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Bonanza Vs Aditya Birla Money (Compare Bonanza and Aditya Birla Money)

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About Bonanza
Incorporated in 1994, Bonanza Portfolio Ltd is an Indian financial services and brokerage company with long experience in the capital markets. It offers brokerage services in the areas of equity, indices, and commodity derivatives, as well as provides depository services. Bonanza has pan-India presence across more than 1784 outlets spread across 560 cities. The company operates in the cash and derivative segments of both NSE and BSE. It also has membership of Multi Commodity Exchange (MCX), N... Know more about Bonanza Portfolio Ltd

About Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp...

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Bonanza Vs Aditya Birla Money

Incorporated in 1994, Bonanza is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, NFO, CDS. It has 1784 branches across India. Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India.

	Bonanza	Aditya Birla Money
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX, NFO, CDS	BSE, NSE, MCX
Year of Incorporation	1994	1994
Number of Branches	1784	800
	Enquire Bonanza	Enquire Aditya Birla Money

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Bonanza Vs Aditya Birla Money Charges & AMC

Bonanza trading account opening charges is Rs 999 while Aditya Birla Money account opening changes is Rs 750. Bonanza Demat Account AMC Charges is Nil and Aditya Birla Money Demat Account AMC Charges is Rs 436.

	Bonanza	Aditya Birla Money
Trading Account Opening Charges	Rs 999	Rs 750
Trading Account AMC Charges	Nil	Nil
Demat Account Opening Charges	Nil	Nil
Demat Account AMC Charges	Nil	Rs 436

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Bonanza Vs Aditya Birla Money Brokerage

Bonanza brokerage charges for equity is Rs 18 per executed order and intraday is Rs 18 per executed order whereas Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03%.

Account Type	Bonanza Flat Brokerage Plan	Aditya Birla Money
Fixed Charges
Equity Delivery	Rs 18 per executed order	0.30%
Equity Intraday	Rs 18 per executed order	0.03%
Equity Futures	Rs 18 per executed order	0.03%
Equity Options	Rs 18 per executed order	Rs 50 per lot
Currency Futures	Rs 18 per executed order	0.03%
Currency Options	Rs 18 per executed order	Rs 50 per lot
Commodity Futures	Rs 18 per executed order	0.03%
Commodity Options	Rs 18 per executed order	Nil
Special Offer

Bonanza Charges Vs Aditya Birla Money

Minimum Brokerage	Intraday - .0001% and Delivery - .005%	Rs 20 per executed order
Other Charges
Call & Trade Charges	Rs 25 per trade	Nil

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Bonanza Vs Aditya Birla Money Transaction Charges

Bonanza transaction charges for options is NSE Rs 5750 per Cr (0.0575%) | BSE Rs 3250 per Cr (0.0325%) (on premium) while Aditya Birla Money exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

	Bonanza	Aditya Birla Money
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (each side)	Rs 325 per Cr (0.00325%)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 275 per Cr (0.00275%) (each side)	Rs 325 per Cr (0.00325%)
Equity Futures	NSE Rs 215 per Cr (0.00215%) \| BSE Rs 75 per Cr (0.00075%) (each side)	Rs 190 per Cr (0.0019%)
Equity Options	NSE Rs 5750 per Cr (0.0575%) \| BSE Rs 3250 per Cr (0.0325%) (on premium)	Rs 5000 per Cr (0.05%) (on premium)
Currency Futures	NSE Rs 135 per Cr (0.00135%) \| BSE Rs 29 per Cr (0.00029%)	Rs 110 per Cr (0.0011%)
Currency Options	NSE Rs 4750 per Cr (0.0475%) \| BSE Rs 754 per Cr (0.00754%) (on premium)	Rs 4000 per Cr (0.04%) (on premium)
Commodity	MCX - Non Agri Rs 235 per Cr (0.00235%) \| MCX - Agri Rs 100 per Cr (0.001%)	MCX - Rs 300 per Cr (0.003%) \| NCDEX - Rs 400 per Cr (0.004%)
	Enquire Bonanza	Enquire Aditya Birla Money

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Bonanza Vs Aditya Birla Money Leverage (Margin)

Bonanza margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Aditya Birla Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Bonanza	Aditya Birla Money
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Enquire Bonanza	Enquire Aditya Birla Money

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Compare Bonanza and Aditya Birla Money Features

The trading platforms offered Bonanza include Omnesys NEST Trader, My E Trade, My E Trade Mobile App. Aditya Birla Money offers Etrade, Advanced web, Mobile invest trading software.

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Bonanza Vs Aditya Birla Money Review

Bonanza is rated 3.6 of 5 based on 7 customer reviews whereas Aditya Birla Money is rated 2.8 of 5 based on 23 customer reviews.

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Bonanza Vs Aditya Birla Money Investment Options

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Bonanza Vs Aditya Birla Money Order Type Offered

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Bonanza Vs Aditya Birla Money Research Report

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Bonanza Vs Aditya Birla Money Suitable For Investor Type

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Bonanza Vs Aditya Birla Money - Pros and Cons

	Bonanza	Aditya Birla Money
Pros	Multiple fee structure to fulfill need of different type of investors. Offers 2 in 1 account which is Trading cum Demat account Bonanza offers add-on services like online bidding for IPO and mutual funds	ABM offers 2 in 1 account which is Trading cum Demat account No Call and Trade charges Fund transfer facility available from more than 11 banks ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
Cons	Call & trade is charged extra at the rate of Rs 25 per trade. Bonanza doesn't offer any Referral program. Customer reported hidden charges and fees which was not explained at the time of account opening.	Doesn't offer online account opening facility Brokerage calculator is not available Doesn't have Referral program
Reviews
Promo / Offers	AMC are waived off for the 1st year
	Enquire Bonanza	Enquire Aditya Birla Money