ICICIDirect Vs Bonanza (Compare ICICIDirect and Bonanza)
The side-by-side comparison of ICICIDirect and Bonanza. Compare ICICIDirect Vs Bonanza brokerage, charges, exposure margin, demat account. Read Bonanza and ICICIDirect review.
Find out ICICIDirect Vs Bonanza which is better and ICICIDirect Vs Bonanza which is best.
Our ICICI Securities Pvt Ltd. comparison with Bonanza Portfolio Ltd highlights the major differences between two brokers. Find the best between ICICIDirect and Bonanza.
ICICIdirect is a retail trading and investment service from ICICI Securities, the largest retail stock broker firm in India offering a wide range of investment options to the retail and institutional customers. ICICI Securities is part of ICICI Group...
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...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE
BSE, NSE, MCX, NCDEX, NFO, CDS
Account Type
3-in-1 Account (I-Secure Plan)
Default Plan
Broker Enquiry
Year of Incorporation
2000
1994
Number of Branches
154
1784
ICICIDirect Vs Bonanza Charges
ICICIDirect
Bonanza
Trading Account Opening Fees
₹975
Nil
Trading Account AMC
₹0
Nil
Demat Account Opening Fees
₹0
Nil
Demat Account AMC
₹450
Rs 250
Demat Account is Mandatory?
No
No
ICICIDirect Vs Bonanza Brokerage
Brokerage Plan 1
ICICIDirect
Bonanza
Account Type
3-in-1 Account (I-Secure Plan)
Default Plan
Fixed Charges
Equity Delivery Brokerage
0.55%
0.10%
Equity Intraday Brokerage
0.275%
0.005%
Equity Futures Brokerage
0.05% to 0.03%
0.005%
Equity Options Brokerage
₹95 to ₹35 per lot
Rs 15 per Lot
Currency Futures Trading Brokerage
0.050% to 0.030%
0.0025%
Currency Options Trading Brokerage
₹25 to ₹10 per lot
Rs 5 per lot
Commodity Futures Trading Brokerage
NA
0.004%
Commodity Options Trading Brokerage
NA
Brokerage Plan 2
ICICIDirect
Bonanza
Account Type
I-Saver Plan
Plan 1000
Fixed Charges
Equity Delivery Brokerage
0.75% to 0.25%
0.1%
Equity Intraday Brokerage
0.75% to 0.25%
0.005%
Equity Futures Brokerage
0.05% to 0.03%
0.005%
Equity Options Brokerage
₹95 to ₹65 per lot
15 per lot
Currency Futures Trading Brokerage
0.05% to 0.03%
.0025%
Currency Options Trading Brokerage
0.25 to ₹65 per lot
5 per lot
Commodity Futures Trading Brokerage
NA
0.004%
Commodity Options Trading Brokerage
NA
Brokerage Plan 3
ICICIDirect
Bonanza
Account Type
ICICIdirect Prime Plan
Plan 7500
Fixed Charges
₹900
Equity Delivery Brokerage
0.25%
0.025%
Equity Intraday Brokerage
0.25%
0.00312%
Equity Futures Brokerage
0.025%
0.00312%
Equity Options Brokerage
₹35
10 per lot
Currency Futures Trading Brokerage
₹0
0.0015%
Currency Options Trading Brokerage
₹0
4 per lot
Commodity Futures Trading Brokerage
NA
0.00208%
Commodity Options Trading Brokerage
NA
Other Charges
Minimum Brokerage Charges
₹35 per trade
Intraday - .0001% and Delivery - .005%
Other Brokerage Charges
Call & Trade Charges
₹25 per call after first 20 free calls per month
Rs 25 per trade
ICICIDirect Vs Bonanza Taxes
ICICIDirect
Bonanza
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)
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.
ICICIDirect Vs Bonanza Transaction Charges
ICICIDirect
Bonanza
Equity Delivery
NSE: 0.0031% | BSE: 0.0028%
NSE ₹325 | BSE ₹275
Equity Intraday
NSE: 0.0031% | BSE: 0.0028%
NSE ₹325 | BSE ₹275
Equity Futures
0.0018%
NSE ₹215 | BSE ₹75
Equity Options
0.05% on Premium
NSE ₹5750 | BSE ₹3250
Currency Futures
0.0012%
NSE ₹135 | BSE ₹29
Currency Options
0.05% on Premium
NSE ₹4750 | BSE ₹754
Commodity
NA
MCX - Non Agri ₹235 | MCX - Agri ₹100
ICICIDirect Vs Bonanza Exposure Margin
ICICIDirect
Bonanza
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
ICICIDirect and Bonanza Feature Comparison
ICICIDirect
Bonanza
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
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
ICICIDirect Vs Bonanza Review
ICICIDirect
Bonanza
404 Customer Reviews
6 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
ICICIDirect is Rated 2.4 / 5 based on 404 customer reviews
Bonanza is Rated 3.3 / 5 based on 6 customer reviews
ICICI 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.
Zerodha
Zero Account Opening Fee