Free Trading + Demat Account

Bonanza Vs RMoney (Compare Bonanza and RMoney)

The side-by-side comparison of Bonanza and RMoney. Compare Bonanza Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Bonanza review.

Find out Bonanza Vs RMoney which is better and Bonanza Vs RMoney which is best.

Our Bonanza Portfolio Ltd comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Bonanza and RMoney.

Expand

Bonanza Vs RMoney

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
 
Bonanza Portfolio Ltd Logo Raghunandan Capital Pvt Ltd Logo
About the Broker 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... Know more about Bonanza Portfolio Ltd Incorporated in 2004, Raghunandan Money (RMoney) is Agra based financial service provider. The company offers a range of financial products. This including Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds... Know more about Raghunandan Capital Pvt Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE, MCX, NCDEX
Account Type Default Plan Zero Brokerage Plans
Broker Enquiry Open an Online Trading Account with Bonanza. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994
Number of Branches 1784
Expand

Bonanza Vs RMoney Charges

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
Trading Account Opening Fees Nil ₹0 (Free)
Trading Account AMC Nil ₹0 (Free)
Demat Account Opening Fees Nil ₹0 (Free)
Demat Account AMC Rs 250 ₹0 for lifetime (Free)
Demat Account is Mandatory? No No
Expand

Bonanza Vs RMoney Brokerage

Brokerage Plan 1

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
Account Type Default Plan Zero Brokerage Plans
Fixed Charges
Equity Delivery Brokerage 0.10% ₹0 (Free)
Equity Intraday Brokerage 0.005% ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.005% ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage Rs 15 per Lot ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.0025% ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage Rs 5 per lot ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage 0.004% ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Brokerage Plan 2

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
Account Type Plan 1000 Happy Service Plan
Fixed Charges NA
Equity Delivery Brokerage 0.1% 0.10% to 0.40%
Equity Intraday Brokerage 0.005% 0.01% to 0.04%
Equity Futures Brokerage 0.005% 0.005% to 0.02%
Equity Options Brokerage 15 per lot ₹20 to ₹80 per lot
Currency Futures Trading Brokerage .0025% 0.005% to 0.02%
Currency Options Trading Brokerage 5 per lot 0.005% to 0.02%
Commodity Futures Trading Brokerage 0.004% 0.005% to 0.02%
Commodity Options Trading Brokerage

Brokerage Plan 3

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
Account Type Plan 7500 Zero Brokerage Plans
Fixed Charges NA
Equity Delivery Brokerage 0.025% ₹0 (Free)
Equity Intraday Brokerage 0.00312% ₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage 0.00312% ₹18 per executed order or .01% whichever is lower
Equity Options Brokerage 10 per lot ₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage 0.0015% ₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage 4 per lot ₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage 0.00208% ₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges Intraday - .0001% and Delivery - .005% ₹0
Other Brokerage Charges Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges Rs 25 per trade ₹0 (Unlimited Calls)
Expand

Bonanza Vs RMoney Taxes

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
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.
Expand

Bonanza Vs RMoney Transaction Charges

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
Equity Delivery NSE ₹325 | BSE ₹275 NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday NSE ₹325 | BSE ₹275 NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures NSE ₹215 | BSE ₹75 NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options NSE ₹5750 | BSE ₹3250 NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures NSE ₹135 | BSE ₹29 NSE, BSE - ₹150 per crore (0.0015%)
Currency Options NSE ₹4750 | BSE ₹754 NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity MCX - Non Agri ₹235 | MCX - Agri ₹100 MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
Expand

Bonanza Vs RMoney Exposure Margin

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
Equity Delivery Upto 10x + Interest Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday Upto 10x 20x (5%) (Intraday Only)
Equity Futures Upto 3x Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options Upto 2x for shorting Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures Upto 2x Intraday - 100X (1%)
Currency Options Upto 2x for shorting Intraday - 100X (1%)
Commodity Futures Upto 3x Intraday - 77X (1.3%)
Commodity Options
Expand

Bonanza and RMoney Feature Comparison

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
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 RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time 3:15 Equity 3:15 PM
Other Features
Referral Program
Expand

Bonanza Vs RMoney Review

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
  5 Customer Reviews    Rate Bonanza 3 Customer Reviews    Rate RMoney
Fees Ratings 2.8 4.7
Trading Brokerage Rating 3.0 4.7
Trading Platform Usability 3.2 4.3
Customer Service Ratings 3.4 4.0
Overall Ratings Rated 3.2 stars Rated 4.0 stars
Broker Rating Bonanza is Rated 3.2 / 5 based on 5 customer reviews RMoney is Rated 4.0 / 5 based on 3 customer reviews
Expand

Contact Broker / Request A Call Back

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
Contact / Request Call Back
Expand

Bonanza Vs RMoney Investment Options

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options Insurance Corporate FD, Life Instance, General Insurance
Expand

Bonanza Vs RMoney Customer Service

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches Yes Yes
Expand

Bonanza Vs RMoney Order Type Offered

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Expand

Bonanza Vs RMoney Research Report

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

Bonanza Vs RMoney Suitable For Investor Type

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
Casual Investor Yes
Active Investor Yes Yes
Trader Yes Yes
Expand

Bonanza Vs RMoney - Advantages and Disadvantages

  Bonanza Portfolio Ltd Raghunandan Capital Pvt Ltd
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

More Advantages...

  1. Offer both discount brokerage as well as full-service brokerage plans.
  2. Equity Delivery trades are brokerage free. Truly no brokerage fee for trading in Equity Cash & Carry segment
  3. ODIN trading platform is available free of cost to all customers.
  4. Unlimited free Call & Trades.
  5. Local branches in major cities across North India.
  6. Free tips, research and news alerts.
  7. Online paperless instant account opening.

More Advantages...

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.

More Disadvantages...

  1. Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month.
  2. RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app.
  3. Margin funding is not available.
  4. GTC/GTD not available in Equity.
  5. NRI Account is not available.

More Disadvantages...

Reviews Useful Articles:
Promo / Offers

AMC are waived off for the 1st year

Lifetime FREE AMC Demat Account + Free Call & Trade

Get free lifetime free AMC demat account and pay flat ₹18 brokerage. In addition, get free account opening and free call & trade. To open an account, simply leave your contact information and RMoney representatives will call you.

Enquire about Bonanza
Compare More Brokers
Bonanza Vs Zerodha
Bonanza Vs ICICIDirect
Bonanza Vs HDFC Securities
Bonanza Vs Sharekhan
Bonanza Vs AxisDirect
Bonanza Vs Angel Broking
Bonanza Vs Kotak Securities
Bonanza Vs Motilal Oswal
Bonanza Vs Karvy
Bonanza Vs India Infoline (IIFL)
Bonanza Vs SBI Securities
Bonanza Vs Geojit
Bonanza Vs Religare
Bonanza Vs Edelweiss
Bonanza Vs Reliance Securities
Bonanza Vs SMC Global
Bonanza Vs Nirmal Bang
Bonanza Vs 5paisa
Bonanza Vs Ventura
Bonanza Vs Upstox
Bonanza Vs Anand Rathi
Bonanza Vs MyValueTrade
Bonanza Vs Indiabulls
Bonanza Vs Aditya Birla Money
Bonanza Vs SAMCO
Bonanza Vs TradingBells
Bonanza Vs IDBI Capital
Bonanza Vs TradeSmart
Bonanza Vs SAS Online
Bonanza Vs iTradeOnline
Bonanza Vs Tradeplus
Bonanza Vs Tradejini
Bonanza Vs Alice Blue
Bonanza Vs Wisdom Capital
Bonanza Vs Fyers
Bonanza Vs Finvasia
Bonanza Vs ProStocks
Bonanza Vs Beeline
Bonanza Vs Just Trade
Bonanza Vs Achiievers
Bonanza Vs Trustline
Bonanza Vs Yes Securities
Bonanza Vs RKSV
RMoney Vs Zerodha
RMoney Vs ICICIDirect
RMoney Vs HDFC Securities
RMoney Vs Sharekhan
RMoney Vs AxisDirect
RMoney Vs Angel Broking
RMoney Vs Kotak Securities
RMoney Vs Motilal Oswal
RMoney Vs Karvy
RMoney Vs India Infoline (IIFL)
RMoney Vs SBI Securities
RMoney Vs Geojit
RMoney Vs Religare
RMoney Vs Edelweiss
RMoney Vs Reliance Securities
RMoney Vs SMC Global
RMoney Vs Nirmal Bang
RMoney Vs 5paisa
RMoney Vs Ventura
RMoney Vs Upstox
RMoney Vs Anand Rathi
RMoney Vs MyValueTrade
RMoney Vs Indiabulls
RMoney Vs Aditya Birla Money
RMoney Vs SAMCO
RMoney Vs TradingBells
RMoney Vs IDBI Capital
RMoney Vs TradeSmart
RMoney Vs SAS Online
RMoney Vs iTradeOnline
RMoney Vs Tradeplus
RMoney Vs Tradejini
RMoney Vs Alice Blue
RMoney Vs Wisdom Capital
RMoney Vs Fyers
RMoney Vs Finvasia
RMoney Vs ProStocks
RMoney Vs Beeline
RMoney Vs Just Trade
RMoney Vs Achiievers
RMoney Vs Trustline
RMoney Vs Yes Securities
RMoney Vs RKSV



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App