The side-by-side comparison of Bonanza and SMC Global. Compare Bonanza Vs SMC Global brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Bonanza vs SMC Global?
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...
SMC Global
Incorporated in 1994, SMC Global Limited is a leading financial services company in India offering services across brokerage, investment banking and wealth management.
SMC Global has a presense in India as well as internationally through offices in Dubai. They have huge network of 50+ branches and 2,400 registered sub-brokers and authorized persons with a PAN-India presence.
SMC's Online Trading portal is one stop financial investment portal of SMC Global Ltd. They offers online trading...
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 | |
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Type of Broker | Full Service Broker | Full Service Broker |
Supported Exchnages | BSE, NSE, MCX, NCDEX, NFO, CDS | NSE, BSE, MCX, NCDEX |
Account Type | Flat Brokerage Plan | |
Year of Incorporation | 1994 | 1994 |
Number of Branches | 1784 | 2450 |
Broker Enquiry |
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Enquire Bonanza | Enquire SMC Global |
Bonanza trading account opening charges is Rs 999 while SMC Global account opening changes is Nil. Bonanza Demat Account AMC Charges is Nil and SMC Global Demat Account AMC Charges is Rs 300.
Bonanza | SMC Global | |
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Trading Account Opening Charges | Rs 999 | Nil |
Trading Account AMC Charges | Nil | Nil |
Demat Account Opening Charges | Nil | Rs 499 |
Demat Account AMC Charges | Nil | Rs 300 |
Bonanza brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas SMC Global brokerage charges for equity is 0.3% and intraday is 0.03%.
Bonanza | SMC Global | |
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Account Type | Flat Brokerage Plan | |
Fixed Charges | ||
Equity Delivery Brokerage | Rs 18 per executed order | 0.3% |
Equity Intraday Brokerage | Rs 18 per executed order | 0.03% |
Equity Futures Brokerage | Rs 18 per executed order | 0.03% |
Equity Options Brokerage | Rs 18 per executed order | Rs 70 per lot |
Currency Futures Trading Brokerage | Rs 18 per executed order | 0.03% |
Currency Options Trading Brokerage | Rs 18 per executed order | Rs 20 per lot |
Commodity Futures Trading Brokerage | Rs 18 per executed order | 0.03% |
Commodity Options Trading Brokerage | Rs 18 per executed order | 0.03% |
Special Offer |
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 | Rs 25 per trade |
Bonanza transaction charges for options is NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) while SMC Global exchange transaction charges for options is 0.065% (on premium).
Bonanza | SMC Global | |
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Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | 0.0035% |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) | 0.0035% |
Equity Futures | NSE Rs 215 per Cr (0.00215%) | BSE Rs 75 per Cr (0.00075%) (each side) | 0.0029% |
Equity Options | NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) | 0.065% (on premium) |
Currency Futures | NSE Rs 135 per Cr (0.00135%) | BSE Rs 29 per Cr (0.00029%) | 0.0029% |
Currency Options | NSE Rs 4750 per Cr (0.0475%) | BSE Rs 754 per Cr (0.00754%) (on premium) | 0.065% (on premium) |
Commodity | MCX - Non Agri Rs 235 per Cr (0.00235%) | MCX - Agri Rs 100 per Cr (0.001%) | 0.0030% |
Enquire Bonanza | Enquire SMC Global |
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 | |
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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 |
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 | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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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 is rated 3.6 of 5 based on 7 customer reviews whereas SMC Global is rated 3.7 of 5 based on 16 customer reviews.
Bonanza | SMC Global | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire Bonanza | Enquire SMC Global |
Bonanza | SMC Global | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | AMC are waived off for the 1st year |
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Enquire Bonanza | Enquire SMC Global |
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