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Reliance Securities Vs Religare Broking: Which one is better?

Both the brokers are registered with SEBI. Reliance Securities offers investmenet in Equity, F&O and Currency only, where Religare Broking offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Reliance Securities ranges between 0.05 - 0.50% while the brokerage of Religare Broking ranges between 0.05 to 0.50%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5. Number of active customer for Religare Broking is 1,40,818 where number of active customer for Reliance Securities is 74,804. Religare Broking is serving more customer compare to Reliance Securities.

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

  Reliance Securities Compare
Reliance Securities
Religare Broking Compare
Religare Broking
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 NSE, BSE, MCX
Active Clients 74,804 1,40,818
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 free Religare Demat & Trading Account, and trade via user-friendly platforms; Dynami App and Religare Online website. Also invest in the SmartInvest portfolio management services, US stocks, and get experts trading tips, investment ideas, an...Know more about Religare Broking
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 Religare Broking on Trading & Demat Account Opening Charges

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

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

Compare Reliance Securities vs Religare Broking on Plan Options

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

Compare Reliance Securities with Religare Broking on Plan Options
Plan Types Reliance Securities Religare Broking
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 Religare Broking 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.

Religare Broking Brokerage Plan detail - Religare One is a standard brokerage plan that charges a fixed percentage of brokerage from clients. The plan also provides a 3-month free subscription to the fair deal plan that charges Rs. 0 brokerages on non-profitable trades and options trading at just Rs. 5 per lot.

Brokerage Charges - Compare Reliance Securities with Religare Broking
Brokerage Charges Compare Reliance Securities Religare Broking
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Religare One Brokerage Plan (Percentage Based)
Equity Delivery 0.50% 0.50% to 0.10%
Equity Intraday 0.05% 0.05% to 0.01%
Equity Futures 0.05% 0.05% or 5 paisa
Equity Options Rs 100 Per Lot Rs 70 Per Lot
Currency Futures 0.05% 0.05% or 5 paisa
Currency Options Rs 100 Per Lot Rs 30 Per Lot
Commodity Trading Future: 0.05%| Options: Rs 100 per lot Futures: 0.05%| Options: Rs 30 per lot
Minimum Brokerage 5 paise per share 1p per share
Hidden Charges No Yes
Funding Yes - 18% interest PA Yes - 21% interest PA
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Rs 10 per order, Max rs 50 per segment per day
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Rs 10 per order, Max rs 50 per segment per day
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Religare Broking
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Share Broker's Transaction Charges

Compare Reliance Securities vs Religare Broking on Transaction Charges

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

Transaction Charges - Compare Reliance Securities with Religare Broking
Transaction Charges Compare Reliance Securities Religare Broking
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 religare-broking
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Account Features

Compare Reliance Securities vs Religare Broking on Account Features

Compare Reliance Securities with Religare Broking 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 Religare Broking doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Reliance Securities with Religare Broking
Account Features Compare Reliance Securities Religare Broking
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 No
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 Religare Broking on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities and Religare Broking. 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 Religare Broking
Trading Platform Compare Reliance Securities Religare Broking
Desktop Trading Platform InstaXpress OdinDiet and Power FnO
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://secure.religareonline.com/Login.aspx
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App TICK PRO Religare Dynami
Mobile Trading App Demo TICK PRO Demo Religare Dynami Demo
Android Mobile App Yes Yes
Android App Download Andriod TICK PRO Download Andriod Religare Dynami Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS TICK PRO Download iOS Religare Dynami 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 Religare Broking
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Religare Broking
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Religare Broking
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for religare-broking

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Broker Ratings by Users

Compare Reliance Securities vs Religare Broking on User Rating

  Reliance Securities Religare Broking
  52 Customer Reviews    Rate Reliance Securities 56 Customer Reviews    Rate Religare Broking
Fees Ratings 3.5 3.2
Trading Brokerage Rating 3.4 3.2
Trading Platform Usability 3.3 3.0
Customer Service Ratings 3.4 2.9
Overall Ratings 3.4 2.9
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews Religare Broking is Rated 2.9 / 5 based on 56 customer reviews
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Investment Offerings

Compare Reliance Securities vs Religare Broking on Investment Offerings

Compare Reliance Securities with Religare Broking 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) - Reliance Securities provide PMS Service where Religare Broking doesn't offer

Investment Offerings - Compare Reliance Securities with Religare Broking
Investment Offerings Compare Reliance Securities Religare Broking
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 No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Reliance Securities vs Religare Broking on Order Types

Order Type - Compare Reliance Securities with Religare Broking 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) - Reliance Securities provide Bracket Orders (BO) where Religare Broking 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- Religare Broking offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Reliance Securities with Religare Broking
Order Type Compare Reliance Securities Religare Broking
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
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 Religare Broking on Customer Service

Compare Reliance Securities with Religare Broking 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 Religare Broking
Customer Service Compare Reliance Securities Religare Broking
24/7 Customer Service Reliance Securities vs Religare Broking - 24x7 customer support No No
Email Support Reliance Securities vs Religare Broking - Email Support Yes Yes
Onine Live Chat Reliance Securities vs Religare Broking - Onine Live Chat Yes No
Phone Support Reliance Securities vs Religare Broking - Phone Support Yes Yes
Toll Free Number Reliance Securities vs Religare Broking - Toll Free Number Yes No
Through Branches Reliance Securities vs Religare Broking - Through Branches Yes Yes
Customer Care Number Reliance Securities vs Religare Broking - Customer Care Number 022 41596000 | 022 62436000 1860-25-88888
Account Opening Process Reliance Securities vs Religare Broking - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Reliance Securities vs Religare Broking - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities vs Religare Broking - Knowledge Center/Education https://www.reliancesmartmoney.com/Insights Not available
Head Office Address Reliance Securities vs Religare Broking - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Website Reliance Securities vs Religare Broking - Company Website https://www.reliancesmartmoney.com http://www.religareonline.com
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Tips/Research/Reports Published

Compare Reliance Securities vs Religare Broking on Research Reports, Tips

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

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

Compare Reliance Securities vs Religare Broking on Demat Account

Compare Reliance Securities with Religare Broking 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 Religare Broking is ₹400 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 Religare Broking is ₹12.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 Religare Broking
  Reliance Securities Religare Broking
DP Source CDSL CDSL
DP ID Reliance Securities vs Religare Broking - DP ID 41400 30200
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹400 pa
Advance Deposit Nil Rs. 500/-
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹12
Demat ₹5 per certificate + ₹30 request charges ₹5 per certificate + ₹30 courier charges
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹20 per certificate + ₹30 courier charges + CDSL Charges
Pledge Creation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or ₹50 whichever is higher
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or ₹50 whichever is higher
Pledge Closure 0.05% of transaction value (Min ₹30) 0.02% of transaction value or ₹50 whichever is higher
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or ₹50 whichever is higher
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or ₹50 whichever is higher
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs Religare Broking on Special Offers and Promotion

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

Compare Reliance Securities vs Religare Broking on Special Offers and Promotion
  Reliance Securities Religare Broking
Pay In and Pay Out Options Reliance Securities vs Religare Broking - 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 Religare Mobile, Rligare Desktop and Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Reliance Securities vs Religare Broking - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Reliance Securities vs Religare Broking - Bank Supported and Charges Info Not Available 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
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...

  • Invest in a bouquet of products.
  • Multiple brokerage plans.
  • Zero account opening charges.
  • Zero AMC for the first year.
  • State-of-the-art platforms with charting and other features.
  • Best-in-class research services from experts.
  • Dynami Wrap app, a free mutual fund investment
  • Fair Deal plan: Zero brokerage on loss-making trades for 3 months.
  • Dedicated relationship manager.
  • Margin trading.

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...

  • Minimum brokerage charges is levied.
  • Non-transparent brokerage structure.
  • Religare does not have a flat discount brokerage plan.
  • ODIN Diet is a paid platform.

Detail Review...

Special Offers/Promo - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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