Bonanza Vs Progressive Share Brokers
Bonanza
Bonanza Review gives an overall view and updates about the Bonanza Brokerage Charges, Bonanza Margin, Bonanza Trading Software 2024, Bonanza Demat Account Charges and it also gives overview on Bonanza NRI Account, Bonanza Branches, Bonanza Customer Complaints, Bonanza Advantages and Disadvantages, Bonanza Mutual Fund, Bonanza IPO, Bonanza Research Facility, Bonanza Mobile Application, Bonanza Website
Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Bonanza Vs Progressive Share Brokers - Broker Details
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Single Margin Facility |
|
|
| Year of Incorporation | 2000 | 1996 |
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX |
| Branches | 694+ | 3 |
| Brokerage | ₹18/Order | 0.04% per order |
| Broker Type | Full Service Broker | Full Service Broker |
Bonanza Vs Progressive Share Brokers - Account Opening & AMC Charges
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Trading Account Opening Charge | ₹999/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹250 per Year |
| Trading Account AMC | ₹0 (Free) | NA |
Bonanza Vs Progressive Share Brokers - Brokerage charges & Plans
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹18/Order | 0.04% per order |
| Currency Futures | ₹18/Order | 0.04% per order |
| Equity Delivery | ₹18/Order | 0.35% per order |
| Equity Options | ₹18/Order | ₹35 per lot |
| Commodity Options | ₹18/Order | ₹35 per lot |
| Equity Futures | ₹18/Order | 0.04% per order |
| Currency Options | ₹18/Order | ₹15 per lot |
| Fixed Charges | ₹18/Order | 0.04% per order |
| Equity Intraday | ₹18/Order | 0.04% per order |
Bonanza Vs Progressive Share Brokers - Other Charges
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹25/Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹18/Order | 0.04% per order |
| Minimum Brokerage | ₹18/Order | 0.04% per order |
Bonanza Vs Progressive Share Brokers - Transaction Charges
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Currency Options | NSE - ₹40/Lac (0.040%) on Premium Value | BSE - ₹0.04/Lac (0.00004%) on Premium | MCX-SX - ₹30/Lac (0.030%) on Premium | Exchange txn charge: 0.035% |
| Equity Futures | NSE - ₹1.90/Lac (0.0019%) | BSE - ₹0.50/Lac (0.0005%) | MCX-SX - ₹1.20/Lac (0.0012%) | NSE: 0.0019% |
| Equity Intraday | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac (0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
| Equity Options | NSE - ₹50/Lac (0.05%) on Premium | BSE - ₹25/ Lac (0.025%) on Premium | MCX-SX - ₹25/Lac (0.025%) on Premium | NSE: 0.05% (on premium) |
| Commodity | MCX -Non Agri:- ₹2.10/Lac (0.0021%) | MCX -Agri:- ₹0.75/Lac (0.00075%) | NCDEX - A:- ₹3.5/Lac (0.0035%) | NCDEX - B:- ₹1.25/Lac (0.00125%) | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% |
| Currency Futures | NSE - ₹1.10/Lac (0.0011%) | BSE - ₹0.04/Lac(0.00004%) | MCX-SX - ₹1.05/Lac (0.00105%) | Exchange txn charge: 0.0009% Clearing charge: .00025% |
| Equity Delivery | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac(0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) |
Bonanza Vs Progressive Share Brokers - Margin (Exposure)
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Bonanza Vs Progressive Share Brokers - Features
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|
Bonanza Vs Progressive Share Brokers - Review & Rating
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Bonanza Vs Progressive Share Brokers - Request a call back from Broker
| Bonanza | Progressive Share Brokers | |
|---|---|---|
Bonanza Vs Progressive Share Brokers - Investment Options
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Currency |
|
|
| IPO |
|
|
| Commodity |
|
|
| Debt |
|
|
| Other Options |
|
|
| Stock Cash / Equity |
|
|
| Mutual Funds |
|
|
| Bond / NCD |
|
|
Bonanza Vs Progressive Share Brokers - Order Type
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Bracket Order/BO/OCO |
|
|
| BTST |
|
|
| Cover Order/CO |
|
|
| Good Till Cancelled (GTC) |
|
|
| BUY ABOVE/SELL BELOW (SL-M) |
|
|
| After Market Order(AMO) |
|
|
| STBT |
|
|
Bonanza Vs Progressive Share Brokers - Research & Report
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Free Tips |
|
|
| Quarterly Result Analysis |
|
|
| Daily Market Report |
|
|
| News Alerts |
|
|
Bonanza Vs Progressive Share Brokers - Daily Market Report
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Daily Market Reports & News |
|
|
Bonanza Vs Progressive Share Brokers - Suitable For Investor
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Casual Investor |
|
|
| Active Investor |
|
|
| Trader |
|
|
Bonanza Vs Progressive Share Brokers - Pros & Cons
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Pros | 1.They provide intraday reports and historical charting 2.Bonanza offers services like online bidding for IPO and mutual funds. 3.Bonanza automatically sends listings to Bing and Google Shopping. | 1. Innovative Trading Platforms, 2.Educational Resources, 3.Low Fees and Commissions, 4.Responsive Customer Support, 5.Innovative Features |
| Cons | 1.Bonanza not transparent in terms of brokerage, fees and other hidden charges. 2.Bonanza doesn't offer any Referral programmer. 3.Bonanza has limited options for customizing layouts for specific listings | 1. Complexity of Trading Platforms, 2. Higher Minimum Deposit Requirements, 3. Limited Personalized Guidance, 4. Lack of Physical Branches |
Bonanza Vs Progressive Share Brokers - Background
| Bonanza | Progressive Share Brokers | |
|---|---|---|
Bonanza Vs Progressive Share Brokers - Compare All Brokers
| Bonanza | Progressive Share Brokers | |
|---|---|---|
Bonanza Vs Progressive Share Brokers - STT/CTT
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell (On Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
Bonanza Vs Progressive Share Brokers - Demat transaction charges
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹10 per request |
Bonanza Vs Progressive Share Brokers - GST
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Bonanza Vs Progressive Share Brokers - SEBI Charges
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bonanza Vs Progressive Share Brokers - Account Opening & AMC Charges
Bonanza
Progressive Share Brokers
Trading Account Opening Charge
₹999/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹250 per Year
Trading Account AMC
₹0 (Free)
NA
Bonanza Vs Progressive Share Brokers
| Bonanza | Progressive Share Brokers | |
|---|---|---|
Bonanza Review | Brokerage Charges, Account OpeningBonanza is a very old and trustworthy broker. Incorporated on 1994 as a financial service provider and in a short span of time, Bonanza has emerged as one of the best full-service brokers of India. Bonanza provides the facility to invest in NSE, BSE, MCX, MSEI, NCDEX, NMCE and ICEX. It is popular for its
Read more..
|
Progressive Share Brokers Account Opening Process and Charges |
|
|
|
|
|
Progressive Share Brokers
Progressive Share Brokers Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Bonanza Vs Progressive Share Brokers - Brokerage charges & Plans
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | ₹18/Order | 0.04% per order |
| Currency Futures | ₹18/Order | 0.04% per order |
| Equity Delivery | ₹18/Order | 0.35% per order |
| Equity Options | ₹18/Order | ₹35 per lot |
| Commodity Options | ₹18/Order | ₹35 per lot |
| Equity Futures | ₹18/Order | 0.04% per order |
| Currency Options | ₹18/Order | ₹15 per lot |
| Fixed Charges | ₹18/Order | 0.04% per order |
| Equity Intraday | ₹18/Order | 0.04% per order |
Bonanza Vs Progressive Share Brokers - Margin (Exposure)
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of Normal margin (Span + Exposure)) |
Bonanza Vs Progressive Share Brokers - Other Charges
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per order |
| API Charges | N/A | Free API |
| Call & Trade Charges | ₹25/Order | Rs. 20 (+ GST) |
| Other Brokerage Charges | ₹18/Order | 0.04% per order |
| Minimum Brokerage | ₹18/Order | 0.04% per order |
Bonanza Vs Progressive Share Brokers - STT/CTT
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the sell side |
| Equity Options | 0.05% only on sell (On Premium) | 0.0625% on sell side (on premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.0125% on sell side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
Bonanza Vs Progressive Share Brokers - Demat transaction charges
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹10 per request |
Bonanza Vs Progressive Share Brokers - GST
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Bonanza Vs Progressive Share Brokers - SEBI Charges
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bonanza Vs Progressive Share Brokers - Features
| Bonanza | Progressive Share Brokers | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM | Equity & F&O:- 3:30pm | Currency: 4:45PM | Commodities: 11:15 PM |
| Trading Platform | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade | 1. Investor 360 Web Portal, 2. Investor 360 Mobile App |
| SMS Alerts for Trades |
|
|
| Direct Mutual Fund |
|
|