FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI. Groww offers investmenet in Equity, F&O and Currency only, where Bonanza Portfolio offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Groww Max Rs 20 per trade while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. Groww is a Discount Broker where Bonanza Portfolio is a Full Service Broker. Groww is having overall higher rating compare to Bonanza Portfolio. Groww is rated 4 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5. Number of active customer for Groww is 95,38,609 where number of active customer for Bonanza Portfolio is 54,099. Groww is serving more customer compare to Bonanza Portfolio.
Here we present side-by-side comparison of Groww 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 Groww 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 Groww 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 Groww vs Bonanza Portfolio's on
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.
Comparison of Groww with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - Groww 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.
Charges | Groww | 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 |
Plans are the most important feature you look when compare Groww with Bonanza Portfolio. This section compare on high level about type of plans offered by brokers. Multiple Plans - Bonanza Portfolio provides Multiple Plans where Groww doesn't offer. Monthly Plans - Bonanza Portfolio provides Monthly Plans where Groww doesn't offer
Plan Types | Groww | Bonanza Portfolio |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
Zerodha | Zerodha | |
---|---|---|
Account Opening Request |
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
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 | Groww | Bonanza Portfolio |
---|---|---|
Plan Name | Flat Brokerage Plan | My E Trade - Flat Rs 18 Brokerage Trading Plan |
Equity Delivery | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 18 |
Equity Intraday | 0.05% or Rs 20 whichever is lower | Flat Fee Rs 18 |
Equity Futures | Flat Fee Rs 20 | Flat Fee Rs 18 |
Equity Options | Flat Fee Rs 20 | Flat Fee Rs 18 |
Currency Futures | Not Available | Flat Fee Rs 18 |
Currency Options | Not Available | Flat Fee Rs 18 |
Commodity Trading | Not Available | Flat Fee Rs 18 |
Minimum Brokerage | NIL | NIL |
Hidden Charges | Info Not Available | Info Not Available |
Funding | Info Not Available | Info Not Available |
Call & Trade Charges | Rs 50 Per Executable Order | NA |
Auto Square off Charges | Rs 50 Per Executable Order | NA |
Brokerage Calculator | Brokerage Calculator for Groww | Brokerage Calculator for Bonanza Portfolio |
Compare Groww with Bonanza Portfolio on transaction charges and PCM fee by segment.
Transaction Charges Compare | Groww | 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 groww | Complete Brokerage Plans for bonanza-portfolio |
Compare Groww 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 - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Bonanza Portfolio offers NRI where Groww doesn't offers NRI Trading.
Account Features Compare | Groww | Bonanza Portfolio |
---|---|---|
3 in 1 Account | ||
Charting | ||
Algo Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding Available | ||
Combined Ledger for Equity and Commodity | ||
Intraday Square-off Time | 3:10 PM | 3:15PM |
NRI Trading | ||
Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Groww 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 | Groww | Bonanza Portfolio |
---|---|---|
Desktop Trading Platform | Groww App | E-Trade(NestTrader) |
Desktop Demo | Info Not Available | Info Not Available |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | Yes | Aero Web Trading Platform |
Web Trading Demo | Info Not Available | Info Not Available |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | Groww App | Bonanza WAVE MyEtrade |
Mobile Trading App Demo | Info Not Available | Info Not Available |
Android Mobile App | ||
Android App Download | Andriod Groww App Download | Andriod Bonanza WAVE MyEtrade Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS Groww App Download | iOS Bonanza WAVE MyEtrade Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Info Not Available |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Groww | Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio |
Futures Brokerage Calculator | Futures Brokerage Calculator for Groww | Futures Brokerage Calculator for Bonanza Portfolio |
Options Brokerage Calculator | Options Brokerage Calculator for Groww | Options Brokerage Calculator for Bonanza Portfolio |
Detail | Detail on Trading Platforms for groww | Detail on Trading Platforms for bonanza-portfolio |
Compare Groww 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 - Bonanza Portfolio offers trading options in Commodity (MCX) where Groww doesn't offer. 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 | Groww | Bonanza Portfolio |
---|---|---|
Equity Cash and F&O | ||
Currency Deravitives | ||
Commodity | ||
Online IPO Application | ||
Mutual Funds | ||
Bond / NCD | ||
ETF | ||
Banking | ||
Insurance | ||
Forex | ||
MF SIP Investment | ||
Equity SIP Investment | ||
PMS Service | ||
Other Investment Options | NIL | NIL |
Order Type - Compare Groww 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) - Both broker don't have Cover Orders (CO).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) - Both broker don't have Bracket Orders (BO).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)- Bonanza Portfolio offers After market orders where Groww doesn't offers AMO. GTC Orders- Bonanza Portfolio offers Good Till Cancelled (GTC) orders where Groww doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | Groww | Bonanza Portfolio |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare Groww 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 Service Compare | Groww | Bonanza Portfolio |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 9108800604 | 022-68363775 | 022-68363739 | 022-68363708 |
Account Opening Process | Online | Info Not Available |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | https://groww.in/academy | https://www.bonanzaonline.com/blog/ |
Head Office Address | Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 | Info Not Available |
Website | https://groww.in/ | https://www.bonanzaonline.com/ |
Compare Groww with Bonanza Portfolio on research reports and tips provided by the broker.
Compare Groww 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 Bonanza Portfolio is ₹250 pa where for Groww is Zero.
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 Groww is ₹8 + ₹5.50 CDSL charges 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
Compare Groww with Bonanza Portfolio on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
Groww | Bonanza Portfolio | |
---|---|---|
Pay In and Pay Out Options | pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only |
Info Not Available |
Payout Time | Max 24 hrs except bank holidays | Info Not Available |
Bank Supported and Charges | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. | Info Not Available |
Bank Detail | Info Not Available | Info Not Available |
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Special Offers/Promo | ||
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Last Updated on 2024-01-05T04:04:35+00:00