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TradeSmart 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 TradeSmart Max Rs 15 per trade while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. TradeSmart is a Discount Broker where Bonanza Portfolio is a Full Service Broker. TradeSmart is having overall higher rating compare to Bonanza Portfolio. TradeSmart is rated 4 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5. Number of active customer for Bonanza Portfolio is 49,476 where number of active customer for TradeSmart is 30,376. Bonanza Portfolio is serving more customer compare to TradeSmart.

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

  TradeSmart Compare
TradeSmart
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, NCDEX NSE, BSE, MCX
Active Clients 30,376 49,476
Broker Overview Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support. 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 TradeSmart vs Bonanza Portfolio on Trading & Demat Account Opening Charges

Comparison of TradeSmart with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - TradeSmart charges Rs 200 for account opening where Bonanza Portfolio charges Rs 999 for account opening. Demat AMC charges - Bonanza Portfolio offer Free AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare TradeSmart with Bonanza Portfolio
Charges TradeSmart Bonanza Portfolio
Trading Account Opening Fees Rs 200 Rs 999
Trading AMC Free Free
Demat Account Opening Fees Rs 200 Free
Demat AMC Rs 300 PA Free
Provide DP Service Yes No
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About Brokerage Plans

Compare TradeSmart vs Bonanza Portfolio on Plan Options

Plans are the most important feature you look when compare TradeSmart 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 TradeSmart doesn't offer

Compare TradeSmart with Bonanza Portfolio on Plan Options
Plan Types TradeSmart 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 TradeSmart vs Bonanza Portfolio on Brokerage Charges

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

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 TradeSmart with Bonanza Portfolio
Brokerage Charges Compare TradeSmart Bonanza Portfolio
Plan Name Flat Fee Rs 15 Trading Plan (Power Plan) My E Trade - Flat Rs 18 Brokerage Trading Plan
Equity Delivery Flat Fee Rs 15 Flat Fee Rs 18
Equity Intraday Flat Fee Rs 15 Flat Fee Rs 18
Equity Futures Flat Fee Rs 15 Flat Fee Rs 18
Equity Options Flat Fee Rs 15 Flat Fee Rs 18
Currency Futures Flat Fee Rs 15 Flat Fee Rs 18
Currency Options Flat Fee Rs 15 Flat Fee Rs 18
Commodity Trading Flat Fee Rs 15 Flat Fee Rs 18
Minimum Brokerage NIL NIL
Hidden Charges No Info Not Available
Funding No Info Not Available
Call & Trade Charges Rs 20 per executed Order NA
Auto Square off Charges Rs 20 per executed Order NA
Brokerage Calculator Brokerage Calculator for TradeSmart Brokerage Calculator for Bonanza Portfolio
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Share Broker's Transaction Charges

Compare TradeSmart vs Bonanza Portfolio on Transaction Charges

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

Transaction Charges - Compare TradeSmart with Bonanza Portfolio
Transaction Charges Compare TradeSmart 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 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for trade-smart-online Complete Brokerage Plans for bonanza-portfolio
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Account Features

Compare TradeSmart vs Bonanza Portfolio on Account Features

Compare TradeSmart 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 - TradeSmart offers Algo Trading where Bonanza Portfolio doesn't offers Algo Trading. Margin Funding - Bonanza Portfolio offers a margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Bonanza Portfolio offers NRI where TradeSmart doesn't offers NRI Trading.

Account Features - TradeSmart with Bonanza Portfolio
Account Features Compare TradeSmart Bonanza Portfolio
3 in 1 Account No TradeSmart have 2-in-1 account. Only Demate and Trading account. No TradeSmart 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 3:15PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare TradeSmart vs Bonanza Portfolio on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w TradeSmart 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 TradeSmart with Bonanza Portfolio
Trading Platform Compare TradeSmart Bonanza Portfolio
Desktop Trading Platform NEST Trader & Fox Trader 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://sine.tradesmartonline.in/userMaster/login Aero Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Sine Bonanza WAVE MyEtrade
Mobile Trading App Demo Sine Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Sine Download Andriod Bonanza WAVE MyEtrade Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Sine 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 TradeSmart Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio
Futures Brokerage Calculator Futures Brokerage Calculator for TradeSmart Futures Brokerage Calculator for Bonanza Portfolio
Options Brokerage Calculator Options Brokerage Calculator for TradeSmart Options Brokerage Calculator for Bonanza Portfolio
Detail Detail on Trading Platforms for trade-smart-online Detail on Trading Platforms for bonanza-portfolio

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Broker Ratings by Users

Compare TradeSmart vs Bonanza Portfolio on User Rating

  TradeSmart Bonanza Portfolio
  34 Customer Reviews    Rate TradeSmart 3 Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 3.9 4.7
Trading Brokerage Rating 4.4 4.7
Trading Platform Usability 3.7 5.0
Customer Service Ratings 4.0 4.3
Overall Ratings 4.0 4.7
Broker Rating TradeSmart is Rated 4.0 / 5 based on 34 customer reviews Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare TradeSmart vs Bonanza Portfolio on Investment Offerings

Compare TradeSmart 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 - Bonanza Portfolio offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare TradeSmart vs Bonanza Portfolio on Order Types

Order Type - Compare TradeSmart 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) - TradeSmart 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) - TradeSmart 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 TradeSmart doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare TradeSmart with Bonanza Portfolio
Order Type Compare TradeSmart 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 TradeSmart vs Bonanza Portfolio on Customer Service

Compare TradeSmart 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 TradeSmart with Bonanza Portfolio
Customer Service Compare TradeSmart Bonanza Portfolio
24/7 Customer Service TradeSmart vs Bonanza Portfolio - 24x7 customer support No No
Email Support TradeSmart vs Bonanza Portfolio - Email Support Yes Yes
Onine Live Chat TradeSmart vs Bonanza Portfolio - Onine Live Chat Yes Yes
Phone Support TradeSmart vs Bonanza Portfolio - Phone Support Yes Yes
Toll Free Number TradeSmart vs Bonanza Portfolio - Toll Free Number No No
Through Branches TradeSmart vs Bonanza Portfolio - Through Branches No Yes
Customer Care Number TradeSmart vs Bonanza Portfolio - Customer Care Number 022 61208000 022-68363775 | 022-68363739 | 022-68363708
Account Opening Process TradeSmart vs Bonanza Portfolio - Account Opening Process Online/Paperless Info Not Available
Customer Support Email TradeSmart vs Bonanza Portfolio - Customer Support Email [email protected] [email protected]
Knowledge Center/Education TradeSmart vs Bonanza Portfolio - Knowledge Center/Education https://help.tradesmartonline.in/ https://www.bonanzaonline.com/blog/
Head Office Address TradeSmart vs Bonanza Portfolio - Head Office Address/Corporate Address Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Info Not Available
Website TradeSmart vs Bonanza Portfolio - Company Website https://tradesmartonline.in/ https://www.bonanzaonline.com/
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Tips/Research/Reports Published

Compare TradeSmart vs Bonanza Portfolio on Research Reports, Tips

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

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

Compare TradeSmart vs Bonanza Portfolio on Demat Account

Compare TradeSmart 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 TradeSmart 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 TradeSmart is ₹25 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 TradeSmart with Bonanza Portfolio
  TradeSmart Bonanza Portfolio
DP Source CDSL CDSL
DP ID TradeSmart vs Bonanza Portfolio - DP ID 30400 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) ₹25 ₹12 per transaction
Demat ₹500 per certificate (Min ₹500 per request) ₹3 per certificate + ₹50 courier charges
Remat ₹500 per certificate (Min ₹500 per request) ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges
Pledge Creation ₹200 per script
₹50 for trading margin each side
0.01% of transaction value (Min ₹100)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹200 per script Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹200 per script Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare TradeSmart vs Bonanza Portfolio on Special Offers and Promotion

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

Compare TradeSmart vs Bonanza Portfolio on Special Offers and Promotion
  TradeSmart Bonanza Portfolio
Pay In and Pay Out Options TradeSmart 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 SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time TradeSmart vs Bonanza Portfolio - Payout Time Up to 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges TradeSmart vs Bonanza Portfolio - Bank Supported and Charges Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms. Info Not Available
Bank Detail VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
Info Not Available
Likes

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

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

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

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 Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-01T03:17:59+00:00