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Rated 3.5/5 by Top Share Brokers Team
Save 60% to 90% Brokerage
NRI Form⇒
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, extensive training and guidance, e-access to all markets through single screen and advance charting features.
Incorporated in 1994, Bonanza Portfolio Ltd. offers services to trade in equity, derivatives, commodity, currency derivative, distribution of Mutual Funds and IPO, Portfolio Management Services, Mutual Fund Investments, Health Insurance, Real Estate, Loans, Investment Banking, Wealth Management and Depository Services. The company is spread big and wide throughout the country with 1842 outlets across 674 cities in India. With Bonanza you can place orders in Equity, Equity Derivatives, Commodity, Currency, Mutual Funds and IPOs using their online trading platform. The broker provide its client with trading ideas, daily market strategy, monthly updates, investment ideas, daily derivative strategy, weekly newsletter etc. for equity trading. They also provide fundamental and technical research calls and tips on mobile. Bonanza has membership in NSE, BSE, MCX, MCX-SX, CDSL, NSDL, ICEX and USE etc.
The Broker received many awards in financial field like Top performer in Equity Segment 2012; India's no 1 valuable Financial Advisory and Stock Broking Company; 2nd in terms of offices in India 2012.
Bonanza facilitate its client with instant credit and transfer using integrated net banking with HDFC, ICICI, UTI Bank etc.
Daily SMS alerts and confirmation of trading activities is available on mobile phone. Customer care at Bonanza is taken care through E-mail and phone.
Here we are comparing Bonanza Portfolio with its 5 close competitors, who are currently market leader in brokerage industry.
| Broker | Bonanza Portfolio | 5paisa | Zerodha | Upstox | Paytm Money |
| Service Type | Full Service Broker | Discount Broker | Discount Broker | Discount Broker | Discount Broker |
| Brokerage Range | Rs 18 | Rs 20 | Rs 20 | Rs 20 | Rs 10 |
| Account Type | 2 in 1 | 2 in 1 | 3 in 1 | 3 in 1 | 2 in 1 |
| Equity Delivery | Flat Fee Rs 18 | Flat Fee Rs 20 | Free | 2.5% or Rs 20 whichever is lower | Free |
| Equity Intraday | Flat Fee Rs 18 | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower | 0.05% or Rs 10 whichever is lower |
| Equity Futures | Flat Fee Rs 18 | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower | 0.02% or Rs 10 whichever is lower |
| Equity Options | Flat Fee Rs 18 | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 10 |
| Commodity | Flat Fee Rs 18 | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | NA |
| Currency Futures | Flat Fee Rs 18 | Flat Fee Rs 20 | 0.03% or Rs 20 whichever is lower | 0.05% or Rs 20 whichever is lower | 0.02% or Rs 20 whichever is lower |
| Currency Options | Flat Fee Rs 18 | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 20 | Flat Fee Rs 10 |
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For complete brokerage charges and trading plans detail please visit Bonanza Portfolio Brokerage Charges.
Please refer unique and accurate Bonanza Portfolio Brokerage Calculator
Save 60% to 90% Brokerage
NRI Form⇒
Trading Platforms Rated 3.5/5
Bonanza offers trading through installable trading software, website based trading and mobile app, all available for free to its customers. Bonanza does not charge any software usage fee.
Bonanza Netnetlite : This is the Web-based interface with real-time data streaming and flexibility to trade from any part of the world. It is safe, user-friendly integrated trading front-end for multiple exchanges.
Bonanza ODIN Diet: This is the exe based interface that has to be loaded on your computer to allow instant updates, information, control and independence.
The key features are:
Bonanza Touch: This is mobile trading app of Bonanza for android phone users.
Bonanza providing demo trading as well as demo for back office application. Demo client login is available for free of cost with minimum documentation.
For detail review of mobile app and download please visit Bonanza Portfolio Trading Platform Review.
Doesn't offer 3 in 1 account; no NRI support; Rs 25 Call and Trade charges.
Rated 3.5/5 by 20 users
Bonanza leads by example by providing everything under one roof and going with pace by introducing flat fee brokerage which is the need of the time now.
While Bonanza may not have the cheapest trades, the broker provides an easy-to-use website, a high quality mobile experience, and excellent research that will satisfy both casual and active.
Last updated on: 2019-12-06
Free Delivery for Lifetime
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
FREE Account Opening (₹650)
Trade at Flat ₹20 per Trade
Pay-as-you-go Demat AMC
Flat ₹20 Per Trade
Free Trading Tips & Software
Contact
Bonanza Portfolio
Ratings:
Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Above Average