Karvy vs Bonanza

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

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

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Karvy

Bonanza

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

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

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

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

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

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

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

Other Charges

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

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

Features

Key features offered by the brokers.

Karvy Stock Broking Ltd Bonanza Portfolio Ltd
Retail Brokerage Plan Standard Plan
Trading Platform OMNESYS NEST - Web, Trader, KarvyOnline mobile app Omnesys NEST Trader, ODIN Diet
Placing orders through charts No -
Trading Alerts No Yes
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

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

Nil

₹0

Advance Deposit

Nil

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

AMC

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

Individual Account: ₹250 p.a.

Corporate Account: ₹1000 p.a.

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

Dematerialisation Charges

₹5 per certificate + ₹40 for courier charges;

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

Normal Scheme: ₹3 per certificate plus courier charges extra

999 scheme: ₹25 per certificate plus courier charges extra

Rematerialisation Charges

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

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

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

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

₹12

Pledge Creation Charges

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

₹35

Pledge Creation Confirmation Charges

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

₹35

Pledge Invocation Charges

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

₹35

Failed Instruction Charges

₹100 per instruction

Nil

Other Charges

₹100 per Demat Rejection

₹100 per Client Modification Request

₹100 per DIS Lost Request

₹100 per request for physical statements

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.

Basic Details

Basic Details of Brokers

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

Charts and Data

Charts and Data

Karvy Stock Broking Ltd Bonanza Portfolio Ltd
Retail Brokerage Plan Standard Plan
Live data source NSE, BSE, MCX NSE, BSE, MCX and NCDEX
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes -
No.of indicators 64+ 17+
No.of charts can be opened 4 -
Live Scanners Yes Yes
Customizable screeners No Yes
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 No Yes
Back Testing No Yes
Options Chain Yes Yes
Heat Maps Yes -
Analytics No -
Price Ladder No -

Leverage

Leverage

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

Orders

Orders

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

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

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

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Karvy Stock Broking Ltd Bonanza Portfolio Ltd
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