The side-by-side comparison of Bonanza and IIFL Securities. Compare Bonanza Vs IIFL Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Bonanza vs IIFL Securities?
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...
IIFL Securities
Incorporated in 1995, IIFL Securities, part of IIFL Group, is one of the largest independent full service stock brokering house serving retail and institutional clients. IIFL Group is a leading financial service provider in India offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service and the use of cutting-edge technology.
IIFL Securities offers online trading and research-based advisory services for an entire range of financial pr...
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 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.
Bonanza | IIFL Securities | |
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Type of Broker | Full Service Broker | Full Service Broker |
Supported Exchnages | BSE, NSE, MCX, NCDEX, NFO, CDS | NSE, BSE, MCX |
Account Type | Flat Brokerage Plan | Investor Plan (Online Plus) |
Year of Incorporation | 1994 | 1996 |
Number of Branches | 1784 | 900 |
Broker Enquiry |
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Enquire Bonanza | Enquire IIFL Securities |
Bonanza trading account opening charges is Rs 999 while IIFL Securities account opening changes is Rs 250 (Currently waived off). Bonanza Demat Account AMC Charges is Nil and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for first year).
Bonanza | IIFL Securities | |
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Trading Account Opening Charges | Rs 999 | Rs 250 (Currently waived off) |
Trading Account AMC Charges | Nil | Rs 0 |
Demat Account Opening Charges | Nil | Rs 0 |
Demat Account AMC Charges | Nil | Rs 250 (Free for first year) |
Bonanza brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas IIFL Securities brokerage charges for equity is 0.25% and intraday is 0.025%.
Bonanza | IIFL Securities | |
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Account Type | Flat Brokerage Plan | Investor Plan (Online Plus) |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 18 per executed order | 0.25% |
Equity Intraday Brokerage | Rs 18 per executed order | 0.025% |
Equity Futures Brokerage | Rs 18 per executed order | 0.025% |
Equity Options Brokerage | Rs 18 per executed order | Rs 25 per lot |
Currency Futures Trading Brokerage | Rs 18 per executed order | 0.025% or Rs 20 per lot |
Currency Options Trading Brokerage | Rs 18 per executed order | Rs 8 per lot |
Commodity Futures Trading Brokerage | Rs 18 per executed order | 0.025% |
Commodity Options Trading Brokerage | Rs 18 per executed order | Gold Rs 125 | Silver Rs 80 | Crude Oil Rs 80 |
Special Offer | Special Offer: Open a FREE Demat & Trading Account (Save upto Rs 1150). Get the exclusive offer |
Bonanza | IIFL Securities | |
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Account Type | Flat Brokerage Plan | Premium Plan (Dedicated RM) |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 18 per executed order | 0.50% |
Equity Intraday Brokerage | Rs 18 per executed order | 0.05% |
Equity Futures Brokerage | Rs 18 per executed order | 0.05% |
Equity Options Brokerage | Rs 18 per executed order | Rs 50 per lot |
Currency Futures Trading Brokerage | Rs 18 per executed order | 0.05% or Rs 20 per lot |
Currency Options Trading Brokerage | Rs 18 per executed order | Rs 10 per lot |
Commodity Futures Trading Brokerage | Rs 18 per executed order | 0.05% |
Commodity Options Trading Brokerage | Rs 18 per executed order | Gold Rs 150 | Silver Rs 100 | Crude Oil Rs 100 |
Enquire Bonanza | Enquire IIFL Securities |
Bonanza | IIFL Securities | |
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Account Type | Flat Brokerage Plan | Super Trader Plan (Pro Traders) |
Fixed Charges | Rs 999 | |
Equity Delivery Brokerage | Rs 18 per executed order | 0.10% |
Equity Intraday Brokerage | Rs 18 per executed order | 0.01% |
Equity Futures Brokerage | Rs 18 per executed order | 0.01% |
Equity Options Brokerage | Rs 18 per executed order | flat Rs 10 per lot |
Currency Futures Trading Brokerage | Rs 18 per executed order | 0.015% or Rs 15 per lot |
Currency Options Trading Brokerage | Rs 18 per executed order | flat Rs 5 per lot |
Commodity Futures Trading Brokerage | Rs 18 per executed order | 0.015% |
Commodity Options Trading Brokerage | Rs 18 per executed order | Gold Rs 80 | Silver Rs 50 | Crude Oil Rs 50 |
Enquire Bonanza | Enquire IIFL Securities |
Minimum Brokerage Charges | Intraday - .0001% and Delivery - .005% | Rs 0.05 per share (Rs 25 Min) |
Other Brokerage Charges | Advisory SMS - Rs 50 per month | |
Call & Trade Charges | Rs 25 per trade | Rs 50 per call |
Bonanza transaction charges for options is NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) while IIFL Securities exchange transaction charges for options is Rs 5100 per Cr (0.051%) (on premium).
Bonanza | IIFL Securities | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | Rs 325 per Cr (0.00325%) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | Rs 325 per Cr (0.00325%) |
Equity Futures | NSE Rs 215 per Cr (0.00215%) | BSE Rs 75 per Cr (0.00075%) (each side) | Rs 210 per Cr (0.0021%) |
Equity Options | NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) | Rs 5100 per Cr (0.051%) (on premium) |
Currency Futures | NSE Rs 135 per Cr (0.00135%) | BSE Rs 29 per Cr (0.00029%) | Rs 210 per Cr (0.0021%) |
Currency Options | NSE Rs 4750 per Cr (0.0475%) | BSE Rs 754 per Cr (0.00754%) (on premium) | Rs 5100 per Cr (0.051%) (on premium) |
Commodity | MCX - Non Agri Rs 235 per Cr (0.00235%) | MCX - Agri Rs 100 per Cr (0.001%) | Group A - Rs 280 per Cr (0.0028%) |
Enquire Bonanza | Enquire IIFL Securities |
Bonanza provides the margin of Upto 10x for intraday trades whereas the IIFL Securities margin for intraday cash is Upto 20x.
Bonanza | IIFL Securities | |
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Equity Delivery | Upto 10x + Interest | Upto 3x (18% Annual Interest) |
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 | Upto 3x | |
Enquire Bonanza | Enquire IIFL Securities |
The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.
Bonanza | IIFL Securities | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | Omnesys NEST Trader, My E Trade, My E Trade Mobile App | IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App |
Intraday Square-off Time | 3:15 | |
Other Features | ||
Referral Program | ||
Enquire Bonanza | Enquire IIFL Securities |
Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 112 customer reviews.
Bonanza | IIFL Securities | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Bonanza | Enquire IIFL Securities |
Bonanza | IIFL Securities | |
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Cons |
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Reviews | ||
Promo / Offers | AMC are waived off for the 1st year |
Open IIFL Demat & Trading Account & Save upto Rs 1150 ( A/c Opening Charge & 1st year AMC waived off). Get the limited time offer |
Enquire Bonanza | Enquire IIFL Securities |
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