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HDFC Securities Vs Reliance Securities: Which one is better?

Both the brokers are registered with SEBI. HDFC 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 HDFC Securities ranges between .05 to .5% while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Both the brokers are Full Service brokers. HDFC Securities is having overall higher rating compare to Reliance Securities. HDFC Securities is rated 4 out of 5 where Reliance Securities is rated only 3.5 out of 5. Number of active customer for HDFC Securities is 11,56,837 where number of active customer for Reliance Securities is 1,03,304. HDFC Securities is serving more customer compare to Reliance Securities.

Here we present side-by-side comparison of HDFC 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 HDFC 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 HDFC 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 HDFC 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
  • 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 HDFC Securities vs Reliance Securities on Service

  HDFC Securities Compare
HDFC Securities
Reliance Securities Compare
Reliance Securities
Overall Rating Rated 4 stars Rated 3.5 stars
Brokerage Charges Rated 3 stars Rated 3 stars
Trading Platform Rated 4.5 stars Rated 4 stars
Investments Offering Rated 4.5 stars Rated 4.5 stars
Customer Service Rated 3.5 stars Rated 3 stars
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX NSE, BSE
Active Clients 11,56,837 1,03,304
Broker Overview With over 2 decades of experience, exceptionally great 24/7 customer services, and world-class research & advisory, HDFC Securities has topped the list of the best full-service brokers in India serving above 10 lakh customers. It is a one-stop sh... Know more about HDFC Securities 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.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of HDFC Securities with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - HDFC Securities charges Rs 999 for account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - HDFC Securities charges Rs 750 PA (Waived for 1st year) AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare HDFC Securities with Reliance Securities
Charges HDFC Securities Reliance Securities
Trading Account Opening Fees Rs 999 Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 750 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare HDFC Securities vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare HDFC 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 HDFC Securities doesn't offer. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare HDFC Securities with Reliance Securities on Plan Options
Plan Types HDFC Securities Reliance Securities
Multiple Plans No Yes
Monthly Plans No No
Yearly Plans No No
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Brokerage Charges

Compare HDFC Securities vs Reliance Securities on Brokerage Charges

HDFC Securities Brokerage Plan detail - HDFC Securities have a fixed percentage base brokerage plan, where Minimum brokerage is fixed at Rs 25 Per Order. They are second best in Currency derivatives plan. Equity Intraday & Option prices are on a higher range and Equity Delivery & Future trading is on average brokerage level compared to other full-service brokers.

Reliance Securities Brokerage Plan detail - This is online plan from Reliance Security. Its fix brokerage plan where you dont need any dealer support.

Brokerage Charges - Compare HDFC Securities with Reliance Securities
Brokerage Charges Compare HDFC Securities Reliance Securities
Plan Name Percentage based brokerage plan R-FIXED Online Trading Plan (Percentage Based)
Equity Delivery 0.50% 0.4% or 40 paisa
Equity Intraday 0.05% 0.04% or 4 paisa
Equity Futures 0.05% 0.04% or 4 paisa
Equity Options Higher of 0.1% of Premium or Rs 100 per lot Rs 100 Per Lot
Currency Futures Rs 23 per lot 0.04% or 4 paisa
Currency Options Rs 20 per lot Rs 100 Per Lot
Commodity Trading Rs. 20 per order, Options: Rs. 100 per lot 0.04% or 4 paisa
Minimum Brokerage Rs 25 5 paise per share
Hidden Charges Yes No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Free Free First 20 call PM and Rs 20 their onwards.
Auto Square off Charges Free Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for HDFC Securities Brokerage Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare HDFC Securities vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare HDFC Securities with Reliance Securities
Transaction Charges Compare HDFC Securities Reliance Securities
Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Rs 190 Per Cr Rs 190 Per Cr
Equity Options Rs 5000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 110 Per Cr Rs 110 Per Cr
Currency Options Rs 4000 Per Cr Rs 4000 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for hdfc-securities Complete Brokerage Plans for reliance-securities
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Account Features

Compare HDFC Securities vs Reliance Securities on Account Features

Compare HDFC Securities with Reliance Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Securities offers 3-in-1 account where Reliance Securities offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Reliance Securities offers a margin funding where HDFC Securities doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare HDFC Securities vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC 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 HDFC Securities with Reliance Securities
Trading Platform Compare HDFC Securities Reliance Securities
Desktop Trading Platform ProTerminal InstaXpress
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.hdfcsec.com/ http://tick.rsec.co.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App HDFC securities Mobile TICK PRO
Mobile Trading App Demo HDFC securities Mobile Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod HDFC securities Mobile Download Andriod TICK PRO Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS HDFC securities Mobile Download iOS TICK PRO Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Proterminal - Rs. 2500 (Offer price: Rs. 1500) Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for HDFC Securities Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Securities Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for HDFC Securities Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for hdfc-securities Detail on Trading Platforms for reliance-securities

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Broker Ratings by Users

Compare HDFC Securities vs Reliance Securities on User Rating

  HDFC Securities Reliance Securities
  96 Customer Reviews    Rate HDFC Securities 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 2.4 3.5
Trading Brokerage Rating 2.1 3.4
Trading Platform Usability 3.0 3.3
Customer Service Ratings 2.8 3.4
Overall Ratings Rated 2.4 stars Rated 3.4 stars
Broker Rating HDFC Securities is Rated 2.4 / 5 based on 96 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare HDFC Securities vs Reliance Securities on Investment Offerings

Compare HDFC 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) - Reliance Securities provides PMS Service where HDFC Securities doesn't offer

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

Compare HDFC Securities vs Reliance Securities on Order Types

Order Type - Compare HDFC 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 HDFC 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)- Reliance Securities offers After market orders where HDFC Securities doesn't offers AMO. GTC Orders- HDFC Securities offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

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

Compare HDFC Securities vs Reliance Securities on Customer Service

Compare HDFC 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 Support - Compare HDFC Securities with Reliance Securities
Customer Service Compare HDFC Securities Reliance Securities
24/7 Customer Service HDFC Securities vs Reliance Securities - 24x7 customer support No No
Email Support HDFC Securities vs Reliance Securities - Email Support Yes Yes
Onine Live Chat HDFC Securities vs Reliance Securities - Onine Live Chat Yes Yes
Phone Support HDFC Securities vs Reliance Securities - Phone Support Yes Yes
Toll Free Number HDFC Securities vs Reliance Securities - Toll Free Number No Yes
Through Branches HDFC Securities vs Reliance Securities - Through Branches Yes Yes
Customer Care Number HDFC Securities vs Reliance Securities - Customer Care Number 022-39019400 022 39886000
Account Opening Process HDFC Securities vs Reliance Securities - Account Opening Process Offline Online/Paperless
Customer Support Email HDFC Securities vs Reliance Securities - Customer Support Email [email protected], customer [email protected]
Knowledge Center/Education HDFC Securities vs Reliance Securities - Knowledge Center/Education https://www.hdfcsec.com/products/demolisting/ https://www.5paisa.com/knowledge-centre
Head Office Address HDFC Securities vs Reliance Securities - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website HDFC Securities vs Reliance Securities - Company Website https://www.hdfcsec.com/ https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare HDFC Securities vs Reliance Securities on Research Reports, Tips

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

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

Compare HDFC Securities vs Reliance Securities on Demat Account

Compare HDFC 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 HDFC Securities is ₹750 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 HDFC Securities is 0.04% (Min ₹20) + 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

Demat Charges - Compare HDFC Securities with Reliance Securities
  HDFC Securities Reliance Securities
DP Source CDSL CDSL
DP ID HDFC Securities vs Reliance Securities - DP ID 12400 41400
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹300 pa
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges 0.04% (Min ₹27) + CDSL charges
Demat ₹5 per certificate + ₹35 request charges ₹5 per certificate + ₹30 request charges
Remat ₹30 ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation Nil 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) 0.05% of transaction value (Min ₹30)
Pledge Closure Nil 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) 0.05% of transaction value (Min ₹30)
Pledge Invocation 0.04% of transaction value (Min ₹40) 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare HDFC Securities vs Reliance Securities on Special Offers and Promotion

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

Compare HDFC Securities vs Reliance Securities on Special Offers and Promotion
  HDFC Securities Reliance Securities
Pay In and Pay Out Options HDFC Securities vs Reliance Securities - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
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 HDFC Securities vs Reliance Securities - Payout Time Instant to HDFC Bank. Max 24 hrs except bank holidays
Bank Supported and Charges HDFC Securities vs Reliance Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your HDFC bank account. RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Invest across all types of asset classes on BSE, NSE, and MCX.
  • Free web and mobile app-based trading platforms.
  • Ultra-speed and feature-rich ProTerminal platform.
  • Brokerage-free mutual fund investment.
  • Voice-enabled investing with Arya Intelligent Chatbot.
  • Advanced portfolio tracking.
  • Quick payout upto Rs. 5 Lac with Encash facility.
  • Free call & trade
  • Apply for IPOs online in just 3 clicks.
  • Start StockSIP.
  • Invest in shares of US-based companies.
  • Smallcase, a thematic investing platform.
  • Get access to HDFC research for
  • Place advance orders like bracket order, cover order, and Good Till Date (GTD) order.
  • Margin trading facility.

Detail Review...

Detail Review...

Dislikes
  • Minimum brokerage fee of Rs. 25 per trade, subject to a maximum 2.5% ceiling on trade value.
  • High brokerage charges.
  • High Demat maintenance charges.
  • ProTerminal is a paid platform that charges a subscription fee every year.

Detail Review...

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

Detail Review...

Special Offers/Promo Get HDFC Securities 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2022-08-08T02:41:25+00:00