Bonanza Vs Edelweiss (Compare Bonanza and Edelweiss)
The side-by-side comparison of Bonanza and Edelweiss. Compare Bonanza Vs Edelweiss brokerage, charges, exposure margin, demat account. Read Edelweiss and Bonanza review.
Find out Bonanza Vs Edelweiss which is better and Bonanza Vs Edelweiss which is best.
Our Bonanza Portfolio Ltd comparison with Edelweiss Broking Ltd highlights the major differences between two brokers. Find the best between Bonanza and Edelweiss.
Bonanza Vs Edelweiss
Bonanza
Edelweiss
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 2008, Edelweiss Broking Ltd. is a Mumbai, India based full- service stockbroking firm. The company is a part of Edelweiss Group, incorporated in 1995, a leading diversified financial services conglomerate.
The Retail Broking business...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX, NCDEX, NFO, CDS
BSE, NSE, MCX, NCDEX
Account Type
Default Plan
Edelweiss Lite
Broker Enquiry
Year of Incorporation
1994
2002
Number of Branches
1784
237
Enquire Bonanza
Enquire Edelweiss
Bonanza Vs Edelweiss Charges
Bonanza
Edelweiss
Trading Account Opening Fees
Nil
₹750
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹250
Free (₹300 2nd year onward)
Demat Account is Mandatory?
No
No
Bonanza Vs Edelweiss Brokerage
Brokerage Plan 1
Bonanza
Edelweiss
Account Type
Default Plan
Edelweiss Lite
Fixed Charges
Equity Delivery Brokerage
0.10%
₹10 or 0.01% whichever lower
Equity Intraday Brokerage
0.005%
₹10 or 0.01% whichever lower
Equity Futures Brokerage
0.005%
₹10 or 0.01% whichever lower
Equity Options Brokerage
₹15 per Lot
₹10 or executed order
Currency Futures Trading Brokerage
0.0025%
₹10 or 0.01% whichever lower
Currency Options Trading Brokerage
₹5 per lot
₹10 or executed order
Commodity Futures Trading Brokerage
0.004%
Commodity Options Trading Brokerage
Brokerage Plan 2
Bonanza
Edelweiss
Account Type
Plan 1000
Prepaid Plan (₹12,000 for 12 months)
Fixed Charges
₹12,000 + ₹1,800 (Service tax)
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
₹90 per lot
Currency Futures Trading Brokerage
.0025%
0.04%
Currency Options Trading Brokerage
₹5 per lot
₹22 per lot
Commodity Futures Trading Brokerage
0.004%
Commodity Options Trading Brokerage
Brokerage Plan 3
Bonanza
Edelweiss
Account Type
Plan 7500
Prepaid Plan (₹1,12,000 for 12 months)
Fixed Charges
₹1,12,000 + ₹16,800 (Service tax)
Equity Delivery Brokerage
0.025%
0.10%
Equity Intraday Brokerage
0.00312%
0.01%
Equity Futures Brokerage
0.00312%
0.01%
Equity Options Brokerage
₹10 per lot
₹25 per lot
Currency Futures Trading Brokerage
0.0015%
0.01%
Currency Options Trading Brokerage
₹4 per lot
₹6 per lot
Commodity Futures Trading Brokerage
0.00208%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Intraday - .0001% and Delivery - .005%
3 paisa per share in delivery, 1 paisa per share on Intraday and Futures
Other Brokerage Charges
Call & Trade Charges
₹25 per trade
₹20 per call
Bonanza Vs Edelweiss Taxes
Bonanza
Edelweiss
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 Edelweiss Transaction Charges
Bonanza
Edelweiss
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (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 ₹275 per Cr (0.00275%) (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 ₹190 per Cr (0.0019%) (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 ₹5000 per Cr (0.05%) (on premium)
Currency Futures
NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%)
NSE ₹115 per Cr (0.00115%) | BSE ₹115 per Cr (0.00115%)
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%)
Bonanza Vs Edelweiss Exposure Margin
Bonanza
Edelweiss
Equity Delivery
Upto 10x + Interest
Up to 10x
Equity Intraday
Upto 10x
Up to 40x
Equity Futures
Upto 3x
40x
Equity Options
Upto 2x for shorting
Nil
Currency Futures
Upto 2x
1.5x
Currency Options
Upto 2x for shorting
Nil
Commodity Futures
Upto 3x
Up to 6x
Commodity Options
Bonanza and Edelweiss Feature Comparison
Bonanza
Edelweiss
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
Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time
3:15
3:00 PM
Other Features
Referral Program
Bonanza Vs Edelweiss Review
Bonanza
Edelweiss
6 Customer Reviews
41 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Bonanza is Rated 3.3 / 5 based on 6 customer reviews Edelweiss is Rated 3.1 / 5 based on 41 customer reviews
Bonanza Vs Edelweiss Investment Options
Bonanza
Edelweiss
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Bonanza Vs Edelweiss Customer Service
Bonanza
Edelweiss
24/7 Customer Service
Onine Live Chat
Through Branches
Bonanza Vs Edelweiss Order Type Offered
Bonanza
Edelweiss
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Bonanza Vs Edelweiss Research Report
Bonanza
Edelweiss
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Bonanza Vs Edelweiss Suitable For Investor Type
Bonanza
Edelweiss
Casual Investor
Active Investor
Trader
Bonanza Vs Edelweiss - Advantages and Disadvantages
Bonanza
Edelweiss
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...
1. Full service broker offering discount brokerage plan. Trade at flat ₹10 per executed order across all segments.
3. Offer commodity trading on the same trading trading platform.
4. Free research and trading tips calls to all the customers.
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...
1. IPO cannot be applied online.
2. Bracket order is not available.
3. Good Till cancelled orders are not available. More Disadvantages...
Reviews
Promo / Offers
AMC are waived off for the 1st year
Edelweiss Lite (Discount Brokerage Plan) + Free Trading & Demat Account (for limited time only) Edelweiss offers FREE Trading + Demat Account (₹750 waived). Get a discount trading plan offering trading @ ₹10 per order flat rate. Save over 60% on brokerage in comparison of other full-service brokers.
This is a limited time offer. Simply leave your contact information with us and Edelweiss representatives will contact you.
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