Bonanza Vs SAMCO (Compare Bonanza and SAMCO)
The side-by-side comparison of Bonanza and SAMCO. Compare Bonanza Vs SAMCO brokerage, charges, exposure margin, demat account. Read SAMCO and Bonanza review.
Find out Bonanza Vs SAMCO which is better and Bonanza Vs SAMCO which is best.
Our Bonanza Portfolio Ltd comparison with SAMCO Securities Limited highlights the major differences between two brokers. Find the best between Bonanza and SAMCO.
Bonanza Vs SAMCO
Bonanza
SAMCO
Find more info about broker
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...
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)...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX, NCDEX, NFO, CDS
BSE, NSE, MCX, NCDEX
Account Type
Default Plan
Standard
Broker Enquiry
Year of Incorporation
1994
Number of Branches
1784
Enquire Bonanza
Enquire SAMCO
Bonanza Vs SAMCO Charges
Bonanza
SAMCO
Trading Account Opening Fees
Nil
₹0
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹250
₹400
Demat Account is Mandatory?
No
No
Bonanza Vs SAMCO Brokerage
Brokerage Plan 2
Bonanza
SAMCO
Account Type
Plan 1000
Standard
Fixed Charges
NA
Equity Delivery Brokerage
0.1%
₹20 per executed order
Equity Intraday Brokerage
0.005%
₹20 per executed order
Equity Futures Brokerage
0.005%
₹20 per executed order
Equity Options Brokerage
₹15 per lot
₹20 per executed order
Currency Futures Trading Brokerage
.0025%
₹20 per executed order
Currency Options Trading Brokerage
₹5 per lot
₹20 per executed order
Commodity Futures Trading Brokerage
0.004%
Commodity Options Trading Brokerage
Brokerage Plan 3
Bonanza
SAMCO
Account Type
Plan 7500
Standard
Fixed Charges
NA
Equity Delivery Brokerage
0.025%
₹20 per executed order
Equity Intraday Brokerage
0.00312%
₹20 per executed order
Equity Futures Brokerage
0.00312%
₹20 per executed order
Equity Options Brokerage
₹10 per lot
₹20 per executed order
Currency Futures Trading Brokerage
0.0015%
₹20 per executed order
Currency Options Trading Brokerage
₹4 per lot
₹20 per executed order
Commodity Futures Trading Brokerage
0.00208%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Intraday - .0001% and Delivery - .005%
₹0
Other Brokerage Charges
Call & Trade Charges
₹25 per trade
₹20 per executed order
Bonanza Vs SAMCO Taxes
Bonanza
SAMCO
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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Bonanza Vs SAMCO Transaction Charges
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
Bonanza Vs SAMCO Exposure Margin
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
Bonanza and SAMCO Feature Comparison
Bonanza
SAMCO
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
OMNESYS NEST, StockNote
Intraday Square-off Time
3:15
3:15 PM
Other Features
Margin Products - CashPlus, StockPlus, and InstaPlus
Referral Program
Bonanza Vs SAMCO Review
Bonanza
SAMCO
6 Customer Reviews
12 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Bonanza is Rated 3.3 / 5 based on 6 customer reviews SAMCO is Rated 3.6 / 5 based on 12 customer reviews
Bonanza Vs SAMCO Investment Options
Bonanza
SAMCO
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Bonanza Vs SAMCO Customer Service
Bonanza
SAMCO
24/7 Customer Service
Onine Live Chat
Through Branches
Bonanza Vs SAMCO Order Type Offered
Bonanza
SAMCO
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Bonanza Vs SAMCO Research Report
Bonanza
SAMCO
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Bonanza Vs SAMCO Suitable For Investor Type
Bonanza
SAMCO
Casual Investor
Active Investor
Trader
Bonanza Vs SAMCO - Advantages and Disadvantages
Bonanza
SAMCO
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
More Advantages...
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.
More Advantages...
Cons
Call & trade is charged extra at the rate of ₹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.
More Disadvantages...
No branch offices.
Mutual Fund investment is now available.
Online IPO applications are not available.
Additional charges for broker assisted traders (Call & Trade).
More Disadvantages...
Reviews
Promo / Offers
AMC are waived off for the 1st year
SAMCO has 2 limited time special offers running at this time.
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.
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
Zerodha
Zero Account Opening Fee