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Indira Securities 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 Indira Securities ranges between 0.01% to 0.10% while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. Both the brokers are Full Service brokers. Indira Securities is having overall higher rating compare to Bonanza Portfolio. Indira Securities is rated 4 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5. Number of active customer for Bonanza Portfolio is 54,099 where number of active customer for Indira Securities is 8,801. Bonanza Portfolio is serving more customer compare to Indira Securities.

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

  Indira Securities Compare
Indira 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 NSE, BSE, MCX
Active Clients 8,801 54,099
Broker Overview Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the... Know more about Indira Securities 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
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Account Opening Charges and AMC

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

Comparison of Indira Securities with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - Indira Securities 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 Indira Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Indira Securities with Bonanza Portfolio
Charges Indira Securities Bonanza Portfolio
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Free
Provide DP Service Yes No
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About Brokerage Plans

Compare Indira Securities vs Bonanza Portfolio on Plan Options

Plans are the most important feature you look when compare Indira 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 Indira Securities doesn't offer. Monthly Plans - Bonanza Portfolio provides Monthly Plans where Indira Securities doesn't offer

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

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Indira Securities vs Bonanza Portfolio on Brokerage Charges

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

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 Indira Securities with Bonanza Portfolio
Brokerage Charges Compare Indira Securities Bonanza Portfolio
Plan Name Traditional Brokerage Plan My E Trade - Flat Rs 18 Brokerage Trading Plan
Equity Delivery 0.10% Flat Fee Rs 18
Equity Intraday 0.01% Flat Fee Rs 18
Equity Futures 0.01% Flat Fee Rs 18
Equity Options Rs. 25 per lot (both side) Flat Fee Rs 18
Currency Futures Flat Fee Rs 20 Flat Fee Rs 18
Currency Options Futures: 0.01%|Options: Rs. 25 per lot (both side) Flat Fee Rs 18
Commodity Trading Futures: 0.01%|Options: Rs. 25 per lot (both side) Flat Fee Rs 18
Minimum Brokerage NA NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Free NA
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for Indira Securities Brokerage Calculator for Bonanza Portfolio
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Share Broker's Transaction Charges

Compare Indira Securities vs Bonanza Portfolio on Transaction Charges

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

Transaction Charges - Compare Indira Securities with Bonanza Portfolio
Transaction Charges Compare Indira Securities 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| Agri Rs 600 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for indira-securities Complete Brokerage Plans for bonanza-portfolio
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Account Features

Compare Indira Securities vs Bonanza Portfolio on Account Features

Compare Indira 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 - Indira Securities 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 - Indira Securities with Bonanza Portfolio
Account Features Compare Indira Securities Bonanza Portfolio
3 in 1 Account No Indira Securities have 2-in-1 account. Only Demate and Trading account. No Indira Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes 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 3:15 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Indira Securities vs Bonanza Portfolio on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Indira 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 Indira Securities with Bonanza Portfolio
Trading Platform Compare Indira Securities Bonanza Portfolio
Desktop Trading Platform ODIN Diet 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://www.indiratrade.com/trade-online Aero Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App TradeInsta Bonanza WAVE MyEtrade
Mobile Trading App Demo TradeInsta Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod TradeInsta Download Andriod Bonanza WAVE MyEtrade Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS TradeInsta 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 Indira Securities Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio
Futures Brokerage Calculator Futures Brokerage Calculator for Indira Securities Futures Brokerage Calculator for Bonanza Portfolio
Options Brokerage Calculator Options Brokerage Calculator for Indira Securities Options Brokerage Calculator for Bonanza Portfolio
Detail Detail on Trading Platforms for indira-securities Detail on Trading Platforms for bonanza-portfolio

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Broker Ratings by Users

Compare Indira Securities vs Bonanza Portfolio on User Rating

  Indira Securities Bonanza Portfolio
  1 Customer Reviews    Rate Indira Securities 3 Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 2.0 4.7
Trading Brokerage Rating 4.0 4.7
Trading Platform Usability 2.0 5.0
Customer Service Ratings 2.0 4.3
Overall Ratings 3.0 4.7
Broker Rating Indira Securities is Rated 3.0 / 5 based on 1 customer reviews Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Indira Securities vs Bonanza Portfolio on Investment Offerings

Compare Indira 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare Indira Securities with Bonanza Portfolio
Investment Offerings Compare Indira 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 No Yes
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Indira Securities vs Bonanza Portfolio on Order Types

Order Type - Compare Indira 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) - Indira 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) - Indira Securities provide 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 Indira Securities with Bonanza Portfolio
Order Type Compare Indira Securities Bonanza Portfolio
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Indira Securities vs Bonanza Portfolio on Customer Service

Compare Indira 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 Indira Securities with Bonanza Portfolio
Customer Service Compare Indira Securities Bonanza Portfolio
24/7 Customer Service Indira Securities vs Bonanza Portfolio - 24x7 customer support Yes No
Email Support Indira Securities vs Bonanza Portfolio - Email Support Yes Yes
Onine Live Chat Indira Securities vs Bonanza Portfolio - Onine Live Chat Yes Yes
Phone Support Indira Securities vs Bonanza Portfolio - Phone Support Yes Yes
Toll Free Number Indira Securities vs Bonanza Portfolio - Toll Free Number Yes No
Through Branches Indira Securities vs Bonanza Portfolio - Through Branches Yes Yes
Customer Care Number Indira Securities vs Bonanza Portfolio - Customer Care Number +91-(0)731-4797105/115/146 022-68363775 | 022-68363739 | 022-68363708
Account Opening Process Indira Securities vs Bonanza Portfolio - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Indira Securities vs Bonanza Portfolio - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Indira Securities vs Bonanza Portfolio - Knowledge Center/Education https://www.indiratrade.com/blog https://www.bonanzaonline.com/blog/
Head Office Address Indira Securities vs Bonanza Portfolio - Head Office Address/Corporate Address
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Info Not Available
Website Indira Securities vs Bonanza Portfolio - Company Website https://www.indiratrade.com/ https://www.bonanzaonline.com/
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Tips/Research/Reports Published

Compare Indira Securities vs Bonanza Portfolio on Research Reports, Tips

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

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

Compare Indira Securities vs Bonanza Portfolio on Demat Account

Compare Indira Securities 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 Indira Securities is ₹450 pa (Second year onwards).

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 Indira Securities is ₹20 or 0.02% 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

Demat Charges - Compare Indira Securities with Bonanza Portfolio
  Indira Securities Bonanza Portfolio
DP Source CDSL CDSL
DP ID Indira Securities vs Bonanza Portfolio - DP ID 752000 No
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) ₹250 pa
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹20 or 0.02% whichever is higher ₹12 per transaction
Demat ₹5 per certificate + ₹35 courier charges ₹3 per certificate + ₹50 courier charges
Remat ₹50 per RRN ₹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 ₹50 Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹50 or 0.02% whichever is higher Nil
Failed Instruction Charges ₹25 Nil
Other Charges Book Charges ₹20,POA Charges ₹130 Nil
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Special Offers,Advantages,Disadvantages

Compare Indira Securities vs Bonanza Portfolio on Special Offers and Promotion

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

Compare Indira Securities vs Bonanza Portfolio on Special Offers and Promotion
  Indira Securities Bonanza Portfolio
Pay In and Pay Out Options Indira Securities vs Bonanza Portfolio - Pay In and Pay Out Options

Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.

Pay-out/Fund Withdrawal - Bank Transfer only

Info Not Available
Payout Time Indira Securities vs Bonanza Portfolio - Payout Time

Max 24 hrs except bank holidays

Info Not Available
Bank Supported and Charges Indira Securities vs Bonanza Portfolio - Bank Supported and Charges

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

Info Not Available
Bank Detail HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
Info Not Available
Likes
  • Trade in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

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
  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

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 Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T06:48:55+00:00