Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
The brokerage of Reliance Securities ranges between 0.05 - 0.50%, the brokerage of Zerodha ranges between Rs 20, while the brokerage of AxisDirect ranges between 0.05% to 0.5%. The broker Reliance Securities and AxisDirect are full service brokers where Zerodha is a discount broker. Overall rating for Reliance Securities is 3.5, Zerodha is rated 4.5, AxisDirect is rated 3.5 out of 5.
Here we present side-by-side comparison of Reliance Securities vs Zerodha 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 Zerodha 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 Zerodha vs AxisDirect in this setion with 360 degree view of broker information.
 Reliance Securities |
 Zerodha |
 AxisDirect |
|
|---|---|---|---|
| Overall Rating | |||
| Brokerage Charges | |||
| Trading Platform | |||
| Investments Offering | |||
| Customer Service | |||
| Broker Type | Full Service Broker | Discount Broker | Full Service Broker |
| Exchanges Supported | NSE, BSE | NSE, BSE, MCX | 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 & ...  |
Zerodha is India's leading discount broker offering free account opening, free equity and mutual fund investment, Rs 20 flat brokerage trading, and a user-friendly Kite trading platform. | 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... |
| Broker Enquiry |
|
|
|
In this section we have compared Reliance Securities vs Zerodha vs AxisDirect on trading & demat account opening charges and AMC. Trading account opening charges - Reliance Securities charges Rs 950 for account opening, Zerodha 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, Zerodha charges Rs 300 PA AMC for Demat account, where AxisDirect charges Rs 750 PA (Free for 1st year) AMC for Demat account.
| Charges | Reliance Securities | Zerodha | 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) | Rs 300 PA | Rs 750 PA (Free for 1st year) |
| Provide DP Service |  |
|
|
Plans are the most important feature you look when compare Reliance Securities vs Zerodha 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 Zerodha doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | Reliance Securities | Zerodha | AxisDirect |
|---|---|---|---|
| Multiple Plans | |
 |
|
| Monthly Plans | |
|
|
| Yearly Plans | |
|
|
| Zerodha | Zerodha | Zerodha | |
|---|---|---|---|
| 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.
Zerodha Brokerage Plan detail - Zerodha charges Rs 20 or .03%, whichever is lower, for equity Intraday, F&O, commodity and currency on NSE, BSE and MCX. No upfront brokerage or turnover commitments on your trade. Rs 20 is the maximum brokerage you need to pay per executable order. Zero brokerage on equity delivery trading.
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 | Zerodha | AxisDirect |
|---|---|---|---|
| Plan Name | R-FIXED Online Brokerage Plan (Percentage Based) | Max Rs 20 per order Trading Plan | Fixed Brokerage Trading Plan (Percentage Based) |
| Equity Delivery | 0.50% | Free | 0.50% (Each leg) |
| Equity Intraday | 0.05% | 0.03% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Futures | 0.05% | 0.03% or Rs 20 whichever is lower | 0.05% (Each leg) |
| Equity Options | Rs 100 Per Lot | Flat Fee Rs 20 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot |
| Currency Futures | 0.05% | 0.03% or Rs 20 whichever is lower | 0.05% (Each Leg) |
| Currency Options | Rs 100 Per Lot | Flat Fee Rs 20 | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p |
| Commodity Trading | Future: 0.05%| Options: Rs 100 per lot | Flat Fee Rs 20 | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot |
| Minimum Brokerage | 5 paise per share | NIL | |
| Hidden Charges | No | No | |
| Funding | Yes - 18% interest PA | Info Not Available | Yes - 18% interest PA |
| Call & Trade Charges | Rs 20 per call (Free First 20 call per month) | Rs 50 Per Executable Order | 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. | Rs 50 Per Executable Order | 20 calls Free and after that Rs 20 per call |
| Brokerage Calculator | Brokerage Calculator for Reliance Securities | Brokerage Calculator for Zerodha | Brokerage Calculator for AxisDirect |
Compare Reliance Securities vs Zerodha vs AxisDirect on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Reliance Securities | Zerodha | AxisDirect |
|---|---|---|---|
| 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 | |
| Brokerage Charges | Complete Brokerage Plans for reliance-securities | Complete Brokerage Plans for zerodha | Complete Brokerage Plans for axisdirect |
Compare Reliance Securities vs Zerodha 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 Zerodha offers only 2-in-1 account which includes trading and demat account. Margin Funding - Reliance Securities and AxisDirect offers margin funding where Zerodha doesn't offers margin funding. NRI Trading - All 3 brokers offers NRI Trading.
| Account Features Compare | Reliance Securities | Zerodha | AxisDirect |
|---|---|---|---|
| 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 | 3:20 PM | 2:45 PM |
| NRI Trading | |
|
|
| 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 Zerodha 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.
| Reliance Securities | Zerodha | AxisDirect | ||
|---|---|---|---|---|
52 Customer Reviews
 |
160 Customer Reviews
|
6 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 | Zerodha is Rated 3.9 / 5 based on 160 customer reviews | AxisDirect is Rated 2.3 / 5 based on 6 customer reviews |
Compare Reliance Securities vs Zerodha 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 Zerodha and AxisDirect doesn't offers PMS facility.
| Investment Offerings Compare | Reliance Securities | Zerodha | AxisDirect |
|---|---|---|---|
| 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 Type - Compare Reliance Securities vs Zerodha 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 provides Bracket Orders (BO) facility where Zerodha and 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 - Zerodha and AxisDirect offers Good Till Cancelled (GTC) orders facility where Reliance Securities doesn't provides GTC.
| Order Type Compare | Reliance Securities | Zerodha | AxisDirect |
|---|---|---|---|
| CNC order | |
|
|
| MIS order | |
|
|
| NRML order | |
|
|
| Cover order | |
|
|
| Bracket order | |
|
|
| AMO-After Market Orders | |
|
|
| GTC-Good Till Cancelled | |
|
|
Compare Reliance Securities vs Zerodha 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 | Zerodha | AxisDirect |
|---|---|---|---|
| 24/7 Customer Service | |
|
|
| Email Support | |
|
|
| Onine Live Chat | |
|
|
| Phone Support | |
|
|
| Toll Free Number | |
|
|
| Through Branches | |
|
|
| Customer Care Number | 022 41596000 | 022 62436000 | "+ 91 80 4040 2020" | 022-61480808 |
| 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://zerodha.com/varsity/ | https://simplehai.axisdirect.in/learn/overview |
| Head Office Address | Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055 |
Zerodha Headquater #153/154 4th Cross Dollars Colony, Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore - 560078 |
Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
| Website | https://www.reliancesmartmoney.com | https://zerodha.com/ | https://simplehai.axisdirect.in |
Compare Reliance Securities vs Zerodha vs AxisDirect on research reports and tips provided by broker.
| Reliance Securities | Zerodha | AxisDirect | |
|---|---|---|---|
| Research Mutual Funds | |
|
|
| Research Equity Reports | |
|
|
| Research ETF | |
|
|
| Daily Market Report | |
|
|
| Free Tips | |
|
|
| Quarterly Result Analysis | |
|
|
| News Alerts | |
|
|
Compare Reliance Securities vs Zerodha vs AxisDirect on Demat Service and Charges. This section cover about demat charges, demat service and other details
| Reliance Securities | Zerodha | AxisDirect | |
|---|---|---|---|
| DP Source | CDSL | CDSL | CDSL |
| DP ID | 41400 | 81600 | 49200 |
| Demat Account Annual Maintenance Charges(AMC) | ₹300 pa | ₹300 pa | ₹500 pa |
| Advance Deposit | Nil | Nil | Nil |
| Statutory charges | Nil | ₹50 | Nil |
| Transaction Charges on Debit (Per ISIN) | 0.04% (Min ₹27) + CDSL charges | ₹8 + ₹5.50 (CDSL Charges) per transaction | ₹10 |
| Demat | ₹5 per certificate + ₹30 request charges | ₹150 per certificate + ₹100 courier charges | ₹3 per certificate |
| Remat | ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges | ₹150 per certificate + ₹100 courier charges + CDSL Charges | ₹10 for every hundred securities (Min ₹10) |
| Pledge Creation | 0.05% of transaction value (Min ₹30) | ₹20 + ₹12 CSDL charges | ₹25 |
| Pledge Creation Confirmation | 0.05% of transaction value (Min ₹30) | Nil | ₹25 |
| Pledge Closure | 0.05% of transaction value (Min ₹30) | ₹20 + ₹12 CSDL charges | ₹25 |
| Pledge Closure Confirmation | 0.05% of transaction value (Min ₹30) | Nil | ₹25 |
| Pledge Invocation | 0.05% of transaction value (Min ₹30) | ₹20 | Nil |
| Failed Instruction Charges | Nil | ₹50 per instraction | Nil |
| Other Charges | Nil | Nil | Nil |
Compare Reliance Securities vs Zerodha vs AxisDirect on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| Reliance Securities | Zerodha | AxisDirect | |
|---|---|---|---|
| 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, UPI, Online Bank Transfer via IMPS, NEFT or RTGS, Netbanking from Kite Pay-out/Fund Withdrawal - 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 | Max 24 hrs except for bank holidays | Instant to Axis Bank. |
| Bank Supported and Charges | Info Not Available | Around 25 banks allow instant credit facility with charges of Rs 9 from zerodha trading platform (kite/PI). | NA |
| Bank Detail | RELIANCE SECURITIES LTD Account No.:9500XXXXXXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001 |
HDFC Bank Account#ZERNSE Branch: Sandoz Branch, Mumbai IFSC Code:HDFC0000240 |
Direct from your Axis bank account. |
| Likes |
|
You will enjoy many benefits or advantages while trading with Zerodha;
|
|
| Dislikes |
|
|
|
| Special Offers/Promo | Zero Brokerage for Equity Delivery and Zero Commission on Mutual Fund Investment (Direct Mutual Funds), Pay max Rs 20 for equity intraday, F&O, currency and commodity trading. No Hidden Charges. | 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 Zerodha | Enquire for AxisDirect |
Last Updated on 2023-09-13T01:50:30+00:00
