Bonanza Vs Edelweiss (Compare Bonanza and Edelweiss)

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


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


Edelweiss
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 of Edelweiss offers facilities to invest & trade in all major asset classes: Equity, Debt, Mutual Funds, IPOs, Currency Derivatives, commodities and Futures & Options. Edelweiss offers investment advice backed by research and analysis to it... Know more about Edelweiss Broking Ltd

Expand

Bonanza Vs Edelweiss

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 2002, Edelweiss is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 237 branches across India.

  Bonanza Edelweiss
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE, MCX, NCDEX
Account Type Flat Brokerage Plan Edelweiss Lite
Year of Incorporation 1994 2002
Number of Branches 1784 237
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 Edelweiss. Leave your contact info and we will get in touch with you.
Enquire BonanzaEnquire Edelweiss
Expand

Bonanza Vs Edelweiss Charges & AMC

Bonanza trading account opening charges is ₹999 while Edelweiss account opening changes is ₹0 (Free). Bonanza Demat Account AMC Charges is Nil and Edelweiss Demat Account AMC Charges is ₹500 (1st Year Free).

  Bonanza Edelweiss
Trading Account Opening Charges ₹999 ₹0 (Free)
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0 (Free)
Demat Account AMC Charges Nil ₹500 (1st Year Free)
Expand

Bonanza Vs Edelweiss Brokerage Charges & Plans

Bonanza Vs Edelweiss Brokerage

Bonanza brokerage charges for equity is ₹18 per executed order and intraday is ₹18 per executed order whereas Edelweiss brokerage charges for equity is ₹10 per executed order and intraday is ₹10 per executed order.

  Bonanza Edelweiss
Account Type Flat Brokerage Plan Edelweiss Lite
Fixed Charges
Equity Delivery Brokerage ₹18 per executed order ₹10 per executed order
Equity Intraday Brokerage ₹18 per executed order ₹10 per executed order
Equity Futures Brokerage ₹18 per executed order ₹10 per executed order
Equity Options Brokerage ₹18 per executed order ₹10 per executed order
Currency Futures Trading Brokerage ₹18 per executed order ₹10 per executed order
Currency Options Trading Brokerage ₹18 per executed order ₹10 per executed order
Commodity Futures Trading Brokerage ₹18 per executed order
Commodity Options Trading Brokerage ₹18 per executed order
Special Offer
Special Offer: [Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

Bonanza Vs Edelweiss Brokerage Plan 2

  Bonanza Edelweiss
Account Type Flat Brokerage Plan Edelweiss Elite
Fixed Charges
Equity Delivery Brokerage ₹18 per executed order 0.30%
Equity Intraday Brokerage ₹18 per executed order 0.03%
Equity Futures Brokerage ₹18 per executed order 0.03%
Equity Options Brokerage ₹18 per executed order ₹75 per lot
Currency Futures Trading Brokerage ₹18 per executed order 0.02%
Currency Options Trading Brokerage ₹18 per executed order ₹22 per lot
Commodity Futures Trading Brokerage ₹18 per executed order
Commodity Options Trading Brokerage ₹18 per executed order
Enquire BonanzaEnquire Edelweiss

Bonanza Charges Vs Edelweiss

Minimum Brokerage Charges Intraday - .0001% and Delivery - .005% 0.03% Equity delivery, 0.01% Intra-day and Futures
Other Brokerage Charges Margin Funding: 0.08%/day, Research: ₹50 per month,
Call & Trade Charges ₹25 per trade ₹20 per call
Expand

Bonanza Vs Edelweiss Transaction Charges

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

  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%)
Enquire BonanzaEnquire Edelweiss
Expand

Bonanza Vs Edelweiss Leverage (Margin)

Bonanza provides the margin of Upto 10x for intraday trades whereas the Edelweiss margin for intraday cash is Up to 40x.

  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
Enquire BonanzaEnquire Edelweiss
Expand

Compare Bonanza and Edelweiss Features

The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. Edelweiss offers Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress trading software.

  Bonanza Edelweiss
3 in 1 Account No No
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 Edelweiss.in Web, Mobile Trader, Xtreme Trader (terminal), Edelweiss Xpress
Intraday Square-off Time 3:15 3:00 PM
Other Features
Referral Program
Enquire BonanzaEnquire Edelweiss
Expand

Bonanza Vs Edelweiss Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas Edelweiss is rated 3.0 of 5 based on 51 customer reviews.

  Bonanza Edelweiss
  7 Customer Reviews    Rate Bonanza 51 Customer Reviews    Rate Edelweiss
Fees 3.4 3.2
Trading Brokerage 3.3 3.1
Trading Platform Usability 3.1 3.6
Customer Service 3.7 2.8
Research Capabilities 5.0 2.8
Overall Ratings Rated 3.6 stars Rated 3.0 stars
Broker Rating Bonanza is rated 3.6 of 5 based on 7 customer reviews Edelweiss is rated 3.0 of 5 based on 51 customer reviews
Expand

Contact Broker / Request A Call Back

  Bonanza Enquire Edelweiss Enquire
Contact Broker

Leave your contact information and we will get in touch with you....

[Full-service Discount Brokerage Plan] Trade @ flat ₹10 per order. Get free trading and demat account. Request a Callback.

Expand

Bonanza Vs Edelweiss Investment Options

  Bonanza Edelweiss
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
Expand

Bonanza Vs Edelweiss Order Type Offered

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

Bonanza Vs Edelweiss Research Report

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

Bonanza Vs Edelweiss Suitable For Investor Type

  Bonanza Edelweiss
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
Expand

Bonanza Vs Edelweiss - Pros and Cons

  Bonanza Edelweiss
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. Full-service broker offering discount brokerage plan.
  2. Trade at flat ₹10 per executed order across all segments in Edelweiss Lite Plan.
  3. Instant online account opening: Open your Investing & Trading account in less than 15 minutes.
  4. Offer commodity trading on the same trading platform.
  5. Free research and trading tips call to all the customers.
  6. Online IPO application.
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.
  1. The bracket orders are not available.
  2. Good Till canceled orders are not available.
  3. Higher minimum brokerage: 3 paise per share in delivery, 1 paisa per share on Intraday and Futures
  4. Call & Trade is available at an additional cost of ₹20 per call.
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. 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.

Enquire BonanzaEnquire Edelweiss

Compare More Brokers...

Bonanza Edelweiss
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App