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 Nuvama Wealth Max Rs 10 per trade while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. Nuvama Wealth is a Discount Broker where Bonanza Portfolio is a Full Service Broker. Overall rating for both the brokers are equal with rating 3.5 out of 5. Number of active customer for Nuvama Wealth is 1,74,590 where number of active customer for Bonanza Portfolio is 53,588. Nuvama Wealth is serving more customer compare to Bonanza Portfolio.
Here we present side-by-side comparison of Nuvama Wealth 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 Nuvama Wealth 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 Nuvama Wealth 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 Nuvama Wealth 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 Nuvama Wealth with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth 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 Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.
Charges | Nuvama Wealth | Bonanza Portfolio |
---|---|---|
Trading Account Opening Fees | Free | Rs 999 |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] | Free |
Provide DP Service |
Plans are the most important feature you look when compare Nuvama Wealth with Bonanza Portfolio. 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 - Bonanza Portfolio provides Monthly Plans where Nuvama Wealth doesn't offer
Plan Types | Nuvama Wealth | Bonanza Portfolio |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Nuvama Wealth | Zerodha | |
---|---|---|
Account Opening Request |
Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.
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 | Nuvama Wealth | Bonanza Portfolio |
---|---|---|
Plan Name | Nuvama Lite | My E Trade - Flat Rs 18 Brokerage Trading Plan |
Equity Delivery | Flat Rs. 10 per executed order | Flat Fee Rs 18 |
Equity Intraday | Flat Rs. 10 per executed order | Flat Fee Rs 18 |
Equity Futures | Flat Rs. 10 per executed order | Flat Fee Rs 18 |
Equity Options | Flat Rs. 10 per executed order | Flat Fee Rs 18 |
Currency Futures | Flat Rs. 10 per executed order | Flat Fee Rs 18 |
Currency Options | Flat Rs. 10 per executed order | Flat Fee Rs 18 |
Commodity Trading | 0.01% | Flat Fee Rs 18 |
Minimum Brokerage | NIL | NIL |
Hidden Charges | Info Not Available | Info Not Available |
Funding | Yes - 24% interest PA | Info Not Available |
Call & Trade Charges | Rs 20 per call | NA |
Auto Square off Charges | Rs 20 | NA |
Brokerage Calculator | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Bonanza Portfolio |
Compare Nuvama Wealth with Bonanza Portfolio on transaction charges and PCM fee by segment.
Transaction Charges Compare | Nuvama Wealth | 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 nuvama-wealth | Complete Brokerage Plans for bonanza-portfolio |
Compare Nuvama Wealth 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 - Nuvama Wealth 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 - Both broker provides NRI Trading facility.
Account Features Compare | Nuvama Wealth | 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 Nuvama Wealth 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 | Nuvama Wealth | Bonanza Portfolio |
---|---|---|
Desktop Trading Platform | Xtreme Trader | E-Trade(NestTrader) |
Desktop Demo | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://tlounge.edelweiss.in/Login | Aero Web Trading Platform |
Web Trading Demo | Info Not Available | Info Not Available |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | Nuvama Mobile Trader | Bonanza WAVE MyEtrade |
Mobile Trading App Demo | Nuvama Mobile Trader Demo | Info Not Available |
Android Mobile App | ||
Android App Download | Andriod Nuvama Mobile Trader Download | Andriod Bonanza WAVE MyEtrade Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS Nuvama Mobile Trader 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 Nuvama Wealth | Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio |
Futures Brokerage Calculator | Futures Brokerage Calculator for Nuvama Wealth | Futures Brokerage Calculator for Bonanza Portfolio |
Options Brokerage Calculator | Options Brokerage Calculator for Nuvama Wealth | Options Brokerage Calculator for Bonanza Portfolio |
Detail | Detail on Trading Platforms for nuvama-wealth | Detail on Trading Platforms for bonanza-portfolio |
Compare Nuvama Wealth 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) - Nuvama Wealth provide PMS Service where Bonanza Portfolio doesn't offer
Investment Offerings Compare | Nuvama Wealth | 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 Nuvama Wealth 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) - Nuvama Wealth 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- Bonanza Portfolio offers Good Till Cancelled (GTC) orders where Nuvama Wealth doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | Nuvama Wealth | Bonanza Portfolio |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare Nuvama Wealth 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 | Nuvama Wealth | Bonanza Portfolio |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 1800 102 3335 | 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://www.nuvamawealth.com/investology | https://www.bonanzaonline.com/blog/ |
Head Office Address | Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Info Not Available |
Website | https://www.nuvamawealth.com/ | https://www.bonanzaonline.com/ |
Compare Nuvama Wealth with Bonanza Portfolio on research reports and tips provided by the broker.
Compare Nuvama Wealth 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 Nuvama Wealth is Free (₹1500 one time charges) where for Bonanza Portfolio is ₹250 pa. Nuvama Wealth 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 Nuvama Wealth is 0.02% of transaction value or ₹20 per transaction whichever is higher 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 Nuvama Wealth with Bonanza Portfolio on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
Nuvama Wealth | Bonanza Portfolio | |
---|---|---|
Pay In and Pay Out Options | Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Terminal X3,Nuvama Web,Mobile Trader. Pay-out/Fund Withdrawal - Bank Transfer only |
Info Not Available |
Payout Time | Upto 24 Hrs except Bank Holidays. | Info Not Available |
Bank Supported and Charges | Info Not Available | Info Not Available |
Bank Detail | Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
Info Not Available |
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Special Offers/Promo | ||
Enquiry | Open Nuvama Wealth Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2024-01-15T22:01:18+00:00