FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

IIFL Securities 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 IIFL Securities ranges between Rs 20 while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. Both the brokers are Full Service brokers. IIFL Securities is having overall higher rating compare to Bonanza Portfolio. IIFL Securities is rated 4 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5. Number of active customer for IIFL Securities is 4,26,451 where number of active customer for Bonanza Portfolio is 51,989. IIFL Securities is serving more customer compare to Bonanza Portfolio.

Here we present side-by-side comparison of IIFL Securities 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 IIFL Securities 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 IIFL Securities 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 IIFL Securities 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 IIFL Securities vs Bonanza Portfolio on Service

  IIFL Securities Compare
IIFL Securities
Bonanza Portfolio Compare
Bonanza Portfolio
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 4,26,451 51,989
Broker Overview IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities 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 IIFL Securities Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare IIFL Securities vs Bonanza Portfolio on Trading & Demat Account Opening Charges

Comparison of IIFL Securities with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities offer Free account opening where Bonanza Portfolio charges Rs 999 for account opening. Demat AMC charges - Bonanza Portfolio offer Free AMC for Demat account where IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities with Bonanza Portfolio
Charges IIFL Securities Bonanza Portfolio
Trading Account Opening Fees Free Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 250 PA (Free for 1st year) Free
Provide DP Service Yes No
Expand

About Brokerage Plans

Compare IIFL Securities vs Bonanza Portfolio on Plan Options

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

Compare IIFL Securities with Bonanza Portfolio on Plan Options
Plan Types IIFL Securities Bonanza Portfolio
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No Yes
Expand

Account Opening Request

Account Opening

  IIFL Securities Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare IIFL Securities vs Bonanza Portfolio on Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across 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 IIFL Securities with Bonanza Portfolio
Brokerage Charges Compare IIFL Securities Bonanza Portfolio
Plan Name IIFL iSERVE Brokerage Plan My E Trade - Flat Rs 18 Brokerage Trading Plan
Equity Delivery Flat Rs 20 per order Flat Fee Rs 18
Equity Intraday Flat Rs 20 per order Flat Fee Rs 18
Equity Futures Flat Rs 20 per order Flat Fee Rs 18
Equity Options Flat Rs 20 per order Flat Fee Rs 18
Currency Futures Flat Rs 20 per order Flat Fee Rs 18
Currency Options Flat Rs 20 per order Flat Fee Rs 18
Commodity Trading Flat Rs 20 per order Flat Fee Rs 18
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 50 Per Call + GST NA
Auto Square off Charges Rs 50 Per Call + GST NA
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Bonanza Portfolio
Expand

Share Broker's Transaction Charges

Compare IIFL Securities vs Bonanza Portfolio on Transaction Charges

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

Transaction Charges - Compare IIFL Securities with Bonanza Portfolio
Transaction Charges Compare IIFL Securities 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for iifl-securities Complete Brokerage Plans for bonanza-portfolio
Expand

Account Features

Compare IIFL Securities vs Bonanza Portfolio on Account Features

Compare IIFL Securities 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 - Both broker provides NRI Trading facility.

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

Trading Platform

Compare IIFL Securities vs Bonanza Portfolio on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities 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 IIFL Securities with Bonanza Portfolio
Trading Platform Compare IIFL Securities Bonanza Portfolio
Desktop Trading Platform IIFL Trader terminal 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 https://ttweb.indiainfoline.com Aero Web Trading Platform
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App IIFL Markets Bonanza WAVE MyEtrade
Mobile Trading App Demo IIFL Markets Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod IIFL Markets Download Andriod Bonanza WAVE MyEtrade Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS IIFL Markets 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 IIFL Securities Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Bonanza Portfolio
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Bonanza Portfolio
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for bonanza-portfolio

Expand

Broker Ratings by Users

Compare IIFL Securities vs Bonanza Portfolio on User Rating

  IIFL Securities Bonanza Portfolio
  82 Customer Reviews    Rate IIFL Securities 3 Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 3.1 4.7
Trading Brokerage Rating 2.9 4.7
Trading Platform Usability 3.4 5.0
Customer Service Ratings 2.9 4.3
Overall Ratings 2.8 4.7
Broker Rating IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews
Expand

Investment Offerings

Compare IIFL Securities vs Bonanza Portfolio on Investment Offerings

Compare IIFL Securities 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) - IIFL Securities provide PMS Service where Bonanza Portfolio doesn't offer

Investment Offerings - Compare IIFL Securities with Bonanza Portfolio
Investment Offerings Compare IIFL Securities 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 Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
Expand

Order Types

Compare IIFL Securities vs Bonanza Portfolio on Order Types

Order Type - Compare IIFL Securities 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) - IIFL Securities 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) - 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)- 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 IIFL Securities with Bonanza Portfolio
Order Type Compare IIFL Securities Bonanza Portfolio
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
Expand

Customer Service Offered

Compare IIFL Securities vs Bonanza Portfolio on Customer Service

Compare IIFL Securities 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 IIFL Securities with Bonanza Portfolio
Customer Service Compare IIFL Securities Bonanza Portfolio
24/7 Customer Service IIFL Securities vs Bonanza Portfolio - 24x7 customer support Yes No
Email Support IIFL Securities vs Bonanza Portfolio - Email Support Yes Yes
Onine Live Chat IIFL Securities vs Bonanza Portfolio - Onine Live Chat Yes Yes
Phone Support IIFL Securities vs Bonanza Portfolio - Phone Support Yes Yes
Toll Free Number IIFL Securities vs Bonanza Portfolio - Toll Free Number Yes No
Through Branches IIFL Securities vs Bonanza Portfolio - Through Branches Yes Yes
Customer Care Number IIFL Securities vs Bonanza Portfolio - Customer Care Number 022-40071000 022-68363775 | 022-68363739 | 022-68363708
Account Opening Process IIFL Securities vs Bonanza Portfolio - Account Opening Process Online/Paperless Info Not Available
Customer Support Email IIFL Securities vs Bonanza Portfolio - Customer Support Email [email protected] [email protected]
Knowledge Center/Education IIFL Securities vs Bonanza Portfolio - Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://www.bonanzaonline.com/blog/
Head Office Address IIFL Securities vs Bonanza Portfolio - Head Office Address/Corporate Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
Info Not Available
Website IIFL Securities vs Bonanza Portfolio - Company Website https://www.indiainfoline.com/ https://www.bonanzaonline.com/
Expand

Tips/Research/Reports Published

Compare IIFL Securities vs Bonanza Portfolio on Research Reports, Tips

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

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

Demat Account

Compare IIFL Securities vs Bonanza Portfolio on Demat Account

Compare IIFL Securities 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 IIFL Securities is ₹400 pa.

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 IIFL Securities is 0.04% of transaction value (Min ₹25) + ₹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

Demat Charges - Compare IIFL Securities with Bonanza Portfolio
  IIFL Securities Bonanza Portfolio
DP Source CDSL CDSL
DP ID IIFL Securities vs Bonanza Portfolio - DP ID 44700 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹250 pa
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) ₹12 per transaction
Demat ₹15 per certificate + ₹40 courier charges ₹3 per certificate + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges
Pledge Creation ₹50 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 Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Bonanza Portfolio on Special Offers and Promotion

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

Compare IIFL Securities vs Bonanza Portfolio on Special Offers and Promotion
  IIFL Securities Bonanza Portfolio
Pay In and Pay Out Options IIFL Securities vs Bonanza Portfolio - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time IIFL Securities vs Bonanza Portfolio - Payout Time Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Info Not Available
Bank Supported and Charges IIFL Securities vs Bonanza Portfolio - Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. Info Not Available
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
Info Not Available
Likes
  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

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
  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

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 IIFL Securities Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T04:42:55+00:00