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Bonanza Vs Edelweiss (Compare Bonanza and Edelweiss)

Bonanza Portfolio Ltd Logo

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... Know more about Bonanza Portfolio Ltd

Edelweiss Broking Ltd Logo

About 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

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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
Exchnage Membership BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE, MCX, NCDEX
Year of Incorporation 1994 2002
Number of Branches 1784 237
Enquire BonanzaOpen Edelweiss Account

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Bonanza Vs Edelweiss Charges & AMC

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

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

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Bonanza Vs Edelweiss Brokerage

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

Account Type Bonanza Flat Brokerage Plan Edelweiss Edelweiss Lite
Fixed Charges NA
Equity Delivery Rs 18 per executed order Rs 10 per executed order
Equity Intraday Rs 18 per executed order Rs 10 per executed order
Equity Futures Rs 18 per executed order Rs 10 per executed order
Equity Options Rs 18 per executed order Rs 10 per executed order
Currency Futures Rs 18 per executed order Rs 10 per executed order
Currency Options Rs 18 per executed order Rs 10 per executed order
Commodity Futures Rs 18 per executed order
Commodity Options Rs 18 per executed order
Special Offer
Special Offer: Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

Bonanza Vs Edelweiss Brokerage Plan 2

  Bonanza Edelweiss
Account Type Flat Brokerage Plan Edelweiss Elite
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 75 per lot
Currency Futures Rs 18 per executed order 0.02%
Currency Options Rs 18 per executed order Rs 22 per lot
Commodity Futures Rs 18 per executed order
Commodity Options Rs 18 per executed order
Enquire BonanzaOpen Edelweiss Account

Bonanza Charges Vs Edelweiss

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

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Bonanza Vs Edelweiss Transaction Charges

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

  Bonanza Edelweiss
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)
Equity Futures NSE Rs 215 per Cr (0.00215%) | BSE Rs 75 per Cr (0.00075%) (each side) NSE Rs 190 per Cr (0.0019%) | BSE Rs 190 per Cr (0.0019%) (each side)
Equity Options NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) NSE Rs 5000 per Cr (0.05%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 135 per Cr (0.00135%) | BSE Rs 29 per Cr (0.00029%) NSE Rs 115 per Cr (0.00115%) | BSE Rs 115 per Cr (0.00115%)
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%)
Enquire BonanzaOpen Edelweiss Account

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Bonanza Vs Edelweiss Leverage (Margin)

Bonanza margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Edelweiss margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Bonanza Edelweiss
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 BonanzaOpen Edelweiss Account

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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 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 BonanzaOpen Edelweiss Account

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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 70 customer reviews.

  Bonanza Edelweiss
  7 Customer Reviews    Rate Bonanza 70 Customer Reviews    Rate Edelweiss
Fees 3.4 3.1
Brokerage 3.3 3.1
Trading Platform 3.1 3.5
Customer Service 3.7 2.7
Research Capabilities 5.0 3.0
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 70 customer reviews

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Contact Broker / Request A Call Back

  Bonanza Enquire Edelweiss Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Trade @ flat Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening Fee. Open a Free Demat Account in just 15 Minutes.

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Bonanza Vs Edelweiss Investment Options

  Bonanza Edelweiss
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options Insurance

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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 BonanzaOpen Edelweiss Account

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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

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Bonanza Vs Edelweiss Suitable For Investor Type

  Bonanza Edelweiss
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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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 Rs 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 Rs 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 Rs 20 per call.
Reviews
Promo / Offers

AMC are waived off for the 1st year

Trade @ Rs 10 per order + FREE Trading Tips + Rs 0 Account Opening (for limited time only)

  • Flat Rs 10 per trade across all segments.
  • FREE Research and Trading Tips.
  • Margin against share and Margin Funding available.

It is a limited-time offer. Open FREE Edelweiss Account online in just 15 Minutes.

Enquire BonanzaOpen Edelweiss Account

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