The brokerage of Fyers Max Rs 20 per trade while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Fyers is a Discount Broker where Reliance Securities is a Full Service Broker. Fyers is having overall higher rating compare to Reliance Securities. Fyers 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 Fyers 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 Fyers 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 Fyers 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 Fyers 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||NSE, BSE, MCX||BSE, NSE|
|Broker Overview||One of the lowest discount brokerages offering free delivery trading, zero brokerage direct mutual fund investment, and trade at flat Rs. 20/order in other segments.||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 Fyers with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Fyers charges 1st year: Rs. 225, 2nd year onwards: Rs 300 PA 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||Free||Free|
|Demat AMC||1st year: Rs. 225, 2nd year onwards: Rs 300 PA||Rs 300 PA|
|Provide DP Service|
Plans are the most important feature you look when compare Fyers with Reliance Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Reliance Securities provides Multiple Plans where Fyers doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.
|Plan Types||Fyers||Reliance Securities|
|Account Opening Request|
Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.
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||Fyers||Reliance Securities|
|Plan Name||Max Rs 20 Per Order Trading Plan||R-FIXED Online Trading Plan (Percentage Based)|
|Equity Delivery||Free||0.4% or 40 paisa|
|Equity Intraday||0.03% or Rs 20 whichever is lower||0.04% or 4 paisa|
|Equity Futures||0.03% or Rs 20 whichever is lower||0.04% or 4 paisa|
|Equity Options||Flat Rs 20 per order||Rs 100 Per Lot|
|Currency Futures||0.03% or Rs 20 whichever is lower||0.04% or 4 paisa|
|Currency Options||Flat Rs 20 per order||Rs 100 Per Lot|
|Commodity Trading||0.03% or Rs 20 whichever is lower||0.04% or 4 paisa|
|Minimum Brokerage||NIL||5 paise per share|
|Funding||No||Yes - 18% interest PA|
|Call & Trade Charges||Rs 20 Per Order||Free First 20 call PM and Rs 20 their onwards.|
|Brokerage Calculator||Brokerage Calculator for Fyers||Brokerage Calculator for Reliance Securities|
|SPAN Margin Calculator||SPAN Margin Calculator for Fyers||SPAN Margin Calculator for Reliance Securities|
Compare Fyers with Reliance Securities on transaction charges and PCM fee by segment.
|Transaction Charges Compare||Fyers||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 240 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5900 Per Cr||Rs 5000 Per Cr|
|Currency Futures||Rs 175 Per Cr||Rs 110 Per Cr|
|Currency Options||Rs 6500 Per Cr||Rs 4000 Per Cr|
|Commodity||NA||Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr|
|Brokerage Charges||Complete Brokerage Plans for fyers||Complete Brokerage Plans for reliance-securities|
Compare Fyers 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 - Fyers offers Algo Trading where Reliance Securities doesn't offers Algo Trading. Margin Funding - Reliance Securities offers a margin funding where Fyers doesn't offers margin funding. NRI Trading - Reliance Securities offers NRI where Fyers doesn't offers NRI Trading.
|Account Features Compare||Fyers||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||Fyers 30 Day Challenge||Mobile Application: Rmobile Xpress|
With our expert research team, we have compared all the major features of Trading platform b/w Fyers 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||Fyers||Reliance Securities|
|Desktop Trading Platform||Fyers One||InstaXpress|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||Fyers Web||http://tick.rsec.co.in/|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Fyers Mobile App||TICK PRO|
|Mobile Trading App Demo||Fyers Mobile App Demo||TICK PRO Demo|
|Android Mobile App|
|Android App Download||Andriod Fyers Mobile App Download||Andriod TICK PRO Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Fyers Mobile App Download||iOS TICK PRO Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for Fyers||Equity Intraday and Delivery Brokerage Calculator for Reliance Securities|
|Futures Brokerage Calculator||Futures Brokerage Calculator for Fyers||Futures Brokerage Calculator for Reliance Securities|
|Options Brokerage Calculator||Options Brokerage Calculator for Fyers||Options Brokerage Calculator for Reliance Securities|
|Detail||Detail on Trading Platforms for fyers||Detail on Trading Platforms for reliance-securities|
|9 Customer Reviews||52 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|Broker Rating||Fyers is Rated 3.3 / 5 based on 9 customer reviews||Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews|
Compare Fyers 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 Fyers doesn't offer
|Investment Offerings Compare||Fyers||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 Fyers 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- Fyers offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Fyers||Reliance Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare Fyers 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||Fyers||Reliance Securities|
|Equity Delivery Margin||No Margin/Leverage for Equity Delivery.||Upto 4x via Margin Funding.|
|Equity Intraday Margin||Up to 16x leverage for equity MIS.||Upto 10x leverage for equity.|
|Futures Margin||Up to 4x leverage for Index and Stocks.||Upto 2x leverage for futures.|
|Options Margin||Up to 3x exposure for Options shorting, 1.33x for Options Buying.||Upto 2x margin for Options shorting, No leverage for option buying.|
|Equity CO Margin||Up to 5x to 33x margin/leverage in CO order for selected equity scripts.||Upto 15x margin/leverage in CO order for selected equity scripts.|
|Futures CO Margin||Up to 8x to 33x margin/leverage in CO order for Futures contracts.||Upto 15x margin/leverage in CO order for Futures contracts.|
|Options CO Margin||Upto 7x margin/leverage in CO order for Options Selling only and 1.33x for Options Buying.||Upto 15x margin/leverage in CO order for options Contracts Sell only.|
|Commodity Margin||Up to 3x on MCX MIS orders. For CO 8x to 33x for MCX.||Complete SPAN is required.|
Compare Fyers 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||Fyers||Reliance Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||080 4625 1111||022 39886000|
|Account Opening Process||100% online and paperless proc||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore – 560009
|Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Compare Fyers 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 Fyers 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|
|Transaction Charges on Debit (Per ISIN)||₹10 + ₹5.50 (CDSL Charges) per transaction||0.04% (Min ₹27) + CDSL charges|
|Demat||₹100 per certificate||₹5 per certificate + ₹30 request charges|
|Remat||₹100 per certificate + CDSL Charges||₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges|
|Pledge Creation||₹50 + ₹12 CSDL charges||0.05% of transaction value (Min ₹30)|
|Pledge Creation Confirmation||Nil||0.05% of transaction value (Min ₹30)|
|Pledge Closure||₹50 + ₹12 CSDL charges||0.05% of transaction value (Min ₹30)|
|Pledge Closure Confirmation||Nil||0.05% of transaction value (Min ₹30)|
|Pledge Invocation||₹50||0.05% of transaction value (Min ₹30)|
|Failed Instruction Charges||Nil||Nil|
Compare Fyers 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/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
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||Upto 24 Hrs except Bank Holidays.||Max 24 hrs except bank holidays|
|Bank Supported and Charges||24+ bank connected via payment gatway, Rs 10 fee for per transaction.||Info Not Available|
|Bank Detail||Fyers Securities,
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
|RELIANCE SECURITIES LTD
Get FREE Equity Delivery Trading (Zero Brokerage) and trade at Flat Rs 20 per order in other segments.
|Enquiry||Enquire about Fyers||Enquire about Reliance Securities|
Last Updated on 2021-02-23T03:27:58+00:00