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Bonanza Portfolio Vs Paytm Money: Which one is better?

Both the brokers are registered with SEBI. Bonanza Portfolio offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Bonanza Portfolio Max Rs 18 flat brokerage per trade while the brokerage of Paytm Money ranges between Rs 20. Bonanza Portfolio is a Full Service Broker where Paytm Money is a Discount Broker. Bonanza Portfolio is having overall lower rating compare to Paytm Money. Bonanza Portfolio is rated only 3.5 out of 5 where Paytm Money is rated 4 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for Bonanza Portfolio is 54,099. Paytm Money is serving more customer compare to Bonanza Portfolio.

Here we present side-by-side comparison of Bonanza Portfolio vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Bonanza Portfolio vs Paytm Money'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 Bonanza Portfolio vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Bonanza Portfolio vs Paytm Money'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 Bonanza Portfolio vs Paytm Money on Service

  Bonanza Portfolio Compare
Bonanza Portfolio
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX NSE, BSE
Active Clients 54,099 8,02,146
Broker Overview 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. In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ...Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Bonanza Portfolio vs Paytm Money on Trading & Demat Account Opening Charges

Comparison of Bonanza Portfolio with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Paytm Money offer Free account opening where Bonanza Portfolio charges Rs 999 for account opening. Demat AMC charges - Both broker don't charge any AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare Bonanza Portfolio with Paytm Money
Charges Bonanza Portfolio Paytm Money
Trading Account Opening Fees Rs 999 Free
Trading AMC Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free
Demat AMC Free Free
Provide DP Service No Yes
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About Brokerage Plans

Compare Bonanza Portfolio vs Paytm Money on Plan Options

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

Compare Bonanza Portfolio with Paytm Money on Plan Options
Plan Types Bonanza Portfolio Paytm Money
Multiple Plans Yes No
Monthly Plans Yes No
Yearly Plans Yes No
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Account Opening Request

Account Opening

  Zerodha Paytm Money
Account Opening Request
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Brokerage Charges

Compare Bonanza Portfolio vs Paytm Money on Brokerage Charges

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

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Bonanza Portfolio with Paytm Money
Brokerage Charges Compare Bonanza Portfolio Paytm Money
Plan Name My E Trade - Flat Rs 18 Brokerage Trading Plan Flat Brokerage Plan
Equity Delivery Flat Fee Rs 18 2.5% or Rs 20 whichever is lower
Equity Intraday Flat Fee Rs 18 0.05% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 18 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 18 Flat Fee Rs 20
Currency Futures Flat Fee Rs 18 NA
Currency Options Flat Fee Rs 18 NA
Commodity Trading Flat Fee Rs 18 NA
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Info Not Available Info Not Available
Call & Trade Charges NA Rs 100/order +GST
Auto Square off Charges NA Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Bonanza Portfolio Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Bonanza Portfolio vs Paytm Money on Transaction Charges

Compare Bonanza Portfolio with Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Bonanza Portfolio with Paytm Money
Transaction Charges Compare Bonanza Portfolio Paytm Money
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 NA
Brokerage Charges Complete Brokerage Plans for bonanza-portfolio Complete Brokerage Plans for paytm-money
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Account Features

Compare Bonanza Portfolio vs Paytm Money on Account Features

Compare Bonanza Portfolio with Paytm Money 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 - Bonanza Portfolio offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - Bonanza Portfolio offers NRI where Paytm Money doesn't offers NRI Trading.

Account Features - Bonanza Portfolio with Paytm Money
Account Features Compare Bonanza Portfolio Paytm Money
3 in 1 Account No Bonanza Portfolio have 2-in-1 account. Only Demate and Trading account. No Bonanza Portfolio have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Bonanza Portfolio vs Paytm Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Bonanza Portfolio and Paytm Money. 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 Bonanza Portfolio with Paytm Money
Trading Platform Compare Bonanza Portfolio Paytm Money
Desktop Trading Platform E-Trade(NestTrader) Paytm Money
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail Aero Web Trading Platform Paytm Money Web
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Bonanza WAVE MyEtrade Paytm Money App
Mobile Trading App Demo Info Not Available Paytm Money App Demo
Android Mobile App Yes Yes
Android App Download Andriod Bonanza WAVE MyEtrade Download Andriod Paytm Money App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS Bonanza WAVE MyEtrade Download iOS Paytm Money App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Bonanza Portfolio Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Bonanza Portfolio Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for bonanza-portfolio Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Bonanza Portfolio vs Paytm Money on User Rating

  Bonanza Portfolio Paytm Money
  3 Customer Reviews    Rate Bonanza Portfolio 6 Customer Reviews    Rate Paytm Money
Fees Ratings 4.7 3.2
Trading Brokerage Rating 4.7 3.8
Trading Platform Usability 5.0 3.2
Customer Service Ratings 4.3 2.7
Overall Ratings 4.7 3.0
Broker Rating Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare Bonanza Portfolio vs Paytm Money on Investment Offerings

Compare Bonanza Portfolio with Paytm Money 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 - Bonanza Portfolio offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Bonanza Portfolio vs Paytm Money on Order Types

Order Type - Compare Bonanza Portfolio with Paytm Money 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) - Paytm Money provides 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) - Paytm Money provides 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 Bonanza Portfolio with Paytm Money
Order Type Compare Bonanza Portfolio Paytm Money
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Bonanza Portfolio vs Paytm Money on Customer Service

Compare Bonanza Portfolio with Paytm Money 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 Bonanza Portfolio with Paytm Money
Customer Service Compare Bonanza Portfolio Paytm Money
24/7 Customer Service Bonanza Portfolio vs Paytm Money - 24x7 customer support No No
Email Support Bonanza Portfolio vs Paytm Money - Email Support Yes Yes
Onine Live Chat Bonanza Portfolio vs Paytm Money - Onine Live Chat Yes No
Phone Support Bonanza Portfolio vs Paytm Money - Phone Support Yes No
Toll Free Number Bonanza Portfolio vs Paytm Money - Toll Free Number No No
Through Branches Bonanza Portfolio vs Paytm Money - Through Branches Yes No
Customer Care Number Bonanza Portfolio vs Paytm Money - Customer Care Number 022-68363775 | 022-68363739 | 022-68363708 Info Not Available
Account Opening Process Bonanza Portfolio vs Paytm Money - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Bonanza Portfolio vs Paytm Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Bonanza Portfolio vs Paytm Money - Knowledge Center/Education https://www.bonanzaonline.com/blog/ https://www.paytmmoney.com/care
Head Office Address Bonanza Portfolio vs Paytm Money - Head Office Address/Corporate Address Info Not Available Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website Bonanza Portfolio vs Paytm Money - Company Website https://www.bonanzaonline.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Bonanza Portfolio vs Paytm Money on Research Reports, Tips

Compare Bonanza Portfolio with Paytm Money on research reports and tips provided by the broker.

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

Compare Bonanza Portfolio vs Paytm Money on Demat Account

Compare Bonanza Portfolio with Paytm Money 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 Paytm Money is Zero where for Bonanza Portfolio is ₹250 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 Bonanza Portfolio is ₹12 per transaction where for Paytm Money is ₹10 per ISIN.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 Bonanza Portfolio with Paytm Money
  Bonanza Portfolio Paytm Money
DP Source CDSL CDSL
DP ID Bonanza Portfolio vs Paytm Money - DP ID No 12088800
Demat Account Annual Maintenance Charges(AMC) ₹250 pa Zero
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 per transaction ₹10 per ISIN
Demat ₹3 per certificate + ₹50 courier charges ₹250 per 100 shares
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges ₹250 per 100 shares
Pledge Creation 0.01% of transaction value (Min ₹100) ₹32 per ISIN
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil ₹32 per ISIN
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil ₹32 per ISIN
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Bonanza Portfolio vs Paytm Money on Special Offers and Promotion

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

Compare Bonanza Portfolio vs Paytm Money on Special Offers and Promotion
  Bonanza Portfolio Paytm Money
Pay In and Pay Out Options Bonanza Portfolio vs Paytm Money - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Bonanza Portfolio vs Paytm Money - Payout Time Info Not Available Max 24 hrs except bank holidays
Bank Supported and Charges Bonanza Portfolio vs Paytm Money - Bank Supported and Charges Info Not Available Paytm Money allows 190+ Banks.
Bank Detail Info Not Available Info Not Available
Likes
  • 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...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

Detail Review...

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

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Paytm Money Account Now>>

Last Updated on 2023-08-21T04:19:51+00:00