Bonanza Vs Tradeplus (Compare Bonanza and Tradeplus)
The side-by-side comparison of Bonanza and Tradeplus. Compare Bonanza Vs Tradeplus brokerage, charges, exposure margin, demat account. Read Tradeplus and Bonanza review.
Find out Bonanza Vs Tradeplus which is better and Bonanza Vs Tradeplus which is best.
Our Bonanza Portfolio Ltd comparison with Tradeplus (Navia Markets Ltd) highlights the major differences between two brokers. Find the best between Bonanza and Tradeplus.
Bonanza Vs Tradeplus
Bonanza
Tradeplus
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...
Tradeplus is an online stock broker (hybrid of traditional and discount broker) offering trading & investment at BSE, NSE and MCX. Tradeplus is famous for its unlimited zero brokerage trading plans which offer infinite trading at a fixed monthly ...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX, NCDEX, NFO, CDS
BSE, NSE, MCX
Account Type
Default Plan
Infinite Trading Plans
Broker Enquiry
Year of Incorporation
1994
Number of Branches
1784
Enquire Bonanza
Enquire Tradeplus
Bonanza Vs Tradeplus Charges
Bonanza
Tradeplus
Trading Account Opening Fees
Nil
₹199
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹250
₹500 (5 years)
Demat Account is Mandatory?
No
No
Bonanza Vs Tradeplus Brokerage
Brokerage Plan 2
Bonanza
Tradeplus
Account Type
Plan 1000
General Brokerage Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.1%
₹0 (Free)
Equity Intraday Brokerage
0.005%
0.01%
Equity Futures Brokerage
0.005%
0.01%
Equity Options Brokerage
₹15 per lot
₹60 per lot
Currency Futures Trading Brokerage
.0025%
₹20 per lot
Currency Options Trading Brokerage
₹5 per lot
₹60 per lot
Commodity Futures Trading Brokerage
0.004%
0.01%
Commodity Options Trading Brokerage
Brokerage Plan 3
Bonanza
Tradeplus
Account Type
Plan 7500
Infinite Trading Plans
Fixed Charges
As per segment
Equity Delivery Brokerage
0.025%
₹0 (Free)
Equity Intraday Brokerage
0.00312%
0.01%
Equity Futures Brokerage
0.00312%
₹799 per month (unlimited trading)
Equity Options Brokerage
₹10 per lot
₹99 per month (unlimited trading)
Currency Futures Trading Brokerage
0.0015%
₹99 per month (unlimited trading)
Currency Options Trading Brokerage
₹4 per lot
₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage
0.00208%
₹99 per month (unlimited trading)
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Intraday - .0001% and Delivery - .005%
Other Brokerage Charges
SMS Charges: ₹100 per segment. Software Charges Equity: ₹499 per month, MCX: ₹249 per month
Call & Trade Charges
₹25 per trade
Flat ₹75 per day
Bonanza Vs Tradeplus Taxes
Bonanza
Tradeplus
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 Tradeplus Transaction Charges
Bonanza
Tradeplus
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
₹330 per crore (0.0033%) (each side)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
₹330 per crore (0.0033%) (sale side)
Equity Futures
NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side)
₹350 per crore (0.0035%)
Equity Options
NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium)
₹7500 per crore (0.075%)(on premium)
Currency Futures
NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%)
₹165 per crore (0.00165%)
Currency Options
NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium)
₹6000 (on premium) per crore (0.06%)
Commodity
MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%)
₹400 (0.004%)
Bonanza Vs Tradeplus Exposure Margin
Bonanza
Tradeplus
Equity Delivery
Upto 10x + Interest
Upto 4X
Equity Intraday
Upto 10x
Upto 33X
Equity Futures
Upto 3x
Intraday leverage 2X | Cover Order Margin 3%
Equity Options
Upto 2x for shorting
Intraday Leverage of 2X
Currency Futures
Upto 2x
Intraday Leverage of 2X
Currency Options
Upto 2x for shorting
1X
Commodity Futures
Upto 3x
Intraday Leverage of 2X
Commodity Options
Bonanza and Tradeplus Feature Comparison
Bonanza
Tradeplus
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
INFINI, NSE NOW
Intraday Square-off Time
3:15
Other Features
Referral Program
Bonanza Vs Tradeplus Review
Bonanza
Tradeplus
6 Customer Reviews
27 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 Tradeplus is Rated 3.2 / 5 based on 27 customer reviews
Bonanza Vs Tradeplus Investment Options
Bonanza
Tradeplus
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Bonanza Vs Tradeplus Customer Service
Bonanza
Tradeplus
24/7 Customer Service
Onine Live Chat
Through Branches
Bonanza Vs Tradeplus Order Type Offered
Bonanza
Tradeplus
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Bonanza Vs Tradeplus Research Report
Bonanza
Tradeplus
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Bonanza Vs Tradeplus Suitable For Investor Type
Bonanza
Tradeplus
Casual Investor
Active Investor
Trader
Bonanza Vs Tradeplus - Advantages and Disadvantages
Bonanza
Tradeplus
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...
Unlimited monthly trading plans available for frequent traders.
Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
Low demat AMC or ₹90 per month.
Analysis tools available for intraday trading.
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...
Customer has to pay software charges.
High call & trade charges. ₹1000 per month.
Lower margin.
More Disadvantages...
Reviews
Promo / Offers
AMC are waived off for the 1st year
Free Equity Delivery Trade + Flat ₹9 intranet and F&O trade
Get free equity delivery trading (zero brokerage) and pay flat ₹9 intranet and F&O trade brokerage. To open an account with Tradeplus, simply leave your contact information and Tradeplus representatives will call you.
Zerodha
Zero Account Opening Fee