Unlimited Trading @ Rs 899 per month - Prostocks

Sharekhan Vs Bonanza (Compare Sharekhan and Bonanza)

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

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

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

Expand

Sharekhan Vs Bonanza

  Sharekhan Bonanza
Find more info about broker
Sharekhan Logo Bonanza Portfolio Ltd Logo
About the Broker Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f... Know more about Sharekhan 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 BSE, NSE, MCX, NCDEX, NFO, CDS
Account Type Classic Account Default Plan
Broker Enquiry Open an Online Trading Account with Sharekhan. 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 1994
Number of Branches 2800 1784
Enquire Sharekhan Enquire Bonanza
Expand

Sharekhan Vs Bonanza Charges

  Sharekhan Bonanza
Trading Account Opening Fees ₹0 (Free) Nil
Trading Account AMC ₹0 (Free) Nil
Demat Account Opening Fees ₹0 (Free) Nil
Demat Account AMC ₹400 (Free for 1st year) ₹250
Demat Account is Mandatory? No No
Expand

Sharekhan Vs Bonanza Brokerage

Brokerage Plan 1

  Sharekhan Bonanza
Account Type Classic Account Default Plan
Fixed Charges
Equity Delivery Brokerage 0.50% 0.10%
Equity Intraday Brokerage 0.10% 0.005%
Equity Futures Brokerage 0.10% 0.005%
Equity Options Brokerage ₹50 per lot ₹15 per Lot
Currency Futures Trading Brokerage 0.10% 0.0025%
Currency Options Trading Brokerage ₹30 per lot ₹5 per lot
Commodity Futures Trading Brokerage 0.03% 0.004%
Commodity Options Trading Brokerage 0.03%
Special Offer
Special Offer: Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

Brokerage Plan 2

  Sharekhan Bonanza
Account Type Prepaid - ₹1 Lakh Plan 1000
Fixed Charges ₹1,00,000 per year
Equity Delivery Brokerage 0.10% 0.1%
Equity Intraday Brokerage 0.015% 0.005%
Equity Futures Brokerage 0.015% 0.005%
Equity Options Brokerage 0.05% or ₹63 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

  Sharekhan Bonanza
Account Type Margin - ₹1 Lakh Plan 7500
Fixed Charges ₹1,00,000 margin
Equity Delivery Brokerage 0.25% 0.025%
Equity Intraday Brokerage 0.05% 0.00312%
Equity Futures Brokerage 0.05% 0.00312%
Equity Options Brokerage 1% or ₹70 per lot ₹10 per lot
Currency Futures Trading Brokerage 0.0015%
Currency Options Trading Brokerage ₹4 per lot
Commodity Futures Trading Brokerage 0.00208%
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share Intraday - .0001% and Delivery - .005%
Other Brokerage Charges
Call & Trade Charges Rs 20 ₹25 per trade
Expand

Sharekhan Vs Bonanza Taxes

  Sharekhan Bonanza
Securities Transaction Tax (STT)
Equity Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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.
Expand

Sharekhan Vs Bonanza Transaction Charges

  Sharekhan Bonanza
Equity Delivery NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Intraday NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side) NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
Equity Futures NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side) NSE ₹215 per Cr (0.00215%) | BSE ₹75 per Cr (0.00075%) (each side)
Equity Options NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium) NSE ₹5750 per Cr (0.0575%) | BSE ₹3250 per Cr (0.0325%) (on premium)
Currency Futures NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%) NSE ₹135 per Cr (0.00135%) | BSE ₹29 per Cr (0.00029%)
Currency Options NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium) NSE ₹4750 per Cr (0.0475%) | BSE ₹754 per Cr (0.00754%) (on premium)
Commodity MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%) MCX - Non Agri ₹235 per Cr (0.00235%) | MCX - Agri ₹100 per Cr (0.001%)
Expand

Sharekhan Vs Bonanza Exposure Margin

  Sharekhan Bonanza
Equity Delivery Upto 5x with 24% interest per year Upto 10x + Interest
Equity Intraday Upto 10x Upto 10x
Equity Futures 2x for Intraday Upto 3x
Equity Options Nil Upto 2x for shorting
Currency Futures Nil Upto 2x
Currency Options Nil Upto 2x for shorting
Commodity Futures Upto 2x for Intraday Upto 3x
Commodity Options
Expand

Sharekhan and Bonanza Feature Comparison

  Sharekhan Bonanza
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 TradeTiger, Sharekhan Mobile Omnesys NEST Trader, My E Trade, My E Trade Mobile App
Intraday Square-off Time 3:30 PM 3:15
Other Features Pattern finder, Class room training
Referral Program
Expand

Sharekhan Vs Bonanza Review

  Sharekhan Bonanza
  283 Customer Reviews    Rate Sharekhan 6 Customer Reviews    Rate Bonanza
Fees 3.1 3.2
Trading Brokerage 2.9 3.0
Trading Platform Usability 3.7 3.2
Customer Service 3.4 3.5
Research Capabilities 4.5
Overall Ratings Rated 3.3 stars Rated 3.3 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 283 customer reviews Bonanza is Rated 3.3 / 5 based on 6 customer reviews
Expand

Contact Broker / Request A Call Back

  Sharekhan Enquire Bonanza Enquire
Contact Broker

Get Free Trading + Demat Account (₹1150 waived on account opening) for limited time. Request a Callback.

Leave your contact information and we will get in touch with you....

Expand

Sharekhan Vs Bonanza Investment Options

  Sharekhan Bonanza
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 Loans, NRI Trading Insurance
Expand

Sharekhan Vs Bonanza Customer Service

  Sharekhan Bonanza
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
Expand

Sharekhan Vs Bonanza Order Type Offered

  Sharekhan Bonanza
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes Yes
Sell Today Buy Tomorrow (STBT) No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Expand

Sharekhan Vs Bonanza Research Report

  Sharekhan Bonanza
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

Sharekhan Vs Bonanza Suitable For Investor Type

  Sharekhan Bonanza
Casual Investor Yes
Active Investor Yes Yes
Trader Yes
Expand

Sharekhan Vs Bonanza - Advantages and Disadvantages

  Sharekhan Bonanza
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.

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
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.

More Disadvantages...

  1. Call & trade is charged extra at the rate of ₹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

Free Trading & Demat Account (for limited time only)

Get FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

AMC are waived off for the 1st year

Compare More Brokers:



Message Board

Stock Message Board



Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App