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Comparision (Reliance Securities VS IIFL Securities)

 

Reliance Securities Vs IIFL Securities

Reliance Securities
Reliance Securities is a full service Broker. Reliance Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Reliance Securities Vs IIFL Securities - Broker Details

Reliance Securities IIFL Securities
Single Margin Facility
Year of Incorporation 2005 1995
Exchanges NSE, BSE&MCX-SX, NCDEX, NMCE NSE, BSE, MCX and NCDEX
Branches 80+ 2000+
Brokerage 0.05% ₹20/ Order
Broker Type Full service Broker Full Service Broker

Reliance Securities Vs IIFL Securities - Account Opening & AMC Charges

Reliance Securities IIFL Securities
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹2500/- life time free ₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC ₹2500/- life time free ₹0 (Free)

Reliance Securities Vs IIFL Securities - Brokerage charges & Plans

Reliance Securities IIFL Securities
Commodity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order
Currency Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order
Equity Delivery R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% ₹20/ Order
Equity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Commodity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Equity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order
Currency Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Fixed Charges R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order
Equity Intraday R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order

Reliance Securities Vs IIFL Securities - Other Charges

Reliance Securities IIFL Securities
RMS Square Off Charge - ₹50/ Order
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹20/ Call (First 20 calls/Month will be free) ₹0 (Free)
Other Brokerage Charges Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order
Minimum Brokerage 0.05% ₹20/ Order

Reliance Securities Vs IIFL Securities - Transaction Charges

Reliance Securities IIFL Securities
Currency Options NSE: 0.04174% NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025%
Equity Futures NSE: 0.0009% | BSE: 0.0005% NSE: 0.00195% on Total Turnover value
Equity Intraday NSE: 0.0032% | BSE: 0.003% NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%
Equity Options NSE:0.05% | BSE:0.0005% (on premium) NSE: 0.053% on Premium value
Commodity Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month To) 0.0013% On Turnover For A Category (Far Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN
Currency Futures NSE: 0.0009% NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004%
Equity Delivery NSE: 0.0032% | BSE: 0.00275% NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004%

Reliance Securities Vs IIFL Securities - Margin (Exposure)

Reliance Securities IIFL Securities
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery Up to 3 times with 21% interest per year 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Reliance Securities Vs IIFL Securities - Features

Reliance Securities IIFL Securities
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform Tick Pro, Tick Web, Tick pc 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund

Reliance Securities Vs IIFL Securities - Review & Rating

Reliance Securities IIFL Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account

Reliance Securities Vs IIFL Securities - Request a call back from Broker

Reliance Securities IIFL Securities

Reliance Securities Vs IIFL Securities - Investment Options

Reliance Securities IIFL Securities
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Reliance Securities Vs IIFL Securities - Order Type

Reliance Securities IIFL Securities
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Reliance Securities Vs IIFL Securities - Research & Report

Reliance Securities IIFL Securities
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Reliance Securities Vs IIFL Securities - Daily Market Report

Reliance Securities IIFL Securities
Daily Market Reports & News

Reliance Securities Vs IIFL Securities - Suitable For Investor

Reliance Securities IIFL Securities
Casual Investor
Active Investor
Trader

Reliance Securities Vs IIFL Securities - Pros & Cons

Reliance Securities IIFL Securities
Pros 1. Each customer is allowed to trade on their own simply by logging into his accounts or the customers can call their Call and Trade desk with the trading assistance. 2. The leveraged Intraday product with the reduced margins that allows the customers to trade even with 30 times of their margin. 3. All of the investment options are available under a single account. The account allows trading in Equity, Derivatives, Forex, Commodity, IPO, Mutual Funds and Insurance. 4. It has its various branches and has spread over major cities and the number of how it is growing. 5. The customers can place the After-Market Orders (AMO) to trade for the next trading day post market hours. 6. The firm’s main objective is to provide satisfaction to its maximum customers. 1. It is a full-service broker that has an extended network of branches to guide and help the customers online as well as offline. 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. It provides the best trading terminal to its customers. 4. It has a vast range of financial products that includes stocks, derivatives, bonds, IPO, Mutual Funds, Corporate FDs and Insurance. 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Equity Systematic Investment Plan I.e. Equity SIP. 7. It provides advanced order type like Valid till Date (VTD).
Cons 1. It does not have any toll-free number for their customers so that they can reach out to them. 2. The company does not offer various products across the commodities trading segment. 3. The exposure or the leverage provided by the firm is very low. 4. It has relatively expensive account opening, maintenance and the brokerage charges. 5. The customers need to beware of the hidden charges applied by the firm. 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account since IIFL does not have banking license. 3. It does not provide the facility of Mutual funds.

Reliance Securities Vs IIFL Securities - Background

Reliance Securities IIFL Securities

Reliance Securities Vs IIFL Securities - Compare All Brokers

Reliance Securities IIFL Securities

Reliance Securities Vs IIFL Securities - STT/CTT

Reliance Securities IIFL Securities
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on Sell Side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% on Sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & Sell
Equity Futures 0.01% on Sell Side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side

Reliance Securities Vs IIFL Securities - Demat transaction charges

Reliance Securities IIFL Securities
Equity Demat Transaction Charges ₹27+ Gst per scrip per day only on sell Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell

Reliance Securities Vs IIFL Securities - GST

Reliance Securities IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)

Reliance Securities Vs IIFL Securities - SEBI Charges

Reliance Securities IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Reliance Securities Vs IIFL Securities - Account Opening & AMC Charges

Reliance Securities
IIFL Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹2500/- life time free
₹0 (Free) for the first year | ₹250 + GST from the next year onwards
Trading Account AMC
₹2500/- life time free
₹0 (Free)
 
Call Back Open Account

Reliance Securities Vs IIFL Securities

Reliance Securities IIFL Securities
 

Reliance Securities Review | Brokerage Charges, Account Opening

A Reliance Capital Limited Company is the financial services division of the Reliance Anil Dhirubhai Ambani (ADA) group. The Reliance ADA group is one of the three business houses in India. It has a wide range of presence across the various segments. The major interest of the group revolves from communications and financial services to the ..
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IIFL Securities Review | Features and Brokerage Plans

IIFL Securities is a part of IIFL Group. IIFL group was incorporated in the year 1995 while IIFL Securities was incorporated in the year 1996. It is among the largest independent full-service stock broker house that serves various retail and institutional clients. The IIFL group is the leading financial s ..
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IIFL Securities
IIFL securities is a full service Broker. IIFL Securities Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Reliance Securities Vs IIFL Securities - Brokerage charges & Plans

Reliance Securities IIFL Securities
Commodity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order
Currency Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order
Equity Delivery R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% ₹20/ Order
Equity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Commodity Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Equity Futures R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% ₹20/ Order
Currency Options R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot ₹20/ Order
Fixed Charges R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order
Equity Intraday R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order
Call Back Open Account

Reliance Securities Vs IIFL Securities - Margin (Exposure)

Reliance Securities IIFL Securities
Equity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery Up to 3 times with 21% interest per year 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Reliance Securities Vs IIFL Securities - Other Charges

Reliance Securities IIFL Securities
RMS Square Off Charge - ₹50/ Order
API Charges N/A ₹0 (Free)
Call & Trade Charges ₹20/ Call (First 20 calls/Month will be free) ₹0 (Free)
Other Brokerage Charges Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% ₹20/ Order
Minimum Brokerage 0.05% ₹20/ Order

Reliance Securities Vs IIFL Securities - STT/CTT

Reliance Securities IIFL Securities
Commodity Futures 0.01% on sell side (Non-Agri) 0.01% on Sell Side Non-Agri
Currency Futures No STT No STT
Equity Intraday 0.025% on the Sell Side 0.025% on Sell
Equity Options 0.05% on Sell Side(on Premium) 0.05% on Sell (on Premium)
Currency Options No STT No STT
Equity Delivery 0.1% on both Buy and Sell 0.1% on both buy & Sell
Equity Futures 0.01% on Sell Side 0.01 % on Sell
Commodity Options 0.05% on sell side 0.05% on Sell Side

Reliance Securities Vs IIFL Securities - Demat transaction charges

Reliance Securities IIFL Securities
Equity Demat Transaction Charges ₹27+ Gst per scrip per day only on sell Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell

Reliance Securities Vs IIFL Securities - GST

Reliance Securities IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) 18% on (Brokerage + Transaction Charge) 18% on (Brokerage + Transaction Charge)

Reliance Securities Vs IIFL Securities - SEBI Charges

Reliance Securities IIFL Securities
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/Crore ₹10/Crore

Reliance Securities Vs IIFL Securities - Features

Reliance Securities IIFL Securities
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM
Trading Platform Tick Pro, Tick Web, Tick pc 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal
SMS Alerts for Trades
Direct Mutual Fund

Reliance Securities

IIFL Securities