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Bonanza Portfolio Vs Marwadi Group: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage while the brokerage of Marwadi Group ranges between 0.06% to 0.30%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5. Number of active customer for Marwadi Group is 1,27,449 where number of active customer for Bonanza Portfolio is 54,099. Marwadi Group is serving more customer compare to Bonanza Portfolio.

Here we present side-by-side comparison of Bonanza Portfolio vs Marwadi Group 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 Marwadi Group'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 Marwadi Group 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 Marwadi Group'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 Marwadi Group on Service

	Bonanza Portfolio	Marwadi Group
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Full Service Broker
Exchanges Supported	NSE, BSE, MCX	BSE, NSE, MCX, NCDEX
Active Clients	54,099	1,27,449
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.	Open a free demat & trading account with Marwadi Financial to trade and invest across multiple asset classes on the user-friendly web, app, and desktop platforms, access free research & advisory, and portfolio management services.
Broker Enquiry

Account Opening Charges and AMC

Compare Bonanza Portfolio vs Marwadi Group on Trading & Demat Account Opening Charges

Comparison of Bonanza Portfolio with Marwadi Group on trading & demat account opening charges and AMC. Trading account opening charges - Marwadi Group 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 Marwadi Group charges Rs 250 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Bonanza Portfolio with Marwadi Group

Charges	Bonanza Portfolio	Marwadi Group
Trading Account Opening Fees	Rs 999	Free
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Free	Rs 250 PA
Provide DP Service

About Brokerage Plans

Compare Bonanza Portfolio vs Marwadi Group on Plan Options

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

Compare Bonanza Portfolio with Marwadi Group on Plan Options

Plan Types	Bonanza Portfolio	Marwadi Group
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare Bonanza Portfolio vs Marwadi Group 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

Marwadi Group Brokerage Plan detail - This is a standard plan by the Marwadi Group. This is a percentage-based brokerage plan.

Share Broker's Transaction Charges

Compare Bonanza Portfolio vs Marwadi Group on Transaction Charges

Compare Bonanza Portfolio with Marwadi Group on transaction charges and PCM fee by segment.

Account Features

Compare Bonanza Portfolio vs Marwadi Group on Account Features

Compare Bonanza Portfolio with Marwadi Group 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 - Marwadi Group offers Algo Trading where Bonanza Portfolio doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Bonanza Portfolio offers NRI where Marwadi Group doesn't offers NRI Trading.

Account Features - Bonanza Portfolio with Marwadi Group

Account Features Compare	Bonanza Portfolio	Marwadi Group
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

Trading Platform

Compare Bonanza Portfolio vs Marwadi Group on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Bonanza Portfolio and Marwadi Group. 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 Marwadi Group

Trading Platform Compare	Bonanza Portfolio	Marwadi Group
Desktop Trading Platform	E-Trade(NestTrader)	Marwadi ODIN Diet
Desktop Demo	Info Not Available	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	Aero Web Trading Platform	https://mtrade.marwadionline.com/html5/
Web Trading Demo	Info Not Available	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	Bonanza WAVE MyEtrade	MSFL Connect
Mobile Trading App Demo	Info Not Available	Info Not Available
Android Mobile App
Android App Download	Andriod Bonanza WAVE MyEtrade Download	Andriod MSFL Connect Download
iPhone Mobile App (IOS)
iOS App Download	iOS Bonanza WAVE MyEtrade Download	iOS MSFL Connect Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Info Not Available	Info Not Available
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio	Equity Intraday and Delivery Brokerage Calculator for Marwadi Group
Futures Brokerage Calculator	Futures Brokerage Calculator for Bonanza Portfolio	Futures Brokerage Calculator for Marwadi Group
Options Brokerage Calculator	Options Brokerage Calculator for Bonanza Portfolio	Options Brokerage Calculator for Marwadi Group
Detail	Detail on Trading Platforms for bonanza-portfolio	Detail on Trading Platforms for marwadi-group

Broker Ratings by Users

Compare Bonanza Portfolio vs Marwadi Group on User Rating

	Bonanza Portfolio	Marwadi Group
	3 Customer Reviews	3 Customer Reviews
Fees Ratings	4.7	2.7
Trading Brokerage Rating	4.7	2.3
Trading Platform Usability	5.0	2.0
Customer Service Ratings	4.3	2.3
Overall Ratings	4.7	2.7
Broker Rating	Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews	Marwadi Group is Rated 2.7 / 5 based on 3 customer reviews

Investment Offerings

Compare Bonanza Portfolio vs Marwadi Group on Investment Offerings

Compare Bonanza Portfolio with Marwadi Group 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare Bonanza Portfolio with Marwadi Group

Investment Offerings Compare	Bonanza Portfolio	Marwadi Group
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	Life & General Insurance

Order Types

Compare Bonanza Portfolio vs Marwadi Group on Order Types

Order Type - Compare Bonanza Portfolio with Marwadi Group 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) - Both broker don't have Cover Orders (CO).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- Bonanza Portfolio offers Good Till Cancelled (GTC) orders where Marwadi Group doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Bonanza Portfolio with Marwadi Group

Order Type Compare	Bonanza Portfolio	Marwadi Group
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Bonanza Portfolio vs Marwadi Group on Customer Service

Compare Bonanza Portfolio with Marwadi Group 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 Marwadi Group

Customer Service Compare	Bonanza Portfolio	Marwadi Group
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-68363775 | 022-68363739 | 022-68363708	+91-281-6192000/+91-281-7174000
Account Opening Process	Info Not Available	Info Not Available
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://www.bonanzaonline.com/blog/	https://www.marwadionline.com/blog/
Head Office Address	Info Not Available	Info Not Available
Website	https://www.bonanzaonline.com/	https://www.marwadionline.com/

Tips/Research/Reports Published

Compare Bonanza Portfolio vs Marwadi Group on Research Reports, Tips

Compare Bonanza Portfolio with Marwadi Group on research reports and tips provided by the broker.

Research Reports - Compare Bonanza Portfolio with Marwadi Group

	Bonanza Portfolio	Marwadi Group
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Bonanza Portfolio vs Marwadi Group on Demat Account

Compare Bonanza Portfolio with Marwadi Group 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 Marwadi Group is ₹250 pa 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 Marwadi Group is ₹25.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 Marwadi Group

	Bonanza Portfolio	Marwadi Group
DP Source	CDSL	CDSL
DP ID	No	No
Demat Account Annual Maintenance Charges(AMC)	₹250 pa	₹250 pa
Advance Deposit	NIL	NA-NA-NA-NA-NA-NA-NA-2250#-3600#-NA-NA-NA-2250#-2250#-NA-NA
Statutory charges	Nil	Nil
Transaction Charges on Debit (Per ISIN)	₹12 per transaction	₹25
Demat	₹3 per certificate + ₹50 courier charges	₹3 per certificate
Remat	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges	₹25 per certificate
Pledge Creation	0.01% of transaction value (Min ₹100)	₹50
Pledge Creation Confirmation	Nil	Nil
Pledge Closure	Nil	₹20
Pledge Closure Confirmation	Nil	Nil
Pledge Invocation	Nil	₹25
Failed Instruction Charges	Nil	₹15
Other Charges	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare Bonanza Portfolio vs Marwadi Group on Special Offers and Promotion

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

Compare Bonanza Portfolio vs Marwadi Group on Special Offers and Promotion

	Bonanza Portfolio	Marwadi Group
Pay In and Pay Out Options	Info Not Available	Info Not Available
Payout Time	Info Not Available	Info Not Available
Bank Supported and Charges	Info Not Available	Info Not Available
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...	Trade on BSE, NSE, and MCX. Zero account opening fees. Invest in IPO, mutual funds, insurance, and smartcase portfolios. User-friendly trading platforms. Get best-in-class in-depth research insights for all segments. Margin trading facility. 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...	Non-transparent brokerage charges. Minimum brokerage fee of Rs 20 to Rs 25 per trade, when the trade value is low. Major presence in the Gujarat state only. Detail Review...
Special Offers/Promo
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