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Reliance Securities Vs TradeSmart: Which one is better?

Both the brokers are registered with SEBI. Reliance Securities offers investmenet in Equity, F&O and Currency only, where TradeSmart offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Reliance Securities Max 0.05 - 0.50% per trade while the brokerage of TradeSmart ranges between Rs 15. Reliance Securities is a Full Service Broker where TradeSmart is a Discount Broker. Reliance Securities is having overall lower rating compare to TradeSmart. Reliance Securities is rated only 3.5 out of 5 where TradeSmart is rated 4 out of 5. Number of active customer for Reliance Securities is 74,770 where number of active customer for TradeSmart is 29,627. Reliance Securities is serving more customer compare to TradeSmart.

Here we present side-by-side comparison of Reliance Securities vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Reliance Securities vs TradeSmart'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 Reliance Securities vs TradeSmart share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Reliance Securities vs TradeSmart's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

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.

Compare Reliance Securities vs TradeSmart on Service

  Reliance Securities Compare
Reliance Securities
TradeSmart Compare
TradeSmart
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 74,770 29,627
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 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
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Account Opening Charges and AMC

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

Comparison of Reliance Securities with TradeSmart on trading & demat account opening charges and AMC. Trading account opening charges - Reliance Securities charges Rs 950 for account opening where TradeSmart charges Rs 200 for account opening. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account where TradeSmart charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities with TradeSmart
Charges Reliance Securities TradeSmart
Trading Account Opening Fees Rs 950 Rs 200
Trading AMC Free Free
Demat Account Opening Fees Free Rs 200
Demat AMC Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Reliance Securities vs TradeSmart on Plan Options

Plans are the most important feature you look when compare Reliance Securities with TradeSmart. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Reliance Securities with TradeSmart on Plan Options
Plan Types Reliance Securities TradeSmart
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Reliance Securities vs TradeSmart on 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.

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 with TradeSmart
Brokerage Charges Compare Reliance Securities TradeSmart
Plan Name R-FIXED Online Brokerage Plan (Percentage Based) Flat Fee Rs 15 Trading Plan (Power Plan)
Equity Delivery 0.50% Flat Fee Rs 15
Equity Intraday 0.05% Flat Fee Rs 15
Equity Futures 0.05% Flat Fee Rs 15
Equity Options Rs 100 Per Lot Flat Fee Rs 15
Currency Futures 0.05% Flat Fee Rs 15
Currency Options Rs 100 Per Lot Flat Fee Rs 15
Commodity Trading Future: 0.05%| Options: Rs 100 per lot Flat Fee Rs 15
Minimum Brokerage 5 paise per share NIL
Hidden Charges No No
Funding Yes - 18% interest PA No
Call & Trade Charges Rs 20 per call (Free First 20 call per month) Rs 20 per executed Order
Auto Square off Charges Free First 20 call PM and Rs 20 their onwards. Rs 20 per executed Order
Brokerage Calculator Brokerage Calculator for Reliance Securities Brokerage Calculator for TradeSmart
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Share Broker's Transaction Charges

Compare Reliance Securities vs TradeSmart on Transaction Charges

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

Transaction Charges - Compare Reliance Securities with TradeSmart
Transaction Charges Compare Reliance Securities TradeSmart
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for trade-smart-online
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Account Features

Compare Reliance Securities vs TradeSmart on Account Features

Compare Reliance Securities with TradeSmart 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 - TradeSmart offers Algo Trading where Reliance Securities doesn't offers Algo Trading. Margin Funding - Reliance Securities offers a margin funding where TradeSmart doesn't offers margin funding. NRI Trading - Reliance Securities offers NRI where TradeSmart doesn't offers NRI Trading.

Account Features - Reliance Securities with TradeSmart
Account Features Compare Reliance Securities TradeSmart
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.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features Mobile Application: Rmobile Xpress NIL
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Trading Platform

Compare Reliance Securities vs TradeSmart on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities and TradeSmart. 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 Reliance Securities with TradeSmart
Trading Platform Compare Reliance Securities TradeSmart
Desktop Trading Platform InstaXpress NEST Trader & Fox Trader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://tick.rsec.co.in/ https://sine.tradesmartonline.in/userMaster/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App TICK PRO Sine
Mobile Trading App Demo TICK PRO Demo Sine Demo
Android Mobile App Yes Yes
Android App Download Andriod TICK PRO Download Andriod Sine Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS TICK PRO Download iOS Sine Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Equity Intraday and Delivery Brokerage Calculator for TradeSmart
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Futures Brokerage Calculator for TradeSmart
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Options Brokerage Calculator for TradeSmart
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for trade-smart-online

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Broker Ratings by Users

Compare Reliance Securities vs TradeSmart on User Rating

  Reliance Securities TradeSmart
  52 Customer Reviews    Rate Reliance Securities 34 Customer Reviews    Rate TradeSmart
Fees Ratings 3.5 3.9
Trading Brokerage Rating 3.4 4.4
Trading Platform Usability 3.3 3.7
Customer Service Ratings 3.4 4.0
Overall Ratings 3.4 4.0
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews TradeSmart is Rated 4.0 / 5 based on 34 customer reviews
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Investment Offerings

Compare Reliance Securities vs TradeSmart on Investment Offerings

Compare Reliance Securities with 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 - 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 - Reliance Securities offers online mutual fund investment option where TradeSmart doesn't offer. Portfolio Management Services (PMS) - Reliance Securities provide PMS Service where TradeSmart doesn't offer

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

Compare Reliance Securities vs TradeSmart on Order Types

Order Type - Compare Reliance Securities with TradeSmart 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) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare Reliance Securities vs TradeSmart on Customer Service

Compare Reliance Securities with TradeSmart 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 Support - Compare Reliance Securities with TradeSmart
Customer Service Compare Reliance Securities TradeSmart
24/7 Customer Service Reliance Securities vs TradeSmart - 24x7 customer support No No
Email Support Reliance Securities vs TradeSmart - Email Support Yes Yes
Onine Live Chat Reliance Securities vs TradeSmart - Onine Live Chat Yes Yes
Phone Support Reliance Securities vs TradeSmart - Phone Support Yes Yes
Toll Free Number Reliance Securities vs TradeSmart - Toll Free Number Yes No
Through Branches Reliance Securities vs TradeSmart - Through Branches Yes No
Customer Care Number Reliance Securities vs TradeSmart - Customer Care Number 022 41596000 | 022 62436000 022 61208000
Account Opening Process Reliance Securities vs TradeSmart - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Reliance Securities vs TradeSmart - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities vs TradeSmart - Knowledge Center/Education https://www.reliancesmartmoney.com/Insights https://help.tradesmartonline.in/
Head Office Address Reliance Securities vs TradeSmart - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Trade Smart Online,
A-401, Mangalya,
Marol Maroshi Road,
Andheri East,
Gamdevi, Marol,
Andheri East,
Mumbai, MH 400059
Website Reliance Securities vs TradeSmart - Company Website https://www.reliancesmartmoney.com https://tradesmartonline.in/
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Tips/Research/Reports Published

Compare Reliance Securities vs TradeSmart on Research Reports, Tips

Compare Reliance Securities with TradeSmart on research reports and tips provided by the broker.

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

Compare Reliance Securities vs TradeSmart on Demat Account

Compare Reliance Securities with TradeSmart 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 TradeSmart is ₹300 pa where for Reliance Securities is ₹300 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 Reliance Securities is 0.04% (Min ₹27) + CDSL charges where for TradeSmart is ₹25.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

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

Compare Reliance Securities vs TradeSmart on Special Offers and Promotion

Compare Reliance Securities with TradeSmart on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Reliance Securities vs TradeSmart on Special Offers and Promotion
  Reliance Securities TradeSmart
Pay In and Pay Out Options Reliance Securities vs TradeSmart - 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 SIGN Mobile, SIGN Web and NEST Software.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Reliance Securities vs TradeSmart - Payout Time Max 24 hrs except bank holidays Up to 24 Hrs except Bank Holidays.
Bank Supported and Charges Reliance Securities vs TradeSmart - Bank Supported and Charges Info Not Available Around 28 banks allow instant credit facility(Payment Gateway) with charges of Rs 8 + GST from TradeSmart trading platforms.
Bank Detail RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
VNS Finance and Capital Services Ltd.,
Account Number:VNS095XXXXXXX
Bank and Branch: Yes Bank,CMS National Operating Centre MMR
Account Type: Current Account
IFSC Code: YESB0CMSNOC
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...

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 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 Free Account Opening, Rs 400 Waived for a limited time.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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