IIFL Securities Vs Reliance Securities
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
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 Vs Reliance Securities - Broker Details
IIFL Securities | Reliance Securities | |
---|---|---|
Single Margin Facility | ||
Year of Incorporation | 1995 | 2005 |
Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE&MCX-SX, NCDEX, NMCE |
Branches | 2000+ | 80+ |
Brokerage | ₹20/ Order | 0.05% |
Broker Type | Full Service Broker | Full service Broker |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Account Opening & AMC Charges
IIFL Securities | Reliance Securities | |
---|---|---|
Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
Demat Account AMC | ₹0 (Free) for the first year | ₹250 + GST from the next year onwards | ₹2500/- life time free |
Trading Account AMC | ₹0 (Free) | ₹2500/- life time free |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Brokerage charges & Plans
IIFL Securities | Reliance Securities | |
---|---|---|
Commodity Futures | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
Currency Futures | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
Equity Delivery | ₹20/ Order | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
Equity Options | ₹20/ Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
Commodity Options | ₹20/ Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
Equity Futures | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
Currency Options | ₹20/ Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
Fixed Charges | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Equity Intraday | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Other Charges
IIFL Securities | Reliance Securities | |
---|---|---|
RMS Square Off Charge | ₹50/ 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/ Order | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Minimum Brokerage | ₹20/ Order | 0.05% |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Transaction Charges
IIFL Securities | Reliance Securities | |
---|---|---|
Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | NSE: 0.04174% |
Equity Futures | NSE: 0.00195% on Total Turnover value | NSE: 0.0009% | BSE: 0.0005% |
Equity Intraday | 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% | NSE: 0.0032% | BSE: 0.003% |
Equity Options | NSE: 0.053% on Premium value | NSE:0.05% | BSE:0.0005% (on premium) |
Commodity | 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 | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% |
Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | NSE: 0.0009% |
Equity Delivery | 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% | NSE: 0.0032% | BSE: 0.00275% |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Margin (Exposure)
IIFL Securities | 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 |
IIFL Securities Vs Reliance Securities - Features
IIFL Securities | 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | Tick Pro, Tick Web, Tick pc |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Review & Rating
IIFL Securities | Reliance Securities | |
---|---|---|
Trading Brokerage | ||
Customer Service | ||
Fees | ||
Trading Platform Usability | ||
Mobile App | ||
Research | ||
Desktop Software | ||
Overall Ratings | ||
Broker Rating | ||
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Request a call back from Broker
IIFL Securities | Reliance Securities | |
---|---|---|
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Investment Options
IIFL Securities | Reliance Securities | |
---|---|---|
Currency | ||
IPO | ||
Commodity | ||
Debt | ||
Other Options | ||
Stock Cash / Equity | ||
Mutual Funds | ||
Bond / NCD | ||
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Order Type
IIFL Securities | 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 | ||
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Research & Report
IIFL Securities | Reliance Securities | |
---|---|---|
Free Tips | ||
Quarterly Result Analysis | ||
Daily Market Report | ||
News Alerts | ||
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Daily Market Report
IIFL Securities | Reliance Securities | |
---|---|---|
Daily Market Reports & News | ||
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Suitable For Investor
IIFL Securities | Reliance Securities | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader | ||
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Pros & Cons
IIFL Securities | Reliance Securities | |
---|---|---|
Pros | 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). | 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. 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. | 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 |
IIFL Securities Vs Reliance Securities - Background
IIFL Securities | Reliance Securities | |
---|---|---|
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Compare All Brokers
IIFL Securities | Reliance Securities | |
---|---|---|
Call Back Open Account |
IIFL Securities Vs Reliance Securities - STT/CTT
IIFL Securities | 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 Sell | 0.025% on the Sell Side |
Equity Options | 0.05% on Sell (on Premium) | 0.05% on Sell Side(on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & Sell | 0.1% on both Buy and Sell |
Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Demat transaction charges
IIFL Securities | Reliance Securities | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹27+ Gst per scrip per day only on sell |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - GST
IIFL Securities | Reliance Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - SEBI Charges
IIFL Securities | Reliance Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Account Opening & AMC Charges
IIFL Securities Vs Reliance Securities
IIFL Securities | Reliance Securities | |
---|---|---|
IIFL Securities Review | Features and Brokerage PlansIIFL 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 .. + " 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.
IIFL Securities Vs Reliance Securities - Brokerage charges & Plans
IIFL Securities | Reliance Securities | |
---|---|---|
Commodity Futures | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
Currency Futures | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
Equity Delivery | ₹20/ Order | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
Equity Options | ₹20/ Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
Commodity Options | ₹20/ Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
Equity Futures | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
Currency Options | ₹20/ Order | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
Fixed Charges | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Equity Intraday | ₹20/ Order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Margin (Exposure)
IIFL Securities | 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 |
IIFL Securities Vs Reliance Securities - Other Charges
IIFL Securities | Reliance Securities | |
---|---|---|
RMS Square Off Charge | ₹50/ 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/ Order | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Minimum Brokerage | ₹20/ Order | 0.05% |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - STT/CTT
IIFL Securities | 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 Sell | 0.025% on the Sell Side |
Equity Options | 0.05% on Sell (on Premium) | 0.05% on Sell Side(on Premium) |
Currency Options | No STT | No STT |
Equity Delivery | 0.1% on both buy & Sell | 0.1% on both Buy and Sell |
Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Demat transaction charges
IIFL Securities | Reliance Securities | |
---|---|---|
Equity Demat Transaction Charges | Equity (F&O, Intraday):- No Charges | Equity Delivery- ₹20+ Gst per scrip only on Sell | ₹27+ Gst per scrip per day only on sell |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - GST
IIFL Securities | Reliance Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - SEBI Charges
IIFL Securities | Reliance Securities | |
---|---|---|
Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Call Back Open Account |
IIFL Securities Vs Reliance Securities - Features
IIFL Securities | 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:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
Trading Platform | 1. IIFL App 2. IIFL TT Web 3. IIFL Trader Terminal | Tick Pro, Tick Web, Tick pc |
SMS Alerts for Trades | ||
Direct Mutual Fund | ||
Call Back Open Account |