Bonanza Vs Prostocks (Compare Bonanza and Prostocks)

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


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


Prostocks
ProStocks is a SEBI registered Stock Broker and Depository Participant. ProStocks is fastest growing flat fee discount stock broker offering online trading at BSE and NSE. ProStocks is famous for the unlimited trading plan. This plan offer unlimited Equity and Derivatives Trading at ₹899 per month or unlimited Currency Derivatives for ₹499 per month. They are the cheapest broker in unlimited trading plans. Average share trader save between 60% to 99% on brokerage through this plan. ProStocks ... Know more about Prostocks

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Bonanza Vs Prostocks

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

  Bonanza Prostocks
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE
Account Type Default Plan Flat Rate Plan
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 Prostocks. Leave your contact info and we will get in touch with you.
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Bonanza Vs Prostocks Charges & AMC

Bonanza trading account opening charges is Nil while Prostocks account opening changes is ₹0. Bonanza Demat Account AMC Charges is ₹250 and Prostocks Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).

  Bonanza Prostocks
Trading Account Opening Charges Nil ₹0
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0 (Free)
Demat Account AMC Charges ₹250 ₹0 (Lifetime Zero AMC)
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Bonanza Vs Prostocks Brokerage Charges & Plans

Bonanza Vs Prostocks Brokerage

Bonanza brokerage charges for equity is 0.10% and intraday is 0.005% whereas Prostocks brokerage charges for equity is ₹0 (Free) and intraday is ₹15.

  Bonanza Prostocks
Account Type Default Plan Flat Rate Plan
Fixed Charges
Equity Delivery Brokerage 0.10% ₹0 (Free)
Equity Intraday Brokerage 0.005% ₹15
Equity Futures Brokerage 0.005% ₹15
Equity Options Brokerage ₹15 per Lot ₹15
Currency Futures Trading Brokerage 0.0025% ₹15
Currency Options Trading Brokerage ₹5 per lot ₹15
Commodity Futures Trading Brokerage 0.004% NA
Commodity Options Trading Brokerage NA
Special Offer
Special Offer: Get lifetime AMC free Demat Account with ₹0 account opening fee. ₹0 Brokerage on Equity Delivery. Flat ₹15/trade for Intraday and F&O. Request a Callback

Bonanza Vs Prostocks Brokerage Plan 2

  Bonanza Prostocks
Account Type Plan 1000 Unlimited Equity Trading Plan
Fixed Charges ₹899
Equity Delivery Brokerage 0.1% ₹0
Equity Intraday Brokerage 0.005% ₹0
Equity Futures Brokerage 0.005% ₹0
Equity Options Brokerage ₹15 per lot ₹0
Currency Futures Trading Brokerage .0025% NA
Currency Options Trading Brokerage ₹5 per lot NA
Commodity Futures Trading Brokerage 0.004% NA
Commodity Options Trading Brokerage NA
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Bonanza Vs Prostocks Brokerage Plan 3

  Bonanza Prostocks
Account Type Plan 7500 Unlimited Currency Trading Plan
Fixed Charges ₹499
Equity Delivery Brokerage 0.025% NA
Equity Intraday Brokerage 0.00312% NA
Equity Futures Brokerage 0.00312% NA
Equity Options Brokerage ₹10 per lot NA
Currency Futures Trading Brokerage 0.0015% ₹0
Currency Options Trading Brokerage ₹4 per lot ₹0
Commodity Futures Trading Brokerage 0.00208% NA
Commodity Options Trading Brokerage NA
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Bonanza Charges Vs Prostocks

Minimum Brokerage Charges Intraday - .0001% and Delivery - .005% ₹0
Other Brokerage Charges
Call & Trade Charges ₹25 per trade ₹0 (Free)
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Bonanza Vs Prostocks Transaction Charges

Bonanza transaction charges for options is NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium) while Prostocks exchange transaction charges for options is NSE: 0.050% | BSE: 0.0025%.

  Bonanza Prostocks
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE: 0.00325% | BSE: 0.00275%
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE: 0.00325% | BSE: 0.00275%
Equity Futures NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side) NSE: 0.0019% | BSE: 0.0005%
Equity Options NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium) NSE: 0.050% | BSE: 0.0025%
Currency Futures NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%) NSE: 0.0011% | BSE: 0.0001%
Currency Options NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium) NSE: 0.040% | BSE: 0.0001%
Commodity MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%)
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Bonanza Vs Prostocks Leverage (Margin)

Bonanza provides the margin of Upto 10x for intraday trades whereas the Prostocks margin for intraday cash is 7x (Margin intraday sq off).

  Bonanza Prostocks
Equity Delivery Upto 10x + Interest 1x (no margin)
Equity Intraday Upto 10x 7x (Margin intraday sq off)
Equity Futures Upto 3x 2x
Equity Options Upto 2x for shorting 1x (no margin)
Currency Futures Upto 2x 1.5x
Currency Options Upto 2x for shorting 1x (no margin)
Commodity Futures Upto 3x
Commodity Options
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Compare Bonanza and Prostocks Features

The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. Prostocks offers ProStocks, NSE NOW trading software.

  Bonanza Prostocks
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 No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform Omnesys NEST Trader, My E Trade, My E Trade Mobile App ProStocks, NSE NOW
Intraday Square-off Time 3:15 Equity 3:15 PM | Curr: 4:45 PM
Other Features
Referral Program
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Bonanza Vs Prostocks Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas Prostocks is rated 3.3 of 5 based on 29 customer reviews.

  Bonanza Prostocks
  7 Customer Reviews    Rate Bonanza 29 Customer Reviews    Rate Prostocks
Fees 3.4 4.7
Trading Brokerage 3.3 4.4
Trading Platform Usability 3.1 3.0
Customer Service 3.7 3.3
Research Capabilities 5.0 4.0
Overall Ratings Rated 3.6 stars Rated 3.3 stars
Broker Rating Bonanza is rated 3.6 of 5 based on 7 customer reviews Prostocks is rated 3.3 of 5 based on 29 customer reviews
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Contact Broker / Request A Call Back

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Leave your contact information and we will get in touch with you....

Get lifetime AMC free Demat Account with ₹0 account opening fee. ₹0 Brokerage on Equity Delivery. Flat ₹15/trade for Intraday and F&O. Request a Callback

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Bonanza Vs Prostocks Investment Options

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

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

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

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

  Bonanza Prostocks
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
  • Cheapest flat fee broker in India. Offers ₹899 unlimited equity and equity f&o trading and ₹15 per trade plan.
  • 2-in-1 Accounts offers seamless transactions between trading and demat account.
  • 5 Pricing plans to choose from offers flexibility to stock market investors and active trader. Its extremely easy to switch between the plans.
  • Lowest exchange transaction changes, guaranteed.
  • Life time free demat account with one time ₹1000 deposit. No account opening and no annual maintenance charges.
  • Lowest stamp duty for customer outside Maharashtra. Max stamp duty charged is ₹50 per day.
  • ProStocks do not charge PCM fee to customers. Most other broker include PCM fee to Exchange Transaction Fee.
  • Cheapest Call & Trade fee (₹10 per executed order) among all discount brokers. Other brokers charge minimum ₹20 per trade.
  • 24x7 customer service though Advance Interactive voice response(IVR).
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.
Reviews Useful articles about ProStocks:
Promo / Offers

AMC are waived off for the 1st year

  • ₹0 Eq Delivery Brokerage and Flat ₹15 per trade for Intraday & F&O +
  • Lifetime Free AMC Demat Account +
  • FREE Trading and Demat Account Opening

This is a limited time offer. Simply leave your contact information with us and ProStocks representatives will contact you.

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