Compare 3 Brokers

IIFL Securities Vs Bonanza Portfolio: Which one is better?

The brokerage of IIFL Securities ranges between .025 to .25% while the brokerage of Bonanza Portfolio ranges between Rs 18. Both the brokers are Full Service brokers. IIFL Securities is having overall higher rating compare to Bonanza Portfolio. IIFL Securities is rated 4 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5.

Here we present side-by-side comparison of IIFL Securities 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 IIFL Securities 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 IIFL Securities 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 IIFL Securities 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 IIFL Securities vs Bonanza Portfolio on Service

  IIFL Securities Compare
IIFL Securities
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, NCDEX NSE,BSE,MCX-SX
Active Clients 3,24,853 45,012
Broker Overview IIFL Securities is one of the best brokers in terms of its Z20 flat discount brokerage plan, IIFL Markets Mobile app, best research & advisory, complete investment solution, and personalized Portfolio Management Service. 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, e...Know more about Bonanza Portfolio
Broker Enquiry Open an Online Trading Account with IIFL Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Bonanza Portfolio. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare IIFL Securities vs Bonanza Portfolio on Trading & Demat Account Opening Charges

Comparison of IIFL Securities with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - Bonanza Portfolio offer Free account opening where IIFL Securities charges Rs 250 (Rs 0, Promotion offer) for account opening. Demat AMC charges - IIFL Securities charges Rs 450 PA (Waived for 1st year) AMC for Demat account where Bonanza Portfolio charges Rs 250 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities with Bonanza Portfolio
Charges IIFL Securities Bonanza Portfolio
Trading Account Opening Fees Rs 250 (Rs 0, Promotion offer) Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 450 PA (Waived for 1st year) Rs 250 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare IIFL Securities vs Bonanza Portfolio on Plan Options

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

Compare IIFL Securities with Bonanza Portfolio on Plan Options
Plan Types IIFL Securities Bonanza Portfolio
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No Yes
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Account Opening Request

Account Opening

  IIFL Securities Bonanza Portfolio
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Bonanza Portfolio on Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL Z20 flat discount brokerage plan offers Free delivery trading and charges a maximum of Rs. 20 per order brokerage across segments.

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 IIFL Securities with Bonanza Portfolio
Brokerage Charges Compare IIFL Securities Bonanza Portfolio
Plan Name IIFL Z20 Brokerage Plan My E Trade - Flat Rs 18 Brokerage Trading Plan
Equity Delivery Free Flat Fee Rs 18
Equity Intraday Rs. 20/- per executed order or 0.05% whichever is Flat Fee Rs 18
Equity Futures Rs. 20/- per executed order or 0.05% whichever is Flat Fee Rs 18
Equity Options Flat Rs 20 per executed order Flat Fee Rs 18
Currency Futures Rs. 20/- per executed order or 0.05% whichever is Flat Fee Rs 18
Currency Options Rs. 20/- per executed order or 0.05% whichever is Flat Fee Rs 18
Commodity Trading Rs. 20/- per executed order or 0.05% whichever is Flat Fee Rs 18
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 50 Per Call + GST Info Not Available
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Bonanza Portfolio
SPAN Margin Calculator SPAN Margin Calculator for IIFL Securities SPAN Margin Calculator for Bonanza Portfolio
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Share Broker's Transaction Charges

Compare IIFL Securities vs Bonanza Portfolio on Transaction Charges

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

Transaction Charges - Compare IIFL Securities with Bonanza Portfolio
Transaction Charges Compare IIFL Securities Bonanza Portfolio
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 90 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 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 iifl-securities Complete Brokerage Plans for bonanza-portfolio
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Account Features

Compare IIFL Securities vs Bonanza Portfolio on Account Features

Compare IIFL Securities 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 - 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 - IIFL Securities with Bonanza Portfolio
Account Features Compare IIFL Securities Bonanza Portfolio
3 in 1 Account No IIFL Securities have 2-in-1 account. Only Demate and Trading account. No IIFL Securities 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 Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare IIFL Securities vs Bonanza Portfolio on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities 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 IIFL Securities with Bonanza Portfolio
Trading Platform Compare IIFL Securities Bonanza Portfolio
Desktop Trading Platform IIFL Trader terminal E-Trade(NestTrader)
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://ttweb.indiainfoline.com https://www.myetrade.co.in/Bonanza/Login/indexauth.jsp
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App IIFL Markets Bonanza WAVE
Mobile Trading App Demo IIFL Markets Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod IIFL Markets Download Andriod Bonanza WAVE Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS IIFL Markets Download iOS Bonanza WAVE 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 IIFL Securities Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Bonanza Portfolio
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Bonanza Portfolio
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for bonanza-portfolio
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare IIFL Securities vs Bonanza Portfolio on User Rating

  IIFL Securities Bonanza Portfolio
  81 Customer Reviews    Rate IIFL Securities 3 Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 3.1 4.7
Trading Brokerage Rating 2.9 4.7
Trading Platform Usability 3.4 5.0
Customer Service Ratings 2.9 4.3
Overall Ratings Rated 2.8 stars Rated 4.7 stars
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 81 customer reviews Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare IIFL Securities vs Bonanza Portfolio on Investment Offerings

Compare IIFL Securities 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) - IIFL Securities provide PMS Service where Bonanza Portfolio doesn't offer

Investment Offerings - Compare IIFL Securities with Bonanza Portfolio
Investment Offerings Compare IIFL Securities Bonanza Portfolio
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No 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
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Order Types

Compare IIFL Securities vs Bonanza Portfolio on Order Types

Order Type - Compare IIFL Securities 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) - IIFL Securities 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 IIFL Securities with Bonanza Portfolio
Order Type Compare IIFL Securities 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
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Margin/Leverage

Compare IIFL Securities vs Bonanza Portfolio on Margin/Leverage

Compare IIFL Securities with Bonanza Portfolio on Exposure/Margin offered by the broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare IIFL Securities with Bonanza Portfolio
Margin Product Compare IIFL Securities Bonanza Portfolio
Equity Delivery Margin IIFL Securities vs Bonanza Portfolio - Equity Delivery Margin Upto 5x Info Not Available
Equity Intraday Margin IIFL Securities vs Bonanza Portfolio - Equity Intraday Margin Up to 20x on MIS, Bracket order, (BO) and cover order (CO) Up to 10x or 10% subject to Var and ELM.
Futures Margin IIFL Securities vs Bonanza Portfolio - Futures Margin Intraday: Upto 4x| BO/CO: 25% of Exchange margin + SL Margin 1x means actual SPAN + Exposure.
Options Margin IIFL Securities vs Bonanza Portfolio - Options Margin Stock options: 2x (sell), 1x (Buy)| Index Options Buy: 3x (intraday)| BO/CO: 25% of Exchange margin + SL Margin| Index options sell: 4x (intraday)| BO/CO: 25% of Exchange margin + SL Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Equity CO Margin IIFL Securities vs Bonanza Portfolio - Equity CO Margin Up to 20x Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin IIFL Securities vs Bonanza Portfolio - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin IIFL Securities vs Bonanza Portfolio - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin IIFL Securities vs Bonanza Portfolio - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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Customer Service Offered

Compare IIFL Securities vs Bonanza Portfolio on Customer Service

Compare IIFL Securities 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 IIFL Securities with Bonanza Portfolio
Customer Service Compare IIFL Securities Bonanza Portfolio
24/7 Customer Service IIFL Securities vs Bonanza Portfolio - 24x7 customer support Yes No
Email Support IIFL Securities vs Bonanza Portfolio - Email Support Yes Yes
Onine Live Chat IIFL Securities vs Bonanza Portfolio - Onine Live Chat Yes Yes
Phone Support IIFL Securities vs Bonanza Portfolio - Phone Support Yes Yes
Toll Free Number IIFL Securities vs Bonanza Portfolio - Toll Free Number Yes No
Through Branches IIFL Securities vs Bonanza Portfolio - Through Branches Yes Yes
Customer Care Number IIFL Securities vs Bonanza Portfolio - Customer Care Number 022-40071000 Info Not Available
Account Opening Process IIFL Securities vs Bonanza Portfolio - Account Opening Process Online/Paperless Info Not Available
Customer Support Email IIFL Securities vs Bonanza Portfolio - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education IIFL Securities vs Bonanza Portfolio - Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx Info Not Available
Head Office Address IIFL Securities vs Bonanza Portfolio - Head Office Address/Corporate Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Info Not Available
Website IIFL Securities vs Bonanza Portfolio - Company Website https://www.indiainfoline.com/ Info Not Available
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Tips/Research/Reports Published

Compare IIFL Securities vs Bonanza Portfolio on Research Reports, Tips

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

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

Compare IIFL Securities vs Bonanza Portfolio on Demat Account

Compare IIFL Securities with Bonanza Portfolio on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare IIFL Securities with Bonanza Portfolio
  IIFL Securities Bonanza Portfolio
DP Source CDSL CDSL
DP ID IIFL Securities vs Bonanza Portfolio - DP ID 44700 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹250 pa
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹12 per transaction
Demat ₹15 per certificate + ₹40 courier charges ₹3 per certificate + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges
Pledge Creation ₹50 0.01% of transaction value (Min ₹100)
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Bonanza Portfolio on Special Offers and Promotion

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

Compare IIFL Securities vs Bonanza Portfolio on Special Offers and Promotion
  IIFL Securities Bonanza Portfolio
Pay In and Pay Out Options IIFL Securities vs Bonanza Portfolio - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time IIFL Securities vs Bonanza Portfolio - Payout Time Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Info Not Available
Bank Supported and Charges IIFL Securities vs Bonanza Portfolio - Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. Info Not Available
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Info Not Available
Likes

Detail Review...

Percentage based plan and flat fee plans, wide range of investment products and services, low brokerage rates.

Detail Review...

Dislikes
  • High call & trade charges of Rs. 50 per order.
  • Unavailability of the IIFL 3-in-1 account.
  • High IIFL Securities Account Opening Charge than other brokers.

Detail Review...

Doesn't offer 3 in 1 account; no NRI support; Rs 25 Call and Trade charges.

Detail Review...

Special Offers/Promo Open IIFL Demat & Trading Account Free - Zero A/c Opening Charge & 1st year AMC waived off.
Enquiry Enquire about IIFL Securities Enquire about Bonanza Portfolio

Last Updated on 2021-01-28T23:33:20+00:00


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