Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Upstox Max Rs 20 per trade while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. Upstox is a Discount Broker where Bonanza Portfolio is a Full Service Broker. Upstox is having overall higher rating compare to Bonanza Portfolio. Upstox is rated 4.5 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5. Number of active customer for Upstox is 38,64,087 where number of active customer for Bonanza Portfolio is 50,708. Upstox is serving more customer compare to Bonanza Portfolio.
Here we present side-by-side comparison of Upstox 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 Upstox 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 Upstox 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 Upstox vs Bonanza Portfolio's on
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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||NSE, BSE, MCX||NSE, BSE, MCX|
|Broker Overview||One of the best discount brokers in India 2023 with ₹20 flat brokerage charges, free mutual fund investment, fantastic feature-rich Upstox pro trading platform in web and app versions, and reliable customer service.||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.|
Comparison of Upstox with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - Upstox charges Promotion offer: Free for account opening where Bonanza Portfolio charges Rs 999 for account opening. Demat AMC charges - Both broker don't charge any AMC for Demat Account.
|Trading Account Opening Fees||Promotion offer: Free||Rs 999|
|Demat Account Opening Fees||Free||Free|
|Provide DP Service|
Plans are the most important feature you look when compare Upstox with Bonanza Portfolio. This section compare on high level about type of plans offered by brokers. Multiple Plans - Bonanza Portfolio provides Multiple Plans where Upstox doesn't offer. Monthly Plans - Bonanza Portfolio provides Monthly Plans where Upstox doesn't offer
|Plan Types||Upstox||Bonanza Portfolio|
|Account Opening Request|
Upstox Brokerage Plan detail - Equity Delivery Free and Rs 20 Per executable order for others
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||Upstox||Bonanza Portfolio|
|Plan Name||Max Rs 20 Per Order Trading Plan||My E Trade - Flat Rs 18 Brokerage Trading Plan|
|Equity Delivery||2.5% or Rs 20 whichever is lower||Flat Fee Rs 18|
|Equity Intraday||0.05% or Rs 20 whichever is lower||Flat Fee Rs 18|
|Equity Futures||0.05% or Rs 20 whichever is lower||Flat Fee Rs 18|
|Equity Options||Flat Fee Rs 20||Flat Fee Rs 18|
|Currency Futures||0.05% or Rs 20 whichever is lower||Flat Fee Rs 18|
|Currency Options||Flat Fee Rs 20||Flat Fee Rs 18|
|Commodity Trading||Flat Fee Rs 20||Flat Fee Rs 18|
|Hidden Charges||Info Not Available||Info Not Available|
|Funding||Info Not Available||Info Not Available|
|Call & Trade Charges||Rs 20 Per Executable Order||NA|
|Auto Square off Charges||Rs 20 Per Executable Order||NA|
|Brokerage Calculator||Brokerage Calculator for Upstox||Brokerage Calculator for Bonanza Portfolio|
Compare Upstox with Bonanza Portfolio on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Upstox||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 210 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5500 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 150 Per Cr||Rs 90 Per Cr|
|Currency Options||Rs 6000 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 upstox||Complete Brokerage Plans for bonanza-portfolio|
Compare Upstox with Bonanza Portfolio on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where Bonanza Portfolio offers only 2-in-1 account which includes trading and demat account. Algo Trading - Upstox offers Algo Trading where Bonanza Portfolio doesn't offers Algo Trading. Margin Funding - Bonanza Portfolio offers a margin funding where Upstox doesn't offers margin funding. NRI Trading - Bonanza Portfolio offers NRI where Upstox doesn't offers NRI Trading.
|Account Features Compare||Upstox||Bonanza Portfolio|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
With our expert research team, we have compared all the major features of Trading platform b/w Upstox 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||Upstox||Bonanza Portfolio|
|Desktop Trading Platform||Upstox Pro||E-Trade(NestTrader)|
|Desktop Demo||Info Not Available||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://pro.upstox.com/||Aero Web Trading Platform|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||Upstox||Bonanza WAVE MyEtrade|
|Mobile Trading App Demo||Upstox Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod Upstox Download||Andriod Bonanza WAVE MyEtrade Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Upstox Download||iOS Bonanza WAVE MyEtrade Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Info Not Available|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Upstox||Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Upstox||Futures Brokerage Calculator for Bonanza Portfolio|
|Options Brokerage Calculator||Options Brokerage Calculator for Upstox||Options Brokerage Calculator for Bonanza Portfolio|
|Detail||Detail on Trading Platforms for upstox||Detail on Trading Platforms for bonanza-portfolio|
Compare Upstox 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||Upstox||Bonanza Portfolio|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Upstox 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) - Upstox 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) - Upstox 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- Bonanza Portfolio offers Good Till Cancelled (GTC) orders where Upstox doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Upstox||Bonanza Portfolio|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Upstox 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 Service Compare||Upstox||Bonanza Portfolio|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||+91 22 6130 9999||022-68363775 | 022-68363739 | 022-68363708|
|Account Opening Process||Online/Paperless||Info Not Available|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Upstox Corporate Office
Senapati Bapat Marg,
Mumbai - 400 013
|Info Not Available|
Compare Upstox with Bonanza Portfolio on research reports and tips provided by the broker.
Compare Upstox 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 Upstox is ₹300 PA.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading â€“ 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 Upstox is ₹13 + ₹5.50 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 Account Annual Maintenance Charges(AMC)||₹300 PA||₹250 pa|
|Transaction Charges on Debit (Per ISIN)||₹13 + ₹5.50 CDSL charges||₹12 per transaction|
|Demat||₹20 + ₹50 courier charges||₹3 per certificate + ₹50 courier charges|
|Remat||₹100 for every hundred securities or ₹25 per certificate (whichever is higher)||₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges|
|Pledge Creation||0.02% of the transaction value (Min ₹50) + CDSL charges||0.01% of transaction value (Min ₹100)|
|Pledge Creation Confirmation||0.02% of the transaction value (Min ₹50) + CDSL charges||Nil|
|Pledge Closure||0.02% of the transaction value (Min ₹50) + CDSL charges||Nil|
|Pledge Closure Confirmation||0.02% of the transaction value (Min ₹50) + CDSL charges||Nil|
|Pledge Invocation||0.05% of the transaction value (Min ₹50)||Nil|
|Failed Instruction Charges||₹50||Nil|
Compare Upstox with Bonanza Portfolio on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
|Info Not Available|
|Payout Time||Max 24 hrs except bank holidays||Info Not Available|
|Bank Supported and Charges||Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.||Info Not Available|
|Bank Detail||HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
|Info Not Available|
|Special Offers/Promo||Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs|
|Enquiry||Open Upstox Account Now>>||Open Zerodha Account Now>>|
Last Updated on 2023-01-16T04:23:11+00:00
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