Bonanza Portfolio Review & Brokerage Charges

Bonanza Portfolio is a combination of Discount & Full Service broker based out of New Delhi. They offers brokerage for both kind of customers & services to both full service & discount broker customers. Lets have a detailed Bonanza Portfolio Review, Bonanza Demat Account, Bonanza Portfolio Brokerage Charges, Bonanza Capital Trading Platforms & other important features.

Bonanza Portfolio Customer Ratings & Review

Bonanza Portfolio Customer Ratings & Review

About Bonanza Portfolio

Founded in 1994, Bonanza Portfolio Ltd. offers services to trade in almost all the financial options available. These includes equity, F&O, commodity, currency, distribution of Mutual Funds, IPO, PMS, Health Insurance, Real Estate, Loans, Investment Banking, Wealth Management and Depository Services. The company is spread large and wide throughout the country with 1842 centers across 670 cities in India. With Bonanza Portfolio you can place orders using their online trading platform. The broker provides you with trading ideas, market strategy, monthly updates, investment ideas, daily F&O strategy, weekly newsletter etc. They also provide their clients research calls and/or tips on mobile. Bonanza has its membership in NSE, BSE, MCX, MCX-SX, CDSL, NSDL, ICEX and USE, etc.

The Broker received many awards like Top performer in Equity Segment 2012; India’s no 1 valuable Financial Advisory and Stock Broking Company; 2nd in terms of offices in India 2012.

Bonanza Portfolio facilitates you with instant credit and transfer using integrated net banking with HDFC, ICICI, AXIS Bank etc.

Bonanza Portfolio Products & Services

List of Products & Services offered by Bonanza

Bonanza Capital Products

  • Equity
  • Derivatives
  • Commodity
  • Currency
  • Mutual Funds
  • Insurance
  • Real Estate

Bonanza Portfolio Services

  • Demat Account
  • Depository Services
  • Trading Account
  • Research Reports
  • Advisory Services
  • IPOs
  • PMS
  • Wealth Management Services
  • Investment Banking

Bonanza Portfolio Brokerage Charges & Fees

The broking company offers 3 types of Brokerage Plan:

Bonanza Percentage based brokerage charges

The plan allows to trade in Equity Delivery at 0.1% per executed order. Equity Future and Intraday can be traded at 0.01% on the trade value and option trading can be done at just Rs20/- per lot.

Bonanza Portfolio Flat brokerage plan

Bonanza Capital offers flat brokerage plan of Rs.18/- per executed order: This plan put Bonanza Portfolio in discount Broker category. Rs.18/- per trade falls in medium range that most of discount brokers offers.

Bonanza Portfolio Monthly plan

Bonanza also offers monthly plan @ Rs.3000/- which helps you trade with a discounted brokerage charged and is valid till the turnover/amount not finished. The brokerage charged in this plan is as follows:

  • Delivery @ 0.03%
  • Equity Future @ 0.00375%
  • Intraday @ 0.00375%
  • Option trade @ Rs12/- per lot

They also have Rs.1000/- monthly plan, Rs.7500/- quarterly plan and Rs.27000/- yearly plan. Call & trade facility is available at Rs.25/- per executed order which we find to be on higher side.

Bonanza Trading and Demat Account Charges

  • Trading Account Opening Charges: Nil
  • Demat account Opening Charges: Nil
  • Trading Annual maintenance charges: Nil
  • Demat Account Annual Maintenance Charges (AMC): Rs.250/-

How to Open Bonanza Portfolio Demat Account?

  • Fill an online application form. Fill the Contact form
  • Email Support : contact@bonanzaonline.com
  • Toll Free Number : 1800 266 6655
  • Head Office: 2/2 A, First Floor, Lakshmi Insurance Building, Asaf Ali Road, New Delhi-110002
  • Corporate Office: Bonanza House, Plot No. M-2, Cama Industrial Estate, Walbhat Road,, Goregaon (East), Mumbai – 400 063.
  • Back office Login: Bonanzaonline.com/client-back-office

Why Open Bonanza Demat Account?

  • Large Network of business associates in India.
  • Valuable financial advisory and dedicated research reports.
  • Offers an extensive gamut of product and services.
  • Strong marketing team, technical and back office support.
  • Bonanza Touch Mobile App for mobile trading.

Bonanza Portfolio Trading Platforms Review

It offers trading through its trading software, website based trading and mobile app, all available for free. Bonanza Portfolio does not charge any software usage fee either.

Bonanza Capital Web based Trading Platform: Bonanza Netnetlite Review

This is the Web-based interface with real-time data streaming. It has flexibility to trade from any part of the world. It is safe, user-friendly integrated trading front-end for multiple exchanges on same platform.

Bonanza Desktop based Trading Terminal: Bonanza ODIN Diet Review

an exe based interface that has to be loaded on your computer to allow instant updates, information, control and independence.

The key features of Bonanza ODIN Diet:

  • Single screen trading terminal.
  • Intra-day, BTST, STBT as well as fundamental Research calls.
  • Advanced charting tools and indicators.
  • Facility to place any number of scripts in the one market watch.

Bonanza Portfolio Mobile App: Bonanza Touch Review

This is mobile trading app of Bonanza Portfolio for android phone users only.

The broking is also providing demo trading as well as demo for back office application.

Bonanza Portfolio Advantages / Disadvantages

Bonanza leads by example by providing everything under one roof and going with pace by introducing flat fee brokerage which is the need of majority of those who trade.

The Discount broker may not have the cheapest trades but they provide an easy-to-use website, a high quality mobile trading experience, and excellent research to satisfy both casual and active trader.

Advantages

  • Percentage based plan and flat fee plans
  • Wide range of investment products and services
  • Comparatively low brokerage rates

Disadvantages

  • No 3 in 1 account
  • No NRI support
  • Rs.25/- Call and Trade charges

List of all Discount Brokers in India –

Zerodha , 5Paisa , Upstox / RKSV , Samco , SAS Online , Wisdom Capital , Trade Smart Online , Tradejini , Beeline Broking , Compositedge , RK Global , Achiievers Equities , Bonanza Portfolio , MDirect , TradingBells , EzWealth

Important Blog Posts –

Top 10 Stock Brokers in India , Best Stock Broker in India , Top 10 Intraday Trading Brokers in India , Top 10 Sub Broker Partner in India , Full Service Broker vs Discount Broker in India , 10 Best Practices of Share Market Investment , Mutual Fund vs Real Estate Investment

List of Stock Broking Franchise in India –

Angel Broking Franchise , Kotak Securities Franchise , ICICI Direct Franchise , Sharekhan Franchise , Motilal Oswal Franchise , IIFL Franchise / India Infoline Franchise , SMC Franchise , Nirmal Bang Franchise , Sushil Finance Franchise , Profitmart Franchise

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