Bonanza Review

Bonanza

 

Incorporated in 1984, Bonanza has emerged as the best leading financial services provider & broker firm in India. It is established as a reliable and reputed online brokerage services provider in India. It is providing the top-notch brokerage services to its customers over the PAN India presence more than 550+ cities and it is offering several financial services that consists portfolio management services, mutual funds investment services and insurance to exceptional depository services. It has the most devoted skilled team who has the best knowledge about the trading market.

Bonanza is always focused to provide the outstanding online trading services along with better benefits to its customers. It is the member of the NSE (National Stock Exchange), BSE (Bombay Stock Exchange), MCX (Muti Comodity Exchange), MCX-SX to CDSL (Central Depository Securities Limited), NSDL (National Securities Depository Limited), ICEX (Indian Commodity Exchange Limited) and USE etc. It believes in customers centric approaches and always tries to satisfy the requirements of clients.

Services

  • Equity Trading
  • Commodity Trading
  • Online Trading
  • Currency Derivatives
  • Mutual Funds
  • PMS(Portfolio Management Services)
  • Investment Banking

Account Opening Charges and Annual Maintenance Cost

  • Trading Account Opening Fees – Free
  • Trading AMC – NIL
  • Demat Account Opening Fees – NIL
  • Demat AMC – Rs. 250
  • Own DP Service – Yes

Brokerage Plans

  1. Default plan
  2. 1000 Plan
  3. 7500 Plan

Brokerage Charges

Account TypeDefault PlanRs.1000Rs.7500
Equity Delivery Brokerage0.10%0.1%0.025%
Equity Intraday Brokerage0.01%0.005%0.00312%
Equity Futures Brokerage0.01%0.005%0.00312%
Equity Options BrokerageRs 20 per LotRs.15 per lotRs. 10 per lot
Currency Futures Trading Brokerage0.006%.0025%0.0015%
Currency Options Trading BrokerageRs 10Rs.5 per lot4 per lot
Commodity Trading Brokerage0.006%0.004%0.00208%

 

Transaction/ Turnover Charges

Equity Delivery0.00325%
Equity Intraday0.00325%
Equity Futures0.0019%
Equity Options0.05%
Currency Futures0.0011%
Currency Options0.040%
Commodity0.0021%

 

Trading Platform

  1. Desktop Trading Platform – NEST Trader
  2. Web Trading Platform- Bonanza My E Trade
  3. Mobile Trading Platform – Bonanza my E- trade mobile app

 

Benefits

  • Free Online Trading Platform
  • Online application based software
  • 24 hours Back office Support
  • Physical delivery desk
  • PAN India Presence
  • Outstanding Professional Management
  • Best Research Services
  • Free SMS alerts
  • Daily, Weekly and Monthly reports