To open a Demat and Trading account with Bonanza you may go to https://bigul.co/open-account. Fill the details and complete the e-KYC.
Bonanza offers free Demat and Trading account. There are no charges to open these accounts.
Bonanza offers lifetime free Demat and Trading account. There are no annual maintenance charges to keep the accounts with Bonanza.
With your Bonanza MyEtrade trading Account, you will be able to invest in Equities, Equities Derivatives, Commodities Derivatives, Currency Derivatives, Mutual Funds, NCDs, and Bonds.
● Desktop Application - https://bit.ly/3nl7n4T
● Mobile App
o Android - https://bit.ly/2KL0icJ
o IOS - https://apple.co/38S204V
o Web Trading - https://bit.ly/WebTrading
You can place your order through Call & Trade facility with a dedicated and exclusive relationship manager assigned to you by calling following numbers:
+91 22 6836 3904
+91 22 6836 3760
+91 22 6273 5568
*Call & Trade charge Rs 25/- per executed order.
Bonanza MyEtrade trading Account allows following leverages to trade:
● Intraday Cash Market - 4 Times
● Intraday Equity Derivatives - 2 Times
● Intraday Currency Derivatives - 2 Times
● Intraday Commodities Derivatives - 2 Times
● Delivery, Option Selling & Carry Forward Trades - As per Previous EOD Ledger Balance
● System Square Off threshold - @70% of M2M
● Intraday System Square Off time - 15 Minutes Prior to the closing of the Market
Your Bonanza MyEtrade trading Account offers two options for brokerage:
A. Brokerage Option One
You can trade in all segments with MyEtrade by paying a flat brokerage of Rs 18/- per executed order irrespective of the trade volume. Whether you trade for Rs 10,000 or 10 crores Bonanza will charge you only Rs 18/- per executed order.
B. Brokerage Option Two
You may pay segment wise brokerage rates which are as follows:
Segment |
Per Crore |
In % |
Intra Day |
1000 |
0.010% |
Futures |
1000 |
0.010% |
Delivery |
10000 |
0.10% |
Equity Options |
20 per lot |
|
Currency |
500 |
0.0050% |
Currency option |
10 per lot |
|
Commodity |
600 |
0.006% |
Commodity Delivery |
4000 |
0.040% |
Charges |
Equity |
|||
Delivery |
Intraday |
Futures |
Options |
|
STT |
0.1% on buy & sell |
0.025% on the sell side |
0.01% on sell side |
0.05% on sell side (on premium) |
Transaction charges |
NSE: 0.00345% |
NSE: 0.00345% |
NSE: 0.002% |
NSE: 0.053% (on premium) |
BSE: 0.00345% |
BSE: 0.00345% |
|||
GST |
18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
SEBI charges |
₹10 / crore |
₹10 / crore |
₹10 / crore |
₹10 / crore |
Stamp charges |
0.015% or ₹1500 / crore on buy side |
0.003% or ₹300 / crore on buy side |
0.002% or ₹200 / crore on buy side |
0.003% or ₹300 / crore on buy side |
Charges |
Currency Futures |
Currency Options |
Transaction charges |
NSE |
NSE |
Exchange txn charge: 0.0009% |
Exchange txn charge: 0.035% |
|
BSE |
BSE |
|
Exchange txn charge: 0.00022% |
Exchange txn charge: 0.001% |
|
GST |
18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
SEBI charges |
₹10 / crore |
₹10 / crore |
Stamp charges |
0.0001% or ₹10 / crore on buy side |
0.0001% or ₹10 / crore on buy side |
Charges |
Commodity futures |
Commodity options |
STT/CTT |
0.01% on sell side (Non-Agri) |
0.05% on sell side |
Transaction charges |
Group A |
Exchange txn charge: 0 |
Exchange txn charge: 0.0026% |
||
Group B: |
||
Exchange txn charge: |
||
CASTORSEED - 0.0005% |
||
KAPAS - 0.0026% |
||
PEPPER - 0.00005% |
||
RBDPMOLEIN - 0.001% |
||
GST |
18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
SEBI charges |
Agri: |
₹10 / crore |
₹1 / crore |
||
Non-agri: |
||
₹10 / crore |
||
Stamp charges |
0.002% or ₹200 / crore on buy side |
0.003% or ₹300 / crore on buy side |
Securities / Commodities transaction tax is levied by the government when transacting on the exchanges. Charged are levied on both buy and sell sides when trading in equity delivery but only on selling side when trading intraday or in Equity and Commodity Derivatives.
It is to be noted that as per the calculation STT / CTT can be more than the brokerage.
Transaction / Turnover charged are levied by exchanges (NSE, BSE, MCX) on the value of your transactions.
BSE has revised transaction charges in XC, XD, XT, Z and ZP groups to Rs.10,000 per crore w.e.f 01.01.2016. (XC and XD groups have been merged into a new group X w.e.f 01.12.2017)
BSE has revised transaction charges in SS and ST groups to Rs.1,00,000 per crore of gross turnover.
Goods and Service Tax (GST) is levied by the government on the services rendered. It is 18% of (brokerage + transaction charges).
SEBI charges are ₹10 per crore. These charges are levied by Securities and Exchange Board of India for regulating the markets.
Stamp charges are levied by the Government of India as per the Indian Stamp Act of 1899 for transacting in instruments on the stock exchanges and depositories.
You may use either of the following options to buy or sell an instrument:
Option 1
Across the website, you will see a ‘Buy/Sell/Trade’ button placed against various instruments. Click on the button to initiate your transaction. It will ask you for your login credentials if you are not logged in already.
Option 2
● Step 1: Login to your account
● Step 2: Click on the ‘Buy/Sell’ link in the menu
● Step 3: Search for the instrument or scheme you wish to order for
● Step 4: Select ‘Buy’ or ‘Sell’, enter the Quantity, Price, Product Type, Order, and other details to place your order
A Limit Order is an order to buy or sell a stock at a specific price. A Buy Limit Order can only be executed at the limit price or lower, while a Sell Limit Order can only be executed at the limit price or higher. A limit order is not guaranteed to execute.
An Immediate or Cancel (IOC) order allows a trading member to buy or sell a security as soon as the order is released in the market, failing which the order will be removed from the market. A partial match is possible for the order, and the unmatched portion of the order is cancelled immediately.
A Day Order is an order to buy or sell a security that automatically expires, if not executed on the day the order was placed. A day order is an order that is good for that day only.
An AMO is a type of order which is placed by the investor when the market session is closed. This order gets placed on the exchange at the opening of the next market session.
Note: Timing to place an AMO is between 5:00 pm and 9:00 am for NSE, NFO and Currency segments.
You can get deep insights into markets with a dedicated section for Equities Derivatives as well as Commodities. Get information such as Market Map, Top Gainers & Losers, Most Active, 52 Week High & Low, Volume Buzzers, FII DII Flows, Sector Performance, Roll Over Analysis, Option Chain, etc. With Event Calendar you can also track upcoming results, corporate actions and economic events.
On this share market app get deep insights into markets with a dedicated section for Equities Derivatives as well as Commodities. Get information such as Market Map, Top Gainers & Losers, Most Active, 52 Week High & Low, Volume Buzzers, FII DII Flows, Sector Performance, Roll Over Analysis, Option Chain, etc. With Event Calendar you can also track upcoming results, corporate actions and economic events.
Don't believe that our services are good? Read below to know what our Customers think!
MyEtrade is possibly the most advanced & robust Online Trading product available in the Market. It is easy to use & helps me save a lot of time.
Choosing MyEtrade is one of the best decisions I've taken. I'm not only paying the Lowest Brokerage but it has also made Online Trading easier for me.
MyEtrade is not just a Trading Product but it's a complete & comprehensive platform to trade in Equities, Commodities and Currency Derivatives.
While we do what we do best, we are prepared to perform at a different level altogether, in order to add more and more gains to your portfolio. If you would like to know further details or discuss the proposal with our representatives, kindly contact us
Bonanza House, Plot No. M-2,
Cama Industrial Estate, Walbhat Road,
Goregaon (East), Mumbai 400063
+91 22-68363904/760 / +91 22-62735568
Support: myetrade@bonanzaonline.com