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Indiabulls Vs Bonanza Online
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Indiabulls Vs Bonanza Online is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Indiabulls Vs Bonanza Online so that you get a 360-degree view about which broker to go ahead with.
Indiabulls Vs Bonanza Online Comparison
Here is a point by point comparison of Indiabulls 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.
Indiabulls Ventures is a discount stockbroking house from Indiabulls Group (pivoted from the full-service broking model). Based out of Gurgaon, Indiabulls has a presence in 18 cities of the country with a client base of 7 Lakhs. It is one of the very few stockbrokers that provides zero brokerage unlimited trading plans to its clients.
Full service brokers such as Bonanza Online will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Discount brokers such as Indiabulls Ventures 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 Indiabulls 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
Indiabulls Vs Bonanza Online Details
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.
 |  | |
| Indiabulls Ventures Review | Bonanza Online Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 2000 | 1994 |
| Number of branches across India | 150 | 1784 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE, MCX, MCX – SX, ICEX, USE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹450 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹0 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹450 (Free 1st Year) | ₹250 |
| Transaction Charges | Indiabulls Transaction Charges | Bonanza Online Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.01% | 0.1% |
| Intraday Delivery | ₹15 per executed order or 0.01% (whichever is lower) | 0.005% |
| Equity Futures | ₹15 per executed order or 0.01% (whichever is lower) | 0.005% |
| Equity Options | ₹15 per lot | ₹15 per lot |
| Currency Futures | ₹15 per executed order or 0.01% (whichever is lower) | 0.0025% |
| Currency Options | ₹15 per lot | ₹5 per lot |
| Commodity | ₹15 per executed order or 0.01% (whichever is lower) | 0.004% |
| Brokerage Calculator | Indiabulls Brokerage Calculator | Bonanza Online Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, & 3 times for Delivery | Upto 10 times for intraday, Delivery@interest |
| Equity Futures | Upto 3 times Intraday | Upto 3 times for intraday |
| Equity Options | NA | No leverage for buying, upto 2 times for shorting |
| Currency Futures | Upto 3 times Intraday | Upto 2 times for intraday |
| Currency Options | NA | No leverage for buying, upto 2 times for shorting |
| Commodities | Upto 3 times 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) | Power Indiabulls, Online Trading, Indiabulls Shubh | My E-Trade, Nest Trader, My E-Trade Mobile App |
| Total BSE+NSE Complaints | 43 | 53 |
| OVERALL RATING |  |  |
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Indiabulls Vs Bonanza Online
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