1. Bonanza Brokerage Calculator
Bonanza Online is the broker which confidently says “Make Money, not mistake”. Bonanza claim on their website to be the lowest brokerage charging broker. And, with no hidden charges. They provide the services for NSE, BSE, MCX and NCDEX. They are also known to provide PMS services to their clients.
For all the services they provide, they charge brokerage other than the other government charges. The website does not have the brokerage calculator. But based on the rates that Bonanza charges to its customers, there are third party websites that host the calculator.
2. Bonanza Equity Brokerage Calculator
Bonanza charges nominal, or you can say smaller charges as the brokerage. One can trade inequity in the form of Intraday, Delivery, Futures, and options. As we go further, we will talk about how much brokerage is charged across the segments. Bonanza does not charge anything for its trading platform.
Bonanza Equity Intraday Brokerage Calculator
Bonanza has three different plans suitable for different types of traders. On the default plan, on Equities, Bonanza charges 0.01% of brokerage. As mentioned previously, other charges are loaded but are not charged by the Bonanza broker. The government charges it. In the third part website, you can also generate the contract note for your reference.
– Bonanza Equity Delivery Brokerage Calculator
Like the intraday, even the delivery trades are charged with brokerage charges. Some brokers do not charge for the delivery trade. One trading on Bonanza will have to pay 0.10% as the brokerage charges. The brokerage calculator on the third-party websites gives the details split of various costs. Delivery trades are the one where the trader opts to carry forward the position to more than one trading day.
– Bonanza Equity Future Brokerage Calculator
The future contract can be riskier than investing directly in the equities. For trading in futures contracts, there needs to be margin maintained on the trading account as per the exchange rules. Bonanza for trading in Equity Futures charges 0.005% as the brokerage. To make sure you enter the right contract, you can view all the equity futures contracts on the trading platform of Bonanza and also the NSE/BSE websites.
– Bonanza Equity Options Brokerage Calculator
Options can be another attractive but riskier way to invest in the market. These option contracts have an expiration date and also a strike price. Bonanza charges Rs 15 per lot that is traded and executed. They also need the span margin to be maintained as per the exchange mandate.
3. Bonanza Commodity Brokerage Calculator
Bonanza also provides the facility to trade in the commodities. Commodities are metals like Gold, Silver, Zinc and even Crude oil and other edible items. Products now become popular among retail traders. Hence Brokers have been giving the traders right margin and attractive brokerage plans. MCX is the exchange for the commodities. To even further make it easier, products can be traded in mini lots. They have become less expensive to trade.
Bonanza Commodity Future Brokerage Calculator
Bonanza has the default plan where it is charging 0.004% as the brokerage on the Commodity Futures. There are also other exchange and government-related charges, which are listed out in the Bonanza website.
Bonanza Commodity Option Brokerage Calculator
Unlike the charges on the Future contracts, the Options are charged at Rs 10 per lot. Not all broker supports the trading on the commodity options.
4. Bonanza Currency Brokerage Calculator
Bonanza also has the facility to trade on currencies. Currencies can be purchased as a future or an option. They are the most volatile market to trade on. We will talk about the brokerage charges below.
Bonanza Currency Future Brokerage Calculator
Bonanza charges 0.0025% as the brokerage, and that is on their default plan. The details of the available currency futures contracts are available on the website of the National Stock Exchange.
Bonanza Currency Option Brokerage Calculator
Availing the default plan for at Bonanza, a charge of Rs 5 is charged as brokerage. Details of all the Options contract is available on the National Stock Exchange website.
5. Bonanza Basic Plan Brokerage Charges Table.
Segment | Default Plan | Plan 7500 |
Monthly Fee (Fixed) | ||
Equity Delivery | 0.1000% | 0.02500% |
Equity Intraday | 0.0050% | 0.00312% |
Equity Futures | 0.0050% | 0.00312% |
Equity Options | ₹15 per lot | ₹10 per lot |
Currency Futures | 0.0025% | 0.00150% |
Currency Options | ₹5 per lot | ₹4 per lot |
Commodity Futures | 0.0040% | 0.00208% |
Commodity Options | ₹5 per lot | ₹4 per lot |
6. Bonanza BO & CO Brokerage Calculator
BO and CO orders are beneficial for the day traders who have less time to keep track of the market. However, Bonanza does not have the facility to place the BO and CO orders. Hence there is no question of charges applied.
7. Bonanza Span Brokerage Calculator
Bonanza does not levy any additional fees for the usage of the Span margin which has been made mandatory by the exchange to carry forward the future contract to the next day.
8. Need Bonanza Brokerage Calculator
The brokerage calculator is not available for Bonanza on its website. However, we can find it on the other 3rd party website. There are many such websites that you can find. This helps calculate the brokerage and plan for the trading. One can plan their target based on all the expenses incurred when trading. Hence brokerage calculator and understanding the brokerage charges is essential.
9. List of other Stock Broker Brokerage Calculator
Read Top Online Broker’s Review
Upstox Broker Review | Alice Blue Broker Review |
Zerodha Broker review | Astha Broker Review |
Bonanza Broker Review | Fyers Broker Review |
10. FAQ
How does Bonanza charge its traders as brokerage?
Ans: Bonanza charges as low as Rs 04 per lot.
What are STT charges in Bonanza?
Ans: STT charge on Bonanza Rs 325 per crore turnover.
Is Bonanza a good broker?
Ans: Bonanza is catered more than one brokerage plan to meet different kinds off traders. The feedback from the traders has been good and decent hence can be considered as a good broker.
Can we convert intraday to delivery in Bonanza?
Ans: Yes, we can convert intraday to delivery in Bonanza.
Is Bonanza really free?
Ans: No, Bonanza still charges nominal fees hence cannot be considered as free.
Which is better – Bonanza vs ShareKhan?
Ans: ShareKhan is better than Bonanza based on various aspects.
What is one unique thing on Bonanza brokers?
Ans: Bonanza charge has nil AMC charges.