The side-by-side comparison of Bonanza Portfolio Ltd and Zerodha stock brokers in India. The comparison below highlights the similarities and differences between Bonanza and Zerodha's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Bonanza and Zerodha.
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...
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed...
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
Stock Broker Fees / Charges
Bonanza Portfolio Ltd
Zerodha
Trading Account Opening Fees
Nil
₹300
Trading Account AMC
Nil
₹0 (Free)
Demat Account Opening Fees
Nil
₹100
Demat Account AMC
Rs 250
₹300
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
Bonanza Portfolio Ltd
Zerodha
Account Type
Default Plan
Standard Plan
Fixed Charges
Equity Delivery Brokerage
0.10%
₹0 (Free)
Equity Intraday Brokerage
0.005%
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.005%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
Rs 15 per Lot
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.0025%
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
Rs 5 per lot
₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
0.004%
₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
Brokerage Plan 2
Bonanza Portfolio Ltd
Zerodha
Account Type
Plan 1000
Standard Plan
Fixed Charges
Equity Delivery Brokerage
0.1%
₹0 (Free)
Equity Intraday Brokerage
0.005%
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.005%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
15 per lot
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
.0025%
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
5 per lot
₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
0.004%
₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
Brokerage Plan 3
Bonanza Portfolio Ltd
Zerodha
Account Type
Plan 7500
Standard Plan
Fixed Charges
Equity Delivery Brokerage
0.025%
₹0 (Free)
Equity Intraday Brokerage
0.00312%
₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.00312%
₹20 per executed order or .01% whichever is lower
Equity Options Brokerage
10 per lot
₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.0015%
₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
4 per lot
₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
0.00208%
₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
₹20 per executed order or .01% whichever is lower
Other Charges
Minimum Brokerage Charges
Intraday - .0001% and Delivery - .005%
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges
Rs 25 per trade
₹20 per executed order
Taxes
Bonanza Portfolio Ltd
Zerodha
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.
Transaction Charges
Bonanza Portfolio Ltd
Zerodha
Equity Delivery
NSE ₹325 | BSE ₹275
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Intraday
NSE ₹325 | BSE ₹275
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Futures
NSE ₹215 | BSE ₹75
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side)
Equity Options
NSE ₹5750 | BSE ₹3250
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium)
Currency Futures
NSE ₹135 | BSE ₹29
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
Currency Options
NSE ₹4750 | BSE ₹754
NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium)
Commodity
MCX - Non Agri ₹235 | MCX - Agri ₹100
Group A - ₹260 per Cr (0.0026%)
Exposure
Bonanza Portfolio Ltd
Zerodha
Equity Delivery
Upto 10x + Interest
1x (no margin)
Equity Intraday
Upto 10x
Up to 20x (based on the stock)
Equity Futures
Upto 3x
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options
Upto 2x for shorting
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures
Upto 2x
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options
Upto 2x for shorting
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity
Upto 3x
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Share Broker Features
Bonanza Portfolio Ltd
Zerodha
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
Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Intraday Square-off Time
3:15
3:10 PM
Other Features
Direct Mutual Funds, APIs
Broker Ratings (Average User Rating)
Bonanza Portfolio Ltd
Zerodha
5 Customer Reviews
330 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Bonanza is Rated 3.2 / 5 based on 5 customer reviews
Zerodha is Rated 3.7 / 5 based on 330 customer reviews
Contact Broker / Request A Call Back
Bonanza Portfolio Ltd
Zerodha
Contact / Request Call Back
Investment Options Available
Bonanza Portfolio Ltd
Zerodha
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Customer Service Offered
Bonanza Portfolio Ltd
Zerodha
24/7 Customer Service
Onine Live Chat
Through Branches
Order Type
Bonanza Portfolio Ltd
Zerodha
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Research / Tips / Reports Published
Bonanza Portfolio Ltd
Zerodha
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Suitable for Investor Category
Bonanza Portfolio Ltd
Zerodha
Casual Investor
Active Investor
Trader
Pros, Cons and Other Review Comments
Bonanza Portfolio Ltd
Zerodha
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
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
Zerodha
Zero Account Opening Fee