Unlimited Trading @ Rs 899 per month - Prostocks

Bonanza Vs Trade Smart Online (Compare Bonanza and Trade Smart Online)

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

Find out Bonanza Vs Trade Smart Online which is better and Bonanza Vs Trade Smart Online which is best.

Our Bonanza Portfolio Ltd comparison with VNS Finance & Capital Services Ltd highlights the major differences between two brokers. Find the best between Bonanza and Trade Smart Online.

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Bonanza Vs Trade Smart Online

  Bonanza Trade Smart Online
Find more info about broker
Bonanza Portfolio Ltd Logo VNS Finance & Capital Services 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 Trade Smart is a Mumbai based broker offering discount brokerage services in stock, commodity and currency trading segments. Trade Smart is part of VNS Finance & Capital Services Ltd; a traditional brokerage company which was incorporated in 1994 to ... Know more about VNS Finance & Capital Services Ltd
Type of Broker Full Service Broker Discount Broker
Supported Exchnage BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE, MCX
Account Type Default Plan Power Plan (₹15/Order)
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 Trade Smart Online. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 1994
Number of Branches 1784 1
Enquire Bonanza Enquire Trade Smart Online
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Bonanza Vs Trade Smart Online Charges

  Bonanza Trade Smart Online
Trading Account Opening Fees Nil ₹200
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹200
Demat Account AMC ₹250 ₹300
Demat Account is Mandatory? No No
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Bonanza Vs Trade Smart Online Brokerage

Brokerage Plan 1

  Bonanza Trade Smart Online
Account Type Default Plan Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage 0.10% ₹15 per executed order
Equity Intraday Brokerage 0.005% ₹15 per executed order
Equity Futures Brokerage 0.005% ₹15 per executed order
Equity Options Brokerage ₹15 per Lot ₹15 per executed order
Currency Futures Trading Brokerage 0.0025% ₹15 per executed order
Currency Options Trading Brokerage ₹5 per lot ₹15 per executed order
Commodity Futures Trading Brokerage 0.004% ₹15 per executed order
Commodity Options Trading Brokerage ₹15 per executed order
Special Offer
Special Offer: FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

Brokerage Plan 2

  Bonanza Trade Smart Online
Account Type Plan 1000 Value Plan
Fixed Charges
Equity Delivery Brokerage 0.1% 0.007%
Equity Intraday Brokerage 0.005% 0.007%
Equity Futures Brokerage 0.005% 0.007%
Equity Options Brokerage ₹15 per lot ₹7 Per Lot
Currency Futures Trading Brokerage .0025% 0.007%
Currency Options Trading Brokerage ₹5 per lot ₹7 Per Lot
Commodity Futures Trading Brokerage 0.004% 0.007%
Commodity Options Trading Brokerage ₹7 Per Lot

Brokerage Plan 3

  Bonanza Trade Smart Online
Account Type Plan 7500 Power Plan (₹15/Order)
Fixed Charges
Equity Delivery Brokerage 0.025% ₹15 per executed order
Equity Intraday Brokerage 0.00312% ₹15 per executed order
Equity Futures Brokerage 0.00312% ₹15 per executed order
Equity Options Brokerage ₹10 per lot ₹15 per executed order
Currency Futures Trading Brokerage 0.0015% ₹15 per executed order
Currency Options Trading Brokerage ₹4 per lot ₹15 per executed order
Commodity Futures Trading Brokerage 0.00208% ₹15 per executed order
Commodity Options Trading Brokerage ₹15 per executed order

Other Charges

Minimum Brokerage Charges Intraday - .0001% and Delivery - .005% ₹15 per executed order
Other Brokerage Charges Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20 per executed order
Call & Trade Charges ₹25 per trade ₹20 per executed order
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Bonanza Vs Trade Smart Online Taxes

  Bonanza Trade Smart Online
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
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Bonanza Vs Trade Smart Online Transaction Charges

  Bonanza Trade Smart Online
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) 0.0035%
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) 0.0035%
Equity Futures NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side) 0.0024%
Equity Options NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium) 0.0715%
Currency Futures NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%) 0.00165%
Currency Options NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium) 0.06%
Commodity MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%) 0.0039%
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Bonanza Vs Trade Smart Online Exposure Margin

  Bonanza Trade Smart Online
Equity Delivery Upto 10x + Interest 1x (no margin)
Equity Intraday Upto 10x 30x trading margin
Equity Futures Upto 3x MIS: 3X | BO: 7X | CO: 7X
Equity Options Upto 2x for shorting MIS: 3X | BO: 7X | CO: 7X
Currency Futures Upto 2x MIS: 3X | BO: 3X | CO: 3X
Currency Options Upto 2x for shorting MIS: 3X | BO: NA | CO: NA
Commodity Futures Upto 3x MIS: 2X | BO: 6X | CO: 6X
Commodity Options MIS: NA | BO: NA | CO: NA
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Bonanza and Trade Smart Online Feature Comparison

  Bonanza Trade Smart Online
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
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 NEST, NOW, Spin
Intraday Square-off Time 3:15 Equity (Cash, F&O): 3.10 PM, Currency: 4.45 PM, Commodity: 30 mins before closing
Other Features
Referral Program Yes
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Bonanza Vs Trade Smart Online Review

  Bonanza Trade Smart Online
  6 Customer Reviews    Rate Bonanza 61 Customer Reviews    Rate Trade Smart Online
Fees 3.2 3.8
Trading Brokerage 3.0 4.4
Trading Platform Usability 3.2 3.8
Customer Service 3.5 4.0
Research Capabilities
Overall Ratings Rated 3.3 stars Rated 4.1 stars
Broker Rating Bonanza is Rated 3.3 / 5 based on 6 customer reviews Trade Smart Online is Rated 4.1 / 5 based on 61 customer reviews
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Contact Broker / Request A Call Back

  Bonanza Enquire Trade Smart Online Enquire
Contact Broker

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

FREE Account Opening (₹400 waived) + Trade at flat ₹15 per order. Get the offer

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Bonanza Vs Trade Smart Online Investment Options

  Bonanza Trade Smart Online
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
Debt No No
Other Investment Options Insurance
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Bonanza Vs Trade Smart Online Customer Service

  Bonanza Trade Smart Online
24/7 Customer Service No No
Onine Live Chat Yes Yes
Through Branches Yes No
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Bonanza Vs Trade Smart Online Order Type Offered

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

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

  Bonanza Trade Smart Online
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Bonanza Vs Trade Smart Online - Advantages and Disadvantages

  Bonanza Trade Smart Online
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...

  • EquiMax funding offers up to 4x times exposure in equity delivery. This facility could be enabled with annual subscription fee of ₹1000.
  • Unlike most of the discount brokers; Trade Smart Online offers 2 unique brokerage plans designed in such a way that it suits every trading strategy. Switching between these plans is made very easy which offers great flexibility.
  • TSO offers to invest in Mutual Funds, bonds and Offer For Sale (OFS). These financial instruments are not available with most discount brokers including other popular discount brokers like Zerodha and RKSV.
  • Excellent referral benefits are available. Customer receives 10% credit of the brokerage generated by the clients referred by them.
  • No minimum amount is needed to open or maintain a trading account with TSO.
  • Customer service is available through live chat on its website. This is very convenient for many customers.
  • Trade Smart Online is in the stock broking industry since 1994.
  • TSO's online knowledge base has lot of information which is helpful for most customers.

More Advantages...

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.

More Disadvantages...

  • Call and Trade is charged at extra ₹20 per executed order.
  • Physical contract notes ₹20 per contract note + courier charges
  • Intraday positions (MIS, CO & BO) squared off by RMS team is charged at ₹20.
  • 24/7 customer service is not available.
  • Facility to invest in IPO's is not available.
  • Doesn't provide daily market report, free tips, news alerts and technical analysis.
  • 3-in-1 accounts are not available as company doesn't provide banking services.

More Disadvantages...

Reviews Useful Articles:
Promo / Offers

AMC are waived off for the 1st year

Limited Time Offer - Free Account Opening (₹400 waived)

Open TradeSmart Trading Account and get Free Trading, Demat and Mutual Fund Account + Trade at flat ₹15 per order.

Get this limited time offer
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