Bonanza vs Karvy

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

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

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Bonanza

Karvy

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Bonanza Portfolio Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Trading Account Opening Fee ₹0 ₹650
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹250 ₹420
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Bonanza Portfolio Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Equity Delivery 0.10% 0.30%
Equity Intraday 0.005% 0.03%
Equity Future 0.005% 0.03%
Equity Options ₹15 per lot ₹30 per lot
Currency Futures 0.0025% 0.03%
Currency Options ₹5 per lot ₹30 per lot
Monthly Fee NA NA
Commodity 0.004% 0.03%

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Bonanza Portfolio Ltd Karvy Stock Broking Ltd
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Transaction Charges (Per Crore)

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

Bonanza Portfolio Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Equity Delivery NSE ₹325 | BSE ₹275 ₹325
Equity Intraday NSE ₹325 | BSE ₹275 ₹325
Equity Future * NSE ₹190 | BSE ₹50 ₹230
Equity Options * NSE ₹5000 | BSE ₹2500 ₹5500
Currency Futures * NSE ₹110 | BSE ₹4 ₹325
Currency Options NSE ₹4000 | BSE ₹4 -

Other Charges

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

Bonanza Portfolio Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Minimum Brokerage Intraday- 0.00312% and Delivery - 0.025% 0.01%
Call & Trade ₹25 per trade Yes
Stamp Duty * Charges as per the state of residence State wise
DP Charges (on sell side) ₹15 per scrip -
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Bonanza Portfolio Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Trading Platform Omnesys NEST Trader, ODIN Diet OMNESYS NEST - Web, Trader, KarvyOnline mobile app
Placing orders through charts - No
Trading Alerts Yes No
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives No No
Unique features & Offers - Ask the expert, The Finapolis
Referral Program - NA

Demat Account Charges

Find charges for the best Demat Account for small investors

Bonanza Portfolio Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Depository Service Provider CDSL & NSDL CDSL & NSDL
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

Individuals Account (other than NRI): ₹500 per year

NRI Account: ₹1500 per year

Corporate Account: ₹5,000 per year

Foreign Corporate Body Account: ₹10,000 per year

Dematerialisation Charges

Normal Scheme: ₹3 per certificate plus courier charges extra

999 scheme: ₹25 per certificate plus courier charges extra

₹5 per certificate + ₹40 for courier charges;

For BSDA Accounts: ₹10 per certificate + ₹50 courier charges

Rematerialisation Charges

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

₹20 for every 100 securities or ₹20 per certificate whichever is higher

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

₹12

Sold through Karvy (for Karvy POA registered Account): ₹12 per instruction

For all other transactions ₹30 per instruction upto a value of ₹30,000 or part thereof, ₹10 for every additional value of ₹30,000 or part thereof, subject to Minimum of ₹30 and Maximum of ₹1000 per instruction;

For BSDA Accounts: ₹100 per instruction;

For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum ₹100 per instructio

Pledge Creation Charges

₹35

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Pledge Creation Confirmation Charges

₹35

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Pledge Invocation Charges

₹35

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Failed Instruction Charges

Nil

₹100 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.

₹100 per Demat Rejection

₹100 per Client Modification Request

₹100 per DIS Lost Request

₹100 per request for physical statements

Basic Details

Basic Details of Brokers

Bonanza Portfolio Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Year of Incorporation 1994 1990
Active Exchange Memberships NSE, BSE, MCX and NCDEX NSE, BSE, MCX
Demat Services CDSL & NSDL NSDL & CDSL
Website https://www.bonanzaonline.com/ www.karvyonline.com
Contact Details 1800-2666655 18004258283
Total Number of Clients 34,600+ 2,60,000+
Total Number of Branches 580 cities 460+ branch offices

Charts and Data

Charts and Data

Bonanza Portfolio Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Live data source NSE, BSE, MCX and NCDEX NSE, BSE, MCX
Advanced Charting tools Yes Yes
Multi-Chart Setup - Yes
No.of indicators 17+ 64+
No.of charts can be opened - 4
Live Scanners Yes Yes
Customizable screeners Yes No
Trading from charts - No
Compare Symbol performance on Chart - No
Options charts Yes Yes
Continuous futures charts - Yes
Intraday historical data for charts Yes Yes
End of Day historical data for charts Yes Yes
Corporate action adjusted charts Yes No
Back Testing Yes No
Options Chain Yes Yes
Heat Maps - Yes
Analytics - No
Price Ladder - No

Leverage

Leverage

Bonanza Portfolio Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Bonanza Portfolio Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Cover Orders (CO) NO Yes
Bracket orders / One Cancels Other (BO / OCO) No Yes
After Market Orders (AMO) Yes Yes

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Bonanza Portfolio Ltd Karvy Stock Broking Ltd
Standard Plan Retail Brokerage Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP - Rs.25,000 to Rs.50,000

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Bonanza Portfolio Ltd Karvy Stock Broking Ltd
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