Best Stock Broker in Mumbai, India - Financial Services Provider

ATTENTION – A note from the Regulators for Investors

Stock brokers can accept securities as margin from clients only by way of pledge in the depository system, with effect from Sept 1, 2020.
Update your mobile number and email ID with your stock broker/depository participant and receive OTP directly from depository on your email ID and/or mobile number to create pledges.
Check your Securities/MF/Bonds in the consolidated account statement issued by NSDL/CDSL every month.
Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.
Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following link: https://www.nseindia.com/invest/about-defaulter-section
Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of ‘margin pledge’, created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.
Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly.
Don't ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories forthwith.
Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the exchange if you notice a discrepancy.
Please do not transfer funds, for the purposes of trading to anyone, including an authorized person or an associate of the broker, other than a SEBI registered Stock broker.
Do not deal with unregistered intermediaries (who are not registered with SEBI/Exchanges).’’

— Issued in the interest of investors

MARKET TRENDS

Sensex Nifty Data

“ Dear Client, update and link your Aadhaar number to your trading / DP account maintained with us.” Just call us on +91 022-68363775 / 739 / 708.

ABOUT US

Bonanza – a financial powerhouse, financial advisor

OVERVIEW

A financial powerhouse! That’s what Bonanza is for you! Established in the year 1994, Bonanza developed into one of the largest financial services and broking house in India within a short span of time.

VISION & VALUES

We believe in sharing a forthright and respectful relationship with our business partners and employees. We consider them both as our team associates, who work together. Succeed together.

MILESTONES

Awarded by BSE as “Major Volume Driver” (2004-05, 2006-07, 2007-08)
Best Web Portal providing Integrated Property Services, 2013***

CORPORATE SOCIAL RESPONSIBILITY

Other than being the masters of financial services, Bonanza also believes in the power of giving.

WHAT CLIENTS SAY

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

Neetu Gogoi Skil Travels

Choosing My E-Trade 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.

Aishwarya Rao Independent Trader

My E-Trade is not just a Trading Product but it's a complete & comprehensive platform to trade in Equities, Commodities and Currency Derivatives.

Prem Upadhyay Fiitjee

VIDEOS

As per company policies, we do not accept cash under any circumstances. In case of any cash transaction with our sub broker / associate, the client will solely be responsible. We do not guarantee any fixed return.

NEW TO TRADING?

Equity and Stock Markets

Stock is a share in the ownership of a company; it represents a claim on the company's assets and earnings.

Introduction of SBTS

With SBTS, it becomes possible for market participants to see the full market.

Online Trading Mechanism

Online Trading by Bonanza provides the customers a seamless internet trading experience.

What are Contracts?

A Forward Contract is a customized contract between the buyer and the seller where settlement takes place on a specific date in future at a price agreed today.

Terminologies

Stock Trading Terminology is a unique technical language of stock market.

What are Derivatives?

Derivatives are assets, which derive their values from an underlying asset.

What is Volatility?

Volatility is a statistical measure of the amount of fluctuation in a stock’s price within a period of time.

OTHER EXPERTISE

At Bonanza, we also cater to the investment needs of leading corporate houses and institutions. Our Institutional Broking Services are backed by an insightful research team who provide the most in-depth reports on the markets... Read More

SUBMIT YOUR PORTFOLIO

Get Daily Stock Market Analysis, Send Your Stock Query, Submit Your Portfolio

ECONOMIC CALENDAR

The Economic Calendar by Bonanza Portfolio covers all the economic events and indicators that drive the markets.

PORTFOLIO CALCULATOR

You can estimate the future value of your portfolio using the Portfolio Calculator. Simply fill in your details and let the system do the math