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Bonanza Vs Trustline (Compare Bonanza and Trustline)

The side-by-side comparison of Bonanza and Trustline. Compare Bonanza Vs Trustline brokerage, charges, exposure margin, demat account. Read Trustline and Bonanza review.

Find out Bonanza Vs Trustline which is better and Bonanza Vs Trustline which is best.

Our Bonanza Portfolio Ltd comparison with Trustline Securities Ltd highlights the major differences between two brokers. Find the best between Bonanza and Trustline.

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Bonanza Vs Trustline

  Bonanza Portfolio Ltd Trustline Securities Ltd
 
Bonanza Portfolio Ltd Logo Trustline Securities Ltd Logo
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... Know more about Bonanza Portfolio Ltd Incorporated in 1989, Trustline Securities is a Noida based financial service provider. Trustline is a full-service broker for over 25 years. Trustline offers customised investment solutions to corporate, institutions and retail investors, through a ... Know more about Trustline Securities Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE, MCX
Account Type Default Plan Full-service Brokerage Plan
Broker Enquiry Open an Online Trading Account with Bonanza. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Bonanza Vs Trustline Charges

  Bonanza Portfolio Ltd Trustline Securities Ltd
Trading Account Opening Fees Nil ₹0 (Free)
Trading Account AMC Nil ₹0 (Free)
Demat Account Opening Fees Nil Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC Rs 250 Regular Demat: ₹300, Lifetime free AMC Demat: ₹0
Demat Account is Mandatory? No No
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Bonanza Vs Trustline Brokerage

Brokerage Plan 1

  Bonanza Portfolio Ltd Trustline Securities Ltd
Account Type Default Plan Full-service Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.10% 0.20% (20 paisa)
Equity Intraday Brokerage 0.005% 0.02% (2 paisa)
Equity Futures Brokerage 0.005% 0.02% (2 paisa)
Equity Options Brokerage Rs 15 per Lot ₹75 per lot
Currency Futures Trading Brokerage 0.0025% 0.02% (2 paisa)
Currency Options Trading Brokerage Rs 5 per lot ₹7.5 per lot
Commodity Futures Trading Brokerage 0.004% Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage

Brokerage Plan 2

  Bonanza Portfolio Ltd Trustline Securities Ltd
Account Type Plan 1000 Full-service Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.1% 0.20% (20 paisa)
Equity Intraday Brokerage 0.005% 0.02% (2 paisa)
Equity Futures Brokerage 0.005% 0.02% (2 paisa)
Equity Options Brokerage 15 per lot ₹75 per lot
Currency Futures Trading Brokerage .0025% 0.02% (2 paisa)
Currency Options Trading Brokerage 5 per lot ₹7.5 per lot
Commodity Futures Trading Brokerage 0.004% Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage

Brokerage Plan 3

  Bonanza Portfolio Ltd Trustline Securities Ltd
Account Type Plan 7500 Full-service Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.025% 0.20% (20 paisa)
Equity Intraday Brokerage 0.00312% 0.02% (2 paisa)
Equity Futures Brokerage 0.00312% 0.02% (2 paisa)
Equity Options Brokerage 10 per lot ₹75 per lot
Currency Futures Trading Brokerage 0.0015% 0.02% (2 paisa)
Currency Options Trading Brokerage 4 per lot ₹7.5 per lot
Commodity Futures Trading Brokerage 0.00208% Future: 0.02% (2 paisa) | Options: ₹50 per lot
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges Intraday - .0001% and Delivery - .005% ₹0 (No Minimum Brokerage)
Other Brokerage Charges Physical contact notes: ₹20
Call & Trade Charges Rs 25 per trade ₹0 (Free)
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Bonanza Vs Trustline Taxes

  Bonanza Portfolio Ltd Trustline Securities Ltd
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Bonanza Vs Trustline Transaction Charges

  Bonanza Portfolio Ltd Trustline Securities Ltd
Equity Delivery NSE ₹325 | BSE ₹275 NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday NSE ₹325 | BSE ₹275 NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures NSE ₹215 | BSE ₹75 NSE ₹190 per crore (0.0019%)
Equity Options NSE ₹5750 | BSE ₹3250 NSE ₹5000 per crore (0.05%)
Currency Futures NSE ₹135 | BSE ₹29 NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options NSE ₹4750 | BSE ₹754 NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity MCX - Non Agri ₹235 | MCX - Agri ₹100 MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
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Bonanza Vs Trustline Exposure Margin

  Bonanza Portfolio Ltd Trustline Securities Ltd
Equity Delivery Upto 10x + Interest 1x (100% Margin Required)
Equity Intraday Upto 10x Up to 20x
Equity Futures Upto 3x NSE: 2x
Equity Options Upto 2x for shorting NSE: 2x
Currency Futures Upto 2x NSE: 2x
Currency Options Upto 2x for shorting NSE: 2x
Commodity Futures Upto 3x MCX Futures: 8x
Commodity Options
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Bonanza and Trustline Feature Comparison

  Bonanza Portfolio Ltd Trustline Securities Ltd
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 Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time 3:15 Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program
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Bonanza Vs Trustline Review

  Bonanza Portfolio Ltd Trustline Securities Ltd
  5 Customer Reviews    Rate Bonanza 1 Customer Reviews    Rate Trustline
Fees Ratings 2.8 4.0
Trading Brokerage Rating 3.0 3.0
Trading Platform Usability 3.2 4.0
Customer Service Ratings 3.4 4.0
Overall Ratings Rated 3.2 stars Rated 4.0 stars
Broker Rating Bonanza is Rated 3.2 / 5 based on 5 customer reviews Trustline is Rated 4.0 / 5 based on 1 customer reviews
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Contact Broker / Request A Call Back

  Bonanza Portfolio Ltd Trustline Securities Ltd
Contact / Request Call Back
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Bonanza Vs Trustline Investment Options

  Bonanza Portfolio Ltd Trustline Securities Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Bond / NCD No No
Debt No Yes
Other Investment Options Insurance Insurance, Wealth Management
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Bonanza Vs Trustline Customer Service

  Bonanza Portfolio Ltd Trustline Securities Ltd
24/7 Customer Service No No
Onine Live Chat Yes No
Through Branches Yes Yes
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Bonanza Vs Trustline Order Type Offered

  Bonanza Portfolio Ltd Trustline Securities Ltd
Bracket Order No
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
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Bonanza Vs Trustline Research Report

  Bonanza Portfolio Ltd Trustline Securities Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Bonanza Vs Trustline Suitable For Investor Type

  Bonanza Portfolio Ltd Trustline Securities Ltd
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Bonanza Vs Trustline - Advantages and Disadvantages

  Bonanza Portfolio Ltd Trustline Securities Ltd
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

More Advantages...

  • Research based fundamental and technical analysis available to all the customers.
  • Paperless account opening is available with eKYC and Aadhar integration
  • All trading softwares including trading terminal are available for free.
  • Uses trading platform of Omnesys which is industry leading trading software provider.
  • Margin Against Share is available
  • Short selling is available in NSE Cash segment only.
  • After Hours Orders and Good Till Cancelled (GTC) orders are available.
  • SMS Trade Alerts are available for free to all customers.
  • Call & Trade is free for all customers.

More Advantages...

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.

More Disadvantages...

  • Separate account needed for Mutual Funds investment.
  • Doesn't offer bracket orders.
  • Online IPO, NCD, Corporate Bond investment is not available.
  • Trading API is now available.
  • No extra charge for intraday or expiry positions closed by the broker.

More Disadvantages...

Reviews
Promo / Offers

AMC are waived off for the 1st year

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