The brokerage of ICICIDirect ranges between 0.05 to .55% while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Both the brokers are Full Service brokers. ICICIDirect is having overall higher rating compare to Reliance Securities. ICICIDirect is rated 4 out of 5 where Reliance Securities is rated only 3.5 out of 5.
Here we present side-by-side comparison of ICICIDirect 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 ICICIDirect 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.
|Broker Type||Full Service Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE||BSE, NSE|
|Broker Overview||ICICI Direct, pioneering online trading platform of ICICI Securities, charges more than its competitors but delivers with a fantastic platform, innovative offerings, and strong customer service. From advisory services to research, active trading...||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.|
In this section we have compared ICICIDirect with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - ICICIDirect offer Free account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - ICICIDirect charges Rs 600 PA (Waived for 1st year) AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Rs 950|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 600 PA (Waived for 1st year)||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare ICICIDirect with Reliance Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. Monthlay Plans - Both the brokers don't have Monthly Plans.
|Plan Types||ICICIDirect||Reliance Securities|
|Account Opening Request|
ICICIDirect Brokerage Plan detail - This is an ICICIDirect fixed brokerage plan irrespective of turnover volume best suited for casual traders.
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||ICICIDirect||Reliance Securities|
|Plan Name||I-Secure Trading Plan (Percentage Based)||R-FIXED Online Trading Plan (Percentage Based)|
|Equity Delivery||0.55% or 55 paisa||0.4% or 40 paisa|
|Equity Intraday||0.03% or 3 paisa||0.04% or 4 paisa|
|Equity Futures||0.05% or 5 paisa||0.04% or 4 paisa|
|Equity Options||Rs 95 Per Lot||Rs 100 Per Lot|
|Currency Futures||0.05% or 5 paisa||0.04% or 4 paisa|
|Currency Options||Rs 25 Per Lot||Rs 100 Per Lot|
|Commodity Trading||NA||0.04% or 4 paisa|
|Minimum Brokerage||Rs 35 per trade||5 paise per share|
|Funding||Yes - 18% interest PA||Yes - 18% interest PA|
|Call & Trade Charges||First 20 call free and Rs 25 there onwards.||Free First 20 call PM and Rs 20 their onwards.|
|Brokerage Calculator||Brokerage Calculator for ICICIDirect||Brokerage Calculator for Reliance Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for ICICIDirect||SPAN Margin Calculator for Reliance Securities|
Compare ICICIDirect with Reliance Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||ICICIDirect||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 100 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 icicidirect||Complete Brokerage Plans for reliance-securities|
Compare ICICIDirect with Reliance Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - ICICIDirect 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 tradig. Margin Funding - both brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - both brokers provides NRI Trading facility.
|Account Features Compare||ICICIDirect||Reliance Securities|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:15PM|
|Other Features||NIL||Mobile Application: Rmobile Xpress|
With our expert research team, we have compared all the major features of Trading platform b/w ICICIDirect and Reliance Securities. 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||ICICIDirect||Reliance Securities|
|Desktop Trading Platform||Trade Racer||InstaXpress|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://www.icicidirect.com||http://tick.rsec.co.in/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||ICICI direct Mobile||TICK PRO|
|Mobile Trading App Demo||ICICI direct Mobile Demo||TICK PRO Demo|
|Android Mobile App|
|Android App Download||Andriod ICICI direct Mobile Download||Andriod TICK PRO Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS ICICI direct Mobile 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 ICICIDirect||Equity Intraday and Delivery Brokerage Calculator for Reliance Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for ICICIDirect||Futures Brokerage Calculator for Reliance Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for ICICIDirect||Options Brokerage Calculator for Reliance Securities|
|Detail||Detail on Trading Platforms for icicidirect||Detail on Trading Platforms for reliance-securities|
|265 Customer Reviews||52 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||ICICIDirect is Rated 2.5 / 5 based on 265 customer reviews||Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews|
Compare ICICIDirect 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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Reliance Securities offers trading options in Commodity (MCX) where ICICIDirect doesn't offer. Online Mutual Fund Investment - both brokers 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||ICICIDirect||Reliance Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare ICICIDirect with Reliance Securities 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) - both brokers provides Cover Orders (CO). 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 provides Bracket Orders (BO) where ICICIDirect 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 facility. The orders are send to exchange on the next trading day. GTC Orders- ICICIDirect offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||ICICIDirect||Reliance Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Comapre ICICIDirect with Reliance Securities on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.
|Margin Product Compare||ICICIDirect||Reliance Securities|
|Equity Delivery Margin||No Delivery margin.||Upto 4x via Margin Funding.|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Upto 10x leverage for equity.|
|Futures Margin||1x means actual SPAN + Exposure.||Upto 2x leverage for futures.|
|Options Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||Upto 2x margin for Options shorting, No leverage for option buying.|
|Equity CO Margin||Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order.||Upto 15x margin/leverage in CO order for selected equity scripts.|
|Futures CO Margin||1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order.||Upto 15x margin/leverage in CO order for Futures contracts.|
|Options CO Margin||1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order.||Upto 15x margin/leverage in CO order for options Contracts Sell only.|
|Commodity Margin||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||Complete SPAN is required.|
Compare ICICIDirect with Reliance Securities 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 Service Compare||ICICIDirect||Reliance Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||33551122||022 39886000|
|Account Opening Process||Offline||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||ICICI Centre,
H.T. Parekh Marg,
Mumbai – 400020
|Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Compare ICICIDirect with Reliance Securities on research reports and tips provided by broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare ICICIDirect with Reliance Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||₹700 pa||₹300 pa|
|Advance Deposit||Rs. 7500/- , If the client is not having ICICI BANK Account||Nil|
|Transaction Charges on Debit (Per ISIN)||0.04% (Min ₹30 and Max ₹25,000) + ₹5.50 (CDSL Charges)||0.04% (Min ₹27) + CDSL charges|
|Demat||₹50 per set up||₹5 per certificate + ₹30 request charges|
|Remat||₹25 for 100 securities upto max fee of Rs 3 lakh, MF Reconversion ₹25 per transaction||₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges|
|Pledge Creation||0.02% (Min ₹35 and Max ₹25,000)||0.05% of transaction value (Min ₹30)|
|Pledge Creation Confirmation||0.02% (Min ₹35 and Max ₹25,000)||0.05% of transaction value (Min ₹30)|
|Pledge Closure||0.02% (Min ₹35 and Max ₹25,000)||0.05% of transaction value (Min ₹30)|
|Pledge Closure Confirmation||0.02% (Min ₹35 and Max ₹25,000)||0.05% of transaction value (Min ₹30)|
|Pledge Invocation||0.02% (Min ₹35 and Max ₹25,000)||0.05% of transaction value (Min ₹30)|
|Failed Instruction Charges||₹30 per transaction||Nil|
Compare ICICIDirect with Reliance Securities on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in/adding funds - Cheque, Online Bank Transfer from ICICI 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||Instant to ICICI Bank.||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Info Not Available||Info Not Available|
|Bank Detail||Direct from your ICICI bank account.||RELIANCE SECURITIES LTD
|Special Offers/Promo||Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.|
|Enquiry||Enquire about ICICIDirect||Enquire about Reliance Securities|
Last Updated on 2019-11-19T02:45:59+00:00