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Reliance Securities Vs Geojit: Which one is better?

Both the brokers are registered with SEBI. Reliance Securities offers investmenet in Equity, F&O and Currency only, where Geojit offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Reliance Securities ranges between 0.05 - 0.50% while the brokerage of Geojit ranges between .03 to .3%. Both the brokers are Full Service brokers. Reliance Securities is having overall lower rating compare to Geojit. Reliance Securities is rated only 3.5 out of 5 where Geojit is rated 4 out of 5. Number of active customer for Geojit is 2,38,218 where number of active customer for Reliance Securities is 74,804. Geojit is serving more customer compare to Reliance Securities.

Here we present side-by-side comparison of Reliance Securities vs Geojit 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 Geojit'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 Geojit 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 Geojit'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 Geojit on Service

  Reliance Securities Compare
Reliance Securities
Geojit Compare
Geojit
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 74,804 2,38,218
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 Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce...Know more about Geojit
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 Geojit on Trading & Demat Account Opening Charges

Comparison of Reliance Securities with Geojit on trading & demat account opening charges and AMC. Trading account opening charges - Geojit offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account where Geojit charges Rs 700 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities with Geojit
Charges Reliance Securities Geojit
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) Rs 700 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Reliance Securities vs Geojit on Plan Options

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

Compare Reliance Securities with Geojit on Plan Options
Plan Types Reliance Securities Geojit
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 Geojit 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.

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

Brokerage Charges - Compare Reliance Securities with Geojit
Brokerage Charges Compare Reliance Securities Geojit
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Online Trading Plan (Percentage Based)
Equity Delivery 0.50% 0.30% or 30 paisa
Equity Intraday 0.05% 0.03% or 3 paisa
Equity Futures 0.05% 0.01%
Equity Options Rs 100 Per Lot Rs 50 Per Lot
Currency Futures 0.05% 0.03% or 3 paisa
Currency Options Rs 100 Per Lot Rs 50 Per Lot
Commodity Trading Future: 0.05%| Options: Rs 100 per lot 0.05% (Buy and sell)| Options: Rs. 150/lot| Option
Minimum Brokerage 5 paise per share 1p per share or Rs 20/contract whichever is higher
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Yes - 20% interest PA
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Free
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Free
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Geojit
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Share Broker's Transaction Charges

Compare Reliance Securities vs Geojit on Transaction Charges

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

Transaction Charges - Compare Reliance Securities with Geojit
Transaction Charges Compare Reliance Securities Geojit
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for geojit
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Account Features

Compare Reliance Securities vs Geojit on Account Features

Compare Reliance Securities with Geojit 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 - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Reliance Securities with Geojit
Account Features Compare Reliance Securities Geojit
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 No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features Mobile Application: Rmobile Xpress NIL
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Trading Platform

Compare Reliance Securities vs Geojit on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities and Geojit. 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 Geojit
Trading Platform Compare Reliance Securities Geojit
Desktop Trading Platform InstaXpress SELFIE Platinum
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://tick.rsec.co.in/ https://selfie.geojit.net/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TICK PRO SELFIE Geojit
Mobile Trading App Demo TICK PRO Demo SELFIE Geojit Demo
Android Mobile App Yes Yes
Android App Download Andriod TICK PRO Download Andriod SELFIE Geojit Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS TICK PRO Download iOS SELFIE Geojit Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Geojit
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Geojit
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Geojit
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for geojit

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Broker Ratings by Users

Compare Reliance Securities vs Geojit on User Rating

  Reliance Securities Geojit
  52 Customer Reviews    Rate Reliance Securities 79 Customer Reviews    Rate Geojit
Fees Ratings 3.5 3.6
Trading Brokerage Rating 3.4 3.4
Trading Platform Usability 3.3 3.9
Customer Service Ratings 3.4 3.8
Overall Ratings 3.4 3.7
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews Geojit is Rated 3.7 / 5 based on 79 customer reviews
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Investment Offerings

Compare Reliance Securities vs Geojit on Investment Offerings

Compare Reliance Securities with Geojit 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 - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.

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

Compare Reliance Securities vs Geojit on Order Types

Order Type - Compare Reliance Securities with Geojit 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) - Reliance Securities provide Cover Orders (CO) where Geojit doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Reliance Securities provide Bracket Orders (BO) where Geojit doesn't offer.With the name its cleare 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 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- Geojit offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

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

Compare Reliance Securities vs Geojit on Customer Service

Compare Reliance Securities with Geojit 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 Geojit
Customer Service Compare Reliance Securities Geojit
24/7 Customer Service Reliance Securities vs Geojit - 24x7 customer support No No
Email Support Reliance Securities vs Geojit - Email Support Yes Yes
Onine Live Chat Reliance Securities vs Geojit - Onine Live Chat Yes No
Phone Support Reliance Securities vs Geojit - Phone Support Yes Yes
Toll Free Number Reliance Securities vs Geojit - Toll Free Number Yes Yes
Through Branches Reliance Securities vs Geojit - Through Branches Yes Yes
Customer Care Number Reliance Securities vs Geojit - Customer Care Number 022 41596000 | 022 62436000 1800-425-5501/1800-103-5501/91-484-2405822
Account Opening Process Reliance Securities vs Geojit - Account Opening Process Online/Paperless Offline
Customer Support Email Reliance Securities vs Geojit - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities vs Geojit - Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://insights.geojit.com/
Head Office Address Reliance Securities vs Geojit - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Website Reliance Securities vs Geojit - Company Website https://www.reliancesmartmoney.com https://www.geojit.com/
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Tips/Research/Reports Published

Compare Reliance Securities vs Geojit on Research Reports, Tips

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

Research Reports - Compare Reliance Securities with Geojit
  Reliance Securities Geojit
Research Mutual Funds Reliance Securities vs Geojit - Research Mutual Funds Yes Yes
Research Equity Reports Reliance Securities vs Geojit - Research Equity Reports Yes Yes
Research ETF Reliance Securities vs Geojit - Research ETF Yes Yes
Daily Market Report Reliance Securities vs Geojit - Daily Market Report Yes Yes
Free Tips Reliance Securities vs Geojit - Free Tips Yes Yes
Quarterly Result Analysis Reliance Securities vs Geojit - Quarterly Results Yes Yes
News Alerts Reliance Securities vs Geojit - Yes Yes
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Demat Account

Compare Reliance Securities vs Geojit on Demat Account

Compare Reliance Securities with Geojit 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 Geojit is ₹600 pa 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 Geojit is 0.02% of transaction value (Max ₹40) + CDSL charges.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 Geojit
  Reliance Securities Geojit
DP Source CDSL CDSL
DP ID Reliance Securities vs Geojit - DP ID 41400 48900
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹600 pa
Advance Deposit Nil NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.02% of transaction value (Max ₹40) + CDSL charges
Demat ₹5 per certificate + ₹30 request charges ₹100 per demat request max 5 + ₹20 each additional certificate
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹50 per transaction
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹50 per transaction
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs Geojit on Special Offers and Promotion

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

Compare Reliance Securities vs Geojit on Special Offers and Promotion
  Reliance Securities Geojit
Pay In and Pay Out Options Reliance Securities vs Geojit - 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
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Reliance Securities vs Geojit - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Reliance Securities vs Geojit - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Info Not Available
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...

  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

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...

  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

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

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