Bonanza Faqs 2023 | Question Bank
Comments for Bonanza Faqs 2023 | Question Bank
Frequently Asked Questions
Yes, Bonanza offers semi and fully Algo trading on its platform.
Bonanza is equipped with many unique features such as free demat & trading account opening, brokerage of flat Rs18 per executed order. handsome leverage facility in all segment, online & offline account opening facility method, trading software & tools and more than 1700+ branches are available across India.
It is totally free; you don’t need to pay single penny for opening of demat and trading account.
No, Bonanza does not charge any extra brokerage on canceling and modifying an order. Transparency is the key quality of Bonanza.
15 minutes before the market closes as both Bracket Orders (BO) and Cover Order (CO) are intraday orders.
NRML refers to when a trader wants to avail the leverage benefits in equity delivery whereas CNC (Cash and Carry) refers to when a trader can buy shares on the behalf of available funds in his/her account.
No, it is very much clear that securities received against investments under Foreign Direct Investment Scheme (FDI), Portfolio Investment Scheme (PIS) and Scheme for investment on non-repatriation basis need to be credited into separate demat account and also investment under PIS can be on repatriation and non-repatriation basis.
It is a very simple process; you need to visit the nearby branch or download the account opening form from the official website and send it to broker’s office along with required documents.
Yes, Bonanza offers call and trade facility @flat Rs 25 per order.
Yes, you can place After Market Order (AMO) on Bonanza.
No, Bonanza only offers 2-in-1 account on its platform.
Yes, Bonanza allow you to invest in any IPO.
Yes, any NRI around the world can invest in Indian Share market by using this platform.
NRI/PIO are allowed to open only one account with any designated bank (Preferred bank - Axis bank) in a prescribed format for PIS account. After that, bank can issue a PIS approval letter to the investor.
No, without any approval, NRI’s can sell any securities or debentures on the exchange.
No, Bonanza does not offer to invest in US stocks.