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Bonanza Vs SBI Securities (Compare Bonanza and SBI Securities)

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

Find out Bonanza Vs SBI Securities which is better and Bonanza Vs SBI Securities which is best.

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

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Bonanza Vs SBI Securities

  Bonanza SBI Securities
Find more info about broker
Bonanza Portfolio Ltd Logo SBICAP 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 SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Deri... Know more about SBICAP Securities Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX, NFO, CDS BSE, NSE
Account Type Default Plan eZ-trade
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 SBI Securities. Leave your contact info and we will get in touch with you.
Year of Incorporation 1994 2001
Number of Branches 1784 117
Enquire Bonanza Enquire SBI Securities
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Bonanza Vs SBI Securities Charges

  Bonanza SBI Securities
Trading Account Opening Fees Nil ₹850
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹0
Demat Account AMC ₹250 ₹350
Demat Account is Mandatory? No No
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Bonanza Vs SBI Securities Brokerage

Brokerage Plan 1

  Bonanza SBI Securities
Account Type Default Plan eZ-trade
Fixed Charges
Equity Delivery Brokerage 0.10% 0.50%
Equity Intraday Brokerage 0.005% 0.05%
Equity Futures Brokerage 0.005% 0.05%
Equity Options Brokerage ₹15 per Lot ₹100 per lot
Currency Futures Trading Brokerage 0.0025% 0.03%
Currency Options Trading Brokerage ₹5 per lot ₹30 per lot
Commodity Futures Trading Brokerage 0.004% NA
Commodity Options Trading Brokerage NA
Special Offer

Brokerage Plan 2

  Bonanza SBI Securities
Account Type Plan 1000 eZ-trade
Fixed Charges
Equity Delivery Brokerage 0.1% 0.50%
Equity Intraday Brokerage 0.005% 0.05%
Equity Futures Brokerage 0.005% 0.05%
Equity Options Brokerage ₹15 per lot ₹100 per lot
Currency Futures Trading Brokerage .0025% 0.03%
Currency Options Trading Brokerage ₹5 per lot ₹30 per lot
Commodity Futures Trading Brokerage 0.004% NA
Commodity Options Trading Brokerage NA

Brokerage Plan 3

  Bonanza SBI Securities
Account Type Plan 7500 eZ-trade
Fixed Charges
Equity Delivery Brokerage 0.025% 0.50%
Equity Intraday Brokerage 0.00312% 0.05%
Equity Futures Brokerage 0.00312% 0.05%
Equity Options Brokerage ₹10 per lot ₹100 per lot
Currency Futures Trading Brokerage 0.0015% 0.03%
Currency Options Trading Brokerage ₹4 per lot ₹30 per lot
Commodity Futures Trading Brokerage 0.00208% NA
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges Intraday - .0001% and Delivery - .005% ₹0.05 for Cash, ₹0.01 Future
Other Brokerage Charges
Call & Trade Charges ₹25 per trade ₹10 per call (after 30 free calls a month)
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Bonanza Vs SBI Securities Taxes

  Bonanza SBI Securities
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 SBI Securities Transaction Charges

  Bonanza SBI Securities
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE: 0.00386% | BSE: 0.00384%
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE: 0.00386% | BSE: 0.00384%
Equity Futures NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side) NSE: 0.002206% (₹221/Crore)
Equity Options NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium) NSE: 0.05515% (₹5515/Crore)
Currency Futures NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%) 0.002206%
Currency Options NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium) NSE: 0.05515% (₹5515/Crore)
Commodity MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%)
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Bonanza Vs SBI Securities Exposure Margin

  Bonanza SBI Securities
Equity Delivery Upto 10x + Interest 2x with Intrest
Equity Intraday Upto 10x Upto 5x
Equity Futures Upto 3x Nil
Equity Options Upto 2x for shorting Nil
Currency Futures Upto 2x Nil
Currency Options Upto 2x for shorting Nil
Commodity Futures Upto 3x NA
Commodity Options
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Bonanza and SBI Securities Feature Comparison

  Bonanza SBI Securities
3 in 1 Account No Yes
Charting Yes No
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Omnesys NEST Trader, My E Trade, My E Trade Mobile App SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time 3:15 2:45 PM
Other Features
Referral Program
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Bonanza Vs SBI Securities Review

  Bonanza SBI Securities
  6 Customer Reviews    Rate Bonanza 130 Customer Reviews    Rate SBI Securities
Fees 3.2 3.2
Trading Brokerage 3.0 2.8
Trading Platform Usability 3.2 2.6
Customer Service 3.5 2.8
Research Capabilities
Overall Ratings Rated 3.3 stars Rated 2.6 stars
Broker Rating Bonanza is Rated 3.3 / 5 based on 6 customer reviews SBI Securities is Rated 2.6 / 5 based on 130 customer reviews
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Contact Broker / Request A Call Back

  Bonanza Enquire SBI Securities Enquire
Contact Broker

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

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

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Bonanza Vs SBI Securities Investment Options

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

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

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

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

  Bonanza SBI Securities
Casual Investor Yes
Active Investor Yes
Trader Yes
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Bonanza Vs SBI Securities - Advantages and Disadvantages

  Bonanza SBI Securities
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...

  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.

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...

  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.

More Disadvantages...

Reviews
Promo / Offers

AMC are waived off for the 1st year

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