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Comparision (Upstox VS Bonanza)

 

Upstox Vs Bonanza

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

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

Upstox Vs Bonanza - Broker Details

Upstox Bonanza
Single Margin Facility
Year of Incorporation 2009 2000
Exchanges BSE, NSE and MCX NSE, BSE
Branches Zero 694+
Brokerage ₹20/ Order or 0.05% (Whichever is lower) ₹18/Order
Broker Type Discount Broker Full Service Broker

Upstox Vs Bonanza - Account Opening & AMC Charges

Upstox Bonanza
Trading Account Opening Charge ₹0 (Free) ₹999/-
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Upstox Vs Bonanza - Brokerage charges & Plans

Upstox Bonanza
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹18/Order
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹18/Order
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹18/Order
Equity Options ₹20/ Order ₹18/Order
Commodity Options ₹20/ Order ₹18/Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹18/Order
Currency Options ₹20/ Order ₹18/Order
Fixed Charges ₹20/ Order ₹18/Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹18/Order

Upstox Vs Bonanza - Other Charges

Upstox Bonanza
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) N/A
Call & Trade Charges (₹50 + GST) ₹25/Order
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹18/Order
Minimum Brokerage ₹20/ Order ₹18/Order

Upstox Vs Bonanza - Transaction Charges

Upstox Bonanza
Currency Options NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% NSE - ₹40/Lac (0.040%) on Premium Value | BSE - ₹0.04/Lac (0.00004%) on Premium | MCX-SX - ₹30/Lac (0.030%) on Premium
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% NSE - ₹1.90/Lac (0.0019%) | BSE - ₹0.50/Lac (0.0005%) | MCX-SX - ₹1.20/Lac (0.0012%)
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac (0.00275%) | MCX-SX - ₹2.00/Lac (0.002%)
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% NSE - ₹50/Lac (0.05%) on Premium | BSE - ₹25/ Lac (0.025%) on Premium | MCX-SX - ₹25/Lac (0.025%) on Premium
Commodity Non-Agri: Exchange turnover charge: 0.0026% 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%)
Currency Futures NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% NSE - ₹1.10/Lac (0.0011%) | BSE - ₹0.04/Lac(0.00004%) | MCX-SX - ₹1.05/Lac (0.00105%)
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE - ₹3.25/Lac (0.00325%) | BSE - ₹2.75/Lac(0.00275%) | MCX-SX - ₹2.00/Lac (0.002%)

Upstox Vs Bonanza - Margin (Exposure)

Upstox Bonanza
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML 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 margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Upstox Vs Bonanza - Features

Upstox Bonanza
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade
SMS Alerts for Trades
Direct Mutual Fund

Upstox Vs Bonanza - Review & Rating

Upstox Bonanza
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Upstox Vs Bonanza - Request a call back from Broker

Upstox Bonanza

Upstox Vs Bonanza - Investment Options

Upstox Bonanza
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Upstox Vs Bonanza - Order Type

Upstox Bonanza
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Upstox Vs Bonanza - Research & Report

Upstox Bonanza
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Upstox Vs Bonanza - Daily Market Report

Upstox Bonanza
Daily Market Reports & News

Upstox Vs Bonanza - Suitable For Investor

Upstox Bonanza
Casual Investor
Active Investor
Trader

Upstox Vs Bonanza - Pros & Cons

Upstox Bonanza
Pros 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. 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.
Cons 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. 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

Upstox Vs Bonanza - Background

Upstox Bonanza

Upstox Vs Bonanza - Compare All Brokers

Upstox Bonanza

Upstox Vs Bonanza - STT/CTT

Upstox Bonanza
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% only on sell side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% only on sell
Equity Options 0.05% only on sell 0.05% only on sell (On Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy & sell
Equity Futures 0.01% only on sell 0.01% only on sell
Commodity Options 0.05% on sell trade 0.05% only on sell side

Upstox Vs Bonanza - Demat transaction charges

Upstox Bonanza
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹15 + GST per scrip only on sell

Upstox Vs Bonanza - GST

Upstox Bonanza
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge)

Upstox Vs Bonanza - SEBI Charges

Upstox Bonanza
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs Bonanza - Account Opening & AMC Charges

Upstox
Bonanza
Trading Account Opening Charge
₹0 (Free)
₹999/-
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account

Upstox Vs Bonanza

Upstox Bonanza
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

+ " Vs "+ Bonanza
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Bonanza Review | Brokerage Charges, Account Opening

Bonanza 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..
 
 

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

Upstox Vs Bonanza - Brokerage charges & Plans

Upstox Bonanza
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹18/Order
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹18/Order
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹18/Order
Equity Options ₹20/ Order ₹18/Order
Commodity Options ₹20/ Order ₹18/Order
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹18/Order
Currency Options ₹20/ Order ₹18/Order
Fixed Charges ₹20/ Order ₹18/Order
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹18/Order
Call Back Open Account

Upstox Vs Bonanza - Margin (Exposure)

Upstox Bonanza
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML 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 margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Upstox Vs Bonanza - Other Charges

Upstox Bonanza
RMS Square Off Charge (₹50 + GST) ₹0 (Free)
API Charges ₹0 (Free) N/A
Call & Trade Charges (₹50 + GST) ₹25/Order
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹18/Order
Minimum Brokerage ₹20/ Order ₹18/Order

Upstox Vs Bonanza - STT/CTT

Upstox Bonanza
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% only on sell side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% only on sell
Equity Options 0.05% only on sell 0.05% only on sell (On Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% on both buy & sell
Equity Futures 0.01% only on sell 0.01% only on sell
Commodity Options 0.05% on sell trade 0.05% only on sell side

Upstox Vs Bonanza - Demat transaction charges

Upstox Bonanza
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹15 + GST per scrip only on sell

Upstox Vs Bonanza - GST

Upstox Bonanza
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (Brokerage + Transaction Charge)

Upstox Vs Bonanza - SEBI Charges

Upstox Bonanza
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs Bonanza - Features

Upstox Bonanza
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 Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:15pm | Currency: 4:35PM | Commodities: 11:30 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator 1.Bonanza Wave 2. Bonanza Connect 3.HTML5 - web-based trading platform 4.My E-trade
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox

Bonanza