Bonanza Vs Tradejini (Compare Bonanza and Tradejini)

Bonanza Vs Tradejini

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 2012, Tradejini is a Discount Broker. It offers trading at BSE, NSE, MCX, MCX-SX. It has 1 branches across India.

	Bonanza	Tradejini
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX, NFO, CDS	BSE, NSE, MCX, MCX-SX
Year of Incorporation	1994	2012
Number of Branches	1784	1
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Bonanza Vs Tradejini Charges & AMC

Bonanza trading account opening charges is Rs 999 while Tradejini account opening changes is Rs 300. Bonanza Demat Account AMC Charges is Nil and Tradejini Demat Account AMC Charges is Rs 300.

	Bonanza	Tradejini
Trading Account Opening Charges	Rs 999	Rs 300
Trading Account AMC Charges	Nil	Rs 0
Demat Account Opening Charges	Nil	Rs 0
Demat Account AMC Charges	Nil	Rs 300

Bonanza Vs Tradejini Brokerage

Bonanza brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas Tradejini brokerage charges for equity is Rs 20 per executed order or 0.10% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower.

	Bonanza	Tradejini
Account Type	Flat Brokerage Plan	Standard Plan
Fixed Charges		Nil
Equity Delivery	Rs 18 per executed order	Rs 20 per executed order or 0.10% whichever is lower
Equity Intraday	Rs 18 per executed order	Rs 20 per executed order or .01% whichever is lower
Equity Futures	Rs 18 per executed order	Rs 20 per executed order or .01% whichever is lower
Equity Options	Rs 18 per executed order	Rs 20 per executed order
Currency Futures	Rs 18 per executed order	Rs 20 per executed order or .01% whichever is lower
Currency Options	Rs 18 per executed order	Rs 20 per executed order
Commodity Futures	Rs 18 per executed order	Rs 20 per executed order
Commodity Options	Rs 18 per executed order
Special Offer

Bonanza Charges Vs Tradejini

Minimum Brokerage	Intraday - .0001% and Delivery - .005%	Rs 0
Other Charges
Call & Trade Charges	Rs 25 per trade	Rs 20 per executed order

Bonanza Vs Tradejini 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 Tradejini exchange transaction charges for options is NSE Rs 5300 | BSE Rs 2500.

	Bonanza	Tradejini
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 | BSE Rs 275
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 | BSE Rs 275
Equity Futures	NSE Rs 215 per Cr (0.00215%) | BSE Rs 75 per Cr (0.00075%) (each side)	NSE Rs 200 | BSE Rs 200
Equity Options	NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium)	NSE Rs 5300 | BSE Rs 2500
Currency Futures	NSE Rs 135 per Cr (0.00135%) | BSE Rs 29 per Cr (0.00029%)	NSE Rs 125
Currency Options	NSE Rs 4750 per Cr (0.0475%) | BSE Rs 754 per Cr (0.00754%) (on premium)	NSE Rs 4350
Commodity	MCX - Non Agri Rs 235 per Cr (0.00235%) | MCX - Agri Rs 100 per Cr (0.001%)	MCX Rs 300
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Bonanza Vs Tradejini Leverage (Margin)

Bonanza margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Tradejini margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Bonanza	Tradejini
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
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Compare Bonanza and Tradejini Features

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

	Bonanza	Tradejini
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
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, NSE NOW
Intraday Square-off Time	3:15	3:15 PM
Other Features
Referral Program
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Bonanza Vs Tradejini Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas Tradejini is rated 4.4 of 5 based on 8 customer reviews.

	Bonanza	Tradejini
	7 Customer Reviews	8 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Bonanza is rated 3.6 of 5 based on 7 customer reviews	Tradejini is rated 4.4 of 5 based on 8 customer reviews

Bonanza Vs Tradejini Investment Options

	Bonanza	Tradejini
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance

Bonanza Vs Tradejini Order Type Offered

	Bonanza	Tradejini
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Bonanza Vs Tradejini Research Report

	Bonanza	Tradejini
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Bonanza Vs Tradejini Suitable For Investor Type

	Bonanza	Tradejini
Casual Investor
Active Investor
Trader

Bonanza Vs Tradejini - Pros and Cons

	Bonanza	Tradejini
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	Funds transfer facility with 25 major banks available through the Atom payment gateway. This is an instant transfer method. No minimum brokerage. No need to login in different platforms for different segment. No more need to transfer deposits in one exchange to another for trading.
Cons	Call & trade is charged extra at the rate of Rs 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.	Only Non - Agri commodities traded at Tradejini. Tradejini doesn't offer 3-in-1 account. Tradejini doesn't offer facility to invest in IPO, FPO, FDs, NCDs and Offer For Sale (OFS).
Reviews
Promo / Offers	AMC are waived off for the 1st year
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