Compare 3 Brokers

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.

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
  • 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 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
Active Clients 8,44,627 46,415
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

Comparison of 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 opening. 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 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 Kotak Securities doesn't offer

Compare Kotak Securities with Bonanza Portfolio on Plan Options
Plan Types Kotak Securities Bonanza Portfolio
Multiple Plans Yes 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) My E Trade - Flat Rs 18 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 NIL
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 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 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 trading. Margin Funding - Bonanza Portfolio offers a margin funding where Kotak Securities doesn't offers margin funding. NRI Trading - Both broker 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 NIL
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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 links 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
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 Kotak Securities vs Bonanza Portfolio on User Rating

  Kotak Securities Bonanza Portfolio
  81 Customer Reviews    Rate Kotak Securities 3 Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 2.6 4.7
Trading Brokerage Rating 2.7 4.7
Trading Platform Usability 3.2 5.0
Customer Service Ratings 3.1 4.3
Overall Ratings Rated 2.8 stars Rated 4.7 stars
Broker Rating Kotak 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 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 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 Kotak Securities doesn't offer. 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 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 NIL NIL
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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 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) - 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 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 Kotak Securities with Bonanza Portfolio
Order Type Compare Kotak 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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Margin/Leverage

Compare Kotak Securities vs Bonanza Portfolio on Margin/Leverage

Compare Kotak 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 Kotak Securities with Bonanza Portfolio
Margin Product Compare Kotak Securities Bonanza Portfolio
Equity Delivery Margin Kotak Securities vs Bonanza Portfolio - Equity Delivery Margin No Margin/Leverage for Equity Delivery. Info Not Available
Equity Intraday Margin Kotak Securities vs Bonanza Portfolio - Equity Intraday Margin Up to 3x to 7x leverage for equity MIS orders. Up to 10x or 10% subject to Var and ELM.
Futures Margin Kotak Securities vs Bonanza Portfolio - Futures Margin Up to 2x to 7x leverage on Futures Contracts. 1x means actual SPAN + Exposure.
Options Margin Kotak Securities vs Bonanza Portfolio - Options Margin No leverage for Options buying and shorting. 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
Equity CO Margin Kotak Securities vs Bonanza Portfolio - Equity CO Margin Up to 50x margin/leverage in CO order with Super Multiple. Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.
Futures CO Margin Kotak Securities vs Bonanza Portfolio - Futures CO Margin Up to 15x margin/leverage in CO order with Super Multiple for Index Futures and 12x for equity Scripts.. 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.
Options CO Margin Kotak Securities vs Bonanza Portfolio - Options CO Margin Info Not Available 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.
Commodity Margin Kotak Securities vs Bonanza Portfolio - Commodity Margin Info Not Available 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.
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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 compares types of service offered by each broker for a quick resolution for query/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 the 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 covers 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) Monthly Plan - ₹65 (Up to 10 Transaction), ₹50 (bw 11 to 30 transaction), ₹35 (above 30 transactions) ₹250 pa
Advance Deposit NA NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹12 per transaction
Demat ₹3 per certificate + ₹50 courier charges ₹3 per certificate + ₹50 courier charges
Remat ₹10 for every hundred securities (Min ₹15) ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) 0.01% of transaction value (Min ₹100)
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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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 the general features, advantages, disadvantages, payout 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. Instant 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

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.
Enquiry Enquire about Kotak Securities Enquire about Bonanza Portfolio

Last Updated on 2020-12-14T23:33:47+00:00


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