5paisa Vs Bonanza (Compare 5paisa and Bonanza)
The side-by-side comparison of 5paisa and Bonanza. Compare 5paisa Vs Bonanza brokerage, charges, exposure margin, demat account. Read Bonanza and 5paisa review.
Find out 5paisa Vs Bonanza which is better and 5paisa Vs Bonanza which is best.
Our 5paisa Capital Ltd comparison with Bonanza Portfolio Ltd highlights the major differences between two brokers. Find the best between 5paisa and Bonanza.
5paisa Vs Bonanza
5paisa
Bonanza
Find more info about broker
About the Broker
5paisa.com is a Mumbai based discount stock broker. 5paisa is part of IIFL group (India Infoline), India's leading financial services company. 5paisa was re-launched with new brokerage model for online retail broking services in late 2016.
India Inf...
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
Discount Broker
Full Service Broker
Supported Exchnage
NSE, BSE
BSE, NSE, MCX, NCDEX, NFO, CDS
Account Type
Optimum
Default Plan
Broker Enquiry
Year of Incorporation
1996
1994
Number of Branches
900
1784
Enquire 5paisa
Enquire Bonanza
5paisa Vs Bonanza Charges
5paisa
Bonanza
Trading Account Opening Fees
₹650
Nil
Trading Account AMC
₹0 (Free)
Nil
Demat Account Opening Fees
₹0 (Free)
Nil
Demat Account AMC
₹540 (Free with Subscription Plan)
₹250
Demat Account is Mandatory?
No
No
5paisa Vs Bonanza Brokerage
Brokerage Plan 2
5paisa
Bonanza
Account Type
Platinum
Plan 1000
Fixed Charges
₹499 per month
Equity Delivery Brokerage
₹10 per executed order
0.1%
Equity Intraday Brokerage
₹10 per executed order
0.005%
Equity Futures Brokerage
₹10 per executed order
0.005%
Equity Options Brokerage
₹2 per lot
₹15 per lot
Currency Futures Trading Brokerage
₹10 per executed order
.0025%
Currency Options Trading Brokerage
₹10 per executed order
₹5 per lot
Commodity Futures Trading Brokerage
0.004%
Commodity Options Trading Brokerage
Brokerage Plan 3
5paisa
Bonanza
Account Type
Titanium
Plan 7500
Fixed Charges
₹1000 per month
Equity Delivery Brokerage
₹0 (Free)
0.025%
Equity Intraday Brokerage
₹10 per executed order
0.00312%
Equity Futures Brokerage
₹10 per executed order
0.00312%
Equity Options Brokerage
₹2 per executed lot
₹10 per lot
Currency Futures Trading Brokerage
₹10 per executed order
0.0015%
Currency Options Trading Brokerage
₹10 per executed order
₹4 per lot
Commodity Futures Trading Brokerage
₹10 per executed order
0.00208%
Commodity Options Trading Brokerage
₹10 per executed order
Other Charges
Minimum Brokerage Charges
₹20 per trade
Intraday - .0001% and Delivery - .005%
Other Brokerage Charges
Direct MF Investment: ₹20 per order
Call & Trade Charges
₹100 per call (any number of trades in a call)
₹25 per trade
5paisa Vs Bonanza Taxes
5paisa
Bonanza
Securities Transaction Tax (STT)
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
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
5paisa Vs Bonanza Transaction Charges
5paisa
Bonanza
Equity Delivery
₹325 per crore (0.00325%)
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday
₹325 per crore (0.00325%)
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Futures
₹210 per crore (0.0021%)
NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side)
Equity Options
₹5100 per crore (0.051%) (on premium)
NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium)
Currency Futures
₹210 per crore (0.0021%)
NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%)
Currency Options
₹5100 per crore (0.051%) (on premium)
NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium)
Commodity
MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%)
5paisa Vs Bonanza Exposure Margin
5paisa
Bonanza
Equity Delivery
Upto 4x (Category E 4x, A 3.5x, B 3x, C 2x, D 1.5x)
Upto 10x + Interest
Equity Intraday
Up to 20x
Upto 10x
Equity Futures
Intra-day: 3.5x | Carry forward: 1x (no margin)
Upto 3x
Equity Options
Intra-day: 1x | Carry forward: 1x
Upto 2x for shorting
Currency Futures
Intra-day: 1 time | Carry forward: 1x
Upto 2x
Currency Options
Intra-day: 1x | Carry forward: 1x
Upto 2x for shorting
Commodity Futures
Upto 3x
Commodity Options
5paisa and Bonanza Feature Comparison
5paisa
Bonanza
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
5paisa Trade Station (Web, Mobile App and EXE)
Omnesys NEST Trader, My E Trade, My E Trade Mobile App
Intraday Square-off Time
Optimum Plan: 3:10 PM, Platinum Plan: 3:20 PM
3:15
Other Features
Referral Program
5paisa Vs Bonanza Review
5paisa
Bonanza
57 Customer Reviews
6 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
5paisa is Rated 2.8 / 5 based on 57 customer reviews Bonanza is Rated 3.3 / 5 based on 6 customer reviews
5paisa Vs Bonanza Investment Options
5paisa
Bonanza
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Mutual Funds, Insurance
Insurance
5paisa Vs Bonanza Customer Service
5paisa
Bonanza
24/7 Customer Service
Onine Live Chat
Through Branches
5paisa Vs Bonanza Order Type Offered
5paisa
Bonanza
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
5paisa Vs Bonanza Research Report
5paisa
Bonanza
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
5paisa Vs Bonanza Suitable For Investor Type
5paisa
Bonanza
Casual Investor
Active Investor
Trader
5paisa Vs Bonanza - Advantages and Disadvantages
5paisa
Bonanza
Pros
Flat fee brokerage. Pay just ₹20 per executed order. No more worries about size of the trade.
Free trading software's including 5paisa mobile app and trading terminal.
Up to 4 times exposure in Equity Delivery Trading.
Up to 20 times exposure in Equity Intraday Trading.
3.5 times exposure in Derivatives Intraday Trading.
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
Call & Trade is charged at ₹100 per call in addition to the brokerage. Any number of trades can be placed in one call.
Research and advisory is available at extra cost.
Higher exchange turnover charges in comparison to other popular discount stock brokers.
Higher demat debit charges (₹25 per transaction)
NRI Trading and Demat Account is not available.
Doesn't offer commodity trading.
More Disadvantages...
Call & trade is charged extra at the rate of ₹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
Promo / Offers
5paisa.com Limited Time Offer - Free Account Opening (₹650 waived) Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat ₹20 per order.
Get this limited time offer AMC are waived off for the 1st year
Zerodha
Zero Account Opening Fee