TopShareBrokers.com Logo
FREE Account Opening + Zero AMC Fees* + MutualFund SIP
Loading...

Kotak 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 Kotak Securities ranges between Rs. 20 per order while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. 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. Number of active customer for Kotak Securities is 10,56,932 where number of active customer for Bonanza Portfolio is 50,708. Kotak Securities is serving more customer compare to Bonanza Portfolio.

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 Rated 4 stars Rated 3.5 stars
Brokerage Charges Rated 3 stars Rated 3.5 stars
Trading Platform Rated 4 stars Rated 3.5 stars
Investments Offering Rated 4.5 stars Rated 4 stars
Customer Service Rated 3.5 stars Rated 3.5 stars
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 10,56,932 50,708
Broker Overview Kotak Securities is India’s leading full-service stockbroker with over 12 Lakh active clients. Trinity 3-in-1 account offering, Rs. 20 flat brokerages, free intraday trading, advanced-technology trading software & tools, and the best resear... Know more about Kotak 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 Kotak Securities Request call back from Zerodha
Expand

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 - Kotak 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 Kotak Securities charges Rs 600 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 Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA Free
Provide DP Service Yes No
Expand

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
Expand

Account Opening Request

Account Opening

  Kotak Securities Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Kotak Securities vs Bonanza Portfolio on Brokerage Charges

Kotak Securities Brokerage Plan detail - Kotak Securities Trade Free Plan offers Free or Zero brokerage intraday trading in all segments whereas delivery trading is charged at a 0.25% or Rs 20 whichever is higher. The plan is available for Rs 499 One Time fee.

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 Kotak Securities Trade Free Plan My E Trade - Flat Rs 18 Brokerage Trading Plan
Equity Delivery 0.25% or Rs 20 whichever is higher Flat Fee Rs 18
Equity Intraday Free Flat Fee Rs 18
Equity Futures Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 18
Equity Options Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 18
Currency Futures Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 18
Currency Options Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 18
Commodity Trading Delivery: Rs. 20 per order| Intraday: Free Flat Fee Rs 18
Minimum Brokerage Rs 21 per executed order NIL
Hidden Charges No Info Not Available
Funding 12.49% interest PA Info Not Available
Call & Trade Charges 20 calls free and after that Rs 20 per call NA
Auto Square off Charges 20 calls free and after that Rs 20 per call NA
Brokerage Calculator Brokerage Calculator for Kotak Securities Brokerage Calculator for Bonanza Portfolio
Expand

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 Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr 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
Expand

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 - Both broker offers a margin funding. Interest need to be paid on borrowed money. 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 Yes 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
Expand

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 Aero Web Trading Platform
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 MyEtrade
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 MyEtrade Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Kotak Stock Trader Download iOS Bonanza WAVE MyEtrade 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

Expand

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
Expand

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 - 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 Kotak Securities with Bonanza Portfolio
Investment Offerings Compare Kotak 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 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
Expand

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
Expand

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 1800 209 9191 022-68363775 | 022-68363739 | 022-68363708
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] [email protected]
Knowledge Center/Education Kotak Securities vs Bonanza Portfolio - Knowledge Center/Education https://www.kotaksecurities.com/ksweb/Research/Knowledge-Bank/Investment-Knowlegde-Bank https://www.bonanzaonline.com/blog/
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 https://www.bonanzaonline.com/
Expand

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
Expand

Demat Account

Compare Kotak Securities vs Bonanza Portfolio on Demat Account

Compare Kotak 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 Kotak Securities is ₹780 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 Kotak Securities is 0.04% (Min ₹27) + 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 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) ₹780 pa ₹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

Expand

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
  • Trinity 3-in-1 account opening facility.
  • Trade Free Plan charges Rs. 20 flat brokerages on F&O, commodity, and currency trading.
  • 0 brokerage on all trades for customers below 30 years age.
  • Free intraday trading with Trade Free Plan.
  • User-friendly mobile app and next-gen trading terminals (TradeSmart, KeatProX, and Nest).
  • Free access to Kotak Trade API to develop your own trading terminal.
  • Bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Cancelled (GTC) order.
  • Apply for IPOs, ETFs, and insurance.
  • Zero brokerage investment in mutual funds.
  • NRI trading facility is available.
  • Access to fundamental and technical calls and research reports.
  • Buy Now Sell Tomorrow (BNST) order feature.
  • Kotak University, a stock market, options trading, and mutual funds learning platform.
  • Margin trading facility.
  • Dealer-assisted trading.

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
  • Its dedicated dealer-assisted plan charges a very high brokerage fee.
  • Account opening is not free (Rs. 499) in dealer-assisted plan.
  • Dealer-assisted plan charges a minimum brokerage fee of 21 per order subject to maximum 2.5% brokerage.
  • Kotak Zero brokerage plan is only for people below 30 years and valid only for 2 years.
  • High Demat AMC charges of Rs. 600 per year, Rs. 50 is charged monthly.

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
Enquiry Open Kotak Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-01-12T21:46:37+00:00