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 focussed to provide the outstanding online trading services along with better benefits to its customers. It is the member of the NSE (Natioanl 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 approches 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 Maintance 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 Type Default Plan Rs.1000 Rs.7500
Equity Delivery Brokerage 0.10% 0.1% 0.025%
Equity Intraday Brokerage 0.01% 0.005% 0.00312%
Equity Futures Brokerage 0.01% 0.005% 0.00312%
Equity Options Brokerage Rs 20 per Lot Rs.15 per lot Rs. 10 per lot
Currency Futures Trading Brokerage 0.006% .0025% 0.0015%
Currency Options Trading Brokerage Rs 10 Rs.5 per lot 4 per lot
Commodity Trading Brokerage 0.006% 0.004% 0.00208%

 

Transaction/ Turnover Charges

Equity Delivery 0.00325%
Equity Intraday 0.00325%
Equity Futures 0.0019%
Equity Options 0.05%
Currency Futures 0.0011%
Currency Options 0.040%
Commodity 0.0021%

 

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 Backoffice Support
  • Physical delivery desk
  • PAN India Presence
  • Oustanding Professional Management
  • Best Research Services
  • Free SMS alerts
  • Daily , Weekly and Monthly reports