Compare 3 Brokers

Alice Blue Vs Reliance Securities: Which one is better?

The brokerage of Alice Blue Max Rs 20 per trade while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Alice Blue is a Discount Broker where Reliance Securities is a Full Service Broker. Alice Blue is having overall higher rating compare to Reliance Securities. Alice Blue 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 Alice Blue 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 Alice Blue 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 Alice Blue 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 Alice Blue 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 Alice Blue vs Reliance Securities on Service

  Alice Blue Compare
Alice Blue
Reliance Securities Compare
Reliance Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, MCX-SX, NCDEX BSE, NSE
Active Clients 1,24,571 1,41,760
Broker Overview Lowest brokerage discount broker offering free delivery trading and flat brokerage of Rs. 15 per order in other segments through the ANT trading platform. 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 Alice Blue. 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 Alice Blue vs Reliance Securities on Trading & Demat Account Opening Charges

Comparison of Alice Blue with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Alice Blue charges Equity: Rs. 310, Commodity (MCX): Rs. 200, Equity + Commodity: Rs. 500 for account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Alice Blue charges Rs 400 PA AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Alice Blue with Reliance Securities
Charges Alice Blue Reliance Securities
Trading Account Opening Fees Equity: Rs. 310, Commodity (MCX): Rs. 200, Equity + Commodity: Rs. 500 Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Alice Blue vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare Alice Blue with Reliance Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers provides Multiple Plans. You have option to select plan as per your trading streategy. Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Alice Blue Reliance Securities
Account Opening Request
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Brokerage Charges

Compare Alice Blue vs Reliance Securities on Brokerage Charges

Alice Blue Brokerage Plan detail - Lowest Brokerage Plan - Max Rs 15 per Trade for Equity Intraday, Derivatives, Currency and Commodities. From May 2021, the F20 plan becomes the F15 plan.

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 Alice Blue with Reliance Securities
Brokerage Charges Compare Alice Blue Reliance Securities
Plan Name F15 Plan R-FIXED Online Trading Plan (Percentage Based)
Equity Delivery Free 0.4% or 40 paisa
Equity Intraday 0.01% or Rs 15 whichever is lower 0.04% or 4 paisa
Equity Futures 0.01% or Rs 15 whichever is lower 0.04% or 4 paisa
Equity Options Rs 15 per executed order Rs 100 Per Lot
Currency Futures 0.01% or Rs 15 whichever is lower 0.04% or 4 paisa
Currency Options Rs 15 per executed order Rs 100 Per Lot
Commodity Trading 0.01% or Rs 15 whichever is lower 0.04% or 4 paisa
Minimum Brokerage NA 5 paise per share
Hidden Charges No No
Funding Yes - 24% interest PA Yes - 18% interest PA
Call & Trade Charges Rs 20 per executed Order Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for Alice Blue Brokerage Calculator for Reliance Securities
SPAN Margin Calculator SPAN Margin Calculator for Alice Blue SPAN Margin Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare Alice Blue vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare Alice Blue with Reliance Securities
Transaction Charges Compare Alice Blue 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 210 Per Cr Rs 190 Per Cr
Equity Options Rs 5500 Per Cr Rs 5000 Per Cr
Currency Futures Rs 150 Per Cr Rs 110 Per Cr
Currency Options Rs 4400 Per Cr Rs 4000 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for alice-blue Complete Brokerage Plans for reliance-securities
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Account Features

Compare Alice Blue vs Reliance Securities on Account Features

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

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

Compare Alice Blue vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Alice Blue 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 Alice Blue with Reliance Securities
Trading Platform Compare Alice Blue Reliance Securities
Desktop Trading Platform ANT - Analyse and Trade InstaXpress
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail http://tick.rsec.co.in/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App ANT Mobile TICK PRO
Mobile Trading App Demo ANT Mobile Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod ANT Mobile Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS ANT 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 Alice Blue Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Alice Blue Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for Alice Blue Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for alice-blue Detail on Trading Platforms for reliance-securities
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Alice Blue vs Reliance Securities on User Rating

  Alice Blue Reliance Securities
  4 Customer Reviews    Rate Alice Blue 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.0 3.5
Trading Brokerage Rating 4.0 3.4
Trading Platform Usability 3.5 3.3
Customer Service Ratings 3.5 3.4
Overall Ratings Rated 2.5 stars Rated 3.4 stars
Broker Rating Alice Blue is Rated 2.5 / 5 based on 4 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare Alice Blue vs Reliance Securities on Investment Offerings

Compare Alice Blue 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 Alice Blue doesn't offer

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

Compare Alice Blue vs Reliance Securities on Order Types

Order Type - Compare Alice Blue 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) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare Alice Blue vs Reliance Securities on Margin/Leverage

Compare Alice Blue with Reliance Securities on Exposure/Margin offered by the 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 Alice Blue with Reliance Securities
Margin Product Compare Alice Blue Reliance Securities
Equity Delivery Margin Alice Blue vs Reliance Securities - Equity Delivery Margin No Margin/Leverage for Equity Delivery. Upto 4x via Margin Funding.
Equity Intraday Margin Alice Blue vs Reliance Securities - Equity Intraday Margin Up to 3x to 8x leverage for equity MIS orders with F15 Plan and 10x for Bracket order. Upto 10x leverage for equity.
Futures Margin Alice Blue vs Reliance Securities - Futures Margin Up to 2x leverage Upto 2x leverage for futures.
Options Margin Alice Blue vs Reliance Securities - Options Margin Up to 2x exposure for Options shorting and Buying for MIS orders, Up 4x on buy for cover orders. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Alice Blue vs Reliance Securities - Equity CO Margin Up to 10x margin/leverage in BO order for selected equity scripts and index. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Alice Blue vs Reliance Securities - Futures CO Margin Up to 2x margin/leverage in CO/BO order for Futures contracts. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin Alice Blue vs Reliance Securities - Options CO Margin Up to 4x margin/leverage on buy with CO order for Options contracts. Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin Alice Blue vs Reliance Securities - Commodity Margin Up to 2x on MCX orders. Complete SPAN is required.
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Customer Service Offered

Compare Alice Blue vs Reliance Securities on Customer Service

Compare Alice Blue 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 Alice Blue with Reliance Securities
Customer Service Compare Alice Blue Reliance Securities
24/7 Customer Service Alice Blue vs Reliance Securities - 24x7 customer support No No
Email Support Alice Blue vs Reliance Securities - Email Support No Yes
Onine Live Chat Alice Blue vs Reliance Securities - Onine Live Chat Yes Yes
Phone Support Alice Blue vs Reliance Securities - Phone Support Yes Yes
Toll Free Number Alice Blue vs Reliance Securities - Toll Free Number No Yes
Through Branches Alice Blue vs Reliance Securities - Through Branches Yes Yes
Customer Care Number Alice Blue vs Reliance Securities - Customer Care Number 080-61575500/22174600 022 39886000
Account Opening Process Alice Blue vs Reliance Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Alice Blue vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Alice Blue vs Reliance Securities - Knowledge Center/Education https://www.aliceblueonline.com/alice-knowledge-base/ https://www.5paisa.com/knowledge-centre
Head Office Address Alice Blue vs Reliance Securities - Head Office Address/Corporate Address Alice Blue,
No. 153/2,
3rd Floor,M.R.B.Arcade,
Bagalur Main Road,
Dwaraka Nagar,
Yelahanka,
Bangalore 560063
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website Alice Blue vs Reliance Securities - Company Website https://www.aliceblueonline.com https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Alice Blue vs Reliance Securities on Research Reports, Tips

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

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

Compare Alice Blue vs Reliance Securities on Demat Account

Compare Alice Blue with Reliance Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Alice Blue with Reliance Securities
  Alice Blue Reliance Securities
DP Source CDSL CDSL
DP ID Alice Blue vs Reliance Securities - DP ID 83500 41400
Demat Account Annual Maintenance Charges(AMC) Rs 400 PA AMC ₹300 pa
Advance Deposit Rs 0 Nil
Statutory charges Rs 150 Stamp Charges Nil
Transaction Charges on Debit (Per ISIN) ₹15 per transaction 0.04% (Min ₹27) + CDSL charges
Demat ₹10 per certificate + ₹50 courier charges ₹5 per certificate + ₹30 request charges
Remat ₹30 per certificate + CDSL charges ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹20 + CDSL charges 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Closure ₹20 + CDSL charges 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation ₹20 + CDSL charges 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 Alice Blue vs Reliance Securities on Special Offers and Promotion

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

Compare Alice Blue vs Reliance Securities on Special Offers and Promotion
  Alice Blue Reliance Securities
Pay In and Pay Out Options Alice Blue vs Reliance Securities - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Alice Blue Mobile, ANT Desk and ANY Web application.
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 Alice Blue vs Reliance Securities - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Alice Blue vs Reliance Securities - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms. Info Not Available
Bank Detail Aliceblue Financial Services,
Account Number:ABFNSEXXXXXXXX
Bank and Branch: HDFC Bank,Sathy Road,Erode
Account Type: Current Account
IFSC Code: HDFC0000232
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
  • Alice Blue doesn't offer NRI trading.
  • A 3-in-1 account opening facility is not available.
  • Alice Blue Mutual Fund App is not available on the App Store.
  • 3rd party trading tools are not free and charge a subscription fee.
  • Does not offer fixed income products like bonds.

Detail Review...

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

Detail Review...

Special Offers/Promo Free delivery Trading, Zero account opening charges.
Enquiry Enquire about Alice Blue Enquire about Reliance Securities

Last Updated on 2021-05-19T22:55:24+00:00


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