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Reliance Securities Vs Bonanza Portfolio: Which one is better?

Both the brokers are registered with SEBI. Reliance Securities offers investmenet in Equity, F&O and Currency only, where Bonanza Portfolio offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Reliance Securities ranges between 0.05 - 0.50% while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5. Number of active customer for Reliance Securities is 74,804 where number of active customer for Bonanza Portfolio is 51,989. Reliance Securities is serving more customer compare to Bonanza Portfolio.

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

  Reliance Securities Compare
Reliance 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? NSE, BSE NSE, BSE, MCX
Active Clients 74,804 51,989
Broker Overview Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... Know more about Reliance 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 Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of Reliance Securities with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - Reliance Securities charges Rs 950 for account opening where Bonanza Portfolio charges Rs 999 for account opening. Demat AMC charges - Bonanza Portfolio offer Free AMC for Demat account where Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities with Bonanza Portfolio
Charges Reliance Securities Bonanza Portfolio
Trading Account Opening Fees Rs 950 Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Free
Provide DP Service Yes No
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About Brokerage Plans

Compare Reliance Securities vs Bonanza Portfolio on Plan Options

Plans are the most important feature you look when compare Reliance Securities with Bonanza Portfolio. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Bonanza Portfolio provides Monthly Plans where Reliance Securities doesn't offer

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

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Reliance Securities vs Bonanza Portfolio on Brokerage Charges

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

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 Reliance Securities with Bonanza Portfolio
Brokerage Charges Compare Reliance Securities Bonanza Portfolio
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) My E Trade - Flat Rs 18 Brokerage Trading Plan
Equity Delivery 0.50% Flat Fee Rs 18
Equity Intraday 0.05% Flat Fee Rs 18
Equity Futures 0.05% Flat Fee Rs 18
Equity Options Rs 100 Per Lot Flat Fee Rs 18
Currency Futures 0.05% Flat Fee Rs 18
Currency Options Rs 100 Per Lot Flat Fee Rs 18
Commodity Trading Future: 0.05%| Options: Rs 100 per lot Flat Fee Rs 18
Minimum Brokerage 5 paise per share NIL
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 20 per call (Free First 20 call per month) NA
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. NA
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Bonanza Portfolio
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Share Broker's Transaction Charges

Compare Reliance Securities vs Bonanza Portfolio on Transaction Charges

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

Transaction Charges - Compare Reliance Securities with Bonanza Portfolio
Transaction Charges Compare Reliance 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 reliance-securities Complete Brokerage Plans for bonanza-portfolio
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Account Features

Compare Reliance Securities vs Bonanza Portfolio on Account Features

Compare Reliance 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 - Reliance Securities with Bonanza Portfolio
Account Features Compare Reliance Securities Bonanza Portfolio
3 in 1 Account No Reliance Securities have 2-in-1 account. Only Demate and Trading account. No Reliance 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 Mobile Application: Rmobile Xpress NIL
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Trading Platform

Compare Reliance Securities vs Bonanza Portfolio on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance 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 Reliance Securities with Bonanza Portfolio
Trading Platform Compare Reliance Securities Bonanza Portfolio
Desktop Trading Platform InstaXpress 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 http://tick.rsec.co.in/ Aero Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App TICK PRO Bonanza WAVE MyEtrade
Mobile Trading App Demo TICK PRO Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod TICK PRO Download Andriod Bonanza WAVE MyEtrade Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS TICK PRO 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 Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Bonanza Portfolio
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Bonanza Portfolio
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for bonanza-portfolio

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Broker Ratings by Users

Compare Reliance Securities vs Bonanza Portfolio on User Rating

  Reliance Securities Bonanza Portfolio
  52 Customer Reviews    Rate Reliance Securities 3 Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 3.5 4.7
Trading Brokerage Rating 3.4 4.7
Trading Platform Usability 3.3 5.0
Customer Service Ratings 3.4 4.3
Overall Ratings 3.4 4.7
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare Reliance Securities vs Bonanza Portfolio on Investment Offerings

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

Investment Offerings - Compare Reliance Securities with Bonanza Portfolio
Investment Offerings Compare Reliance Securities Bonanza Portfolio
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No 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
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Order Types

Compare Reliance Securities vs Bonanza Portfolio on Order Types

Order Type - Compare Reliance 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) - Reliance 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) - Reliance Securities 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- Bonanza Portfolio offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Reliance Securities with Bonanza Portfolio
Order Type Compare Reliance Securities 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 No Yes
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Customer Service Offered

Compare Reliance Securities vs Bonanza Portfolio on Customer Service

Compare Reliance 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 Reliance Securities with Bonanza Portfolio
Customer Service Compare Reliance Securities Bonanza Portfolio
24/7 Customer Service Reliance Securities vs Bonanza Portfolio - 24x7 customer support No No
Email Support Reliance Securities vs Bonanza Portfolio - Email Support Yes Yes
Onine Live Chat Reliance Securities vs Bonanza Portfolio - Onine Live Chat Yes Yes
Phone Support Reliance Securities vs Bonanza Portfolio - Phone Support Yes Yes
Toll Free Number Reliance Securities vs Bonanza Portfolio - Toll Free Number Yes No
Through Branches Reliance Securities vs Bonanza Portfolio - Through Branches Yes Yes
Customer Care Number Reliance Securities vs Bonanza Portfolio - Customer Care Number 022 41596000 | 022 62436000 022-68363775 | 022-68363739 | 022-68363708
Account Opening Process Reliance Securities vs Bonanza Portfolio - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Reliance Securities vs Bonanza Portfolio - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities vs Bonanza Portfolio - Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://www.bonanzaonline.com/blog/
Head Office Address Reliance Securities vs Bonanza Portfolio - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Info Not Available
Website Reliance Securities vs Bonanza Portfolio - Company Website https://www.reliancesmartmoney.com https://www.bonanzaonline.com/
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Tips/Research/Reports Published

Compare Reliance Securities vs Bonanza Portfolio on Research Reports, Tips

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

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

Compare Reliance Securities vs Bonanza Portfolio on Demat Account

Compare Reliance 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 Reliance Securities is ₹300 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 Reliance Securities is 0.04% (Min ₹27) + 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 Reliance Securities with Bonanza Portfolio
  Reliance Securities Bonanza Portfolio
DP Source CDSL CDSL
DP ID Reliance Securities vs Bonanza Portfolio - DP ID 41400 No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹250 pa
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹12 per transaction
Demat ₹5 per certificate + ₹30 request charges ₹3 per certificate + ₹50 courier charges
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) 0.01% of transaction value (Min ₹100)
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs Bonanza Portfolio on Special Offers and Promotion

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

Compare Reliance Securities vs Bonanza Portfolio on Special Offers and Promotion
  Reliance Securities Bonanza Portfolio
Pay In and Pay Out Options Reliance 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 RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Reliance Securities vs Bonanza Portfolio - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges Reliance Securities vs Bonanza Portfolio - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Info Not Available
Likes
  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events 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
  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

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 Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-13T01:50:30+00:00