There are approximately 534 different plant species that can be used to create both indoor and outdoor Bonsai plants. They range from Elms to Pines, from Bamboo to Junipers and much more. You can see the complete list of all 534 species at this link
http://www.Bonsai-bci.com/species/botanical_index.html
As you can see, there are numerous plants that would make good Bonsai tree plantings. It can be a little overwhelming especially to the beginner Bonsai enthusiast, but it doesn”t have to be. All you have to do is consider all the important factors before selecting a species (native to your area) that”s right for your climate and surroundings.
Some plant species used to create Bonsai are considered classic. Those include Junipers, Maples and Pines. Other suitable species of plants include Birch, Beech, Elm, Ginkgo, Hornbeam, Cedar and Yew. As a side note, Larch also makes a good Bonsai, but has a tendency to shed branches for no apparent reason.
If you prefer plants that will flower, consider using Apple, Cherry, Cotoneaster, Pyracantha, Japanese Quince and Azalea. These are probably the best choices for flowering Bonsai.