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Reliance Securities Vs Alice Blue: Which one is better?

Both the brokers are registered with SEBI. Reliance Securities offers investmenet in Equity, F&O and Currency only, where Alice Blue offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Reliance Securities Max 0.05 - 0.50% per trade while the brokerage of Alice Blue ranges between Rs 15. Reliance Securities is a Full Service Broker where Alice Blue is a Discount Broker. Reliance Securities is having overall lower rating compare to Alice Blue. Reliance Securities is rated only 3.5 out of 5 where Alice Blue is rated 4 out of 5. Number of active customer for Alice Blue is 1,63,442 where number of active customer for Reliance Securities is 72,976. Alice Blue is serving more customer compare to Reliance Securities.

Here we present side-by-side comparison of Reliance Securities vs Alice Blue share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Reliance Securities vs Alice Blue'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 Reliance Securities vs Alice Blue share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Reliance Securities vs Alice Blue'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 Reliance Securities vs Alice Blue on Service

	Reliance Securities	Alice Blue
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker
Exchanges Supported	NSE, BSE	BSE, NSE, MCX, NCDEX
Active Clients	72,976	1,63,442
Broker Overview	Open a Free Reliance Securities Demat Account today, and start online trading across segments on the advanced Robo insights technology powered Tick web, mobile app, and a desktop trading platform. Get the best stocks & mutual fund research & ...	Trade smarter with Alice Blue! Yes, its Rs 15 maximum brokerage, free equity and mutual fund investment, top-rated ANT trading platforms, and plethora of learning resources make it an excellent broker for beginners and seasoned traders.
Broker Enquiry

Account Opening Charges and AMC

Compare Reliance Securities vs Alice Blue on Trading & Demat Account Opening Charges

Comparison of Reliance Securities with Alice Blue on trading & demat account opening charges and AMC. Trading account opening charges - Alice Blue offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Reliance Securities charges Rs 400 PA| Rs. 2,500 (Lifetime Free AMC) AMC for Demat account where Alice Blue charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Reliance Securities with Alice Blue

Charges	Reliance Securities	Alice Blue
Trading Account Opening Fees	Rs 950	Free
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Rs 400 PA| Rs. 2,500 (Lifetime Free AMC)	Rs 400 PA
Provide DP Service

About Brokerage Plans

Compare Reliance Securities vs Alice Blue on Plan Options

Plans are the most important feature you look when compare Reliance Securities with Alice Blue. 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 Reliance Securities with Alice Blue on Plan Options

Plan Types	Reliance Securities	Alice Blue
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare Reliance Securities vs Alice Blue on Brokerage Charges

Reliance Securities Brokerage Plan detail - R-Fixed brokerage plan charges a fixed percentage of brokerage fee on trading across segments and also provides dedicated relationship manager services to help you take informed decisions based on fundamental and technical research reports.

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.

Share Broker's Transaction Charges

Compare Reliance Securities vs Alice Blue on Transaction Charges

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

Account Features

Compare Reliance Securities vs Alice Blue on Account Features

Compare Reliance Securities with Alice Blue 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 - Reliance Securities with Alice Blue

Account Features Compare	Reliance Securities	Alice Blue
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:15 PM
NRI Trading
Other Features	Mobile Application: Rmobile Xpress	NIL

Trading Platform

Compare Reliance Securities vs Alice Blue on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Reliance Securities and Alice Blue. 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 Reliance Securities with Alice Blue

Trading Platform Compare	Reliance Securities	Alice Blue
Desktop Trading Platform	InstaXpress	ANT - Analyse and Trade
Desktop Demo	Desktop Demo	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	http://tick.rsec.co.in/
Web Trading Demo	Web Trading Demo	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	TICK PRO	ANT Mobile
Mobile Trading App Demo	TICK PRO Demo	ANT Mobile Demo
Android Mobile App
Android App Download	Andriod TICK PRO Download	Andriod ANT Mobile Download
iPhone Mobile App (IOS)
iOS App Download	iOS TICK PRO Download	iOS ANT Mobile Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Reliance Securities	Equity Intraday and Delivery Brokerage Calculator for Alice Blue
Futures Brokerage Calculator	Futures Brokerage Calculator for Reliance Securities	Futures Brokerage Calculator for Alice Blue
Options Brokerage Calculator	Options Brokerage Calculator for Reliance Securities	Options Brokerage Calculator for Alice Blue
Detail	Detail on Trading Platforms for reliance-securities	Detail on Trading Platforms for alice-blue

Broker Ratings by Users

Compare Reliance Securities vs Alice Blue on User Rating

	Reliance Securities	Alice Blue
	52 Customer Reviews	8 Customer Reviews
Fees Ratings	3.5	2.6
Trading Brokerage Rating	3.4	3.4
Trading Platform Usability	3.3	2.4
Customer Service Ratings	3.4	2.6
Overall Ratings	3.4	2.1
Broker Rating	Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews	Alice Blue is Rated 2.1 / 5 based on 8 customer reviews

Investment Offerings

Compare Reliance Securities vs Alice Blue on Investment Offerings

Compare Reliance Securities with Alice Blue 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 provide PMS Service where Alice Blue doesn't offer

Investment Offerings - Compare Reliance Securities with Alice Blue

Investment Offerings Compare	Reliance Securities	Alice Blue
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL

Order Types

Compare Reliance Securities vs Alice Blue on Order Types

Order Type - Compare Reliance Securities with Alice Blue 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 Reliance Securities with Alice Blue

Order Type Compare	Reliance Securities	Alice Blue
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Reliance Securities vs Alice Blue on Customer Service

Compare Reliance Securities with Alice Blue 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 Reliance Securities with Alice Blue

Customer Service Compare	Reliance Securities	Alice Blue
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022 41596000 | 022 62436000	08035215000/080-45490850
Account Opening Process	Online/Paperless	Online/Paperless
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://www.reliancesmartmoney.com/Insights	https://tradeschool.aliceblueonline.com/
Head Office Address	Reliance Securities Limited, 4th Floor, North Wing, Reliance Centre, Santacruz East, Mumbai-MH- 400055	Alice Blue, No. 153/2, 3rd Floor,M.R.B.Arcade, Bagalur Main Road, Dwaraka Nagar, Yelahanka, Bangalore - 560063
Website	https://www.reliancesmartmoney.com	https://www.aliceblueonline.com

Tips/Research/Reports Published

Compare Reliance Securities vs Alice Blue on Research Reports, Tips

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

Research Reports - Compare Reliance Securities with Alice Blue

	Reliance Securities	Alice Blue
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Reliance Securities vs Alice Blue on Demat Account

Compare Reliance Securities with Alice Blue 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 Alice Blue is ₹400 pa where for Reliance Securities is ₹300 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 Reliance Securities is 0.04% (Min ₹27) + CDSL charges where for Alice Blue is 0.04% of the value of the transaction.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 Reliance Securities with Alice Blue

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

Special Offers,Advantages,Disadvantages

Compare Reliance Securities vs Alice Blue on Special Offers and Promotion

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

Compare Reliance Securities vs Alice Blue on Special Offers and Promotion

	Reliance Securities	Alice Blue
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	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
Payout Time	Max 24 hrs except bank holidays	Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges	Info Not Available	Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from Alice Blue trading platforms.
Bank Detail	RELIANCE SECURITIES LTD Account No.:9500XXXXXXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0000001	Aliceblue Financial Services, Account Number:ABFNSEXXXXXXXX Bank and Branch: HDFC Bank,Sathy Road,Erode Account Type: Current Account IFSC Code: HDFC0000232
Likes	Multiple exchanges trading on BSE, NSE, and MCX. Buy insurance plans like car insurance, health insurance, general insurance, etc. Multiple brokerage plans. Free state of the art and user-friendly TICK web, app, and desktop platform. Zero Demat Account opening fees. Zero brokerage benefits for the first 30 days. No AMC for the first year. Research reports, model portfolios, and stocks and mutual funds research recommendations. R Model Portfolio and mutual fund basket recommendations. Invest in the portfolio management services. Robo assist technology platform for goal-based investing. NRML, MIS, bracket order (BO), cover order (CO), after market order (AMO). Place Valid Till Cancelled order for maximum validity of 45 days. Free first 20 call & trade every month. An abundance of education resources i.e., classrooms, blogs, webinars & events for beginners. Detail Review...	Trade on NSE, BSE, and MCX No brokerage on equity, IPO, and mutual funds Zero account opening charges Pay Rs 15/order brokerage Free Inuvest Advisory services and trading insights across segments TradingView charts, lots of technical indicators, stock and F&O screeners. Stock SIP in equity Great technology platforms for trading and investment Free access to ANT API Strong PAN India Presence Dedicated mutual fund investment app TradeSchool (Web and app) a free stock market education platform Place bracket order, cover order, and basket order. Margin Trading facility (MTF) Detail Review...
Dislikes	No flat brokerage plan is offered by Reliance Securities. High brokerage charges than new-age discount brokers i.e., Zerodha, and Upstox. The full-service broker does not have a toll-free number to provide 24*7 customer support. Detail Review...	No NRI Trading No zero brokerage unlimited trading plan No installable trading terminal Alice blue mutual fund app (Rise) is not available on App store. No GTT Order Sometimes, its platform experienced technical glitches. Detail Review...
Special Offers/Promo
Enquiry	Open Zerodha Account Now>>	Open Alice Blue Account Now>>