Bonanza Vs Alice Blue Demat Account Comparison

Bonanza Portfolio Ltd. offers financial services including stock broking and distribution of financial products to retail customers. Bonanza Portfolio has 1842 outlets across 674 cities in India. The broker also provides trading ideas, daily market strategy, monthly updates, investment ideas, daily derivative strategy, weekly newsletter etc. for equity trading. Bonanza has membership in NSE, BSE, MCX, MCX-SX, CDSL, NSDL, ICEX and USE etc.

Alice Blue is a Bangalore based discount stock broker. AliceBlue offers to trade at BSE, NSE, and MCX. Alice Blue also offers depository services (demat account). They are depository participant with CDSL. Alice Blue offer Lifetime free AMC demat account for all the customers. They don't charge any extra deposit or one time fees for this Zero AMC Demat Account.

Alice Blue is famous for its F20 trading plan, a flat rate brokerage fee plan. Equity delivery trading is absolutely free of brokerage charges in this plan. The brokerage for all other segments is flat Rs 20 per executed or 0.01% whichever is less.

ANT (Analysis and Trade) is the flagship trading platform offered by Alice Blue. ANT Platform offers free trading software to all its customers. The software includes install-able trading terminal, web-browser based trading website and mobile trading app. This trading platform uses the latest internet technology. It offers the best trading experience among the top share brokers in India.

Plot No M-2, Walbhat Road,
Cama Industrial Estate, Goregaon (East),
Mumbai Maharashtra India-400063

No. 153/2, 3rd Floor,
M.R.B.Arcade, Bagalur Main Road,
Dwaraka Nagar, Yelahanka,
Bangalore - 560063

• Online Trading
  • Equity Trading at BSE, NSE
  • Commodities Trading at MCX and NCDEX
  • Currency Trading at BSE
• Depository Services (Demat Account)

Rs 400

₹0

• Individual Account: Rs 250 p.a.
• Corporate Account: Rs 1000 p.a.

Lifetime DP charges (including AMC & A/C opening): Rs 999 one time

₹0 (Free)

AMC Free Scheme (999 Scheme): Rs 999 one time

₹0

• Normal Scheme: Rs 3 per certificate plus courier charges extra
• 999 scheme: Rs 25 per certificate plus courier charges extra

₹10 per certificate + ₹50 per request

Rs 15 per 100 securities or part therof or Rs 15 per certificate whichever is higher

₹30 per request + CDSL Fee + ₹10 per 100 securities

Rs 12

0.04% of the value of the transaction (minimum ₹20)

100 or 0.01% whichever is higher

0.04% of the value of the transaction (minimum ₹40)

Nil

₹0

Nil

0.04% of the value of the transaction (minimum ₹40)

Nil

• Late Transaction: Rs 10 per transaction in all schcmes except 999. Rs 25 per transaction in 999
• Dishonoured cheque: Rs 100 per Instance. In 999 scheme Rs 200 per instance.
• Additional statment of a/c Rs 25 & Rs 50 qtr.& ann. respectively.
• Extra DIS book: Rs 35 Rs 50 for 999 scheme.
• Lost DIS book: Rs 70 Rs 100 for 999 scheme.

• Power of Attorney (PoA): ₹150
• Courier Charges: ₹100 per request
• Additional DIS Booklet: ₹100 per booklet