Bonanza Vs Finvasia (Compare Bonanza and Finvasia)

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


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


Finvasia
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd

Expand

Bonanza Vs Finvasia

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 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Bonanza Finvasia
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE, MCX
Account Type Flat Brokerage Plan Standard
Year of Incorporation 1994 2013
Number of Branches 1784 1
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 Finvasia. Leave your contact info and we will get in touch with you.
Enquire BonanzaEnquire Finvasia
Expand

Bonanza Vs Finvasia Charges & AMC

Bonanza trading account opening charges is ₹999 while Finvasia account opening changes is ₹0 (Free). Bonanza Demat Account AMC Charges is Nil and Finvasia Demat Account AMC Charges is ₹0 per year (Lifetime Zero AMC).

  Bonanza Finvasia
Trading Account Opening Charges ₹999 ₹0 (Free)
Trading Account AMC Charges Nil ₹0 (Free)
Demat Account Opening Charges Nil ₹0 (Free)
Demat Account AMC Charges Nil ₹0 per year (Lifetime Zero AMC)
Expand

Bonanza Vs Finvasia Brokerage Charges & Plans

Bonanza Vs Finvasia Brokerage

Bonanza brokerage charges for equity is ₹18 per executed order and intraday is ₹18 per executed order whereas Finvasia brokerage charges for equity is ₹0 and intraday is ₹0.

  Bonanza Finvasia
Account Type Flat Brokerage Plan Standard
Fixed Charges
Equity Delivery Brokerage ₹18 per executed order ₹0
Equity Intraday Brokerage ₹18 per executed order ₹0
Equity Futures Brokerage ₹18 per executed order ₹0
Equity Options Brokerage ₹18 per executed order ₹0
Currency Futures Trading Brokerage ₹18 per executed order ₹0
Currency Options Trading Brokerage ₹18 per executed order ₹0
Commodity Futures Trading Brokerage ₹18 per executed order ₹0
Commodity Options Trading Brokerage ₹18 per executed order ₹0
Special Offer

Bonanza Charges Vs Finvasia

Minimum Brokerage Charges Intraday - .0001% and Delivery - .005% ₹0
Other Brokerage Charges Bracket Orders in NEST: ₹99 per month
Call & Trade Charges ₹25 per trade ₹0
Expand

Bonanza Vs Finvasia Transaction Charges

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

  Bonanza Finvasia
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹325 per Cr (0.00325%) (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 ₹325 per Cr (0.00325%) (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) ₹5000 per Cr (0.05%) (on premium)
Currency Futures NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%) ₹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%) ₹260 per Cr (0.0026%)
Enquire BonanzaEnquire Finvasia
Expand

Bonanza Vs Finvasia Leverage (Margin)

Bonanza provides the margin of Upto 10x for intraday trades whereas the Finvasia margin for intraday cash is up to 10x.

  Bonanza Finvasia
Equity Delivery Upto 10x + Interest 1x
Equity Intraday Upto 10x up to 10x
Equity Futures Upto 3x 2x
Equity Options Upto 2x for shorting 1x
Currency Futures Upto 2x 1x
Currency Options Upto 2x for shorting 1x
Commodity Futures Upto 3x 2x
Commodity Options 1x
Enquire BonanzaEnquire Finvasia
Expand

Compare Bonanza and Finvasia Features

The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

  Bonanza Finvasia
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform Omnesys NEST Trader, My E Trade, My E Trade Mobile App Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:15 3:15 PM
Other Features Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
Enquire BonanzaEnquire Finvasia
Expand

Bonanza Vs Finvasia Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas Finvasia is rated 4.5 of 5 based on 20 customer reviews.

  Bonanza Finvasia
  7 Customer Reviews    Rate Bonanza 20 Customer Reviews    Rate Finvasia
Fees 3.4 4.6
Trading Brokerage 3.3 4.9
Trading Platform Usability 3.1 3.2
Customer Service 3.7 4.6
Research Capabilities 5.0 2.3
Overall Ratings Rated 3.6 stars Rated 4.5 stars
Broker Rating Bonanza is rated 3.6 of 5 based on 7 customer reviews Finvasia is rated 4.5 of 5 based on 20 customer reviews
Expand

Contact Broker / Request A Call Back

  Bonanza Enquire Finvasia 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 Finvasia Investment Options

  Bonanza Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD No No
Debt No No
Other Investment Options Insurance
Expand

Bonanza Vs Finvasia Order Type Offered

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

Bonanza Vs Finvasia Research Report

  Bonanza Finvasia
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
Expand

Bonanza Vs Finvasia Suitable For Investor Type

  Bonanza Finvasia
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
Expand

Bonanza Vs Finvasia - Pros and Cons

  Bonanza Finvasia
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
  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.
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.
  • Scalpter, the web-based trading platform has only 1 min charting frame.
  • Bracket orders are chargeable.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.
  • Finvasia is an online stock broker. It doesn't have branch offices.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding.
  • Leverage offered is on the lower side in comparison with other discount brokers.
Reviews
Promo / Offers

AMC are waived off for the 1st year

Enquire BonanzaEnquire Finvasia

Compare More Brokers...

Bonanza Finvasia
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App