Bonanza Vs India Infoline (IIFL) (Compare Bonanza and India Infoline (IIFL))
The side-by-side comparison of Bonanza and India Infoline (IIFL). Compare Bonanza Vs India Infoline (IIFL) brokerage, charges, exposure margin, demat account. Read India Infoline (IIFL) and Bonanza review.
Find out Bonanza Vs India Infoline (IIFL) which is better and Bonanza Vs India Infoline (IIFL) which is best.
Our Bonanza Portfolio Ltd comparison with India Infoline Limited highlights the major differences between two brokers. Find the best between Bonanza and India Infoline (IIFL).
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 1995, India Infoline (IIFL) is the brokerage firm of India Infoline Group, a fastest growing financial services solution provider in India. India Infoline is listed on BSE (532636) and NSE (INDIAINFO) for securities trading.
IIFL off...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX, NCDEX, NFO, CDS
NSE, BSE, MCX
Account Type
Default Plan
Standard Account
Broker Enquiry
Year of Incorporation
1994
1996
Number of Branches
1784
900
Bonanza Vs India Infoline (IIFL) Charges
Bonanza Portfolio Ltd
India Infoline Limited
Trading Account Opening Fees
Nil
₹750
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹555
Demat Account AMC
Rs 250
₹ 555 (One time)
Demat Account is Mandatory?
No
No
Bonanza Vs India Infoline (IIFL) Brokerage
Brokerage Plan 1
Bonanza Portfolio Ltd
India Infoline Limited
Account Type
Default Plan
Standard Account
Fixed Charges
Equity Delivery Brokerage
0.10%
0.50%
Equity Intraday Brokerage
0.005%
0.05%
Equity Futures Brokerage
0.005%
0.05%
Equity Options Brokerage
Rs 15 per Lot
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
0.0025%
Rs 25 per lot
Currency Options Trading Brokerage
Rs 5 per lot
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
0.004%
0.05%
Commodity Options Trading Brokerage
Brokerage Plan 2
Bonanza Portfolio Ltd
India Infoline Limited
Account Type
Plan 1000
Standard Account
Fixed Charges
Equity Delivery Brokerage
0.1%
0.50%
Equity Intraday Brokerage
0.005%
0.05%
Equity Futures Brokerage
0.005%
0.05%
Equity Options Brokerage
15 per lot
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
.0025%
Rs 25 per lot
Currency Options Trading Brokerage
5 per lot
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
0.004%
0.05%
Commodity Options Trading Brokerage
Brokerage Plan 3
Bonanza Portfolio Ltd
India Infoline Limited
Account Type
Plan 7500
Standard Account
Fixed Charges
Equity Delivery Brokerage
0.025%
0.50%
Equity Intraday Brokerage
0.00312%
0.05%
Equity Futures Brokerage
0.00312%
0.05%
Equity Options Brokerage
10 per lot
1% of Premium or ₹100 per lot whichever is high
Currency Futures Trading Brokerage
0.0015%
Rs 25 per lot
Currency Options Trading Brokerage
4 per lot
1% of Premium or ₹100 per lot whichever is high
Commodity Futures Trading Brokerage
0.00208%
0.05%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Intraday - .0001% and Delivery - .005%
Rs 0.05 per share
Other Brokerage Charges
Advisory SMS - Rs 50 per month
Call & Trade Charges
Rs 25 per trade
Rs 50 per call
Bonanza Vs India Infoline (IIFL) Taxes
Bonanza Portfolio Ltd
India Infoline Limited
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)
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
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Bonanza Vs India Infoline (IIFL) Transaction Charges
Bonanza Portfolio Ltd
India Infoline Limited
Equity Delivery
NSE ₹325 | BSE ₹275
0.00325%
Equity Intraday
NSE ₹325 | BSE ₹275
0.00325%
Equity Futures
NSE ₹215 | BSE ₹75
0.0021%
Equity Options
NSE ₹5750 | BSE ₹3250
0.051% on premium
Currency Futures
NSE ₹135 | BSE ₹29
0.0021%
Currency Options
NSE ₹4750 | BSE ₹754
0.051% on premium
Commodity
MCX - Non Agri ₹235 | MCX - Agri ₹100
0.0028%
Bonanza Vs India Infoline (IIFL) Exposure Margin
Bonanza Portfolio Ltd
India Infoline Limited
Equity Delivery
Upto 10x + Interest
Upto 3x with 18% interest per year
Equity Intraday
Upto 10x
Upto 20x
Equity Futures
Upto 3x
Upto 3x
Equity Options
Upto 2x for shorting
3x for shorting
Currency Futures
Upto 2x
Upto 2x
Currency Options
Upto 2x for shorting
2x for shorting
Commodity Futures
Upto 3x
Upto 3x
Commodity Options
Bonanza and India Infoline (IIFL) Feature Comparison
Bonanza Portfolio Ltd
India Infoline Limited
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
TT Exe, TT Web, IIFL Markets
Intraday Square-off Time
3:15
Other Features
Market Mantra, Loyalty Points
Referral Program
Bonanza Vs India Infoline (IIFL) Review
Bonanza Portfolio Ltd
India Infoline Limited
5 Customer Reviews
105 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Bonanza is Rated 3.2 / 5 based on 5 customer reviews
India Infoline (IIFL) is Rated 2.7 / 5 based on 105 customer reviews
Contact Broker / Request A Call Back
Bonanza Portfolio Ltd
India Infoline Limited
Contact / Request Call Back
Bonanza Vs India Infoline (IIFL) Investment Options
Bonanza Portfolio Ltd
India Infoline Limited
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Bonanza Vs India Infoline (IIFL) Customer Service
Bonanza Portfolio Ltd
India Infoline Limited
24/7 Customer Service
Onine Live Chat
Through Branches
Bonanza Vs India Infoline (IIFL) Order Type Offered
Bonanza Portfolio Ltd
India Infoline Limited
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Bonanza Vs India Infoline (IIFL) Research Report
Bonanza Portfolio Ltd
India Infoline Limited
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Bonanza Vs India Infoline (IIFL) Suitable For Investor Type
Bonanza Portfolio Ltd
India Infoline Limited
Casual Investor
Active Investor
Trader
Bonanza Vs India Infoline (IIFL) - Advantages and Disadvantages
Bonanza Portfolio Ltd
India Infoline Limited
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
Zerodha
Zero Account Opening Fee