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Quick Comparision (Finwave VS Reliance Securities)

 
 

Finwave Vs Reliance Securities

Finwave
Finwave Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints


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.

Finwave Vs Reliance Securities - Broker Details

Finwave Reliance Securities
Single Margin Facility
Year of Incorporation 2014 2005
Exchanges NSE, BSE, MCX and NCDEX NSE, BSE&MCX-SX, NCDEX, NMCE
Branches 25 80+
Brokerage ₹20 per order 0.05%
Broker Type Full Service Broker Full service Broker

Finwave Vs Reliance Securities - Account Opening & AMC Charges

Finwave Reliance Securities
Trading Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC 1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly ₹2500/- life time free
Trading Account AMC 1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly ₹2500/- life time free

Finwave Vs Reliance Securities - Brokerage charges & Plans

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

Finwave Vs Reliance Securities - Other Charges

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

Finwave Vs Reliance Securities - Transaction Charges

Finwave Reliance Securities
Currency Options BSE: 0.001% | NSE: 0.035% NSE: 0.04174%
Equity Futures NSE: 0.002% NSE: 0.0009% | BSE: 0.0005%
Equity Intraday BSE: 0.00345% | NSE: 0.00345% NSE: 0.0032% | BSE: 0.003%
Equity Options NSE: 0.053% NSE:0.05% | BSE:0.0005% (on premium)
Commodity 0.0026% Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001%
Currency Futures NSE: 0.0009% | BSE: 0.00022% NSE: 0.0009%
Equity Delivery BSE: 0.00345% | NSE: 0.00345% NSE: 0.0032% | BSE: 0.00275%

Finwave Vs Reliance Securities - Margin (Exposure)

Finwave 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)

Finwave Vs Reliance Securities - Features

Finwave 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software Tick Pro, Tick Web, Tick pc
SMS Alerts for Trades
Direct Mutual Fund

Finwave Vs Reliance Securities - Review & Rating

Finwave Reliance Securities
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating

Finwave Vs Reliance Securities - Request a call back from Broker

Finwave Reliance Securities

Finwave Vs Reliance Securities - Investment Options

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

Finwave Vs Reliance Securities - Order Type

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

Finwave Vs Reliance Securities - Research & Report

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

Finwave Vs Reliance Securities - Daily Market Report

Finwave Reliance Securities
Daily Market Reports & News

Finwave Vs Reliance Securities - Suitable For Investor

Finwave Reliance Securities
Casual Investor
Active Investor
Trader

Finwave Vs Reliance Securities - Pros & Cons

Finwave Reliance Securities
Pros 1. Reliable and experienced brokerage firm, 2. Wide range of investment options, 3. Excellent customer service and support, 4. RWide range of investment products and options, 5. Competitive pricing and low fees. 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. Market volatility and potential investment risks, 2. Possibility of financial losses, 3. Dependency on market conditions and economic factors, 4. Potential conflicts of interest, 5. Regulatory compliance challenges, 6. Potential for high trading fees and expenses. 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.

Finwave Vs Reliance Securities - Background

Finwave Reliance Securities

Finwave Vs Reliance Securities - Compare All Brokers

Finwave Reliance Securities

Finwave Vs Reliance Securities - STT/CTT

Finwave 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 buy & 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

Finwave Vs Reliance Securities - Demat transaction charges

Finwave Reliance Securities
Equity Demat Transaction Charges ₹18.5 + GST per scrip ₹27+ Gst per scrip per day only on sell

Finwave Vs Reliance Securities - GST

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

Finwave Vs Reliance Securities - SEBI Charges

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

Finwave Vs Reliance Securities - Account Opening & AMC Charges

Finwave
Reliance Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹999 Onetime | 3rd Plan- ₹100 Yearly
₹2500/- life time free
Trading Account AMC
1st Plan- ₹160 Yearly | 2nd Plan- ₹0 (Free) | 3rd Plan- ₹100 Yearly
₹2500/- life time free
 

Finwave Vs Reliance Securities

Finwave Reliance Securities
 

Finwave Account Opening Process and Charges Details

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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 ..
 
 

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.

Finwave Vs Reliance Securities - Brokerage charges & Plans

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

Finwave Vs Reliance Securities - Margin (Exposure)

Finwave 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)

Finwave Vs Reliance Securities - Other Charges

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

Finwave Vs Reliance Securities - STT/CTT

Finwave 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 buy & 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

Finwave Vs Reliance Securities - Demat transaction charges

Finwave Reliance Securities
Equity Demat Transaction Charges ₹18.5 + GST per scrip ₹27+ Gst per scrip per day only on sell

Finwave Vs Reliance Securities - GST

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

Finwave Vs Reliance Securities - SEBI Charges

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

Finwave Vs Reliance Securities - Features

Finwave 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:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM
Trading Platform 1. Finwave Trade, 2. Finwave Web Trade, 3. Finwave Best Software Tick Pro, Tick Web, Tick pc
SMS Alerts for Trades
Direct Mutual Fund

Finwave

Reliance Securities