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Geojit BNP Paribas Vs Bonanza Online – Share Brokers Comparison
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Geojit BNP Paribas Vs Bonanza Online
Here is a point by point comparison of Geojit BNP Paribas Vs Bonanza Online. Geojit BNP Paribas is one of the prominent full service brokers in India with 8,00,000 clients across 509 offices across the country. At the same time, Geojit BNP Paribas also has an international presence across middle eastern countries such as Saudi Arabia, Bahrain, UAE, Oman and Kuwait.
Bonanza Online is a full service broker with presence in around 560 cities with 1800 outlets across the country. It offers multiple brokerage plans depending on the margin money the client is looking to put in while opening the account. This makes Bonanza Online one of the cheapest stock broker in India in terms of brokerage.
Full service brokers such as Geojit BNP Paribas or Bonanza Online will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Geojit BNP Paribas Vs Bonanza Online to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
 |  | |
| Geojit BNP Paribas Review | Bonanza Online Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 1987 | 1994 |
| Number of branches across India | 509 | 1784 |
| Exchanges | BSE, NSE, MCX-SX | NSE, BSE, MCX, MCX – SX, ICEX, USE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹425 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹250 |
| Transaction Charges | Geojit BNP Transaction Charges | Bonanza Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | 0.1% |
| Intraday Delivery | 0.03% | 0.005% |
| Equity Futures | 0.03% | 0.005% |
| Equity Options | ₹125 per contract | ₹15 per lot |
| Currency Futures | 0.03% | 0.0025% |
| Currency Options | ₹125 per contract | ₹5 per lot |
| Commodity | NA | 0.004% |
| Brokerage Calculator | Geojit BNP Brokerage Calculator | Bonanza Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 10 times, For Delivery upto 7 days but with interest of 22%/annum | Upto 10 times for intraday, Delivery@interest |
| Equity Futures | No additional leverage for Intraday | Upto 3 times for intraday |
| Equity Options | No additional leverage for Intraday | No leverage for buying, upto 2 times for shorting |
| Currency Futures | No additional leverage for Intraday | Upto 2 times for intraday |
| Currency Options | No additional leverage for Intraday | No leverage for buying, upto 2 times for shorting |
| Commodities | NA | Upto 3 times for intraday |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity |  | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | Selfie Platinum, Selfie Gold, Mobile App | My E-Trade, Nest Trader, My E-Trade Mobile App |
| Total BSE+NSE Complaints | 39 | 53 |
| OVERALL RATING |  | |
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Geojit BNP Paribas Vs Bonanza Online
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