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

Reliance Securities Vs Upstox Vs TradeSmart: Which one is better?

The brokerage of Reliance Securities ranges between 0.05 - 0.50%, the brokerage of Upstox ranges between Rs 20, while the brokerage of TradeSmart ranges between Rs 15. The broker Upstox and TradeSmart are a discount brokers where Reliance Securities is a full service broker. Overall rating for Reliance Securities is 3.5, Upstox is rated 4.5, TradeSmart is rated 4 out of 5.

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

Compare 2 Brokers

Compare Reliance Securities vs Upstox vs TradeSmart on Service

  Reliance Securities Compare
Reliance Securities		 Upstox Compare
Upstox		 TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Discount Broker Discount Broker
Exchanges Supported NSE, BSE NSE, BSE, MCX 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 Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India. Open TradeSmart Account to trade at either 0.007% or Rs. 15 lowest flat brokerage charges on the best platforms (SINE mobile app and trading website, and TradeSmart App), and get active customer support.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Upstox
Expand

Account Opening Charges and AMC

Compare Reliance Securities vs Upstox vs TradeSmart on Trading & Demat Account Opening Charges

In this section we have compared Reliance Securities vs Upstox vs TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - Reliance Securities charges Rs 950 for account opening, Upstox charges Promotion offer: Free for account opeing, and TradeSmart charges Rs 200 for account opeing. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) as AMC for Demat account, Upstox charges Free AMC for Demat account, where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities vs Upstox vs TradeSmart
Charges Reliance Securities Upstox TradeSmart
Trading Account Opening Fees Rs 950 Promotion offer: Free Rs 200
Trading AMC Free Free Free
Demat Account Opening Fees Free Free Rs 200
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Free Rs 300 PA
Provide DP Service Yes Yes Yes
Expand

About Brokerage Plans

Compare Reliance Securities vs Upstox vs TradeSmart on Plan Options

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

Compare Reliance Securities vs Upstox vs TradeSmart on Plan Options
Plan Types Reliance Securities Upstox TradeSmart
Multiple Plans Yes No Yes
Monthly Plans No No No
Yearly Plans No No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha Upstox
Account Opening Request
Open Zerodha Account Now>>
Open Zerodha Account Now>>
Open Upstox Account Now>>
Expand

Brokerage Charges

Compare Reliance Securities vs Upstox vs TradeSmarton 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.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

TradeSmart Brokerage Plan detail - 15 Rs Flat-rate power plan is good for big volume trader. This plan is good for traders who are not doing frequent trades but doing volume trade. This plan comes with up to 30x exposure on Equity.

Brokerage Charges - Compare Reliance Securities vs Upstox vs TradeSmart
Brokerage Charges Compare Reliance Securities Upstox TradeSmart
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Max Rs 20 Per Order Trading Plan Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.50% 2.5% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Intraday 0.05% 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Futures 0.05% 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Equity Options Rs 100 Per Lot Flat Fee Rs 20 Flat Fee Rs 15
Currency Futures 0.05% 0.05% or Rs 20 whichever is lower Flat Fee Rs 15
Currency Options Rs 100 Per Lot Flat Fee Rs 20 Flat Fee Rs 15
Commodity Trading Future: 0.05%| Options: Rs 100 per lot Flat Fee Rs 20 Flat Fee Rs 15
Minimum Brokerage 5 paise per share
Hidden Charges No Info Not Available
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Rs 50 + 18% GST Rs 20 per executed Order
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Rs 50 + 18% GST Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Upstox Brokerage Calculator for TradeSmart
Expand

Share Broker's Transaction Charges

Compare Reliance Securities vs Upstox vs TradeSmart on Transaction Charges

Compare Reliance Securities vs Upstox vs TradeSmart on transaction charges and PCM fee by segment.

Transaction Charges - Compare Reliance Securities vs Upstox vs TradeSmart
Transaction Charges Compare Reliance Securities Upstox TradeSmart
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 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for upstox Complete Brokerage Plans for trade-smart-online
Expand

Account Features

Compare Reliance Securities vs Upstox vs TradeSmart on Account Features

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

Account Features - Reliance Securities vs Upstox vs TradeSmart
Account Features Compare Reliance Securities Upstox TradeSmart
3 in 1 Account No Reliance Securities have 2-in-1 account. Only Demate and Trading account. Yes, Reliance Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No TradeSmart have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes Yes No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes Yes No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:15PM 3:15PM
NRI Trading Yes No No
Other Features Mobile Application: Rmobile Xpress NIL NIL
Expand

Trading Platform

Compare Reliance Securities vs Upstox vs TradeSmarton Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities vs Upstox vs TradeSmart. 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 Upstox vs TradeSmart
Trading Platform Compare Reliance Securities Upstox TradeSmart
Web Trading Platform Yes Yes Yes
Web Trading Detail

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

https://pro.upstox.com/

https://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes Yes
Mobile Trading Yes Yes Yes
Mobile Trading App TICK PRO Upstox Sine
Mobile Trading App Demo TICK PRO Demo Upstox Demo Sine Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod TICK PRO Download Andriod Upstox Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS TICK PRO Download iOS Upstox Download iOS Sine Download
Android Tablet App Yes Yes Yes
iPad App (IOS) Yes Yes 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 Upstox Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Upstox Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Upstox Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for upstox Detail on Trading Platforms for trade-smart-online

Expand

Broker Ratings by Users

Compare Reliance Securities vs Upstox vs TradeSmart on User Rating

  Reliance Securities Upstox TradeSmart
  52 Customer Reviews    Rate Reliance Securities 12 Customer Reviews    Rate Upstox 34 Customer Reviews    Rate TradeSmart
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 Upstox is Rated 3.7 / 5 based on 12 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
Expand

Investment Offerings

Compare Reliance Securities vs Upstox vs TradeSmart on Investment Offerings

Compare Reliance Securities vs Upstox vs TradeSmart 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 - Reliance Securities and Upstox offers online mutual fund investment where TradeSmart doesn't offers mutual fund investment. Portfolio Management Services (PMS) - Reliance Securities offers PMS facility where Upstox and TradeSmart doesn't offers PMS facility.

Investment Offerings - Compare Reliance Securities vs Upstox vs TradeSmart
Investment Offerings Compare Reliance Securities Upstox TradeSmart
Equity Cash and F&O Yes Yes Yes
Currency Deravitives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application No Yes No
Mutual Funds Yes Yes No
Bond / NCD Yes No No
ETF Yes Yes Yes
Banking No No No
Insurance Yes No No
Forex No No No
MF SIP Investment Yes Yes No
Equity SIP Investment Yes Yes No
PMS Service Yes No No
Other Investment Options NIL NIL NIL
Expand

Order Types

Compare Reliance Securities vs Upstox vs TradeSmart on Order Types

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

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

Customer Service Offered

Compare Reliance Securities vs Upstox vs TradeSmart on Customer Service

Compare Reliance Securities vs Upstox vs TradeSmart 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 Upstox vs TradeSmart
Customer Service Compare Reliance Securities Upstox TradeSmart
24/7 Customer Service No No No
Email Support Yes Yes Yes
Onine Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number Yes No No
Through Branches Yes Yes No
Customer Care Number 022 41596000 | 022 62436000 +91 22 6130 9999 022 61208000
Account Opening Process Online/Paperless Online/Paperless Online/Paperless
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://upstox.com/help-center/ https://help.tradesmartonline.in/
Head Office Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055		 Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013		 Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website https://www.reliancesmartmoney.com https://upstox.com/ https://tradesmartonline.in/
Expand

Tips/Research/Reports Published

Compare Reliance Securities vs Upstox vs TradeSmart on Research Reports, Tips

Compare Reliance Securities vs Upstox vs TradeSmart on research reports and tips provided by broker.

Research Reports - Compare Reliance Securities vs Upstox vs TradeSmart
  Reliance Securities Upstox TradeSmart
Research Mutual Funds Yes No No
Research Equity Reports Yes No No
Research ETF Yes No No
Daily Market Report Yes No No
Free Tips Yes No No
Quarterly Result Analysis Yes No No
News Alerts Yes No No
Expand

Demat Account

Compare Reliance Securities vs Upstox vs TradeSmart on Demat Account

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

Demat Charges - Compare Reliance Securities vs Upstox vs TradeSmart
  Reliance Securities Upstox TradeSmart
DP Source CDSL CDSL CDSL
DP ID 41400 81800 30400
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 PA ₹300 pa
Advance Deposit Nil NIL NIL
Statutory charges Nil Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹27) + CDSL charges ₹13 + ₹5.50 CDSL charges ₹25
Demat ₹5 per certificate + ₹30 request charges ₹20 + ₹50 courier charges ₹500 per certificate (Min ₹500 per request)
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹100 for every hundred securities or ₹25 per certificate (whichever is higher) ₹500 per certificate (Min ₹500 per request)
Pledge Creation 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges ₹200 per script
₹50 for trading margin each side
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Closure 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges ₹200 per script
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) 0.02% of the transaction value (Min ₹50) + CDSL charges Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) 0.05% of the transaction value (Min ₹50) ₹200 per script
Failed Instruction Charges Nil ₹50 Nil
Other Charges
Expand

Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs Upstox vs TradeSmart on Special Offers and Promotion

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

Compare Reliance Securities vs Upstox vs TradeSmart on Special Offers and Promotion
  Reliance Securities Upstox TradeSmart
Pay In and Pay Out Options
Payout Time
Bank Supported and Charges
Bank Detail
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...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

Check out the key advantages, reasons, or benefits on Why Choose TradeSmart For Stock Trading?

  • Trade in stocks, derivatives, currencies, and commodities.
  • Lowest brokerage: Trade at 15 flat brokerage fees.
  • Multiple trading platforms: SINE, TradeSmart App, Nest Trader, Fox Trader, etc.
  • Super-efficient Trade Smart Box integrated back office portal.
  • Tradetron Algo Trading with TradeSmart.
  • No minimum balance is required.
  • Instant UPI fund transfer.
  • Free of cost Swing API.
  • Apply for IPOs online using UPI.
  • Online Direct mutual fund investment at Rs.0 brokerage.
  • Online brokerage calculator to calculate trading cost upfront.
  • TradeSmart blogs, newsroom, and Knowledge hub for beginners to experts.
  • Advanced orders like bracket order (BO), cover order (CO), and after-market order (AMO).
  • Margin against shares (MAS) in your Demat account.
  • No Hidden charges.

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...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

There are several disadvantages or limitations as well of trading with TradeSmart such as follows;

  • You cannot invest in SME IPOs.
  • TradeSmart App is only available on the Play Store.
  • NRIs cannot open a Demat and Trading account at Trade smart.
  • It does not provide trading tips, research, and portfolio management services.

Detail Review...
Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs Free Account Opening, Rs 400 Waived for a limited time.
Enquire for Reliance Securities Enquire for Upstox Enquire for TradeSmart

Last Updated on

special_offers
By Popular Share Brokers
Zerodha Review   Zerodha

Free Eq Delivery & MF
Flat ₹20 Per Trade

Open Account  Review

Angel One Review   Angel One

Free Equity Delivery
Flat ₹20 Per Trade in F&O

Open Account  Review

Kotak Securities Review   Kotak Securities

Free Account Opening
FREE Intraday Trading (Eq, F&O)

Enquire Now

Upstox Review   Upstox

Flat ₹20 Per Trade
Free Demat Account

Enquire Now

Nuvama Wealth Review   Nuvama Wealth

Full-service @ Flat Rate
Flat ₹10 Per Trade

Get FREE Account

Paytm Money Review  Paytm Money

Free MutualFund Investment
Max ₹20 Per Trade in F&O

Open FREE Account Now!

5paisa Review  5Paisa

FREE Account Opening
Trade at Flat ₹20 per Trade

GET FREE Demat Account

Fyers Review   Fyers

Free Eq Delivery Trades
Flat ₹20 Per Trade in F&O

Open Instant Account

Alice Blue   Alice Blue

Flat ₹15 Per Trade
Most Popular Commodity Broker

Request Instant Call Back

Open an Instant Account with Zerodha