Compare 3 Brokers

AxisDirect Vs Reliance Securities: Which one is better?

The brokerage of AxisDirect ranges between 0.05% to 0.5% while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3.5 out of 5.

Here we present side-by-side comparison of AxisDirect 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 AxisDirect 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 AxisDirect vs Reliance Securities on Service

  AxisDirect Compare
AxisDirect
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 Since its inception in 2005, Axis Securities Limited aims to become a leading player in the Retail Broking Industry. The Broker is engaged in the business of marketing and selling of financial products of the Axis Bank Limited. The broker offers a si... Know more about AxisDirect 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 AxisDirect. 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.
Expand

Account Opening Charges and AMC

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

In this section we have compared AxisDirect with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - AxisDirect charges Rs 999 for account opening where Reliance Securities charges Rs 950 for account opeing. Demat AMC charges - AxisDirect charges Rs 750 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 AxisDirect with Reliance Securities
Charges AxisDirect Reliance Securities
Trading Account Opening Fees Rs 999 Rs 950
Trading AMC Free Free
Demat Account Opening Fees Rs 650 Free
Demat AMC Rs 750 PA (Waived for 1st year) Rs 300 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare AxisDirect vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare AxisDirect 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 AxisDirect with Reliance Securities on Plan Options
Plan Types AxisDirect Reliance Securities
Multiple Plans Yes Yes
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  AxisDirect Reliance Securities
Account Opening Request
Expand

Brokerage Charges

Compare AxisDirect vs Reliance Securities on Brokerage Charges

AxisDirect Brokerage Plan detail - Fixed Plan Brokerage is simple and easy to understand. Axis Direct is right in line with its closest full-service competitors. Its .50% for equity trades is slightly less expensive than ICICI (.55%) while same as Kotak, HDFC and SBI (.50%).

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 AxisDirect with Reliance Securities
Brokerage Charges Compare AxisDirect Reliance Securities
Plan Name Fixed Brokerage Trading Plan (Percentage Based) R-FIXED Online Trading Plan (Percentage Based)
Equity Delivery 0.5% or 50 paisa 0.4% or 40 paisa
Equity Intraday 0.05% or 5 paisa 0.04% or 4 paisa
Equity Futures 0.05% or 5 paisa 0.04% or 4 paisa
Equity Options Rs 10 Per Lot Rs 100 Per Lot
Currency Futures 0.05% or 5 paisa 0.04% or 4 paisa
Currency Options Rs 20 Per Lot Rs 100 Per Lot
Commodity Trading Futures - .03 or 3 paisa, Options - Rs 50 Per Lot 0.04% or 4 paisa
Minimum Brokerage NIL 5 paise per share
Hidden Charges No No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges 20 calls Free and after that Rs 20 per call Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for AxisDirect Brokerage Calculator for Reliance Securities
SPAN Margin Calculator SPAN Margin Calculator for AxisDirect SPAN Margin Calculator for Reliance Securities
Expand

Share Broker's Transaction Charges

Compare AxisDirect vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare AxisDirect with Reliance Securities
Transaction Charges Compare AxisDirect 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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for axisdirect Complete Brokerage Plans for reliance-securities
Expand

Account Features

Compare AxisDirect vs Reliance Securities on Account Features

Compare AxisDirect with Reliance Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect 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 - AxisDirect with Reliance Securities
Account Features Compare AxisDirect Reliance Securities
3 in 1 Account Yes, AxisDirect have 3-in-1 accounts. Bank Account, Demat and Trading account. No AxisDirect 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 Yes Yes
Intraday Square-off Time 2:45 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL Mobile Application: Rmobile Xpress
Expand

Trading Platform

Compare AxisDirect vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect 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 AxisDirect with Reliance Securities
Trading Platform Compare AxisDirect Reliance Securities
Desktop Trading Platform DIRECTTrade InstaXpress
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login.axisdirect.in/ 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 AxisDirect Mobile TICK PRO
Mobile Trading App Demo AxisDirect Mobile Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod AxisDirect Mobile Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS AxisDirect Mobile Download iOS TICK PRO Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Yes, DirectTrade - Rs 2999 PA Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for AxisDirect Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for AxisDirect Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for AxisDirect Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for axisdirect Detail on Trading Platforms for reliance-securities

Expand

Broker Ratings by Users

Compare AxisDirect vs Reliance Securities on User Rating

  AxisDirect Reliance Securities
  4 Customer Reviews    Rate AxisDirect 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.0 3.5
Trading Brokerage Rating 2.5 3.4
Trading Platform Usability 2.8 3.3
Customer Service Ratings 2.8 3.4
Overall Ratings Rated 2.8 stars Rated 3.4 stars
Broker Rating AxisDirect is Rated 2.8 / 5 based on 4 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
Expand

Investment Offerings

Compare AxisDirect vs Reliance Securities on Investment Offerings

Compare AxisDirect 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 - both brokers offers trading options in Commodity (MCX). Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - Reliance Securities provides PMS Service where AxisDirect doesn't offer

Investment Offerings - Compare AxisDirect with Reliance Securities
Investment Offerings Compare AxisDirect Reliance Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes 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 No Yes
Other Investment Options NIL NIL
Expand

Order Types

Compare AxisDirect vs Reliance Securities on Order Types

Order Type - Compare AxisDirect 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 AxisDirect 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- AxisDirect offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare AxisDirect with Reliance Securities
Order Type Compare AxisDirect 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
Expand

Margin/Leverage

Compare AxisDirect vs Reliance Securities on Margin/Leverage

Comapre AxisDirect 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 AxisDirect with Reliance Securities
Margin Product Compare AxisDirect Reliance Securities
Equity Delivery Margin AxisDirect vs Reliance Securities - Equity Delivery Margin Upto 4x via Margin Funding for T+30 days Upto 4x via Margin Funding.
Equity Intraday Margin AxisDirect vs Reliance Securities - Equity Intraday Margin Upto 6x leverage for equity. Upto 10x leverage for equity.
Futures Margin AxisDirect vs Reliance Securities - Futures Margin Upto 2x leverage for futures. Upto 2x leverage for futures.
Options Margin AxisDirect 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 AxisDirect vs Reliance Securities - Equity CO Margin Upto 25x margin/leverage in CO for selected equity scripts. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin AxisDirect vs Reliance Securities - Futures CO Margin Upto 25x margin/leverage in CO. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin AxisDirect vs Reliance Securities - Options CO Margin Upto 50x margin/leverage in CO, Options contracts Sell only. Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin AxisDirect vs Reliance Securities - Commodity Margin Upto 2x margin/leverage for Commdities Intraday Futures. Complete SPAN is required.
Expand

Customer Service Offered

Compare AxisDirect vs Reliance Securities on Customer Service

Compare AxisDirect 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 AxisDirect with Reliance Securities
Customer Service Compare AxisDirect Reliance Securities
24/7 Customer Service AxisDirect vs Reliance Securities - 24x7 customer support No No
Email Support AxisDirect vs Reliance Securities - Email Support Yes Yes
Onine Live Chat AxisDirect vs Reliance Securities - Onine Live Chat Yes Yes
Phone Support AxisDirect vs Reliance Securities - Phone Support Yes Yes
Toll Free Number AxisDirect vs Reliance Securities - Toll Free Number Yes Yes
Through Branches AxisDirect vs Reliance Securities - Through Branches Yes Yes
Customer Care Number AxisDirect vs Reliance Securities - Customer Care Number 022-61480808 022 39886000
Account Opening Process AxisDirect vs Reliance Securities - Account Opening Process Offline Online/Paperless
Customer Support Email AxisDirect vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education AxisDirect vs Reliance Securities - Knowledge Center/Education https://simplehai.axisdirect.in/learn/overview https://www.5paisa.com/knowledge-centre
Head Office Address AxisDirect vs Reliance Securities - Head Office Address/Corporate Address Unit No. 2, Phoenix Market City,
15, LBS Road,
Near Kamani Junction,
Kurla (West),
Mumbai- 400 070.
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website AxisDirect vs Reliance Securities - Company Website https://simplehai.axisdirect.in https://www.reliancesmartmoney.com
Expand

Tips/Research/Reports Published

Compare AxisDirect vs Reliance Securities on Research Reports, Tips

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

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

Demat Account

Compare AxisDirect vs Reliance Securities on Demat Account

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

Demat Charges - Compare AxisDirect with Reliance Securities
  AxisDirect Reliance Securities
DP Source CDSL CDSL
DP ID AxisDirect vs Reliance Securities - DP ID 49200 41400
Demat Account Annual Maintenance Charges(AMC) ₹500 pa ₹300 pa
Advance Deposit Nil Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹10 0.04% (Min ₹27) + CDSL charges
Demat ₹3 per certificate ₹5 per certificate + ₹30 request charges
Remat ₹10 for every hundred securities (Min ₹10) ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹25 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation ₹25 0.05% of transaction value (Min ₹30)
Pledge Closure ₹25 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation ₹25 0.05% of transaction value (Min ₹30)
Pledge Invocation Nil 0.05% of transaction value (Min ₹30)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil

Expand

Special Offers,Advantages,Disadvantages

Compare AxisDirect vs Reliance Securities on Special Offers and Promotion

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

Compare AxisDirect vs Reliance Securities on Special Offers and Promotion
  AxisDirect Reliance Securities
Pay In and Pay Out Options AxisDirect vs Reliance Securities - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from Axis 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 AxisDirect vs Reliance Securities - Payout Time Instant to Axis Bank. Max 24 hrs except bank holidays
Bank Supported and Charges AxisDirect vs Reliance Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your Axis 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
  • Pay for software usage.
  • Discount plan has minimum balance requirements.

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 Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds.
Enquiry Enquire about AxisDirect Enquire about Reliance Securities

Last Updated on 2019-08-18T22:50:51+00:00







Search topsharebrokers.com:

Translate topsharebrokers.com: