Bonanza Vs AxisDirect (Compare Bonanza and AxisDirect)

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


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


AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

Expand

Bonanza Vs AxisDirect

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 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  Bonanza AxisDirect
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE, MCX
Account Type Flat Brokerage Plan Standard Brokerage Plan
Year of Incorporation 1994 2006
Number of Branches 1784 56
Broker Enquiry Open an Online Trading Account with Bonanza. Leave your contact info and we will get in touch with you. Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
Enquire BonanzaEnquire AxisDirect
Expand

Bonanza Vs AxisDirect Charges & AMC

Bonanza trading account opening charges is ₹999 while AxisDirect account opening changes is ₹900. Bonanza Demat Account AMC Charges is Nil and AxisDirect Demat Account AMC Charges is ₹650.

  Bonanza AxisDirect
Trading Account Opening Charges ₹999 ₹900
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0
Demat Account AMC Charges Nil ₹650
Expand

Bonanza Vs AxisDirect Brokerage Charges & Plans

Bonanza Vs AxisDirect Brokerage

Bonanza brokerage charges for equity is ₹18 per executed order and intraday is ₹18 per executed order whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

  Bonanza AxisDirect
Account Type Flat Brokerage Plan Standard Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹18 per executed order 0.50%
Equity Intraday Brokerage ₹18 per executed order 0.05%
Equity Futures Brokerage ₹18 per executed order 0.05%
Equity Options Brokerage ₹18 per executed order Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures Trading Brokerage ₹18 per executed order 0.05%
Currency Options Trading Brokerage ₹18 per executed order Intraday: ₹0.01 per lot | Carry Forward: ₹10 per l
Commodity Futures Trading Brokerage ₹18 per executed order 0.03%
Commodity Options Trading Brokerage ₹18 per executed order ₹50 per lot
Special Offer

Bonanza Charges Vs AxisDirect

Minimum Brokerage Charges Intraday - .0001% and Delivery - .005% ₹20 per trade
Other Brokerage Charges
Call & Trade Charges ₹25 per trade ₹20 per call
Expand

Bonanza Vs AxisDirect Transaction Charges

Bonanza transaction charges for options is NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium) while AxisDirect exchange transaction charges for options is NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium).

  Bonanza AxisDirect
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side) NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium) NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%) ₹190 per Cr (0.0019%)
Currency Options NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium) ₹5000 per Cr (0.05%) (on premium)
Commodity MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%)
Enquire BonanzaEnquire AxisDirect
Expand

Bonanza Vs AxisDirect Leverage (Margin)

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

  Bonanza AxisDirect
Equity Delivery Upto 10x + Interest 100% (1x)
Equity Intraday Upto 10x Upto 10x
Equity Futures Upto 3x 100% (1x)
Equity Options Upto 2x for shorting 100% (1x)
Currency Futures Upto 2x 100% (1x)
Currency Options Upto 2x for shorting 100% (1x)
Commodity Futures Upto 3x 3x
Commodity Options 100% (1x)
Enquire BonanzaEnquire AxisDirect
Expand

Compare Bonanza and AxisDirect Features

The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Bonanza AxisDirect
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Omnesys NEST Trader, My E Trade, My E Trade Mobile App DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:15 3:15
Other Features
Referral Program Yes
Enquire BonanzaEnquire AxisDirect
Expand

Bonanza Vs AxisDirect Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas AxisDirect is rated 2.1 of 5 based on 62 customer reviews.

  Bonanza AxisDirect
  7 Customer Reviews    Rate Bonanza 62 Customer Reviews    Rate AxisDirect
Fees 3.4 2.1
Trading Brokerage 3.3 1.8
Trading Platform Usability 3.1 2.7
Customer Service 3.7 2.3
Research Capabilities 5.0 2.9
Overall Ratings Rated 3.6 stars Rated 2.1 stars
Broker Rating Bonanza is rated 3.6 of 5 based on 7 customer reviews AxisDirect is rated 2.1 of 5 based on 62 customer reviews
Expand

Contact Broker / Request A Call Back

  Bonanza Enquire AxisDirect Enquire
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....

Expand

Bonanza Vs AxisDirect Investment Options

  Bonanza AxisDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options Insurance Loans, ETF, Corporate FD
Expand

Bonanza Vs AxisDirect Order Type Offered

  Bonanza AxisDirect
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes Yes
Enquire BonanzaEnquire AxisDirect
Expand

Bonanza Vs AxisDirect Research Report

  Bonanza AxisDirect
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

Bonanza Vs AxisDirect Suitable For Investor Type

  Bonanza AxisDirect
Casual Investor Yes
Active Investor Yes
Trader Yes
Expand

Bonanza Vs AxisDirect - Pros and Cons

  Bonanza AxisDirect
Pros
  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
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  1. Call & trade is charged extra at the rate of ₹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.
  • Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
  • Charges ₹250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged ₹20 extra per trade
Reviews
Promo / Offers

AMC are waived off for the 1st year

Enquire BonanzaEnquire AxisDirect

Compare More Brokers...

Bonanza AxisDirect
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App