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IIFL Securities Vs Reliance Securities Vs Geojit: Which one is better?

The brokerage of IIFL Securities 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%. All 3 brokers are full service brokers. Overall rating for IIFL Securities is 4, Reliance Securities is rated 3.5, Geojit is rated 4 out of 5.

Here we present side-by-side comparison of IIFL Securities 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 IIFL Securities 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 IIFL Securities vs Reliance Securities vs Geojit in this setion with 360 degree view of broker information.

Compare IIFL Securities vs Reliance Securities vs Geojit on Service

  IIFL Securities Compare
IIFL Securities
Reliance Securities Compare
Reliance Securities
Geojit Compare
Geojit
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Full Service Broker
Exchanges Supported BSE, NSE, MCX, NCDEX NSE, BSE BSE, NSE, MCX, NCDEX
Broker Overview IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,... Know more about IIFL Securities 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 IIFL Securities Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

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

In this section we have compared IIFL Securities vs Reliance Securities vs Geojit on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities and Geojit offer Free account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - IIFL Securities charges Rs 250 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 IIFL Securities vs Reliance Securities vs Geojit
Charges IIFL Securities 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 250 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 IIFL Securities vs Reliance Securities vs Geojit on Plan Options

Plans are the most important feature you look when compare IIFL Securities 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 IIFL Securities and Geojit doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.

Compare IIFL Securities vs Reliance Securities vs Geojit on Plan Options
Plan Types IIFL Securities 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

  IIFL Securities Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare IIFL Securities vs Reliance Securities vs Geojiton Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage 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 IIFL Securities vs Reliance Securities vs Geojit
Brokerage Charges Compare IIFL Securities Reliance Securities Geojit
Plan Name IIFL iSERVE Brokerage Plan R-FIXED Online Brokerage Plan (Percentage Based) Online Trading Plan (Percentage Based)
Equity Delivery Flat Rs 20 per order 0.50% 0.30% or 30 paisa
Equity Intraday Flat Rs 20 per order 0.05% 0.03% or 3 paisa
Equity Futures Flat Rs 20 per order 0.05% 0.01%
Equity Options Flat Rs 20 per order Rs 100 Per Lot Rs 50 Per Lot
Currency Futures Flat Rs 20 per order 0.05% 0.03% or 3 paisa
Currency Options Flat Rs 20 per order Rs 100 Per Lot Rs 50 Per Lot
Commodity Trading Flat Rs 20 per order 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 Info Not Available No
Funding Yes - 18% interest PA Yes - 18% interest PA Yes - 20% interest PA
Call & Trade Charges Rs 50 Per Call + GST Rs 20 per call (Free First 20 call per month) Free
Auto Square off Charges Rs 50 Per Call + GST Free First 20 call PM and Rs 20 their onwards. Free
Brokerage Calculator Brokerage Calculator for IIFL Securities Brokerage Calculator for Reliance Securities Brokerage Calculator for Geojit
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Share Broker's Transaction Charges

Compare IIFL Securities vs Reliance Securities vs Geojit on Transaction Charges

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

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

Compare IIFL Securities vs Reliance Securities vs Geojit on Account Features

Compare IIFL Securities 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 - All 3 brokers offers 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 - IIFL Securities vs Reliance Securities vs Geojit
Account Features Compare IIFL Securities Reliance Securities Geojit
3 in 1 Account No IIFL Securities have 2-in-1 account. Only Demate and Trading account. No IIFL Securities 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 IIFL Securities vs Reliance Securities vs Geojiton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities 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 IIFL Securities vs Reliance Securities vs Geojit
Trading Platform Compare IIFL Securities Reliance Securities Geojit
Desktop Trading Platform IIFL Trader terminal InstaXpress SELFIE Platinum
Desktop Demo Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

https://ttweb.indiainfoline.com

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

https://selfie.geojit.net/

Web Trading Demo Info Not Available Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App IIFL Markets TICK PRO SELFIE Geojit
Mobile Trading App Demo IIFL Markets Demo TICK PRO Demo SELFIE Geojit Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod IIFL Markets Download Andriod TICK PRO Download Andriod Download
iPhone Mobile App (IOS) Yes Yes No
iOS App Download iOS IIFL Markets 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 IIFL Securities Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Geojit
Futures Brokerage Calculator Futures Brokerage Calculator for IIFL Securities Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Geojit
Options Brokerage Calculator Options Brokerage Calculator for IIFL Securities Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Geojit
Detail Detail on Trading Platforms for iifl-securities Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for geojit

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Broker Ratings by Users

Compare IIFL Securities vs Reliance Securities vs Geojit on User Rating

  IIFL Securities Reliance Securities Geojit
  82 Customer Reviews    Rate IIFL Securities 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 IIFL Securities is Rated 2.8 / 5 based on 82 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 IIFL Securities vs Reliance Securities vs Geojit on Investment Offerings

Compare IIFL Securities 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) - All 3 brokers offers PMS facility. You can invest in stocks/equity/bonds using PMS.

Investment Offerings - Compare IIFL Securities vs Reliance Securities vs Geojit
Investment Offerings Compare IIFL Securities 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 No No No
Insurance Yes Yes Yes
Forex No No No
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes Yes
Other Investment Options NIL NIL Insurance
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Order Types

Compare IIFL Securities vs Reliance Securities vs Geojit on Order Types

Order Type - Compare IIFL Securities 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) - IIFL Securities and Reliance Securities provides Cover Orders (CO) facility where Geojit doesn't provides Cover Orders. Bracket Orders (BO) - Reliance Securities provides Bracket Orders (BO) facility where IIFL Securities and Geojit doesn't provides Bracket Orders. After-market Orders (AMO) - All 3 brokers offers AMO facility. The orders are send to exchange on the next trading day. GTC Orders - IIFL Securities and Geojit offers Good Till Cancelled (GTC) orders facility where Reliance Securities doesn't provides GTC.

Order Types - Compare IIFL Securities vs Reliance Securities vs Geojit
Order Type Compare IIFL Securities 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 No Yes No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled Yes No Yes
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Customer Service Offered

Compare IIFL Securities vs Reliance Securities vs Geojit on Customer Service

Compare IIFL Securities 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 IIFL Securities vs Reliance Securities vs Geojit
Customer Service Compare IIFL Securities Reliance Securities Geojit
24/7 Customer Service Yes No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes No
Phone Support Yes Yes Yes
Toll Free Number Yes Yes Yes
Through Branches Yes Yes Yes
Customer Care Number 022-40071000 022 41596000 | 022 62436000 1800-425-5501/1800-103-5501/91-484-2405822
Account Opening Process Online/Paperless Online/Paperless Offline
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx https://www.reliancesmartmoney.com/Insights https://insights.geojit.com/
Head Office Address IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23,
MIDC, Thane Industrial Area,
Wagle Estate, Thane-MH-400604
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://www.indiainfoline.com/ https://www.reliancesmartmoney.com https://www.geojit.com/
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Tips/Research/Reports Published

Compare IIFL Securities vs Reliance Securities vs Geojit on Research Reports, Tips

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

Research Reports - Compare IIFL Securities vs Reliance Securities vs Geojit
  IIFL Securities 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 IIFL Securities vs Reliance Securities vs Geojit on Demat Account

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

Demat Charges - Compare IIFL Securities vs Reliance Securities vs Geojit
  IIFL Securities Reliance Securities Geojit
DP Source CDSL CDSL CDSL
DP ID 44700 41400 48900
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹300 pa ₹600 pa
Advance Deposit Nil Nil NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 0.04% (Min ₹27) + CDSL charges 0.02% of transaction value (Max ₹40) + CDSL charges
Demat ₹15 per certificate + ₹40 courier charges ₹5 per certificate + ₹30 request charges ₹100 per demat request max 5 + ₹20 each additional certificate
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges ₹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 ₹50 0.05% of transaction value (Min ₹30) ₹50 per transaction
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Nil 0.05% of transaction value (Min ₹30) Nil
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30) Nil
Pledge Invocation Nil 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 IIFL Securities vs Reliance Securities vs Geojit on Special Offers and Promotion

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

Compare IIFL Securities vs Reliance Securities vs Geojit on Special Offers and Promotion
  IIFL Securities Reliance Securities Geojit
Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App.
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 Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. Info Not Available NA
Bank Detail India Infoline Ltd
Account No.:IILEQ1XXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0CMSNOC
RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
NA
Likes
  • Hassle-free onboarding process at zero paperwork.
  • Zero Demat AMC for 1 year.
  • Lowest brokerage online trading at just Rs. 20/order
  • Free state-of-the-art mobile app, web, and desktop trading software.
  • Paperless mutual fund investment at zero brokerage.
  • Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc.
  • Comprehensive equity and mutual funds research.
  • Pre-IPO apply
  • Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order.
  • Margin trading facility.
  • Blogs and knowledge center for beginners.

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
  • IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility.
  • If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading.

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 IIFL Securities Enquire for Reliance Securities Enquire for Geojit

Last Updated on 2023-09-14T04:42:55+00:00