Bonanza Portfolio vs Karvy (Compare Bonanza Portfolio vs Karvy)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Bonanza Portfolio vs Karvy, Below comparison of Bonanza Portfolio vs Karvy highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

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One on One comparison of Bonanza Portfolio vs Karvy is given below:

Bonanza Portfolio

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Karvy

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	Bonanza Portfolio	Karvy

About The Brokers	Bonanza Portfolio : "Being of the oldest brokerage firm started in 1994, Bonanza has gained a lot of name &s; fame and won millions of hearts with their dedicat >>> more	Karvy : "Karvy Online is certainly a renowned name in share brokerage Industry with over 6 lakh active customer base, powerful online trading tools, Research based investment >>> more
Find More Information about the Broker :	Bonanza Portfolio : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	Karvy : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Bonanza Portfolio : Full Service Broker	Karvy : Full Service Broker
Promo/offers	Bonanza Portfolio : N/A	Karvy : N/A
Pros	Bonanza Portfolio : Low brokerage rates. Wide range of product and services for Investment. Percentage based plan and flat fee plan. Daily SMS report and good customer support system over call and Emails. Strong presence across India..	Karvy : Huge Branch & Partner network. Trading is available in both BSE and NSE. Offer Commodity Trading & Investment facility in Mutual funds & IPO. Karvy offers zero demat AMC for first year. Free research reports.
Cons	Bonanza Portfolio : Do not provide 3-in-1 account service.. No NRI support.. High Call & Trade charges @ Rs.25 Non- transparent, Trade charges included, hidden charges.	Karvy : Doesn't offer 3-in-1 account. High brokerage. No referral Program Lacks transparency in Brokerage charges.
Why This	Bonanza Portfolio : High range of products available with Bonanza. Strong marketing and back end support. Dedicated market research, reports and valuable financial advisory. Huge number of Business associates all across India. Personalized Mobile application to make Bonanza more accessible.	Karvy : Wide Network with over 289 Business location & 540+ Franchise partners. Amongst top 10 stock brokers in India and top 3 depository participants. All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O Combined account facility that caters to all investment opportunities such as trade in Equities, Derivatives, Currency and also investing in IPOs, Mutual funds and NCDs. Offer NRI Trading.

Bonanza Portfolio vs Karvy Account Opening & AMC Charges

Bonanza Portfolio Trading Account Opening Fee is ₹0 and Karvy Trading Account Opening Fee is ₹650 . Bonanza Portfolio Demat Account AMC is ₹250 and Karvy Demat Account AMC is ₹420 .

	Bonanza Portfolio	Karvy
Trading Account Opening Fee	Trading Account Opening Fee : ₹0	Trading Account Opening Fee : ₹650
Demat Account Opening Fee	Demat Account Opening Fee : ₹0	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : ₹250	Demat Account AMC : ₹420
Trading Account AMC	Trading Account AMC : ₹0	Trading Account AMC : ₹0

Bonanza Portfolio vs Karvy Brokerage Charges

Bonanza Portfolio Brokerage Charges Equity Delivery is 0.10% and Equity Intraday is 0.005% and Equity Options is ₹15 per lot . Karvy Brokerage Charges Equity Delivery is 0.1% and Equity Intraday is 0.01% and Equity Options is ₹10 per lot .

	Bonanza Portfolio	Karvy
Plan Name	Plan Name : Standard Plan	Plan Name : Retail Brokerage Plan
Equity Delivery	Equity Delivery : 0.10%	Equity Delivery : 0.1%
Equity Intraday	Equity Intraday : 0.005%	Equity Intraday : 0.01%
Equity Future	Equity Future : 0.005%	Equity Future : 0.01%
Equity Options	Equity Options : ₹15 per lot	Equity Options : ₹10 per lot
Currency Futures	Currency Futures : 0.0025%	Currency Futures : 0.01%
Currency Options	Currency Options : ₹5 per lot	Currency Options : ₹10 per lot
Monthly Fee	Monthly Fee : NA	Monthly Fee : ₹100,000 per year
Margin Trading	Margin Trading : -	Margin Trading :
Commodity Futures	Commodity Futures : 0.004%	Commodity Futures : 0.01%
Commodity Options	Commodity Options : -	Commodity Options : ₹10 per lot

Bonanza Portfolio vs Karvy Transaction Charges (Per Crore)

Bonanza Portfolio Transaction Charges (Per Crore) Equity Future is NSE ₹190 | BSE ₹50 and Equity Options is NSE ₹5000 | BSE ₹2500 . Karvy Transaction Charges (Per Crore) Equity Future is ₹230 and Equity Options is ₹5500 .

	Bonanza Portfolio	Karvy
Equity Delivery	Equity Delivery : NSE ₹325 \| BSE ₹275	Equity Delivery : ₹325
Equity Intraday	Equity Intraday : NSE ₹325 \| BSE ₹275	Equity Intraday : ₹325
Equity Future *	Equity Future : NSE ₹190 \| BSE ₹50	Equity Future : ₹230
Equity Options *	Equity Options : NSE ₹5000 \| BSE ₹2500	Equity Options : ₹5500
Currency Futures *	Currency Futures : NSE ₹110 \| BSE ₹4	Currency Futures : ₹325
Currency Options	Currency Options : NSE ₹4000 \| BSE ₹4	Currency Options :
Commodity	Commodity : MCX - Non Agri ₹210 \| MCX - Agri ₹75	Commodity : ₹300

Bonanza Portfolio vs Karvy Other Charges

Bonanza Portfolio Minimum Brokerage is Intraday- 0.00312% and Delivery - 0.025% and Call & Trade is ₹25 per trade . Karvy Minimum Brokerage is Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher and Call & Trade is .

	Bonanza Portfolio	Karvy
Minimum Brokerage	Minimum Brokerage : Intraday- 0.00312% and Delivery - 0.025%	Minimum Brokerage : Delivery 1% or 10p per scrip \| Intra-day 0.50% or 5p per scrip whichever is higher
Call & Trade	Call & Trade : ₹25 per trade	Call & Trade :
Stamp Duty *	Stamp Duty : Charges as per the state of residence	Stamp Duty : State wise
DP Charges (on sell side)	DP Charges (on sell side) : ₹15 per scrip	DP Charges (on sell side) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges :

Bonanza Portfolio vs Karvy Features

Bonanza Portfolio and Karvy both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

	Bonanza Portfolio	Karvy
Trading Platform	Trading Platform : Omnesys NEST Trader, ODIN Diet	Trading Platform : OMNESYS NEST - Web, Trader, KarvyOnline mobile app
Placing orders through charts	Placing orders through charts : -	Placing orders through charts : No
Trading Alerts	Trading Alerts : Yes	Trading Alerts : No
Research and Advice / Trading Tips	Research and Advice / Trading Tips : Yes	Research and Advice / Trading Tips : 0
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : No
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : Ask the expert, The Finapolis
Referral Program	Referral Program : -	Referral Program : 0
Margin Against Shares (Equity Cash) *	Margin Against Shares (Equity Cash) : -	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : -	Margin Against Shares (Equity F&O) : Yes

Bonanza Portfolio vs Karvy Demat Account Charges

A comparative table of various demat account charges between Bonanza Portfolio and Karvy is below:

	Bonanza Portfolio	Karvy
Depository Service Provider	Depository Service Provider : CDSL & NSDL	Depository Service Provider : CDSL & NSDL
Account Opening Fee	Account Opening Fee : ₹0	Account Opening Fee : ₹650
Advance Deposit	Advance Deposit : AMC Free Scheme (999 Scheme): ₹999 one time	Advance Deposit : Nil
AMC	AMC : Individual Account: ₹250 p.a. Corporate Account: ₹1000 p.a. Lifetime DP charges (including AMC & A/C opening): ₹999 one time	AMC : ₹0
Dematerialisation Charges	Dematerialisation Charges : Normal Scheme: ₹3 per certificate plus courier charges extra 999 scheme: ₹25 per certificate plus courier charges extra	Dematerialisation Charges : ₹5 per certificate + ₹40 for courier charges; For BSDA Accounts: ₹10 per certificate + ₹50 courier charges
Rematerialisation Charges	Rematerialisation Charges : ₹15 per 100 securities or part therof or ₹15 per certificate whichever is higher	Rematerialisation Charges : ₹20 for every 100 securities or ₹20 per certificate whichever is higher
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	Transaction Charges (debit) : ₹12	Transaction Charges (debit) : ₹15 per transaction
Pledge Creation Charges	Pledge Creation Charges : ₹35	Pledge Creation Charges : 0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : ₹35	Pledge Creation Confirmation Charges : 0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction
Pledge Invocation Charges	Pledge Invocation Charges : ₹35	Pledge Invocation Charges : 0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction
Failed Instruction Charges	Failed Instruction Charges : Nil	Failed Instruction Charges : ₹100 per instruction
Other Charges	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.	Other Charges : ₹100 per Demat Rejection ₹100 per Client Modification Request ₹100 per DIS Lost Request ₹100 per request for physical statements

Bonanza Portfolio vs Karvy Basic Details

Bonanza Portfolio Year of Incorporation is 1994 and Total Number of Clients is 34,600+ and Total Number of Branches is 580 cities . Karvy Year of Incorporation is 1985 and Total Number of Clients is 2,60,000+ and Total Number of Branches is 575 .

	Bonanza Portfolio	Karvy
Year of Incorporation	Year of Incorporation : 1994	Year of Incorporation : 1985
Active Exchange Memberships	Active Exchange Memberships : NSE, BSE, MCX and NCDEX	Active Exchange Memberships : NSE, BSE, MCX
Demat Services	Demat Services : CDSL & NSDL	Demat Services : No
Website	Website : https://www.bonanzaonline.com/	Website : www.karvyonline.com
Contact Details	Contact Details : 1800-2666655	Contact Details : 18004258283
Total Number of Clients	Total Number of Clients : 34,600+	Total Number of Clients : 2,60,000+
Total Number of Branches	Total Number of Branches : 580 cities	Total Number of Branches : 575
Products *	Products : -	Products : Institutional broking, retail broking, private wealth management, and financial product distribution

Bonanza Portfolio vs Karvy Charts and Data

Bonanza Portfolio and Karvy both offer a host of Charts & Data for better decision making to their clients. Their comparative analysis is in the below table:

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

Bonanza Portfolio vs Karvy Leverage

Leverage

	Bonanza Portfolio	Karvy
Equity Delivery	Equity Delivery : -	Equity Delivery : Upto 5x with 24% interest per year
Equity Intraday	Equity Intraday : -	Equity Intraday : Upto 20x
Equity Futures	Equity Futures : -	Equity Futures : Upto 4x
Equity Options	Equity Options : -	Equity Options : Upto 4x for shorting
Currency Futures	Currency Futures : -	Currency Futures : Nil
Currency Options	Currency Options : -	Currency Options : Nil
Commodity Futures	Commodity Futures : -	Commodity Futures : Upto 4x
Commodity Options	Commodity Options : -	Commodity Options :

Bonanza Portfolio vs Karvy Orders

Orders

	Bonanza Portfolio	Karvy
Cover Orders (CO)	Cover Orders (CO) : NO	Cover Orders (CO) :
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : No	Bracket orders / One Cancels Other (BO / OCO) :
After Market Orders (AMO)	After Market Orders (AMO) : Yes	After Market Orders (AMO) :
Buy Today Sell Tomorrow (BTST) *	Buy Today Sell Tomorrow (BTST) : -	Buy Today Sell Tomorrow (BTST) :
Sell Today Buy Tomorrow (STBT) *	Sell Today Buy Tomorrow (STBT) : -	Sell Today Buy Tomorrow (STBT) :
Good Till Cancelled (GTC) *	Good Till Cancelled (GTC) : -	Good Till Cancelled (GTC) :

Bonanza Portfolio vs Karvy Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Bonanza Portfolio	Karvy
Equity Trading Recommendation *	Equity Trading Recommendation : -	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : -	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : -	Recommendation basis risk Profile : Yes
Comparison *	Comparison : -	Comparison : Yes
Free Tips *	Free Tips : -	Free Tips : Yes
Daily Market report *	Daily Market report : -	Daily Market report : Yes
ETF research *	ETF research : -	ETF research : No
Quarterly Results *	Quarterly Results : -	Quarterly Results : Yes

Bonanza Portfolio vs Karvy Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Bonanza Portfolio	Karvy
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : Rs.25,000 to Rs.50,000

Bonanza Portfolio vs Karvy Product & Services

Bonanza Portfolio and Karvy both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

	Bonanza Portfolio	Karvy
Delivery Based Trading *	Delivery Based Trading : -	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : -	Margin Trading : Yes
Call in Trade *	Call in Trade : -	Call in Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : -	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : -	Limit Order : Yes
3-in-1 On-line Trading Account *	3-in-1 On-line Trading Account : -	3-in-1 On-line Trading Account : No
NRI Services *	NRI Services : -	NRI Services : Yes
SMS Alerts *	SMS Alerts : -	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : -	Offers Multiple Plan : No
IPO Investment *	IPO Investment : -	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : -	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : -	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : -	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : -	Margin Calculator : Yes
Stop Loss Order *	Stop Loss Order : -	Stop Loss Order : Yes
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : -	Bracket Orders & Trailing Stop Loss : Yes
Equity Future & Option Trading *	Equity Future & Option Trading : -	Equity Future & Option Trading : Yes
Currency Future & Option Trading *	Currency Future & Option Trading : -	Currency Future & Option Trading : Yes
Market Trading *	Market Trading : -	Market Trading : Yes
Monthly & Yearly Plan *	Monthly & Yearly Plan : -	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : -	Aumtomated Trading : Yes

Bonanza Portfolio vs Karvy Customer Services

Bonanza Portfolio and Karvy both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

	Bonanza Portfolio	Karvy
Toll Free Number *	Toll Free Number : -	Toll Free Number : Yes
Live Chat Facility *	Live Chat Facility : -	Live Chat Facility : No
Email Facility *	Email Facility : -	Email Facility : Yes
Branch Offices *	Branch Offices : -	Branch Offices : Yes
Customer Care *	Customer Care : -	Customer Care : Yes
Community Service *	Community Service : -	Community Service : Yes
Relationship Manager *	Relationship Manager : -	Relationship Manager : -
24/7 Support *	24/7 Support : -	24/7 Support : No

Bonanza Portfolio vs Karvy Other Investement

Bonanza Portfolio and Karvy both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

	Bonanza Portfolio	Karvy
Commodity Trading *	Commodity Trading : -	Commodity Trading : Yes
Investment in ETFs *	Investment in ETFs : -	Investment in ETFs : Yes
Investment in Mutual Funds *	Investment in Mutual Funds : -	Investment in Mutual Funds : Yes
Investment in Bonds *	Investment in Bonds : -	Investment in Bonds : Yes
Investment in Corporate Debt instruments *	Investment in Corporate Debt instruments : -	Investment in Corporate Debt instruments : Yes
Insurance Services *	Insurance Services : -	Insurance Services : Yes
Banking Services *	Banking Services : -	Banking Services : Yes

Bonanza Portfolio vs Karvy Trading PlatForm

Bonanza Portfolio and Karvy both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

	Bonanza Portfolio	Karvy
Web Platform *	Web Platform : -	Web Platform : Yes
Android Mobile App *	Android Mobile App : -	Android Mobile App : Yes
Desktop Windows *	Desktop Windows : -	Desktop Windows : Yes
Desktop Mac *	Desktop Mac : -	Desktop Mac : No
I-Pad App *	I-Pad App : -	I-Pad App : No
Virtual Trading *	Virtual Trading : -	Virtual Trading : No
iPhone Mobile App *	iPhone Mobile App : -	iPhone Mobile App : No

Bonanza Portfolio vs Karvy Company Information

	Bonanza Portfolio	Karvy
Financials *	Financials : -	Financials : Yes
News *	News : -	News : Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail. Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited. Karvy Customers, Need Help Moving to Another Broker?
Company Analysis *	Company Analysis : -	Company Analysis : Yes
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