Bonanza Online Vs Samco

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Bonanza Online Vs Samco comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.

We will talk at length in this detailed review for your reference.

Bonanza Online Vs Samco Comparison

Here is a point by point comparison of Bonanza Online Vs Samco.

Bonanza Online is a full-service broker with presence in around 560 cities with 1800 outlets across the country. It offers multiple brokerage plans depending on the margin money the client is looking to put in while opening the account. This makes Bonanza Online one of the cheapest stock broker in India in terms of brokerage.

Samco is a discount broker that was incorporated recently in 2015 and charges a flat fee per transaction from its customers. Samco is a member in trading segments of equity cash and derivative of both NSE and BSE.

Discount brokers such as Samco offer trading services at much cheaper brokerage rates and reasonable customer service. On the other hand, Full-service brokers such as Bonanza Online will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.

Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.

To make things easy for you, we have listed out the comparison between Bonanza Online Vs Samco to help you find which of the two suits your needs better. The comparison is made on aspects such as:

Company Overview
Account Opening Charges
Brokerage
Exposure or Leverages
Research
Trading Platforms
Other Features

Bonanza Online Vs Samco Details

Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms. We hope this article helps you to understand which of the two brokers is better for your needs.



	Samco Review	Bonanza Online Review
OVERVIEW
Broker Type	Discount Broker	Full Service Broker
Incorporated In the Year	2015	1994
Number of branches across India	1	1784
Exchanges	BSE, NSE, MCX-SX, MCX and NCDEX	NSE, BSE, MCX, MCX – SX, ICEX, USE
ACCOUNT CHARGES
Trading Account Opening Charges	₹800-₹1400	₹0
Trading Account Annual Maintenance Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account Annual Maintenance Charges	₹400	₹250
Transaction Charges	Samco Transaction Charges	Bonanza Online Transaction Charges
BROKERAGE
Equity Delivery	₹20 or 0.2% per executed trade whichever is lower	0.1%
Intraday Delivery	₹20 or 0.02% per executed trade whichever is lower	0.005%
Equity Futures	₹20 or 0.02% per executed trade whichever is lower	0.005%
Equity Options	₹20 per executed trade	₹15 per lot
Currency Futures	₹20 or 0.02% per executed trade whichever is lower	0.0025%
Currency Options	₹20 per executed trade	₹5 per lot
Commodity	₹20 or 0.02% per executed trade whichever is lower	0.004%
Calculate Brokerage	Samco Brokerage Calculator	Bonanza Online Brokerage Calculator
EXPOSURE OR LEVERAGE
Equity	Upto 4 times	Upto 10 times for intraday, Delivery@interest
Equity Futures	Upto 4 times	Upto 3 times for intraday
Equity Options	Upto 4 times	No leverage for buying, upto 2 times for shorting
Currency Futures	Upto 4 times	Upto 2 times for intraday
Currency Options	Upto 4 times	No leverage for buying, upto 2 times for shorting
Commodities	NA	Upto 3 times for intraday
RESEARCH
Daily Market Reports
Tips/Recommendations
Quarterly Analysis
News Alerts
TRADING SEGMENTS
Equity
Mutual Funds
IPOs
Currency
Commodity
CUSTOMER SERVICE OPTIONS
Email Support
Live Chat
Phone
Toll Free Number
Offline Branches
FEATURES
Mobile Trading
Orders Accepted After Trading Hours
Charting
SMS Alerts
Robo Advisory
Automated Trading
Market Tips
Margin Funding
Relationship Managers
3 in 1 Account
Trading Platform(s)	Trader, Web5, Mobile App	My E-Trade, Nest Trader, My E-Trade Mobile App
Total BSE+NSE Complaints	40	53
OVERALL RATING
	Get a Callback	Get a Callback

Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Bonanza Online Vs Samco for the benefits of other readers. Please feel free to share in the comments below.