Zerodha Vs Reliance Securities
Zerodha
Zerodha 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.
Zerodha Vs Reliance Securities - Broker Details
| Zerodha | Reliance Securities | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2010 | 2005 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE&MCX-SX, NCDEX, NMCE |
| Branches | 120+ | 80+ |
| Brokerage | ₹20/ Order or 0.03% | 0.05% |
| Broker Type | Discount Broker | Full service Broker |
Zerodha Vs Reliance Securities - Account Opening & AMC Charges
| Zerodha | Reliance Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account Opening Charge | ₹200 | ₹0 (Free) |
| Demat Account AMC | ₹300/Year + GST charged quarterly (90 days) | ₹2500/- life time free |
| Trading Account AMC | ₹0 (Free) | ₹2500/- life time free |
Zerodha Vs Reliance Securities - Brokerage charges & Plans
| Zerodha | Reliance Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | Zero Brokerage | 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 or 0.03%(whichever is lower) | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | 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 or 0.03% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
Zerodha Vs Reliance Securities - Other Charges
| Zerodha | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | - |
| API Charges | ₹2000/ Month | N/A |
| Call & Trade Charges | ₹50/ Order | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
Zerodha Vs Reliance Securities - Transaction Charges
| Zerodha | Reliance Securities | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% | NSE: 0.04174% |
| Equity Futures | NSE: 0.002% | NSE: 0.0009% | BSE: 0.0005% |
| Equity Intraday | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.0032% | BSE: 0.003% |
| Equity Options | NSE: 0.053% (on premium) | NSE:0.05% | BSE:0.0005% (on premium) |
| Commodity | Group A Exchange txn charge: 0.0026% |Group B: Exchange txn charge | CASTORSEED - 0.0005% |KAPAS - 0.0026% | PEPPER - 0.00005% |RBDPMOLEIN - 0.001% | Group A: 0.0026% | PEPPER - 0.00005% | CASTORSEED - 0.0005% | RBDPMOLEIN - 0.001% |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | BSE: Exchange txn charge: 0.00022% | NSE: 0.0009% |
| Equity Delivery | NSE: 0.00345% | BSE: 0.00345% | NSE: 0.0032% | BSE: 0.00275% |
Zerodha Vs Reliance Securities - Margin (Exposure)
| Zerodha | Reliance Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | Up to 3 times with 21% interest per year |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Zerodha Vs Reliance Securities - Features
| Zerodha | 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Zerodha Vs Reliance Securities - Review & Rating
| Zerodha | Reliance Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Zerodha Vs Reliance Securities - Request a call back from Broker
| Zerodha | Reliance Securities | |
|---|---|---|
Zerodha Vs Reliance Securities - Investment Options
| Zerodha | 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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Zerodha Vs Reliance Securities - Order Type
| Zerodha | 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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Zerodha Vs Reliance Securities - Research & Report
| Zerodha | 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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Zerodha Vs Reliance Securities - Daily Market Report
| Zerodha | Reliance Securities | |
|---|---|---|
| Daily Market Reports & News |
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Zerodha Vs Reliance Securities - Suitable For Investor
| Zerodha | Reliance Securities | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Zerodha Vs Reliance Securities - Pros & Cons
| Zerodha | Reliance Securities | |
|---|---|---|
| Pros | 1.It charges zero brokerage for Delivery. 2.\\tIt provides same pricing structure for across all the exchanges. 3.\\tIt charges no upfront fee or turnover commitment. 4.\\tIt provides Z-Connect, Interactive blog, and portal for all the other queries. 5.\\tIt requires no minimum balance to open a trading account with Zerodha. 6.\\tIt provides various trading platforms such as Coin, Sensibull, GoldenPi, Sentinel, Smallcase, Console and Kite Connect API to help the customers. | 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.It does not provide a three-in one demat account. 2.\\tIt charges ₹20/ Trade in Call and Trade segment | 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. |
Zerodha Vs Reliance Securities - Background
| Zerodha | Reliance Securities | |
|---|---|---|
Zerodha Vs Reliance Securities - Compare All Brokers
| Zerodha | Reliance Securities | |
|---|---|---|
Zerodha Vs Reliance Securities - STT/CTT
| Zerodha | 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 |
Zerodha Vs Reliance Securities - Demat transaction charges
| Zerodha | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹27+ Gst per scrip per day only on sell |
Zerodha Vs Reliance Securities - GST
| Zerodha | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Zerodha Vs Reliance Securities - SEBI Charges
| Zerodha | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Reliance Securities - Account Opening & AMC Charges
Zerodha
Reliance Securities
Trading Account Opening Charge
₹200
₹0 (Free)
Demat Account Opening Charge
₹200
₹0 (Free)
Demat Account AMC
₹300/Year + GST charged quarterly (90 days)
₹2500/- life time free
Trading Account AMC
₹0 (Free)
₹2500/- life time free
Zerodha Vs Reliance Securities
| Zerodha | Reliance Securities | |
|---|---|---|
Zerodha Review 2024 |
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.
Zerodha Vs Reliance Securities - Brokerage charges & Plans
| Zerodha | Reliance Securities | |
|---|---|---|
| Commodity Futures | ₹20/ Order or 0.03% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Futures | ₹20/ Order or 0.03% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Equity Delivery | Zero Brokerage | 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 or 0.03%(whichever is lower) | R- Online Insta Account Plan:-₹25/Lot | R-Fixed Plan:- ₹100/Lot |
| Equity Futures | ₹20/ Order or 0.03% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:- 0.05% |
| Currency Options | ₹20/ Order or 0.03% (whichever is lower) | 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 or 0.03% (whichever is lower) | R- Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Call Back Open Account |
Zerodha Vs Reliance Securities - Margin (Exposure)
| Zerodha | Reliance Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (20% margin) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x(100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | Up to 3 times with 21% interest per year |
| Currency Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margins(SPAN + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Zerodha Vs Reliance Securities - Other Charges
| Zerodha | Reliance Securities | |
|---|---|---|
| RMS Square Off Charge | (₹50 + GST) | - |
| API Charges | ₹2000/ Month | N/A |
| Call & Trade Charges | ₹50/ Order | ₹20/ Call (First 20 calls/Month will be free) |
| Other Brokerage Charges | ₹20 or 0.03% (whichever is lower) | Online Insta Account Plan:- 0.025% | R-Fixed Plan:-0.05% |
| Minimum Brokerage | ₹20/ Order | 0.05% |
Zerodha Vs Reliance Securities - STT/CTT
| Zerodha | 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 |
Zerodha Vs Reliance Securities - Demat transaction charges
| Zerodha | Reliance Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 + Gst per scrip (stock) | ₹27+ Gst per scrip per day only on sell |
Zerodha Vs Reliance Securities - GST
| Zerodha | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | Equity:- 18% on (brokerage + SEBI charges + transaction charges) | Currency & Commodities:- 18% on (brokerage + transaction charges) | 18% on (Brokerage + Transaction Charge) |
Zerodha Vs Reliance Securities - SEBI Charges
| Zerodha | Reliance Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore + GST | Commodities futures:- Agri: ₹1/ Crore + GST Non- Agri ₹10/ Crore + GST | ₹10/Crore |
Zerodha Vs Reliance Securities - Features
| Zerodha | 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 Cash: 3:20 PM | Equity F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close | Equity & F&O:- 3:10 PM | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | Zerodha Kite, Zerodha Coin and Zerodha Varsity, Console, Sentinel | Tick Pro, Tick Web, Tick pc |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |