5paisa Vs Bonanza Share Broker Comparison
The side-by-side comparison of 5paisa Capital Ltd and Bonanza Portfolio Ltd stock brokers in India. The comparison below highlights the similarities and differences between 5paisa 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 5paisa and Bonanza.
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
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| About the Broker |
5paisa is a Mumbai based discount stock broker. 5paisa is part of India Infoline (IIFL), India's leading financial services company. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.
India Infoline, the...  |
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... |
Type of Broker
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Discount Broker |
Full Service Broker |
| Supported Exchnage
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NSE, BSE |
BSE, NSE, MCX, NCDEX, NFO, CDS |
| Account Type
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Standard Account |
Default Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Trading Account Opening Fees
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₹650 |
Nil |
| Trading Account AMC
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₹0 (Free) |
Nil |
| Demat Account Opening Fees
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₹0 (Free) |
Nil |
| Demat Account AMC
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₹400 |
Rs 250 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Account Type |
Standard Account |
Default Plan |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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₹10 per trader |
0.10% |
| Equity Intraday Brokerage
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₹10 per trader |
0.01% |
| Equity Futures Brokerage
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₹10 per trader |
0.01% |
| Equity Options Brokerage
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₹10 per trader |
Rs 20 per Lot |
| Currency Futures Trading Brokerage
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₹10 per trader |
0.006% |
| Currency Options Trading Brokerage
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₹10 per trader |
Rs 10 |
| Commodity Futures Trading Brokerage
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NA |
0.006% |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Account Type |
Standard Account |
Plan 1000 |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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₹10 per trader |
0.1% |
| Equity Intraday Brokerage
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₹10 per trader |
0.005% |
| Equity Futures Brokerage
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₹10 per trader |
0.005% |
| Equity Options Brokerage
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₹10 per trader |
15 per lot |
| Currency Futures Trading Brokerage
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₹10 per trader |
.0025% |
| Currency Options Trading Brokerage
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₹10 per trader |
5 per lot |
| Commodity Futures Trading Brokerage
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NA |
0.004% |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Account Type |
Standard Account |
Plan 7500 |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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₹10 per trader |
0.025% |
| Equity Intraday Brokerage
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₹10 per trader |
0.00312% |
| Equity Futures Brokerage
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₹10 per trader |
0.00312% |
| Equity Options Brokerage
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₹10 per trader |
10 per lot |
| Currency Futures Trading Brokerage
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₹10 per trader |
0.0015% |
| Currency Options Trading Brokerage
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₹10 per trader |
4 per lot |
| Commodity Futures Trading Brokerage
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NA |
0.00208% |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹10 per trade |
Intraday - .0001% and Delivery - .005% |
| Other Brokerage Charges
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| Call & Trade Charges
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₹100 per call (any number of trades in a call) |
Rs 25 per trade |
Taxes
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Equity Delivery
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₹325 per crore (0.00325%) |
NSE ₹325 | BSE ₹275 |
| Equity Intraday
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₹325 per crore (0.00325%) |
NSE ₹325 | BSE ₹275 |
| Equity Futures
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₹210 per crore (0.0021%) |
NSE ₹215 | BSE ₹75 |
| Equity Options
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₹5100 per crore (on premium) (0.051%) |
NSE ₹5750 | BSE ₹3250 |
| Currency Futures
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₹210 per crore (0.0021%) |
NSE ₹135 | BSE ₹29 |
| Currency Options
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₹5100 per crore (on premium)(0.051%) |
NSE ₹4750 | BSE ₹754 |
| Commodity
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NA |
MCX - Non Agri ₹235 | MCX - Agri ₹100 |
Exposure
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Equity Delivery
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Up to 3.5 times |
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| Equity Intraday
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Up to 12 times |
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| Equity Futures
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Intra-day 2 times | Delivery: 1 time |
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| Equity Options
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Intra-day 1 time | Delivery: 1 time |
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| Currency Futures
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Intra-day 1 time | Delivery: 1 time |
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| Currency Options
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Intra-day 1 time | Delivery: 1 time |
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| Commodity
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NA |
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Share Broker Features
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Trading Platform
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5paisa Trade Station |
Omnesys NEST Trader |
| Intraday Square-off Time
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3:10 PM |
3:15 |
| Other Features
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Broker Ratings (Average User Rating)
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
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36 Customer Reviews  |
5 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
5paisa is Rated 3.0 / 5 based on 36 customer reviews |
Bonanza is Rated 3.2 / 5 based on 5 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Insurance, Mutual Funds |
Insurance |
Customer Service Offered
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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5paisa Capital Ltd |
Bonanza Portfolio Ltd |
| Pros
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- Discount broker offering cheaper brokerage services. Pay just Rs 10 per order.
- Flat fee brokerage. No more worries about size of the trade.
- Free trading software's including mobile app and trading terminal.
More Advantages... |
- Multiple fee structure to fulfill need of different type of investors.
- Offers 2 in 1 account which is Trading cum Demat account
- Bonanza offers add-on services like online bidding for IPO and mutual funds
More Advantages... |
| Cons
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- 5Paisa offers lower margin in comparison to other discount brokers. Equity Intra-day margin is up to 8x (Zerodha offers up to 20x).
- Commodity trading at MCX and NCDEX is not available.
- Call & Trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
- Higher exchange turnover charges in comparison to other popular discount stock brokers.
- Higher demat debit charges (₹25 per transaction)
More Disadvantages... |
- Call & trade is charged extra at the rate of Rs 25 per trade.
- Bonanza doesn't offer any Referral program.
- Customer reported hidden charges and fees which was not explained at the time of account opening.
More Disadvantages... |
| Reviews
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| Promo / Offers
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Free - Mutual Fund Account + 1st year Demat AMC
Open 5Paisa Trading Account & get FREE Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 10 per order.
Get this limited time offer |
AMC are waived off for the 1st year |
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Enquire about 5paisa
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Enquire about Bonanza
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| Compare More Brokers |
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Zerodha
Zero Account Opening Fee