Bonanza Vs Indira Securities (Compare Bonanza and 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... Know more about Bonanza Portfolio Ltd


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 ... Know more about Indira Securities Pvt Ltd

Expand

Bonanza Vs Indira Securities

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
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE, MCX and NCDEX
Year of Incorporation 1994 1987
Number of Branches 1784 335
Open an Online Trading Account with Bonanza.Open an Online Trading Account with Indira Securities.
Enquire BonanzaEnquire Indira Securities
Expand

Bonanza Vs Indira Securities Charges & AMC

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
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)
Expand

Bonanza Vs Indira Securities Brokerage Charges & Plans

Bonanza Vs Indira Securities Brokerage

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
Account Type Flat Brokerage Plan Traditional Plan
Fixed Charges NA
Equity Delivery Rs 18 per executed order 0.10%
Equity Intraday Rs 18 per executed order 0.01%
Equity Futures Rs 18 per executed order 0.01%
Equity Options Rs 18 per executed order Rs 25 per lot (both side)
Currency Futures Rs 18 per executed order 0.01%
Currency Options Rs 18 per executed order Rs 25 per lot (both side)
Commodity Futures Rs 18 per executed order 0.01%
Commodity Options 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 Vs Indira Securities Brokerage Plan 2

  Bonanza Indira Securities
Account Type Flat Brokerage Plan Discount Brokerage Plan
Fixed Charges NA
Equity Delivery Rs 18 per executed order Rs 20 per executed order
Equity Intraday Rs 18 per executed order Rs 20 per executed order
Equity Futures Rs 18 per executed order Rs 20 per executed order
Equity Options Rs 18 per executed order Rs 20 per executed order
Currency Futures Rs 18 per executed order Rs 20 per executed order
Currency Options Rs 18 per executed order Rs 20 per executed order
Commodity Futures Rs 18 per executed order Rs 20 per executed order
Commodity Options Rs 18 per executed order Rs 20 per executed order
Enquire BonanzaEnquire Indira Securities

Bonanza Charges Vs Indira Securities

Minimum Brokerage Intraday - .0001% and Delivery - .005% Rs 20 per executed order
Other Charges
Call & Trade Charges Rs 25 per trade Rs 0 (Free)
Expand

Bonanza Vs Indira Securities 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 Indira Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium).

  Bonanza Indira Securities
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 BonanzaEnquire Indira Securities
Expand

Bonanza Vs Indira Securities Leverage (Margin)

Bonanza margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Indira Securities margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Bonanza Indira Securities
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Enquire BonanzaEnquire Indira Securities
Expand

Compare Bonanza and Indira Securities Features

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
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
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 ODIN
Intraday Square-off Time 3:15 3:15 PM
Other Features
Referral Program Yes
Enquire BonanzaEnquire Indira Securities
Expand

Bonanza Vs Indira Securities Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas Indira Securities is rated 4.0 of 5 based on 3 customer reviews.

  Bonanza Indira Securities
  7 Customer Reviews    Rate Bonanza 3 Customer Reviews    Rate Indira Securities
Fees 3.4 2.3
Brokerage 3.3 4.3
Trading Platform 3.1 4.0
Customer Service 3.7 4.0
Research Capabilities 5.0 4.3
Overall Ratings Rated 3.6 stars Rated 4.0 stars
Broker Rating Bonanza is rated 3.6 of 5 based on 7 customer reviews Indira Securities is rated 4.0 of 5 based on 3 customer reviews
Expand

Contact Broker / Request A Call Back

  Bonanza Enquire Indira Securities Enquire
Contact Broker Leave your contact information and we will get in touch with you....
FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.
Expand

Bonanza Vs Indira Securities Investment Options

  Bonanza Indira Securities
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
Expand

Bonanza Vs Indira Securities Order Type Offered

  Bonanza Indira Securities
Bracket Order No Yes
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 BonanzaEnquire Indira Securities
Expand

Bonanza Vs Indira Securities Research Report

  Bonanza Indira Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

Bonanza Vs Indira Securities Suitable For Investor Type

  Bonanza Indira Securities
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
Expand

Bonanza Vs Indira Securities - Pros and Cons

  Bonanza Indira Securities
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
  • Full-service broker offering discount brokerage plan.
  • Relationship manager even for online customers.
  • Offers ODIN as trading platform.
  • Investment in mutual fund for free.
  • Pan India presence with hundreds of branches, and business partners.
  • No charges for Call & Trade and Auto Square-off.
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. Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan.
  2. Advance order types i.e. CO, and BO are not available in the mobile app.
  3. Doesn't offer NRI trading account.
Reviews
Promo / Offers

AMC are waived off for the 1st year

Free Equity Delivery Trading

Get 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 BonanzaEnquire Indira Securities

Compare More Brokers...

Bonanza Indira Securities
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App