FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
The brokerage of Reliance Securities ranges between 0.05 - 0.50%, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of Groww ranges between Rs 20. The broker Nuvama Wealth and Groww are a discount brokers where Reliance Securities is a full service broker. Overall rating for Reliance Securities is 3.5, Nuvama Wealth is rated 3.5, Groww is rated 4 out of 5.
Here we present side-by-side comparison of Reliance Securities vs Nuvama Wealth vs Groww 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 Nuvama Wealth vs Groww 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 Nuvama Wealth vs Groww in this setion with 360 degree view of broker information.
In this section we have compared Reliance Securities vs Nuvama Wealth vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Groww 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, Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account, where Groww charges Free AMC for Demat account.
Charges | Reliance Securities | Nuvama Wealth | Groww |
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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) | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] | Free |
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Plans are the most important feature you look when compare Reliance Securities vs Nuvama Wealth vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Reliance Securities and Nuvama Wealth offers Multiple Plans where Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
Plan Types | Reliance Securities | Nuvama Wealth | Groww |
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Multiple Plans | ![]() |
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Monthly Plans | ![]() |
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Yearly Plans | ![]() |
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Zerodha | Nuvama Wealth | 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.
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.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
Brokerage Charges Compare | Reliance Securities | Nuvama Wealth | Groww |
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Plan Name | R-FIXED Online Brokerage Plan (Percentage Based) | Nuvama Lite | Flat Brokerage Plan |
Equity Delivery | 0.50% | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower |
Equity Intraday | 0.05% | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower |
Equity Futures | 0.05% | Flat Rs. 10 per executed order | Flat Fee Rs 20 |
Equity Options | Rs 100 Per Lot | Flat Rs. 10 per executed order | Flat Fee Rs 20 |
Currency Futures | 0.05% | Flat Rs. 10 per executed order | Not Available |
Currency Options | Rs 100 Per Lot | Flat Rs. 10 per executed order | Not Available |
Commodity Trading | Future: 0.05%| Options: Rs 100 per lot | 0.01% | Not Available |
Minimum Brokerage | 5 paise per share | ||
Hidden Charges | No | Info Not Available | |
Funding | Yes - 18% interest PA | Yes - 24% interest PA | NA |
Call & Trade Charges | Rs 20 per call (Free First 20 call per month) | Rs 20 per call | Rs 50 Per Executable Order |
Auto Square off Charges | Free First 20 call PM and Rs 20 their onwards. | Rs 20 | Rs 50 Per Executable Order |
Brokerage Calculator | Brokerage Calculator for Reliance Securities | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Groww |
Compare Reliance Securities vs Nuvama Wealth vs Groww on transaction charges and PCM fee by segment.
Transaction Charges Compare | Reliance Securities | Nuvama Wealth | Groww |
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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 | NA |
Brokerage Charges | Complete Brokerage Plans for reliance-securities | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for groww |
Compare Reliance Securities vs Nuvama Wealth vs Groww 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 - Reliance Securities and Nuvama Wealth offers NRI Trading where Groww doesn't offers NRI Trading.
Account Features Compare | Reliance Securities | Nuvama Wealth | Groww |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Algo Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Combined Ledger for Equity and Commodity | ![]() |
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Intraday Square-off Time | 3:15PM | 3:15PM | 3:10 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 Nuvama Wealth vs Groww. 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 | Nuvama Wealth | Groww |
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Desktop Trading Platform | InstaXpress | Xtreme Trader | Groww App |
Desktop Demo | Desktop Demo | Desktop Demo | Info Not Available |
Desktop Platform (Windows) | ![]() |
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Desktop Platform (Mac) | ![]() |
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Web Trading Platform | ![]() |
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Web Trading Detail |
http://tick.rsec.co.in/ |
https://tlounge.edelweiss.in/Login |
Yes |
Web Trading Demo | Web Trading Demo | Info Not Available | Info Not Available |
Mobile Site | ![]() |
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Mobile Trading | ![]() |
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Mobile Trading App | TICK PRO | Nuvama Mobile Trader | Groww App |
Mobile Trading App Demo | TICK PRO Demo | Nuvama Mobile Trader Demo | Info Not Available |
Android Mobile App | ![]() |
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Android App Download | Andriod TICK PRO Download | Andriod Nuvama Mobile Trader Download | Andriod Download |
iPhone Mobile App (IOS) | ![]() |
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iOS App Download | iOS TICK PRO Download | iOS Nuvama Mobile Trader Download | iOS Groww App Download |
Android Tablet App | ![]() |
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iPad App (IOS) | ![]() |
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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 Nuvama Wealth | Equity Intraday and Delivery Brokerage Calculator for Groww |
Futures Brokerage Calculator | Futures Brokerage Calculator for Reliance Securities | Futures Brokerage Calculator for Nuvama Wealth | Futures Brokerage Calculator for Groww |
Options Brokerage Calculator | Options Brokerage Calculator for Reliance Securities | Options Brokerage Calculator for Nuvama Wealth | Options Brokerage Calculator for Groww |
Detail | Detail on Trading Platforms for reliance-securities | Detail on Trading Platforms for nuvama-wealth | Detail on Trading Platforms for groww |
Compare Reliance Securities vs Nuvama Wealth vs Groww 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 - Reliance Securities and Nuvama Wealth offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Reliance Securities and Nuvama Wealth offers PMS facility where Groww doesn't offers PMS facility.
Investment Offerings Compare | Reliance Securities | Nuvama Wealth | Groww |
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Equity Cash and F&O | ![]() |
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Currency Deravitives | ![]() |
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Commodity | ![]() |
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Online IPO Application | ![]() |
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Mutual Funds | ![]() |
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Bond / NCD | ![]() |
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ETF | ![]() |
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Banking | ![]() |
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Insurance | ![]() |
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Forex | ![]() |
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MF SIP Investment | ![]() |
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Equity SIP Investment | ![]() |
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PMS Service | ![]() |
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Other Investment Options | NIL | NIL | NIL |
Order Type - Compare Reliance Securities vs Nuvama Wealth vs Groww 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 Groww doesn't provides Cover Orders. Bracket Orders (BO) - Reliance Securities provides Bracket Orders (BO) facility where Nuvama Wealth and Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Reliance Securities and Nuvama Wealth AMO facility where Groww doesn't provides AMO. GTC Orders - All 3 brokers doesn't have GTC facility.
Order Type Compare | Reliance Securities | Nuvama Wealth | Groww |
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CNC order | ![]() |
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MIS order | ![]() |
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NRML order | ![]() |
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Cover order | ![]() |
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Bracket order | ![]() |
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AMO-After Market Orders | ![]() |
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GTC-Good Till Cancelled | ![]() |
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Compare Reliance Securities vs Nuvama Wealth vs Groww 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 | Nuvama Wealth | Groww |
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24/7 Customer Service | ![]() |
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Email Support | ![]() |
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Onine Live Chat | ![]() |
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Phone Support | ![]() |
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Toll Free Number | ![]() |
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Through Branches | ![]() |
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Customer Care Number | 022 41596000 | 022 62436000 | 1800 102 3335 | 9108800604 |
Account Opening Process | Online/Paperless | Online/Paperless | Online |
Customer Support Email | [email protected] | [email protected] | [email protected] |
Knowledge Center/Education | https://www.reliancesmartmoney.com/Insights | https://www.nuvamawealth.com/investology | https://groww.in/academy |
Head Office Address | Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055 |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
Website | https://www.reliancesmartmoney.com | https://www.nuvamawealth.com/ | https://groww.in/ |
Compare Reliance Securities vs Nuvama Wealth vs Groww on research reports and tips provided by broker.
Reliance Securities | Nuvama Wealth | Groww | |
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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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Free Tips | ![]() |
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Quarterly Result Analysis | ![]() |
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News Alerts | ![]() |
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Compare Reliance Securities vs Nuvama Wealth vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
Reliance Securities | Nuvama Wealth | Groww | |
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DP Source | CDSL | CDSL | CDSL |
DP ID | 41400 | 19100 | No |
Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | Free (₹1500 one time charges) | Zero |
Advance Deposit | Nil | NIL | Nil |
Statutory charges | Nil | Nil | Legal Charges |
Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹27) + CDSL charges | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹8 + ₹5.50 CDSL charges |
Demat | ₹5 per certificate + ₹30 request charges | ₹2 per certificate + ₹30 courier charges | ₹150 per certificate + courier charges |
Remat | ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹150 per certificate + courier charges |
Pledge Creation | 0.05% of transaction value (Min ₹30) | 0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
Pledge Creation Confirmation | 0.05% of transaction value (Min ₹30) | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
Pledge Closure | 0.05% of transaction value (Min ₹30) | 0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
Pledge Closure Confirmation | 0.05% of transaction value (Min ₹30) | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
Pledge Invocation | 0.05% of transaction value (Min ₹30) | 0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
Failed Instruction Charges | Nil | Nil | ₹50 |
Other Charges | Nil | Nil | Nil |
Compare Reliance Securities vs Nuvama Wealth vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
Reliance Securities | Nuvama Wealth | Groww | |
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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/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 |
pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww Pay-out/Fund Withdrawal - Bank Transfer only |
Payout Time | Max 24 hrs except bank holidays | Upto 24 Hrs except Bank Holidays. | Max 24 hrs except bank holidays |
Bank Supported and Charges | Info Not Available | Info Not Available | Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform. |
Bank Detail | RELIANCE SECURITIES LTD Account No.:9500XXXXXXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001 |
Nuvama Wealth, Account Number:EBL1XXXXXXXXX Bank and Branch: CitiBank, Mumbai Account Type: Current Account IFSC Code: CITI0100000 |
NA |
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Enquire for Reliance Securities | Enquire for Nuvama Wealth | Enquire for Groww |
Last Updated on 2023-09-13T01:50:30+00:00