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Reliance Securities Vs Bonanza (Compare Reliance Securities and Bonanza)

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

Find out Reliance Securities Vs Bonanza which is better and Reliance Securities Vs Bonanza which is best.

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

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Reliance Securities Vs Bonanza

  Reliance Securities Limited Bonanza Portfolio Ltd
 
Reliance Securities Limited Logo Bonanza Portfolio Ltd Logo
About the Broker Reliance Securities, A Reliance Capital Limited Company, is the financial services division of Reliance Anil Dhirubhai Ambani (ADA) Group. Reliance ADA group is among top 3 business houses in India with wide range of presence across various sectors. ... Know more about Reliance Securities 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 BSE, NSE, MCX, NCDEX, NFO, CDS
Account Type R Fixed Online Default Plan
Broker Enquiry Open an Online Trading Account with Reliance Securities. 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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Reliance Securities Vs Bonanza Charges

  Reliance Securities Limited Bonanza Portfolio Ltd
Trading Account Opening Fees Rs 950 Nil
Trading Account AMC Rs 0 Nil
Demat Account Opening Fees Rs 0 Nil
Demat Account AMC Rs 400 Rs 250
Demat Account is Mandatory? No No
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Reliance Securities Vs Bonanza Brokerage

Brokerage Plan 1

  Reliance Securities Limited Bonanza Portfolio Ltd
Account Type R Fixed Online Default Plan
Fixed Charges NA
Equity Delivery Brokerage 0.40% 0.10%
Equity Intraday Brokerage 0.04% 0.005%
Equity Futures Brokerage 0.04% 0.005%
Equity Options Brokerage ₹100 per lot Rs 15 per Lot
Currency Futures Trading Brokerage 0.04% 0.0025%
Currency Options Trading Brokerage ₹100 per lot Rs 5 per lot
Commodity Futures Trading Brokerage NA 0.004%
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  Reliance Securities Limited Bonanza Portfolio Ltd
Account Type R Fixed Plan 1000
Fixed Charges NA
Equity Delivery Brokerage 0.50% 0.1%
Equity Intraday Brokerage 0.05% 0.005%
Equity Futures Brokerage 0.05% 0.005%
Equity Options Brokerage ₹100 per lot 15 per lot
Currency Futures Trading Brokerage .0025%
Currency Options Trading Brokerage 5 per lot
Commodity Futures Trading Brokerage 0.004%
Commodity Options Trading Brokerage

Brokerage Plan 3

  Reliance Securities Limited Bonanza Portfolio Ltd
Account Type R Fixed Online Plan 7500
Fixed Charges NA
Equity Delivery Brokerage 0.40% 0.025%
Equity Intraday Brokerage 0.04% 0.00312%
Equity Futures Brokerage 0.04% 0.00312%
Equity Options Brokerage ₹100 per lot 10 per lot
Currency Futures Trading Brokerage 0.04% 0.0015%
Currency Options Trading Brokerage ₹100 per lot 4 per lot
Commodity Futures Trading Brokerage NA 0.00208%
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges 5 paise per share Intraday - .0001% and Delivery - .005%
Other Brokerage Charges Physical contract note: ₹40 | Physical Ledger: ₹40
Call & Trade Charges ₹20 per call (First 20 calls free) Rs 25 per trade
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Reliance Securities Vs Bonanza Taxes

  Reliance Securities 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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Reliance Securities Vs Bonanza Transaction Charges

  Reliance Securities Limited Bonanza Portfolio Ltd
Equity Delivery 0.0035% NSE ₹325 | BSE ₹275
Equity Intraday 0.0035% NSE ₹325 | BSE ₹275
Equity Futures 0.0033% NSE ₹215 | BSE ₹75
Equity Options 0.063% on premium NSE ₹5750 | BSE ₹3250
Currency Futures NSE ₹135 | BSE ₹29
Currency Options NSE ₹4750 | BSE ₹754
Commodity NA MCX - Non Agri ₹235 | MCX - Agri ₹100
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Reliance Securities Vs Bonanza Exposure Margin

  Reliance Securities Limited Bonanza Portfolio Ltd
Equity Delivery Upto 3x with 21% interest per year Upto 10x + Interest
Equity Intraday Upto 10x Upto 10x
Equity Futures Upto 3x Upto 3x
Equity Options Nil Upto 2x for shorting
Currency Futures Nil Upto 2x
Currency Options Nil Upto 2x for shorting
Commodity NA Upto 3x
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Reliance Securities and Bonanza Feature Comparison

  Reliance Securities 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 Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform InstaXpress, InstaPlus, Tick, Tick PRO, R Mobile express Omnesys NEST Trader, My E Trade, My E Trade Mobile App
Intraday Square-off Time 3:15
Other Features Mobile Application: Rmobile Xpress
Referral Program
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Reliance Securities Vs Bonanza Review

  Reliance Securities Limited Bonanza Portfolio Ltd
  61 Customer Reviews    Rate Reliance Securities 5 Customer Reviews    Rate Bonanza
Fees Ratings 3.5 2.8
Trading Brokerage Rating 3.3 3.0
Trading Platform Usability 3.3 3.2
Customer Service Ratings 3.4 3.4
Overall Ratings Rated 3.3 stars Rated 3.2 stars
Broker Rating Reliance Securities is Rated 3.3 / 5 based on 61 customer reviews Bonanza is Rated 3.2 / 5 based on 5 customer reviews
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Contact Broker / Request A Call Back

  Reliance Securities Limited Bonanza Portfolio Ltd
Contact / Request Call Back
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Reliance Securities Vs Bonanza Investment Options

  Reliance Securities 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 No No
Other Investment Options Option strategies, R Model Portfolio Insurance
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Reliance Securities Vs Bonanza Customer Service

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

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

  Reliance Securities 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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Reliance Securities Vs Bonanza Suitable For Investor Type

  Reliance Securities Limited Bonanza Portfolio Ltd
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
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Reliance Securities Vs Bonanza - Advantages and Disadvantages

  Reliance Securities Limited 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

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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