Reliance Securities Vs Groww
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.
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Reliance Securities Vs Groww - Broker Details
| Reliance Securities | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2005 | 2016 |
| Exchanges | NSE, BSE&MCX-SX, NCDEX, NMCE | NSE and BSE. |
| Branches | 80+ | Zero |
| Brokerage | 0.05% | ₹20/ Order |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
Reliance Securities Vs Groww - Account Opening & AMC Charges
| Reliance Securities | Groww | |
|---|---|---|
| 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) |
| Trading Account AMC | ₹2500/- life time free | ₹0 (Free) |
| Call Back Open Account |
Reliance Securities Vs Groww - Brokerage charges & Plans
| Reliance Securities | Groww | |
|---|---|---|
| Commodity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | N/A |
| Currency Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | N/A |
| Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | N/A |
| Equity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | N/A |
| 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 or 0.05% (whichever is lower) |
| Call Back Open Account |
Reliance Securities Vs Groww - Other Charges
| Reliance Securities | Groww | |
|---|---|---|
| RMS Square Off Charge | - | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | N/A |
| Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.05% | ₹20/ Order |
| Call Back Open Account |
Reliance Securities Vs Groww - Transaction Charges
| Reliance Securities | Groww | |
|---|---|---|
| Currency Options | NSE: 0.04174% | N/A |
| Equity Futures | NSE: 0.0009% | BSE: 0.0005% | NSE:- 0.002% |
| Equity Intraday | NSE: 0.0032% | BSE: 0.003% | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE:0.05% | BSE:0.0005% (on premium) | NSE:- 0.053% on premium |
| Commodity | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% | N/A |
| Currency Futures | NSE: 0.0009% | N/A |
| Equity Delivery | NSE: 0.0032% | BSE: 0.00275% | NSE:- 0.00345% | BSE:-0.00345% |
| Call Back Open Account |
Reliance Securities Vs Groww - Margin (Exposure)
| Reliance Securities | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | Up to 3 times with 21% interest per year | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account |
Reliance Securities Vs Groww - Features
| Reliance Securities | Groww | |
|---|---|---|
| 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | Tick Pro, Tick Web, Tick pc | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
Reliance Securities Vs Groww - Review & Rating
| Reliance Securities | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Reliance Securities Vs Groww - Request a call back from Broker
| Reliance Securities | Groww | |
|---|---|---|
| Call Back Open Account |
Reliance Securities Vs Groww - Investment Options
| Reliance Securities | Groww | |
|---|---|---|
| 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 |
Reliance Securities Vs Groww - Order Type
| Reliance Securities | Groww | |
|---|---|---|
| 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 |
Reliance Securities Vs Groww - Research & Report
| Reliance Securities | Groww | |
|---|---|---|
| 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 |
Reliance Securities Vs Groww - Daily Market Report
| Reliance Securities | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
Reliance Securities Vs Groww - Suitable For Investor
| Reliance Securities | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
Reliance Securities Vs Groww - Pros & Cons
| Reliance Securities | Groww | |
|---|---|---|
| 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.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. |
| 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.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. |
| Call Back Open Account |
Reliance Securities Vs Groww - Background
| Reliance Securities | Groww | |
|---|---|---|
| Call Back Open Account |
Reliance Securities Vs Groww - Compare All Brokers
| Reliance Securities | Groww | |
|---|---|---|
| Call Back Open Account |
Reliance Securities Vs Groww - STT/CTT
| Reliance Securities | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| 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% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
| Call Back Open Account |
Reliance Securities Vs Groww - Demat transaction charges
| Reliance Securities | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹27+ Gst per scrip per day only on sell | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
Reliance Securities Vs Groww - GST
| Reliance Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
Reliance Securities Vs Groww - SEBI Charges
| Reliance Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Reliance Securities Vs Groww - Account Opening & AMC Charges
Reliance Securities
Groww
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)
Trading Account AMC
₹2500/- life time free
₹0 (Free)
Reliance Securities Vs Groww
| Reliance Securities | Groww | |
|---|---|---|
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 .. + " Vs "+ Groww |
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. |
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Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Reliance Securities Vs Groww - Brokerage charges & Plans
| Reliance Securities | Groww | |
|---|---|---|
| Commodity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | N/A |
| Currency Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | N/A |
| Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | N/A |
| Equity Futures | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | N/A |
| 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 or 0.05% (whichever is lower) |
| Call Back Open Account |
Reliance Securities Vs Groww - Margin (Exposure)
| Reliance Securities | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | Up to 3 times with 21% interest per year | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account |
Reliance Securities Vs Groww - Other Charges
| Reliance Securities | Groww | |
|---|---|---|
| RMS Square Off Charge | - | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | N/A |
| Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | ₹20/ Order or 0.05% |
| Minimum Brokerage | 0.05% | ₹20/ Order |
Reliance Securities Vs Groww - STT/CTT
| Reliance Securities | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| 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% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
Reliance Securities Vs Groww - Demat transaction charges
| Reliance Securities | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹27+ Gst per scrip per day only on sell | ₹13.5 Gst per scrip per day only on sell |
Reliance Securities Vs Groww - GST
| Reliance Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% ( Brokerage + Transaction charges) |
Reliance Securities Vs Groww - SEBI Charges
| Reliance Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
Reliance Securities Vs Groww - Features
| Reliance Securities | Groww | |
|---|---|---|
| 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:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | Tick Pro, Tick Web, Tick pc | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |