Chittorgarh.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API Access
Loading...

Bonanza Vs SAMCO (Compare Bonanza and SAMCO)

Bonanza Portfolio Ltd Logo

About 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 Securities Limited Logo

About SAMCO
SAMCO Securities is a Mumbai-based online discount broking firm offering to trade and invest online in stocks, Equity Derivatives, Currency Derivatives, Commodity, Mutual Funds, and IPO. Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The customers who move from traditional brok... Know more about SAMCO Securities Limited

Expand

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
Exchnage Membership BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE, MCX, NCDEX
Year of Incorporation 1994
Number of Branches 1784
Enquire BonanzaOpen SAMCO Account

Expand

Bonanza Vs SAMCO Charges & AMC

Bonanza trading account opening charges is Rs 999 while SAMCO account opening changes is Rs 0 (Free). Bonanza Demat Account AMC Charges is Nil and SAMCO Demat Account AMC Charges is Rs 400.

  Bonanza SAMCO
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 400

Expand

Bonanza Vs SAMCO Brokerage

Bonanza brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas SAMCO brokerage charges for equity is Rs 20 per trade or 0.20% (whichever is lower) and intraday is Rs 20 per trade or 0.02% (whichever is lower).

Account Type Bonanza Flat Brokerage Plan SAMCO Standard
Fixed Charges NA
Equity Delivery Rs 18 per executed order Rs 20 per trade or 0.20% (whichever is lower)
Equity Intraday Rs 18 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Equity Futures Rs 18 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Equity Options Rs 18 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Currency Futures Rs 18 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Currency Options Rs 18 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Commodity Futures Rs 18 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Commodity Options Rs 18 per executed order Rs 20 per trade or 0.02% (whichever is lower)
Special Offer
Special Offer: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

Bonanza Charges Vs SAMCO

Minimum Brokerage Intraday - .0001% and Delivery - .005% 0.2% per executed order for Equity Delivery and 0.02% per executed order for all other segments
Other Charges
Call & Trade Charges Rs 25 per trade Rs 20 per executed order

Expand

Bonanza Vs SAMCO 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 SAMCO exchange transaction charges for options is NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade.

  Bonanza SAMCO
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 345 per crore (0.00345%) | BSE Rs 345 per crore (0.00345%)
Equity Futures NSE Rs 215 per Cr (0.00215%) | BSE Rs 75 per Cr (0.00075%) (each side) NSE Rs 200 per crore (0.0020%) | BSE Rs 1 per trade
Equity Options NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) NSE Rs 5,300 per crore (0.053%) on Premium | BSE Rs 1 per trade
Currency Futures NSE Rs 135 per Cr (0.00135%) | BSE Rs 29 per Cr (0.00029%) NSE - Rs 110 per crore (0.0011%)
Currency Options NSE Rs 4750 per Cr (0.0475%) | BSE Rs 754 per Cr (0.00754%) (on premium) NSE Rs 4,000 per crore (0.040%) on Premium Value
Commodity MCX - Non Agri Rs 235 per Cr (0.00235%) | MCX - Agri Rs 100 per Cr (0.001%) Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Enquire BonanzaOpen SAMCO Account

Expand

Bonanza Vs SAMCO Leverage (Margin)

Bonanza margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SAMCO margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Bonanza SAMCO
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Enquire BonanzaOpen SAMCO Account

Expand

Compare Bonanza and SAMCO Features

The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. SAMCO offers StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Bonanza SAMCO
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 StockNote, Nest Trader, StockNote Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time 3:15 3:15 PM
Other Features Margin Products - CashPlus, StockPlus, and BTPT
Referral Program Yes
Enquire BonanzaOpen SAMCO Account

Expand

Bonanza Vs SAMCO Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas SAMCO is rated 3.1 of 5 based on 22 customer reviews.

  Bonanza SAMCO
  7 Customer Reviews    Rate Bonanza 22 Customer Reviews    Rate SAMCO
Fees 3.4 3.4
Brokerage 3.3 3.8
Trading Platform 3.1 2.6
Customer Service 3.7 3.0
Research Capabilities 5.0 2.3
Overall Ratings Rated 3.6 stars Rated 3.1 stars
Broker Rating Bonanza is rated 3.6 of 5 based on 7 customer reviews SAMCO is rated 3.1 of 5 based on 22 customer reviews

Expand

Contact Broker / Request A Call Back

  Bonanza Enquire SAMCO Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

Expand

Bonanza Vs SAMCO Investment Options

  Bonanza SAMCO
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No
Debt No No
Other Investment Options Insurance

Expand

Bonanza Vs SAMCO Order Type Offered

  Bonanza SAMCO
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
Enquire BonanzaOpen SAMCO Account

Expand

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

Expand

Bonanza Vs SAMCO Suitable For Investor Type

  Bonanza SAMCO
Casual Investor
Active Investor Yes
Trader Yes Yes

Expand

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 Rs 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 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.
  • 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

Free Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year

  • Free Account Opening
  • 100% free brokerage for 1st month
  • Free Demat AMC for 1st Year
  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Enquire BonanzaOpen SAMCO Account

Comments

Add a public comment...

Compare Bonanza Compare SAMCO
Compare More Brokers: