Bonanza Vs Anand Rathi (Compare Bonanza and Anand Rathi)

Bonanza Vs Anand Rathi

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, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX & NSEL. It has 1200 branches across India.

	Bonanza	Anand Rathi
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX, NFO, CDS	NSE, BSE, MCX, NCDEX & NSEL
Account Type	Flat Brokerage Plan	Standard Plan
Year of Incorporation	1994	1994
Number of Branches	1784	1200
Broker Enquiry
	Enquire Bonanza	Enquire Anand Rathi

Bonanza Vs Anand Rathi Charges & AMC

Bonanza trading account opening charges is ₹999 while Anand Rathi account opening changes is ₹750. Bonanza Demat Account AMC Charges is Nil and Anand Rathi Demat Account AMC Charges is ₹299 from second year onward.

	Bonanza	Anand Rathi
Trading Account Opening Charges	₹999	₹750
Trading Account AMC Charges	Nil	₹0
Demat Account Opening Charges	Nil	₹550
Demat Account AMC Charges	Nil	₹299 from second year onward

Bonanza Vs Anand Rathi Brokerage

Bonanza brokerage charges for equity is ₹18 per executed order and intraday is ₹18 per executed order whereas Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015%.

	Bonanza	Anand Rathi
Account Type	Flat Brokerage Plan	Standard Plan
Fixed Charges
Equity Delivery Brokerage	₹18 per executed order	0.5% - 0.15%
Equity Intraday Brokerage	₹18 per executed order	0.05% -0.015%
Equity Futures Brokerage	₹18 per executed order	0.05% - 0.015%
Equity Options Brokerage	₹18 per executed order	₹75 to ₹20
Currency Futures Trading Brokerage	₹18 per executed order	0.05% - 0.015%
Currency Options Trading Brokerage	₹18 per executed order	₹75 to ₹20
Commodity Futures Trading Brokerage	₹18 per executed order	0.008% - 0.05%
Commodity Options Trading Brokerage	₹18 per executed order
Special Offer

Bonanza Charges Vs Anand Rathi

Minimum Brokerage Charges	Intraday - .0001% and Delivery - .005%
Other Brokerage Charges
Call & Trade Charges	₹25 per trade

Bonanza Vs Anand Rathi Transaction Charges

Bonanza transaction charges for options is NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium) while Anand Rathi exchange transaction charges for options is ₹7000 per Cr (0.07%).

	Bonanza	Anand Rathi
Equity Delivery	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)	NSE ₹350 per Cr (0.0035%) | BSE ₹350 per Cr (0.0035%) (each side)
Equity Intraday	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)	NSE ₹350 per Cr (0.0035%) | BSE ₹350 per Cr (0.0035%) (each side)
Equity Futures	NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side)	NSE ₹410 per Cr (0.0041%) | BSE ₹210 per Cr (0.0021%) (each side)
Equity Options	NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium)	₹7000 per Cr (0.07%)
Currency Futures	NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%)	₹350 per Cr (0.0035%)
Currency Options	NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium)	₹7000 per Cr (0.07%)
Commodity	MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%)	₹350 per Cr (0.0035%)
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Bonanza Vs Anand Rathi Leverage (Margin)

Bonanza provides the margin of Upto 10x for intraday trades whereas the Anand Rathi margin for intraday cash is Upto 10x.

	Bonanza	Anand Rathi
Equity Delivery	Upto 10x + Interest	upto 4x
Equity Intraday	Upto 10x	Upto 10x
Equity Futures	Upto 3x	Upto 2x
Equity Options	Upto 2x for shorting	Upto 2x for shorting
Currency Futures	Upto 2x	Upto 2x
Currency Options	Upto 2x for shorting	Upto 2x for shorting
Commodity Futures	Upto 3x	Upto 2x
Commodity Options
	Enquire Bonanza	Enquire Anand Rathi

Compare Bonanza and Anand Rathi Features

The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. Anand Rathi offers Trade X trading software.

	Bonanza	Anand Rathi
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	Trade X
Intraday Square-off Time	3:15
Other Features
Referral Program
	Enquire Bonanza	Enquire Anand Rathi

Bonanza Vs Anand Rathi Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas Anand Rathi is rated 3.2 of 5 based on 13 customer reviews.

	Bonanza	Anand Rathi
	7 Customer Reviews	13 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Bonanza is rated 3.6 of 5 based on 7 customer reviews	Anand Rathi is rated 3.2 of 5 based on 13 customer reviews

Bonanza Vs Anand Rathi Investment Options

	Bonanza	Anand Rathi
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

Bonanza Vs Anand Rathi Order Type Offered

	Bonanza	Anand Rathi
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Bonanza	Enquire Anand Rathi

Bonanza Vs Anand Rathi Research Report

	Bonanza	Anand Rathi
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Bonanza Vs Anand Rathi Suitable For Investor Type

	Bonanza	Anand Rathi
Casual Investor
Active Investor
Trader

Bonanza Vs Anand Rathi - Pros and Cons

	Bonanza	Anand Rathi
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	They have 200 branches for extensive reach. call & trade is also available. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available. Trading is available in both BSE and NSE. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
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.	AnandRathi brokerage is high and not negotiable. They don't offer 3 in 1 account. There are some extra charges for their featured products.
Reviews
Promo / Offers	AMC are waived off for the 1st year
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