Reliance Securities Vs INDmoney
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.
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Reliance Securities Vs INDmoney - Broker Details
| Reliance Securities | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2005 | 2019 |
| Exchanges | NSE, BSE&MCX-SX, NCDEX, NMCE | NSE, BSE and MCX |
| Branches | 80+ | 966 |
| Brokerage | 0.05% | 0.05% or up to ₹20/Per Order |
| Broker Type | Full service Broker | Discount Broker |
Reliance Securities Vs INDmoney - Account Opening & AMC Charges
| Reliance Securities | INDmoney | |
|---|---|---|
| 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 INDmoney - Brokerage charges & Plans
| Reliance Securities | INDmoney | |
|---|---|---|
| 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% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | 0.05% or up to ₹20/Per Order |
| Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | 0.05% or up to ₹20/Per Order |
| 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% | 0.05% or up to ₹20/Per Order |
| Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.05% or up to ₹20/Per Order |
Reliance Securities Vs INDmoney - Other Charges
| Reliance Securities | INDmoney | |
|---|---|---|
| RMS Square Off Charge | - | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | ₹50 per position |
| Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.05% | 0.05% or up to ₹20/Per Order |
Reliance Securities Vs INDmoney - Transaction Charges
| Reliance Securities | INDmoney | |
|---|---|---|
| Currency Options | NSE: 0.04174% | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE: 0.0009% | BSE: 0.0005% | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE: 0.0032% | BSE: 0.003% | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE:0.05% | BSE:0.0005% (on premium) | NSE: 0.053% on premium value |
| Commodity | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% | 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 Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | NSE: 0.0009% | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE: 0.0032% | BSE: 0.00275% | NSE - 0.00325% | BSE- 0.00375% |
Reliance Securities Vs INDmoney - Margin (Exposure)
| Reliance Securities | INDmoney | |
|---|---|---|
| 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 | Up to 3 times with 21% interest per year | 1x (no margin) |
| 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) |
Reliance Securities Vs INDmoney - Features
| Reliance Securities | INDmoney | |
|---|---|---|
| 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Tick Pro, Tick Web, Tick pc | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Reliance Securities Vs INDmoney - Review & Rating
| Reliance Securities | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Reliance Securities Vs INDmoney - Request a call back from Broker
| Reliance Securities | INDmoney | |
|---|---|---|
Reliance Securities Vs INDmoney - Investment Options
| Reliance Securities | INDmoney | |
|---|---|---|
| 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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Reliance Securities Vs INDmoney - Order Type
| Reliance Securities | INDmoney | |
|---|---|---|
| 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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Reliance Securities Vs INDmoney - Research & Report
| Reliance Securities | INDmoney | |
|---|---|---|
| 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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Reliance Securities Vs INDmoney - Daily Market Report
| Reliance Securities | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Reliance Securities Vs INDmoney - Suitable For Investor
| Reliance Securities | INDmoney | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Reliance Securities Vs INDmoney - Pros & Cons
| Reliance Securities | INDmoney | |
|---|---|---|
| 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. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| 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.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Reliance Securities Vs INDmoney - Background
| Reliance Securities | INDmoney | |
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Reliance Securities Vs INDmoney - Compare All Brokers
| Reliance Securities | INDmoney | |
|---|---|---|
Reliance Securities Vs INDmoney - STT/CTT
| Reliance Securities | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| 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 (On Premium) |
| 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 | 0.05% only on sell side |
Reliance Securities Vs INDmoney - Demat transaction charges
| Reliance Securities | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹27+ Gst per scrip per day only on sell | ₹250/ per certificate |
Reliance Securities Vs INDmoney - GST
| Reliance Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Reliance Securities Vs INDmoney - SEBI Charges
| Reliance Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Reliance Securities Vs INDmoney - Account Opening & AMC Charges
Reliance Securities
INDmoney
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 INDmoney
| Reliance Securities | INDmoney | |
|---|---|---|
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 "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Reliance Securities Vs INDmoney - Brokerage charges & Plans
| Reliance Securities | INDmoney | |
|---|---|---|
| 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% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | R- Online Insta Account Plan:- 0.25% | R-Fixed Plan:-0.50% | 0.05% or up to ₹20/Per Order |
| Equity Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | 0.05% or up to ₹20/Per Order |
| 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% | 0.05% or up to ₹20/Per Order |
| Currency Options | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.05% or up to ₹20/Per Order |
Reliance Securities Vs INDmoney - Margin (Exposure)
| Reliance Securities | INDmoney | |
|---|---|---|
| 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 | Up to 3 times with 21% interest per year | 1x (no margin) |
| 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) |
Reliance Securities Vs INDmoney - Other Charges
| Reliance Securities | INDmoney | |
|---|---|---|
| RMS Square Off Charge | - | ₹50 per position |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹20/ Call (First 20 calls/Month will be free) | ₹50 per position |
| Other Brokerage Charges | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | 0.05% | 0.05% or up to ₹20/Per Order |
Reliance Securities Vs INDmoney - STT/CTT
| Reliance Securities | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| 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 (On Premium) |
| 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 | 0.05% only on sell side |
Reliance Securities Vs INDmoney - Demat transaction charges
| Reliance Securities | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹27+ Gst per scrip per day only on sell | ₹250/ per certificate |
Reliance Securities Vs INDmoney - GST
| Reliance Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Reliance Securities Vs INDmoney - SEBI Charges
| Reliance Securities | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Reliance Securities Vs INDmoney - Features
| Reliance Securities | INDmoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
|
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| 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:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | Tick Pro, Tick Web, Tick pc | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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