Bonanza Vs SAMCO (Compare Bonanza and SAMCO)

The side-by-side comparison of Bonanza and SAMCO. Compare Bonanza Vs SAMCO brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Bonanza vs SAMCO?


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


SAMCO
SAMCO is India based online discount broker. It offers stock and commodity trading at NSE, BSE, and MCX. SAMCO's NBFC arm provide the margin funding, loan against shares and other financial products. It also offers depository services (demat account) through CDSL. Incorporated in 2015, SAMCO is among the lowest-cost broker in India. SAMCO is popular for its ultra-low brokerage, margin products, higher exposure and free trading software. Customer who moves from traditional brokers like ICICI Dir... Know more about SAMCO Securities Limited

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Bonanza Vs SAMCO

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 , SAMCO is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.

  Bonanza SAMCO
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE, MCX, NCDEX
Account Type Flat Brokerage Plan Standard
Year of Incorporation 1994
Number of Branches 1784
Broker Enquiry Open an Online Trading Account with Bonanza. Leave your contact info and we will get in touch with you. Open an Online Trading Account with SAMCO. Leave your contact info and we will get in touch with you.
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Bonanza Vs SAMCO Charges & AMC

Bonanza trading account opening charges is ₹999 while SAMCO account opening changes is ₹0. Bonanza Demat Account AMC Charges is Nil and SAMCO Demat Account AMC Charges is ₹400.

  Bonanza SAMCO
Trading Account Opening Charges ₹999 ₹0
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0
Demat Account AMC Charges Nil ₹400
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Bonanza Vs SAMCO Brokerage Charges & Plans

Bonanza Vs SAMCO Brokerage

Bonanza brokerage charges for equity is ₹18 per executed order and intraday is ₹18 per executed order whereas SAMCO brokerage charges for equity is ₹20 per executed order and intraday is ₹20 per executed order.

  Bonanza SAMCO
Account Type Flat Brokerage Plan Standard
Fixed Charges
Equity Delivery Brokerage ₹18 per executed order ₹20 per executed order
Equity Intraday Brokerage ₹18 per executed order ₹20 per executed order
Equity Futures Brokerage ₹18 per executed order ₹20 per executed order
Equity Options Brokerage ₹18 per executed order ₹20 per executed order
Currency Futures Trading Brokerage ₹18 per executed order ₹20 per executed order
Currency Options Trading Brokerage ₹18 per executed order ₹20 per executed order
Commodity Futures Trading Brokerage ₹18 per executed order
Commodity Options Trading Brokerage ₹18 per executed order
Special Offer
Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

Bonanza Charges Vs SAMCO

Minimum Brokerage Charges Intraday - .0001% and Delivery - .005% ₹0
Other Brokerage Charges
Call & Trade Charges ₹25 per trade ₹20 per executed order
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Bonanza Vs SAMCO Transaction Charges

Bonanza transaction charges for options is NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium) while SAMCO exchange transaction charges for options is NSE ₹5000 per crore | BSE ₹1 per trade (each side).

  Bonanza SAMCO
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per crore | BSE ₹1 per trade (each side)
Equity Futures NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side) NSE ₹190 per crore | BSE ₹1 per trade (each side)
Equity Options NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium) NSE ₹5000 per crore | BSE ₹1 per trade (each side)
Currency Futures NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%) NSE ₹110 per crore (0.0011%)
Currency Options NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium) NSE ₹4000 (on premium) per crore (0.040%)
Commodity MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%) Non-Agri ₹260 (0.0026%) | Agri ₹175 per Crore
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Bonanza Vs SAMCO Leverage (Margin)

Bonanza provides the margin of Upto 10x for intraday trades whereas the SAMCO margin for intraday cash is Normal Orders: 3x to 15x | CO & BO: Up to 33x.

  Bonanza SAMCO
Equity Delivery Upto 10x + Interest Up to 4x
Equity Intraday Upto 10x Normal Orders: 3x to 15x | CO & BO: Up to 33x
Equity Futures Upto 3x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options Upto 2x for shorting Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures Upto 2x Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options Upto 2x for shorting Intraday - 50%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures Upto 3x Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Commodity Options
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Compare Bonanza and SAMCO Features

The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. SAMCO offers OMNESYS NEST, StockNote trading software.

  Bonanza SAMCO
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Omnesys NEST Trader, My E Trade, My E Trade Mobile App OMNESYS NEST, StockNote
Intraday Square-off Time 3:15 3:15 PM
Other Features Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
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Bonanza Vs SAMCO Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas SAMCO is rated 3.5 of 5 based on 15 customer reviews.

  Bonanza SAMCO
  7 Customer Reviews    Rate Bonanza 15 Customer Reviews    Rate SAMCO
Fees 3.4 3.6
Trading Brokerage 3.3 4.0
Trading Platform Usability 3.1 2.8
Customer Service 3.7 3.5
Research Capabilities 5.0 3.3
Overall Ratings Rated 3.6 stars Rated 3.5 stars
Broker Rating Bonanza is rated 3.6 of 5 based on 7 customer reviews SAMCO is rated 3.5 of 5 based on 15 customer reviews
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Contact Broker / Request A Call Back

  Bonanza Enquire SAMCO Enquire
Contact Broker

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Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Get the offer

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Bonanza Vs SAMCO Investment Options

  Bonanza SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD No
Debt No No
Other Investment Options Insurance
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Bonanza Vs SAMCO Order Type Offered

  Bonanza SAMCO
Bracket Order No
Cover Order No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
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Bonanza Vs SAMCO Research Report

  Bonanza SAMCO
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Bonanza Vs SAMCO Suitable For Investor Type

  Bonanza SAMCO
Casual Investor
Active Investor Yes
Trader Yes Yes
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Bonanza Vs SAMCO - Pros and Cons

  Bonanza SAMCO
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
  • A technology-driven stockbroker with significantly fewer overheads.
  • Flat ₹20 per trade low-cost trading across segments.
  • Instant paperless online account opening process.
  • Margin products available for delivery margin and margin against shares.
  • StockNote, a mobile trading app with personalized news, managed alerts, advanced charts, and watch list with any number of shares.
  • Guest user for mobile app StockNote which allows you to check the app even before you becomes a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free 'NEST Trader' install-able trading terminal for frequent traders.
Cons
  1. Call & trade is charged extra at the rate of ₹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.
  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).
Reviews
Promo / Offers

AMC are waived off for the 1st year

SAMCO has 2 limited time special offers running at this time.

  1. Trading & Demat Account Opening Fee Waived

    Open trading and demat account at absolutely no cost. The account opening fee is waived for limited period of time.

  2. 100% Brokerage Cash Back for 1st Month

    Open an account with SAMCO, download mobile trading app StockNote and get 100% cashback on brokerage paid for trades done through mobile app in 1st month. This cashback offer works only for trade executed using mobile app.

Get the Special Offer

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