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Motilal Oswal Vs Bonanza Portfolio: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Motilal Oswal ranges between 0.02 to 0.20% while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. Both the brokers are Full Service brokers. Motilal Oswal is having overall higher rating compare to Bonanza Portfolio. Motilal Oswal is rated 4 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5. Number of active customer for Motilal Oswal is 8,74,230 where number of active customer for Bonanza Portfolio is 53,588. Motilal Oswal is serving more customer compare to Bonanza Portfolio.

Here we present side-by-side comparison of Motilal Oswal vs Bonanza Portfolio share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Motilal Oswal vs Bonanza Portfolio's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Motilal Oswal vs Bonanza Portfolio share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Motilal Oswal vs Bonanza Portfolio's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Motilal Oswal vs Bonanza Portfolio on Service

  Motilal Oswal Compare
Motilal Oswal
Bonanza Portfolio Compare
Bonanza Portfolio
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 8,74,230 53,588
Broker Overview Extensive range of asset classes, award-winning research, personalized advisory services, great customer service, and dedicated MO Trader and MO Investor app are the key reasons that make Motilal Oswal an excellent broker for traders and investors. Open an account with Bonanza Portfolio full-service broking house to trade and invest across multiple asset classes at flat discount brokerage rates at Rs 18/order on the advanced trading platforms, and get trading tips, research, and PMS services.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Motilal Oswal vs Bonanza Portfolio on Trading & Demat Account Opening Charges

Comparison of Motilal Oswal with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - Motilal Oswal offer Free account opening where Bonanza Portfolio charges Rs 999 for account opening. Demat AMC charges - Bonanza Portfolio offer Free AMC for Demat account where Motilal Oswal charges Rs 400 per annum [Free for 1st year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Motilal Oswal with Bonanza Portfolio
Charges Motilal Oswal Bonanza Portfolio
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 per annum [Free for 1st year] Free
Provide DP Service Yes No
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About Brokerage Plans

Compare Motilal Oswal vs Bonanza Portfolio on Plan Options

Plans are the most important feature you look when compare Motilal Oswal with Bonanza Portfolio. This section compare on high level about type of plans offered by brokers. Multiple Plans - Bonanza Portfolio provides Multiple Plans where Motilal Oswal doesn't offer. Monthly Plans - Bonanza Portfolio provides Monthly Plans where Motilal Oswal doesn't offer

Compare Motilal Oswal with Bonanza Portfolio on Plan Options
Plan Types Motilal Oswal Bonanza Portfolio
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No Yes
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Account Opening

  Zerodha Zerodha
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Brokerage Charges

Compare Motilal Oswal vs Bonanza Portfolio on Brokerage Charges

Motilal Oswal Brokerage Plan detail - The default brokerage plan charges a fixed percentage of brokerage on trading in stocks, derivatives, commodities, and currency segments.

Bonanza Portfolio Brokerage Plan detail - This is a flat brokerage plan of Rs 18 to be charged irrespective of the trade vale and/or Lot size

Brokerage Charges - Compare Motilal Oswal with Bonanza Portfolio
Brokerage Charges Compare Motilal Oswal Bonanza Portfolio
Plan Name Default Brokerage Plan My E Trade - Flat Rs 18 Brokerage Trading Plan
Equity Delivery 0.20% Flat Fee Rs 18
Equity Intraday 0.02% Flat Fee Rs 18
Equity Futures 0.02% Flat Fee Rs 18
Equity Options Rs 20 per lot Flat Fee Rs 18
Currency Futures Rs 20 per lot Flat Fee Rs 18
Currency Options Rs 20 per lot Flat Fee Rs 18
Commodity Trading Futures: 0.02%| Options: Rs 200 Per Lot Flat Fee Rs 18
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges NA NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for Motilal Oswal Brokerage Calculator for Bonanza Portfolio
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Share Broker's Transaction Charges

Compare Motilal Oswal vs Bonanza Portfolio on Transaction Charges

Compare Motilal Oswal with Bonanza Portfolio on transaction charges and PCM fee by segment.

Transaction Charges - Compare Motilal Oswal with Bonanza Portfolio
Transaction Charges Compare Motilal Oswal Bonanza Portfolio
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for motilal-oswal Complete Brokerage Plans for bonanza-portfolio
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Account Features

Compare Motilal Oswal vs Bonanza Portfolio on Account Features

Compare Motilal Oswal with Bonanza Portfolio on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Motilal Oswal with Bonanza Portfolio
Account Features Compare Motilal Oswal Bonanza Portfolio
3 in 1 Account No Motilal Oswal have 2-in-1 account. Only Demate and Trading account. No Motilal Oswal have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Motilal Oswal vs Bonanza Portfolio on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Motilal Oswal and Bonanza Portfolio. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Motilal Oswal with Bonanza Portfolio
Trading Platform Compare Motilal Oswal Bonanza Portfolio
Desktop Trading Platform Orion Lite E-Trade(NestTrader)
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://power.motilaloswal.com/MOSL/userMaster/login Aero Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App MO Trader Bonanza WAVE MyEtrade
Mobile Trading App Demo MO Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod MO Trader Download Andriod Bonanza WAVE MyEtrade Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS MO Trader Download iOS Bonanza WAVE MyEtrade Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Motilal Oswal Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio
Futures Brokerage Calculator Futures Brokerage Calculator for Motilal Oswal Futures Brokerage Calculator for Bonanza Portfolio
Options Brokerage Calculator Options Brokerage Calculator for Motilal Oswal Options Brokerage Calculator for Bonanza Portfolio
Detail Detail on Trading Platforms for motilal-oswal Detail on Trading Platforms for bonanza-portfolio

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Broker Ratings by Users

Compare Motilal Oswal vs Bonanza Portfolio on User Rating

  Motilal Oswal Bonanza Portfolio
  57 Customer Reviews    Rate Motilal Oswal 3 Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 3.2 4.7
Trading Brokerage Rating 2.6 4.7
Trading Platform Usability 3.2 5.0
Customer Service Ratings 3.0 4.3
Overall Ratings 3.0 4.7
Broker Rating Motilal Oswal is Rated 3.0 / 5 based on 57 customer reviews Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Motilal Oswal vs Bonanza Portfolio on Investment Offerings

Compare Motilal Oswal with Bonanza Portfolio on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Motilal Oswal provide PMS Service where Bonanza Portfolio doesn't offer

Investment Offerings - Compare Motilal Oswal with Bonanza Portfolio
Investment Offerings Compare Motilal Oswal Bonanza Portfolio
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Motilal Oswal vs Bonanza Portfolio on Order Types

Order Type - Compare Motilal Oswal with Bonanza Portfolio on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Motilal Oswal provide Cover Orders (CO) where Bonanza Portfolio doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Motilal Oswal provide Bracket Orders (BO) where Bonanza Portfolio doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Motilal Oswal with Bonanza Portfolio
Order Type Compare Motilal Oswal Bonanza Portfolio
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Motilal Oswal vs Bonanza Portfolio on Customer Service

Compare Motilal Oswal with Bonanza Portfolio on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Motilal Oswal with Bonanza Portfolio
Customer Service Compare Motilal Oswal Bonanza Portfolio
24/7 Customer Service Motilal Oswal vs Bonanza Portfolio - 24x7 customer support No No
Email Support Motilal Oswal vs Bonanza Portfolio - Email Support Yes Yes
Onine Live Chat Motilal Oswal vs Bonanza Portfolio - Onine Live Chat No Yes
Phone Support Motilal Oswal vs Bonanza Portfolio - Phone Support Yes Yes
Toll Free Number Motilal Oswal vs Bonanza Portfolio - Toll Free Number No No
Through Branches Motilal Oswal vs Bonanza Portfolio - Through Branches Yes Yes
Customer Care Number Motilal Oswal vs Bonanza Portfolio - Customer Care Number 022 40548000/022 67490600 022-68363775 | 022-68363739 | 022-68363708
Account Opening Process Motilal Oswal vs Bonanza Portfolio - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Motilal Oswal vs Bonanza Portfolio - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Motilal Oswal vs Bonanza Portfolio - Knowledge Center/Education https://edumo.motilaloswal.com/ https://www.bonanzaonline.com/blog/
Head Office Address Motilal Oswal vs Bonanza Portfolio - Head Office Address/Corporate Address Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot,
Prabhadevi, Mumbai-400025
Info Not Available
Website Motilal Oswal vs Bonanza Portfolio - Company Website https://www.motilaloswal.com/ https://www.bonanzaonline.com/
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Tips/Research/Reports Published

Compare Motilal Oswal vs Bonanza Portfolio on Research Reports, Tips

Compare Motilal Oswal with Bonanza Portfolio on research reports and tips provided by the broker.

Research Reports - Compare Motilal Oswal with Bonanza Portfolio
  Motilal Oswal Bonanza Portfolio
Research Mutual Funds Motilal Oswal vs Bonanza Portfolio - Research Mutual Funds Yes No
Research Equity Reports Motilal Oswal vs Bonanza Portfolio - Research Equity Reports Yes No
Research ETF Motilal Oswal vs Bonanza Portfolio - Research ETF Yes No
Daily Market Report Motilal Oswal vs Bonanza Portfolio - Daily Market Report Yes Yes
Free Tips Motilal Oswal vs Bonanza Portfolio - Free Tips Yes Yes
Quarterly Result Analysis Motilal Oswal vs Bonanza Portfolio - Quarterly Results Yes Yes
News Alerts Motilal Oswal vs Bonanza Portfolio - Yes Yes
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Demat Account

Compare Motilal Oswal vs Bonanza Portfolio on Demat Account

Compare Motilal Oswal with Bonanza Portfolio on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Bonanza Portfolio is ₹250 pa where for Motilal Oswal is ₹400 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Motilal Oswal is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) where for Bonanza Portfolio is ₹12 per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Motilal Oswal with Bonanza Portfolio
  Motilal Oswal Bonanza Portfolio
DP Source CDSL CDSL
DP ID Motilal Oswal vs Bonanza Portfolio - DP ID 10900 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹250 pa
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹12 per transaction
Demat ₹50 per certificate + ₹50 courier charges ₹3 per certificate + ₹50 courier charges
Remat ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges
Pledge Creation ₹35 0.01% of transaction value (Min ₹100)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹35 Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹35 Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Motilal Oswal vs Bonanza Portfolio on Special Offers and Promotion

Compare Motilal Oswal with Bonanza Portfolio on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Motilal Oswal vs Bonanza Portfolio on Special Offers and Promotion
  Motilal Oswal Bonanza Portfolio
Pay In and Pay Out Options Motilal Oswal vs Bonanza Portfolio - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from MO Desktop or MO Trader or MO Investor Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Motilal Oswal vs Bonanza Portfolio - Payout Time Max 24 hrs except bank holidays. Info Not Available
Bank Supported and Charges Motilal Oswal vs Bonanza Portfolio - Bank Supported and Charges Around 47 banks allow instant credit facility (Payment Gateway) with charges of ~Rs 7 from Motilal Oswal trading platforms. Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

There are enormous benefits or advantages of trading with Motilal Oswal. Here are the reasons that make it a good fit for both traders and investors;

  • Choice of asset classes i.e., equities, derivatives, commodities, and currencies.
  • Free Demat and trading account opening.
  • Zero maintenance fee for 1st year.
  • Free mobile app for traders (Trader App) and investors (Investor App).
  • Invest in mutual funds and IPOs for free.
  • Free research reports & recommendations.
  • Safe & secure fund transfer with 39+ banks.
  • Access features; StockSIP, IAP (Algorithm advisory), and improve my portfolio (PR).
  • Margin trading and margin against shares
  • Free call & trade service.
  • EDUMO (free learning platform) for beginners, intermediate, and advanced traders.

Detail Review...

  • A complete spectrum of trading and investing products.
  • MyEtrade trading platform.
  • Competitive brokerage at Rs 18 per executed order.
  • Advanced intraday & historical charts.
  • Select Advantage, a bucket of quality stocks curated by the Bonanza research team.
  • Trading tips, positional calls, investment ideas, and mutual fund research.
  • Facilitates NRI trading.
  • Place after-market order (AMO).
  • Dedicated RMs and helpdesk.

Detail Review...

Dislikes

There are some drawbacks or disadvantages that might discourage you to not opening an account with Motilal Oswal. Here are some important trading cons;

  • High brokerage charges
  • Unlike many full-service brokers like Kotak, ICICI, etc., Motilal Oswal does not have any flat discount brokerage plan.
  • You cannot open a 3-in-1 account, Demat + Trading + Bank A/c.
  • It only provides regular mutual fund schemes.

Detail Review...

  • Does not provide bracket order (BO) and cover order (CO) facility.
  • No 3-in-1 account opening facility.
  • No GTT order.

Detail Review...

Special Offers/Promo Free Demat AMC (Client need to opt for 3,000 Value Pack (prepaid brokerage) or Open the A/c with above 25,000 margin)
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T05:03:12+00:00