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The brokerage of Reliance Securities ranges between 0.05 - 0.50%, the brokerage of Finvasia ranges between Rs 0, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Reliance Securities and AxisDirect are full service brokers where Finvasia is a discount broker. Overall rating for Reliance Securities is 3.5, Finvasia is rated 4, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of Reliance Securities vs Finvasia vs AxisDirect stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared Reliance Securities vs Finvasia vs AxisDirect 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 Reliance Securities vs Finvasia vs AxisDirect in this setion with 360 degree view of broker information.
 Reliance Securities |
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| Broker Type | Full Service Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | NSE, BSE | BSE, NSE, MCX, NCDEX | NSE, BSE |
| 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 & ...  |
Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... |
Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis... |
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In this section we have compared Reliance Securities vs Finvasia vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Reliance Securities charges Rs 950 for account opening, Finvasia charges Free for account opeing, and AxisDirect charges Rs 999 for account opeing. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) as AMC for Demat account, Finvasia charges Free AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
| Charges | Reliance Securities | Finvasia | AxisDirect |
|---|---|---|---|
| Trading Account Opening Fees | Rs 950 | Free | Rs 999 |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) | Free | Rs 750 PA (Free for 1st year) |
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Plans are the most important feature you look when compare Reliance Securities vs Finvasia vs AxisDirect. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Reliance Securities and AxisDirect offers Multiple Plans where Finvasia doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Reliance Securities | Finvasia | AxisDirect |
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| Zerodha | Zerodha | Zerodha | |
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| Account Opening Request |
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.
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.
AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.
| Brokerage Charges Compare | Reliance Securities | Finvasia | AxisDirect |
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| Plan Name | R-FIXED Online Brokerage Plan (Percentage Based) | Zero Brokerage Trading Plan | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | 0.50% | Rs 0 | 0.50% (Each leg) |
| Equity Intraday | 0.05% | Rs 0 | 0.05% (Each leg) |
| Equity Futures | 0.05% | Rs 0 | 0.05% (Each leg) |
| Equity Options | Rs 100 Per Lot | Rs 0 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | 0.05% | Rs 0 | 0.05% (Each Leg) |
| Currency Options | Rs 100 Per Lot | Rs 0 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | Future: 0.05%| Options: Rs 100 per lot | Rs 0 | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | 5 paise per share | NA | |
| Hidden Charges | No | No | |
| Funding | Yes - 18% interest PA | Yes, 24% interest PA | Yes - 18% interest PA |
| Call & Trade Charges | Rs 20 per call (Free First 20 call per month) | Free | Free 20 calls per month, and after Rs. 20 per order |
| Auto Square off Charges | Free First 20 call PM and Rs 20 their onwards. | Free | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Reliance Securities | Brokerage Calculator for Finvasia | Brokerage Calculator for AxisDirect |
Compare Reliance Securities vs Finvasia vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Reliance Securities | Finvasia | AxisDirect |
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| 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 | |
| Brokerage Charges | Complete Brokerage Plans for reliance-securities | Complete Brokerage Plans for finvasia | Complete Brokerage Plans for axisdirect |
Compare Reliance Securities vs Finvasia vs AxisDirect on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 Account where Reliance Securities and Finvasia offers only 2-in-1 account which includes trading and demat account. Margin Funding - Reliance Securities and AxisDirect offers margin funding where Finvasia doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | Reliance Securities | Finvasia | AxisDirect |
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| 3 in 1 Account | |
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| Charting | |
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| SMS Alerts | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:15PM | 3:15 PM | 2:45 PM |
| NRI Trading | |
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| Other Features | Mobile Application: Rmobile Xpress | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities vs Finvasia vs AxisDirect. 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 | Reliance Securities | Finvasia | AxisDirect |
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| Desktop Trading Platform | InstaXpress | OMNESYS NEST | Ring |
| Desktop Demo | Desktop Demo | Info Not Available | Desktop Demo |
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| Web Trading Platform | |
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| Web Trading Detail |
http://tick.rsec.co.in/ |
https://trade.finvasia.com/ |
https://login.axisdirect.in/ |
| Web Trading Demo | Web Trading Demo | Info Not Available | Web Trading Demo |
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| Mobile Trading App | TICK PRO | SCALPERT | AxisDirect Ring Mobile App |
| Mobile Trading App Demo | TICK PRO Demo | SCALPERT Demo | AxisDirect Ring Mobile App Demo |
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| Android App Download | Andriod TICK PRO Download | Andriod SCALPERT Download | Andriod Download |
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| iOS App Download | iOS TICK PRO Download | Info Not Available | iOS AxisDirect Ring Mobile App Download |
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| Trading Software Charges | Free | Basic platforms are free, advance platforms are chargeable. | Yes, DirectTrade - Rs 2999 PA |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Reliance Securities | Equity Intraday and Delivery Brokerage Calculator for Finvasia | Equity Intraday and Delivery Brokerage Calculator for AxisDirect |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Reliance Securities | Futures Brokerage Calculator for Finvasia | Futures Brokerage Calculator for AxisDirect |
| Options Brokerage Calculator | Options Brokerage Calculator for Reliance Securities | Options Brokerage Calculator for Finvasia | Options Brokerage Calculator for AxisDirect |
| Detail | Detail on Trading Platforms for reliance-securities | Detail on Trading Platforms for finvasia | Detail on Trading Platforms for axisdirect |
| Reliance Securities | Finvasia | AxisDirect | ||
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52 Customer Reviews
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17 Customer Reviews
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6 Customer Reviews
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| Fees Ratings | ||||
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| Trading Platform Usability | ||||
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| Overall Ratings | ||||
| Broker Rating | Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews | Finvasia is Rated 4.2 / 5 based on 17 customer reviews | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare Reliance Securities vs Finvasia vs AxisDirect 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 offers PMS facility where Finvasia and AxisDirect doesn't offers PMS facility.
| Investment Offerings Compare | Reliance Securities | Finvasia | AxisDirect |
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| Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Reliance Securities vs Finvasia vs AxisDirect 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) - All 3 brokers offers provides Cover Orders (CO) facility. You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Reliance Securities and Finvasia provides Bracket Orders (BO) facility where AxisDirect 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 - AxisDirect offers Good Till Cancelled (GTC) orders facility where Reliance Securities and Finvasia doesn't provides GTC.
| Order Type Compare | Reliance Securities | Finvasia | AxisDirect |
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| CNC order | |
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Compare Reliance Securities vs Finvasia vs AxisDirect 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 Service Compare | Reliance Securities | Finvasia | AxisDirect |
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| 24/7 Customer Service | |
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| Customer Care Number | 022 41596000 | 022 62436000 | Support: +91 9779 097 777/Sales: +91 9098 001 001 | 022-61480808 |
| Account Opening Process | Online/Paperless | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected]/[email protected] | [email protected] |
| Knowledge Center/Education | https://www.reliancesmartmoney.com/Insights | https://finvasia.com/announcements | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055 |
Finvasia Securities Pvt Ltd Plot #10, Netsmatrz House (Level 3), Rajiv Gandhi Chd. Tech Park, Chandigarh -160101 |
Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website | https://www.reliancesmartmoney.com | https://www.finvasia.com/ | https://simplehai.axisdirect.in |
Compare Reliance Securities vs Finvasia vs AxisDirect on research reports and tips provided by broker.
| Reliance Securities | Finvasia | AxisDirect | |
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| Research Mutual Funds | |
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| Research Equity Reports | |
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| Research ETF | |
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| Daily Market Report | |
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Compare Reliance Securities vs Finvasia vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Reliance Securities | Finvasia | AxisDirect | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 41400 | 84300 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Free | ₹500 pa |
| Advance Deposit | Nil | Rs 0 | Nil |
| Statutory charges | Nil | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹27) + CDSL charges | ₹9 + ₹5.50 (CDSL Charges) for every transaction | ₹10 |
| Demat | ₹5 per certificate + ₹30 request charges | ₹15 per certificate | ₹3 per certificate |
| Remat | ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges | ₹15 for every hundred securities + CDSL Charges | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | 0.05% of transaction value (Min ₹30) | ₹25 per transaction | ₹25 |
| Pledge Creation Confirmation | 0.05% of transaction value (Min ₹30) | NIL | ₹25 |
| Pledge Closure | 0.05% of transaction value (Min ₹30) | ₹25 per transaction | ₹25 |
| Pledge Closure Confirmation | 0.05% of transaction value (Min ₹30) | NIL | ₹25 |
| Pledge Invocation | 0.05% of transaction value (Min ₹30) | ₹19 per transaction | Nil |
| Failed Instruction Charges | Nil | ₹49 | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Reliance Securities vs Finvasia vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Reliance Securities | Finvasia | AxisDirect | |
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| 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 with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software. Pay-out / Withdrawal Fund through bank transfer only. |
Pay-in/adding funds - Cheque, Online Bank Transfer from Axis Bank. Pay-out/Fund Withdrawal - Bank Transfer only. |
| Payout Time | Max 24 hrs except bank holidays | Up to 24 hrs except for bank holidays. | Instant to Axis Bank. |
| Bank Supported and Charges | Info Not Available | Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. | NA |
| Bank Detail | RELIANCE SECURITIES LTD Account No.:9500XXXXXXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001 |
FINVASIA SECURITIES PVT LTD, Account Number:08730340000255 Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh Account Type: Current Account IFSC Code:HDFC0000873 |
Direct from your Axis bank account. |
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No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;
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Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;
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| Special Offers/Promo | Free Account Opening+Free Demat AMC+Free Trading. | Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | |
| Enquire for Reliance Securities | Enquire for Finvasia | Enquire for AxisDirect |
Last Updated on 2023-09-13T01:50:30+00:00
