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Bonanza Portfolio Vs ProStocks: Which one is better?

Both the brokers are registered with SEBI. Bonanza Portfolio offers investmenet in Equity, F&O, Currency and Commodities, where ProStocks 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 ProStocks ranges between Rs 15. Bonanza Portfolio is a Full Service Broker where ProStocks is a Discount Broker. Bonanza Portfolio is having overall lower rating compare to ProStocks. Bonanza Portfolio is rated only 3.5 out of 5 where ProStocks is rated 4 out of 5. Number of active customer for Bonanza Portfolio is 53,588 where number of active customer for ProStocks is 6,589. Bonanza Portfolio is serving more customer compare to ProStocks.

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

  Bonanza Portfolio Compare
Bonanza Portfolio
ProStocks Compare
ProStocks
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 53,588 6,589
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. Best discount broker for high-volume active traders as well as everyday investors. Zero brokerage monthly trading plans at just Rs. 899 (equity and equity derivatives), Rs. 499 (currency trading), and ultra-fast ProStocks Desktop terminal makes it an...Know more about ProStocks
Broker Enquiry Request call back from Zerodha Request call back from ProStocks
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Account Opening Charges and AMC

Compare Bonanza Portfolio vs ProStocks on Trading & Demat Account Opening Charges

Comparison of Bonanza Portfolio with ProStocks on trading & demat account opening charges and AMC. Trading account opening charges - ProStocks 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 ProStocks charges Rs 0 (Rs 1000 Refundable Deposit) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Bonanza Portfolio with ProStocks
Charges Bonanza Portfolio ProStocks
Trading Account Opening Fees Rs 999 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 0 (Rs 1000 Refundable Deposit)
Provide DP Service No Yes
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About Brokerage Plans

Compare Bonanza Portfolio vs ProStocks on Plan Options

Plans are the most important feature you look when compare Bonanza Portfolio with ProStocks. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers provides Monthly Plans.

Compare Bonanza Portfolio with ProStocks on Plan Options
Plan Types Bonanza Portfolio ProStocks
Multiple Plans Yes Yes
Monthly Plans Yes Yes
Yearly Plans Yes Yes
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Account Opening Request

Account Opening

  Zerodha ProStocks
Account Opening Request
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Brokerage Charges

Compare Bonanza Portfolio vs ProStocks 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

ProStocks Brokerage Plan detail - Free Delivery Trading, Rs 15, per trade-in any other segment, fix price, no worries of volume and size of a trade. NO PCM FEE.

Brokerage Charges - Compare Bonanza Portfolio with ProStocks
Brokerage Charges Compare Bonanza Portfolio ProStocks
Plan Name My E Trade - Flat Rs 18 Brokerage Trading Plan Flat Fee Rs 15 Trading Plan
Equity Delivery Flat Fee Rs 18 Free
Equity Intraday Flat Fee Rs 18 Flat Fee Rs 15
Equity Futures Flat Fee Rs 18 Flat Fee Rs 15
Equity Options Flat Fee Rs 18 Flat Fee Rs 15
Currency Futures Flat Fee Rs 18 Flat Fee Rs 15
Currency Options Flat Fee Rs 18 Flat Fee Rs 15
Commodity Trading Flat Fee Rs 18 NA
Minimum Brokerage NIL NA
Hidden Charges Info Not Available No
Funding Info Not Available No
Call & Trade Charges NA Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Auto Square off Charges NA Delivery Rs 25, Intraday and F&O Rs 10 per executed order
Brokerage Calculator Brokerage Calculator for Bonanza Portfolio Brokerage Calculator for ProStocks
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Share Broker's Transaction Charges

Compare Bonanza Portfolio vs ProStocks on Transaction Charges

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

Transaction Charges - Compare Bonanza Portfolio with ProStocks
Transaction Charges Compare Bonanza Portfolio ProStocks
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 prostocks
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Account Features

Compare Bonanza Portfolio vs ProStocks on Account Features

Compare Bonanza Portfolio with ProStocks 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 - ProStocks offers Algo Trading where Bonanza Portfolio doesn't offers Algo Trading. Margin Funding - Bonanza Portfolio offers a margin funding where ProStocks doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Bonanza Portfolio with ProStocks
Account Features Compare Bonanza Portfolio ProStocks
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 Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Bonanza Portfolio vs ProStocks on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Bonanza Portfolio and ProStocks. 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 ProStocks
Trading Platform Compare Bonanza Portfolio ProStocks
Desktop Trading Platform E-Trade(NestTrader) Star ProStocks
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail Aero Web Trading Platform https://www.prostocksweb.com/
Web Trading Demo Info Not Available Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Bonanza WAVE MyEtrade Star ProStocks
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Bonanza WAVE MyEtrade Download Andriod Star ProStocks Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS Bonanza WAVE MyEtrade Download iOS Star ProStocks Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio Equity Intraday and Delivery Brokerage Calculator for ProStocks
Futures Brokerage Calculator Futures Brokerage Calculator for Bonanza Portfolio Futures Brokerage Calculator for ProStocks
Options Brokerage Calculator Options Brokerage Calculator for Bonanza Portfolio Options Brokerage Calculator for ProStocks
Detail Detail on Trading Platforms for bonanza-portfolio Detail on Trading Platforms for prostocks

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Broker Ratings by Users

Compare Bonanza Portfolio vs ProStocks on User Rating

  Bonanza Portfolio ProStocks
  3 Customer Reviews    Rate Bonanza Portfolio 4 Customer Reviews    Rate ProStocks
Fees Ratings 4.7 4.5
Trading Brokerage Rating 4.7 4.5
Trading Platform Usability 5.0 4.5
Customer Service Ratings 4.3 4.0
Overall Ratings 4.7 4.5
Broker Rating Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews ProStocks is Rated 4.5 / 5 based on 4 customer reviews
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Investment Offerings

Compare Bonanza Portfolio vs ProStocks on Investment Offerings

Compare Bonanza Portfolio with ProStocks 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 ProStocks doesn't offer. Online Mutual Fund Investment - Bonanza Portfolio offers online mutual fund investment option where ProStocks doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Bonanza Portfolio vs ProStocks on Order Types

Order Type - Compare Bonanza Portfolio with ProStocks 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) - ProStocks 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) - ProStocks 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 ProStocks
Order Type Compare Bonanza Portfolio ProStocks
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 ProStocks on Customer Service

Compare Bonanza Portfolio with ProStocks 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 ProStocks
Customer Service Compare Bonanza Portfolio ProStocks
24/7 Customer Service Bonanza Portfolio vs ProStocks - 24x7 customer support No No
Email Support Bonanza Portfolio vs ProStocks - Email Support Yes Yes
Onine Live Chat Bonanza Portfolio vs ProStocks - Onine Live Chat Yes No
Phone Support Bonanza Portfolio vs ProStocks - Phone Support Yes Yes
Toll Free Number Bonanza Portfolio vs ProStocks - Toll Free Number No No
Through Branches Bonanza Portfolio vs ProStocks - Through Branches Yes No
Customer Care Number Bonanza Portfolio vs ProStocks - Customer Care Number 022-68363775 | 022-68363739 | 022-68363708 +91-2262-434343
Account Opening Process Bonanza Portfolio vs ProStocks - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Bonanza Portfolio vs ProStocks - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Bonanza Portfolio vs ProStocks - Knowledge Center/Education https://www.bonanzaonline.com/blog/ https://www.prostocks.com/faq.html
Head Office Address Bonanza Portfolio vs ProStocks - Head Office Address/Corporate Address Info Not Available Sunlight Broking LLP,
B-50, Pravasi Industrial Estate,
Goregaon (East),
Mumbai - 400063
Website Bonanza Portfolio vs ProStocks - Company Website https://www.bonanzaonline.com/ https://www.prostocks.com
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Tips/Research/Reports Published

Compare Bonanza Portfolio vs ProStocks on Research Reports, Tips

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

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

Compare Bonanza Portfolio vs ProStocks on Demat Account

Compare Bonanza Portfolio with ProStocks 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 ProStocks is Free (₹1000 Refundable Deposit) where for Bonanza Portfolio is ₹250 pa. ProStocks is a better choice in terms of Demat AMC compare to Bonanza Portfolio.

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 ProStocks is ₹20 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 ProStocks
  Bonanza Portfolio ProStocks
DP Source CDSL CDSL
DP ID Bonanza Portfolio vs ProStocks - DP ID No 83200
Demat Account Annual Maintenance Charges(AMC) ₹250 pa Free (₹1000 Refundable Deposit)
Advance Deposit NIL 1000/- Refundable Deposit against charges
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 per transaction ₹20 per ISIN
Demat ₹3 per certificate + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges ₹50 per set up + ₹50 courier charges
Pledge Creation 0.01% of transaction value (Min ₹100) ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil ₹50
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil ₹50
Failed Instruction Charges Nil ₹50 per transaction
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Bonanza Portfolio vs ProStocks on Special Offers and Promotion

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

Compare Bonanza Portfolio vs ProStocks on Special Offers and Promotion
  Bonanza Portfolio ProStocks
Pay In and Pay Out Options Bonanza Portfolio vs ProStocks - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Prostocks Mobile, Prostocks Desktop and Prostocks Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Bonanza Portfolio vs ProStocks - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Bonanza Portfolio vs ProStocks - Bank Supported and Charges Info Not Available Around 23 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Prostocks trading platforms.
Bank Detail Info Not Available SUNLIGHT BROKING LLP,
Account Number:00600340080912
Bank and Branch: HDFC BANK, FORT
Account Type: Current Account
IFSC Code: HDFC0000060
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...

  • Lifetime Zero AMC Demat Account and free delivery trading.
  • Cheapest online trading services at 15 per order brokerage plan.
  • Place an unlimited number of trades by subscribing to ProStocks monthly trading plan.
  • Trade on Free trading platforms; mobile app, website, and desktop trading software.
  • Different types of ProStocks Star API; Trading API, Websocket API, Publisher API, Historical API.
  • FoxTrader, is an ultra-modern windows-based automated trading platform.
  • Cheapest intraday call & trade service at just Rs. 10 per trade.
  • Get referral benefits with Prostocks Referral plan.
  • Secure & hassle-free fund transfer via 30+ supported banks.
  • Free instant fund transfer via UPI.
  • Advanced orders like Cover order, Bracket order, basket order, and after-market order.
  • Place Good Till Triggered (GTT) order.
  • Use online tools like brokerage calculator and margin calculator.
  • No PCM fee.
  • No proprietary trading.

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...

  • It does not offer a 3-in-1 account opening facility.
  • ProStocks does not provide commodity trading services.
  • It does not offer mutual funds investment facility.
  • ProStocks IPO Apply facility is only available on the ProStocks website.
  • It does not provide intraday trading tips, research, and advisory facility.

Detail Review...

Special Offers/Promo ProStocks offer FREE Trading + Demat Account (NO AMC). You can trade unlimited in equity segment for Rs 899/month or choose Rs 15 per trade plan. Thereby saving up to 90% on brokerage. ProStocks also offer Rs 0 Demat AMC with one time Rs 1000 refundable deposit.
Enquiry Open Zerodha Account Now>> Open ProStocks Account Now>>

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