Reliance Securities Vs MyValueTrade

The brokerage of Reliance Securities Limited Max 0.04 - 0.4% per trade while the brokerage of MyValueTrade ranges between Rs 10. Reliance Securities Limited is a Full Service Broker where MyValueTrade is a Discount Broker. Overall rating for both the brokers are equal with rating 3.5 out of 5.

Here we present 1 on 1 comparison of Reliance Securities Limited vs MyValueTrade 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 MyValueTrade'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 MyValueTrade - Broker type and exchange supported
  Reliance Securities Limited Logo
Reliance Securities Limited
MyValueTrade Logo
MyValueTrade
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? BSE, NSE BSE, NSE, MCX
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. On the surface, it is easy to understand what My Value Trade is trying to accomplish, being the dream broker. The homepage claims My Value Trade offers everything from simplified, unlimited and powerful discount Trading.
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 MyValueTrade. 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 MyValueTrade - Trading and Demat Account Charges
  Reliance Securities Limited MyValueTrade
Trading Account Opening Fees Reliance Securities Limited vs MyValueTrade - Trading Account Opening Fees Rs 950 Rs 555
Trading AMC Reliance Securities Limited vs MyValueTrade - Trading Account AMC Free Free
Demat Account Opening Fees Reliance Securities Limited vs MyValueTrade - Demat Account Opening Fees Free Free
Demat AMC Reliance Securities Limited vs MyValueTrade - Demat Account AMC Rs 300 PA Rs 400 PA (Waived for 1st year)
Provide DP Service Reliance Securities Limited vs MyValueTrade - Damat Account Mandatory Yes Yes
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About Brokerage Plans

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

  Reliance Securities Limited MyValueTrade
Contact / Request Call Back
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Brokerage Charges

Compare Reliance Securities Limited vs MyValueTrade - Brokerage Charges
  Reliance Securities Limited MyValueTrade
Plan Name Reliance Securities Limited vs MyValueTrade - R-FIXED Online Per Order Executed
Plan Description Reliance Securities Limited vs MyValueTrade - This is online plan from Reliance Security. Its fix brokerage plan where you dont need any dealer support. This is 10 Rs per executed order plan by MVT, which is half the price Zerodha and RKSV proposing.
Equity Delivery Reliance Securities Limited vs MyValueTrade - Cash Delivery Brokerage 0.4% or 40 paisa Flat Fee Rs 10
Equity Intraday Reliance Securities Limited vs MyValueTrade - Cash Intraday Brokerage 0.04% or 4 paisa Flat Fee Rs 10
Equity Futures Reliance Securities Limited vs MyValueTrade - F&O Segment - Futures Brokerage 0.04% or 4 paisa Flat Fee 10 Rs
Equity Options Reliance Securities Limited vs MyValueTrade - F&O Segment - Options Brokerage Rs 100 Per Lot Flat Fee Rs 10
Currency Futures Reliance Securities Limited vs MyValueTrade - Currency Futures Trading Brokerage 0.04% or 4 paisa Flat Fee 10 Rs
Currency Options Reliance Securities Limited vs MyValueTrade - Currency Options Trading Brokerage Rs 100 Per Lot Flat Fee Rs 10
Commodity Trading Reliance Securities Limited vs MyValueTrade - Commodity Trading Brokerage 0.04% or 4 paisa Flat Fee 10 Rs
Minimum Brokerage Reliance Securities Limited vs MyValueTrade - 5 paise per share Rs 10 or .01% whichever is lower
Hidden Charges Reliance Securities Limited vs MyValueTrade - Hidden Charges No Info Not Available
Funding Reliance Securities Limited vs MyValueTrade - Funding Interest Yes - 18% interest PA Info Not Available
Call & Trade Charges Reliance Securities Limited vs MyValueTrade - Call & Trade Charges Free First 20 call PM and Rs 20 their onwards. Info Not Available
Brokerage Calculator Brokerage Calculator for Reliance Securities Limited Brokerage Calculator for MyValueTrade
SPAN Margin Calculator SPAN Margin Calculator for Reliance Securities Limited SPAN Margin Calculator for MyValueTrade
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Share Broker's Transaction/Turnover Charges

Compare Reliance Securities Limited vs MyValueTrade - Transaction/Turnover Charges
  Reliance Securities Limited MyValueTrade
Equity Delivery Reliance Securities Limited vs MyValueTrade - Transaction Charges Equity Delivery Rs 325 Per Cr Rs 325 Per Cr
Equity Intraday Reliance Securities Limited vs MyValueTrade - Equity Intraday Transaction Charges Rs 325 Per Cr Rs 325 Per Cr
Equity Futures Reliance Securities Limited vs MyValueTrade - Equity Futures Transaction Charges Rs 190 Per Cr Rs 300 Per Cr
Equity Options Reliance Securities Limited vs MyValueTrade - Equity Options Transaction Charges Rs 5000 Per Cr Rs 6000 Per Cr
Currency Futures Reliance Securities Limited vs MyValueTrade - Rs 110 Per Cr Rs 120 Per Cr
Currency Options Reliance Securities Limited vs MyValueTrade - Rs 4000 Per Cr Rs 4200 Per Cr
Commodity Reliance Securities Limited vs MyValueTrade - Commodity Transaction Charges 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 my-value-trade
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Trading Features

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

Compare Reliance Securities Limited vs MyValueTrade - Trading Platform
  Reliance Securities Limited MyValueTrade
Desktop Trading Platform Reliance Securities Limited vs MyValueTrade - Trading terminal InstaXpress MVT Trade
Desktop Demo Reliance Securities Limited vs MyValueTrade - Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Reliance Securities Limited vs MyValueTrade - Windows Trading Terminal Yes Yes
Desktop Platform (Mac) Reliance Securities Limited vs MyValueTrade - MAC Trading Terminal No No
Web Trading Platform Reliance Securities Limited vs MyValueTrade - Web Trading Platform Yes Yes
Web Trading Detail Reliance Securities Limited vs MyValueTrade - Trading Website http://tick.rsec.co.in/ https://direct.mastermarts.com/
Web Trading Demo Reliance Securities Limited vs MyValueTrade - Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Reliance Securities Limited vs MyValueTrade - Trading Site for Mobile Yes No
Mobile Trading Reliance Securities Limited vs MyValueTrade - Mobile App Yes Yes
Mobile Trading App Reliance Securities Limited vs MyValueTrade - Name Of Mobile App TICK PRO MVT Mobile
Mobile Trading App Demo Reliance Securities Limited vs MyValueTrade - Name Of Mobile App TICK PRO Demo Info Not Available
Android Mobile App Reliance Securities Limited vs MyValueTrade - Android Mobile App Yes Yes
Android App Download Reliance Securities Limited vs MyValueTrade - Mobile App Download Andriod TICK PRO Download Andriod MVT Mobile Download
iPhone Mobile App (IOS) Reliance Securities Limited vs MyValueTrade - Yes No
iOS App Download Reliance Securities Limited vs MyValueTrade - Mobile App Download iOS TICK PRO Download iOS MVT Mobile Download
Android Tablet App Reliance Securities Limited vs MyValueTrade - Android Tablet App Yes Yes
iPad App (IOS) Reliance Securities Limited vs MyValueTrade - Yes No
Trading Software Charges Reliance Securities Limited vs MyValueTrade - Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Reliance Securities Limited Equity Intraday and Delivery Brokerage Calculator for MyValueTrade
Futures Brokerage Calculator Futures Brokerage Calculator for Reliance Securities Limited Futures Brokerage Calculator for MyValueTrade
Options Brokerage Calculator Options Brokerage Calculator for Reliance Securities Limited Options Brokerage Calculator for MyValueTrade
Detail Detail on Trading Platforms for reliance-securities Detail on Trading Platforms for my-value-trade

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Broker Ratings by Users

Compare Reliance Securities Limited vs MyValueTrade - Rating
  Reliance Securities Limited MyValueTrade
  52 Customer Reviews    Rate Reliance Securities 9 Customer Reviews    Rate MyValueTrade
Fees Ratings 3.5 3.7
Trading Brokerage Rating 3.4 4.0
Trading Platform Usability 3.3 3.2
Customer Service Ratings 3.4 3.2
Overall Ratings Rated 3.4 stars Rated 3.2 stars
Broker Rating Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews MyValueTrade is Rated 3.2 / 5 based on 9 customer reviews
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Investment Services

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

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

Compare Reliance Securities Limited vs MyValueTrade - Margin/Leverage
  Reliance Securities Limited MyValueTrade
Equity Delivery Margin Reliance Securities Limited vs MyValueTrade - Equity Delivery Margin Upto 4x via Margin Funding. Info Not Available
Equity Intraday Margin Reliance Securities Limited vs MyValueTrade - Equity Intraday Margin Upto 10x leverage for equity. Info Not Available
Futures Margin Reliance Securities Limited vs MyValueTrade - Futures Margin Upto 2x leverage for futures. Info Not Available
Options Margin Reliance Securities Limited vs MyValueTrade - Options Margin Upto 2x margin for Options shorting, No leverage for option buying. Info Not Available
Equity CO Margin Reliance Securities Limited vs MyValueTrade - Equity CO Margin Upto 15x margin/leverage in CO order for selected equity scripts. Info Not Available
Futures CO Margin Reliance Securities Limited vs MyValueTrade - Futures CO Margin Upto 15x margin/leverage in CO order for Futures contracts. Info Not Available
Options CO Margin Reliance Securities Limited vs MyValueTrade - Options CO Margin Upto 15x margin/leverage in CO order for options Contracts Sell only. Info Not Available
Commodity Margin Reliance Securities Limited vs MyValueTrade - Commodity Margin Complete SPAN is required. Info Not Available
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Customer Service Offered

Compare Reliance Securities Limited vs MyValueTrade - Customer Service Offerance
  Reliance Securities Limited MyValueTrade
24/7 Customer Service Reliance Securities Limited vs MyValueTrade - 24x7 customer support No No
Email Support Reliance Securities Limited vs MyValueTrade - Email Support Yes Yes
Onine Live Chat Reliance Securities Limited vs MyValueTrade - Onine Live Chat Yes Yes
Phone Support Reliance Securities Limited vs MyValueTrade - Phone Support Yes Yes
Toll Free Number Reliance Securities Limited vs MyValueTrade - Toll Free Number Yes No
Through Branches Reliance Securities Limited vs MyValueTrade - Through Branches Yes No
Customer Care Number Reliance Securities Limited vs MyValueTrade - Customer Care Number 022 39886000 Info Not Available
Account Opening Process Reliance Securities Limited vs MyValueTrade - Account Opening Process Paperless Info Not Available
Customer Support Email Reliance Securities Limited vs MyValueTrade - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Reliance Securities Limited vs MyValueTrade - Knowledge Center/Education https://www.5paisa.com/knowledge-centre Info Not Available
Head Office Address Reliance Securities Limited vs MyValueTrade - Head Office Address/Corporate Address Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Info Not Available
Website Reliance Securities Limited vs MyValueTrade - Company Website https://www.reliancesmartmoney.com Info Not Available
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Tips/Research/Reports Published

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

Compare Reliance Securities Limited vs MyValueTrade - Demat Account
  Reliance Securities Limited MyValueTrade
DP Source CDSL NSDL
DP ID Reliance Securities Limited vs MyValueTrade - DP ID 41400 No
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/-) NIL
Advance Deposit Nil Rs. 2000/-in advance of which Rs. 1000/- is refundanble/ adjusted on closure of A/c and/or change of scheme after one year from the date of A/c opening for Scheme A
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 Rs. 12/- for each debit instruction
Demat Rs. 30/- per request extra Rs. 5/- for each certificate Rs. 20/- per DRF plus Rs. 3/- per certificate
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/- per every 100 securities or part thereof; or a flat fee of Rs. 20/- per certificate which ever is higher is payable
Pledge Creation Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN Rs. 50/-
Pledge Creation Confirmation Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN Nil
Pledge Closure Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN Rs. 25/-
Pledge Closure Confirmation Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN Nil
Pledge Invocation Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN Rs. 25/-
Failed Instruction Charges Nil Rs. 20/- per intimation per instruction
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.

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Special Offers,Advantages,Disadvantages

Compare Reliance Securities Limited vs MyValueTrade - Special Offers and Promotion
  Reliance Securities Limited MyValueTrade
Pay In and Pay Out Options Reliance Securities Limited vs MyValueTrade - 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
Info Not Available
Payout Time Reliance Securities Limited vs MyValueTrade - Payout Time Max 24 hrs except bank holidays Info Not Available
Bank Supported and Charges Reliance Securities Limited vs MyValueTrade - 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
Info Not Available
Likes
  • Big margin and option to pay within t+5 days.
  • Dedicated research team.
  • Site wide quote bar.

More Advantages...

Only discount broker that is offering Flat rate yearly plan along with per executed order and monthly plan in all segments; No AMC for trading and first year AMC waived off for Demat account; convenient single trading platform for all segments ; easy one website login for trading and back office support.

More Advantages...

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

More Disadvantages...

doesn't provide tips and recommendation; doesn't offer automated trading to its clients.

More Disadvantages...

Special Offers/Promo
Enquire about Reliance Securities Enquire about MyValueTrade

Free Direct Mutual Fund Investment

Free Delivery trading


Max Rs 20 Per Trade for Equity Intraday, F&O, Currency & Commodity
Open Account Now

5paisa Review  5paisa

Trade in Cash and F&O at Just Rs 10. Save 95% on Brokerage.


Instant - Online Account Opening
GET FREE Demat Account

Beginner, seasoned investor, active trader or HNI. Get customised solutions.


Rs 0 account opening fee on Online Trading and a Demat Account
(Rs 1150 waived)
Open Free Account

Fyers Review  Fyers

Free Delivery trading

High Leverage


Max Rs 20 Per Trade for Equity Intraday, F&O, Currency & Commodity
Open Account Today

ProStocks, The Flat Rate Discount Stock Broker

Flat Fee - Rs 15 Per Trade


Lowest Stamp Duty

Get FREE Trading + Demat Acct

Flat 20% discount on online transaction


Rs 0 account opening fee on Demat Acct

Join Now




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