Finvasia Vs Reliance Securities
Finvasia
Finvasia Review gives an overall view and updates about the Finvasia Brokerage Charges, Finvasia Margin, Finvasia Trading Software 2024, Finvasia Demat Account Charges and it also gives overview on Finvasia NRI Account, Branches, Finvasia Customer Complaints, Finvasia Mutual Funds, Finvasia IPO, Finvasia Advantages and Disadvantages as well as Finvasia charges zero brokerages
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.
Finvasia Vs Reliance Securities - Broker Details
| Finvasia | Reliance Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2012 | 2005 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE&MCX-SX, NCDEX, NMCE |
| Branches | Zero | 80+ |
| Brokerage | ₹0 (Free) | 0.05% |
| Broker Type | Discount Broker | Full service Broker |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Account Opening & AMC Charges
| Finvasia | Reliance Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹2500/- life time free |
| Trading Account AMC | ₹0 (Free) | ₹2500/- life time free |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Brokerage charges & Plans
| Finvasia | Reliance Securities | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | ₹0 (Free) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | ₹0 (Free) | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹0 (Free) | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | ₹0 (Free) | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | ₹0 (Free) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹0 (Free) | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | ₹0 (Free) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | ₹0 (Free) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Other Charges
| Finvasia | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹0 (Free) | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | ₹0 (Free) | 0.05% |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Transaction Charges
| Finvasia | Reliance Securities | |
|---|---|---|
| Currency Options | ₹4000/Cr of premium | NSE: 0.04174% |
| Equity Futures | ₹325/Cr | NSE: 0.0009% | BSE: 0.0005% |
| Equity Intraday | ₹325/Cr | NSE: 0.0032% | BSE: 0.003% |
| Equity Options | ₹5000/Cr | NSE:0.05% | BSE:0.0005% (on premium) |
| Commodity | ₹260/Cr | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% |
| Currency Futures | ₹115/Cr | NSE: 0.0009% |
| Equity Delivery | ₹325/Cr | NSE: 0.0032% | BSE: 0.00275% |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Margin (Exposure)
| Finvasia | Reliance 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 | 1x (100% of trade value) | Up to 3 times with 21% interest per year |
| 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) |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Features
| Finvasia | Reliance Securities | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Finvasia Vs Reliance Securities - Review & Rating
| Finvasia | Reliance Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Finvasia Vs Reliance Securities - Request a call back from Broker
| Finvasia | Reliance Securities | |
|---|---|---|
| Call Back Open Account |
Finvasia Vs Reliance Securities - Investment Options
| Finvasia | Reliance Securities | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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| Call Back Open Account |
Finvasia Vs Reliance Securities - Order Type
| Finvasia | Reliance Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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| Call Back Open Account |
Finvasia Vs Reliance Securities - Research & Report
| Finvasia | Reliance Securities | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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| Call Back Open Account |
Finvasia Vs Reliance Securities - Daily Market Report
| Finvasia | Reliance Securities | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Finvasia Vs Reliance Securities - Suitable For Investor
| Finvasia | Reliance Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Finvasia Vs Reliance Securities - Pros & Cons
| Finvasia | Reliance Securities | |
|---|---|---|
| Pros | 1.They offer truly commission-free online trading. They don't charge any brokerage. Customer pay only taxes and monthly trading platform uses charges for few trading software's. 2. Trading and Demat Account opening is FREE. 3.Online Chat support is available on its website. 4.Online IPO Application is available with Finvasia. 5.Five minutes online paperless account opening is available through eKYC and AADHAAR ESign. | 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. |
| Cons | 1.Finvasia offers online do-it-yourself (DIY) stock trading faculty with minimum or no support from the broker. They are not suitable for beginners or casual investors. 2.Scalpter (trading website) has only 1 min charting frame. 3.Doesn't offer a 3-in-1 account. 4. Trading platforms like NEST and NOW are chargeable. | 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. |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Background
| Finvasia | Reliance Securities | |
|---|---|---|
| Call Back Open Account |
Finvasia Vs Reliance Securities - Compare All Brokers
| Finvasia | Reliance Securities | |
|---|---|---|
| Call Back Open Account |
Finvasia Vs Reliance Securities - STT/CTT
| Finvasia | Reliance 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 the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Demat transaction charges
| Finvasia | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | ₹27+ Gst per scrip per day only on sell |
| Call Back Open Account |
Finvasia Vs Reliance Securities - GST
| Finvasia | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Finvasia Vs Reliance Securities - SEBI Charges
| Finvasia | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Account Opening & AMC Charges
Finvasia
Reliance Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹2500/- life time free
Trading Account AMC
₹0 (Free)
₹2500/- life time free
Finvasia Vs Reliance Securities
| Finvasia | Reliance Securities | |
|---|---|---|
Finvasia Review | Brokerage Charges, Account Opening‘Simply Commission Free’ is a tagline of Finvasia which strongly believes that adding value & quality to the products & services will have more meaning in the future rather than charging brokerage. Finvasia financial services private limited .. + " Vs "+ Reliance Securities |
Reliance Securities Review | Brokerage Charges, Account OpeningA 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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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.
Finvasia Vs Reliance Securities - Brokerage charges & Plans
| Finvasia | Reliance Securities | |
|---|---|---|
| Commodity Futures | ₹0 (Free) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | ₹0 (Free) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | ₹0 (Free) | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | ₹0 (Free) | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | ₹0 (Free) | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | ₹0 (Free) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹0 (Free) | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | ₹0 (Free) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | ₹0 (Free) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Margin (Exposure)
| Finvasia | Reliance 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 | 1x (100% of trade value) | Up to 3 times with 21% interest per year |
| 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) |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Other Charges
| Finvasia | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | - |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹0 (Free) | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | ₹0 (Free) | 0.05% |
| Call Back Open Account |
Finvasia Vs Reliance Securities - STT/CTT
| Finvasia | Reliance 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 the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% on Sell Side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Demat transaction charges
| Finvasia | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹9 + Gst per scrip only on sell | ₹27+ Gst per scrip per day only on sell |
| Call Back Open Account |
Finvasia Vs Reliance Securities - GST
| Finvasia | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% on (Brokerage + Transaction Charge) |
| Call Back Open Account |
Finvasia Vs Reliance Securities - SEBI Charges
| Finvasia | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
| Call Back Open Account |
Finvasia Vs Reliance Securities - Features
| Finvasia | Reliance 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:- 3:20 PM | Currency: 4:45 PM | Commodities: 11:15 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1.ScalperT (Web & Mobile Trading App) 2.NEST (Omnysis powered Trading Terminal) 3.NSE NOW 4.Blitz Trader (Algorithmic Trading Platform 5.Symphony Presto | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |