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HDFC Sky Vs Reliance Securities Vs Geojit: Which one is better?

The brokerage of HDFC Sky ranges between Rs 20, the brokerage of Reliance Securities ranges between 0.05 - 0.50%, while the brokerage of Geojit ranges between .03 to .3%. The broker Reliance Securities and Geojit are a full service brokers where HDFC Sky is a discount broker. Overall rating for HDFC Sky is 4, Reliance Securities is rated 3.5, Geojit is rated 4 out of 5.

Here we present side-by-side comparison of HDFC Sky vs Reliance Securities vs Geojit stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared HDFC Sky vs Reliance Securities vs Geojit on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better HDFC Sky vs Reliance Securities vs Geojit in this setion with 360 degree view of broker information.

Compare HDFC Sky vs Reliance Securities vs Geojit on Service

  HDFC Sky Compare
HDFC Sky
Reliance Securities Compare
Reliance Securities
Geojit Compare
Geojit
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Discount Broker Full Service Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE BSE, NSE, MCX, NCDEX
Broker Overview HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi... Know more about HDFC Sky 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 Request call back from Zerodha
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Account Opening Charges and AMC

Compare HDFC Sky vs Reliance Securities vs Geojit on Trading & Demat Account Opening Charges

In this section we have compared HDFC Sky vs Reliance Securities vs Geojit on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Sky and Geojit offer Free account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - HDFC Sky charges Rs 240 PA (Free for 1st year) as AMC for Demat account, 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 HDFC Sky vs Reliance Securities vs Geojit
Charges HDFC Sky Reliance Securities Geojit
Trading Account Opening Fees Free Rs 950 Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 240 PA (Free for 1st year) Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Rs 700 PA
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs Reliance Securities vs Geojit on Plan Options

Plans are the most important feature you look when compare HDFC Sky vs Reliance Securities vs Geojit. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Reliance Securities offers Multiple Plans where HDFC Sky and Geojit doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare HDFC Sky vs Reliance Securities vs Geojit on Plan Options
Plan Types HDFC Sky Reliance Securities Geojit
Multiple Plans No Yes No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare HDFC Sky vs Reliance Securities vs Geojiton Brokerage Charges

HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.

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 HDFC Sky vs Reliance Securities vs Geojit
Brokerage Charges Compare HDFC Sky Reliance Securities Geojit
Plan Name Fixed pricing model R-FIXED Online Brokerage Plan (Percentage Based) Online Trading Plan (Percentage Based)
Equity Delivery 0.1% or Rs 20 whichever is lower 0.50% 0.30% or 30 paisa
Equity Intraday 0.1% or Rs 20 whichever is lower 0.05% 0.03% or 3 paisa
Equity Futures 0.1% or Rs 20 whichever is lower 0.05% 0.01%
Equity Options Flat Fee Rs 20 Rs 100 Per Lot Rs 50 Per Lot
Currency Futures 0.1% or Rs 20 whichever is lower 0.05% 0.03% or 3 paisa
Currency Options Flat Fee Rs 20 Rs 100 Per Lot Rs 50 Per Lot
Commodity Trading Flat Fee Rs 20 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 No
Funding Yes - 12% interest PA Yes - 18% interest PA Yes - 20% interest PA
Call & Trade Charges Rs 20 per call Rs 20 per call (Free First 20 call per month) Free
Auto Square off Charges 0.1% or Rs 20 whichever is lower Free First 20 call PM and Rs 20 their onwards. Free
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Reliance Securities Brokerage Calculator for Geojit
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Share Broker's Transaction Charges

Compare HDFC Sky vs Reliance Securities vs Geojit on Transaction Charges

Compare HDFC Sky vs Reliance Securities vs Geojit on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky vs Reliance Securities vs Geojit
Transaction Charges Compare HDFC Sky Reliance Securities Geojit
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr 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 NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE 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 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 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 NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA 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 hdfc-sky Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for geojit
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Account Features

Compare HDFC Sky vs Reliance Securities vs Geojit on Account Features

Compare HDFC Sky vs Reliance Securities vs Geojit on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky offers 3-in-1 Account where Reliance Securities and Geojit offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - All 3 brokers offers NRI Trading.

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

Compare HDFC Sky vs Reliance Securities vs Geojiton Trading Platform

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

Trading Platform - Compare HDFC Sky vs Reliance Securities vs Geojit
Trading Platform Compare HDFC Sky Reliance Securities Geojit
Desktop Trading Platform HDFC Sky InstaXpress SELFIE Platinum
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) No Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://hdfcsky.com/

http://tick.rsec.co.in/

https://selfie.geojit.net/

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App HDFC Sky App TICK PRO SELFIE Geojit
Mobile Trading App Demo HDFC Sky App Demo TICK PRO Demo SELFIE Geojit Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod TICK PRO Download Andriod Download
iPhone Mobile App (IOS) No Yes No
iOS App Download iOS HDFC Sky App Download iOS TICK PRO Download iOS SELFIE Geojit Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes No
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Geojit
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Geojit
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Geojit
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for geojit

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Broker Ratings by Users

Compare HDFC Sky vs Reliance Securities vs Geojit on User Rating

  HDFC Sky Reliance Securities Geojit
  97 Customer Reviews    Rate HDFC Sky 52 Customer Reviews    Rate Reliance Securities 79 Customer Reviews    Rate Geojit
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews 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 HDFC Sky vs Reliance Securities vs Geojit on Investment Offerings

Compare HDFC Sky vs Reliance Securities vs 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 - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - All 3 brokers offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Reliance Securities and Geojit offers PMS facility where HDFC Sky doesn't offers PMS facility.

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

Compare HDFC Sky vs Reliance Securities vs Geojit on Order Types

Order Type - Compare HDFC Sky vs Reliance Securities vs Geojit on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - HDFC Sky and Reliance Securities provides Cover Orders (CO) facility where Geojit doesn't provides Cover Orders. Bracket Orders (BO) - HDFC Sky and Reliance Securities provides Bracket Orders (BO) facility where Geojit doesn't provides Bracket Orders. After Market Orders (AMO) - Reliance Securities and Geojit AMO facility where HDFC Sky doesn't provides AMO. GTC Orders - HDFC Sky and Geojit offers Good Till Cancelled (GTC) orders facility where Reliance Securities doesn't provides GTC.

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

Compare HDFC Sky vs Reliance Securities vs Geojit on Customer Service

Compare HDFC Sky vs Reliance Securities vs Geojit on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare HDFC Sky vs Reliance Securities vs Geojit
Customer Service Compare HDFC Sky Reliance Securities Geojit
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat No Yes No
Phone Support Yes Yes Yes
Toll Free Number No Yes Yes
Through Branches Yes Yes Yes
Customer Care Number 1800 121 2109 022 41596000 | 022 62436000 1800-425-5501/1800-103-5501/91-484-2405822
Account Opening Process Online Online/Paperless Offline
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://hdfcsky.com/learn https://www.reliancesmartmoney.com/Insights https://insights.geojit.com/
Head Office Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
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 https://hdfcsky.com/ https://www.reliancesmartmoney.com https://www.geojit.com/
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Tips/Research/Reports Published

Compare HDFC Sky vs Reliance Securities vs Geojit on Research Reports, Tips

Compare HDFC Sky vs Reliance Securities vs Geojit on research reports and tips provided by broker.

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

Compare HDFC Sky vs Reliance Securities vs Geojit on Demat Account

Compare HDFC Sky vs Reliance Securities vs Geojit on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare HDFC Sky vs Reliance Securities vs Geojit
  HDFC Sky Reliance Securities Geojit
DP Source CDSL CDSL CDSL
DP ID CDSL: 1209 41400 48900
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹300 pa ₹600 pa
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Nil NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges 0.04% (Min ₹27) + CDSL charges 0.02% of transaction value (Max ₹40) + CDSL charges
Demat ₹5 per certificate + ₹35 request charges ₹5 per certificate + ₹30 request charges ₹100 per demat request max 5 + ₹20 each additional certificate
Remat ₹30 ₹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 Nil 0.05% of transaction value (Min ₹30) ₹50 per transaction
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Nil 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) 0.05% of transaction value (Min ₹30) ₹50 per transaction
Failed Instruction Charges Nil Nil Nil
Other Charges Nil Nil Nil
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Reliance Securities vs Geojit on Special Offers and Promotion

Compare HDFC Sky vs Reliance Securities vs Geojit on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.

Compare HDFC Sky vs Reliance Securities vs Geojit on Special Offers and Promotion
  HDFC Sky Reliance Securities Geojit
Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
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 Instant to HDFC Bank. Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Info Not Available Info Not Available NA
Bank Detail Direct from your HDFC bank account. RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
NA
Likes

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • No hidden charges

Detail Review...

  • 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
  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

Detail Review...

  • 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
Enquire for HDFC Sky Enquire for Reliance Securities Enquire for Geojit

Last Updated on 2023-11-09T03:39:28+00:00