Maverick Vs Reliance Securities
Maverick
Maverick 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.
Maverick Vs Reliance Securities - Broker Details
| Maverick | Reliance Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2000 | 2005 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE&MCX-SX, NCDEX, NMCE |
| Branches | N/A | 80+ |
| Brokerage | 0.01% per order | 0.05% |
| Broker Type | Full Service Broker | Full service Broker |
Maverick Vs Reliance Securities - Account Opening & AMC Charges
| Maverick | Reliance Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹300 per year | ₹999 for Lifetime | ₹2500/- life time free |
| Trading Account AMC | NA | ₹2500/- life time free |
Maverick Vs Reliance Securities - Brokerage charges & Plans
| Maverick | Reliance Securities | |
|---|---|---|
| Commodity Futures | 0.01% per order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | 0.01% per order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | 0.1% per order | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | Rs. 10 per lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | Rs. 10 per lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | 0.01% per order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | Rs. 10 per lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | 0.01% per order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | 0.01% per order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Maverick Vs Reliance Securities - Other Charges
| Maverick | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | - |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/Order | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | 0.01% per order | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | 0.01% per order | 0.05% |
Maverick Vs Reliance Securities - Transaction Charges
| Maverick | Reliance Securities | |
|---|---|---|
| Currency Options | Exchange txn charge: 0.035%e | NSE: 0.04174% |
| Equity Futures | NSE: 0.0019% | NSE: 0.0009% | BSE: 0.0005% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.0032% | BSE: 0.003% |
| Equity Options | NSE: 0.05% (on premium) | NSE:0.05% | BSE:0.0005% (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% Group B Exchange txn charge: 0.006% Clearing charge: .00025% | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% |
| Currency Futures | Exchange txn charge: 0.0009% Clearing charge: .00025% | NSE: 0.0009% |
| Equity Delivery | NSE: 0.00325% BSE: 0.00275%(BSE: charges vary as per the scrip group) | NSE: 0.0032% | BSE: 0.00275% |
Maverick Vs Reliance Securities - Margin (Exposure)
| Maverick | Reliance Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Maverick Vs Reliance Securities - Features
| Maverick | 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Maverick Vs Reliance Securities - Review & Rating
| Maverick | Reliance Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Maverick Vs Reliance Securities - Request a call back from Broker
| Maverick | Reliance Securities | |
|---|---|---|
Maverick Vs Reliance Securities - Investment Options
| Maverick | 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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Maverick Vs Reliance Securities - Order Type
| Maverick | 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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Maverick Vs Reliance Securities - Research & Report
| Maverick | 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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Maverick Vs Reliance Securities - Daily Market Report
| Maverick | Reliance Securities | |
|---|---|---|
| Daily Market Reports & News |
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Maverick Vs Reliance Securities - Suitable For Investor
| Maverick | Reliance Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Maverick Vs Reliance Securities - Pros & Cons
| Maverick | 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. |
Maverick Vs Reliance Securities - Background
| Maverick | Reliance Securities | |
|---|---|---|
Maverick Vs Reliance Securities - Compare All Brokers
| Maverick | Reliance Securities | |
|---|---|---|
Maverick Vs Reliance Securities - STT/CTT
| Maverick | 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 | 0.0625% 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 | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Maverick Vs Reliance Securities - Demat transaction charges
| Maverick | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Rs.20 /- | ₹27+ Gst per scrip per day only on sell |
Maverick Vs Reliance Securities - GST
| Maverick | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Maverick Vs Reliance Securities - SEBI Charges
| Maverick | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maverick Vs Reliance Securities - Account Opening & AMC Charges
Maverick
Reliance Securities
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹300 per year | ₹999 for Lifetime
₹2500/- life time free
Trading Account AMC
NA
₹2500/- life time free
Maverick Vs Reliance Securities
| Maverick | Reliance Securities | |
|---|---|---|
Maverick Account Opening Process and Charges Detail |
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.
Maverick Vs Reliance Securities - Brokerage charges & Plans
| Maverick | Reliance Securities | |
|---|---|---|
| Commodity Futures | 0.01% per order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | 0.01% per order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | 0.1% per order | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% |
| Equity Options | Rs. 10 per lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Commodity Options | Rs. 10 per lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | 0.01% per order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | Rs. 10 per lot | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Fixed Charges | 0.01% per order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Equity Intraday | 0.01% per order | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Maverick Vs Reliance Securities - Margin (Exposure)
| Maverick | Reliance Securities | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal 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 Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Maverick Vs Reliance Securities - Other Charges
| Maverick | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | - |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹20/Order | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | 0.01% per order | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | 0.01% per order | 0.05% |
Maverick Vs Reliance Securities - STT/CTT
| Maverick | 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 | 0.0625% 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 | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Maverick Vs Reliance Securities - Demat transaction charges
| Maverick | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | Rs.20 /- | ₹27+ Gst per scrip per day only on sell |
Maverick Vs Reliance Securities - GST
| Maverick | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Maverick Vs Reliance Securities - SEBI Charges
| Maverick | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Maverick Vs Reliance Securities - Features
| Maverick | Reliance Securities | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| 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:- 3:15pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Maverick Trade Mobile App, 2. Maverick Tradeweb Platform | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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