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

Zerodha 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 Zerodha Max Rs 20 per trade while the brokerage of Bonanza Portfolio ranges between Rs 18 flat brokerage. Zerodha is a Discount Broker where Bonanza Portfolio is a Full Service Broker. Zerodha is having overall higher rating compare to Bonanza Portfolio. Zerodha is rated 4.5 out of 5 where Bonanza Portfolio is rated only 3.5 out of 5. Number of active customer for Zerodha is 69,94,952 where number of active customer for Bonanza Portfolio is 51,989. Zerodha is serving more customer compare to Bonanza Portfolio.

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

  Zerodha Compare
Zerodha
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? NSE, BSE, MCX NSE, BSE, MCX
Active Clients 69,94,952 51,989
Broker Overview Zerodha is the game-changing discount broker with the concept of an Rs. 20/order flat brokerage model and commission-free direct mutual fund investment platform in India. Free delivery trading, the superfast Zerodha Kite app, and web trading platform... Know more about Zerodha 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
Expand

Account Opening Charges and AMC

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

Comparison of Zerodha with Bonanza Portfolio on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha charges Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) for account opening where Bonanza Portfolio charges Rs 999 for account opening. Demat AMC charges - Bonanza Portfolio offer Free AMC for Demat account where Zerodha charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Zerodha with Bonanza Portfolio
Charges Zerodha Bonanza Portfolio
Trading Account Opening Fees Online Rs 200 (Eq+Curr), Rs 300 (Eq+Curr+Com) Rs 999
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 300 PA Free
Provide DP Service Yes No
Expand

About Brokerage Plans

Compare Zerodha vs Bonanza Portfolio on Plan Options

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

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

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Zerodha vs Bonanza Portfolio on Brokerage Charges

Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity 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 Zerodha with Bonanza Portfolio
Brokerage Charges Compare Zerodha 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 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 Zerodha Brokerage Calculator for Bonanza Portfolio
Expand

Share Broker's Transaction Charges

Compare Zerodha vs Bonanza Portfolio on Transaction Charges

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

Transaction Charges - Compare Zerodha with Bonanza Portfolio
Transaction Charges Compare Zerodha 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 zerodha Complete Brokerage Plans for bonanza-portfolio
Expand

Account Features

Compare Zerodha vs Bonanza Portfolio on Account Features

Compare Zerodha with Bonanza Portfolio on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Zerodha offers 3-in-1 account where Bonanza Portfolio offers only 2-in-1 account which includes trading and demat account. Algo Trading - Zerodha offers Algo Trading where Bonanza Portfolio doesn't offers Algo Trading. Margin Funding - Bonanza Portfolio offers a margin funding where Zerodha doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Zerodha with Bonanza Portfolio
Account Features Compare Zerodha Bonanza Portfolio
3 in 1 Account Yes, Zerodha have 3-in-1 accounts. Bank Account, Demat and Trading account. No Zerodha 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 Yes Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:10 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
Expand

Trading Platform

Compare Zerodha vs Bonanza Portfolio on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Zerodha 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 Zerodha with Bonanza Portfolio
Trading Platform Compare Zerodha Bonanza Portfolio
Desktop Trading Platform Kite By Zerodha E-Trade(NestTrader)
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail Aero Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Zerodha Kite Bonanza WAVE MyEtrade
Mobile Trading App Demo Zerodha Kite Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Zerodha Kite Download Andriod Bonanza WAVE MyEtrade Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Zerodha Kite 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 Zerodha Equity Intraday and Delivery Brokerage Calculator for Bonanza Portfolio
Futures Brokerage Calculator Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Bonanza Portfolio
Options Brokerage Calculator Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Bonanza Portfolio
Detail Detail on Trading Platforms for zerodha Detail on Trading Platforms for bonanza-portfolio

Expand

Broker Ratings by Users

Compare Zerodha vs Bonanza Portfolio on User Rating

  Zerodha Bonanza Portfolio
  160 Customer Reviews    Rate Zerodha 3 Customer Reviews    Rate Bonanza Portfolio
Fees Ratings 4.0 4.7
Trading Brokerage Rating 4.4 4.7
Trading Platform Usability 3.7 5.0
Customer Service Ratings 3.8 4.3
Overall Ratings 3.9 4.7
Broker Rating Zerodha is Rated 3.9 / 5 based on 160 customer reviews Bonanza Portfolio is Rated 4.7 / 5 based on 3 customer reviews
Expand

Investment Offerings

Compare Zerodha vs Bonanza Portfolio on Investment Offerings

Compare Zerodha 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 Zerodha with Bonanza Portfolio
Investment Offerings Compare Zerodha 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 No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
Expand

Order Types

Compare Zerodha vs Bonanza Portfolio on Order Types

Order Type - Compare Zerodha 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) - Zerodha 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 Zerodha with Bonanza Portfolio
Order Type Compare Zerodha 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 Zerodha vs Bonanza Portfolio on Customer Service

Compare Zerodha 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 Zerodha with Bonanza Portfolio
Customer Service Compare Zerodha Bonanza Portfolio
24/7 Customer Service Zerodha vs Bonanza Portfolio - 24x7 customer support No No
Email Support Zerodha vs Bonanza Portfolio - Email Support Yes Yes
Onine Live Chat Zerodha vs Bonanza Portfolio - Onine Live Chat No Yes
Phone Support Zerodha vs Bonanza Portfolio - Phone Support Yes Yes
Toll Free Number Zerodha vs Bonanza Portfolio - Toll Free Number No No
Through Branches Zerodha vs Bonanza Portfolio - Through Branches Yes Yes
Customer Care Number Zerodha vs Bonanza Portfolio - Customer Care Number "+ 91 80 4040 2020" 022-68363775 | 022-68363739 | 022-68363708
Account Opening Process Zerodha vs Bonanza Portfolio - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Zerodha vs Bonanza Portfolio - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Zerodha vs Bonanza Portfolio - Knowledge Center/Education https://zerodha.com/varsity/ https://www.bonanzaonline.com/blog/
Head Office Address Zerodha vs Bonanza Portfolio - Head Office Address/Corporate Address Zerodha Headquater
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore - 560078
Info Not Available
Website Zerodha vs Bonanza Portfolio - Company Website https://zerodha.com/ https://www.bonanzaonline.com/
Expand

Tips/Research/Reports Published

Compare Zerodha vs Bonanza Portfolio on Research Reports, Tips

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

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

Demat Account

Compare Zerodha vs Bonanza Portfolio on Demat Account

Compare Zerodha 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 Zerodha 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 Zerodha is ₹8 + ₹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 Zerodha with Bonanza Portfolio
  Zerodha Bonanza Portfolio
DP Source CDSL CDSL
DP ID Zerodha vs Bonanza Portfolio - DP ID 81600 No
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹250 pa
Advance Deposit Nil NIL
Statutory charges ₹50 Nil
Transaction Charges on Debit (Per ISIN) ₹8 + ₹5.50 (CDSL Charges) per transaction ₹12 per transaction
Demat ₹150 per certificate + ₹100 courier charges ₹3 per certificate + ₹50 courier charges
Remat ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹50 courier charges
Pledge Creation ₹20 + ₹12 CSDL charges 0.01% of transaction value (Min ₹100)
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹20 + ₹12 CSDL charges Nil
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹20 Nil
Failed Instruction Charges ₹50 per instraction Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Zerodha vs Bonanza Portfolio on Special Offers and Promotion

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

Compare Zerodha vs Bonanza Portfolio on Special Offers and Promotion
  Zerodha Bonanza Portfolio
Pay In and Pay Out Options Zerodha vs Bonanza Portfolio - Pay In and Pay Out Options pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Zerodha vs Bonanza Portfolio - Payout Time Max 24 hrs except for bank holidays Info Not Available
Bank Supported and Charges Zerodha vs Bonanza Portfolio - Bank Supported and Charges Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). Info Not Available
Bank Detail HDFC Bank
Account#ZERNSE
Branch: Sandoz Branch, Mumbai
IFSC Code:HDFC0000240
Info Not Available
Likes

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

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
  • Does not offer Lifetime free AMC account
  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Bracket order is not available on Kite
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.
  • Software glitches in Kite happens at certain times.

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 Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2024-02-16T02:47:18+00:00