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Zipper Trade Vs Bonanza Online – Share Brokers Comparison
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Zipper Trade Vs Bonanza Online
Here is a point by point comparison of Zipper Trade 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. Zipper Trade is a discount broker launched recently in 2016 from the house of RK Stock holding. The broker free account opening but does a pretty average job in aspects such as trading platforms, service, exposure.
Full service brokers such as 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. Discount brokers such as Zipper Trade offer trading services at much cheaper brokerage rates and reasonable customer service. 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 Zipper Trade 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
 |  | |
| Zipper Trade Review | Bonanza Online Review | |
| OVERVIEW | ||
| Broker Type | Discount Stock Broker | Full Service Broker |
| Incorporated In the Year | 2016 | 1994 |
| Number of branches across India | 1 | 1784 |
| Exchanges | NSE, BSE, MCX-SX, MCX and NCDEX | 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 | ₹0 | ₹250 |
| Transaction Charges | Zipper Trade Transaction Charges | Bonanza Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | ₹15 per executed order or 0.1% of turnover (whichever is lower) | 0.1% |
| Intraday Delivery | ₹15 per executed order or 0.1% of turnover (whichever is lower) | 0.005% |
| Equity Futures | ₹15 per executed order or 0.1% of turnover (whichever is lower) | 0.005% |
| Equity Options | ₹15 per executed order | ₹15 per lot |
| Currency Futures | ₹15 per executed order or 0.1% of turnover (whichever is lower) | 0.0025% |
| Currency Options | ₹15 per executed order | ₹5 per lot |
| Commodity | ₹15 per executed order | 0.004% |
| Brokerage Calculator | Zipper Trade Brokerage Calculator | Bonanza Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, No exposure for Delivery | Upto 10 times for intraday, Delivery@interest |
| Equity Futures | 2 times for Intraday | Upto 3 times for intraday |
| Equity Options | 3 times for Intraday | No leverage for buying, upto 2 times for shorting |
| Currency Futures | 2 times for Intraday | Upto 2 times for intraday |
| Currency Options | 3 times for Intraday | No leverage for buying, upto 2 times for shorting |
| Commodities | 2 times for Intraday | 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) | ODIN Diet, NOW Online | My E-Trade, Nest Trader, My E-Trade Mobile App |
| Complaints percentage | 0.05% | 0.05% |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Zipper Trade Vs Bonanza Online for the benefits of other readers. Please feel free to share in the comments below.
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Zipper Trade Vs Bonanza Online
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