Compare 3 Brokers

Zerodha Vs Bonanza Portfolio: Which one is better?

The brokerage of Zerodha Max Rs 20 per trade while the brokerage of Bonanza Portfolio ranges between Rs 18. Zerodha is a Discount Broker where Bonanza Portfolio is a Full Service Broker. Zerodha is having overall higher rating compare to Bonanza Portfolio. Zerodha is rated 4.5 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5.

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

  Zerodha Compare
Zerodha
Bonanza Portfolio Compare
Bonanza Portfolio
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX-SX and MCX NSE,BSE,MCX-SX
Broker Overview With high-class technology, unique trading tools, and three-way trading platform, Zerodha is giving its clients an edge in trading and decision making. Pioneer in introducing low brokerage scheme, Zerodha manages to satisfy both casual and active inv... Know more about Zerodha 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 Zerodha. 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 Zerodha vs Bonanza Portfolio on Trading & Demat Account Opening Charges

In this section we have compared Zerodha with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - Bonanza Portfolio offer Free account opening where Zerodha charges Rs 200 for account opeing. Demat AMC charges - Zerodha charges Rs 300 PA AMC for Demat account where Bonanza Portfolio charges Rs 250 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha with Bonanza Portfolio
Charges Zerodha Bonanza Portfolio
Trading Account Opening Fees Rs 200 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 100 Free
Demat AMC Rs 300 PA Rs 250 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare Zerodha vs Bonanza Portfolio on Plan Options

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

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

Account Opening

  Zerodha Bonanza Portfolio
Account Opening Request
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Brokerage Charges

Compare Zerodha vs Bonanza Portfolio on Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha offers Rs 20 or .01% whichever is lower for equity intraday, F&O, commodity and currency on NSE, BSE, MCX and MCX-SX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.

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 Zerodha with Bonanza Portfolio
Brokerage Charges Compare Zerodha Bonanza Portfolio
Plan Name Max Rs 20 per order Trading Plan Flat Rs 18 Brokerage Trading Plan
Equity Delivery Free Flat Fee Rs 18
Equity Intraday 0.01% or Rs 20 whichever is lower Flat Fee Rs 18
Equity Futures 0.01% or Rs 20 whichever is lower Flat Fee Rs 18
Equity Options Flat Fee Rs 20 Flat Fee Rs 18
Currency Futures 0.01% 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
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Rs 20 Per Executable Order Info Not Available
Brokerage Calculator Brokerage Calculator for Zerodha Brokerage Calculator for Bonanza Portfolio
SPAN Margin Calculator SPAN Margin Calculator for Zerodha SPAN Margin Calculator for Bonanza Portfolio
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Share Broker's Transaction Charges

Compare Zerodha vs Bonanza Portfolio on Transaction Charges

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

Transaction Charges - Compare Zerodha with Bonanza Portfolio
Transaction Charges Compare Zerodha 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 135 Per Cr Rs 90 Per Cr
Currency Options Rs 4400 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 zerodha Complete Brokerage Plans for bonanza-portfolio
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Account Features

Compare Zerodha vs Bonanza Portfolio on Account Features

Compare Zerodha 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 - Zerodha offers Algo Trading where Bonanza Portfolio doesn't offers Algo Trading. Margin Funding - Bonanza Portfolio offers margin funding where Zerodha doesn't offers margin funding. NRI Trading - both brokers provides NRI Trading facility.

Account Features - Zerodha with Bonanza Portfolio
Account Features Compare Zerodha Bonanza Portfolio
3 in 1 Account No Zerodha have 2-in-1 account. Only Demate and Trading account. No Zerodha have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Zerodha vs Bonanza Portfolio on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha 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 Zerodha with Bonanza Portfolio
Trading Platform Compare Zerodha Bonanza Portfolio
Desktop Trading Platform Zerodha PI 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://kite.zerodha.com/ https://www.myetrade.co.in/Bonanza/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Zerodha Kite Bonanza WAVE
Mobile Trading App Demo Zerodha Kite Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Zerodha Kite Download Andriod Bonanza WAVE Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Zerodha Kite Download iOS Bonanza WAVE 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 Zerodha Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Bonanza Portfolio
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Bonanza Portfolio
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for bonanza-portfolio

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Broker Ratings by Users

Compare Zerodha vs Bonanza Portfolio on User Rating

  Zerodha Bonanza Portfolio
  154 Customer Reviews    Rate Zerodha Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 4.0
Trading Brokerage Rating 4.5
Trading Platform Usability 3.7
Customer Service Ratings 3.8
Overall Ratings Rated 3.9 stars
Broker Rating Zerodha is Rated 3.9 / 5 based on 154 customer reviews
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Investment Offerings

Compare Zerodha vs Bonanza Portfolio on Investment Offerings

Compare Zerodha 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 - both brokers offers trading options in Commodity (MCX). 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 Zerodha with Bonanza Portfolio
Investment Offerings Compare Zerodha Bonanza Portfolio
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance No 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 Zerodha vs Bonanza Portfolio on Order Types

Order Type - Compare Zerodha 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) - Zerodha 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) - Zerodha 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 Zerodha with Bonanza Portfolio
Order Type Compare Zerodha 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 Zerodha vs Bonanza Portfolio on Margin/Leverage

Comapre Zerodha 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 Zerodha with Bonanza Portfolio
Margin Product Compare Zerodha Bonanza Portfolio
Equity Delivery Margin Zerodha vs Bonanza Portfolio - Equity Delivery Margin No Delivery margin. Info Not Available
Equity Intraday Margin Zerodha vs Bonanza Portfolio - Equity Intraday Margin Up to 12.5x margin for Intraday leverage for equity. Info Not Available
Futures Margin Zerodha vs Bonanza Portfolio - Futures Margin Up to 2x leverage for future. Info Not Available
Options Margin Zerodha vs Bonanza Portfolio - Options Margin Up to 2x margin for options shorting, no leverage for option buying. Info Not Available
Equity CO Margin Zerodha vs Bonanza Portfolio - Equity CO Margin Up to 20.8x margin/leverage in equity CO order for selected equity scripts. Info Not Available
Futures CO Margin Zerodha vs Bonanza Portfolio - Futures CO Margin Up to 33x margin/leverage (of complete order) in CO order for future contracts. Info Not Available
Options CO Margin Zerodha vs Bonanza Portfolio - Options CO Margin Up to 20x margin/leverage (of complete order) in CO order for options contracts sell only, buying is enabled only for NIFTY. Info Not Available
Commodity Margin Zerodha vs Bonanza Portfolio - Commodity Margin Up to 2x MIS Margin of SPAN, Complete SPAN is required for carry forward positions. Info Not Available
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Customer Service Offered

Compare Zerodha vs Bonanza Portfolio on Customer Service

Compare Zerodha 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 Zerodha with Bonanza Portfolio
Customer Service Compare Zerodha Bonanza Portfolio
24/7 Customer Service Zerodha vs Bonanza Portfolio - 24x7 customer support No No
Email Support Zerodha vs Bonanza Portfolio - Email Support Yes Yes
Onine Live Chat Zerodha vs Bonanza Portfolio - Onine Live Chat No Yes
Phone Support Zerodha vs Bonanza Portfolio - Phone Support Yes Yes
Toll Free Number Zerodha vs Bonanza Portfolio - Toll Free Number No No
Through Branches Zerodha vs Bonanza Portfolio - Through Branches Yes Yes
Customer Care Number Zerodha vs Bonanza Portfolio - Customer Care Number "+ 91 80 4040 2020" Info Not Available
Account Opening Process Zerodha vs Bonanza Portfolio - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Zerodha vs Bonanza Portfolio - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Zerodha vs Bonanza Portfolio - Knowledge Center/Education https://support.zerodha.com/ Info Not Available
Head Office Address Zerodha vs Bonanza Portfolio - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Info Not Available
Website Zerodha vs Bonanza Portfolio - Company Website https://zerodha.com/ Info Not Available
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Tips/Research/Reports Published

Compare Zerodha vs Bonanza Portfolio on Research Reports, Tips

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

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

Compare Zerodha vs Bonanza Portfolio on Demat Account

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

Demat Charges - Compare Zerodha with Bonanza Portfolio
  Zerodha Bonanza Portfolio
DP Source CDSL CDSL
DP ID Zerodha vs Bonanza Portfolio - DP ID 81600 No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹250 pa
Advance Deposit Nil NIL
Statutory charges ₹50 Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction ₹12 per transaction
Demat ₹150 per certificate + ₹100 courier charges ₹3 per certificate + ₹50 courier charges
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges
Pledge Creation ₹20 + ₹12 CSDL charges 0.01% of transaction value (Min ₹100)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 + ₹12 CSDL charges Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹20 Nil
Failed Instruction Charges ₹50 per instraction Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Zerodha vs Bonanza Portfolio on Special Offers and Promotion

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

Compare Zerodha vs Bonanza Portfolio on Special Offers and Promotion
  Zerodha Bonanza Portfolio
Pay In and Pay Out Options Zerodha vs Bonanza Portfolio - Pay In and Pay Out Options pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Zerodha vs Bonanza Portfolio - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges Zerodha vs Bonanza Portfolio - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Info Not Available
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Info Not Available
Likes
  • Best Mobile App KITE. Now you don’t need desktop software for your trading.
  • Low Brokerage and High Exposure
  • Strong customer support, everything is available online, no need to call any customer support. Learn by your own and get all the questions answered online.
  • Free, online education module covering all the topics related to trading called Varsity.
  • Active trading forum called Trading Q&A.

Detail Review...

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

Detail Review...

Dislikes
  • Call and trade is not free.
  • Doesn't provide facility to online invest in IPO via Zerodha Kite.
  • Margin against shares facility is not available for equity cash segment.
  • Zerodha as of now is not offering Margin Trading Funding. This is a big limitation for traders where they need to borrow some money from broker on interest for short span of time.

Detail Review...

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

Detail Review...

Special Offers/Promo Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquiry Enquire about Zerodha Enquire about Bonanza Portfolio

Last Updated on 2019-07-29T05:16:21+00:00







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