Bonanza (None)

Full Service Broker Depository: CDSL

Bonanza Portfolio Ltd was established in 1994 and is an Indian brokerage and financial services company. It has extensive experience in capital markets. It provides brokerage services in the areas of equity, indices, and commodity derivatives as well as depository services. Bonanza has more than 1784 locations in India spread over 560 cities. The company is active in both the NSE and BSE cash and derivative segments. It is also a member of the Multi Commodity Exchange, National Commodity and Derivatives Exchanges (NCDEX), NMCE, and MCXX-SX. It is also registered with Dubai Gold and Commodities Exchange. It acts as a DP for CDSL and NSDL. Bonanza offers services that include equity broking as well as PMS, distribution and insurance of financial products such as Mutual Funds, Insurance, IPOs, insurance. Bonanza Commodity Brokers Pvt Ltd, which is a subsidiary of the company, offers commodity trading services. This operates through MCX/NCDEX. Customers can also trade online or offline with the company. Bonanza is India's largest distributor of mutual funds. Bonanza's online portal offers regular updates and news on NFOs, forthcoming IPO, MF gains/losses, daily NAV's, and other important information. It provides clients with the most comprehensive market research reports, including comparative analysis of multiple mutual fund schemes. It provides SMS transaction alerts and portfolio statements via auto-mail. Investors can also apply online for mutual funds or IPOs via the company. Trade-In: BSE, NSEFO, and CURRENCY.

Bonanza Products

The segments that you can invest in are equity, commodity, currency, futures, and options.
  • Equity
  • Commodity
  • Currency
  • Futures
  • Options

Bonanza Trading Softwares

A collection of software and applications that the broker offers to help you execute online buy/sell orders. These are the names of their portals and mobile apps.
  • Bonanza ODIN Diet Trading Platform
  • Bonanza My ETrade
  • Bonanza Touch

Bonanza Brokerage Plans

Choose from one or more plans below. Use tabs if multiple plans available. A single plan includes all the basic charges and brokerages, margins, etc.

Bonanza Other Investment Options

Services provided by the broker for investing in other financial assets such as IPO platform, Bonds & Debt, Exchange Traded Funds, etc.
  • Mutual Funds
  • IPO Platforms
  • Bonds & Debt
  • Exchange Traded Funds
  • Insurance

Bonanza Additional Features

Extra features are provided by the broker at little or no extra cost. Like SMS Alerts, Margin Funding, Margin Against Share, etc.
  • 3 in 1 Account
  • Free Recommendations
  • Free Research Reports
  • SMS Alerts
  • Margin Funding
  • Margin Against Share

Bonanza Pros

These are some benefits of Bonanza.

They offer historical charting and intraday reports.
Different fee structures to meet the needs of different investors
Bonanza offers two accounts in one: a Trading cum Demat account and a Trading cum Demat account.
Bonanza provides services such as online bidding for IPOs and mutual funds

Bonanza Cons

These are the cons and drawbacks of Bonanza.

  1. Bonanza charges Rs 25 per call and trade facility
  2. Bonanza does not offer Referral Programmers.
  3. Bonanza is not transparent about brokerage fees and other hidden costs.

Our Conclusion

The firm is one of the most well-respected and respected financial services and stockbroking firms in the country and has worked hard to grow.

They dedicate their efforts to reach customers using the widest possible network and range of services. The firm has very few loopholes that it can close in the next few days to make the service more beneficial for customers.

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