Bonanza Vs SMC Global (Compare Bonanza and SMC Global)

Bonanza Vs SMC Global

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 1994, SMC Global is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX. It has 2450 branches across India.

	Bonanza	SMC Global
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX, NCDEX, NFO, CDS	NSE, BSE, MCX, NCDEX
Account Type	Default Plan
Year of Incorporation	1994	1994
Number of Branches	1784	2450
Broker Enquiry
	Enquire Bonanza	Enquire SMC Global

Bonanza Vs SMC Global Charges & AMC

Bonanza trading account opening charges is Nil while SMC Global account opening changes is Nil. Bonanza Demat Account AMC Charges is ₹250 and SMC Global Demat Account AMC Charges is ₹300.

	Bonanza	SMC Global
Trading Account Opening Charges	Nil	Nil
Trading Account AMC Charges	Nil	Nil
Demat Account Opening Charges	Nil	₹499
Demat Account AMC Charges	₹250	₹300

Bonanza Vs SMC Global Brokerage

Bonanza brokerage charges for equity is 0.10% and intraday is 0.005% whereas SMC Global brokerage charges for equity is 0.3% and intraday is 0.03%.

	Bonanza	SMC Global
Account Type	Default Plan
Fixed Charges
Equity Delivery Brokerage	0.10%	0.3%
Equity Intraday Brokerage	0.005%	0.03%
Equity Futures Brokerage	0.005%	0.03%
Equity Options Brokerage	₹15 per Lot	₹70 per lot
Currency Futures Trading Brokerage	0.0025%	0.03%
Currency Options Trading Brokerage	₹5 per lot	₹20 per lot
Commodity Futures Trading Brokerage	0.004%	0.03%
Commodity Options Trading Brokerage		0.03%
Special Offer

Bonanza Vs SMC Global Brokerage Plan 2

	Bonanza	SMC Global
Account Type	Plan 1000
Fixed Charges
Equity Delivery Brokerage	0.1%	0.3%
Equity Intraday Brokerage	0.005%	0.03%
Equity Futures Brokerage	0.005%	0.03%
Equity Options Brokerage	₹15 per lot	₹70 per lot
Currency Futures Trading Brokerage	.0025%	0.03%
Currency Options Trading Brokerage	₹5 per lot	₹20 per lot
Commodity Futures Trading Brokerage	0.004%	0.03%
Commodity Options Trading Brokerage		0.03%
	Enquire Bonanza	Enquire SMC Global

Bonanza Vs SMC Global Brokerage Plan 3

	Bonanza	SMC Global
Account Type	Plan 7500
Fixed Charges
Equity Delivery Brokerage	0.025%	0.3%
Equity Intraday Brokerage	0.00312%	0.03%
Equity Futures Brokerage	0.00312%	0.03%
Equity Options Brokerage	₹10 per lot	₹70 per lot
Currency Futures Trading Brokerage	0.0015%	0.03%
Currency Options Trading Brokerage	₹4 per lot	₹20 per lot
Commodity Futures Trading Brokerage	0.00208%	0.03%
Commodity Options Trading Brokerage		0.03%
	Enquire Bonanza	Enquire SMC Global

Bonanza Charges Vs SMC Global

Minimum Brokerage Charges	Intraday - .0001% and Delivery - .005%	Rs 25 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges
Call & Trade Charges	₹25 per trade

Bonanza Vs SMC Global Transaction Charges

Bonanza transaction charges for options is NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium) while SMC Global exchange transaction charges for options is 0.065% (on premium).

	Bonanza	SMC Global
Equity Delivery	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)	0.0035%
Equity Intraday	NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)	0.0035%
Equity Futures	NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side)	0.0029%
Equity Options	NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium)	0.065% (on premium)
Currency Futures	NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%)	0.0029%
Currency Options	NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium)	0.065% (on premium)
Commodity	MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%)	0.0030%
	Enquire Bonanza	Enquire SMC Global

Bonanza Vs SMC Global Leverage (Margin)

Bonanza provides the margin of Upto 10x for intraday trades whereas the SMC Global margin for intraday cash is Upto 10x Intraday.

	Bonanza	SMC Global
Equity Delivery	Upto 10x + Interest	Upto 3x
Equity Intraday	Upto 10x	Upto 10x Intraday
Equity Futures	Upto 3x	Upto 2x
Equity Options	Upto 2x for shorting	NA
Currency Futures	Upto 2x	NA
Currency Options	Upto 2x for shorting	NA
Commodity Futures	Upto 3x	Upto 2x
Commodity Options
	Enquire Bonanza	Enquire SMC Global

Compare Bonanza and SMC Global Features

The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. SMC Global offers SMC Privilege, Easy Trader, Mobitrader, Tab Trader trading software.

	Bonanza	SMC Global
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	SMC Privilege, Easy Trader, Mobitrader, Tab Trader
Intraday Square-off Time	3:15
Other Features
Referral Program
	Enquire Bonanza	Enquire SMC Global

Bonanza Vs SMC Global Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas SMC Global is rated 3.7 of 5 based on 15 customer reviews.

	Bonanza	SMC Global
	7 Customer Reviews	15 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	SMC Global is rated 3.7 of 5 based on 15 customer reviews

Bonanza Vs SMC Global Investment Options

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

Bonanza Vs SMC Global Order Type Offered

	Bonanza	SMC Global
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 SMC Global

Bonanza Vs SMC Global Research Report

	Bonanza	SMC Global
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Bonanza Vs SMC Global Suitable For Investor Type

	Bonanza	SMC Global
Casual Investor
Active Investor
Trader

Bonanza Vs SMC Global - Advantages and Disadvantages

	Bonanza	SMC Global
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...	They have 50+ branches for extensive reach. Call and trade facility is also available. Clients can place AMO (After Market Orders) and BTST (Buy Today Sell tomorrow) orders. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available. Trading is available in both BSE and NSE. Low bandwidth website is available for slow internet connection or for trading from mobile devices. 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...	Mobile trading on NSE is not available. They don't offer 3 in 1 account. There charge extra for their featured products. More Disadvantages...
Reviews
Promo / Offers	AMC are waived off for the 1st year
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