Bonanza vs Kotak Securities

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

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

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Bonanza

Kotak Securities

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Bonanza Portfolio Ltd Kotak Securities Ltd
Standard Plan Fixed Brokerage Plan
Trading Account Opening Fee ₹0 ₹750
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹250 ₹600
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Bonanza Portfolio Ltd Kotak Securities Ltd
Standard Plan Fixed Brokerage Plan
Equity Delivery 0.10% 0.49%
Equity Intraday 0.005% 0.049%
Equity Future 0.005% 0.049%
Equity Options ₹15 per lot ₹300
Currency Futures 0.0025% -
Currency Options ₹5 per lot -
Monthly Fee NA NA
Commodity 0.004% 0.07%

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Bonanza Portfolio Ltd Kotak Securities Ltd
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Transaction Charges (Per Crore)

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

Bonanza Portfolio Ltd Kotak Securities Ltd
Standard Plan Fixed Brokerage Plan
Equity Delivery NSE ₹325 | BSE ₹275 ₹10,000
Equity Intraday NSE ₹325 | BSE ₹275 ₹2500
Equity Future * NSE ₹190 | BSE ₹50 ₹1000
Equity Options * NSE ₹5000 | BSE ₹2500 ₹5000(on Sell trade premium) or 12500 (on options)
Currency Futures * NSE ₹110 | BSE ₹4 NA
Currency Options NSE ₹4000 | BSE ₹4 NA

Other Charges

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

Bonanza Portfolio Ltd Kotak Securities Ltd
Standard Plan Fixed Brokerage Plan
Minimum Brokerage Intraday- 0.00312% and Delivery - 0.025% 4 paise for delivery,
3 paise for intraday and futures orders
Call & Trade ₹25 per trade ₹20 per call
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% of transaction value (minimum Rs 27)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Bonanza Portfolio Ltd Kotak Securities Ltd
Standard Plan Fixed Brokerage Plan
Trading Platform Omnesys NEST Trader, ODIN Diet KEATProX, FASTLANE
Placing orders through charts - No
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives No Yes
Unique features & Offers - Bloom TV on Keat Pro trading Platform
Referral Program - No

Demat Account Charges

Find charges for the best Demat Account for small investors

Bonanza Portfolio Ltd Kotak Securities Ltd
Standard Plan Fixed Brokerage Plan
Depository Service Provider CDSL & NSDL CDSL & 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

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

Dematerialisation Charges

Normal Scheme: ₹3 per certificate plus courier charges extra

999 scheme: ₹25 per certificate plus courier charges extra

₹3 per certificate plus ₹50 per request

Rematerialisation Charges

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

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

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

₹12

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

Pledge Creation Charges

₹35

0.05% of the value of securities Minimum ₹30

Pledge Creation Confirmation Charges

₹35

0.05% of the value of securities Minimum ₹30

Pledge Invocation Charges

₹35

0.04% of the value of securities Minimum ₹30

Failed Instruction Charges

Nil

Nil

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.

Charge for Client Master change intimation: ₹25/-

Basic Details

Basic Details of Brokers

Bonanza Portfolio Ltd Kotak Securities Ltd
Standard Plan Fixed Brokerage Plan
Year of Incorporation 1994 1994
Active Exchange Memberships NSE, BSE, MCX and NCDEX NSE, BSE,MCX
Demat Services CDSL & NSDL NSDL & CDSL
Website https://www.bonanzaonline.com/ http://www.kotaksecurities.com
Contact Details 1800-2666655 1800222299
Total Number of Clients 34,600+ 4,43,400+
Total Number of Branches 580 cities 1128+

Charts and Data

Charts and Data

Bonanza Portfolio Ltd Kotak Securities Ltd
Standard Plan Fixed 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+ 30
No.of charts can be opened - 5
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 5 days
End of Day historical data for charts Yes 5 days
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 Kotak Securities Ltd
Standard Plan Fixed Brokerage Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Bonanza Portfolio Ltd Kotak Securities Ltd
Standard Plan Fixed 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 Kotak Securities Ltd
Standard Plan Fixed Brokerage Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP - Minimum deposit of Rs 3 lakh (negotiable)

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Bonanza Portfolio Ltd Kotak Securities Ltd
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