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Fyers Vs Bonanza Portfolio: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Fyers Max Rs 20 per trade while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. Fyers is a Discount Broker where Bonanza Portfolio is a Full Service Broker. Fyers is having overall higher rating compare to Bonanza Portfolio. Fyers is rated 4 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5. Number of active customer for Fyers is 2,14,075 where number of active customer for Bonanza Portfolio is 51,989. Fyers is serving more customer compare to Bonanza Portfolio.

Here we present side-by-side comparison of Fyers vs Bonanza Portfolio share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Fyers vs Bonanza Portfolio's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Fyers vs Bonanza Portfolio share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Fyers vs Bonanza Portfolio's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Fyers vs Bonanza Portfolio on Service

  Fyers Compare
Fyers
Bonanza Portfolio Compare
Bonanza Portfolio
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX NSE, BSE, MCX
Active Clients 2,14,075 51,989
Broker Overview Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i... Know more about Fyers Open an account with Bonanza Portfolio full-service broking house to trade and invest across multiple asset classes at flat discount brokerage rates at Rs 18/order on the advanced trading platforms, and get trading tips, research, and PMS services.
Broker Enquiry Request call back from Fyers Request call back from Zerodha
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Account Opening Charges and AMC

Compare Fyers vs Bonanza Portfolio on Trading & Demat Account Opening Charges

Comparison of Fyers with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where Bonanza Portfolio charges Rs 999 for account opening. Demat AMC charges - Both broker don't charge any AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare Fyers with Bonanza Portfolio
Charges Fyers Bonanza Portfolio
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Free
Provide DP Service Yes No
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About Brokerage Plans

Compare Fyers vs Bonanza Portfolio on Plan Options

Plans are the most important feature you look when compare Fyers with Bonanza Portfolio. This section compare on high level about type of plans offered by brokers. Multiple Plans - Bonanza Portfolio provides Multiple Plans where Fyers doesn't offer. Monthly Plans - Bonanza Portfolio provides Monthly Plans where Fyers doesn't offer

Compare Fyers with Bonanza Portfolio on Plan Options
Plan Types Fyers Bonanza Portfolio
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No Yes
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Account Opening Request

Account Opening

  Fyers Zerodha
Account Opening Request
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Brokerage Charges

Compare Fyers vs Bonanza Portfolio on Brokerage Charges

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Bonanza Portfolio Brokerage Plan detail - This is a flat brokerage plan of Rs 18 to be charged irrespective of the trade vale and/or Lot size

Brokerage Charges - Compare Fyers with Bonanza Portfolio
Brokerage Charges Compare Fyers Bonanza Portfolio
Plan Name Max Rs 20 Per Order Trading Plan My E Trade - Flat Rs 18 Brokerage Trading Plan
Equity Delivery Free Flat Fee Rs 18
Equity Intraday 0.03% or Rs 20 whichever is lower Flat Fee Rs 18
Equity Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 18
Equity Options Flat Fee Rs 20 Flat Fee Rs 18
Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 18
Currency Options Flat Fee Rs 20 Flat Fee Rs 18
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 18
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding No Info Not Available
Call & Trade Charges Rs 50 Per Order NA
Auto Square off Charges Rs 50 Per Order NA
Brokerage Calculator Brokerage Calculator for Fyers Brokerage Calculator for Bonanza Portfolio
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Share Broker's Transaction Charges

Compare Fyers vs Bonanza Portfolio on Transaction Charges

Compare Fyers with Bonanza Portfolio on transaction charges and PCM fee by segment.

Transaction Charges - Compare Fyers with Bonanza Portfolio
Transaction Charges Compare Fyers Bonanza Portfolio
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for fyers Complete Brokerage Plans for bonanza-portfolio
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Account Features

Compare Fyers vs Bonanza Portfolio on Account Features

Compare Fyers with Bonanza Portfolio on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Fyers offers Algo Trading where Bonanza Portfolio doesn't offers Algo Trading. Margin Funding - Bonanza Portfolio offers a margin funding where Fyers doesn't offers margin funding. NRI Trading - Bonanza Portfolio offers NRI where Fyers doesn't offers NRI Trading.

Account Features - Fyers with Bonanza Portfolio
Account Features Compare Fyers Bonanza Portfolio
3 in 1 Account No Fyers have 2-in-1 account. Only Demate and Trading account. No Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No Yes
Other Features Fyers 30 Day Challenge NIL
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Trading Platform

Compare Fyers vs Bonanza Portfolio on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Fyers and Bonanza Portfolio. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Fyers with Bonanza Portfolio
Trading Platform Compare Fyers Bonanza Portfolio
Desktop Trading Platform Fyers One E-Trade(NestTrader)
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail Fyers Web Aero Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App Fyers 2.0 Mobile App Bonanza WAVE MyEtrade
Mobile Trading App Demo Fyers 2.0 Mobile App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Fyers 2.0 Mobile App Download Andriod Bonanza WAVE MyEtrade Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Fyers 2.0 Mobile App Download iOS Bonanza WAVE MyEtrade Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Fyers Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio
Futures Brokerage Calculator Futures Brokerage Calculator for Fyers Futures Brokerage Calculator for Bonanza Portfolio
Options Brokerage Calculator Options Brokerage Calculator for Fyers Options Brokerage Calculator for Bonanza Portfolio
Detail Detail on Trading Platforms for fyers Detail on Trading Platforms for bonanza-portfolio

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Broker Ratings by Users

Compare Fyers vs Bonanza Portfolio on User Rating

  Fyers Bonanza Portfolio
  10 Customer Reviews    Rate Fyers 3 Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 3.5 4.7
Trading Brokerage Rating 3.6 4.7
Trading Platform Usability 3.6 5.0
Customer Service Ratings 3.4 4.3
Overall Ratings 3.2 4.7
Broker Rating Fyers is Rated 3.2 / 5 based on 10 customer reviews Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Fyers vs Bonanza Portfolio on Investment Offerings

Compare Fyers with Bonanza Portfolio on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Fyers with Bonanza Portfolio
Investment Offerings Compare Fyers Bonanza Portfolio
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Fyers vs Bonanza Portfolio on Order Types

Order Type - Compare Fyers with Bonanza Portfolio on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Fyers provide Cover Orders (CO) where Bonanza Portfolio doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Fyers provide Bracket Orders (BO) where Bonanza Portfolio doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Fyers with Bonanza Portfolio
Order Type Compare Fyers Bonanza Portfolio
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Fyers vs Bonanza Portfolio on Customer Service

Compare Fyers with Bonanza Portfolio on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Fyers with Bonanza Portfolio
Customer Service Compare Fyers Bonanza Portfolio
24/7 Customer Service Fyers vs Bonanza Portfolio - 24x7 customer support No No
Email Support Fyers vs Bonanza Portfolio - Email Support Yes Yes
Onine Live Chat Fyers vs Bonanza Portfolio - Onine Live Chat No Yes
Phone Support Fyers vs Bonanza Portfolio - Phone Support Yes Yes
Toll Free Number Fyers vs Bonanza Portfolio - Toll Free Number No No
Through Branches Fyers vs Bonanza Portfolio - Through Branches No Yes
Customer Care Number Fyers vs Bonanza Portfolio - Customer Care Number 08060001111 022-68363775 | 022-68363739 | 022-68363708
Account Opening Process Fyers vs Bonanza Portfolio - Account Opening Process 100% online and paperless proc Info Not Available
Customer Support Email Fyers vs Bonanza Portfolio - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Fyers vs Bonanza Portfolio - Knowledge Center/Education https://fyers.in/school-of-stocks/ https://www.bonanzaonline.com/blog/
Head Office Address Fyers vs Bonanza Portfolio - Head Office Address/Corporate Address Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Info Not Available
Website Fyers vs Bonanza Portfolio - Company Website https://fyers.in/ https://www.bonanzaonline.com/
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Tips/Research/Reports Published

Compare Fyers vs Bonanza Portfolio on Research Reports, Tips

Compare Fyers with Bonanza Portfolio on research reports and tips provided by the broker.

Research Reports - Compare Fyers with Bonanza Portfolio
  Fyers Bonanza Portfolio
Research Mutual Funds Fyers vs Bonanza Portfolio - Research Mutual Funds No No
Research Equity Reports Fyers vs Bonanza Portfolio - Research Equity Reports No No
Research ETF Fyers vs Bonanza Portfolio - Research ETF No No
Daily Market Report Fyers vs Bonanza Portfolio - Daily Market Report No Yes
Free Tips Fyers vs Bonanza Portfolio - Free Tips No Yes
Quarterly Result Analysis Fyers vs Bonanza Portfolio - Quarterly Results No Yes
News Alerts Fyers vs Bonanza Portfolio - Yes Yes
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Demat Account

Compare Fyers vs Bonanza Portfolio on Demat Account

Compare Fyers with Bonanza Portfolio on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Fyers is Free where for Bonanza Portfolio is ₹250 pa. Fyers is a better choice in terms of Demat AMC compare to Bonanza Portfolio.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction where for Bonanza Portfolio is ₹12 per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Fyers with Bonanza Portfolio
  Fyers Bonanza Portfolio
DP Source CDSL CDSL
DP ID Fyers vs Bonanza Portfolio - DP ID 432-2019 No
Demat Account Annual Maintenance Charges(AMC) Free ₹250 pa
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹7 + ₹5.50 (CDSL Charges) per transaction ₹12 per transaction
Demat ₹0 ₹3 per certificate + ₹50 courier charges
Remat ₹0 ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges
Pledge Creation Nil 0.01% of transaction value (Min ₹100)
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil Nil
Failed Instruction Charges Nil Nil
Other Charges Stamp Charges ₹50, Nil
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Special Offers,Advantages,Disadvantages

Compare Fyers vs Bonanza Portfolio on Special Offers and Promotion

Compare Fyers with Bonanza Portfolio on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Fyers vs Bonanza Portfolio on Special Offers and Promotion
  Fyers Bonanza Portfolio
Pay In and Pay Out Options Fyers vs Bonanza Portfolio - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Fyers vs Bonanza Portfolio - Payout Time Up to 24 Hrs except for Bank Holidays. Info Not Available
Bank Supported and Charges Fyers vs Bonanza Portfolio - Bank Supported and Charges 24+ banks connected via payment gateway, Free pay in and Free Pay Out. Info Not Available
Bank Detail Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Info Not Available
Likes
  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

Detail Review...

  • A complete spectrum of trading and investing products.
  • MyEtrade trading platform.
  • Competitive brokerage at Rs 18 per executed order.
  • Advanced intraday & historical charts.
  • Select Advantage, a bucket of quality stocks curated by the Bonanza research team.
  • Trading tips, positional calls, investment ideas, and mutual fund research.
  • Facilitates NRI trading.
  • Place after-market order (AMO).
  • Dedicated RMs and helpdesk.

Detail Review...

Dislikes
  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

  • Does not provide bracket order (BO) and cover order (CO) facility.
  • No 3-in-1 account opening facility.
  • No GTT order.

Detail Review...

Special Offers/Promo
Enquiry Open Fyers Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-01-08T01:50:46+00:00