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Indiabulls Vs Bonanza (Compare Indiabulls and Bonanza)

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

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

Our Indiabulls Ventures Limited comparison with Bonanza Portfolio Ltd highlights the major differences between two brokers. Find the best between Indiabulls and Bonanza.

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Indiabulls Vs Bonanza

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
 
Indiabulls Ventures Limited Logo Bonanza Portfolio Ltd Logo
About the Broker Indiabulls Ventures Ltd (Formerly Indiabulls Securities) is the India-based Stock Broker. ISL is part of Indiabulls Group, a leading business house in India with businesses spread across many sectors including Infrastructure, Power, Real Estate and F... Know more about Indiabulls Ventures Limited 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, NCDEX BSE, NSE, MCX, NCDEX, NFO, CDS
Account Type Power Indiabulls Default Plan
Broker Enquiry Open an Online Trading Account with Indiabulls. 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 2000
Number of Branches 22
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Indiabulls Vs Bonanza Charges

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
Trading Account Opening Fees Rs 750 Nil
Trading Account AMC NIL Nil
Demat Account Opening Fees NIL Nil
Demat Account AMC Rs 450 Rs 250
Demat Account is Mandatory? No No
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Indiabulls Vs Bonanza Brokerage

Brokerage Plan 1

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
Account Type Power Indiabulls Default Plan
Fixed Charges
Equity Delivery Brokerage 0.3% 0.10%
Equity Intraday Brokerage 0.03% 0.005%
Equity Futures Brokerage 0.03% 0.005%
Equity Options Brokerage Rs100/Lot Rs 15 per Lot
Currency Futures Trading Brokerage 0.03% 0.0025%
Currency Options Trading Brokerage Rs100/Lot Rs 5 per lot
Commodity Futures Trading Brokerage 0.03% 0.004%
Commodity Options Trading Brokerage No

Brokerage Plan 2

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
Account Type Power Indiabulls Plan 1000
Fixed Charges
Equity Delivery Brokerage 0.3% 0.1%
Equity Intraday Brokerage 0.03% 0.005%
Equity Futures Brokerage 0.03% 0.005%
Equity Options Brokerage Rs100/Lot 15 per lot
Currency Futures Trading Brokerage 0.03% .0025%
Currency Options Trading Brokerage Rs100/Lot 5 per lot
Commodity Futures Trading Brokerage 0.03% 0.004%
Commodity Options Trading Brokerage No

Brokerage Plan 3

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
Account Type Power Indiabulls Plan 7500
Fixed Charges
Equity Delivery Brokerage 0.3% 0.025%
Equity Intraday Brokerage 0.03% 0.00312%
Equity Futures Brokerage 0.03% 0.00312%
Equity Options Brokerage Rs100/Lot 10 per lot
Currency Futures Trading Brokerage 0.03% 0.0015%
Currency Options Trading Brokerage Rs100/Lot 4 per lot
Commodity Futures Trading Brokerage 0.03% 0.00208%
Commodity Options Trading Brokerage No

Other Charges

Minimum Brokerage Charges 3 paisa per share Intraday - .0001% and Delivery - .005%
Other Brokerage Charges
Call & Trade Charges Nil Rs 25 per trade
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Indiabulls Vs Bonanza Taxes

  Indiabulls Ventures Limited 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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Indiabulls Vs Bonanza Transaction Charges

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
Equity Delivery 0.00325% NSE ₹325 | BSE ₹275
Equity Intraday 0.00325% NSE ₹325 | BSE ₹275
Equity Futures 0.0025% NSE ₹215 | BSE ₹75
Equity Options 0.055% on Premium NSE ₹5750 | BSE ₹3250
Currency Futures 0.0025% NSE ₹135 | BSE ₹29
Currency Options 0.055% on Premium NSE ₹4750 | BSE ₹754
Commodity 0.003% MCX - Non Agri ₹235 | MCX - Agri ₹100
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Indiabulls Vs Bonanza Exposure Margin

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
Equity Delivery Upto 4x with 16% interest per year Upto 10x + Interest
Equity Intraday Upto 10x Upto 10x
Equity Futures Upto 3x Upto 3x
Equity Options Upto 3x for shorting Upto 2x for shorting
Currency Futures Nil Upto 2x
Currency Options Nil Upto 2x for shorting
Commodity Futures Upto 3x Upto 3x
Commodity Options
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Indiabulls and Bonanza Feature Comparison

  Indiabulls Ventures Limited 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
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Power Indiabulls, SHUBH Web, SHUBH Mobile Omnesys NEST Trader, My E Trade, My E Trade Mobile App
Intraday Square-off Time 3:15
Other Features Live News, World market summary
Referral Program
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Indiabulls Vs Bonanza Review

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
  44 Customer Reviews    Rate Indiabulls 5 Customer Reviews    Rate Bonanza
Fees Ratings 3.4 2.8
Trading Brokerage Rating 3.1 3.0
Trading Platform Usability 3.7 3.2
Customer Service Ratings 3.1 3.4
Overall Ratings Rated 3.2 stars Rated 3.2 stars
Broker Rating Indiabulls is Rated 3.2 / 5 based on 44 customer reviews Bonanza is Rated 3.2 / 5 based on 5 customer reviews
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Contact Broker / Request A Call Back

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
Contact / Request Call Back
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Indiabulls Vs Bonanza Investment Options

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
Stock / Equity Yes Yes
Commodity Yes 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
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Indiabulls Vs Bonanza Customer Service

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
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Indiabulls Vs Bonanza Order Type Offered

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

  Indiabulls Ventures Limited 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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Indiabulls Vs Bonanza Suitable For Investor Type

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Indiabulls Vs Bonanza - Advantages and Disadvantages

  Indiabulls Ventures Limited Bonanza Portfolio Ltd
Pros
  • Indiabulls has good network of branches across India.
  • Brokerage is negotiable and can be reduced up to 50-60%.
  • Power Indiabulls is available for Apple's Mac and Linux OS.
  • 10 times exposure for intraday trades.
  • Indiabulls provides trading platforms which are easy to use, rich in features and to suite different customer needs. Power Indiabulls Trading Terminal, Online Trading Website and Mobile Power Indiabulls trading platform are 3 platforms offered by them.
  • Indiabulls has branches and sub brokers in almost every city in India. This helps customers who feel comfortable dealing with people.
  • Indiabulls offers 2-in-1 account which includes share trading and demat account.

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
  • Power Indiabulls Trading Terminal cost Rs 750 one time change.
  • There are no standard rates, fees or brokerage published on website. You should be very careful with hidden changes.
  • No centralized support or sales team. Business is done through branches and sub-brokers.
  • Indiabulls doesn't provide 3-in-1 account

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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