The side-by-side comparison of Bonanza and Indira Securities. Compare Bonanza Vs Indira Securities brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Bonanza vs Indira 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...
Indira Securities
Established in 1987, Indira Securities is an Indore, MP based full-service stock broking and investment Services Company. The company is a member of the NSE, BSE, MCX and NCDEX exchanges. It is a depository participant (DP) with CDSL.
The company offers trading and investment in equities, commodities, currency, derivatives, IPOs, insurance and mutual funds etc. It also offers research and advisory to its customers.
Indira Securities offers both traditional and discount brokerage plans. In the ...
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 1987, Indira Securities is a Full Service Broker. It offers trading at BSE, NSE, MCX and NCDEX. It has 335 branches across India.
Bonanza | Indira Securities | |
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Type of Broker | Full Service Broker | Full Service Broker |
Supported Exchnages | BSE, NSE, MCX, NCDEX, NFO, CDS | BSE, NSE, MCX and NCDEX |
Account Type | Flat Brokerage Plan | Traditional Plan |
Year of Incorporation | 1994 | 1987 |
Number of Branches | 1784 | 335 |
Broker Enquiry |
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Enquire Bonanza | Enquire Indira Securities |
Bonanza trading account opening charges is Rs 999 while Indira Securities account opening changes is Rs 0 (Free). Bonanza Demat Account AMC Charges is Nil and Indira Securities Demat Account AMC Charges is Rs 450 (Free for 1st year).
Bonanza | Indira Securities | |
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Trading Account Opening Charges | Rs 999 | Rs 0 (Free) |
Trading Account AMC Charges | Nil | Rs 0 (Free) |
Demat Account Opening Charges | Nil | Rs 0 (Free) |
Demat Account AMC Charges | Nil | Rs 450 (Free for 1st year) |
Bonanza brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas Indira Securities brokerage charges for equity is 0.10% and intraday is 0.01%.
Bonanza | Indira Securities | |
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Account Type | Flat Brokerage Plan | Traditional Plan |
Fixed Charges | NA | |
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 | Rs 25 per lot (both side) |
Currency Futures Trading Brokerage | Rs 18 per executed order | 0.01% |
Currency Options Trading Brokerage | Rs 18 per executed order | Rs 25 per lot (both side) |
Commodity Futures Trading Brokerage | Rs 18 per executed order | 0.01% |
Commodity Options Trading Brokerage | Rs 18 per executed order | Rs 25 per lot (both side) |
Special Offer | Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
Bonanza | Indira Securities | |
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Account Type | Flat Brokerage Plan | Discount Brokerage Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | Rs 18 per executed order | Rs 20 per executed order |
Equity Intraday Brokerage | Rs 18 per executed order | Rs 20 per executed order |
Equity Futures Brokerage | Rs 18 per executed order | Rs 20 per executed order |
Equity Options Brokerage | Rs 18 per executed order | Rs 20 per executed order |
Currency Futures Trading Brokerage | Rs 18 per executed order | Rs 20 per executed order |
Currency Options Trading Brokerage | Rs 18 per executed order | Rs 20 per executed order |
Commodity Futures Trading Brokerage | Rs 18 per executed order | Rs 20 per executed order |
Commodity Options Trading Brokerage | Rs 18 per executed order | Rs 20 per executed order |
Enquire Bonanza | Enquire Indira Securities |
Minimum Brokerage Charges | Intraday - .0001% and Delivery - .005% | Rs 20 per executed order |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 25 per trade | Rs 0 (Free) |
Bonanza transaction charges for options is NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) while Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).
Bonanza | Indira Securities | |
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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%) |
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%) |
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%) |
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%) (on premium) |
Currency Futures | NSE Rs 135 per Cr (0.00135%) | BSE Rs 29 per Cr (0.00029%) | NSE Rs 120 per Cr (0.0012%) |
Currency Options | NSE Rs 4750 per Cr (0.0475%) | BSE Rs 754 per Cr (0.00754%) (on premium) | NSE Rs 500 per Cr (0.005%) (on premium) |
Commodity | MCX - Non Agri Rs 235 per Cr (0.00235%) | MCX - Agri Rs 100 per Cr (0.001%) | Non-Agri: Rs 260 per Cr (0.0026%) | Agri: Rs 600 per Cr (0.006%) |
Enquire Bonanza | Enquire Indira Securities |
Bonanza provides the margin of Upto 10x for intraday trades whereas the Indira Securities margin for intraday cash is Up to 10x (based on the stock).
Bonanza | Indira Securities | |
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Equity Delivery | Upto 10x + Interest | 1x (no margin) |
Equity Intraday | Upto 10x | Up to 10x (based on the stock) |
Equity Futures | Upto 3x | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) |
Equity Options | Upto 2x for shorting | 1x (no margin) |
Currency Futures | Upto 2x | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) |
Currency Options | Upto 2x for shorting | 1x (no margin) |
Commodity Futures | Upto 3x | Intraday: 3x, Carry forward: 100%(1x) of Total margin (Span+ Exposure) |
Commodity Options | 1x (no margin) | |
Enquire Bonanza | Enquire Indira Securities |
The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. Indira Securities offers ODIN trading software.
Bonanza | Indira 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 | ODIN |
Intraday Square-off Time | 3:15 | 3:15 PM |
Other Features | ||
Referral Program | ![]() |
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Enquire Bonanza | Enquire Indira Securities |
Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas Indira Securities is rated 4.5 of 5 based on 2 customer reviews.
Bonanza | Indira 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 Indira Securities |
Bonanza | Indira Securities | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | AMC are waived off for the 1st year |
Free Equity Delivery TradingGet FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. |
Enquire Bonanza | Enquire Indira Securities |
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