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Reliance Securities Vs Zerodha Vs Fyers: Which one is better?

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

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

Compare Reliance Securities vs Zerodha vs Fyers on Service

  Reliance Securities Compare
Reliance Securities
Zerodha Compare
Zerodha
Fyers Compare
Fyers
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
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 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. Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i... Know more about Fyers
Broker Enquiry Request call back from Zerodha Request call back from Zerodha Request call back from Fyers
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Account Opening Charges and AMC

Compare Reliance Securities vs Zerodha vs Fyers on Trading & Demat Account Opening Charges

In this section we have compared Reliance Securities vs Zerodha vs Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Zerodha and Fyers 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, Zerodha charges Rs 300 PA AMC for Demat account, where Fyers charges Free AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities vs Zerodha vs Fyers
Charges Reliance Securities Zerodha Fyers
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 300 PA Free
Provide DP Service Yes Yes Yes
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About Brokerage Plans

Compare Reliance Securities vs Zerodha vs Fyers on Plan Options

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

Compare Reliance Securities vs Zerodha vs Fyers on Plan Options
Plan Types Reliance Securities Zerodha Fyers
Multiple Plans Yes No No
Monthly Plans No No No
Yearly Plans No No No
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Account Opening Request

Account Opening

  Zerodha Zerodha Fyers
Account Opening Request
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Brokerage Charges

Compare Reliance Securities vs Zerodha vs Fyerson 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.

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.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare Reliance Securities vs Zerodha vs Fyers
Brokerage Charges Compare Reliance Securities Zerodha Fyers
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Max Rs 20 per order Trading Plan Max Rs 20 Per Order Trading Plan
Equity Delivery 0.50% Free Free
Equity Intraday 0.05% 0.03% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Futures 0.05% 0.03% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Equity Options Rs 100 Per Lot Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures 0.05% 0.03% or Rs 20 whichever is lower 0.03% or Rs 20 whichever is lower
Currency Options Rs 100 Per Lot Flat Fee Rs 20 Flat Fee Rs 20
Commodity Trading Future: 0.05%| Options: Rs 100 per lot Flat Fee Rs 20 Flat Fee Rs 20
Minimum Brokerage 5 paise per share NIL
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available No
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Rs 50 Per Executable Order Rs 50 Per Order
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Rs 50 Per Executable Order Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for Zerodha Brokerage Calculator for Fyers
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Share Broker's Transaction Charges

Compare Reliance Securities vs Zerodha vs Fyers on Transaction Charges

Compare Reliance Securities vs Zerodha vs Fyers on transaction charges and PCM fee by segment.

Transaction Charges - Compare Reliance Securities vs Zerodha vs Fyers
Transaction Charges Compare Reliance Securities Zerodha Fyers
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 NA
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for zerodha Complete Brokerage Plans for fyers
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Account Features

Compare Reliance Securities vs Zerodha vs Fyers on Account Features

Compare Reliance Securities vs Zerodha vs Fyers 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 - Reliance Securities offers margin funding where Zerodha and Fyers doesn't offers margin funding. NRI Trading - Reliance Securities and Zerodha offers NRI Trading where Fyers doesn't offers NRI Trading.

Account Features - Reliance Securities vs Zerodha vs Fyers
Account Features Compare Reliance Securities Zerodha Fyers
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 Fyers have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes Yes
Algo Trading No Yes Yes
SMS Alerts Yes No No
Online Demo Yes Yes Yes
Online Portfolio Yes Yes No
Margin Trading Funding Available Yes No No
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:15PM 3:20 PM 3:15 PM
NRI Trading Yes Yes No
Other Features Mobile Application: Rmobile Xpress NIL Fyers 30 Day Challenge
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Trading Platform

Compare Reliance Securities vs Zerodha vs Fyerson Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities vs Zerodha vs Fyers. 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 Zerodha vs Fyers
Trading Platform Compare Reliance Securities Zerodha Fyers
Desktop Trading Platform InstaXpress NA Fyers One
Desktop Demo Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes No Yes
Desktop Platform (Mac) No No No
Web Trading Platform Yes Yes Yes
Web Trading Detail

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

Zerodha Kite Web

Fyers Web

Web Trading Demo Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes No
Mobile Trading Yes Yes Yes
Mobile Trading App TICK PRO Zerodha Kite App Fyers 2.0 Mobile App
Mobile Trading App Demo TICK PRO Demo Zerodha Kite App Demo Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes Yes
Android App Download Andriod TICK PRO Download Andriod Zerodha Kite App Download Andriod Download
iPhone Mobile App (IOS) Yes Yes Yes
iOS App Download iOS TICK PRO Download iOS Zerodha Kite App Download iOS Fyers 2.0 Mobile App 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 Zerodha Equity Intraday and Delivery Brokerage Calculator for Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for Zerodha Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for Zerodha Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for zerodha Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Reliance Securities vs Zerodha vs Fyers on User Rating

  Reliance Securities Zerodha Fyers
  52 Customer Reviews    Rate Reliance Securities 160 Customer Reviews    Rate Zerodha 11 Customer Reviews    Rate Fyers
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 Fyers is Rated 3.2 / 5 based on 11 customer reviews
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Investment Offerings

Compare Reliance Securities vs Zerodha vs Fyers on Investment Offerings

Compare Reliance Securities vs Zerodha vs Fyers 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 Fyers doesn't offers PMS facility.

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

Compare Reliance Securities vs Zerodha vs Fyers on Order Types

Order Type - Compare Reliance Securities vs Zerodha vs Fyers 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 and Fyers provides Bracket Orders (BO) facility where Zerodha 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 Fyers offers Good Till Cancelled (GTC) orders facility where Reliance Securities doesn't provides GTC.

Order Types - Compare Reliance Securities vs Zerodha vs Fyers
Order Type Compare Reliance Securities Zerodha Fyers
CNC order Yes Yes Yes
MIS order Yes Yes Yes
NRML order Yes Yes Yes
Cover order Yes Yes Yes
Bracket order Yes No Yes
AMO-After Market Orders Yes Yes Yes
GTC-Good Till Cancelled No Yes Yes
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Customer Service Offered

Compare Reliance Securities vs Zerodha vs Fyers on Customer Service

Compare Reliance Securities vs Zerodha vs Fyers 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 Zerodha vs Fyers
Customer Service Compare Reliance Securities Zerodha Fyers
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 No No
Through Branches Yes Yes No
Customer Care Number 022 41596000 | 022 62436000 "+ 91 80 4040 2020" 08060001111
Account Opening Process Online/Paperless Online/Paperless 100% online and paperless proc
Customer Support Email [email protected] [email protected] [email protected]
Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://zerodha.com/varsity/ https://fyers.in/school-of-stocks/
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
Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore - 560009
Website https://www.reliancesmartmoney.com https://zerodha.com/ https://fyers.in/
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Tips/Research/Reports Published

Compare Reliance Securities vs Zerodha vs Fyers on Research Reports, Tips

Compare Reliance Securities vs Zerodha vs Fyers on research reports and tips provided by broker.

Research Reports - Compare Reliance Securities vs Zerodha vs Fyers
  Reliance Securities Zerodha Fyers
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 Yes
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Demat Account

Compare Reliance Securities vs Zerodha vs Fyers on Demat Account

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

Demat Charges - Compare Reliance Securities vs Zerodha vs Fyers
  Reliance Securities Zerodha Fyers
DP Source CDSL CDSL CDSL
DP ID 41400 81600 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹300 pa ₹300 pa Free
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 ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹5 per certificate + ₹30 request charges ₹150 per certificate + ₹100 courier charges ₹0
Remat ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges ₹150 per certificate + ₹100 courier charges + CDSL Charges ₹0
Pledge Creation 0.05% of transaction value (Min ₹30) ₹20 + ₹12 CSDL charges Nil
Pledge Creation Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Closure 0.05% of transaction value (Min ₹30) ₹20 + ₹12 CSDL charges Nil
Pledge Closure Confirmation 0.05% of transaction value (Min ₹30) Nil Nil
Pledge Invocation 0.05% of transaction value (Min ₹30) ₹20 Nil
Failed Instruction Charges Nil ₹50 per instraction Nil
Other Charges Nil Nil Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs Zerodha vs Fyers on Special Offers and Promotion

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

Compare Reliance Securities vs Zerodha vs Fyers on Special Offers and Promotion
  Reliance Securities Zerodha Fyers
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 via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Max 24 hrs except bank holidays Max 24 hrs except for bank holidays Up to 24 Hrs except for Bank Holidays.
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). 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
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
Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
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...

You will enjoy many benefits or advantages while trading with Zerodha;

  • Rs 0 brokerage on investment in stocks
  • Flat Rs 20 intraday and F&O trades
  • Invest in direct mutual funds for free
  • Instant and paperless account opening and closure
  • Mainboard and SME IPO Apply via UPI
  • Modern platforms and apps for free of cost
  • Varsity, a free stock market learning platform
  • No upfront fee required
  • Advance orders; Basket order, Cover order (CO), After market order, GTT, etc.
  • Zero-level Debt Company.

Detail Review...

  • Trade on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

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...

  • No intraday tips, equity research and advisory
  • No unlimited zero brokerage plan for intraday traders
  • No 3-in-1 account
  • Software glitches in Kite happens at certain times.
  • No Installable trading terminal
  • Zerodha has a separate platform for every investment product i.e., Kite for stocks, coin for mutual fund, Golden Pi for bonds, etc.

Detail Review...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

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