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TradeBulls Vs Bonanza Online
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TradeBulls Vs Bonanza Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
TradeBulls Vs Bonanza Online Comparison
Here is a point by point comparison of TradeBulls Vs Bonanza Online.
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.
TradeBulls is a full-service stockbroker based out of Mumbai. Being a Full-Service Stockbroker, Tradebulls charges a reasonable brokerage rate and offers its in-house developed trading platforms to clients.
Full-service brokers such as Bonanza Online or TradeBulls 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 TradeBulls 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
TradeBulls Vs Bonanza Online Compare
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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
 |  | |
| Tradebulls Review | Bonanza Online Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 2009 | 1994 |
| Number of branches across India | 18 | 1784 |
| Exchanges | NSE, BSE, MCX-SX, NCDEX and MCX | NSE, BSE, MCX, MCX – SX, ICEX, USE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹350 | ₹250 |
| Transaction Charges | Tradebulls Transaction Charges | Bonanza Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.2% | 0.1% |
| Intraday Delivery | 0.02% | 0.005% |
| Equity Futures | 0.02% | 0.005% |
| Equity Options | 0.02% | ₹15 per lot |
| Currency Futures | 0.01% | 0.0025% |
| Currency Options | 0.01% | ₹5 per lot |
| Commodity | 0.01% | 0.004% |
| Brokerage Calculator | TradeBulls Brokerage Calculator | Bonanza Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times Intraday & 3 to 5 times for Delivery | Upto 10 times for intraday, Delivery@interest |
| Equity Futures | 2 times | Upto 3 times for intraday |
| Equity Options | 3 times | No leverage for buying, upto 2 times for shorting |
| Currency Futures | 2 times | Upto 2 times for intraday |
| Currency Options | 3 times | No leverage for buying, upto 2 times for shorting |
| Commodities | 3 times | 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) | Tradebulls Client, Diet, Touch Mobile App | My E-Trade, Nest Trader, My E-Trade Mobile App |
| Total BSE+NSE Complaints | 17 | 53 |
| OVERALL RATING |  | |
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover.
For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with TradeBulls Vs Bonanza Online for the benefits of other readers? Please feel free to share in the comments below.
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TradeBulls Vs Bonanza Online
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