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About 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... 
About Aditya Birla Money
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 is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp...
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. Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India.
| Bonanza | Aditya Birla Money | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX, NFO, CDS | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 1994 |
| Number of Branches | 1784 | 800 |
| Enquire Bonanza | Enquire Aditya Birla Money |
Bonanza trading account opening charges is Rs 999 while Aditya Birla Money account opening changes is Rs 750. Bonanza Demat Account AMC Charges is Nil and Aditya Birla Money Demat Account AMC Charges is Rs 436.
| Bonanza | Aditya Birla Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 999 | Rs 750 |
| Trading Account AMC Charges | Nil | Nil |
| Demat Account Opening Charges | Nil | Nil |
| Demat Account AMC Charges | Nil | Rs 436 |
Bonanza brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03%.
| Account Type | Bonanza Flat Brokerage Plan | Aditya Birla Money |
|---|---|---|
| Fixed Charges | ||
| Equity Delivery | Rs 18 per executed order | 0.30% |
| Equity Intraday | Rs 18 per executed order | 0.03% |
| Equity Futures | Rs 18 per executed order | 0.03% |
| Equity Options | Rs 18 per executed order | Rs 50 per lot |
| Currency Futures | Rs 18 per executed order | 0.03% |
| Currency Options | Rs 18 per executed order | Rs 50 per lot |
| Commodity Futures | Rs 18 per executed order | 0.03% |
| Commodity Options | Rs 18 per executed order | Nil |
| Special Offer |
| Minimum Brokerage | Intraday - .0001% and Delivery - .005% | Rs 20 per executed order |
| Other Charges | ||
| Call & Trade Charges | Rs 25 per trade | Nil |
Bonanza transaction charges for options is NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) while Aditya Birla Money exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).
| Bonanza | Aditya Birla Money | |
|---|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | Rs 325 per Cr (0.00325%) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | Rs 325 per Cr (0.00325%) |
| Equity Futures | NSE Rs 215 per Cr (0.00215%) | BSE Rs 75 per Cr (0.00075%) (each side) | Rs 190 per Cr (0.0019%) |
| Equity Options | NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) | Rs 5000 per Cr (0.05%) (on premium) |
| Currency Futures | NSE Rs 135 per Cr (0.00135%) | BSE Rs 29 per Cr (0.00029%) | Rs 110 per Cr (0.0011%) |
| Currency Options | NSE Rs 4750 per Cr (0.0475%) | BSE Rs 754 per Cr (0.00754%) (on premium) | Rs 4000 per Cr (0.04%) (on premium) |
| Commodity | MCX - Non Agri Rs 235 per Cr (0.00235%) | MCX - Agri Rs 100 per Cr (0.001%) | MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%) |
| Enquire Bonanza | Enquire Aditya Birla Money |
Bonanza margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Aditya Birla Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Bonanza | Aditya Birla Money | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Enquire Bonanza | Enquire Aditya Birla Money |
The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. Aditya Birla Money offers Etrade, Advanced web, Mobile invest trading software.
| Bonanza | Aditya Birla Money | |
|---|---|---|
| 3 in 1 Account |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| 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 | ||
| Enquire Bonanza | Enquire Aditya Birla Money |
Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas Aditya Birla Money is rated 2.8 of 5 based on 23 customer reviews.
| Bonanza | Aditya Birla Money | |
|---|---|---|
7 Customer Reviews  |
23 Customer Reviews |
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| Broker Rating | Bonanza is rated 3.6 of 5 based on 7 customer reviews | Aditya Birla Money is rated 2.8 of 5 based on 23 customer reviews |
| Bonanza Enquire | Aditya Birla Money Enquire | |
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| Contact Broker | Leave your contact information and we will get in touch with you.... | Leave your contact information and we will get in touch with you.... |
| Bonanza | Aditya Birla Money | |
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| Other Investment Options | Insurance | Mutual Funds |
| Bonanza | Aditya Birla Money | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| Good Till Cancelled (GTC) | |
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| Enquire Bonanza | Enquire Aditya Birla Money |
| Bonanza | Aditya Birla Money | |
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| Daily Market Report | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Bonanza | Aditya Birla Money | |
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| Bonanza | Aditya Birla Money | |
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| Promo / Offers | AMC are waived off for the 1st year |
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| Enquire Bonanza | Enquire Aditya Birla Money |
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