Bonanza Review

Bonanza Review

Bonanza Review

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.

Bonanza Services

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

Bonanza 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

Bonanza Brokerage Plans

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

Bonanza brokerage calculator

Bonanza 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%

 

Bonanza 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%

 

Bonanza 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

Bonanza

Customer Service Availability
Toll Free Number
Email Support
24/7 Support
Phone Support
Live Chat


Bonanza Pros

  • 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

Bonanza Cons

  • No support facilities for NRI.
  • It Doesn’t offer 3 in 1 account.
  • Rs 25 Call and other Trade charges are involved.