FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

ICICIDirect Vs Bonanza Portfolio: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of ICICIDirect ranges between Rs. 20 while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. Both the brokers are Full Service brokers. ICICIDirect is having overall higher rating compare to Bonanza Portfolio. ICICIDirect is rated 4 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5. Number of active customer for ICICIDirect is 18,69,925 where number of active customer for Bonanza Portfolio is 53,588. ICICIDirect is serving more customer compare to Bonanza Portfolio.

Here we present side-by-side comparison of ICICIDirect 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 ICICIDirect 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 ICICIDirect 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 ICICIDirect 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
  • 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 ICICIDirect vs Bonanza Portfolio on Service

  ICICIDirect Compare
ICICIDirect
Bonanza Portfolio Compare
Bonanza Portfolio
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX NSE, BSE, MCX
Active Clients 18,69,925 53,588
Broker Overview ICICIDirect is one of the top-rated full-service stock brokers serving an active clientele base of above 30 lakh. Its multiple trading & investing products, Rs. 20 NEO flat discount brokerage plan, reliable research and advisory, and advanced tec... Know more about ICICIDirect 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.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

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

Comparison of ICICIDirect with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect 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 ICICIDirect charges Rs 300 per annum AMC for Demat account.

Trading & Demat Account Opening Charges - Compare ICICIDirect with Bonanza Portfolio
Charges ICICIDirect Bonanza Portfolio
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 per annum Free
Provide DP Service Yes No
Expand

About Brokerage Plans

Compare ICICIDirect vs Bonanza Portfolio on Plan Options

Plans are the most important feature you look when compare ICICIDirect 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 ICICIDirect doesn't offer

Compare ICICIDirect with Bonanza Portfolio on Plan Options
Plan Types ICICIDirect Bonanza Portfolio
Multiple Plans Yes Yes
Monthly Plans No Yes
Yearly Plans No Yes
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare ICICIDirect vs Bonanza Portfolio on Brokerage Charges

ICICIDirect Brokerage Plan detail - ICICI Direct NEO is a flat brokerage plan that charges a flat fee of Rs. 20 per order on equity intraday, equity options, currency, and commodity derivative trading segment while offers free equity futures trading.

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 ICICIDirect with Bonanza Portfolio
Brokerage Charges Compare ICICIDirect Bonanza Portfolio
Plan Name NEO Flat Discount Brokerage Plan My E Trade - Flat Rs 18 Brokerage Trading Plan
Equity Delivery 0.55% Flat Fee Rs 18
Equity Intraday Flat Rs. 20 per order Flat Fee Rs 18
Equity Futures Free (Rs. 0 brokerage) 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 Rs 35 per trade NIL
Hidden Charges Yes Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges First 20 call free and Rs 25 there onwards. NA
Auto Square off Charges First 20 call free and Rs 25 there onwards. NA
Brokerage Calculator Brokerage Calculator for ICICIDirect Brokerage Calculator for Bonanza Portfolio
Expand

Share Broker's Transaction Charges

Compare ICICIDirect vs Bonanza Portfolio on Transaction Charges

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

Transaction Charges - Compare ICICIDirect with Bonanza Portfolio
Transaction Charges Compare ICICIDirect 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 NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for icicidirect Complete Brokerage Plans for bonanza-portfolio
Expand

Account Features

Compare ICICIDirect vs Bonanza Portfolio on Account Features

Compare ICICIDirect with Bonanza Portfolio on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect offers 3-in-1 account where Bonanza Portfolio offers only 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 - ICICIDirect with Bonanza Portfolio
Account Features Compare ICICIDirect Bonanza Portfolio
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICIDirect have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare ICICIDirect vs Bonanza Portfolio on Trading Platform

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

Expand

Broker Ratings by Users

Compare ICICIDirect vs Bonanza Portfolio on User Rating

  ICICIDirect Bonanza Portfolio
  267 Customer Reviews    Rate ICICIDirect 3 Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 2.4 4.7
Trading Brokerage Rating 1.8 4.7
Trading Platform Usability 3.3 5.0
Customer Service Ratings 2.9 4.3
Overall Ratings 2.5 4.7
Broker Rating ICICIDirect is Rated 2.5 / 5 based on 267 customer reviews Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews
Expand

Investment Offerings

Compare ICICIDirect vs Bonanza Portfolio on Investment Offerings

Compare ICICIDirect 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 - Bonanza Portfolio offers trading options in Commodity (MCX) where ICICIDirect doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - ICICIDirect provide PMS Service where Bonanza Portfolio doesn't offer

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

Order Types

Compare ICICIDirect vs Bonanza Portfolio on Order Types

Order Type - Compare ICICIDirect 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) - ICICIDirect 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 Types - Compare ICICIDirect with Bonanza Portfolio
Order Type Compare ICICIDirect Bonanza Portfolio
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
Expand

Customer Service Offered

Compare ICICIDirect vs Bonanza Portfolio on Customer Service

Compare ICICIDirect 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 Support - Compare ICICIDirect with Bonanza Portfolio
Customer Service Compare ICICIDirect Bonanza Portfolio
24/7 Customer Service ICICIDirect vs Bonanza Portfolio - 24x7 customer support No No
Email Support ICICIDirect vs Bonanza Portfolio - Email Support Yes Yes
Onine Live Chat ICICIDirect vs Bonanza Portfolio - Onine Live Chat No Yes
Phone Support ICICIDirect vs Bonanza Portfolio - Phone Support Yes Yes
Toll Free Number ICICIDirect vs Bonanza Portfolio - Toll Free Number No No
Through Branches ICICIDirect vs Bonanza Portfolio - Through Branches Yes Yes
Customer Care Number ICICIDirect vs Bonanza Portfolio - Customer Care Number 1860 123 1122 022-68363775 | 022-68363739 | 022-68363708
Account Opening Process ICICIDirect vs Bonanza Portfolio - Account Opening Process Online Info Not Available
Customer Support Email ICICIDirect vs Bonanza Portfolio - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs Bonanza Portfolio - Knowledge Center/Education https://www.icicidirect.com/knowledge-center https://www.bonanzaonline.com/blog/
Head Office Address ICICIDirect vs Bonanza Portfolio - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai - 400020
Info Not Available
Website ICICIDirect vs Bonanza Portfolio - Company Website https://www.icicidirect.com https://www.bonanzaonline.com/
Expand

Tips/Research/Reports Published

Compare ICICIDirect vs Bonanza Portfolio on Research Reports, Tips

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

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

Demat Account

Compare ICICIDirect vs Bonanza Portfolio on Demat Account

Compare ICICIDirect 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 ICICIDirect is ₹700 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 ICICIDirect is 0.04% (Min ₹30 and Max ₹25,000) + ₹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

Demat Charges - Compare ICICIDirect with Bonanza Portfolio
  ICICIDirect Bonanza Portfolio
DP Source CDSL CDSL
DP ID ICICIDirect vs Bonanza Portfolio - DP ID 14300 No
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹250 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges) ₹12 per transaction
Demat ₹50 per set up ₹3 per certificate + ₹50 courier charges
Remat ₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges
Pledge Creation 0.02% (Min ₹35 and Max ₹25,000) 0.01% of transaction value (Min ₹100)
Pledge Creation Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil
Pledge Closure 0.02% (Min ₹35 and Max ₹25,000) Nil
Pledge Closure Confirmation 0.02% (Min ₹35 and Max ₹25,000) Nil
Pledge Invocation 0.02% (Min ₹35 and Max ₹25,000) Nil
Failed Instruction Charges ₹30 per transaction Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Bonanza Portfolio on Special Offers and Promotion

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

Compare ICICIDirect vs Bonanza Portfolio on Special Offers and Promotion
  ICICIDirect Bonanza Portfolio
Pay In and Pay Out Options ICICIDirect vs Bonanza Portfolio - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time ICICIDirect vs Bonanza Portfolio - Payout Time Instant to ICICI Bank. Info Not Available
Bank Supported and Charges ICICIDirect vs Bonanza Portfolio - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your ICICI bank account. Info Not Available
Likes
  • 100% digital and paperless 3-in-1 account opening facility.
  • Trade on the BSE, NSE, MCX, and invest in other products.
  • Multiple brokerage plans for residents and NRI trading.
  • All kinds of trading platforms across web, app, and desktop versions.
  • Invest in mutual funds for free with ICICIdirect Money App.
  • Expert research calls and recommendations.
  • Sell stocks and get cash instantly with the e-ATM facility.
  • Advanced orders like bracket order, cover order, after market order, and basket order.
  • Place Valid Till Cancelled (VTC) order, valid for 45 days.
  • Informative articles, blogs, videos, learn hub, and Investonomics learning platform for beginners.
  • Margin funding
  • Loans on securities.
  • Dedicated customer services.

Detail Review...

  • 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...

Dislikes
  • High brokerage charges.
  • The broker levies a minimum brokerage fee, which varies across brokerage plans.
  • NEO flat discount brokerage plan (Rs. 20) charges a one-time subscription fee of Rs. 299.
  • Mutual fund investment with ICICIDirect is not free, as it charges a lower of Rs. 30 or 1.5% on SIP transaction and Rs. 100 fees on lumpsum investment.

Detail Review...

  • Does not provide bracket order (BO) and cover order (CO) facility.
  • No 3-in-1 account opening facility.
  • No GTT order.

Detail Review...

Special Offers/Promo Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T04:34:26+00:00