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Reliance Securities Vs Dhan: Which one is better?

Both the brokers are registered with SEBI. Reliance Securities offers investmenet in Equity, F&O and Currency only, where Dhan offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Reliance Securities Max 0.05 - 0.50% per trade while the brokerage of Dhan ranges between Rs 20. Reliance Securities is a Full Service Broker where Dhan is a Discount Broker. Reliance Securities is having overall higher rating compare to Dhan. Reliance Securities is rated 3.5 out of 5 where Dhan is rated only 3 out of 5. Number of active customer for Dhan is 3,85,819 where number of active customer for Reliance Securities is 74,804. Dhan is serving more customer compare to Reliance Securities.

Here we present side-by-side comparison of Reliance Securities vs Dhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Reliance Securities vs Dhan's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Reliance Securities vs Dhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Reliance Securities vs Dhan's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Reliance Securities vs Dhan on Service

  Reliance Securities Compare
Reliance Securities
Dhan Compare
Dhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX
Active Clients 74,804 3,85,819
Broker Overview Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ... Know more about Reliance Securities Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr...Know more about Dhan
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Reliance Securities vs Dhan on Trading & Demat Account Opening Charges

Comparison of Reliance Securities with Dhan on trading & demat account opening charges and AMC. Trading account opening charges - Dhan offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities with Dhan
Charges Reliance Securities Dhan
Trading Account Opening Fees Rs 950 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Reliance Securities vs Dhan on Plan Options

Plans are the most important feature you look when compare Reliance Securities with Dhan. This section compare on high level about type of plans offered by brokers. Multiple Plans - Reliance Securities provide Multiple Plans where Dhan doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Reliance Securities with Dhan on Plan Options
Plan Types Reliance Securities Dhan
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Reliance Securities vs Dhan on Brokerage Charges

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

Brokerage Charges - Compare Reliance Securities with Dhan
Brokerage Charges Compare Reliance Securities Dhan
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Dhan Brokerage Plan
Equity Delivery 0.50% Free
Equity Intraday 0.05% 0.03% or Rs 20 whichever is lower
Equity Futures 0.05% 0.03% or Rs 20 whichever is lower
Equity Options Rs 100 Per Lot Flat Fee Rs 20
Currency Futures 0.05% 0.03% or Rs 20 whichever is lower
Currency Options Rs 100 Per Lot Flat Fee Rs 20
Commodity Trading Future: 0.05%| Options: Rs 100 per lot Flat Fee Rs 20
Minimum Brokerage 5 paise per share No
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Rs 50 per order + GST
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Rs 20 per order + GST
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Dhan
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Share Broker's Transaction Charges

Compare Reliance Securities vs Dhan on Transaction Charges

Compare Reliance Securities with Dhan on transaction charges and PCM fee by segment.

Transaction Charges - Compare Reliance Securities with Dhan
Transaction Charges Compare Reliance Securities Dhan
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for dhan
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Account Features

Compare Reliance Securities vs Dhan on Account Features

Compare Reliance Securities with Dhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Dhan offers Algo Trading where Reliance Securities doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Reliance Securities offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Reliance Securities with Dhan
Account Features Compare Reliance Securities Dhan
3 in 1 Account No Reliance Securities have 2-in-1 account. Only Demate and Trading account. No Reliance Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:20 PM
NRI Trading Yes No
Other Features Mobile Application: Rmobile Xpress NIL
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Trading Platform

Compare Reliance Securities vs Dhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities and Dhan. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Reliance Securities with Dhan
Trading Platform Compare Reliance Securities Dhan
Desktop Trading Platform InstaXpress Dhan App, Web, Options Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://tick.rsec.co.in/ https://web.dhan.co/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TICK PRO Dhan App
Mobile Trading App Demo TICK PRO Demo Dhan App Demo
Android Mobile App Yes Yes
Android App Download Andriod TICK PRO Download Andriod Dhan App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS TICK PRO Download iOS Dhan App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Dhan
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Dhan
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Dhan
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for dhan

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Broker Ratings by Users

Compare Reliance Securities vs Dhan on User Rating

  Reliance Securities Dhan
  52 Customer Reviews    Rate Reliance Securities 12 Customer Reviews    Rate Dhan
Fees Ratings 3.5 2.8
Trading Brokerage Rating 3.4 3.6
Trading Platform Usability 3.3 3.2
Customer Service Ratings 3.4 2.8
Overall Ratings 3.4 3.3
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews Dhan is Rated 3.3 / 5 based on 12 customer reviews
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Investment Offerings

Compare Reliance Securities vs Dhan on Investment Offerings

Compare Reliance Securities with Dhan on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Reliance Securities offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - Reliance Securities provide PMS Service where Dhan doesn't offer

Investment Offerings - Compare Reliance Securities with Dhan
Investment Offerings Compare Reliance Securities Dhan
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes Yes
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Reliance Securities vs Dhan on Order Types

Order Type - Compare Reliance Securities with Dhan on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Dhan offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Reliance Securities with Dhan
Order Type Compare Reliance Securities Dhan
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare Reliance Securities vs Dhan on Customer Service

Compare Reliance Securities with Dhan on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Reliance Securities with Dhan
Customer Service Compare Reliance Securities Dhan
24/7 Customer Service Reliance Securities vs Dhan - 24x7 customer support No No
Email Support Reliance Securities vs Dhan - Email Support Yes Yes
Onine Live Chat Reliance Securities vs Dhan - Onine Live Chat Yes Yes
Phone Support Reliance Securities vs Dhan - Phone Support Yes Yes
Toll Free Number Reliance Securities vs Dhan - Toll Free Number Yes No
Through Branches Reliance Securities vs Dhan - Through Branches Yes No
Customer Care Number Reliance Securities vs Dhan - Customer Care Number 022 41596000 | 022 62436000 022-48906273
Account Opening Process Reliance Securities vs Dhan - Account Opening Process Online/Paperless Zero
Customer Support Email Reliance Securities vs Dhan - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities vs Dhan - Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://knowledge.dhan.co/support/home
Head Office Address Reliance Securities vs Dhan - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055

302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Website Reliance Securities vs Dhan - Company Website https://www.reliancesmartmoney.com https://dhan.co/
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Tips/Research/Reports Published

Compare Reliance Securities vs Dhan on Research Reports, Tips

Compare Reliance Securities with Dhan on research reports and tips provided by the broker.

Research Reports - Compare Reliance Securities with Dhan
  Reliance Securities Dhan
Research Mutual Funds Reliance Securities vs Dhan - Research Mutual Funds Yes No
Research Equity Reports Reliance Securities vs Dhan - Research Equity Reports Yes No
Research ETF Reliance Securities vs Dhan - Research ETF Yes No
Daily Market Report Reliance Securities vs Dhan - Daily Market Report Yes No
Free Tips Reliance Securities vs Dhan - Free Tips Yes No
Quarterly Result Analysis Reliance Securities vs Dhan - Quarterly Results Yes No
News Alerts Reliance Securities vs Dhan - Yes No
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Demat Account

Compare Reliance Securities vs Dhan on Demat Account

Compare Reliance Securities with Dhan on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Dhan is Zero where for Reliance Securities is ₹300 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Reliance Securities is 0.04% (Min ₹27) + CDSL charges where for Dhan is ₹12.5 per transaction.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Reliance Securities with Dhan
  Reliance Securities Dhan
DP Source CDSL CDSL
DP ID Reliance Securities vs Dhan - DP ID 41400 289-2016
Demat Account Annual Maintenance Charges(AMC) ₹300 pa Zero
Advance Deposit Nil Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹12.5 per transaction
Demat ₹5 per certificate + ₹30 request charges ₹250 per certificate + courier charges
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹250 per certificate + courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹12.5 per transaction
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹12.5 per transaction
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹12.5 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs Dhan on Special Offers and Promotion

Compare Reliance Securities with Dhan on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Reliance Securities vs Dhan on Special Offers and Promotion
  Reliance Securities Dhan
Pay In and Pay Out Options Reliance Securities vs Dhan - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
Pay-out/Fund Withdrawal - Bank Transfer only
UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS
Payout Time Reliance Securities vs Dhan - Payout Time Max 24 hrs except bank holidays Fast withdrawal with IMPS, NEFT Withdrawal
Bank Supported and Charges Reliance Securities vs Dhan - Bank Supported and Charges Info Not Available
Bank Detail RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Multiple exchanges trading on BSE, NSE, and MCX.
  • Buy insurance plans like car insurance, health insurance, general insurance, etc.
  • Multiple brokerage plans.
  • Free state of the art and user-friendly TICK web, app, and desktop platform.
  • Zero Demat Account opening fees.
  • Zero brokerage benefits for the first 30 days.
  • No AMC for the first year.
  • Research reports, model portfolios, and stocks and mutual funds research recommendations.
  • R Model Portfolio and mutual fund basket recommendations.
  • Invest in the portfolio management services.
  • Robo assist technology platform for goal-based investing.
  • NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO).
  • Place Valid Till Cancelled order for maximum validity of 45 days.
  • Free first 20 call & trade every month.
  • An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners.

Detail Review...

  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

Dislikes
  • No flat brokerage plan is offered by Reliance Securities.
  • High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox.
  • The full-service broker does not have a toll-free number to provide 24*7 customer support.

Detail Review...

  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-13T01:50:30+00:00