Bonanza Vs Tradeplus (Compare Bonanza and Tradeplus)

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


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


Tradeplus
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 fee in few segments. The unlimited trading plans are available in Commodities, Equity&Options and Currency Derivatives segments. Tradeplus also offer demat account services at a low AMC charge of ₹90 per year. Tradeplus also offer Online Mutual F... Know more about Tradeplus (Navia Markets Ltd)

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Bonanza Vs Tradeplus

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

  Bonanza Tradeplus
Type of Broker Full Service Broker Discount Broker
Supported Exchnages BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE, MCX
Account Type Flat Brokerage Plan Infinite Trading Plans
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 Tradeplus. Leave your contact info and we will get in touch with you.
Enquire BonanzaEnquire Tradeplus
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Bonanza Vs Tradeplus Charges & AMC

Bonanza trading account opening charges is ₹999 while Tradeplus account opening changes is ₹199. Bonanza Demat Account AMC Charges is Nil and Tradeplus Demat Account AMC Charges is ₹500 (5 years).

  Bonanza Tradeplus
Trading Account Opening Charges ₹999 ₹199
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0
Demat Account AMC Charges Nil ₹500 (5 years)
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Bonanza Vs Tradeplus Brokerage Charges & Plans

Bonanza Vs Tradeplus Brokerage

Bonanza brokerage charges for equity is ₹18 per executed order and intraday is ₹18 per executed order whereas Tradeplus brokerage charges for equity is ₹0 (Free) and intraday is 0.01%.

  Bonanza Tradeplus
Account Type Flat Brokerage Plan Infinite Trading Plans
Fixed Charges
Equity Delivery Brokerage ₹18 per executed order ₹0 (Free)
Equity Intraday Brokerage ₹18 per executed order 0.01%
Equity Futures Brokerage ₹18 per executed order ₹799 per month (unlimited trading)
Equity Options Brokerage ₹18 per executed order ₹99 per month (unlimited trading)
Currency Futures Trading Brokerage ₹18 per executed order ₹99 per month (unlimited trading)
Currency Options Trading Brokerage ₹18 per executed order ₹99 per month (unlimited trading)
Commodity Futures Trading Brokerage ₹18 per executed order ₹99 per month (unlimited trading)
Commodity Options Trading Brokerage ₹18 per executed order
Special Offer
Special Offer: Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

Bonanza Vs Tradeplus Brokerage Plan 2

  Bonanza Tradeplus
Account Type Flat Brokerage Plan General Brokerage Plan
Fixed Charges NA
Equity Delivery Brokerage ₹18 per executed order ₹0 (Free)
Equity Intraday Brokerage ₹18 per executed order 0.01%
Equity Futures Brokerage ₹18 per executed order 0.01%
Equity Options Brokerage ₹18 per executed order ₹60 per lot
Currency Futures Trading Brokerage ₹18 per executed order ₹20 per lot
Currency Options Trading Brokerage ₹18 per executed order ₹60 per lot
Commodity Futures Trading Brokerage ₹18 per executed order 0.01%
Commodity Options Trading Brokerage ₹18 per executed order
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Bonanza Charges Vs Tradeplus

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
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Bonanza Vs Tradeplus Transaction Charges

Bonanza transaction charges for options is NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium) while Tradeplus exchange transaction charges for options is ₹7500 per crore (0.075%)(on premium).

  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%)
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Bonanza Vs Tradeplus Leverage (Margin)

Bonanza provides the margin of Upto 10x for intraday trades whereas the Tradeplus margin for intraday cash is Upto 33X.

  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
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Compare Bonanza and Tradeplus Features

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

  Bonanza Tradeplus
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
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
Enquire BonanzaEnquire Tradeplus
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Bonanza Vs Tradeplus Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas Tradeplus is rated 3.1 of 5 based on 31 customer reviews.

  Bonanza Tradeplus
  7 Customer Reviews    Rate Bonanza 31 Customer Reviews    Rate Tradeplus
Fees 3.4 3.5
Trading Brokerage 3.3 4.1
Trading Platform Usability 3.1 2.9
Customer Service 3.7 2.7
Research Capabilities 5.0 2.2
Overall Ratings Rated 3.6 stars Rated 3.1 stars
Broker Rating Bonanza is rated 3.6 of 5 based on 7 customer reviews Tradeplus is rated 3.1 of 5 based on 31 customer reviews
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Contact Broker / Request A Call Back

  Bonanza Enquire Tradeplus Enquire
Contact Broker

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

Brokerage Free equity delivery trading (truly no commission) and Flat ₹9 intranet and F&O trade brokerage. Get the offer

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Bonanza Vs Tradeplus Investment Options

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

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

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

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

  Bonanza Tradeplus
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
  1. Unlimited monthly trading plans available for frequent traders.
  2. Free equity delivery trading. No brokerage charged for trading in equity delivery (cash & carry) segment.
  3. Low demat AMC or ₹90 per month.
  4. Analysis tools available for intraday trading.
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.
  1. Customer has to pay software charges.
  2. High call & trade charges. ₹1000 per month.
  3. Lower margin.
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.

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