Compare Bonanza Online
Bonanza Online
LFS Broking
LFS Broking

Background

Year of Incorporation 1994 2011
Website http://www.bonanzaonline.com http://www.Lfsbroking.com
Phone 022-30863700 020-66437040
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, MCX-SX, MCX
Demat (NSDL/CDSL) NSDL CDSL – partnership with IL&FS
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 Rs 7.4 Crores
Profit after Tax FY12/13 Rs 3.6 Crores
Profit after Tax FY13/14 - Rs 5.72 Crores
Profit after Tax FY 14/15 Rs 5.13 Crores
Profit after Tax FY 15/16 Rs -2.54 Crores
Profit after Tax FY 16/17 Rs 3.5 Lakhs
Profit after Tax FY17/18 - Rs 24.9 Lakhs
Debt FY11/12 Rs 52.5 Crores  
Debt FY12/13 Rs 99.4 Crores  
Debt FY13/14 Rs 74.2 Crores  
Debt FY14/15 Rs 149 Crores  
Debt FY15/16 Rs 135 Crores
Debt FY 16/17 Rs 4.03 Crores
Debt FY 17/18 Rs 3.82 Crores
Profit to Equity(%) FY11/12 11.42
Profit to Equity(%) FY12/13 3.33
Profit to Equity(%) FY13/14 (5.25)
Profit to Equity(%) FY14/15 5
Profit to Equity(%) FY15/16 (2.4)
Profit to Equity(%) FY16/17 0
Profit to Equity(%) FY17/18 (4)
Balance Sheet Size FY11/12 Rs 380.4 Crores
Balance Sheet Size FY12/13 Rs 405.8 Crores
Balance Sheet Size FY13/14 Rs 372.5 Crores
Balance Sheet Size FY14/15 Rs 420 Crores
Balance Sheet Size FY15/16 Rs 410 Crores
Balance Sheet Size FY16/17 Rs 36.5 Crores
Balance Sheet Size FY17/18 Rs 33.03 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year in December. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 30,449 NA
Active clients - 2014 34,452 NA
Active clients - 2015 33,606 NA
Active clients - 2016 36,302 696
Active clients - 2017 44,724 992
Active clients - 2018 39,923 964
Active clients Rating


Brokerage

Equity 0.03% for Intraday & 0.3% for Delivery - Negotiable 0.01% or Rs.20 per order whichever is lower for intraday and 0.1% or Rs.20 per order whichever is lower for delivery
Equity Futures 0.03% of turnover - Negotiable Rs.20 per executed order
Equity Options Rs 70/lot - Negotiable Rs.20 per executed order
Currency Futures 0.03% of turnover - Negotiable Rs.20 per executed order
Currency Options Rs 50/lot - Negotiable Rs.20 per executed order
Commodity 0.03% of turnover - Negotiable Rs.20 per executed order & Rs.9 per lot
Brokerage Rating


Account Opening Costs

Trading only NA Nil
Trading & Demat Rs 150 Rs.300
Commodity Rs 150 Nil
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of turnover 0.00325% of Turnover
Futures 0.003% of turnover 0.0019% of Turnover
Options 0.057% of turnover 0.05% of Premium Turnover
Commodities 0.003% of turnover 0.0021% of Turnover
AMC charge Rs 250/year Rs.395
DP Transaction Charge Rs 15 or 0.02% whichever is higher Rs 20
Offline order placing Charge 0 Nil
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 5 days on ODIN 22 days
End of Day 5 years on ODIN 22 days
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 10 times for intraday, Delivery@interest Upto 20 Times for Intraday
Equity Futures Upto 3 times for intraday Upto 4 times for Intraday
Equity Options No leverage for buying, upto 2 times for shorting No Leverage
Currency Futures Upto 2 times for intraday Upto 4 times for intraday
Currency Options No leverage for buying, upto 2 times for shorting No Leverage
Commodity Upto 3 times for intraday Upto 5 times for Intraday
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review