Free Trading + Demat Account

Sharekhan Vs Bonanza Share Broker Comparison

The side-by-side comparison of Sharekhan and Bonanza Portfolio Ltd stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and Bonanza's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Sharekhan and Bonanza.

  Sharekhan Bonanza Portfolio Ltd
 
Sharekhan Logo Bonanza Portfolio Ltd Logo
About the Broker Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f... Know more about Sharekhan Incorporated in 1994, Bonanza Portfolio Ltd is an Indian financial services and brokerage company with long experience in the capital markets. It offers brokerage services in the areas of equity, indices, and commodity derivatives, as well as provide... Know more about Bonanza Portfolio Ltd
Type of Broker What is this parameter? Full Service Broker Full Service Broker
Supported Exchnage What is this parameter? BSE, NSE, MCX, NCDEX, NSEL BSE, NSE, MCX, NCDEX, NFO, CDS
Account Type What is this parameter? Classic Account Default Plan
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Bonanza. Leave your contact info and we will get in touch with you.
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Stock Broker Fees / Charges

  Sharekhan Bonanza Portfolio Ltd
Trading Account Opening Fees What is this parameter? Rs 750 (adjusted against first 6 months brokerage) Nil
Trading Account AMC What is this parameter? Rs 0 Nil
Demat Account Opening Fees What is this parameter? Rs 0 Nil
Demat Account AMC What is this parameter? Rs 400 Rs 250
Demat Account is Mandatory? What is this parameter? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan Bonanza Portfolio Ltd
Account Type Classic Account Default Plan
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.50% 0.10%
Equity Intraday Brokerage What is this parameter? 0.10% 0.01%
Equity Futures Brokerage What is this parameter? 0.10% 0.01%
Equity Options Brokerage What is this parameter? Rs 100 per lot Rs 20 per Lot
Currency Futures Trading Brokerage What is this parameter? 0.10% 0.006%
Currency Options Trading Brokerage What is this parameter? Rs 30 per lot Rs 10
Commodity Trading Brokerage What is this parameter? 0.10% 0.006%

Brokerage Plan 2

  Sharekhan Bonanza Portfolio Ltd
Account Type Classic Account Plan 1000
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.50% 0.1%
Equity Intraday Brokerage What is this parameter? 0.10% 0.005%
Equity Futures Brokerage What is this parameter? 0.10% 0.005%
Equity Options Brokerage What is this parameter? Rs 100 per lot 15 per lot
Currency Futures Trading Brokerage What is this parameter? 0.10% .0025%
Currency Options Trading Brokerage What is this parameter? Rs 30 per lot 5 per lot
Commodity Trading Brokerage What is this parameter? 0.10% 0.004%

Brokerage Plan 3

  Sharekhan Bonanza Portfolio Ltd
Account Type Classic Account Plan 7500
Fixed Charges What is this parameter?
Equity Delivery Brokerage What is this parameter? 0.50% 0.025%
Equity Intraday Brokerage What is this parameter? 0.10% 0.00312%
Equity Futures Brokerage What is this parameter? 0.10% 0.00312%
Equity Options Brokerage What is this parameter? Rs 100 per lot 10 per lot
Currency Futures Trading Brokerage What is this parameter? 0.10% 0.0015%
Currency Options Trading Brokerage What is this parameter? Rs 30 per lot 4 per lot
Commodity Trading Brokerage What is this parameter? 0.10% 0.00208%

Other Charges

Minimum Brokerage Charges What is this parameter? Rs 16 per scrip Intraday - .0001% and Delivery - .005%
Other Brokerage Charges What is this parameter?
Call & Trade Charges What is this parameter? Rs 25 per trade
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Taxes

  Sharekhan Bonanza Portfolio Ltd
Securities Transaction Tax (STT) What is this parameter?
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges What is this parameter? Check table below Check table below
SEBI Charges What is this parameter? Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) What is this parameter? 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty What is this parameter? Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Sharekhan Bonanza Portfolio Ltd
Equity Delivery What is this parameter? NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹275
Equity Intraday What is this parameter? NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹275
Equity Futures What is this parameter? NSE ₹190 | BSE ₹50 NSE ₹215 | BSE ₹75
Equity Options What is this parameter? NSE ₹5000 | BSE ₹50 NSE ₹5750 | BSE ₹3250
Currency Futures What is this parameter? NSE ₹135 | MCX ₹130 NSE ₹135 | BSE ₹29
Currency Options What is this parameter? NSE ₹4220 | MCX ₹3220 NSE ₹4750 | BSE ₹754
Commodity What is this parameter? MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 MCX - Non Agri ₹235 | MCX - Agri ₹100
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Exposure

  Sharekhan Bonanza Portfolio Ltd
Equity Delivery What is this parameter?
Equity Intraday What is this parameter?
Equity Futures What is this parameter?
Equity Options What is this parameter?
Currency Futures What is this parameter?
Currency Options What is this parameter?
Commodity What is this parameter?
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Share Broker Features

  Sharekhan Bonanza Portfolio Ltd
3 in 1 Account What is this parameter? No No
Mobile Trading What is this parameter? Yes Yes
Charting What is this parameter? Yes Yes
Automated Trading What is this parameter? No No
After Trading Hour Orders What is this parameter? Yes Yes
Good Till Cancelled (GTC) What is this parameter? Yes No
SMS Alerts What is this parameter? Yes Yes
Online Demo What is this parameter? Yes Yes
Online Portfolio What is this parameter? Yes Yes
Margin Trading Funding Available What is this parameter? Yes
Combined Ledger for Equity and Commodity What is this parameter? No No
Trading Platform What is this parameter? TradeTiger Omnesys NEST Trader
Intraday Square-off Time What is this parameter? 3:30 PM 3:15
Other Features What is this parameter?
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Broker Ratings (Average User Rating)

  Sharekhan Bonanza Portfolio Ltd
  241 Customer Reviews    Rate Sharekhan 3 Customer Reviews    Rate Bonanza
Fees Ratings 3.1 2.3
Trading Brokerage Rating 3.0 2.3
Trading Platform Usability 3.8 3.7
Customer Service Ratings 3.5 3.3
Overall Ratings Rated 3.5 stars Rated 3.0 stars
Broker Rating Sharekhan is Rated 3.5 / 5 based on 241 customer reviews Bonanza is Rated 3.0 / 5 based on 3 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Bonanza Portfolio Ltd
Contact / Request Call Back
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Investment Options Available

  Sharekhan Bonanza Portfolio Ltd
Stock / Equity What is this parameter? Yes Yes
Commodity What is this parameter? Yes Yes
Currency What is this parameter? Yes Yes
Initial Public Offers (IPO) What is this parameter? Yes Yes
Mutual Funds What is this parameter? Yes Yes
Bond / NCD What is this parameter? Yes No
Debt What is this parameter? Yes No
Other Investment Options What is this parameter? Insurance
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Customer Service Offered

  Sharekhan Bonanza Portfolio Ltd
24/7 Customer Service What is this parameter? No No
Email Support What is this parameter? Yes Yes
Onine Live Chat What is this parameter? Yes Yes
Phone Support What is this parameter? Yes Yes
Toll Free Number What is this parameter? Yes No
Through Branches What is this parameter? Yes Yes
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Research / Tips / Reports Published

  Sharekhan Bonanza Portfolio Ltd
Daily Market Report What is this parameter? Yes Yes
Free Tips What is this parameter? Yes Yes
Quarterly Result Analysis What is this parameter? Yes Yes
News Alerts What is this parameter? Yes Yes
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Suitable for Investor Category

  Sharekhan Bonanza Portfolio Ltd
Casual Investor What is this parameter? Yes
Active Investor What is this parameter? Yes Yes
Trader What is this parameter? Yes

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Pros, Cons and Other Review Comments

  Sharekhan Bonanza Portfolio Ltd
Pros What is this parameter?
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.

More Advantages...

  1. Multiple fee structure to fulfill need of different type of investors.
  2. Offers 2 in 1 account which is Trading cum Demat account
  3. Bonanza offers add-on services like online bidding for IPO and mutual funds

More Advantages...

Cons What is this parameter?
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.

More Disadvantages...

  1. Call & trade is charged extra at the rate of Rs 25 per trade.
  2. Bonanza doesn't offer any Referral program.
  3. Customer reported hidden charges and fees which was not explained at the time of account opening.

More Disadvantages...

Reviews What is this parameter?
Promo / Offers What is this parameter?

Free Trading & Demat Account (for limited time only)

Sharekhan offers FREE Trading + Demat Account (Rs 1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

AMC are waived off for the 1st year

Enquire about Sharekhan Enquire about Bonanza
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