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.
Indiabulls Ventures Ltd (Formerly Indiabulls Securities) is the India-based Stock Broker. IVL is part of Indiabulls Group, a leading business house in India with businesses spread across many sectors including Infrastructure, Power, Real Estate and F...
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, MCX, NCDEX
BSE, NSE, MCX, NCDEX, NFO, CDS
Account Type
Indiabulls Shubh
Default Plan
Broker Enquiry
Year of Incorporation
2000
1994
Number of Branches
22
1784
Indiabulls Vs Bonanza Charges
Indiabulls
Bonanza
Trading Account Opening Fees
₹450
Nil
Trading Account AMC
NIL
Nil
Demat Account Opening Fees
NIL
Nil
Demat Account AMC
₹450 (Free for 1st Year)
Rs 250
Demat Account is Mandatory?
No
No
Indiabulls Vs Bonanza Brokerage
Brokerage Plan 1
Indiabulls
Bonanza
Account Type
Indiabulls Shubh
Default Plan
Fixed Charges
Equity Delivery Brokerage
0%
0.10%
Equity Intraday Brokerage
₹15 per executed order or .01% whichever is lower
0.005%
Equity Futures Brokerage
₹15 per executed order or .01% whichever is lower
0.005%
Equity Options Brokerage
₹15 per lot
Rs 15 per Lot
Currency Futures Trading Brokerage
₹15 per executed order or .01% whichever is lower
0.0025%
Currency Options Trading Brokerage
₹15 per lot
Rs 5 per lot
Commodity Futures Trading Brokerage
0.004%
Commodity Options Trading Brokerage
Brokerage Plan 2
Indiabulls
Bonanza
Account Type
Indiabulls Shubh
Plan 1000
Fixed Charges
Equity Delivery Brokerage
0%
0.1%
Equity Intraday Brokerage
₹15 per executed order or .01% whichever is lower
0.005%
Equity Futures Brokerage
₹15 per executed order or .01% whichever is lower
0.005%
Equity Options Brokerage
₹15 per lot
15 per lot
Currency Futures Trading Brokerage
₹15 per executed order or .01% whichever is lower
.0025%
Currency Options Trading Brokerage
₹15 per lot
5 per lot
Commodity Futures Trading Brokerage
0.004%
Commodity Options Trading Brokerage
Brokerage Plan 3
Indiabulls
Bonanza
Account Type
Indiabulls Shubh
Plan 7500
Fixed Charges
Equity Delivery Brokerage
0%
0.025%
Equity Intraday Brokerage
₹15 per executed order or .01% whichever is lower
0.00312%
Equity Futures Brokerage
₹15 per executed order or .01% whichever is lower
0.00312%
Equity Options Brokerage
₹15 per lot
10 per lot
Currency Futures Trading Brokerage
₹15 per executed order or .01% whichever is lower
0.0015%
Currency Options Trading Brokerage
₹15 per lot
4 per lot
Commodity Futures Trading Brokerage
0.00208%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹0
Intraday - .0001% and Delivery - .005%
Other Brokerage Charges
Call & Trade Charges
₹15
Rs 25 per trade
Indiabulls Vs Bonanza Taxes
Indiabulls
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.
Indiabulls Vs Bonanza Transaction Charges
Indiabulls
Bonanza
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
Indiabulls Vs Bonanza Exposure Margin
Indiabulls
Bonanza
Equity Delivery
1x (no margin)
Upto 10x + Interest
Equity Intraday
Up to 12x (based on the stock)
Upto 10x
Equity Futures
Intraday - 50%(2x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Upto 3x
Equity Options
1x (no margin)
Upto 2x for shorting
Currency Futures
1x (no margin)
Upto 2x
Currency Options
1x (no margin)
Upto 2x for shorting
Commodity Futures
Upto 3x
Commodity Options
Indiabulls and Bonanza Feature Comparison
Indiabulls
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
SHUBH Mobile, SHUBH Web, Power Indiabulls
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
Indiabulls Vs Bonanza Review
Indiabulls
Bonanza
44 Customer Reviews
5 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Indiabulls is Rated 3.2 / 5 based on 44 customer reviews
Bonanza is Rated 3.2 / 5 based on 5 customer reviews
Contact Broker / Request A Call Back
Indiabulls Enquire
Bonanza Enquire
Contact Broker
Indiabulls Vs Bonanza Investment Options
Indiabulls
Bonanza
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Indiabulls Vs Bonanza Customer Service
Indiabulls
Bonanza
24/7 Customer Service
Onine Live Chat
Through Branches
Indiabulls Vs Bonanza Order Type Offered
Indiabulls
Bonanza
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Indiabulls Vs Bonanza Research Report
Indiabulls
Bonanza
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Indiabulls Vs Bonanza Suitable For Investor Type
Indiabulls
Bonanza
Casual Investor
Active Investor
Trader
Indiabulls Vs Bonanza - Advantages and Disadvantages
Indiabulls
Bonanza
Pros
Brokerages free equity delivery trading. Truly no brokerage charges for cash & carry trades.
Pay flat Rs 15 per trade for trade across all other segments.
Margin funding is available at a low cost of 12% per annum.
Free trading software's.
Indiabulls has a good network of branches across India.
Free research reports and trading tips to all the customers.
Years of experience, trust and good track record in stock broker business.
Zerodha
Zero Account Opening Fee