Bonanza Vs Definedge Securities
                                         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
                                    
                                         Definedge Securities
                                        
                                    
Bonanza Vs Definedge Securities - Broker Details
| Bonanza | Definedge Securities | |
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| Single Margin Facility | 
                                                             
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| Year of Incorporation | 2000 | 2015 | 
| Exchanges | NSE, BSE | NSE, BSE, MCX and NCDEX. | 
| Branches | 694+ | 270 | 
| Brokerage | ₹18/Order | ₹18 per executed order | 
| Broker Type | Full Service Broker | Discount Broker | 
Bonanza Vs Definedge Securities - Account Opening & AMC Charges
| Bonanza | Definedge Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹999/- | ₹180 | 
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) | 
| Demat Account AMC | ₹0 (Free) | ₹300 | 
| Trading Account AMC | ₹0 (Free) | ₹300 AMC | 
Bonanza Vs Definedge Securities - Brokerage charges & Plans
| Bonanza | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹18/Order | 0.03% or ₹18 per executed order whichever is lower | 
| Currency Futures | ₹18/Order | 0.03% or ₹18 per executed order whichever is lower | 
| Equity Delivery | ₹18/Order | ₹0 (Free) | 
| Equity Options | ₹18/Order | ₹18 per executed order | 
| Commodity Options | ₹18/Order | ₹18 per executed order | 
| Equity Futures | ₹18/Order | 0.03% or ₹18 per executed order whichever is lower | 
| Currency Options | ₹18/Order | ₹18 per executed order | 
| Fixed Charges | ₹18/Order | ₹18 per executed order | 
| Equity Intraday | ₹18/Order | 0.03% or ₹ 18 per executed order whichever is lower | 
Bonanza Vs Definedge Securities - Transaction Charges
| Bonanza | Definedge Securities | |
|---|---|---|
| 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 | NSE ₹4220/ Cr (0.04220%) | MCX ₹3220/ Cr (0.03220%) (on premium) | 
| Equity Futures | NSE - ₹1.90/Lac (0.0019%) | BSE - ₹0.50/Lac (0.0005%) | MCX-SX - ₹1.20/Lac (0.0012%) | NSE ₹190 per Cr (0.0019%)| BSE ₹50 per Cr (0.00035) each side | 
| Equity Intraday | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac (0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/ Cr (0.00275%) (each side) | 
| 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 ₹5000/ Cr (0.05%) | BSE ₹50/ Cr (0.0005%) (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%) | MCX (Non-Agri) ₹230/ Cr (0.0023%) | MCX (Agri) ₹95/ Cr (0.00095%) | 
| Currency Futures | NSE - ₹1.10/Lac (0.0011%) | BSE - ₹0.04/Lac(0.00004%) | MCX-SX - ₹1.05/Lac (0.00105%) | NSE ₹135/ Cr (0.00135%) | MCX ₹130/ Cr (0.00130%) | 
| Equity Delivery | NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac(0.00275%) | MCX-SX - ₹2.00/Lac (0.002%) | NSE ₹325/ Cr (0.00325%) | BSE ₹275/Cr (0.00275%) (each side) | 
Bonanza Vs Definedge Securities - Margin (Exposure)
| Bonanza | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - Features
| Bonanza | Definedge Securities | |
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| Margin Trading Facility | 
                                                             
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| Call & Trade Facility | 
                                                             
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| Referral Program | 
                                                             
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| Collateral Margin | 
                                                             
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| Online Demo | 
                                                             
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| 3 in 1 Account | 
                                                             
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| Charting | 
                                                             
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| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | 
| Trading Platform | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 
| SMS Alerts for Trades | 
                                                             
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| Direct Mutual Fund | 
                                                             
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Bonanza Vs Definedge Securities - Review & Rating
| Bonanza | Definedge Securities | |
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| Trading Brokerage | ||
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Bonanza Vs Definedge Securities - Request a call back from Broker
| Bonanza | Definedge Securities | |
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Bonanza Vs Definedge Securities - Investment Options
| Bonanza | Definedge Securities | |
|---|---|---|
| Currency | 
                                                             
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| IPO | 
                                                             
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| Commodity | 
                                                             
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| Debt | 
                                                             
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| Other Options | 
                                                             
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| Stock Cash / Equity | 
                                                             
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Bonanza Vs Definedge Securities - Order Type
| Bonanza | Definedge Securities | |
|---|---|---|
| Bracket Order/BO/OCO | 
                                                             
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| BTST | 
                                                             
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| Cover Order/CO | 
                                                             
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| Good Till Cancelled (GTC) | 
                                                             
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| BUY ABOVE/SELL BELOW (SL-M) | 
                                                             
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| After Market Order(AMO) | 
                                                             
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| STBT | 
                                                             
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Bonanza Vs Definedge Securities - Research & Report
| Bonanza | Definedge Securities | |
|---|---|---|
| Free Tips | 
                                                             
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| Quarterly Result Analysis | 
                                                             
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| Daily Market Report | 
                                                             
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| News Alerts | 
                                                             
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Bonanza Vs Definedge Securities - Suitable For Investor
| Bonanza | Definedge Securities | |
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| Casual Investor | 
                                                             
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| Active Investor | 
                                                             
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| Trader | 
                                                             
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Bonanza Vs Definedge Securities - Pros & Cons
| Bonanza | Definedge Securities | |
|---|---|---|
| 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. Well-established brokerage firm, 2. Diverse range of financial products, 3. Advanced trading platforms. 4. Experienced team of professionals, 5. Strong research and analysis support. | 
| 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. Possible high fees or commissions, 2. Customer service quality might vary, 3. Limited physical branch presence, 4. May not cater to all types of investors.5. Platform complexity for beginners. | 
Bonanza Vs Definedge Securities - Background
| Bonanza | Definedge Securities | |
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Bonanza Vs Definedge Securities - Compare All Brokers
| Bonanza | Definedge Securities | |
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Bonanza Vs Definedge Securities - STT/CTT
| Bonanza | Definedge Securities | |
|---|---|---|
| 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) | 0.05% on sell Side | 
| Currency Options | No STT | No STT | 
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell | 
| Equity Futures | 0.01% only on sell | 0.01% on sell Side | 
| Commodity Options | 0.05% only on sell side | 0.05% on sell side | 
Bonanza Vs Definedge Securities - Demat transaction charges
| Bonanza | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹0 (Free) | 
Bonanza Vs Definedge Securities - GST
| Bonanza | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | 
Bonanza Vs Definedge Securities - SEBI Charges
| Bonanza | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore | 
Bonanza Vs Definedge Securities - extractvalue(1,concat(char(126),md5(1525732647)))
| Bonanza | Definedge Securities | |
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Bonanza Vs Definedge Securities - Account Opening & AMC Charges
Bonanza Vs Definedge Securities
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|---|---|---|
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 
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Definedge Securities Review | Account Charges, Brokerage, and Trading Platforms | 
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                                     Definedge Securities
                                    
                                
Bonanza Vs Definedge Securities - Brokerage charges & Plans
| Bonanza | Definedge Securities | |
|---|---|---|
| Commodity Futures | ₹18/Order | 0.03% or ₹18 per executed order whichever is lower | 
| Currency Futures | ₹18/Order | 0.03% or ₹18 per executed order whichever is lower | 
| Equity Delivery | ₹18/Order | ₹0 (Free) | 
| Equity Options | ₹18/Order | ₹18 per executed order | 
| Commodity Options | ₹18/Order | ₹18 per executed order | 
| Equity Futures | ₹18/Order | 0.03% or ₹18 per executed order whichever is lower | 
| Currency Options | ₹18/Order | ₹18 per executed order | 
| Fixed Charges | ₹18/Order | ₹18 per executed order | 
| Equity Intraday | ₹18/Order | 0.03% or ₹ 18 per executed order whichever is lower | 
Bonanza Vs Definedge Securities - Margin (Exposure)
| Bonanza | Definedge Securities | |
|---|---|---|
| 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 Definedge Securities - STT/CTT
| Bonanza | Definedge Securities | |
|---|---|---|
| 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) | 0.05% on sell Side | 
| Currency Options | No STT | No STT | 
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both buy and sell | 
| Equity Futures | 0.01% only on sell | 0.01% on sell Side | 
| Commodity Options | 0.05% only on sell side | 0.05% on sell side | 
Bonanza Vs Definedge Securities - Demat transaction charges
| Bonanza | Definedge Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + GST per scrip only on sell | ₹0 (Free) | 
Bonanza Vs Definedge Securities - GST
| Bonanza | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% (on brokerage + transaction charges) | 
Bonanza Vs Definedge Securities - SEBI Charges
| Bonanza | Definedge Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore | 
Bonanza Vs Definedge Securities - Features
| Bonanza | Definedge Securities | |
|---|---|---|
                                                         
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| Margin Trading Facility | 
                                                         
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| Call & Trade Facility | 
                                                         
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| Referral Program | 
                                                         
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| Collateral Margin | 
                                                         
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| Online Demo | 
                                                         
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| 3 in 1 Account | 
                                                         
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| Charting | 
                                                         
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| Intraday Square-off Time | Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM | Equity & F&O:- 3:15pm | Currency:- 4:45 PM | Commodity:- 11:25 PM | 
| Trading Platform | 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade | 1. Zone Web, 2. Zone Mobile, 3. Tradepoint Software | 
| SMS Alerts for Trades | 
                                                         
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| Direct Mutual Fund | 
                                                         
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