Bonanza Vs Aditya Birla Money (Compare Bonanza and Aditya Birla Money)
The side-by-side comparison of Bonanza and Aditya Birla Money. Compare Bonanza Vs Aditya Birla Money brokerage, charges, exposure margin, demat account. Read Aditya Birla Money and Bonanza review.
Find out Bonanza Vs Aditya Birla Money which is better and Bonanza Vs Aditya Birla Money which is best.
Our Bonanza Portfolio Ltd comparison with Aditya Birla Money Ltd highlights the major differences between two brokers. Find the best between Bonanza and Aditya Birla Money.
Bonanza Vs Aditya Birla Money
Bonanza
Aditya Birla Money
Find more info about broker
About the Broker
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...
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and i...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX, NCDEX, NFO, CDS
BSE, NSE, MCX
Account Type
Default Plan
Broker Enquiry
Year of Incorporation
1994
1994
Number of Branches
1784
800
Enquire Bonanza
Enquire Aditya Birla Money
Bonanza Vs Aditya Birla Money Charges
Bonanza
Aditya Birla Money
Trading Account Opening Fees
Nil
₹750
Trading Account AMC
Nil
Nil
Demat Account Opening Fees
Nil
Nil
Demat Account AMC
₹250
₹436
Demat Account is Mandatory?
No
No
Bonanza Vs Aditya Birla Money Brokerage
Brokerage Plan 1
Bonanza
Aditya Birla Money
Account Type
Default Plan
Fixed Charges
Equity Delivery Brokerage
0.10%
0.30%
Equity Intraday Brokerage
0.005%
0.03%
Equity Futures Brokerage
0.005%
0.03%
Equity Options Brokerage
₹15 per Lot
₹50 per lot
Currency Futures Trading Brokerage
0.0025%
0.03%
Currency Options Trading Brokerage
₹5 per lot
₹50 per lot
Commodity Futures Trading Brokerage
0.004%
0.03%
Commodity Options Trading Brokerage
Nil
Special Offer
Brokerage Plan 2
Bonanza
Aditya Birla Money
Account Type
Plan 1000
Fixed Charges
Equity Delivery Brokerage
0.1%
0.30%
Equity Intraday Brokerage
0.005%
0.03%
Equity Futures Brokerage
0.005%
0.03%
Equity Options Brokerage
₹15 per lot
₹50 per lot
Currency Futures Trading Brokerage
.0025%
0.03%
Currency Options Trading Brokerage
₹5 per lot
₹50 per lot
Commodity Futures Trading Brokerage
0.004%
0.03%
Commodity Options Trading Brokerage
Nil
Brokerage Plan 3
Bonanza
Aditya Birla Money
Account Type
Plan 7500
Fixed Charges
Equity Delivery Brokerage
0.025%
0.30%
Equity Intraday Brokerage
0.00312%
0.03%
Equity Futures Brokerage
0.00312%
0.03%
Equity Options Brokerage
₹10 per lot
₹50 per lot
Currency Futures Trading Brokerage
0.0015%
0.03%
Currency Options Trading Brokerage
₹4 per lot
₹50 per lot
Commodity Futures Trading Brokerage
0.00208%
0.03%
Commodity Options Trading Brokerage
Nil
Other Charges
Minimum Brokerage Charges
Intraday - .0001% and Delivery - .005%
₹20 per executed order
Other Brokerage Charges
Call & Trade Charges
₹25 per trade
Nil
Bonanza Vs Aditya Birla Money Taxes
Bonanza
Aditya Birla Money
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.
Bonanza Vs Aditya Birla Money Transaction Charges
Bonanza
Aditya Birla Money
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
₹325 per Cr (0.00325%)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
₹325 per Cr (0.00325%)
Equity Futures
NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side)
₹190 per Cr (0.0019%)
Equity Options
NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium)
₹5000 per Cr (0.05%) (on premium)
Currency Futures
NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%)
₹110 per Cr (0.0011%)
Currency Options
NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium)
₹4000 per Cr (0.04%) (on premium)
Commodity
MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%)
MCX - ₹300 per Cr (0.003%) | NCDEX - ₹400 per Cr (0.004%)
Bonanza Vs Aditya Birla Money Exposure Margin
Bonanza
Aditya Birla Money
Equity Delivery
Upto 10x + Interest
Upto 5x with interest
Equity Intraday
Upto 10x
15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product
Equity Futures
Upto 3x
Upto 3x
Equity Options
Upto 2x for shorting
Nil
Currency Futures
Upto 2x
3x
Currency Options
Upto 2x for shorting
Nil
Commodity Futures
Upto 3x
4x
Commodity Options
Bonanza and Aditya Birla Money Feature Comparison
Bonanza
Aditya Birla Money
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
Omnesys NEST Trader, My E Trade, My E Trade Mobile App
Etrade, Advanced web, Mobile invest
Intraday Square-off Time
3:15
3:15
Other Features
Insurance and Pension scheme available
Referral Program
Bonanza Vs Aditya Birla Money Review
Bonanza
Aditya Birla Money
6 Customer Reviews
12 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Bonanza is Rated 3.3 / 5 based on 6 customer reviews Aditya Birla Money is Rated 2.6 / 5 based on 12 customer reviews
Bonanza Vs Aditya Birla Money Investment Options
Bonanza
Aditya Birla Money
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Mutual Funds
Bonanza Vs Aditya Birla Money Customer Service
Bonanza
Aditya Birla Money
24/7 Customer Service
Onine Live Chat
Through Branches
Bonanza Vs Aditya Birla Money Order Type Offered
Bonanza
Aditya Birla Money
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Bonanza Vs Aditya Birla Money Research Report
Bonanza
Aditya Birla Money
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Bonanza Vs Aditya Birla Money Suitable For Investor Type
Bonanza
Aditya Birla Money
Casual Investor
Active Investor
Trader
Bonanza Vs Aditya Birla Money - Advantages and Disadvantages
Bonanza
Aditya Birla Money
Pros
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...
ABM offers 2 in 1 account which is Trading cum Demat account
No Call and Trade charges
Fund transfer facility available from more than 11 banks
ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
More Advantages...
Cons
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...
Doesn't offer online account opening facility
Brokerage calculator is not available
Doesn't have Referral program
More Disadvantages...
Reviews
Promo / Offers
AMC are waived off for the 1st year
Zerodha
Zero Account Opening Fee