Reliance Securities Vs Axis Direct

The brokerage of Reliance Securities Limited ranges between 0.04 - 0.4% while the brokerage of Axis Direct ranges between 0.05% to 0.5%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5.

Here we present 1 on 1 comparison of Reliance Securities Limited vs Axis Direct share brokers in India. The comparison is based on more than 50 attributes for clear decision making.To be precise, we have compared Reliance Securities vs Axis Direct's on brokerage plans,Plan types,customer service, maintenance fees, tools, rating, reviews,trading features and investment options provided to Indian share market investors.This will help you in make up your mind and clear things for you so that you can choose the best broker for youself.

Compare Reliance Securities Limited vs Axis Direct - Broker type and exchange supported
  Reliance Securities Limited Logo
Reliance Securities Limited
Axis Direct Logo
Axis Direct
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE BSE, NSE
Broker Overview From best in class research to competitive Brokerage Plan to exclusive reward Program, Reliance Securities earns the position of India's one of the best leading retail broking houses. Since its inception in 2005, Axis Securities Limited aims to become a leading player in the Retail Brokering Industry. The Broker is engaged in the business of marketing and selling of financial products of the Axis Bank Limited.
Broker Enquiry Open an Online Trading Account with Reliance Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Axis Direct. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

Compare Reliance Securities Limited vs Axis Direct - Trading and Demat Account Charges
  Reliance Securities Limited Axis Direct
Trading Account Opening Fees Reliance Securities Limited vs Axis Direct - Trading Account Opening Fees Rs 950 Rs 999
Trading AMC Reliance Securities Limited vs Axis Direct - Trading Account AMC Free Free
Demat Account Opening Fees Reliance Securities Limited vs Axis Direct - Demat Account Opening Fees Free Rs 650
Demat AMC Reliance Securities Limited vs Axis Direct - Demat Account AMC Rs 300 PA Rs 650 PA
Provide DP Service Reliance Securities Limited vs Axis Direct - Damat Account Mandatory Yes Yes
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About Brokerage Plans

Compare Reliance Securities Limited vs Axis Direct - Plan Options
  Reliance Securities Limited Axis Direct
Multiple Plans What is this parameter? Yes Yes
Monthly Plans Reliance Securities Limited vs Axis Direct - Monthly Brokerage Plan No No
Yearly Plans Reliance Securities Limited vs Axis Direct - Yearly Brokerage Plan No No
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Contact Broker / Request A Call Back

  Reliance Securities Limited Axis Direct
Contact / Request Call Back
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Brokerage Charges

Compare Reliance Securities Limited vs Axis Direct - Brokerage Charges
  Reliance Securities Limited Axis Direct
Plan Name Reliance Securities Limited vs Axis Direct - R-FIXED Online Fixed Brokerage Plan
Plan Description Reliance Securities Limited vs Axis Direct - This is online plan from Reliance Security. Its fix brokerage plan where you dont need any dealer support. Fixed Plan Brokerage is simple and easy to understand. Axis Direct is right in line with its closest full-service competitors. Its .50% for equity trades is slightly less expensive than ICICI (.55%) while same as Kotak, HDFC and SBI (.50%).
Equity Delivery Reliance Securities Limited vs Axis Direct - Cash Delivery Brokerage 0.4% or 40 paisa 0.5% or 50 paisa
Equity Intraday Reliance Securities Limited vs Axis Direct - Cash Intraday Brokerage 0.04% or 4 paisa 0.05% or 5 paisa
Equity Futures Reliance Securities Limited vs Axis Direct - F&O Segment - Futures Brokerage 0.04% or 4 paisa 0.05% or 5 paisa
Equity Options Reliance Securities Limited vs Axis Direct - F&O Segment - Options Brokerage Rs 100 Per Lot Rs 10 Per Lot
Currency Futures Reliance Securities Limited vs Axis Direct - Currency Futures Trading Brokerage 0.04% or 4 paisa 0.05% or 5 paisa
Currency Options Reliance Securities Limited vs Axis Direct - Currency Options Trading Brokerage Rs 100 Per Lot Rs 20 Per Lot
Commodity Trading Reliance Securities Limited vs Axis Direct - Commodity Trading Brokerage 0.04% or 4 paisa NA
Minimum Brokerage Reliance Securities Limited vs Axis Direct - 5 paise per share
Hidden Charges Reliance Securities Limited vs Axis Direct - Hidden Charges No No
Funding Reliance Securities Limited vs Axis Direct - Funding Interest Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Reliance Securities Limited vs Axis Direct - Call & Trade Charges Free First 20 call PM and Rs 20 their onwards. 20 calls Free and after that Rs 20 per call
Brokerage Calculator Brokerage Calculator for Reliance Securities Limited Brokerage Calculator for Axis Direct
SPAN Margin Calculator SPAN Margin Calculator for Reliance Securities Limited SPAN Margin Calculator for Axis Direct
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Share Broker's Transaction/Turnover Charges

Compare Reliance Securities Limited vs Axis Direct - Transaction/Turnover Charges
  Reliance Securities Limited Axis Direct
Equity Delivery Reliance Securities Limited vs Axis Direct - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Reliance Securities Limited vs Axis Direct - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Reliance Securities Limited vs Axis Direct - Equity Futures Transaction Charges Rs 190 Per Cr Rs 190 Per Cr
Equity Options Reliance Securities Limited vs Axis Direct - Equity Options Transaction Charges Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Reliance Securities Limited vs Axis Direct - Rs 110 Per Cr Rs 100 Per Cr
Currency Options Reliance Securities Limited vs Axis Direct - Rs 4000 Per Cr Rs 4000 Per Cr
Commodity Reliance Securities Limited vs Axis Direct - Commodity Transaction Charges Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for reliance-securities Complete Brokerage Plans for AxisDirect
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Trading Features

Compare Reliance Securities Limited vs Axis Direct - Trading Feature and platform
  Reliance Securities Limited Axis Direct
3 in 1 Account Reliance Securities Limited vs Axis Direct - Account Type? No Reliance Securities Limited have 2-in-1 account. Only Demate and Trading account. Yes, Reliance Securities Limited have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Reliance Securities Limited vs Axis Direct - Advance Charting Yes Yes
Algo Trading Reliance Securities Limited vs Axis Direct - Algo Trading No No
SMS Alerts Reliance Securities Limited vs Axis Direct - SMS Alerts Yes Yes
Online Demo Reliance Securities Limited vs Axis Direct - Online Demo Yes Yes
Online Portfolio Reliance Securities Limited vs Axis Direct - Portfolio Service Yes Yes
Margin Trading Funding Available Reliance Securities Limited vs Axis Direct - Margin Funding Yes Yes
Combined Ledger for Equity and Commodity Reliance Securities Limited vs Axis Direct - Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time Reliance Securities Limited vs Axis Direct - Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Reliance Securities Limited vs Axis Direct - NRI Trading Yes Yes
Other Features Reliance Securities Limited vs Axis Direct - Mobile Application: Rmobile Xpress
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Trading Platform

Compare Reliance Securities Limited vs Axis Direct - Trading Platform
  Reliance Securities Limited Axis Direct
Desktop Trading Platform Reliance Securities Limited vs Axis Direct - Trading terminal InstaXpress DIRECTTrade
Desktop Demo Reliance Securities Limited vs Axis Direct - Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Reliance Securities Limited vs Axis Direct - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) Reliance Securities Limited vs Axis Direct - MAC Trading Terminal No No
Web Trading Platform Reliance Securities Limited vs Axis Direct - Web Trading Platform Yes Yes
Web Trading Detail Reliance Securities Limited vs Axis Direct - Trading Website http://tick.rsec.co.in/ https://login.axisdirect.in/
Web Trading Demo Reliance Securities Limited vs Axis Direct - Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Reliance Securities Limited vs Axis Direct - Trading Site for Mobile Yes Yes
Mobile Trading Reliance Securities Limited vs Axis Direct - Mobile App Yes Yes
Mobile Trading App Reliance Securities Limited vs Axis Direct - Name Of Mobile App TICK PRO AxisDirect Mobile
Mobile Trading App Demo Reliance Securities Limited vs Axis Direct - Name Of Mobile App TICK PRO Demo AxisDirect Mobile Demo
Android Mobile App Reliance Securities Limited vs Axis Direct - Android Mobile App Yes Yes
Android App Download Reliance Securities Limited vs Axis Direct - Mobile App Download Andriod TICK PRO Download Andriod AxisDirect Mobile Download
iPhone Mobile App (IOS) Reliance Securities Limited vs Axis Direct - Yes Yes
iOS App Download Reliance Securities Limited vs Axis Direct - Mobile App Download iOS TICK PRO Download iOS AxisDirect Mobile Download
Android Tablet App Reliance Securities Limited vs Axis Direct - Android Tablet App Yes Yes
iPad App (IOS) Reliance Securities Limited vs Axis Direct - Yes Yes
Trading Software Charges Reliance Securities Limited vs Axis Direct - Trading Software Charges Free Yes, DirectTrade - Rs 2999 PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Limited Equity Intraday and Delivery Brokerage Calculator for Axis Direct
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Limited Futures Brokerage Calculator for Axis Direct
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Limited Options Brokerage Calculator for Axis Direct
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for AxisDirect

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Broker Ratings by Users

Compare Reliance Securities Limited vs Axis Direct - Rating
  Reliance Securities Limited Axis Direct
  52 Customer Reviews    Rate Reliance Securities 4 Customer Reviews    Rate Axis Direct
Fees Ratings 3.5 3.0
Trading Brokerage Rating 3.4 2.5
Trading Platform Usability 3.3 2.8
Customer Service Ratings 3.4 2.8
Overall Ratings Rated 3.4 stars Rated 2.8 stars
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews Axis Direct is Rated 2.8 / 5 based on 4 customer reviews
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Investment Services

Compare Reliance Securities Limited vs Axis Direct - Investment Options
  Reliance Securities Limited Axis Direct
Equity Cash and F&O Reliance Securities Limited vs Axis Direct - Equity and Equity derivatives Yes Yes
Currency Deravitives Reliance Securities Limited vs Axis Direct - Currency Trading Yes Yes
Commodity Reliance Securities Limited vs Axis Direct - Commodity Trading Yes Yes
Online IPO Application Reliance Securities Limited vs Axis Direct - Online IPO Investment No Yes
Mutual Funds Reliance Securities Limited vs Axis Direct - Online Mutual Funds Investment Yes Yes
Bond / NCD Reliance Securities Limited vs Axis Direct - Bonds and NCD Yes Yes
ETF Reliance Securities Limited vs Axis Direct - ETF Yes Yes
Banking Reliance Securities Limited vs Axis Direct - Banking Service No Yes
Insurance Reliance Securities Limited vs Axis Direct - Insurance Service Yes Yes
Forex Reliance Securities Limited vs Axis Direct - Forex Trading No No
MF SIP Investment Reliance Securities Limited vs Axis Direct - Mutual Fund SIP Yes Yes
Equity SIP Investment Reliance Securities Limited vs Axis Direct - Equity SIP Yes Yes
PMS Service Reliance Securities Limited vs Axis Direct - Portfolio Management Services (PMS) Yes No
Algo Trading Reliance Securities Limited vs Axis Direct - Algo Trading Yes No
Other Investment Options Reliance Securities Limited vs Axis Direct -
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Order Types

Compare Reliance Securities Limited vs Axis Direct - Order Types
  Reliance Securities Limited Axis Direct
CNC Ordre Reliance Securities Limited vs Axis Direct - CNC Order Yes Yes
MIS Ordre Reliance Securities Limited vs Axis Direct - MIS Order Yes Yes
NRML Ordre Reliance Securities Limited vs Axis Direct - NRML Order Yes Yes
Cover Ordre Reliance Securities Limited vs Axis Direct - Cover Order Yes Yes
Bracket Ordre Reliance Securities Limited vs Axis Direct - Bracket Order Yes No
AMO-After Market Orders Reliance Securities Limited vs Axis Direct - After market Orders Yes Yes
GTC-Good Till Cancelled Reliance Securities Limited vs Axis Direct - GTC Orders Yes Yes
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Margin/Leverage

Compare Reliance Securities Limited vs Axis Direct - Margin/Leverage
  Reliance Securities Limited Axis Direct
Equity Delivery Margin Reliance Securities Limited vs Axis Direct - Equity Delivery Margin Upto 4x via Margin Funding. Upto 4x via Margin Funding for T+30 days
Equity Intraday Margin Reliance Securities Limited vs Axis Direct - Equity Intraday Margin Upto 10x leverage for equity. Upto 6x leverage for equity.
Futures Margin Reliance Securities Limited vs Axis Direct - Futures Margin Upto 2x leverage for futures. Upto 2x leverage for futures.
Options Margin Reliance Securities Limited vs Axis Direct - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Reliance Securities Limited vs Axis Direct - Equity CO Margin Upto 15x margin/leverage in CO order for selected equity scripts. Upto 25x margin/leverage in CO for selected equity scripts.
Futures CO Margin Reliance Securities Limited vs Axis Direct - Futures CO Margin Upto 15x margin/leverage in CO order for Futures contracts. Upto 25x margin/leverage in CO.
Options CO Margin Reliance Securities Limited vs Axis Direct - Options CO Margin Upto 15x margin/leverage in CO order for options Contracts Sell only. Upto 50x margin/leverage in CO, Options contracts Sell only.
Commodity Margin Reliance Securities Limited vs Axis Direct - Commodity Margin Complete SPAN is required. Upto 2x margin/leverage for Commdities Intraday Futures.
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Customer Service Offered

Compare Reliance Securities Limited vs Axis Direct - Customer Service Offerance
  Reliance Securities Limited Axis Direct
24/7 Customer Service Reliance Securities Limited vs Axis Direct - 24x7 customer support No No
Email Support Reliance Securities Limited vs Axis Direct - Email Support Yes Yes
Onine Live Chat Reliance Securities Limited vs Axis Direct - Onine Live Chat Yes Yes
Phone Support Reliance Securities Limited vs Axis Direct - Phone Support Yes Yes
Toll Free Number Reliance Securities Limited vs Axis Direct - Toll Free Number Yes Yes
Through Branches Reliance Securities Limited vs Axis Direct - Through Branches Yes Yes
Customer Care Number Reliance Securities Limited vs Axis Direct - Customer Care Number 022 39886000 022-61480808
Account Opening Process Reliance Securities Limited vs Axis Direct - Account Opening Process Paperless 49200
Customer Support Email Reliance Securities Limited vs Axis Direct - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Reliance Securities Limited vs Axis Direct - Knowledge Center/Education https://www.5paisa.com/knowledge-centre https://simplehai.axisdirect.in/learn/overview
Head Office Address Reliance Securities Limited vs Axis Direct - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Website Reliance Securities Limited vs Axis Direct - Company Website https://www.reliancesmartmoney.com https://simplehai.axisdirect.in
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Tips/Research/Reports Published

Compare Reliance Securities Limited vs Axis Direct - Research, Tips Reports
  Reliance Securities Limited Axis Direct
Research Mutual Funds Reliance Securities Limited vs Axis Direct - Research Mutual Funds Yes Yes
Research Equity Reports Reliance Securities Limited vs Axis Direct - Research Equity Reports Yes Yes
Research ETF Reliance Securities Limited vs Axis Direct - Research ETF Yes Yes
Daily Market Report Reliance Securities Limited vs Axis Direct - Daily Market Report Yes Yes
Free Tips Reliance Securities Limited vs Axis Direct - Free Tips Yes Yes
Quarterly Result Analysis Reliance Securities Limited vs Axis Direct - Quarterly Results Yes Yes
News Alerts Reliance Securities Limited vs Axis Direct - Yes Yes
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Demat Account

Compare Reliance Securities Limited vs Axis Direct - Demat Account
  Reliance Securities Limited Axis Direct
DP Source CDSL CDSL
DP ID Reliance Securities Limited vs Axis Direct - DP ID 41400 49200
Demat Account Annual Maintenance Charges(AMC) AMC levied on monthly basis. BSDA-(Only for Individual having one demat account):-A)If Holding value at any date is not greater than Rs.50,000/- Nil charges B)If Holding value at any date between Rs. 50001/-toRs 200000/-Rs100.Regular Demat Account (non BSDA):A)For Individual /HUFs / Trust :-Accounts activated prior to Sep 01 2015-Rs. 300/- Accounts activated on or after Sep 01 2015-Rs.400/- B)For NRIs/Foreign Nationals:-Nil,C)For Corporate / Other Non Individuals:Rs 1000/,LifeTime Free AMC(NEW),For Individual/HUFs/Trust(refundable Deposit of Rs 2500/-) Rs. 650/- p.a for Ind Rs. 1000/- for NRI p.a and corporates Rs 5000/ p.a for promoter
Advance Deposit Nil Nil
Statutory charges Nil NIL
Transaction Charges on Debit (Per ISIN) For Instruction given in physical form:- Rs. 0.04% of Transaction value or minimum of Rs. 27/- per ISIN For Instruction received through Internet / online trading through Reliance Securities Ltd. Rs. 0.04% of Transaction value or minimum of Rs. 27/- per ISIN 0.04% of the value of the transaction or Rs. 25- (per Instruction) whichever is higher for securities
Demat Rs. 30/- per request extra Rs. 5/- for each certificate Rs. 5/- per certificate or Rs. 50/- per request, whichever is higher
Remat Rs.40/- for 100 securities or part thereof or a flat fee of Rs.25/- per certificate which ever is higher in addition to Regd. post charges, subject to minimum Rs.25/-. Rs.20/- for every 100 securities or part there of or Rs.50/- per request, whichever is higher
Pledge Creation Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Creation Confirmation Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Closure Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Closure Confirmation Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Pledge Invocation Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN 0.04% of the value of the transaction or Rs. 50/ (per Instruction) whichever is higher
Failed Instruction Charges Nil Nil
Other Charges Additional Account Statements for Individuals/HUFs/ Corporate Rs. 40/- per Statement. For NRI / Foreign Nationals Rs. 100/- per statement. Additional physical account statement for NRI/Foreign Nationals having corresponding address outside India. Rs. 1000/- per statement. Physical Statement (for BSDA client) Rs.25/- per statement. Any change in client master detail will be charged Rs 25/-

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Special Offers,Advantages,Disadvantages

Compare Reliance Securities Limited vs Axis Direct - Special Offers and Promotion
  Reliance Securities Limited Axis Direct
Pay In and Pay Out Options Reliance Securities Limited vs Axis Direct - 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 from Axis Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Payout Time Reliance Securities Limited vs Axis Direct - Payout Time Max 24 hrs except bank holidays Instance to Axis Bank.
Bank Supported and Charges Reliance Securities Limited vs Axis Direct - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Direct from your Axis bank account.
Likes
  • Big margin and option to pay within t+5 days.
  • Dedicated research team.
  • Site wide quote bar.

More Advantages...

Seamless trade through 3 in 1 account, quality research, intutitive and powerful trading tools, robust trading platforms.

More Advantages...

Dislikes
  • Commodity trading not available.
  • Not a 3 in 1 account.
  • Average customer service.
  • Lots of hidden charges.

More Disadvantages...

doesn’t offer services to trade in commodity and currency segment, pay for software usage.

More Disadvantages...

Special Offers/Promo
Enquire about Reliance Securities Enquire about Axis Direct

Free Direct Mutual Fund Investment

Free Delivery trading


Max Rs 20 Per Trade for Equity Intraday, F&O, Currency & Commodity
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Rs 0 account opening fee on Online Trading and a Demat Account
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High Leverage


Max Rs 20 Per Trade for Equity Intraday, F&O, Currency & Commodity
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Flat Fee - Rs 15 Per Trade


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