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Bonanza Vs Indira Securities (Compare Bonanza and Indira Securities)

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 ...

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
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
	Enquire Bonanza	Enquire Indira Securities

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)

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 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 Vs Indira Securities Brokerage Plan 2

	Bonanza	Indira Securities
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

Bonanza Charges Vs 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 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 Bonanza	Enquire Indira Securities

Bonanza Vs Indira Securities Leverage (Margin)

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
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

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
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	ODIN
Intraday Square-off Time	3:15	3:15 PM
Other Features
Referral Program
	Enquire Bonanza	Enquire Indira Securities

Bonanza Vs Indira Securities Review

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
	7 Customer Reviews	2 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Bonanza is rated 3.6 of 5 based on 7 customer reviews	Indira Securities is rated 4.5 of 5 based on 2 customer reviews

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.... Name Phone # Email City Name State Are you a day trader?	FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Name Phone # Email City Name State Are you a day trader?

Bonanza Vs Indira Securities Investment Options

	Bonanza	Indira Securities
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

Bonanza Vs Indira Securities Order Type Offered

	Bonanza	Indira Securities
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Bonanza	Enquire Indira Securities

Bonanza Vs Indira Securities Research Report

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

Bonanza Vs Indira Securities Suitable For Investor Type

	Bonanza	Indira Securities
Casual Investor
Active Investor
Trader

Bonanza Vs Indira Securities - Pros and Cons

	Bonanza	Indira Securities
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	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	Call & trade is charged extra at the rate of Rs 25 per trade. Bonanza doesn't offer any Referral program. Customer reported hidden charges and fees which was not explained at the time of account opening.	Flat-rate brokerage plans (Rs 20 per trade) is not available in MP and Rajasthan. Advance order types i.e. CO, and BO are not available in the mobile app. 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 Bonanza	Enquire Indira Securities

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Bonanza	Indira Securities
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