Compare 3 Brokers

Finvasia Vs Reliance Securities: Which one is better?

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

  • 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 Finvasia vs Reliance Securities on Service

  Finvasia Compare
Finvasia
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 1,25,472 14,623
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... Know more about Finvasia 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 Finvasia. 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 Finvasia vs Reliance Securities on Trading & Demat Account Opening Charges

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 & Demat Account Opening Charges - Compare Finvasia with Reliance Securities
Charges Finvasia Reliance Securities
Trading Account Opening Fees Free Rs 950
Trading AMC Free Free
Demat Account Opening Fees Rs 0 (Rs 199 for POA) Free
Demat AMC Free Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Finvasia vs Reliance Securities on Plan Options

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.

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

Account Opening

  Finvasia Reliance Securities
Account Opening Request
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Brokerage Charges

Compare Finvasia vs Reliance Securities on Brokerage Charges

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 with Reliance Securities
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
Hidden Charges No No
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
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Share Broker's Transaction Charges

Compare Finvasia vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare Finvasia with Reliance Securities
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
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Account Features

Compare Finvasia vs Reliance Securities on Account Features

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 - Finvasia with Reliance Securities
Account Features Compare Finvasia Reliance Securities
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes 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 Finvasia vs Reliance Securities on Trading Platform

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 with Reliance Securities
Trading Platform Compare Finvasia Reliance Securities
Desktop Trading Platform OMNESYS NEST 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 https://trade.finvasia.com/ 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 SCALPERT TICK PRO
Mobile Trading App Demo SCALPERT Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod TICK PRO Download
iPhone Mobile App (IOS) No Yes
iOS App Download Info Not Available iOS TICK PRO Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
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
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 Finvasia vs Reliance Securities on User Rating

  Finvasia Reliance Securities
  8 Customer Reviews    Rate Finvasia 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.8 3.5
Trading Brokerage Rating 4.3 3.4
Trading Platform Usability 3.9 3.3
Customer Service Ratings 3.8 3.4
Overall Ratings Rated 4.0 stars Rated 3.4 stars
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
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Investment Offerings

Compare Finvasia vs Reliance Securities on Investment Offerings

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 with Reliance Securities
Investment Offerings Compare Finvasia 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 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 Finvasia vs Reliance Securities on Order Types

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 Types - Compare Finvasia with Reliance Securities
Order Type Compare Finvasia 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 Finvasia vs Reliance Securities on Margin/Leverage

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.

Exposure/margin - Compare Finvasia with Reliance Securities
Margin Product Compare Finvasia Reliance Securities
Equity Delivery Margin Finvasia vs Reliance Securities - Equity Delivery Margin No Margin/Leverage for Equity Delivery. Upto 4x via Margin Funding.
Equity Intraday Margin Finvasia vs Reliance Securities - Equity Intraday Margin Up to 10x leverage for equity category A scripts. Upto 10x leverage for equity.
Futures Margin Finvasia vs Reliance Securities - Futures Margin Up to 2x leverage for futures. Upto 2x leverage for futures.
Options Margin Finvasia vs Reliance Securities - Options Margin No leverage for Options buying and shorting. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Finvasia vs Reliance Securities - Equity CO Margin Info Not Available Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Finvasia vs Reliance Securities - Futures CO Margin Info Not Available Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin Finvasia vs Reliance Securities - Options CO Margin Info Not Available Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin Finvasia vs Reliance Securities - Commodity Margin Up to 2.5x leverage for MCX futures MIS orders. Complete SPAN is required.
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Customer Service Offered

Compare Finvasia vs Reliance Securities on Customer Service

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 Support - Compare Finvasia with Reliance Securities
Customer Service Compare Finvasia Reliance Securities
24/7 Customer Service Finvasia vs Reliance Securities - 24x7 customer support No No
Email Support Finvasia vs Reliance Securities - Email Support Yes Yes
Onine Live Chat Finvasia vs Reliance Securities - Onine Live Chat Yes Yes
Phone Support Finvasia vs Reliance Securities - Phone Support Yes Yes
Toll Free Number Finvasia vs Reliance Securities - Toll Free Number No Yes
Through Branches Finvasia vs Reliance Securities - Through Branches No Yes
Customer Care Number Finvasia vs Reliance Securities - Customer Care Number +911726670000/+911724770000/+919779097777 022 39886000
Account Opening Process Finvasia vs Reliance Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Finvasia vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Finvasia vs Reliance Securities - Knowledge Center/Education Info Not Available https://www.5paisa.com/knowledge-centre
Head Office Address Finvasia vs Reliance Securities - Head Office Address/Corporate Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website Finvasia vs Reliance Securities - Company Website https://www.finvasia.com/ https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Finvasia vs Reliance Securities on Research Reports, Tips

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

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

Compare Finvasia vs Reliance Securities on Demat Account

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

Demat Charges - Compare Finvasia with Reliance Securities
  Finvasia Reliance Securities
DP Source CDSL CDSL
DP ID Finvasia vs Reliance Securities - DP ID 84300 41400
Demat Account Annual Maintenance Charges(AMC) Free ₹300 pa
Advance Deposit Rs 0 Nil
Statutory charges Nil 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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Reliance Securities on Special Offers and Promotion

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

Compare Finvasia vs Reliance Securities on Special Offers and Promotion
  Finvasia Reliance Securities
Pay In and Pay Out Options Finvasia vs Reliance Securities - 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 Finvasia vs Reliance Securities - Payout Time Up to 24 hrs except for bank holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Finvasia vs Reliance Securities - 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,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Choice of trading platforms including in-house built Scalpert.
  • Zero brokerage charges for trading across all segments.
  • NRI services available.
  • Portfolio Management Service for HNIs.
  • Research on markets and guidance available.
  • Offer proprietary trading services.

Detail Review...

  • Big margin and option to pay within t+5 days.
  • Dedicated research team.
  • Site wide quote bar.

Detail Review...

Dislikes
  • Software usage charges.
  • Leverage offered is low as compared to other stock brokers.
  • Lack of branches and local offices.
  • Scalpert Mobile App lacking important features and not available for IOS users.

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 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


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