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Abhipra Capital vs. Bonanza Portfolio

All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.

Among the best stockbrokers in India, two top names are Abhipra Capital and Bonanza Portfolio. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Abhipra Capital and Bonanza Portfolio.


Overview

Abhipra Capital are Bonanza Portfolio both private companies and Abhipra Capital operates as a full service Broker, while Bonanza Portfolio functions as a discount broker. V D Aggarwal co-founded Abhipra Capital in 1994. And Bonanza Portfolio was founded in the year 1994 by Shiv Kumar Goel, Satya Prakash Goel. Abhipra Capital's headquarters are in New Delhi, Delhi and Bonanza Portfolio's headquarters are in Mumbai, India.

Abhipra Capital operates as a full service Broker, while Bonanza Portfolio functions as a discount broker. Abhipra Capital is registered in NA, while Bonanza Portfolio is registered in NA. The total branches of Abhipra Capital are Nil and the Bonanza Portfolio branches are Nil.

OverviewAbhipra CapitalBonanza Portfolio
Broker TypeFull Service BrokerDiscount Broker
Type of companyPrivatePrivate
HeadquarterNew Delhi, DelhiMumbai, India
FoundersV D AggarwalShiv Kumar Goel, Satya Prakash Goel
Foundation Year19941994
Supported ExchangesNANA
Total branchesNilNil

Abhipra Capital and Bonanza Portfolio Trading Account Opening and Demat Charges

A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).

Account opening fees for various brokers range from 0 to Rs.200, with Abhipra Capital charging Free and Bonanza Portfolio charging Free.

When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Abhipra Capital Demat account is Rs.400 per Annum and for the Bonanza Portfolio Demat account is Rs.250 per annum. The Trading AMC for Abhipra Capital and Bonanza Portfolio is free. And the margin money for both brokers is also zero.

As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Abhipra Capital and Bonanza Portfolio is CDSL.

Account Opening and Demat ChargesAbhipra CapitalBonanza Portfolio
Trading Account Opening ChargesFreeFree
Demat AMC (Annual Maintenance Charges)Rs.400 per AnnumRs.250 per annum
Trading AMC (Annual Maintenance Charges)Rs.250 per AnnumFree
Margin MoneyZero MarginZero
Offline to Online ChargesYesNot applicable
DepositoryCDSL & NSDLCDSL

Abhipra Capital and Bonanza Portfolio Equity Brokerage Charges

There are more charges that a broker charges for equity transactions.

Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Abhipra Capital is 0.20%, while Bonanza Portfolio charges you 0.1% or Rs.18 per Trade.

Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Abhipra Capital is 0.02% and for Bonanza Portfolio also, it is 0.01% of Rs.18 per Trade.

Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Abhipra Capital charge 0.02% and Bonanza Portfolio charge 0.01% of Rs.18 per Trade for equity futures.

Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Abhipra Capital charges Rs.25 per Lot, and Bonanza Portfolio charges Rs.18 per lot.

Equity Brokerage ChargesAbhipra CapitalBonanza Portfolio
Equity Delivery Brokerage0.20%0.1% or Rs.18 per Trade
Equity Intraday Brokerage0.02%0.01% of Rs.18 per Trade
Equity Futures Brokerage0.02%0.01% of Rs.18 per Trade
Equity Options BrokerageRs.25 per LotRs.18 per lot

Abhipra Capital and Bonanza Portfolio Currency Brokerage Charges

Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.

Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Abhipra Capital is 0.02% and for Bonanza Portfolio is 0.01% of Rs.18 per Trade.

Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Abhipra Capital charges Rs.15 per Lot for currency options, whereas Abhipra Capital charges Rs.18 per Lot.

Currency Brokerage ChargesAbhipra CapitalBonanza Portfolio
Currency Futures Brokerage0.02%0.01% of Rs.18 per Trade
Currency Options BrokerageRs.15 per LotRs.18 per Lot

Abhipra Capital and Bonanza Portfolio Commodity Brokerage Charges

Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Abhipra Capital charges 0.02% for commodity trading, while Bonanza Portfolio charges 0.01% of Rs.18 per Trade.

Commodity Brokerage ChargesAbhipra CapitalBonanza Portfolio
Commodity Options Brokerage0.02%0.01% of Rs.18 per Trade

Abhipra Capital and Bonanza Portfolio Other Charges

Here are some other broker charges that should know about -

Minimum Broker Charges: Abhipra Capital levies a minimum brokerage fee of Percentage of Transaction, while Bonanza Portfolio charges As per Transaction brokerage fee.

Transaction Brokerage Charges: Abhipra Capital levies a transaction brokerage charge of 0.00275%, while Bonanza Portfolio charges 0.00275% of Total Turnover.

SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Abhipra Capital is 0.0002% of Total Turnover and for Abhipra Capital is 0.0002% of Total Turnover.

Stamp Duty Charges: This fee is charged as per the state and asset class.

GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)

STT (Securities Transaction Tax): The STT charges for Abhipra Capital are 0.0126% of Total Turnover, while for Bonanza Portfolio, they are 0.0126% of Total Turnover.

Call and Trade Charges: This charge varies for different brokers. Abhipra Capital charges NA and Bonanza Portfolio charges NA.

Other Brokerage ChargesAbhipra CapitalBonanza Portfolio
Minimum Brokerage ChargesPercentage of TransactionAs per Transaction
Transaction Brokerage Charges0.00275%0.00275% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp Duty ChargesAs per the stateAs per the state
GST Charges18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover0.0126% of Total Turnover
Call and Trade ChargesNANA

Abhipra Capital and Bonanza Portfolio Equity Exposure/Leverage

With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.

Equity Delivery: Leverage provided for Equity Delivery by Abhipra Capital is up to Upto 2x and by Bonanza Portfolio it is up to Upto 8x.

Equity Intraday: Leverage for equity intraday by Abhipra Capital is up to Upto 6x and by Bonanza Portfolio it is up to Upto 12x.

Equity Futures: Leverage for Equity Futures by Abhipra Capital is up to Upto 3x and by Bonanza Portfolio it is up to Upto 6x.

Equity Options: Leverage for Equity Options by Abhipra Capital is up to Upto 5x and by Bonanza Portfolio also, it is up to Upto 5x.

Equity LeverageAbhipra CapitalBonanza Portfolio
Equity DeliveryUpto 2xUpto 8x
Equity IntradayUpto 6xUpto 12x
Equity FuturesUpto 3xUpto 6x
Equity OptionsUpto 5xUpto 5x

Abhipra Capital and Bonanza Portfolio Currency Leverage

The currency futures leverage provided by Abhipra Capital is up to Upto 2x, while for Bonanza Portfolio it is up to Upto 3x.

The currency options leverage provided by Abhipra Capital is up to Upto 2x, while for Bonanza Portfolio it is up to Upto 3x.

Currency LeverageAbhipra CapitalBonanza Portfolio
Currency FuturesUpto 2xUpto 3x
Currency OptionsUpto 2xUpto 3x

Abhipra Capital and Bonanza Portfolio Commodity Leverage

The commodity leverage provided by Abhipra Capital is up to Upto 2x, while for Bonanza Portfolio it is up to Upto 5x.

Commodity LeverageAbhipra CapitalBonanza Portfolio
CommodityUpto 2xUpto 5x

Abhipra Capital and Bonanza Portfolio Offers

Brokers offer various exciting offers to entice new customers. Here are some of them:

Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.

Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.

Brokerage Discounts: Coupons providing up to 50% discount at their rates.

Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.

1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.

Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.

Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.

Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.

OffersAbhipra CapitalBonanza Portfolio
Free Stock Trading AccountNoYes
Free Demat AccountNoYes
Flexible PlansNoYes
Brokerage DiscountsYesYes
Happy HoursNoNo
1 Month Free PlanNoNo
Holiday OffersYesNo
Referral ProgramNoNo
Zero Brokerage on Loss TradesNoNo

Abhipra Capital and Bonanza Portfolio Features

Equity Trading: Abhipra Capital and Bonanza Portfolio brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.

Currency and Commodity Trading: Abhipra Capital and Bonanza Portfolio also offer you to trade in currency and commodities.

Initial Public Offering (IPOs): One of the greatest advantages of Abhipra Capital and Bonanza Portfolio broker is that you can also invest in IPOs. Abhipra Capital also has an added advantage that they provide you with robo-advisory services as well.

Trading Exposure: Different brokers provide different trading exposures. Abhipra Capital offers trading exposure of up to Upto 6x, while Bonanza Portfolio gives up to Upto 12x.

Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Abhipra Capital and Bonanza Portfolio, you can invest in mutual funds through SIP and Lumpsum.

Forex Trading: With Forex Trading, you can trade in various international currencies. Abhipra Capital and Bonanza Portfolio also allow you to trade in forex trading.

FeaturesAbhipra CapitalBonanza Portfolio
Equity Delivery TradingYesYes
Equity Intraday TradingYesYes
Equity Futures TradingYesYes
Equity Options TradingYesYes
Currency TradingYesYes
Commodity TradingYesYes
IPO (Initial public offering)YesYes
Stocks SuggestionsNoNo
Robo AdvisoryNoNo
PMS (Portfolio Management Services)NoNo
Trading InstitutionNoNo
Trading ExposureUpto 6xUpto 12x
Mutual FundsYesYes
SIP (Systematic Investment Plan)YesYes
Forex TradingNoNo
BankingNoNo
InsuranceNoNo

Abhipra Capital and Bonanza Portfolio Advisory Services

Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-

Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.

Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Abhipra Capital and Bonanza Portfolio offer you in-depth research reports.

Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.

Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.

Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.

Advisory ServicesAbhipra CapitalBonanza Portfolio
Fundamental ReportsNoYes
Research ReportsNoYes
Company ReportsNoYes
Annual ReportsNoNo
Company Stock ReviewNoYes
Free Stock TipsYesNo
IPO ReportsYesYes
Top PicksYesNo
Daily Market ReviewYesNo
Monthly ReportsYesYes
Weekly reportsYesYes
Offline AdvisoryYesYes
Relationship ManagerYesYes

Abhipra Capital and Bonanza Portfolio Desktop Trading Platforms

A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Abhipra Capital and Bonanza Portfolio offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.

Desktop Trading PlatformsAbhipra CapitalBonanza Portfolio
WindowsYesYes
MacYesYes
Desktop BrowserNoYes

Abhipra Capital and Bonanza Portfolio Mobile Trading Platforms

Abhipra Capital and Bonanza Portfolio offer you mobile trading platforms which can be used in iOS and Android applications.

Mobile Trading PlatformsAbhipra CapitalBonanza Portfolio
Mobile BrowserNoNo
Android AppYesYes
iOS AppYesYes
Windows AppNoNo
Other mobile osNoNo

Abhipra Capital and Bonanza Portfolio Customer Support

Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Abhipra Capital and Bonanza Portfolio give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.

Customer Support FeaturesAbhipra CapitalBonanza Portfolio
Relationship ManagerNoYes
Offline TradingYesYes
Online TradingYesYes
24 * 7 SupportNoNo
Email SupportYesYes
Chat SupportNoNo
Toll free numberNoNo
Support Branches19S

Abhipra Capital and Bonanza Portfolio Customer Complaints

The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Abhipra Capital and Bonanza Portfolio registered and resolved complaints.

For Abhipra Capital, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.

For Bonanza Portfolio, the Percentage of resolved BSE complaints is 78.52 % and the Percentage of resolved NSE complaints is 78.07 %.

We can say that Abhipra Capital is better than Bonanza Portfolio in case of resolving customer complaints.

BSE ComplaintsAbhipra CapitalBonanza Portfolio
BSE Complaints30135
BSE Resolved Complaints30106
Percentage of resolved BSE complaints100.00 %78.52 %
NSE Complaints43114
NSE Resolved Complaints4389
Percentage of resolved NSE complaints100.00 %78.07 %
BSE/NSE Complaint vs. Resolved Percentage100.00 %78.29 %

Frequently Asked Questions


  1. Is Abhipra Capital better than Bonanza Portfolio?

    Abhipra Capital is a full service broker and Bonanza Portfolio is a discount broker. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.

  2. Is Bonanza Portfolio better than Abhipra Capital?

    Bonanza Portfolio is a discount broker and Abhipra Capital is a full service broker. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.

  3. Which is cheaper between Abhipra Capital and Bonanza Portfolio?

    Being a full-service broker, Abhipra Capital tends to have higher brokerage charges, while Bonanza Portfolio, being a discount broker, offers comparatively cheaper rates. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.

  4. Which is better, Abhipra Capital and Bonanza Portfolio?

    To figure out which of the two stockbrokers, Abhipra Capital and Bonanza Portfolio, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.


Compare Abhipra Capital with other stock brokers

Visit the following pages to see a detailed comparision report of Abhipra Capital with other brokerage firms.


Compare Bonanza Portfolio with other stock brokers

Visit the following pages to see a detailed comparision report of Bonanza Portfolio with other brokerage firms.