5paisa Vs Bonanza (Compare 5paisa and Bonanza)


5paisa
5paisa.com is a leading online stockbroker offering discount brokerage services to retail investors in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. As of March 2021, it has over 1.2 million clients. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges a flat 20 Rs brokerage irrespective of the size of the trade, segment, or exchange. 5Paisa ... Know more about 5paisa Capital Ltd


Bonanza
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 provides depository services. Bonanza has pan-India presence across more than 1784 outlets spread across 560 cities. The company operates in the cash and derivative segments of both NSE and BSE. It also has membership of Multi Commodity Exchange (MCX), N... Know more about Bonanza Portfolio Ltd

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5paisa Vs Bonanza

Incorporated in 1996, 5paisa is a Discount Broker. It offers trading at NSE, BSE. It has 900 branches across India. Incorporated in 1994, Bonanza is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, NFO, CDS. It has 1784 branches across India.

  5paisa Bonanza
Type of Broker Discount Broker Full Service Broker
Exchnage Membership NSE, BSE BSE, NSE, MCX, NCDEX, NFO, CDS
Year of Incorporation 1996 1994
Number of Branches 900 1784
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5paisa Vs Bonanza Charges & AMC

5paisa trading account opening charges is Rs 0 (Free) while Bonanza account opening changes is Rs 999. 5paisa Demat Account AMC Charges is Rs 540 and Bonanza Demat Account AMC Charges is Nil.

  5paisa Bonanza
Trading Account Opening Charges Rs 0 (Free) Rs 999
Trading Account AMC Charges Rs 0 (Free) Nil
Demat Account Opening Charges Rs 0 (Free) Nil
Demat Account AMC Charges Rs 540 Nil
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5paisa Vs Bonanza Brokerage Charges & Plans

5paisa Vs Bonanza Brokerage

5paisa brokerage charges for equity is Rs 20 per executed order and intraday is Rs 20 per executed order whereas Bonanza brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order.

  5paisa Bonanza
Account Type Standard Plan Flat Brokerage Plan
Fixed Charges NA
Equity Delivery Rs 20 per executed order Rs 18 per executed order
Equity Intraday Rs 20 per executed order Rs 18 per executed order
Equity Futures Rs 20 per executed order Rs 18 per executed order
Equity Options Rs 20 per executed order Rs 18 per executed order
Currency Futures Rs 20 per executed order Rs 18 per executed order
Currency Options Rs 20 per executed order Rs 18 per executed order
Commodity Futures Rs 20 per executed order Rs 18 per executed order
Commodity Options Rs 20 per executed order Rs 18 per executed order
Special Offer
Special Offer: FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.

5paisa Vs Bonanza Brokerage Plan 2

  5paisa Bonanza
Account Type Power Investor Pack Flat Brokerage Plan
Fixed Charges Rs 499 per month
Equity Delivery Rs 10 per executed order Rs 18 per executed order
Equity Intraday Rs 10 per executed order Rs 18 per executed order
Equity Futures Rs 10 per executed order Rs 18 per executed order
Equity Options Rs 2 per lot Rs 18 per executed order
Currency Futures Rs 10 per executed order Rs 18 per executed order
Currency Options Rs 10 per executed order Rs 18 per executed order
Commodity Futures Rs 10 per executed order Rs 18 per executed order
Commodity Options Rs 10 per executed order Rs 18 per executed order
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5paisa Vs Bonanza Brokerage Plan 3

  5paisa Bonanza
Account Type Ultra Trader Pack Flat Brokerage Plan
Fixed Charges Rs 999 per month
Equity Delivery Rs 0 (Free) Rs 18 per executed order
Equity Intraday Rs 10 per executed order Rs 18 per executed order
Equity Futures Rs 10 per executed order Rs 18 per executed order
Equity Options Rs 2 per executed lot Rs 18 per executed order
Currency Futures Rs 10 per executed order Rs 18 per executed order
Currency Options Rs 10 per executed order Rs 18 per executed order
Commodity Futures Rs 10 per executed order Rs 18 per executed order
Commodity Options Rs 10 per executed order Rs 18 per executed order
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5paisa Charges Vs Bonanza

Minimum Brokerage Rs 20 per trade Intraday - .0001% and Delivery - .005%
Other Charges
Call & Trade Charges Rs 100 per call (any number of trades in a call) Rs 25 per trade
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5paisa Vs Bonanza Transaction Charges

5paisa transaction charges for options is Rs 5000 per crore (0.05%) (on premium) while Bonanza exchange transaction charges for options is NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium).

  5paisa Bonanza
Equity Delivery Rs 325 per crore (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday Rs 325 per crore (0.00325%) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Futures Rs 190 per crore (0.0019%) NSE Rs 215 per Cr (0.00215%) | BSE Rs 75 per Cr (0.00075%) (each side)
Equity Options Rs 5000 per crore (0.05%) (on premium) NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium)
Currency Futures Rs 190 per crore (0.0019%) NSE Rs 135 per Cr (0.00135%) | BSE Rs 29 per Cr (0.00029%)
Currency Options Rs 5000 per crore (0.05%) (on premium) NSE Rs 4750 per Cr (0.0475%) | BSE Rs 754 per Cr (0.00754%) (on premium)
Commodity Grp A: 0.0026% MCX - Non Agri Rs 235 per Cr (0.00235%) | MCX - Agri Rs 100 per Cr (0.001%)
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5paisa Vs Bonanza Leverage (Margin)

5paisa margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Bonanza margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  5paisa Bonanza
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare 5paisa and Bonanza Features

The trading platforms offered 5paisa include 5paisa Trade Station (Web, Mobile App and EXE). Bonanza offers Omnesys NEST Trader, My E Trade, My E Trade Mobile App trading software.

  5paisa Bonanza
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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
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5paisa Vs Bonanza Review

5paisa is rated 2.6 of 5 based on 83 customer reviews whereas Bonanza is rated 3.6 of 5 based on 7 customer reviews.

  5paisa Bonanza
  83 Customer Reviews    Rate 5paisa 7 Customer Reviews    Rate Bonanza
Fees 3.0 3.4
Brokerage 3.7 3.3
Trading Platform 2.7 3.1
Customer Service 2.1 3.7
Research Capabilities 2.2 5.0
Overall Ratings Rated 2.6 stars Rated 3.6 stars
Broker Rating 5paisa is rated 2.6 of 5 based on 83 customer reviews Bonanza is rated 3.6 of 5 based on 7 customer reviews
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Contact Broker / Request A Call Back

  5paisa Enquire Bonanza Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today. Leave your contact information and we will get in touch with you....
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5paisa Vs Bonanza Investment Options

  5paisa Bonanza
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Mutual Funds, Insurance Insurance
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5paisa Vs Bonanza Order Type Offered

  5paisa Bonanza
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No Yes
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5paisa Vs Bonanza Research Report

  5paisa Bonanza
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes
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5paisa Vs Bonanza Suitable For Investor Type

  5paisa Bonanza
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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5paisa Vs Bonanza - Pros and Cons

  5paisa Bonanza
Pros
  • Flat fee brokerage. Pay just Rs 20 per executed order. No more worries about size of the trade.
  • Free trading software's including 5paisa mobile app and trading terminal.
  • Brokerage free direct mutual funds.
  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
Cons
  • Call & Trade is charged at Rs 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.
  • NRI Trading and Demat Account is not available.
  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.
Reviews
Promo / Offers

5paisa.com Limited Time Offer - Free Account Opening (Rs 650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.

Open Online Account Now! and start trading today.

AMC are waived off for the 1st year

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