FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of IIFL Securities ranges between Rs 20 while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. Both the brokers are Full Service brokers. IIFL Securities is having overall higher rating compare to Bonanza Portfolio. IIFL Securities is rated 4 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5. Number of active customer for IIFL Securities is 4,39,137 where number of active customer for Bonanza Portfolio is 54,099. IIFL Securities is serving more customer compare to Bonanza Portfolio.
Here we present side-by-side comparison of IIFL Securities 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 IIFL Securities 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 IIFL Securities 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 IIFL Securities vs Bonanza Portfolio's on
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.
Comparison of IIFL Securities with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities 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 IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account.
Charges | IIFL Securities | Bonanza Portfolio |
---|---|---|
Trading Account Opening Fees | Free | Rs 999 |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Rs 250 PA (Free for 1st year) | Free |
Provide DP Service |
Plans are the most important feature you look when compare IIFL Securities with Bonanza Portfolio. This section compare on high level about type of plans offered by brokers. Multiple Plans - Bonanza Portfolio provides Multiple Plans where IIFL Securities doesn't offer. Monthly Plans - Bonanza Portfolio provides Monthly Plans where IIFL Securities doesn't offer
Plan Types | IIFL Securities | Bonanza Portfolio |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
IIFL Securities | Zerodha | |
---|---|---|
Account Opening Request |
IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across 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 | IIFL Securities | Bonanza Portfolio |
---|---|---|
Plan Name | IIFL iSERVE Brokerage Plan | My E Trade - Flat Rs 18 Brokerage Trading Plan |
Equity Delivery | Flat Rs 20 per order | Flat Fee Rs 18 |
Equity Intraday | Flat Rs 20 per order | Flat Fee Rs 18 |
Equity Futures | Flat Rs 20 per order | Flat Fee Rs 18 |
Equity Options | Flat Rs 20 per order | Flat Fee Rs 18 |
Currency Futures | Flat Rs 20 per order | Flat Fee Rs 18 |
Currency Options | Flat Rs 20 per order | Flat Fee Rs 18 |
Commodity Trading | Flat Rs 20 per order | Flat Fee Rs 18 |
Minimum Brokerage | NIL | NIL |
Hidden Charges | Info Not Available | Info Not Available |
Funding | Yes - 18% interest PA | Info Not Available |
Call & Trade Charges | Rs 50 Per Call + GST | NA |
Auto Square off Charges | Rs 50 Per Call + GST | NA |
Brokerage Calculator | Brokerage Calculator for IIFL Securities | Brokerage Calculator for Bonanza Portfolio |
Compare IIFL Securities with Bonanza Portfolio on transaction charges and PCM fee by segment.
Transaction Charges Compare | IIFL Securities | 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 iifl-securities | Complete Brokerage Plans for bonanza-portfolio |
Compare IIFL Securities 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 Compare | IIFL Securities | Bonanza Portfolio |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:15PM | 3:15PM |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities 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 | IIFL Securities | Bonanza Portfolio |
---|---|---|
Desktop Trading Platform | IIFL Trader terminal | E-Trade(NestTrader) |
Desktop Demo | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://ttweb.indiainfoline.com | Aero Web Trading Platform |
Web Trading Demo | Info Not Available | Info Not Available |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | IIFL Markets | Bonanza WAVE MyEtrade |
Mobile Trading App Demo | IIFL Markets Demo | Info Not Available |
Android Mobile App | ||
Android App Download | Andriod IIFL Markets Download | Andriod Bonanza WAVE MyEtrade Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS IIFL Markets Download | iOS Bonanza WAVE MyEtrade Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Info Not Available |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for IIFL Securities | Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio |
Futures Brokerage Calculator | Futures Brokerage Calculator for IIFL Securities | Futures Brokerage Calculator for Bonanza Portfolio |
Options Brokerage Calculator | Options Brokerage Calculator for IIFL Securities | Options Brokerage Calculator for Bonanza Portfolio |
Detail | Detail on Trading Platforms for iifl-securities | Detail on Trading Platforms for bonanza-portfolio |
Compare IIFL Securities 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) - IIFL Securities provide PMS Service where Bonanza Portfolio doesn't offer
Investment Offerings Compare | IIFL Securities | Bonanza Portfolio |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | NIL |
Order Type - Compare IIFL Securities 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) - IIFL Securities 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) - Both broker don't have Bracket Orders (BO).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 Type Compare | IIFL Securities | Bonanza Portfolio |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare IIFL Securities 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 Service Compare | IIFL Securities | Bonanza Portfolio |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 022-40071000 | 022-68363775 | 022-68363739 | 022-68363708 |
Account Opening Process | Online/Paperless | Info Not Available |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx | https://www.bonanzaonline.com/blog/ |
Head Office Address | IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604 |
Info Not Available |
Website | https://www.indiainfoline.com/ | https://www.bonanzaonline.com/ |
Compare IIFL Securities with Bonanza Portfolio on research reports and tips provided by the broker.
Compare IIFL Securities 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 IIFL Securities 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 IIFL Securities 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
Compare IIFL Securities with Bonanza Portfolio on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
IIFL Securities | 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 TradeTerminal or TTWeb or Mobile App. Pay-out/Fund Withdrawal - Bank Transfer only |
Info Not Available |
Payout Time | Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. | Info Not Available |
Bank Supported and Charges | Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. | Info Not Available |
Bank Detail | India Infoline Ltd Account No.:IILEQ1XXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0CMSNOC |
Info Not Available |
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Special Offers/Promo | ||
Enquiry | Open IIFL Securities Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-09-14T04:42:55+00:00