Bonanza finance is a full service broker entering into discount broking industry to meet growing challenge in the Indian stock market. The broker maintains a reputed position in share brokerage space with its dedicated research and advisory report, extensive training and guidance, e-access to all markets through single screen and advance charting features.
Percentage based plan and flat fee plans, wide range of investment products and services, low brokerage rates.
Doesn't offer 3 in 1 account; no NRI support; Rs 25 Call and Trade charges.
Bonanza Portfolio - Get Exclusive Offer
Sign up now.
Incorporated in 1994, Bonanza Portfolio Ltd. offers services to trade in equity, derivatives, commodity, currency derivative, distribution of Mutual Funds and IPO, Portfolio Management Services, Mutual Fund Investments, Health Insurance, Real Estate, Loans, Investment Banking, Wealth Management and Depository Services. The company is spread big and wide throughout the country with 1842 outlets across 674 cities in India. With Bonanza you can place orders in Equity, Equity Derivatives, Commodity, Currency, Mutual Funds and IPOs using their online trading platform. The broker provide its client with trading ideas, daily market strategy, monthly updates, investment ideas, daily derivative strategy, weekly newsletter etc. for equity trading. They also provide fundamental and technical research calls and tips on mobile. Bonanza has membership in NSE, BSE, MCX, MCX-SX, CDSL, NSDL, ICEX and USE etc.
The Broker received many awards in financial field like Top performer in Equity Segment 2012; India's no 1 valuable Financial Advisory and Stock Broking Company; 2nd in terms of offices in India 2012.
Bonanza facilitate its client with instant credit and transfer using integrated net banking with HDFC, ICICI, UTI Bank etc.
Daily SMS alerts and confirmation of trading activities is available on mobile phone. Customer care at Bonanza is taken care through E-mail and phone.
|Service Type||Full Service Broker||Discount Broker||Full Service Broker||Full Service Broker||Discount Broker|
|Brokerage||Rs 18||Rs 20||0.05 to .55%||0.1 to 0.5%||Rs 15|
|Account Type||2 in 1||2 in 1||3 in 1||2 in 1||2 in 1|
Bonanza offers three types of Brokerage Plan.
Percentage based brokerage or Default Brokerage Plan:The plan allows to trade in Equity Delivery at .1% per executed order. Equity Future and Intraday can be traded at .01% on the trade value and option trading can be done at 20 Rs per lot.
Flat brokerage plan of Rs 18 per executed order : This plan put Bonanza in discount Broker category. 18 Rs per trade falls in medium range amongst discount brokers.
Monthly plan : Bonanza also offers monthly plan @ Rs 3000 which helps you trade with less brokerage charged and is valid till the turnover/amount not finished. The brokerage charged in this plan is :
They also have Rs 1000 monthly plan, Rs 7500 quaterly plan and Rs 27000 yearly plan. Call & trade facility is available at Rs 25 per executed order.
Bonanza Trading and Demat Account Charges
|Brokerage Plan||18 Flat brokerage plan|
|Equity Delivery||Rs 18 per executed trade|
|Equity Intraday||Rs 18 per executed trade|
|Equity Futures||Rs 18 per executed trade|
|Equity Options||Rs 18 per executed trade|
|Currency Futures||Rs 18 per executed trade|
|Currency Options||Rs 18 per executed trade|
Bonanza offers trading through installable trading software, website based trading and mobile app, all available for free to its customers. Bonanza does not charge any software usage fee.
Bonanza Netnetlite : This is the Web-based interface with real-time data streaming and flexibility to trade from any part of the world. It is safe, user-friendly integrated trading front-end for multiple exchanges.
Bonanza ODIN Diet: This is the exe based interface that has to be loaded on your computer to allow instant updates, information, control and independence.
The key features are:
Bonanza Touch: This is mobile trading app of Bonanza for android phone users.
Bonanza providing demo trading as well as demo for back office application. Demo client login is available for free of cost with minimum documentation.
Bonanza leads by example by providing everything under one roof and going with pace by introducing flat fee brokerage which is the need of the time now.
While Bonanza may not have the cheapest trades, the broker provides an easy-to-use website, a high quality mobile experience, and excellent research that will satisfy both casual and active.
If you like what you have read and want to choose Bonanza Portfolio or any other broker, leave your contact information with us and we will guide you.
Fix Price - Rs 15 Per Trade
Rs 899/Month,8999/Year for
Equity Cash and F&O
Rs 499/Month,4999/Year for
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
Free Delivery trading
Beginner, seasoned investor, active trader or HNI. Get customised solutions.
Free Equity Delivery Trades
Flat 20% discount on online transaction