The side-by-side comparison of ICICI Direct and Bonanza. Compare ICICI Direct Vs Bonanza brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best ICICI Direct vs Bonanza?
ICICI Direct
ICICI Direct is a retail trading and investment service from ICICI Securities, one of the largest retail stock broker firm in India. It offers a wide range of investment options. ICICI Securities is part of ICICI Group, India's top financial service provider offering banking and other financial services. ICICI Securities offers 'online trading and investment' services to over 50 lakhs customers through ICICI Direct (ICICIDirect.com).
ICICIDirect.com is the flagship website of ICICI Bank. This w...
Bonanza
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 provides depository services. Bonanza has pan-India presence across more than 1784 outlets spread across 560 cities.
The company operates in the cash and derivative segments of both NSE and BSE. It also has membership of Multi Commodity Exchange (MCX), N...
Incorporated in 2000, ICICI Direct is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1994, Bonanza is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, NFO, CDS. It has 1784 branches across India.
ICICI Direct | Bonanza | |
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Type of Broker | Full Service Broker | Full Service Broker |
Supported Exchnages | BSE, NSE | BSE, NSE, MCX, NCDEX, NFO, CDS |
Account Type | 3-in-1 Account (I-Secure Plan) | Flat Brokerage Plan |
Year of Incorporation | 2000 | 1994 |
Number of Branches | 154 | 1784 |
Broker Enquiry |
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ICICI Direct trading account opening charges is Rs 0 while Bonanza account opening changes is Rs 999. ICICI Direct Demat Account AMC Charges is Rs 300 (from 2nd year) and Bonanza Demat Account AMC Charges is Nil.
ICICI Direct | Bonanza | |
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Trading Account Opening Charges | Rs 0 | Rs 999 |
Trading Account AMC Charges | Rs 0 | Nil |
Demat Account Opening Charges | Rs 0 | Nil |
Demat Account AMC Charges | Rs 300 (from 2nd year) | Nil |
ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Bonanza brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order.
ICICI Direct | Bonanza | |
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Account Type | 3-in-1 Account (I-Secure Plan) | Flat Brokerage Plan |
Fixed Charges | ||
Equity Delivery Brokerage | 0.55% | Rs 18 per executed order |
Equity Intraday Brokerage | 0.275% | Rs 18 per executed order |
Equity Futures Brokerage | 0.05% to 0.03% | Rs 18 per executed order |
Equity Options Brokerage | Rs 95 to Rs 35 per lot | Rs 18 per executed order |
Currency Futures Trading Brokerage | 0.050% to 0.030% | Rs 18 per executed order |
Currency Options Trading Brokerage | Rs 25 to Rs 10 per lot | Rs 18 per executed order |
Commodity Futures Trading Brokerage | NA | Rs 18 per executed order |
Commodity Options Trading Brokerage | NA | Rs 18 per executed order |
Special Offer | Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback. |
ICICI Direct | Bonanza | |
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Account Type | I-Saver Plan | Flat Brokerage Plan |
Fixed Charges | ||
Equity Delivery Brokerage | 0.75% to 0.25% | Rs 18 per executed order |
Equity Intraday Brokerage | 0.75% to 0.25% | Rs 18 per executed order |
Equity Futures Brokerage | 0.05% to 0.03% | Rs 18 per executed order |
Equity Options Brokerage | Rs 95 to Rs 65 per lot | Rs 18 per executed order |
Currency Futures Trading Brokerage | 0.05% to 0.03% | Rs 18 per executed order |
Currency Options Trading Brokerage | 0.25 to Rs 65 per lot | Rs 18 per executed order |
Commodity Futures Trading Brokerage | NA | Rs 18 per executed order |
Commodity Options Trading Brokerage | NA | Rs 18 per executed order |
Enquire ICICI Direct | Enquire Bonanza |
ICICI Direct | Bonanza | |
---|---|---|
Account Type | ICICIdirect Prime Plan | Flat Brokerage Plan |
Fixed Charges | Rs 900 | |
Equity Delivery Brokerage | 0.25% | Rs 18 per executed order |
Equity Intraday Brokerage | 0.25% | Rs 18 per executed order |
Equity Futures Brokerage | 0.025% | Rs 18 per executed order |
Equity Options Brokerage | Rs 35 | Rs 18 per executed order |
Currency Futures Trading Brokerage | Rs 0 | Rs 18 per executed order |
Currency Options Trading Brokerage | Rs 0 | Rs 18 per executed order |
Commodity Futures Trading Brokerage | NA | Rs 18 per executed order |
Commodity Options Trading Brokerage | NA | Rs 18 per executed order |
Enquire ICICI Direct | Enquire Bonanza |
Minimum Brokerage Charges | Rs 35 per trade | Intraday - .0001% and Delivery - .005% |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 25 per call after first 20 free calls per month | Rs 25 per trade |
ICICI Direct transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Bonanza exchange transaction charges for options is NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium).
ICICI Direct | Bonanza | |
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Equity Delivery | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) |
Equity Intraday | NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side) | NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) |
Equity Futures | Rs 180 per Cr (0.0018%) | NSE Rs 215 per Cr (0.00215%) | BSE Rs 75 per Cr (0.00075%) (each side) |
Equity Options | Rs 5000 per Cr (0.05%) (on premium) | NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) |
Currency Futures | Rs 120 per Cr (0.0012%) | NSE Rs 135 per Cr (0.00135%) | BSE Rs 29 per Cr (0.00029%) |
Currency Options | Rs 5000 per Cr (0.05%) (on premium) | NSE Rs 4750 per Cr (0.0475%) | BSE Rs 754 per Cr (0.00754%) (on premium) |
Commodity | NA | MCX - Non Agri Rs 235 per Cr (0.00235%) | MCX - Agri Rs 100 per Cr (0.001%) |
Enquire ICICI Direct | Enquire Bonanza |
ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Bonanza margin for intraday cash is Upto 10x.
ICICI Direct | Bonanza | |
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Equity Delivery | 5x with Interest | Upto 10x + Interest |
Equity Intraday | Upto 25x | Upto 10x |
Equity Futures | 4x | Upto 3x |
Equity Options | 2x for shorting | Upto 2x for shorting |
Currency Futures | NA | Upto 2x |
Currency Options | NA | Upto 2x for shorting |
Commodity Futures | NA | Upto 3x |
Commodity Options | ||
Enquire ICICI Direct | Enquire Bonanza |
The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Bonanza offers Omnesys NEST Trader, My E Trade, My E Trade Mobile App trading software.
ICICI Direct | Bonanza | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App | Omnesys NEST Trader, My E Trade, My E Trade Mobile App |
Intraday Square-off Time | 3:30 PM | 3:15 |
Other Features | Bullet Trading, Can trade in 32 exchanges through Saxo Trader | |
Referral Program | ||
Enquire ICICI Direct | Enquire Bonanza |
ICICI Direct is rated 2.4 of 5 based on 440 customer reviews whereas Bonanza is rated 3.6 of 5 based on 7 customer reviews.
ICICI Direct | Bonanza | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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Enquire ICICI Direct | Enquire Bonanza |
ICICI Direct | Bonanza | |
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Pros |
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Cons |
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Reviews | ||
Promo / Offers | ICICI 3-in-1 AccountICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits. Interested in opening a trading account? Request Callback from a stock broker. |
AMC are waived off for the 1st year |
Enquire ICICI Direct | Enquire Bonanza |
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