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Geojit Vs Bonanza (Compare Geojit and Bonanza)

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

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

Our Geojit BNP Paribas comparison with Bonanza Portfolio Ltd highlights the major differences between two brokers. Find the best between Geojit and Bonanza.

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Geojit Vs Bonanza

  Geojit BNP Paribas Bonanza Portfolio Ltd
 
Geojit BNP Paribas Logo Bonanza Portfolio Ltd Logo
About the Broker Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf. Geojit BNP Paribas is cash equity and derivatives broker with extensive experie... Know more about Geojit BNP Paribas 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
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX-SX BSE, NSE, MCX, NCDEX, NFO, CDS
Account Type Online Trading Default Plan
Broker Enquiry Open an Online Trading Account with Geojit. Leave your contact info and we will get in touch with you. 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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Geojit Vs Bonanza Charges

  Geojit BNP Paribas Bonanza Portfolio Ltd
Trading Account Opening Fees Rs 425 Nil
Trading Account AMC NIL Nil
Demat Account Opening Fees NIL Nil
Demat Account AMC Rs 0 Rs 250
Demat Account is Mandatory? No No
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Geojit Vs Bonanza Brokerage

Brokerage Plan 1

  Geojit BNP Paribas Bonanza Portfolio Ltd
Account Type Online Trading Default Plan
Fixed Charges
Equity Delivery Brokerage 0.30% 0.10%
Equity Intraday Brokerage 0.03% 0.005%
Equity Futures Brokerage 0.03% 0.005%
Equity Options Brokerage Rs 125 per contract Rs 15 per Lot
Currency Futures Trading Brokerage 0.03% 0.0025%
Currency Options Trading Brokerage Rs 125 per contract Rs 5 per lot
Commodity Futures Trading Brokerage NA 0.004%
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  Geojit BNP Paribas Bonanza Portfolio Ltd
Account Type Online Trading Plan 1000
Fixed Charges
Equity Delivery Brokerage 0.30% 0.1%
Equity Intraday Brokerage 0.03% 0.005%
Equity Futures Brokerage 0.03% 0.005%
Equity Options Brokerage Rs 125 per contract 15 per lot
Currency Futures Trading Brokerage 0.03% .0025%
Currency Options Trading Brokerage Rs 125 per contract 5 per lot
Commodity Futures Trading Brokerage NA 0.004%
Commodity Options Trading Brokerage NA

Brokerage Plan 3

  Geojit BNP Paribas Bonanza Portfolio Ltd
Account Type Online Trading Plan 7500
Fixed Charges
Equity Delivery Brokerage 0.30% 0.025%
Equity Intraday Brokerage 0.03% 0.00312%
Equity Futures Brokerage 0.03% 0.00312%
Equity Options Brokerage Rs 125 per contract 10 per lot
Currency Futures Trading Brokerage 0.03% 0.0015%
Currency Options Trading Brokerage Rs 125 per contract 4 per lot
Commodity Futures Trading Brokerage NA 0.00208%
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges 1p per share or Rs 20/contract whichever is higher Intraday - .0001% and Delivery - .005%
Other Brokerage Charges
Call & Trade Charges Rs 25 per trade
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Geojit Vs Bonanza Taxes

  Geojit BNP Paribas Bonanza Portfolio 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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Geojit Vs Bonanza Transaction Charges

  Geojit BNP Paribas Bonanza Portfolio Ltd
Equity Delivery 0.00325% NSE ₹325 | BSE ₹275
Equity Intraday 0.00325% NSE ₹325 | BSE ₹275
Equity Futures 0.0021% NSE ₹215 | BSE ₹75
Equity Options 0.055% on premium NSE ₹5750 | BSE ₹3250
Currency Futures 0.00145% NSE ₹135 | BSE ₹29
Currency Options 0.0473% on premium NSE ₹4750 | BSE ₹754
Commodity NA MCX - Non Agri ₹235 | MCX - Agri ₹100
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Geojit Vs Bonanza Exposure Margin

  Geojit BNP Paribas Bonanza Portfolio Ltd
Equity Delivery Upto 7x with 22% interest per year Upto 10x + Interest
Equity Intraday Upto 10x Upto 10x
Equity Futures No additional leverage Upto 3x
Equity Options No additional leverage Upto 2x for shorting
Currency Futures No additional leverage Upto 2x
Currency Options No additional leverage Upto 2x for shorting
Commodity NA Upto 3x
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Geojit and Bonanza Feature Comparison

  Geojit BNP Paribas Bonanza Portfolio 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 Selfie Platinum, Selfie Gold, Mobile App Omnesys NEST Trader, My E Trade, My E Trade Mobile App
Intraday Square-off Time 3:15
Other Features
Referral Program
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Geojit Vs Bonanza Review

  Geojit BNP Paribas Bonanza Portfolio Ltd
  93 Customer Reviews    Rate Geojit 5 Customer Reviews    Rate Bonanza
Fees Ratings 3.7 2.8
Trading Brokerage Rating 3.3 3.0
Trading Platform Usability 4.1 3.2
Customer Service Ratings 3.8 3.4
Overall Ratings Rated 3.8 stars Rated 3.2 stars
Broker Rating Geojit is Rated 3.8 / 5 based on 93 customer reviews Bonanza is Rated 3.2 / 5 based on 5 customer reviews
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Contact Broker / Request A Call Back

  Geojit BNP Paribas Bonanza Portfolio Ltd
Contact / Request Call Back
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Geojit Vs Bonanza Investment Options

  Geojit BNP Paribas Bonanza Portfolio Ltd
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options Insurance Insurance
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Geojit Vs Bonanza Customer Service

  Geojit BNP Paribas Bonanza Portfolio Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
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Geojit Vs Bonanza Order Type Offered

  Geojit BNP Paribas Bonanza Portfolio Ltd
Bracket Order No No
Cover Order No No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Geojit Vs Bonanza Research Report

  Geojit BNP Paribas Bonanza Portfolio Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Geojit Vs Bonanza Suitable For Investor Type

  Geojit BNP Paribas Bonanza Portfolio Ltd
Casual Investor
Active Investor Yes Yes
Trader Yes
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Geojit Vs Bonanza - Advantages and Disadvantages

  Geojit BNP Paribas Bonanza Portfolio Ltd
Pros

More Advantages...

  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...

Cons 1. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional Rs 20 per Contract or 5 paisa per share whichever is higher.

More Disadvantages...

  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...

Reviews
Promo / Offers

AMC are waived off for the 1st year

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