Compare 3 Brokers

ICICIDirect Vs Reliance Securities: Which one is better?

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.

Compare ICICIDirect vs Reliance Securities on Service

  ICICIDirect Compare
ICICIDirect
Reliance Securities Compare
Reliance Securities
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 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... Know more about ICICIDirect 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 Open an Online Trading Account with ICICIDirect. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Reliance Securities. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

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 & Demat Account Opening Charges - Compare ICICIDirect with Reliance Securities
Charges ICICIDirect Reliance Securities
Trading Account Opening Fees Free Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 600 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare ICICIDirect vs Reliance Securities on Plan Options

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.

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

Account Opening

  ICICIDirect Reliance Securities
Account Opening Request
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Brokerage Charges

Compare ICICIDirect vs Reliance Securities on Brokerage Charges

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 with Reliance Securities
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
Hidden Charges Yes No
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
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Share Broker's Transaction Charges

Compare ICICIDirect vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare ICICIDirect with Reliance Securities
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
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Account Features

Compare ICICIDirect vs Reliance Securities on Account Features

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 - ICICIDirect with Reliance Securities
Account Features Compare ICICIDirect Reliance Securities
3 in 1 Account Yes, ICICIDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No ICICIDirect 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 Yes 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 ICICIDirect vs Reliance Securities on Trading Platform

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 with Reliance Securities
Trading Platform Compare ICICIDirect Reliance Securities
Desktop Trading Platform Trade Racer InstaXpress
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) Yes No
Web Trading Platform Yes Yes
Web Trading Detail https://www.icicidirect.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 ICICI direct Mobile TICK PRO
Mobile Trading App Demo ICICI direct Mobile Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod ICICI direct Mobile Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ICICI direct Mobile Download iOS TICK PRO 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 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

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Broker Ratings by Users

Compare ICICIDirect vs Reliance Securities on User Rating

  ICICIDirect Reliance Securities
  265 Customer Reviews    Rate ICICIDirect 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 2.4 3.5
Trading Brokerage Rating 1.8 3.4
Trading Platform Usability 3.3 3.3
Customer Service Ratings 2.8 3.4
Overall Ratings Rated 2.5 stars Rated 3.4 stars
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
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Investment Offerings

Compare ICICIDirect vs Reliance Securities on Investment Offerings

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 with Reliance Securities
Investment Offerings Compare ICICIDirect Reliance Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No 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 Yes Yes
Other Investment Options NIL NIL
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Order Types

Compare ICICIDirect vs Reliance Securities on Order Types

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 Types - Compare ICICIDirect with Reliance Securities
Order Type Compare ICICIDirect Reliance Securities
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare ICICIDirect vs Reliance Securities on Margin/Leverage

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.

Exposure/margin - Compare ICICIDirect with Reliance Securities
Margin Product Compare ICICIDirect Reliance Securities
Equity Delivery Margin ICICIDirect vs Reliance Securities - Equity Delivery Margin No Delivery margin. Upto 4x via Margin Funding.
Equity Intraday Margin ICICIDirect vs Reliance Securities - Equity Intraday Margin Upto 5x leverage for equity. Upto 10x leverage for equity.
Futures Margin ICICIDirect vs Reliance Securities - Futures Margin Upto 2x leverage for futures. Upto 2x leverage for futures.
Options Margin ICICIDirect vs Reliance Securities - 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 ICICIDirect vs Reliance Securities - Equity CO Margin Upto 25x margin/leverage in CO order for selected equity scripts. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin ICICIDirect vs Reliance Securities - Futures CO Margin Upto 25x margin/leverage in CO order for Futures contracts. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin ICICIDirect vs Reliance Securities - Options CO Margin Upto 25x margin/leverage in CO order for options contracts sell only. Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin ICICIDirect vs Reliance Securities - Commodity Margin Info Not Available Complete SPAN is required.
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Customer Service Offered

Compare ICICIDirect vs Reliance Securities on Customer Service

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 Support - Compare ICICIDirect with Reliance Securities
Customer Service Compare ICICIDirect Reliance Securities
24/7 Customer Service ICICIDirect vs Reliance Securities - 24x7 customer support No No
Email Support ICICIDirect vs Reliance Securities - Email Support Yes Yes
Onine Live Chat ICICIDirect vs Reliance Securities - Onine Live Chat No Yes
Phone Support ICICIDirect vs Reliance Securities - Phone Support Yes Yes
Toll Free Number ICICIDirect vs Reliance Securities - Toll Free Number No Yes
Through Branches ICICIDirect vs Reliance Securities - Through Branches Yes Yes
Customer Care Number ICICIDirect vs Reliance Securities - Customer Care Number 33551122 022 39886000
Account Opening Process ICICIDirect vs Reliance Securities - Account Opening Process Offline Online/Paperless
Customer Support Email ICICIDirect vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education ICICIDirect vs Reliance Securities - Knowledge Center/Education http://content.icicidirect.com/indexfaq.asp https://www.5paisa.com/knowledge-centre
Head Office Address ICICIDirect vs Reliance Securities - Head Office Address/Corporate Address ICICI Centre,
H.T. Parekh Marg,
Churchgate,
Mumbai 400020
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website ICICIDirect vs Reliance Securities - Company Website https://www.icicidirect.com https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare ICICIDirect vs Reliance Securities on Research Reports, Tips

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

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

Compare ICICIDirect vs Reliance Securities on Demat Account

Compare ICICIDirect with Reliance Securities on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare ICICIDirect with Reliance Securities
  ICICIDirect Reliance Securities
DP Source CDSL CDSL
DP ID ICICIDirect vs Reliance Securities - DP ID 14300 41400
Demat Account Annual Maintenance Charges(AMC) ₹700 pa ₹300 pa
Advance Deposit Rs. 7500/- , If the client is not having ICICI BANK Account Nil
Statutory charges Nil 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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare ICICIDirect vs Reliance Securities on Special Offers and Promotion

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

Compare ICICIDirect vs Reliance Securities on Special Offers and Promotion
  ICICIDirect Reliance Securities
Pay In and Pay Out Options ICICIDirect vs Reliance Securities - 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 ICICIDirect vs Reliance Securities - Payout Time Instant to ICICI Bank. Max 24 hrs except bank holidays
Bank Supported and Charges ICICIDirect vs Reliance Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your ICICI bank account. RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes

Detail Review...

  • Big margin and option to pay within t+5 days.
  • Dedicated research team.
  • Site wide quote bar.

Detail Review...

Dislikes
  • Minimum brokerage charges.
  • No commodity trading.
  • High brokerage, compare to discount brokers.
  • Not a good fit for small and penny stock traders.

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 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







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