FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Both the brokers are registered with SEBI. IIFL Securities offers investmenet in Equity, F&O, Currency and Commodities, where Reliance Securities offers investment in Equity, F&O and Currency only. The brokerage of IIFL Securities ranges between Rs 20 while the brokerage of Reliance Securities ranges between 0.05 - 0.50%. Both the brokers are Full Service brokers. IIFL Securities is having overall higher rating compare to Reliance Securities. IIFL Securities is rated 4 out of 5 where Reliance Securities is rated only 3.5 out of 5. Number of active customer for IIFL Securities is 4,37,829 where number of active customer for Reliance Securities is 74,770. IIFL Securities is serving more customer compare to Reliance Securities.
Here we present side-by-side comparison of IIFL Securities vs Reliance Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared IIFL Securities vs Reliance Securities's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.
Here we present side-by-side comparison of IIFL Securities vs Reliance Securities share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.
To be precise, we have compared IIFL Securities vs Reliance Securities's on
This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.
Comparison of IIFL Securities with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - IIFL Securities offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account where Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account.
Charges | IIFL Securities | Reliance Securities |
---|---|---|
Trading Account Opening Fees | Free | Rs 950 |
Trading AMC | Free | Free |
Demat Account Opening Fees | Free | Free |
Demat AMC | Rs 250 PA (Free for 1st year) | Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) |
Provide DP Service |
Plans are the most important feature you look when compare IIFL Securities with Reliance Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Reliance Securities provides Multiple Plans where IIFL Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.
Plan Types | IIFL Securities | Reliance Securities |
---|---|---|
Multiple Plans | ||
Monthly Plans | ||
Yearly Plans |
IIFL Securities | Zerodha | |
---|---|---|
Account Opening Request |
IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.
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.
Brokerage Charges Compare | IIFL Securities | Reliance Securities |
---|---|---|
Plan Name | IIFL iSERVE Brokerage Plan | R-FIXED Online Brokerage Plan (Percentage Based) |
Equity Delivery | Flat Rs 20 per order | 0.50% |
Equity Intraday | Flat Rs 20 per order | 0.05% |
Equity Futures | Flat Rs 20 per order | 0.05% |
Equity Options | Flat Rs 20 per order | Rs 100 Per Lot |
Currency Futures | Flat Rs 20 per order | 0.05% |
Currency Options | Flat Rs 20 per order | Rs 100 Per Lot |
Commodity Trading | Flat Rs 20 per order | Future: 0.05%| Options: Rs 100 per lot |
Minimum Brokerage | NIL | 5 paise per share |
Hidden Charges | Info Not Available | No |
Funding | Yes - 18% interest PA | Yes - 18% interest PA |
Call & Trade Charges | Rs 50 Per Call + GST | Rs 20 per call (Free First 20 call per month) |
Auto Square off Charges | Rs 50 Per Call + GST | Free First 20 call PM and Rs 20 their onwards. |
Brokerage Calculator | Brokerage Calculator for IIFL Securities | Brokerage Calculator for Reliance Securities |
Compare IIFL Securities with Reliance Securities on transaction charges and PCM fee by segment.
Transaction Charges Compare | IIFL Securities | Reliance Securities |
---|---|---|
Equity Delivery | 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 |
Equity Futures | 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 |
Currency Futures | 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 |
Commodity | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr |
Brokerage Charges | Complete Brokerage Plans for iifl-securities | Complete Brokerage Plans for reliance-securities |
Compare IIFL Securities with Reliance Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.
Account Features Compare | IIFL Securities | Reliance Securities |
---|---|---|
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 |
NRI Trading | ||
Other Features | NIL | Mobile Application: Rmobile Xpress |
With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities and Reliance Securities. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.
Trading Platform Compare | IIFL Securities | Reliance Securities |
---|---|---|
Desktop Trading Platform | IIFL Trader terminal | InstaXpress |
Desktop Demo | Desktop Demo | Desktop Demo |
Desktop Platform (Windows) | ||
Desktop Platform (Mac) | ||
Web Trading Platform | ||
Web Trading Detail | https://ttweb.indiainfoline.com | http://tick.rsec.co.in/ |
Web Trading Demo | Info Not Available | Web Trading Demo |
Mobile Site | ||
Mobile Trading | ||
Mobile Trading App | IIFL Markets | TICK PRO |
Mobile Trading App Demo | IIFL Markets Demo | TICK PRO Demo |
Android Mobile App | ||
Android App Download | Andriod IIFL Markets Download | Andriod TICK PRO Download |
iPhone Mobile App (IOS) | ||
iOS App Download | iOS IIFL Markets Download | iOS TICK PRO Download |
Android Tablet App | ||
iPad App (IOS) | ||
Trading Software Charges | Free | Free |
Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for IIFL Securities | Equity Intraday and Delivery Brokerage Calculator for Reliance Securities |
Futures Brokerage Calculator | Futures Brokerage Calculator for IIFL Securities | Futures Brokerage Calculator for Reliance Securities |
Options Brokerage Calculator | Options Brokerage Calculator for IIFL Securities | Options Brokerage Calculator for Reliance Securities |
Detail | Detail on Trading Platforms for iifl-securities | Detail on Trading Platforms for reliance-securities |
Compare IIFL Securities with Reliance Securities 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 - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.
Investment Offerings Compare | IIFL Securities | Reliance Securities |
---|---|---|
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 |
Order Type - Compare IIFL Securities with Reliance Securities on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an 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) where IIFL Securities doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- IIFL Securities offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.
Order Type Compare | IIFL Securities | Reliance Securities |
---|---|---|
CNC order | ||
MIS order | ||
NRML order | ||
Cover order | ||
Bracket order | ||
AMO-After Market Orders | ||
GTC-Good Till Cancelled |
Compare IIFL Securities with Reliance Securities on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.
Customer Service Compare | IIFL Securities | Reliance Securities |
---|---|---|
24/7 Customer Service | ||
Email Support | ||
Onine Live Chat | ||
Phone Support | ||
Toll Free Number | ||
Through Branches | ||
Customer Care Number | 022-40071000 | 022 41596000 | 022 62436000 |
Account Opening Process | Online/Paperless | Online/Paperless |
Customer Support Email | [email protected] | [email protected] |
Knowledge Center/Education | https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx | https://www.reliancesmartmoney.com/Insights |
Head Office Address | IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604 |
Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055 |
Website | https://www.indiainfoline.com/ | https://www.reliancesmartmoney.com |
Compare IIFL Securities with Reliance Securities on research reports and tips provided by the broker.
Compare IIFL Securities with Reliance Securities on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.
Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.
Demat AMC for Reliance Securities is ₹300 pa where for IIFL Securities is ₹400 pa.
Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.
Transaction charges on debit of ISIN for IIFL Securities is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) where for Reliance Securities is 0.04% (Min ₹27) + CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.
This section covers about demat charges, demat service and other details
Compare IIFL Securities with Reliance Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
IIFL Securities | Reliance Securities | |
---|---|---|
Pay In and Pay Out Options | Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App. Pay-out/Fund Withdrawal - Bank Transfer only |
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 |
Payout Time | Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999. | Max 24 hrs except bank holidays |
Bank Supported and Charges | Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms. | Info Not Available |
Bank Detail | India Infoline Ltd Account No.:IILEQ1XXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0CMSNOC |
RELIANCE SECURITIES LTD Account No.:9500XXXXXXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001 |
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Special Offers/Promo | ||
Enquiry | Open IIFL Securities Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-09-14T04:42:55+00:00