Kotak Securities Vs Bonanza Portfolio: Which one is better?

The brokerage of Kotak Securities ranges between .049 to .49% while the brokerage of Bonanza Portfolio ranges between Rs 18. Both the brokers are Full Service brokers. Kotak Securities is having overall higher rating compare to Bonanza Portfolio. Kotak 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 Kotak 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 Kotak 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.

Compare Kotak Securities vs Bonanza Portfolio on Service

  Kotak Securities Compare
Kotak 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? BSE, NSE, MCX-SX, MCX, NCDEX NSE,BSE,MCX-SX
Broker Overview Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders. 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 Kotak 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 Kotak Securities vs Bonanza Portfolio on Trading & Demat Account Opening Charges

In this section we have compared Kotak Securities with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - Bonanza Portfolio offer Free account opening where Kotak Securities charges Rs 750 for account opeing. Demat AMC charges - Kotak Securities charges Rs 600 PA AMC for Demat account where Bonanza Portfolio charges Rs 250 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Kotak Securities with Bonanza Portfolio
Charges Kotak Securities Bonanza Portfolio
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Rs 250 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare Kotak Securities vs Bonanza Portfolio on Plan Options

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

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

Account Opening

  Kotak Securities Bonanza Portfolio
Account Opening Request
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Brokerage Charges

Compare Kotak Securities vs Bonanza Portfolio on Brokerage Charges

Kotak Securities Brokerage Plan detail - This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.

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 Kotak Securities with Bonanza Portfolio
Brokerage Charges Compare Kotak Securities Bonanza Portfolio
Plan Name Fixed Brokerage Trading Plan (Percentage Based) Flat Rs 15 Brokerage Trading Plan
Equity Delivery 0.49% or 49 paisa Flat Fee Rs 18
Equity Intraday 0.049% or 5 paisa Flat Fee Rs 18
Equity Futures 0.049% or 5 paisa Flat Fee Rs 18
Equity Options Rs 300 Per Lot Flat Fee Rs 18
Currency Futures .02% or Rs. 10 per lot whichever is higher Flat Fee Rs 18
Currency Options Rs 10 Per Lot Flat Fee Rs 18
Commodity Trading NA Flat Fee Rs 18
Minimum Brokerage Rs 21 per executed order
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges 20 calls Free and after that Rs 20 per call Info Not Available
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Bonanza Portfolio
SPAN Margin Calculator SPAN Margin Calculator for Kotak Securities SPAN Margin Calculator for Bonanza Portfolio
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Share Broker's Transaction Charges

Compare Kotak Securities vs Bonanza Portfolio on Transaction Charges

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

Transaction Charges - Compare Kotak Securities with Bonanza Portfolio
Transaction Charges Compare Kotak Securities Bonanza Portfolio
Equity Delivery Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr
Equity Futures Rs 190 Per Cr
Equity Options Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr
Currency Options Rs 4000 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for kotak-securities Complete Brokerage Plans for bonanza-portfolio
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Account Features

Compare Kotak Securities vs Bonanza Portfolio on Account Features

Compare Kotak Securities with Bonanza Portfolio on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Kotak Securities 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 tradig. Margin Funding - Bonanza Portfolio offers margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Kotak Securities with Bonanza Portfolio
Account Features Compare Kotak Securities Bonanza Portfolio
3 in 1 Account Yes, Kotak Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No Kotak 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 No Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features Trading software terminal: Keat Pro X
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Trading Platform

Compare Kotak Securities vs Bonanza Portfolio on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Kotak Securities and Bonanza Portfolio. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.

Trading Platform - Compare Kotak Securities with Bonanza Portfolio
Trading Platform Compare Kotak Securities Bonanza Portfolio
Desktop Trading Platform KEAT Pro X 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.kotaksecurities.com/itrade/user/welcome.exe?action=chk_seckey_stat https://www.myetrade.co.in/Bonanza/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Kotak Stock Trader Bonanza WAVE
Mobile Trading App Demo Kotak Stock Trader Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Kotak Stock Trader Download Andriod Bonanza WAVE Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Kotak Stock Trader Download iOS Bonanza WAVE Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Kotak Securities Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio
Futures Brokerage Calculator Futures Brokerage Calculator for Kotak Securities Futures Brokerage Calculator for Bonanza Portfolio
Options Brokerage Calculator Options Brokerage Calculator for Kotak Securities Options Brokerage Calculator for Bonanza Portfolio
Detail Detail on Trading Platforms for kotak-securities Detail on Trading Platforms for bonanza-portfolio

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Broker Ratings by Users

Compare Kotak Securities vs Bonanza Portfolio on User Rating

  Kotak Securities Bonanza Portfolio
  79 Customer Reviews    Rate Kotak Securities Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 2.6
Trading Brokerage Rating 2.7
Trading Platform Usability 3.2
Customer Service Ratings 3.1
Overall Ratings Rated 2.8 stars
Broker Rating Kotak Securities is Rated 2.8 / 5 based on 79 customer reviews
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Investment Offerings

Compare Kotak Securities vs Bonanza Portfolio on Investment Offerings

Compare Kotak 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 brokers 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 Kotak Securities doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Kotak Securities with Bonanza Portfolio
Investment Offerings Compare Kotak Securities 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 No No
Other Investment Options
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Order Types

Compare Kotak Securities vs Bonanza Portfolio on Order Types

Order Type - Compare Kotak Securities with Bonanza Portfolio on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Kotak 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) - Kotak 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 facility. The orders are send to exchange on the next trading day. GTC Orders- both offers Good Till Cancelled (GTC) orders, which means you place buy or sell equity limit order and your order remains in system until it executed or reaches the specified numbers of days.

Order Types - Compare Kotak Securities with Bonanza Portfolio
Order Type Compare Kotak Securities Bonanza Portfolio
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes No
Bracket Ordre Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Margin/Leverage

Compare Kotak Securities vs Bonanza Portfolio on Margin/Leverage

Comapre Kotak Securities with Bonanza Portfolio on Exposure/Margin offered by 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 Kotak Securities with Bonanza Portfolio
Margin Product Compare Kotak Securities Bonanza Portfolio
Equity Delivery Margin Kotak Securities vs Bonanza Portfolio - Equity Delivery Margin Upto 5x via Margin Funding. Info Not Available
Equity Intraday Margin Kotak Securities vs Bonanza Portfolio - Equity Intraday Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Futures Margin Kotak Securities vs Bonanza Portfolio - Futures Margin Upto 7x leverage for equity vis script multiple, 3x for margin funding. Info Not Available
Options Margin Kotak Securities vs Bonanza Portfolio - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Info Not Available
Equity CO Margin Kotak Securities vs Bonanza Portfolio - Equity CO Margin Upto 50x margin/leverage in CO for selected equity scripts via Super Multiple. Info Not Available
Futures CO Margin Kotak Securities vs Bonanza Portfolio - Futures CO Margin Upto 50x margin/leverage in CO via Super Multiple. Info Not Available
Options CO Margin Kotak Securities vs Bonanza Portfolio - Options CO Margin Info Not Available Info Not Available
Commodity Margin Kotak Securities vs Bonanza Portfolio - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Kotak Securities vs Bonanza Portfolio on Customer Service

Compare Kotak Securities with Bonanza Portfolio on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Kotak Securities with Bonanza Portfolio
Customer Service Compare Kotak Securities Bonanza Portfolio
24/7 Customer Service Kotak Securities vs Bonanza Portfolio - 24x7 customer support No No
Email Support Kotak Securities vs Bonanza Portfolio - Email Support Yes Yes
Onine Live Chat Kotak Securities vs Bonanza Portfolio - Onine Live Chat Yes Yes
Phone Support Kotak Securities vs Bonanza Portfolio - Phone Support Yes Yes
Toll Free Number Kotak Securities vs Bonanza Portfolio - Toll Free Number Yes No
Through Branches Kotak Securities vs Bonanza Portfolio - Through Branches Yes Yes
Customer Care Number Kotak Securities vs Bonanza Portfolio - Customer Care Number 18002099191/1800222299/18002099292 Info Not Available
Account Opening Process Kotak Securities vs Bonanza Portfolio - Account Opening Process Offline Info Not Available
Customer Support Email Kotak Securities vs Bonanza Portfolio - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Kotak Securities vs Bonanza Portfolio - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/faqs/Equity/equity-market-faqs Info Not Available
Head Office Address Kotak Securities vs Bonanza Portfolio - Head Office Address/Corporate Address 27 BKC, C 27, G Block,
Bandra Kurla Complex,
Bandra (E), Mumbai 400051
Info Not Available
Website Kotak Securities vs Bonanza Portfolio - Company Website https://www.kotaksecurities.com Info Not Available
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Tips/Research/Reports Published

Compare Kotak Securities vs Bonanza Portfolio on Research Reports, Tips

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

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

Compare Kotak Securities vs Bonanza Portfolio on Demat Account

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

Demat Charges - Compare Kotak Securities with Bonanza Portfolio
  Kotak Securities Bonanza Portfolio
DP Source CDSL CDSL
DP ID Kotak Securities vs Bonanza Portfolio - DP ID 49200 No
Demat Account Annual Maintenance Charges(AMC) Individual (Resident)-RESIDENT -Rs. 65 pm for upto 10 debit transactions. Rs.50 pm for 11 to 30 debit transactions. Rs. 35 pm for more than 30 debit transactions. (Plus applicable taxes) NRI-Rs.75/- pm Corporate (Resident)-Rs 100/- pm Corporate (NRI)-Rs.125/-pm AMC Charges for BSDA Account Rs. 100/- per annum (if DP value is more than Rs. 50,000/- and less than 2 lacs) Zero (if DP value is less than Rs. 50,000/-) NORMAL Rs.250/- for individual clients & NORMAL Rs.1000/- for corporate Clients. 999 ONE TIME CHARGE 333 ONE YR. AMC FREE SCHEME
Advance Deposit NA NIL
Statutory charges NA NIL
Transaction Charges on Debit (Per ISIN) Individual: For Regular ( Non BSDA Accounts ) On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). For BSDA Accounts On Market /Off Market 0.06% of the value of securities or Minimum Rs. 44.50 (Plus CDSL charges as applicable + applicable taxes) Corporate :- On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). Rs.12/-
Demat Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request. Rs.3/- per certificate plus courier charges extra for Normal Scheme clients. Rs.25/-per certificate in 999 scheme
Remat Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/- Rs.15 per 100 securities or part therof or Rs.15 per certificate whichever is higher
Pledge Creation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- 100/- or 0.01% whichever is higher
Pledge Creation Confirmation Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- NIL
Pledge Closure Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- NIL
Pledge Closure Confirmation Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- NIL
Pledge Invocation Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/- NIL
Failed Instruction Charges Nil NIL
Other Charges Nil 1 Late Tran. Rs.10/ per tran in all schcmes except 999. Rs.25/- per transaction in 999 2 dishonoured cheque Rs.100/ per Instance. In 999 scheme Rs.200/- per instance. 3 Additional statment of a/c Rs.25/ & Rs.50/ qtr.& ann. respectively. 4 Extra DIS book Rs.35/. Rs.50/- for 999 scheme. 5 lost DIS book Rs.70/ . Rs.100/- for 999 scheme.

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Special Offers,Advantages,Disadvantages

Compare Kotak Securities vs Bonanza Portfolio on Special Offers and Promotion

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

Compare Kotak Securities vs Bonanza Portfolio on Special Offers and Promotion
  Kotak Securities Bonanza Portfolio
Pay In and Pay Out Options Kotak Securities vs Bonanza Portfolio - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Partnerbanks (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank).
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time Kotak Securities vs Bonanza Portfolio - Payout Time Upto 24 Hrs except Bank Holidays. Instance fund transfer with Kotak Mahindra Bank. Info Not Available
Bank Supported and Charges Kotak Securities vs Bonanza Portfolio - Bank Supported and Charges (ICIC Bank, Kotak Mahindra Bank, HDFC Bank, AXIS Bank, Citibank, Indusind Bank, Federal Bank, SBI Bank, ING Vysya Bank Info Not Available
Bank Detail Direct from your Kotak Mahindra bank account. Info Not Available
Likes
  • 3 in 1 Account.
  • News and market updates, portfolio tracker, Research Reports, SMS Alerts.
  • Robust trading software KEAT Pro.
  • After Market Orders (AMO), good till cancel order (GTC) and Buy Now Sell Tomorrow.

Detail Review...

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

Detail Review...

Dislikes
  • Doesn't support commodity trading.
  • Hidden charges.
  • Minimum Brokerage charges.

Detail Review...

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

Detail Review...

Special Offers/Promo Get Kotak Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquire about Kotak Securities Enquire about Bonanza Portfolio

Last Updated on 2019-06-23T23:14:53+00:00







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