Bonanza vs AxisDirect

Bonanza vs AxisDirect - side-by-side comparison . Compare Bonanza vs AxisDirect brokerage, charges, exposure margin, demat account. Read Bonanza vs AxisDirect review.

Detailed comparison Bonanza vs AxisDirect and find out which is better in Bonanza vs AxisDirect .

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Bonanza

AxisDirect

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Bonanza Portfolio Ltd Axis Securities
Standard Plan Fixed Plan
Trading Account Opening Fee ₹0 ₹900
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹250 ₹650
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Bonanza Portfolio Ltd Axis Securities
Standard Plan Fixed Plan
Equity Delivery 0.10% 0.50%
Equity Intraday 0.005% 0.05%
Equity Future 0.005% 0.05%
Equity Options ₹15 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Currency Futures 0.0025% 0.05%
Currency Options ₹5 per lot Intraday: ₹0.01 per lot | Carry Forward: ₹10 per lot
Monthly Fee NA NA
Commodity 0.004% 0.03% (Each Leg)

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Bonanza Portfolio Ltd Axis Securities
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Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Bonanza Portfolio Ltd Axis Securities
Standard Plan Fixed Plan
Equity Delivery NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹300
Equity Intraday NSE ₹325 | BSE ₹275 NSE ₹325 | BSE ₹300
Equity Future * NSE ₹190 | BSE ₹50 NSE ₹190 | BSE ₹300
Equity Options * NSE ₹5000 | BSE ₹2500 NSE ₹5000 | BSE ₹300
Currency Futures * NSE ₹110 | BSE ₹4 ₹190
Currency Options NSE ₹4000 | BSE ₹4 ₹5000

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

Bonanza Portfolio Ltd Axis Securities
Standard Plan Fixed Plan
Minimum Brokerage Intraday- 0.00312% and Delivery - 0.025% ₹20 per executed order
Call & Trade ₹25 per trade Rs 20 per call post 20th call per month
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) ₹15 per scrip 0.04% (minimum Rs 25 per instruction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Bonanza Portfolio Ltd Axis Securities
Standard Plan Fixed Plan
Trading Platform Omnesys NEST Trader, ODIN Diet DirectTrade, Swift Trade
Placing orders through charts - No
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives No Yes
Unique features & Offers - Can trade in 32 exchanges through Saxo Trader
Referral Program - Rs.500 per referal

Demat Account Charges

Find charges for the best Demat Account for small investors

Bonanza Portfolio Ltd Axis Securities
Standard Plan Fixed Plan
Depository Service Provider CDSL & NSDL CDSL
Account Opening Fee

₹0

Nil

Advance Deposit

AMC Free Scheme (999 Scheme): ₹999 one time

Nil

AMC

Individual Account: ₹250 p.a.

Corporate Account: ₹1000 p.a.

Lifetime DP charges (including AMC & A/C opening): ₹999 one time

Retail Account:

Axis Bank Customer: ₹650 per year (1st year free). ₹2500 for client who has not authorised bank to debit Demat ac charges from Bank ac maintained with Axis Bank.

Non-Axis Bank Customer: ₹250 per year (1st year free)

BSDA Account:

Nil for holding value till ₹50,000

₹100 per year for holding value from ₹50,001 to ₹2,00,000

Holding value above ₹2,00,000 tariff for Retail account will be applicable.

Corporate Account:

₹400 for Axis Bank clients + CDSL AMC of ₹500

₹600 for non-Axis Bank clients+ CDSL AMC of ₹500

Dematerialisation Charges

Normal Scheme: ₹3 per certificate plus courier charges extra

999 scheme: ₹25 per certificate plus courier charges extra

Retail / BSDA Account: ₹5 per certificate subject to minimum of ₹50 per request, whichever is higher. ₹50 per request as courier charges for mutual fund Units.

Corporate Account: ₹2.50 per certificate subject to a minimum of the ₹50 per request.

Rematerialisation Charges

₹15 per 100 securities or part therof or ₹15 per certificate whichever is higher

Retail / BSDA Account: ₹20 for every 100 securities or part thereof or ₹50 per request whichever is higher. ₹50 per instruction for mutual fund Units.

Corporate Account: ₹20 per certificate subject to minimum of ₹50 per request

Transaction Charges (Credit) - -
Transaction Charges (debit)

₹12

Retail Account: 0.04% of the value of the transaction (Min ₹25 per instruction) whichever is higher. ₹25 flat per instruction for mutual fund units.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher. ₹50 flat per instruction for mutual fund units.

Corporate Account: 0.04% subject to minimum of ₹23 per instruction.

Pledge Creation Charges

₹35

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Pledge Creation Confirmation Charges

₹35

Nil

Pledge Invocation Charges

₹35

Retail Account: 0.04% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

BSDA Account: 0.06% of the value of the transaction (Min ₹50 per instruction) whichever is higher.

Corporate Account: Flat ₹50 per request.

Failed Instruction Charges

Nil

₹10 per Instruction

Other Charges

Late Transaction: ₹10 per transaction in all schcmes except 999. ₹25 per transaction in 999

Dishonoured cheque: ₹100 per Instance. In 999 scheme ₹200 per instance.

Additional statment of a/c ₹25 & ₹50 qtr.& ann. respectively.

Extra DIS book: ₹35 ₹50 for 999 scheme.

Lost DIS book: ₹70 ₹100 for 999 scheme.

Ad-hoc Statement - ₹100 per statement

Quarterly (Physical) statement

Retail Account - Nil

BSDA Account - ₹25 per statement

Account Modification Charges

Retail Account - Nil

BSDA Account - ₹100

DIS Booklet Charge

Retail Account - NIL

BSDA Account - ₹200 per booklet

Redemption of mutual fund units through DP - ₹25 per instruction

Basic Details

Basic Details of Brokers

Bonanza Portfolio Ltd Axis Securities
Standard Plan Fixed Plan
Year of Incorporation 1994 2005
Active Exchange Memberships NSE, BSE, MCX and NCDEX NSE, BSE, MCX
Demat Services CDSL & NSDL NSDL
Website https://www.bonanzaonline.com/ https://simplehai.axisdirect.in
Contact Details 1800-2666655 18002100808
Total Number of Clients 34,600+ 389,500+
Total Number of Branches 580 cities 3000+

Charts and Data

Charts and Data

Bonanza Portfolio Ltd Axis Securities
Standard Plan Fixed Plan
Live data source NSE, BSE, MCX and NCDEX NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup - -
No.of indicators 17+ 40
No.of charts can be opened - -
Live Scanners Yes -
Customizable screeners Yes No
Trading from charts - No
Compare Symbol performance on Chart - No
Options charts Yes No
Continuous futures charts - No
Intraday historical data for charts Yes 1 year
End of Day historical data for charts Yes 15 years
Corporate action adjusted charts Yes No
Back Testing Yes No
Options Chain Yes Yes
Heat Maps - Yes
Analytics - Yes
Price Ladder - No

Leverage

Leverage

Bonanza Portfolio Ltd Axis Securities
Standard Plan Fixed Plan
Equity Delivery - Nil
Equity Intraday - Upto 10x
Equity Futures - Nil
Equity Options - Nil
Currency Futures - NA
Currency Options - NA
Commodity Futures - 3x
Commodity Options - NA

Orders

Orders

Bonanza Portfolio Ltd Axis Securities
Standard Plan Fixed Plan
Cover Orders (CO) NO Yes
Bracket orders / One Cancels Other (BO / OCO) No No
After Market Orders (AMO) Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Bonanza Portfolio Ltd Axis Securities
Standard Plan Fixed Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP - Rs.1,00,000 to Rs.3,00,000

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Bonanza Portfolio Ltd Axis Securities
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