The brokerage of Finvasia Max Rs 0 per trade while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Finvasia is a Discount Broker where Reliance Securities is a Full Service Broker. Finvasia is having overall higher rating compare to Reliance Securities. Finvasia 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 Finvasia 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 Finvasia 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 Finvasia 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 Finvasia vs Reliance Securities's on
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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE, MCX,MCX-SX,NCDEX||BSE, NSE|
|Broker Overview||Finvasia is an emerging financial service provider created keeping in mind the need of Indian and global Investors and traders. The company’s highlights are zero brokerage across all segments and exchanges backed by in-depth research, cutting-e...||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.|
Comparison of Finvasia with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Finvasia offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Finvasia offer Free AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.
|Trading Account Opening Fees||Free||Rs 950|
|Demat Account Opening Fees||Rs 0 (Rs 199 for POA)||Free|
|Demat AMC||Free||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Finvasia with Reliance Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Reliance Securities provides Multiple Plans where Finvasia doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Finvasia||Reliance Securities|
|Account Opening Request|
Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage 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||Finvasia||Reliance Securities|
|Plan Name||Zero Brokerage Trading Plan||R-FIXED Online Trading Plan (Percentage Based)|
|Equity Delivery||Rs 0||0.4% or 40 paisa|
|Equity Intraday||Rs 0||0.04% or 4 paisa|
|Equity Futures||Rs 0||0.04% or 4 paisa|
|Equity Options||Rs 0||Rs 100 Per Lot|
|Currency Futures||Rs 0||0.04% or 4 paisa|
|Currency Options||Rs 0||Rs 100 Per Lot|
|Commodity Trading||Rs 0||0.04% or 4 paisa|
|Minimum Brokerage||NIL||5 paise per share|
|Funding||Yes, 24% interest PA||Yes - 18% interest PA|
|Call & Trade Charges||Call and Trade is free of cost||Free First 20 call PM and Rs 20 their onwards.|
|Brokerage Calculator||Brokerage Calculator for Finvasia||Brokerage Calculator for Reliance Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for Finvasia||SPAN Margin Calculator for Reliance Securities|
Compare Finvasia with Reliance Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Finvasia||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 115 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||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for finvasia||Complete Brokerage Plans for reliance-securities|
Compare Finvasia 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 - Finvasia offers Algo Trading where Reliance Securities doesn't offers Algo Trading. Margin Funding - Reliance Securities offers a margin funding where Finvasia doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.
|Account Features Compare||Finvasia||Reliance Securities|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15 PM||3:15PM|
|Other Features||NIL||Mobile Application: Rmobile Xpress|
With our expert research team, we have compared all the major features of Trading platform b/w Finvasia 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||Finvasia||Reliance Securities|
|Desktop Trading Platform||OMNESYS NEST||InstaXpress|
|Desktop Demo||Info Not Available||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://trade.finvasia.com/||http://tick.rsec.co.in/|
|Web Trading Demo||Info Not Available||Web Trading Demo|
|Mobile Trading App||SCALPERT||TICK PRO|
|Mobile Trading App Demo||SCALPERT Demo||TICK PRO Demo|
|Android Mobile App|
|Android App Download||Andriod SCALPERT Download||Andriod TICK PRO Download|
|iPhone Mobile App (IOS)|
|iOS App Download||Info Not Available||iOS TICK PRO Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Basic platforms are free, advance platforms are chargeable.||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Finvasia||Equity Intraday and Delivery Brokerage Calculator for Reliance Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Finvasia||Futures Brokerage Calculator for Reliance Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for Finvasia||Options Brokerage Calculator for Reliance Securities|
|Detail||Detail on Trading Platforms for finvasia||Detail on Trading Platforms for reliance-securities|
|8 Customer Reviews||52 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Finvasia is Rated 4.0 / 5 based on 8 customer reviews||Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews|
Compare Finvasia 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 Finvasia doesn't offer
|Investment Offerings Compare||Finvasia||Reliance Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare Finvasia 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 Type Compare||Finvasia||Reliance Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Finvasia 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.
|Margin Product Compare||Finvasia||Reliance Securities|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||Upto 4x via Margin Funding.|
|Equity Intraday Margin||Up to 10x leverage for equity category A scripts.||Upto 10x leverage for equity.|
|Futures Margin||Up to 2x leverage for futures.||Upto 2x leverage for futures.|
|Options Margin||No leverage for Options buying and shorting.||Upto 2x margin for Options shorting, No leverage for option buying.|
|Equity CO Margin||Info Not Available||Upto 15x margin/leverage in CO order for selected equity scripts.|
|Futures CO Margin||Info Not Available||Upto 15x margin/leverage in CO order for Futures contracts.|
|Options CO Margin||Info Not Available||Upto 15x margin/leverage in CO order for options Contracts Sell only.|
|Commodity Margin||Up to 2.5x leverage for MCX futures MIS orders.||Complete SPAN is required.|
Compare Finvasia 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 Service Compare||Finvasia||Reliance Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||+911726670000/+911724770000/+919779097777||022 39886000|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Knowledge Center/Education||Info Not Available||https://www.5paisa.com/knowledge-centre|
|Head Office Address||Finvasia Securities Pvt Ltd
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
|Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Compare Finvasia with Reliance Securities on research reports and tips provided by the broker.
|Research Mutual Funds|
|Research Equity Reports|
|Daily Market Report|
|Quarterly Result Analysis|
Compare Finvasia with Reliance Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details
|Demat Account Annual Maintenance Charges(AMC)||Free||₹300 pa|
|Advance Deposit||Rs 0||Nil|
|Transaction Charges on Debit (Per ISIN)||₹9 + ₹5.50 (CDSL Charges) for every transaction||0.04% (Min ₹27) + CDSL charges|
|Demat||₹15 per certificate||₹5 per certificate + ₹30 request charges|
|Remat||₹15 for every hundred securities + CDSL Charges||₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges|
|Pledge Creation||₹25 per transaction||0.05% of transaction value (Min ₹30)|
|Pledge Creation Confirmation||NIL||0.05% of transaction value (Min ₹30)|
|Pledge Closure||₹25 per transaction||0.05% of transaction value (Min ₹30)|
|Pledge Closure Confirmation||NIL||0.05% of transaction value (Min ₹30)|
|Pledge Invocation||₹19 per transaction||0.05% of transaction value (Min ₹30)|
|Failed Instruction Charges||₹49||Nil|
Compare Finvasia with Reliance Securities on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through 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||Up to 24 hrs except for bank holidays.||Max 24 hrs except bank holidays|
|Bank Supported and Charges||Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms.||Info Not Available|
|Bank Detail||FINVASIA SECURITIES PVT LTD,
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
|RELIANCE SECURITIES LTD
|Special Offers/Promo||Free Account Opening+Free Demat AMC+Free Trading.|
|Enquiry||Enquire about Finvasia||Enquire about Reliance Securities|
Last Updated on 2020-02-07T00:21:08+00:00