Bonanza Vs TradingBells (Compare Bonanza and TradingBells)
The side-by-side comparison of Bonanza and TradingBells. Compare Bonanza Vs TradingBells brokerage, charges, exposure margin, demat account. Read TradingBells and Bonanza review.
Find out Bonanza Vs TradingBells which is better and Bonanza Vs TradingBells which is best.
Our Bonanza Portfolio Ltd comparison with TradingBells (Swastika Investmart Ltd) highlights the major differences between two brokers. Find the best between Bonanza and TradingBells.
Bonanza Vs TradingBells
Bonanza
TradingBells
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...
TradingBells is an Indore, MP based online discount broker offering stock, commodity and currency trading services. TradingBells is built on the principles of providing transparent, faster and lower cost brokerage service to India Stock Market custom...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX, NCDEX, NFO, CDS
NSE, BSE, MCX and NCDEX
Account Type
Default Plan
Standard Plan
Broker Enquiry
Year of Incorporation
1994
Number of Branches
1784
Enquire Bonanza
Enquire TradingBells
Bonanza Vs TradingBells Charges
Bonanza
TradingBells
Trading Account Opening Fees
Nil
₹300 Equity | ₹200 Commodity
Trading Account AMC
Nil
Nil
Demat Account Opening Fees
Nil
₹150
Demat Account AMC
₹250
₹300
Demat Account is Mandatory?
No
No
Bonanza Vs TradingBells Brokerage
Brokerage Plan 2
Bonanza
TradingBells
Account Type
Plan 1000
Standard Plan
Fixed Charges
Nil
Equity Delivery Brokerage
0.1%
₹0 (Free)
Equity Intraday Brokerage
0.005%
₹20 per trade
Equity Futures Brokerage
0.005%
₹20 per trade
Equity Options Brokerage
₹15 per lot
₹20 per trade
Currency Futures Trading Brokerage
.0025%
₹20 per trade
Currency Options Trading Brokerage
₹5 per lot
₹20 per trade
Commodity Futures Trading Brokerage
0.004%
₹20 per trade
Commodity Options Trading Brokerage
Brokerage Plan 3
Bonanza
TradingBells
Account Type
Plan 7500
Standard Plan
Fixed Charges
Nil
Equity Delivery Brokerage
0.025%
₹0 (Free)
Equity Intraday Brokerage
0.00312%
₹20 per trade
Equity Futures Brokerage
0.00312%
₹20 per trade
Equity Options Brokerage
₹10 per lot
₹20 per trade
Currency Futures Trading Brokerage
0.0015%
₹20 per trade
Currency Options Trading Brokerage
₹4 per lot
₹20 per trade
Commodity Futures Trading Brokerage
0.00208%
₹20 per trade
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
Intraday - .0001% and Delivery - .005%
₹0
Other Brokerage Charges
Brokerage charge is 0.01% or Rs 20 per executed order, whichever is lower.
Call & Trade Charges
₹25 per trade
Additional ₹20 per executed order
Bonanza Vs TradingBells Taxes
Bonanza
TradingBells
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 TradingBells Transaction Charges
Bonanza
TradingBells
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
NSE ₹325 per crore | BSE ₹275 per crore (each side
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
NSE ₹325 per crore | BSE ₹275 per crore (each side
Equity Futures
NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side)
NSE ₹210 per crore | BSE ₹70 per crore (each side)
Equity Options
NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium)
NSE ₹6000 per crore | BSE ₹3000 per crore (each side) (on premium)
Currency Futures
NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%)
NSE ₹135 per crore (0.00135%)
Currency Options
NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium)
NSE ₹4400 (on premium) per crore (0.044%)
Commodity
MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%)
Non-Agri ₹310 (0.0036%) | Agri (NCDEX) ₹400 per Cr
Bonanza Vs TradingBells Exposure Margin
Bonanza
TradingBells
Equity Delivery
Upto 10x + Interest
1x
Equity Intraday
Upto 10x
10x for most scripts
Equity Futures
Upto 3x
Intraday: 3x | Carry: 1x
Equity Options
Upto 2x for shorting
1x
Currency Futures
Upto 2x
Intraday: 3x | Carry: 1x
Currency Options
Upto 2x for shorting
Intraday: 3x | Carry: 1x
Commodity Futures
Upto 3x
Intraday: 3x | Carry: 1x
Commodity Options
Bonanza and TradingBells Feature Comparison
Bonanza
TradingBells
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
ODIN, NSE NOW, JUSTRADE
Intraday Square-off Time
3:15
Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features
Referral Program
Bonanza Vs TradingBells Review
Bonanza
TradingBells
7 Customer Reviews
5 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Bonanza is Rated 3.6 / 5 based on 7 customer reviews TradingBells is Rated 4.0 / 5 based on 5 customer reviews
Bonanza Vs TradingBells Investment Options
Bonanza
TradingBells
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Bonanza Vs TradingBells Customer Service
Bonanza
TradingBells
24/7 Customer Service
Onine Live Chat
Through Branches
Bonanza Vs TradingBells Order Type Offered
Bonanza
TradingBells
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Bonanza Vs TradingBells Research Report
Bonanza
TradingBells
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Bonanza Vs TradingBells Suitable For Investor Type
Bonanza
TradingBells
Casual Investor
Active Investor
Trader
Bonanza Vs TradingBells - Advantages and Disadvantages
Bonanza
TradingBells
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...
Discount stock broker.
Offer margin funding and higher exposure.
No brokerage charges for equity delivery trades.
3 different trading platforms: ODIN, NSE Now, JUSTRADE
Online IPO and Mutual Funds available.
Free trading software
Branches in 80+ cities.
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...
Call & trade is changed Rs 20 extra.
Doesn't offer 3-in-1 account
Charge annual maintenance change on demat account.
More Disadvantages...
Reviews
Promo / Offers
AMC are waived off for the 1st year
Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with TradingBells, simply leave your contact information with us and TradingBells representatives will call you.
Zerodha
Zero Account Opening Fee