FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Reliance Securities Vs Geojit Vs Nuvama Wealth: Which one is better?

The brokerage of Reliance Securities ranges between 0.05 - 0.50%, the brokerage of Geojit ranges between .03 to .3%, while the brokerage of Nuvama Wealth ranges between Rs 10. The broker Reliance Securities and Geojit are full service brokers where Nuvama Wealth is a discount broker. Overall rating for Reliance Securities is 3.5, Geojit is rated 4, Nuvama Wealth is rated 3.5 out of 5.

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

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Service

  Reliance Securities Compare
Reliance Securities
Geojit Compare
Geojit
Nuvama Wealth Compare
Nuvama Wealth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Discount Broker
Exchanges Supported NSE, BSE BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
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 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 One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i... Know more about Nuvama Wealth
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Nuvama Wealth
Expand

Account Opening Charges and AMC

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

In this section we have compared Reliance Securities vs Geojit vs Nuvama Wealth on trading & demat account opening charges and AMC. Trading account opening charges - Geojit and Nuvama Wealth offer Free account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) as AMC for Demat account, Geojit charges Rs 700 PA AMC for Demat account, where Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities vs Geojit vs Nuvama Wealth
Charges Reliance Securities Geojit Nuvama Wealth
Trading Account Opening Fees Rs 950 Free Free
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Free
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Rs 700 PA Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year]
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Plan Options

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

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Plan Options
Plan Types Reliance Securities Geojit Nuvama Wealth
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha Nuvama Wealth
Account Opening Request
Expand

Brokerage Charges

Compare Reliance Securities vs Geojit vs Nuvama Wealthon 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.

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.

Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.

Brokerage Charges - Compare Reliance Securities vs Geojit vs Nuvama Wealth
Brokerage Charges Compare Reliance Securities Geojit Nuvama Wealth
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Online Trading Plan (Percentage Based) Nuvama Lite
Equity Delivery 0.50% 0.30% or 30 paisa Flat Rs. 10 per executed order
Equity Intraday 0.05% 0.03% or 3 paisa Flat Rs. 10 per executed order
Equity Futures 0.05% 0.01% Flat Rs. 10 per executed order
Equity Options Rs 100 Per Lot Rs 50 Per Lot Flat Rs. 10 per executed order
Currency Futures 0.05% 0.03% or 3 paisa Flat Rs. 10 per executed order
Currency Options Rs 100 Per Lot Rs 50 Per Lot Flat Rs. 10 per executed order
Commodity Trading Future: 0.05%| Options: Rs 100 per lot 0.05% (Buy and sell)| Options: Rs. 150/lot| Option 0.01%
Minimum Brokerage 5 paise per share 1p per share or Rs 20/contract whichever is higher
Hidden Charges No Info Not Available
Funding Yes - 18% interest PA Yes - 20% interest PA Yes - 24% interest PA
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Free Rs 20 per call
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Free Rs 20
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Geojit Brokerage Calculator for Nuvama Wealth
Expand

Share Broker's Transaction Charges

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Transaction Charges

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

Transaction Charges - Compare Reliance Securities vs Geojit vs Nuvama Wealth
Transaction Charges Compare Reliance Securities Geojit Nuvama Wealth
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 reliance-securities Complete Brokerage Plans for geojit Complete Brokerage Plans for nuvama-wealth
Expand

Account Features

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Account Features

Compare Reliance Securities vs Geojit vs Nuvama Wealth 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 - Reliance Securities vs Geojit vs Nuvama Wealth
Account Features Compare Reliance Securities Geojit Nuvama Wealth
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. No Nuvama Wealth have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No No Yes
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 No
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes Yes Yes
Other Features Mobile Application: Rmobile Xpress NIL NIL
Expand

Trading Platform

Compare Reliance Securities vs Geojit vs Nuvama Wealthon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities vs Geojit vs Nuvama Wealth. 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 vs Geojit vs Nuvama Wealth
Trading Platform Compare Reliance Securities Geojit Nuvama Wealth
Desktop Trading Platform InstaXpress SELFIE Platinum Xtreme Trader
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

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

https://selfie.geojit.net/

https://tlounge.edelweiss.in/Login

Web Trading Demo Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App TICK PRO SELFIE Geojit Nuvama Mobile Trader
Mobile Trading App Demo TICK PRO Demo SELFIE Geojit Demo Nuvama Mobile Trader Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod TICK PRO Download Andriod SELFIE Geojit Download Andriod Download
iPhone Mobile App (IOS) Yes No Yes
iOS App Download iOS TICK PRO Download iOS SELFIE Geojit Download iOS Nuvama Mobile Trader Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes No Yes
Trading Software Charges Free Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Nuvama Wealth
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Nuvama Wealth
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Geojit Options Brokerage Calculator for Nuvama Wealth
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for geojit Detail on Trading Platforms for nuvama-wealth

Expand

Broker Ratings by Users

Compare Reliance Securities vs Geojit vs Nuvama Wealth on User Rating

  Reliance Securities Geojit Nuvama Wealth
  52 Customer Reviews    Rate Reliance Securities 79 Customer Reviews    Rate Geojit 4 Customer Reviews    Rate Nuvama Wealth
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews Geojit is Rated 3.7 / 5 based on 79 customer reviews Nuvama Wealth is Rated 2.0 / 5 based on 4 customer reviews
Expand

Investment Offerings

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Investment Offerings

Compare Reliance Securities vs Geojit vs Nuvama Wealth 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 Reliance Securities vs Geojit vs Nuvama Wealth
Investment Offerings Compare Reliance Securities Geojit Nuvama Wealth
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application No 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 Insurance NIL
Expand

Order Types

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Order Types

Order Type - Compare Reliance Securities vs Geojit vs Nuvama Wealth 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) - Reliance Securities and Nuvama Wealth provides Cover Orders (CO) facility where Geojit doesn't provides Cover Orders. Bracket Orders (BO) - Reliance Securities provides Bracket Orders (BO) facility where Geojit and Nuvama Wealth 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 - Geojit offers Good Till Cancelled (GTC) orders facility where Reliance Securities and Nuvama Wealth doesn't provides GTC.

Order Types - Compare Reliance Securities vs Geojit vs Nuvama Wealth
Order Type Compare Reliance Securities Geojit Nuvama Wealth
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes No Yes
Bracket order Yes No No
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled No Yes No
Expand

Customer Service Offered

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Customer Service

Compare Reliance Securities vs Geojit vs Nuvama Wealth 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 Reliance Securities vs Geojit vs Nuvama Wealth
Customer Service Compare Reliance Securities Geojit Nuvama Wealth
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes No No
Phone Support Yes Yes Yes
Toll Free Number Yes Yes Yes
Through Branches Yes Yes Yes
Customer Care Number 022 41596000 | 022 62436000 1800-425-5501/1800-103-5501/91-484-2405822 1800 102 3335
Account Opening Process Online/Paperless Offline Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://insights.geojit.com/ https://www.nuvamawealth.com/investology
Head Office Address 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
Edelweiss House,
Off CST Road,
Kalina,
Mumbai - 400098
Website https://www.reliancesmartmoney.com https://www.geojit.com/ https://www.nuvamawealth.com/
Expand

Tips/Research/Reports Published

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Research Reports, Tips

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

Research Reports - Compare Reliance Securities vs Geojit vs Nuvama Wealth
  Reliance Securities Geojit Nuvama Wealth
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
Expand

Demat Account

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Demat Account

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

Demat Charges - Compare Reliance Securities vs Geojit vs Nuvama Wealth
  Reliance Securities Geojit Nuvama Wealth
DP Source CDSL CDSL CDSL
DP ID 41400 48900 19100
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹600 pa Free (₹1500 one time charges)
Advance Deposit Nil NIL NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges 0.02% of transaction value (Max ₹40) + CDSL charges 0.02% of transaction value or ₹20 per transaction whichever is higher
Demat ₹5 per certificate + ₹30 request charges ₹100 per demat request max 5 + ₹20 each additional certificate ₹2 per certificate + ₹30 courier charges
Remat ₹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 ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges
Pledge Creation 0.05% of transaction value (Min ₹30) ₹50 per transaction 0.02% of transaction value (Min ₹50)
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Closure 0.05% of transaction value (Min ₹30) Nil 0.02% of transaction value (Min ₹50)
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹50 per transaction 0.02% of transaction value (Min ₹50)
Failed Instruction Charges Nil Nil Nil
Other Charges Nil Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Special Offers and Promotion

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

Compare Reliance Securities vs Geojit vs Nuvama Wealth on Special Offers and Promotion
  Reliance Securities Geojit Nuvama Wealth
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 SELFIE Trading 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 Terminal X3,Nuvama Web,Mobile Trader.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Info Not Available Info Not Available NA
Bank Detail RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Info Not Available Nuvama Wealth,
Account Number:EBL1XXXXXXXXX
Bank and Branch: CitiBank, Mumbai
Account Type: Current Account
IFSC Code: CITI0100000
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 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...

  • Multiple products; equity, derivatives, IPO, mutual funds, bonds, debt instruments.
  • Trade at Rs 10/order flat brokerage
  • Free Guided Portfolio, an expert-curated basket for investors
  • User-friendly interface of Markets mobile app and TX3 terminal
  • Get free expert research reports and trading tips.
  • Place bracket order, cover order, and GTD order.
  • Investology, is a stock market learning platform for beginners to experts.
  • Margin trading facility.
  • Decent physical presence with branches

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...

  • 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...

  • NRI trading is not offered.
  • No 3-in-1 account opening services
  • Call & trade and research services are available at additional cost in Lite plan.
  • Brokerage charges are high in the Elite % based pricing plan.

Detail Review...

Special Offers/Promo
Enquire for Reliance Securities Enquire for Geojit Enquire for Nuvama Wealth

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