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Reliance Securities Vs SBICAP Securities: 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 ranges between 0.05 - 0.50% while the brokerage of SBICAP Securities ranges between .05 to 0.50%. Both the brokers are Full Service brokers. Reliance Securities is having overall lower rating compare to SBICAP Securities. Reliance Securities is rated only 3.5 out of 5 where SBICAP Securities is rated 4 out of 5. Number of active customer for SBICAP Securities is 7,57,635 where number of active customer for Reliance Securities is 76,161. SBICAP Securities is serving more customer compare to Reliance Securities.

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

  Reliance Securities Compare
Reliance Securities
SBICAP Securities Compare
SBICAP Securities
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
Active Clients 76,161 7,57,635
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 Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ...Know more about SBICAP Securities
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 SBICAP Securities on Trading & Demat Account Opening Charges

Comparison of Reliance Securities with SBICAP Securities on trading & demat account opening charges and AMC. Trading account opening charges - Reliance Securities charges Rs 950 for account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account where SBICAP Securities charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities with SBICAP Securities
Charges Reliance Securities SBICAP Securities
Trading Account Opening Fees Rs 950 Rs 850
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Reliance Securities vs SBICAP Securities on Plan Options

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

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

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

Brokerage Charges - Compare Reliance Securities with SBICAP Securities
Brokerage Charges Compare Reliance Securities SBICAP Securities
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Standard or default brokerage plan
Equity Delivery 0.50% 0.50%
Equity Intraday 0.05% 0.05%
Equity Futures 0.05% 0.05%
Equity Options Rs 100 Per Lot Rs 100 Per Lot
Currency Futures 0.05% 0.03%
Currency Options Rs 100 Per Lot Rs 30 Per Lot
Commodity Trading Future: 0.05%| Options: Rs 100 per lot Rs. 100 per lot
Minimum Brokerage 5 paise per share Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Yes - 24% interest PA
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call.
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. First Free 30 per month, after Rs 10 per square-off
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for SBICAP Securities
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Share Broker's Transaction Charges

Compare Reliance Securities vs SBICAP Securities on Transaction Charges

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

Transaction Charges - Compare Reliance Securities with SBICAP Securities
Transaction Charges Compare Reliance Securities SBICAP Securities
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 sbicap-securities
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Account Features

Compare Reliance Securities vs SBICAP Securities on Account Features

Compare Reliance Securities with SBICAP Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where Reliance Securities offers only 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 SBICAP Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Reliance Securities with SBICAP Securities
Account Features Compare Reliance Securities SBICAP Securities
3 in 1 Account No Reliance Securities have 2-in-1 account. Only Demate and Trading account. Yes, Reliance Securities have 3-in-1 accounts. Bank Account, Demat 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 No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features Mobile Application: Rmobile Xpress Trading software terminal: ODIN Diet
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Trading Platform

Compare Reliance Securities vs SBICAP Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities and SBICAP Securities. 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 SBICAP Securities
Trading Platform Compare Reliance Securities SBICAP Securities
Desktop Trading Platform InstaXpress SBISMART XPRESS - NextTrader
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://login1.sbismart.com/nidp/app/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App TICK PRO SBISMART
Mobile Trading App Demo TICK PRO Demo SBISMART Demo
Android Mobile App Yes Yes
Android App Download Andriod TICK PRO Download Andriod SBISMART Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS TICK PRO Download iOS SBISMART 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 SBICAP Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for SBICAP Securities
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for SBICAP Securities
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for sbicap-securities

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Broker Ratings by Users

Compare Reliance Securities vs SBICAP Securities on User Rating

  Reliance Securities SBICAP Securities
  52 Customer Reviews    Rate Reliance Securities 78 Customer Reviews    Rate SBICAP Securities
Fees Ratings 3.5 3.3
Trading Brokerage Rating 3.4 3.1
Trading Platform Usability 3.3 2.8
Customer Service Ratings 3.4 2.7
Overall Ratings 3.4 2.7
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews
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Investment Offerings

Compare Reliance Securities vs SBICAP Securities on Investment Offerings

Compare Reliance Securities with SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities doesn't offer

Investment Offerings - Compare Reliance Securities with SBICAP Securities
Investment Offerings Compare Reliance Securities SBICAP Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No Yes
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 SBICAP Securities on Order Types

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

Order Types - Compare Reliance Securities with SBICAP Securities
Order Type Compare Reliance Securities SBICAP Securities
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 SBICAP Securities on Customer Service

Compare Reliance Securities with SBICAP Securities 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 SBICAP Securities
Customer Service Compare Reliance Securities SBICAP Securities
24/7 Customer Service Reliance Securities vs SBICAP Securities - 24x7 customer support No No
Email Support Reliance Securities vs SBICAP Securities - Email Support Yes Yes
Onine Live Chat Reliance Securities vs SBICAP Securities - Onine Live Chat Yes No
Phone Support Reliance Securities vs SBICAP Securities - Phone Support Yes Yes
Toll Free Number Reliance Securities vs SBICAP Securities - Toll Free Number Yes Yes
Through Branches Reliance Securities vs SBICAP Securities - Through Branches Yes Yes
Customer Care Number Reliance Securities vs SBICAP Securities - Customer Care Number 022 41596000 | 022 62436000 022 6854 5555
Account Opening Process Reliance Securities vs SBICAP Securities - Account Opening Process Online/Paperless Offline
Customer Support Email Reliance Securities vs SBICAP Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities vs SBICAP Securities - Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://www.sbismart.com/education
Head Office Address Reliance Securities vs SBICAP Securities - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Website Reliance Securities vs SBICAP Securities - Company Website https://www.reliancesmartmoney.com https://www.sbismart.com
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Tips/Research/Reports Published

Compare Reliance Securities vs SBICAP Securities on Research Reports, Tips

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

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

Compare Reliance Securities vs SBICAP Securities on Demat Account

Compare Reliance Securities with SBICAP Securities 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 SBICAP Securities is ₹500 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 SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300).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 SBICAP Securities
  Reliance Securities SBICAP Securities
DP Source CDSL CDSL
DP ID Reliance Securities vs SBICAP Securities - DP ID 41400 19300
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹500
Advance Deposit Nil 0 for all
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.01% of the transaction value (Min ₹21 and Max ₹300)
Demat ₹5 per certificate + ₹30 request charges ₹5 per certificate + ₹35 courier charges
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹35 per certificate + CDSL Charges
Pledge Creation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Failed Instruction Charges Nil ₹10
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs SBICAP Securities on Special Offers and Promotion

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

Compare Reliance Securities vs SBICAP Securities on Special Offers and Promotion
  Reliance Securities SBICAP Securities
Pay In and Pay Out Options Reliance Securities vs SBICAP Securities - 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 SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Reliance Securities vs SBICAP Securities - Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Reliance Securities vs SBICAP Securities - Bank Supported and Charges Info Not Available Direct to SBI Bank.
Bank Detail RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Direct to SBI bank account
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 on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) 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...

  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

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

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