ICICI Direct Vs Bonanza Online

Compare Stock Brokers

ICICI Direct Vs Bonanza Online comparison here talks about the differences between these two stockbrokers in terms of multiple aspects. If you are looking to choose one of the brokers for your stock market trading, this comparison article will assist you in making that decision.

Here are the details:

ICICI Direct Vs Bonanza Online Comparison

Here is a point by point comparison of ICICI Direct Vs Bonanza Online.

ICICI Direct is a retail trading flagship of ICICI Securities. With more than 35 lakh customers, ICICI Direct is the biggest retail full-service stockbroker company in India.

Bonanza Online is also a full-service broker with a 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.

Full-service brokers such as ICICI Direct or 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 ICICI Direct Vs Bonanza Online to help you find which of the two suits your needs better. The comparison is made on aspects such as:

ICICI Direct Vs Bonanza Online 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.

 

Before we complete this comparison, we think one quick understanding of brokerage charges is important.

Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.

Here is a brokerage calculator for your reference.

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 ICICI Direct Vs Bonanza Online for the benefits of other readers? Please feel free to share in the comments below.

Also, check out some of the other stockbroker comparisons you might be interested in.

Free Demat Account

 

Summary
Date
Broker Name
ICICI Direct Vs Bonanza Online
Overall Rating
51star1star1star1star1star

Add a Comment

Your email address will not be published. Required fields are marked *

9 − nine =