Bonanza Vs TradingBells (Compare Bonanza and TradingBells)


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


TradingBells
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 customers who would like to trade online independently. TradingBells was launched in July 2016 and later in Dec 2016 became part of Swastika Investmart Ltd, a tradition stock broker and financial service provider since 1992. TradingBells charges Rs 0 bro... Know more about TradingBells (Swastika Investmart Ltd)

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Bonanza Vs TradingBells

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

  Bonanza TradingBells
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX, NFO, CDS NSE, BSE, MCX and NCDEX
Year of Incorporation 1994
Number of Branches 1784
Open an Online Trading Account with Bonanza.Open an Online Trading Account with TradingBells.
Enquire BonanzaEnquire TradingBells
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Bonanza Vs TradingBells Charges & AMC

Bonanza trading account opening charges is Rs 999 while TradingBells account opening changes is Rs 300 Equity | Rs 200 Commodity. Bonanza Demat Account AMC Charges is Nil and TradingBells Demat Account AMC Charges is Rs 300.

  Bonanza TradingBells
Trading Account Opening Charges Rs 999 Rs 300 Equity | Rs 200 Commodity
Trading Account AMC Charges Nil Nil
Demat Account Opening Charges Nil Rs 150
Demat Account AMC Charges Nil Rs 300
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Bonanza Vs TradingBells Brokerage Charges & Plans

Bonanza Vs TradingBells Brokerage

Bonanza brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas TradingBells brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade.

  Bonanza TradingBells
Account Type Flat Brokerage Plan Standard Plan
Fixed Charges Nil
Equity Delivery Rs 18 per executed order Rs 0 (Free)
Equity Intraday Rs 18 per executed order Rs 20 per trade
Equity Futures Rs 18 per executed order Rs 20 per trade
Equity Options Rs 18 per executed order Rs 20 per trade
Currency Futures Rs 18 per executed order Rs 20 per trade
Currency Options Rs 18 per executed order Rs 20 per trade
Commodity Futures Rs 18 per executed order Rs 20 per trade
Commodity Options Rs 18 per executed order
Special Offer
Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

Bonanza Charges Vs TradingBells

Minimum Brokerage Intraday - .0001% and Delivery - .005% Rs 0
Other Charges Brokerage charge is 0.01% or Rs 20 per executed order, whichever is lower.
Call & Trade Charges Rs 25 per trade Additional Rs 20 per executed order
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Bonanza Vs TradingBells 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 TradingBells exchange transaction charges for options is NSE Rs 6000 per crore | BSE Rs 3000 per crore (each side) (on premium).

  Bonanza TradingBells
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) NSE Rs 325 per crore | BSE Rs 275 per crore (each side
Equity Futures NSE Rs 215 per Cr (0.00215%) | BSE Rs 75 per Cr (0.00075%) (each side) NSE Rs 210 per crore | BSE Rs 70 per crore (each side)
Equity Options NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) NSE Rs 6000 per crore | BSE Rs 3000 per crore (each side) (on premium)
Currency Futures NSE Rs 135 per Cr (0.00135%) | BSE Rs 29 per Cr (0.00029%) NSE Rs 135 per crore (0.00135%)
Currency Options NSE Rs 4750 per Cr (0.0475%) | BSE Rs 754 per Cr (0.00754%) (on premium) NSE Rs 4400 (on premium) per crore (0.044%)
Commodity MCX - Non Agri Rs 235 per Cr (0.00235%) | MCX - Agri Rs 100 per Cr (0.001%) Non-Agri Rs 310 (0.0036%) | Agri (NCDEX) Rs 400 per Cr
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Bonanza Vs TradingBells 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 TradingBells 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 TradingBells
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)
Enquire BonanzaEnquire TradingBells
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Compare Bonanza and TradingBells Features

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

  Bonanza TradingBells
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 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 ODIN, NSE NOW, JUSTRADE
Intraday Square-off Time 3:15 Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features
Referral Program
Enquire BonanzaEnquire TradingBells
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Bonanza Vs TradingBells Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas TradingBells is rated 4.0 of 5 based on 6 customer reviews.

  Bonanza TradingBells
  7 Customer Reviews    Rate Bonanza 6 Customer Reviews    Rate TradingBells
Fees 3.4 4.2
Brokerage 3.3 4.7
Trading Platform 3.1 3.5
Customer Service 3.7 3.8
Research Capabilities 5.0 2.0
Overall Ratings Rated 3.6 stars Rated 4.0 stars
Broker Rating Bonanza is rated 3.6 of 5 based on 7 customer reviews TradingBells is rated 4.0 of 5 based on 6 customer reviews
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Contact Broker / Request A Call Back

  Bonanza Enquire TradingBells Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer
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Bonanza Vs TradingBells Investment Options

  Bonanza TradingBells
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No Yes
Other Investment Options Insurance
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Bonanza Vs TradingBells Order Type Offered

  Bonanza TradingBells
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 TradingBells Research Report

  Bonanza TradingBells
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Bonanza Vs TradingBells Suitable For Investor Type

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

  Bonanza TradingBells
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
  • 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.
Cons
  1. Call & trade is charged extra at the rate of Rs 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.
  • Call & trade is changed Rs 20 extra.
  • Doesn't offer 3-in-1 account
  • Charge annual maintenance change on demat account.
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 Rs 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.

Enquire BonanzaEnquire TradingBells

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