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5paisa Vs Bonanza (Compare 5paisa and Bonanza)

The side-by-side comparison of 5paisa and Bonanza. Compare 5paisa Vs Bonanza brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best 5paisa vs Bonanza?

5paisa
5paisa is a leading stockbroker in India. 5paisa Capital Ltd is a publicly-traded and professionally managed company promoted by IIFL founders. 5paisa.com started operations in March 2016 and became 2nd largest discount stock broker in India by Dec 2018. It is listed on BSE and NSE. 5paisa online trading is available in equity, commodity, and currency at BSE, NSE, and MCX. It is a flat rate discount stockbroker. It charges flat 20 Rs brokerage irrespective of the size of the trade, segment or e...

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...

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
Supported Exchnages	NSE, BSE	BSE, NSE, MCX, NCDEX, NFO, CDS
Account Type	Optimum	Flat Brokerage Plan
Year of Incorporation	1996	1994
Number of Branches	900	1784
Broker Enquiry
	Enquire 5paisa	Enquire Bonanza

5paisa Vs Bonanza Charges & AMC

5paisa trading account opening charges is ₹300 while Bonanza account opening changes is ₹999. 5paisa Demat Account AMC Charges is ₹540 (charged as ₹45 per traded month) and Bonanza Demat Account AMC Charges is Nil.

	5paisa	Bonanza
Trading Account Opening Charges	₹300	₹999
Trading Account AMC Charges	₹0 (Free)	Nil
Demat Account Opening Charges	₹0 (Free)	Nil
Demat Account AMC Charges	₹540 (charged as ₹45 per traded month)	Nil

5paisa Vs Bonanza Brokerage Charges & Plans

5paisa Vs Bonanza Brokerage

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

	5paisa	Bonanza
Account Type	Optimum	Flat Brokerage Plan
Fixed Charges	NA
Equity Delivery Brokerage	₹20 per executed order	₹18 per executed order
Equity Intraday Brokerage	₹20 per executed order	₹18 per executed order
Equity Futures Brokerage	₹20 per executed order	₹18 per executed order
Equity Options Brokerage	₹20 per executed order	₹18 per executed order
Currency Futures Trading Brokerage	₹20 per executed order	₹18 per executed order
Currency Options Trading Brokerage	₹20 per executed order	₹18 per executed order
Commodity Futures Trading Brokerage	₹20 per executed order	₹18 per executed order
Commodity Options Trading Brokerage	₹20 per executed order	₹18 per executed order
Special Offer	Special Offer:

5paisa Vs Bonanza Brokerage Plan 2

	5paisa	Bonanza
Account Type	Platinum	Flat Brokerage Plan
Fixed Charges	₹499 per month
Equity Delivery Brokerage	₹10 per executed order	₹18 per executed order
Equity Intraday Brokerage	₹10 per executed order	₹18 per executed order
Equity Futures Brokerage	₹10 per executed order	₹18 per executed order
Equity Options Brokerage	₹2 per lot	₹18 per executed order
Currency Futures Trading Brokerage	₹10 per executed order	₹18 per executed order
Currency Options Trading Brokerage	₹10 per executed order	₹18 per executed order
Commodity Futures Trading Brokerage	₹10 per executed order	₹18 per executed order
Commodity Options Trading Brokerage	₹10 per executed order	₹18 per executed order
	Enquire 5paisa	Enquire Bonanza

5paisa Vs Bonanza Brokerage Plan 3

	5paisa	Bonanza
Account Type	Titanium	Flat Brokerage Plan
Fixed Charges	₹1000 per month
Equity Delivery Brokerage	₹0 (Free)	₹18 per executed order
Equity Intraday Brokerage	₹10 per executed order	₹18 per executed order
Equity Futures Brokerage	₹10 per executed order	₹18 per executed order
Equity Options Brokerage	₹2 per executed lot	₹18 per executed order
Currency Futures Trading Brokerage	₹10 per executed order	₹18 per executed order
Currency Options Trading Brokerage	₹10 per executed order	₹18 per executed order
Commodity Futures Trading Brokerage	₹10 per executed order	₹18 per executed order
Commodity Options Trading Brokerage	₹10 per executed order	₹18 per executed order
	Enquire 5paisa	Enquire Bonanza

5paisa Charges Vs Bonanza

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 Transaction Charges

5paisa transaction charges for options is ₹5100 per crore (0.051%) (on premium) while Bonanza exchange transaction charges for options is NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium).

	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%)
	Enquire 5paisa	Enquire Bonanza

5paisa Vs Bonanza Leverage (Margin)

5paisa provides the margin of Up to 20x for intraday trades whereas the Bonanza margin for intraday cash is Upto 10x.

	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
	Enquire 5paisa	Enquire Bonanza

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
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
	Enquire 5paisa	Enquire Bonanza

5paisa Vs Bonanza Review

5paisa is rated 2.6 of 5 based on 74 customer reviews whereas Bonanza is rated 3.6 of 5 based on 7 customer reviews.

	5paisa	Bonanza
	74 Customer Reviews	7 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	5paisa is rated 2.6 of 5 based on 74 customer reviews	Bonanza is rated 3.6 of 5 based on 7 customer reviews

Contact Broker / Request A Call Back

	5paisa Enquire	Bonanza Enquire
Contact Broker	Name Phone # Email City Name State Are you a day trader?	Leave your contact information and we will get in touch with you.... Name Phone # Email City Name State Are you a day trader?

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 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)
	Enquire 5paisa	Enquire Bonanza

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 - Pros and Cons

	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.	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
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.	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.
Reviews
Promo / Offers		AMC are waived off for the 1st year
	Enquire 5paisa	Enquire Bonanza

Compare More Brokers...

5paisa	Bonanza
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