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Bonanza Vs Tradingo (Compare Bonanza and Tradingo)

Bonanza Portfolio Ltd Logo

About 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

Tradingo (Swastika Investmart Ltd) Logo

About Tradingo
Tradingo is an Indore-based discount broker offering stock, commodity, and currency trading services. Tradingo provides transparent, faster, and low-cost brokerage service to India Stock Market customers who would like to trade online with little assistance from a broker. Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker, and financial service provider since 1992. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 fo... Know more about Tradingo (Swastika Investmart Ltd)

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Bonanza Vs Tradingo

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 2016, Tradingo is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has branches across India.

  Bonanza Tradingo
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 2016
Number of Branches 1784
Enquire BonanzaOpen Tradingo Account

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Bonanza Vs Tradingo Charges & AMC

Bonanza trading account opening charges is Rs 999 while Tradingo account opening changes is Rs 0. Bonanza Demat Account AMC Charges is Nil and Tradingo Demat Account AMC Charges is Rs 250.

  Bonanza Tradingo
Trading Account Opening Charges Rs 999 Rs 0
Trading Account AMC Charges Nil Rs 0
Demat Account Opening Charges Nil Rs 0
Demat Account AMC Charges Nil Rs 250

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Bonanza Vs Tradingo Brokerage

Bonanza brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas Tradingo brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per trade or 0.03% (whichever is lower).

Account Type Bonanza Flat Brokerage Plan Tradingo Discount Broking 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 or 0.03% (whichever is lower)
Equity Futures Rs 18 per executed order Rs 20 per trade or 0.03% (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 trade or 0.01% (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 trade or 0.01% (whichever is lower)
Commodity Options Rs 18 per executed order Rs 100 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 Vs Tradingo Brokerage Plan 2

  Bonanza Tradingo
Account Type Flat Brokerage Plan Premium Plan
Fixed Charges
Equity Delivery Rs 18 per executed order 0.3% of trade value
Equity Intraday Rs 18 per executed order 0.03% of trade value
Equity Futures Rs 18 per executed order 0.03% of trade value
Equity Options Rs 18 per executed order Rs 50 per lot
Currency Futures Rs 18 per executed order 0.3% of trade value
Currency Options Rs 18 per executed order Rs 50 per lot
Commodity Futures Rs 18 per executed order 0.3% of trade value
Commodity Options Rs 18 per executed order Rs 100 per lot
Enquire BonanzaOpen Tradingo Account

Bonanza Charges Vs Tradingo

Minimum Brokerage Intraday - .0001% and Delivery - .005% Rs 0
Other Charges Real Time Trade Confirmation SMS Charges - Rs 0.25 per trade (capped to Rs. 10 per day)
Call & Trade Charges Rs 25 per trade Additional Rs 20 per executed order

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Bonanza Vs Tradingo 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 Tradingo exchange transaction charges for options is NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium).

  Bonanza Tradingo
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 325 per crore | BSE Rs 50 per crore (each side)
Equity Options NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) NSE Rs 7500 per crore | BSE Rs 50 per crore (each side) (on premium)
Currency Futures NSE Rs 135 per Cr (0.00135%) | BSE Rs 29 per Cr (0.00029%) NSE Rs 160 per crore (0.0016%)
Currency Options NSE Rs 4750 per Cr (0.0475%) | BSE Rs 754 per Cr (0.00754%) (on premium) NSE Rs 6000 per crore (0.06%)
Commodity MCX - Non Agri Rs 235 per Cr (0.00235%) | MCX - Agri Rs 100 per Cr (0.001%) Non-Agri Rs 325 per crore | Agri (NCDEX) Rs 600 per Cr
Enquire BonanzaOpen Tradingo Account

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Bonanza Vs Tradingo Leverage (Margin)

Bonanza margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Tradingo margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Bonanza Tradingo
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
Enquire BonanzaOpen Tradingo Account

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Compare Bonanza and Tradingo Features

The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. Tradingo offers Tradingo, Justrade trading software.

  Bonanza Tradingo
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) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Omnesys NEST Trader, My E Trade, My E Trade Mobile App Tradingo, Justrade
Intraday Square-off Time 3:15 Eq: 3:15PM | Curr/Commodity: 15 Mins before market closes
Other Features
Referral Program
Enquire BonanzaOpen Tradingo Account

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Bonanza Vs Tradingo Review

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

  Bonanza Tradingo
  7 Customer Reviews    Rate Bonanza 6 Customer Reviews    Rate Tradingo
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 Tradingo is rated 4.0 of 5 based on 6 customer reviews

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Contact Broker / Request A Call Back

  Bonanza Enquire Tradingo 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 Tradingo Investment Options

  Bonanza Tradingo
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 Tradingo Order Type Offered

  Bonanza Tradingo
Bracket Order No Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes
Enquire BonanzaOpen Tradingo Account

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Bonanza Vs Tradingo Research Report

  Bonanza Tradingo
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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Bonanza Vs Tradingo Suitable For Investor Type

  Bonanza Tradingo
Casual Investor
Active Investor Yes Yes
Trader Yes Yes

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Bonanza Vs Tradingo - Pros and Cons

  Bonanza Tradingo
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

Tradingo is an Indore-based discount broker offering online and offline trading and investment services across Stocks, F&O, Currency, Commodity, IPO, Mutual Funds, and US Stocks.

Tradingo was launched in 2016 and later became part of Swastika Investmart Ltd, a traditional stockbroker and a financial service provider with over two decades of experience in the broking industry. Tradingo is known to provide transparent, faster, and low-cost brokerage services to its customers.

Tradingo offers free account opening. It has a simple pricing model with two brokerage plans to offer - (i) Discount Broking Plan (ii) Premium Plan. Tradingo charges zero brokerage on Equity Delivery trades and flat Rs 20 for all other segments at BSE, NSE, and MCX under the Discount Plan. With the Premium plan, investors get access to daily free research calls, a personal relationship manager, brokerage credit, and higher exposure limits at an additional cost.

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. Click here to open an account with Tradingo

Enquire BonanzaOpen Tradingo Account

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