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Reliance Securities Vs Paytm Money: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O and Currency. The brokerage of Reliance Securities Max 0.05 - 0.50% per trade while the brokerage of Paytm Money ranges between Rs 20. Reliance Securities is a Full Service Broker where Paytm Money is a Discount Broker. Reliance Securities is having overall lower rating compare to Paytm Money. Reliance Securities is rated only 3.5 out of 5 where Paytm Money is rated 4 out of 5. Number of active customer for Paytm Money is 8,01,809 where number of active customer for Reliance Securities is 74,804. Paytm Money is serving more customer compare to Reliance Securities.

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

  Reliance Securities Compare
Reliance Securities
Paytm Money Compare
Paytm Money
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 NSE, BSE
Active Clients 74,804 8,01,809
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 In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ...Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Reliance Securities vs Paytm Money on Trading & Demat Account Opening Charges

Comparison of Reliance Securities with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Paytm Money offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Paytm Money 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 Paytm Money
Charges Reliance Securities Paytm Money
Trading Account Opening Fees Rs 950 Free
Trading AMC Free Rs 30 per month (Platform fees)
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 Paytm Money on Plan Options

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

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

Account Opening

  Zerodha Paytm Money
Account Opening Request
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Brokerage Charges

Compare Reliance Securities vs Paytm Money 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.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Reliance Securities with Paytm Money
Brokerage Charges Compare Reliance Securities Paytm Money
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Flat Brokerage Plan
Equity Delivery 0.50% 2.5% or Rs 20 whichever is lower
Equity Intraday 0.05% 0.05% or Rs 20 whichever is lower
Equity Futures 0.05% 0.02% or Rs 20 whichever is lower
Equity Options Rs 100 Per Lot Flat Fee Rs 20
Currency Futures 0.05% NA
Currency Options Rs 100 Per Lot NA
Commodity Trading Future: 0.05%| Options: Rs 100 per lot NA
Minimum Brokerage 5 paise per share NIL
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 100/order +GST
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Reliance Securities vs Paytm Money on Transaction Charges

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

Transaction Charges - Compare Reliance Securities with Paytm Money
Transaction Charges Compare Reliance Securities Paytm Money
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 paytm-money
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Account Features

Compare Reliance Securities vs Paytm Money on Account Features

Compare Reliance Securities with Paytm Money 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 - Reliance Securities offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - Reliance Securities offers NRI where Paytm Money doesn't offers NRI Trading.

Account Features - Reliance Securities with Paytm Money
Account Features Compare Reliance Securities Paytm Money
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 No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading Yes No
Other Features Mobile Application: Rmobile Xpress NIL
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Trading Platform

Compare Reliance Securities vs Paytm Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities and Paytm Money. 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 Paytm Money
Trading Platform Compare Reliance Securities Paytm Money
Desktop Trading Platform InstaXpress Paytm Money
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://tick.rsec.co.in/ Paytm Money Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TICK PRO Paytm Money App
Mobile Trading App Demo TICK PRO Demo Paytm Money App Demo
Android Mobile App Yes Yes
Android App Download Andriod TICK PRO Download Andriod Paytm Money App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS TICK PRO Download iOS Paytm Money App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Reliance Securities vs Paytm Money on User Rating

  Reliance Securities Paytm Money
  52 Customer Reviews    Rate Reliance Securities 5 Customer Reviews    Rate Paytm Money
Fees Ratings 3.5 3.2
Trading Brokerage Rating 3.4 3.8
Trading Platform Usability 3.3 3.0
Customer Service Ratings 3.4 3.0
Overall Ratings 3.4 3.4
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews Paytm Money is Rated 3.4 / 5 based on 5 customer reviews
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Investment Offerings

Compare Reliance Securities vs Paytm Money on Investment Offerings

Compare Reliance Securities with Paytm Money 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 - Reliance Securities offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Reliance Securities provide PMS Service where Paytm Money doesn't offer

Investment Offerings - Compare Reliance Securities with Paytm Money
Investment Offerings Compare Reliance Securities Paytm Money
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
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 No
Other Investment Options NIL NIL
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Order Types

Compare Reliance Securities vs Paytm Money on Order Types

Order Type - Compare Reliance Securities with Paytm Money 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- Paytm Money offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Reliance Securities with Paytm Money
Order Type Compare Reliance Securities Paytm Money
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 Paytm Money on Customer Service

Compare Reliance Securities with Paytm Money 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 Paytm Money
Customer Service Compare Reliance Securities Paytm Money
24/7 Customer Service Reliance Securities vs Paytm Money - 24x7 customer support No No
Email Support Reliance Securities vs Paytm Money - Email Support Yes Yes
Onine Live Chat Reliance Securities vs Paytm Money - Onine Live Chat Yes No
Phone Support Reliance Securities vs Paytm Money - Phone Support Yes No
Toll Free Number Reliance Securities vs Paytm Money - Toll Free Number Yes No
Through Branches Reliance Securities vs Paytm Money - Through Branches Yes No
Customer Care Number Reliance Securities vs Paytm Money - Customer Care Number 022 41596000 | 022 62436000 Info Not Available
Account Opening Process Reliance Securities vs Paytm Money - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Reliance Securities vs Paytm Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities vs Paytm Money - Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://www.paytmmoney.com/care
Head Office Address Reliance Securities vs Paytm Money - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website Reliance Securities vs Paytm Money - Company Website https://www.reliancesmartmoney.com https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Reliance Securities vs Paytm Money on Research Reports, Tips

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

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

Compare Reliance Securities vs Paytm Money on Demat Account

Compare Reliance Securities with Paytm Money 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 Paytm Money 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 Paytm Money is ₹10 per ISIN.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 Paytm Money
  Reliance Securities Paytm Money
DP Source CDSL CDSL
DP ID Reliance Securities vs Paytm Money - DP ID 41400 12088800
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 ₹10 per ISIN
Demat ₹5 per certificate + ₹30 request charges ₹250 per 100 shares
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹250 per 100 shares
Pledge Creation 0.05% of transaction value (Min ₹30) ₹32 per ISIN
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹32 per ISIN
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹32 per ISIN
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs Paytm Money on Special Offers and Promotion

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

Compare Reliance Securities vs Paytm Money on Special Offers and Promotion
  Reliance Securities Paytm Money
Pay In and Pay Out Options Reliance Securities vs Paytm Money - 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Reliance Securities vs Paytm Money - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Reliance Securities vs Paytm Money - Bank Supported and Charges Info Not Available Paytm Money allows 190+ Banks.
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...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

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...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

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

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