Reliance Securities Vs SBICAP Securities Vs Groww: Which one is better?

The brokerage of Reliance Securities ranges between 0.05 - 0.50%, the brokerage of SBICAP Securities ranges between .05 to 0.50%, while the brokerage of Groww ranges between Rs 20. The broker Reliance Securities and SBICAP Securities are full service brokers where Groww is a discount broker. Overall rating for Reliance Securities is 3.5, SBICAP Securities is rated 4, Groww is rated 4 out of 5.

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

Compare 2 Brokers

Compare Reliance Securities vs SBICAP Securities vs Groww on Service

	Reliance Securities	SBICAP Securities	Groww
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Full Service Broker	Discount Broker
Exchanges Supported	NSE, BSE	NSE, BSE	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 & ...	Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ...	Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...
Broker Enquiry

Account Opening Charges and AMC

Compare Reliance Securities vs SBICAP Securities vs Groww on Trading & Demat Account Opening Charges

In this section we have compared Reliance Securities vs SBICAP Securities vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Reliance Securities charges Rs 950 for account opening, SBICAP Securities charges Rs 850 for account opeing, and Groww charges Free for account opeing. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) as AMC for Demat account, SBICAP Securities charges Rs 500 PA AMC for Demat account, where Groww charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities vs SBICAP Securities vs Groww
Charges	Reliance Securities	SBICAP Securities	Groww
Trading Account Opening Fees	Rs 950	Rs 850	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 500 PA	Free
Provide DP Service

About Brokerage Plans

Compare Reliance Securities vs SBICAP Securities vs Groww on Plan Options

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

Compare Reliance Securities vs SBICAP Securities vs Groww on Plan Options
Plan Types	Reliance Securities	SBICAP Securities	Groww
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	Zerodha	Zerodha	Zerodha
Account Opening Request	Open Zerodha Account Now>>	Open Zerodha Account Now>>	Open Zerodha Account Now>>

Brokerage Charges

Compare Reliance Securities vs SBICAP Securities vs Growwon 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.

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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 vs SBICAP Securities vs Groww
Brokerage Charges Compare	Reliance Securities	SBICAP Securities	Groww
Plan Name	R-FIXED Online Brokerage Plan (Percentage Based)	Standard or default brokerage plan	Flat Brokerage Plan
Equity Delivery	0.50%	0.50%	0.05% or Rs 20 whichever is lower
Equity Intraday	0.05%	0.05%	0.05% or Rs 20 whichever is lower
Equity Futures	0.05%	0.05%	Flat Fee Rs 20
Equity Options	Rs 100 Per Lot	Rs 100 Per Lot	Flat Fee Rs 20
Currency Futures	0.05%	0.03%	Not Available
Currency Options	Rs 100 Per Lot	Rs 30 Per Lot	Not Available
Commodity Trading	Future: 0.05%\| Options: Rs 100 per lot	Rs. 100 per lot	Not Available
Minimum Brokerage	5 paise per share	Rs 0.05 for Cash, Rs 0.01 Future
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)	Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call.	Rs 50 Per Executable Order
Auto Square off Charges	Free First 20 call PM and Rs 20 their onwards.	First Free 30 per month, after Rs 10 per square-off	Rs 50 Per Executable Order
Brokerage Calculator	Brokerage Calculator for Reliance Securities	Brokerage Calculator for SBICAP Securities	Brokerage Calculator for Groww

Share Broker's Transaction Charges

Compare Reliance Securities vs SBICAP Securities vs Groww on Transaction Charges

Compare Reliance Securities vs SBICAP Securities vs Groww on transaction charges and PCM fee by segment.

Transaction Charges - Compare Reliance Securities vs SBICAP Securities vs Groww
Transaction Charges Compare	Reliance Securities	SBICAP Securities	Groww
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	NA	NA
Brokerage Charges	Complete Brokerage Plans for reliance-securities	Complete Brokerage Plans for sbicap-securities	Complete Brokerage Plans for groww

Account Features

Compare Reliance Securities vs SBICAP Securities vs Groww on Account Features

Compare Reliance Securities vs SBICAP Securities vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 Account where Reliance Securities and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding - Reliance Securities and Groww offers margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - Reliance Securities and SBICAP Securities offers NRI Trading where Groww doesn't offers NRI Trading.

Account Features - Reliance Securities vs SBICAP Securities vs Groww
Account Features Compare	Reliance Securities	SBICAP Securities	Groww
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15PM	3:10 PM
NRI Trading
Other Features	Mobile Application: Rmobile Xpress	Trading software terminal: ODIN Diet	NIL

Trading Platform

Compare Reliance Securities vs SBICAP Securities vs Growwon Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities vs SBICAP Securities 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 vs SBICAP Securities vs Groww
Trading Platform Compare	Reliance Securities	SBICAP Securities	Groww
Desktop Trading Platform	InstaXpress	SBISMART XPRESS - NextTrader	Groww App
Desktop Demo	Desktop Demo	Desktop Demo	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	http://tick.rsec.co.in/	https://login1.sbismart.com/nidp/app/login	Yes
Web Trading Demo	Web Trading Demo	Web Trading Demo	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	TICK PRO	SBISMART	Groww App
Mobile Trading App Demo	TICK PRO Demo	SBISMART Demo	Info Not Available
Android Mobile App
Android App Download	Andriod TICK PRO Download	Andriod SBISMART Download	Andriod Download
iPhone Mobile App (IOS)
iOS App Download	iOS TICK PRO Download	iOS SBISMART Download	iOS Groww App Download
Android Tablet App
iPad App (IOS)
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 SBICAP Securities	Equity Intraday and Delivery Brokerage Calculator for Groww
Futures Brokerage Calculator	Futures Brokerage Calculator for Reliance Securities	Futures Brokerage Calculator for SBICAP Securities	Futures Brokerage Calculator for Groww
Options Brokerage Calculator	Options Brokerage Calculator for Reliance Securities	Options Brokerage Calculator for SBICAP Securities	Options Brokerage Calculator for Groww
Detail	Detail on Trading Platforms for reliance-securities	Detail on Trading Platforms for sbicap-securities	Detail on Trading Platforms for groww

Broker Ratings by Users

Compare Reliance Securities vs SBICAP Securities vs Groww on User Rating

	Reliance Securities	SBICAP Securities	Groww
	52 Customer Reviews	78 Customer Reviews	8 Customer Reviews
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	SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews	Groww is Rated 4.3 / 5 based on 8 customer reviews

Investment Offerings

Compare Reliance Securities vs SBICAP Securities vs Groww on Investment Offerings

Compare Reliance Securities vs SBICAP Securities 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 offers Commodity Trading where SBICAP Securities and Groww doesn't 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 SBICAP Securities and Groww doesn't offers PMS facility.

Investment Offerings - Compare Reliance Securities vs SBICAP Securities vs Groww
Investment Offerings Compare	Reliance Securities	SBICAP Securities	Groww
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL	NIL

Order Types

Compare Reliance Securities vs SBICAP Securities vs Groww on Order Types

Order Type - Compare Reliance Securities vs SBICAP Securities 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 SBICAP Securities provides Cover Orders (CO) facility where Groww doesn't provides Cover Orders. Bracket Orders (BO) - Reliance Securities and SBICAP Securities provides Bracket Orders (BO) facility where Groww doesn't provides Bracket Orders. After Market Orders (AMO) - Reliance Securities and SBICAP Securities AMO facility where Groww doesn't provides AMO. GTC Orders - SBICAP Securities offers Good Till Cancelled (GTC) orders facility where Reliance Securities and Groww doesn't provides GTC.

Order Types - Compare Reliance Securities vs SBICAP Securities vs Groww
Order Type Compare	Reliance Securities	SBICAP Securities	Groww
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Reliance Securities vs SBICAP Securities vs Groww on Customer Service

Compare Reliance Securities vs SBICAP Securities 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 Support - Compare Reliance Securities vs SBICAP Securities vs Groww
Customer Service Compare	Reliance Securities	SBICAP Securities	Groww
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022 41596000 \| 022 62436000	022 6854 5555	9108800604
Account Opening Process	Online/Paperless	Offline	Online
Customer Support Email	[email protected]	[email protected]	[email protected]
Knowledge Center/Education	https://www.reliancesmartmoney.com/Insights	https://www.sbismart.com/education	https://groww.in/academy
Head Office Address	Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055	SBICAP SECURITIES LTD., A&B WING, MARATHON FUTUREX 12TH FLOOR, N.M.JOSHI MARG LOWER PAREL, MUMBAI - 400013	Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034
Website	https://www.reliancesmartmoney.com	https://www.sbismart.com	https://groww.in/

Tips/Research/Reports Published

Compare Reliance Securities vs SBICAP Securities vs Groww on Research Reports, Tips

Compare Reliance Securities vs SBICAP Securities vs Groww on research reports and tips provided by broker.

Research Reports - Compare Reliance Securities vs SBICAP Securities vs Groww
	Reliance Securities	SBICAP Securities	Groww
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Reliance Securities vs SBICAP Securities vs Groww on Demat Account

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

Demat Charges - Compare Reliance Securities vs SBICAP Securities vs Groww
	Reliance Securities	SBICAP Securities	Groww
DP Source	CDSL	CDSL	CDSL
DP ID	41400	19300	No
Demat Account Annual Maintenance Charges(AMC)	₹300 pa	₹500	Zero
Advance Deposit	Nil	0 for all	Nil
Statutory charges	Nil	Nil	Legal Charges
Transaction Charges on Debit (Per ISIN)	0.04% (Min ₹27) + CDSL charges	0.01% of the transaction value (Min ₹21 and Max ₹300)	₹8 + ₹5.50 CDSL charges
Demat	₹5 per certificate + ₹30 request charges	₹5 per certificate + ₹35 courier charges	₹150 per certificate + courier charges
Remat	₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges	₹35 per certificate + CDSL Charges	₹150 per certificate + courier charges
Pledge Creation	0.05% of transaction value (Min ₹30)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation	0.05% of transaction value (Min ₹30)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure	0.05% of transaction value (Min ₹30)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation	0.05% of transaction value (Min ₹30)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation	0.05% of transaction value (Min ₹30)	0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges	₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges	Nil	₹10	₹50
Other Charges	Nil	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs SBICAP Securities vs Groww on Special Offers and Promotion

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

Compare Reliance Securities vs SBICAP Securities vs Groww on Special Offers and Promotion
	Reliance Securities	SBICAP Securities	Groww
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 SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application. 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	Direct to SBI Bank.	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	Direct to SBI bank account	NA
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 on BSE, NSE, and MCX. Instant paperless 3-in-1 account opening with SBI Bank. Free web and app-based trading platforms. Invest in IPO, mutual funds, insurance, and get loans. Place upto 5 IPO applications from a single bank account. Comprehensive fundamental and technical research services across asset classes. Free trading tips and recommendations. Educative blogs, and videos as a learning source. Margin trading services. Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO). Place Good Till Date (GTD) order. Detail Review...	Trade or invest in equity, F&O, mutual funds, IPO, US Stocks Rs 0 account opening fee with no AMC Best UI Interface-enabled app and website Equity and F&O trading at Rs 20 maximum brokerage No cost investment in direct mutual funds. TradingView charts and wide range of technical indicators Advance orders like GTT, Target order, and Basket order Get instant and flexible loans on Groww Get the latest trending news and updates on the Groww Digest 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 247 customer support**. Detail Review...	It charges high brokerage than other brokers like Zerodha, Upstox, etc. It does not provide any desktop trading software for pro traders. The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged. It doesn’t have any fixed/flat discount brokerage plan. Customers are not satisfied with the SBI Securities services. Detail Review...	Does not offer commodity and currency trading No desktop trading terminal Bracket order and cover order are not available No intraday trading tips and stock research reports NRIs cannot open an account in Groww Detail Review...
Special Offers/Promo
	Enquire for Reliance Securities	Enquire for SBICAP Securities	Enquire for Groww

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

Transaction Charges Compare	Reliance Securities	SBICAP Securities	Groww
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	NA	NA
Brokerage Charges	Complete Brokerage Plans for reliance-securities	Complete Brokerage Plans for sbicap-securities	Complete Brokerage Plans for groww