs Bonanza - Features

ICICI Direct Bonanza
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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

ICICI Direct Vs Bonanza - Review & Rating

ICICI Direct Bonanza
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

ICICI Direct Vs Bonanza - Request a call back from Broker

ICICI Direct Bonanza
Call Back Open Account

ICICI Direct Vs Bonanza - Investment Options

ICICI Direct Bonanza
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD
Call Back Open Account

ICICI Direct Vs Bonanza - Order Type

ICICI Direct Bonanza
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT
Call Back Open Account

ICICI Direct Vs Bonanza - Research & Report

ICICI Direct Bonanza
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts
Call Back Open Account

ICICI Direct Vs Bonanza - Daily Market Report

ICICI Direct Bonanza
Daily Market Reports & News
Call Back Open Account

ICICI Direct Vs Bonanza - Suitable For Investor

ICICI Direct Bonanza
Casual Investor
Active Investor
Trader
Call Back Open Account

ICICI Direct Vs Bonanza - Pros & Cons

ICICI Direct Bonanza
Pros 1. It facilitates its customers by providing an integrated three-in-one account. 2. ICICI direct manages the customer’s demat and bank accounts by transferring the money to the broker’s pool or toward deposits. 3. The investments can be made in online in IPOs, Mutual Funds, GOI Funds and the postal savings schemes all of it from one website. 4. It allows trading at both the national exchanges i.e. NSE and BSE. 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. The brokerage of ICICI direct is high and not negotiable. 2. It does not offer commodity trading. 3. The minimum brokerage as the standard I-Secure plan is ₹20/Order that is high for the traders making small trades. 4. ICICI Direct provides ₹0.05 per share brokerage on the stocks quoting up to ₹10. It becomes difficult to trade in the penny stocks. 5. It charges ₹50 per call for the call and trader after first 20 free calls in a month. 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

ICICI Direct Vs Bonanza - Background

ICICI Direct Bonanza
Call Back Open Account

ICICI Direct Vs Bonanza - Compare All Brokers

ICICI Direct Bonanza
Call Back Open Account

ICICI Direct Vs Bonanza - STT/CTT

ICICI Direct Bonanza
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% only on sell side Non-Agri
Currency Futures No STT No STT
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group 0.025% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell (On Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% only on sell side
Call Back Open Account

ICICI Direct Vs Bonanza - Demat transaction charges

ICICI Direct Bonanza
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹15 + GST per scrip only on sell
Call Back Open Account

ICICI Direct Vs Bonanza - GST

ICICI Direct Bonanza
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

ICICI Direct Vs Bonanza - SEBI Charges

ICICI Direct Bonanza
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore
Call Back Open Account

ICICI Direct Vs Bonanza - Account Opening & AMC Charges

ICICI Direct
Bonanza
Trading Account Opening Charge
₹0 (Free)
₹999/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹700 (From 2nd Year) | ₹300 for Neo Customers
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 

ICICI Direct Vs Bonanza

ICICI Direct Bonanza
 

ICICI Direct Review | Brokerage Charges, Account Opening

With ICICIdirect, you can access retail trading and investment services from India's largest and most trusted stock broker, ICICI securities. It offers customers diverse online trading and investment services through its ICICIdirect platform.

Bonanza Review | Brokerage Charges, Account Opening

Bonanza 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..
 
 

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

ICICI Direct Vs Bonanza - Brokerage charges & Plans

ICICI Direct Bonanza
Commodity Futures ₹20/ Order ₹18/Order
Currency Futures ₹20/ Order ₹18/Order
Equity Delivery ₹0.09% ₹18/Order
Equity Options ₹20/ Order ₹18/Order
Commodity Options ₹20/ Order ₹18/Order
Equity Futures ₹20/ Order ₹18/Order
Currency Options ₹20/ Order ₹18/Order
Fixed Charges ₹20/ Order ₹18/Order
Equity Intraday ₹20/ Order ₹18/Order
Call Back Open Account

ICICI Direct Vs Bonanza - Margin (Exposure)

ICICI Direct Bonanza
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

ICICI Direct Vs Bonanza - Other Charges

ICICI Direct Bonanza
RMS Square Off Charge ₹50/ Order ₹0 (Free)
API Charges ₹0 (Free) N/A
Call & Trade Charges ₹50/ Order ₹25/Order
Other Brokerage Charges Prime Plan: ₹900/- ₹18/Order
Minimum Brokerage ₹20/ Order ₹18/Order
Call Back Open Account

ICICI Direct Vs Bonanza - STT/CTT

ICICI Direct Bonanza
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% only on sell side Non-Agri
Currency Futures No STT No STT
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group 0.025% only on sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% only on sell (On Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & sell
Equity Futures 0.01% on Sell Side 0.01% only on sell
Commodity Options 0.05% on sell side 0.05% only on sell side
Call Back Open Account

ICICI Direct Vs Bonanza - Demat transaction charges

ICICI Direct Bonanza
Equity Demat Transaction Charges Sell - 0.04% of the value of securities (Minimum ₹30 and maximum ₹25,000) ₹15 + GST per scrip only on sell
Call Back Open Account

ICICI Direct Vs Bonanza - GST

ICICI Direct Bonanza
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge)
Call Back Open Account

ICICI Direct Vs Bonanza - SEBI Charges

ICICI Direct Bonanza
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore
Call Back Open Account

ICICI Direct Vs Bonanza - Features

ICICI Direct Bonanza
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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM
Trading Platform 1. ICICI Direct.com (Website). 2. Trade Racer (Trading Terminal). 3. ICICI Direct Mobile App. 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

ICICI Direct

Bonanza