Compare 3 Brokers

Fyers Vs Reliance Securities: Which one is better?

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.

Compare Fyers vs Reliance Securities on Service

  Fyers Compare
Fyers
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? NSE BSE, NSE
Broker Overview Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment. 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 Fyers. 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 Fyers vs Reliance Securities on Trading & Demat Account Opening Charges

In this section we have compared 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 opeing. Demat AMC charges - Fyers charges Rs 400 PA AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Fyers with Reliance Securities
Charges Fyers Reliance Securities
Trading Account Opening Fees Free Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA Rs 300 PA
Provide DP Service No Yes
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About Brokerage Plans

Compare Fyers vs Reliance Securities on Plan Options

Plans are the most important feature you look when compare Fyers with Reliance Securities. This section copare on high level about type of plans offered by brokers. Miltiple Plans - Reliance Securities provides Multiple Plans where Fyers doesn't offer Monthlay Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Fyers Reliance Securities
Account Opening Request
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Brokerage Charges

Compare Fyers vs Reliance Securities on Brokerage Charges

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 with Reliance Securities
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 0.01% or Rs 20 whichever is lower 0.04% or 4 paisa
Equity Futures 0.01% or Rs 20 whichever is lower 0.04% or 4 paisa
Equity Options Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures 0.01% or Rs 20 whichever is lower 0.04% or 4 paisa
Currency Options Flat Fee Rs 20 Rs 100 Per Lot
Commodity Trading NA 0.04% or 4 paisa
Minimum Brokerage NIL 5 paise per share
Hidden Charges No No
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
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Share Broker's Transaction Charges

Compare Fyers vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare Fyers with Reliance Securities
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
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Account Features

Compare Fyers vs Reliance Securities on Account Features

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 margin funding where Fyers doesn't offers margin funding. NRI Trading - Reliance Securities offers NRI where Fyers doesn't offers NRI Trading.

Account Features - Fyers with Reliance Securities
Account Features Compare Fyers Reliance Securities
3 in 1 Account No Fyers have 2-in-1 account. Only Demate and Trading account. No Fyers 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 No Yes
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading No Yes
Other Features Free Call & trade Mobile Application: Rmobile Xpress
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Trading Platform

Compare Fyers vs Reliance Securities on Trading Platform

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 link for mobile app to download and demo links for easy access.

Trading Platform - Compare Fyers with Reliance Securities
Trading Platform Compare Fyers Reliance Securities
Desktop Trading Platform Fyers One 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 http://webtrader.fyers.in/userMaster/login http://tick.rsec.co.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Fyers Markets TICK PRO
Mobile Trading App Demo Fyers Markets Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod Fyers Markets Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Fyers Markets Download iOS TICK PRO Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
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

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Broker Ratings by Users

Compare Fyers vs Reliance Securities on User Rating

  Fyers Reliance Securities
  5 Customer Reviews    Rate Fyers 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.4 3.5
Trading Brokerage Rating 3.8 3.4
Trading Platform Usability 4.2 3.3
Customer Service Ratings 4.0 3.4
Overall Ratings Rated 3.8 stars Rated 3.4 stars
Broker Rating Fyers is Rated 3.8 / 5 based on 5 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare Fyers vs Reliance Securities on Investment Offerings

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 brokers offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Reliance Securities offers trading options in Commodity (MCX) where Fyers doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - Reliance Securities provides PMS Service where Fyers doesn't offer

Investment Offerings - Compare Fyers with Reliance Securities
Investment Offerings Compare Fyers Reliance Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare Fyers vs Reliance Securities on Order Types

Order Type - Compare Fyers 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) - both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. 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- Fyers offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Fyers with Reliance Securities
Order Type Compare Fyers Reliance Securities
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre Yes Yes
Bracket Ordre Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Margin/Leverage

Compare Fyers vs Reliance Securities on Margin/Leverage

Comapre Fyers 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 Fyers with Reliance Securities
Margin Product Compare Fyers Reliance Securities
Equity Delivery Margin Fyers vs Reliance Securities - Equity Delivery Margin No Margin/Leverage for Equity delivery. Upto 4x via Margin Funding.
Equity Intraday Margin Fyers vs Reliance Securities - Equity Intraday Margin Up to 16x leverage for equity. Upto 10x leverage for equity.
Futures Margin Fyers vs Reliance Securities - Futures Margin Up to 4x leverage for equity futures. Upto 2x leverage for futures.
Options Margin Fyers vs Reliance Securities - Options Margin Up to 4x for options selling and 1.3x for options buying. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Fyers vs Reliance Securities - Equity CO Margin Up to 20x leverage for equity cover order. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Fyers vs Reliance Securities - Futures CO Margin Up to 33x leverage for future cover order. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin Fyers vs Reliance Securities - Options CO Margin Up to 33x leverage for options cover order. Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin Fyers vs Reliance Securities - Commodity Margin Info Not Available Complete SPAN is required.
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Customer Service Offered

Compare Fyers vs Reliance Securities on Customer Service

Compare Fyers 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 Fyers with Reliance Securities
Customer Service Compare Fyers Reliance Securities
24/7 Customer Service Fyers vs Reliance Securities - 24x7 customer support No No
Email Support Fyers vs Reliance Securities - Email Support Yes Yes
Onine Live Chat Fyers vs Reliance Securities - Onine Live Chat No Yes
Phone Support Fyers vs Reliance Securities - Phone Support Yes Yes
Toll Free Number Fyers vs Reliance Securities - Toll Free Number No Yes
Through Branches Fyers vs Reliance Securities - Through Branches No Yes
Customer Care Number Fyers vs Reliance Securities - Customer Care Number 080 4625 1111 022 39886000
Account Opening Process Fyers vs Reliance Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Fyers vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Fyers vs Reliance Securities - Knowledge Center/Education https://fyers.in/faqs/ https://www.5paisa.com/knowledge-centre
Head Office Address Fyers vs Reliance Securities - Head Office Address/Corporate Address Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website Fyers vs Reliance Securities - Company Website https://fyers.in/ https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Fyers vs Reliance Securities on Research Reports, Tips

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

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

Compare Fyers vs Reliance Securities on Demat Account

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

Demat Charges - Compare Fyers with Reliance Securities
  Fyers Reliance Securities
DP Source CDSL CDSL
DP ID Fyers vs Reliance Securities - DP ID Info Not Available 41400
Demat Account Annual Maintenance Charges(AMC) 400 - Individual, 500 - Non Individual AMC levied on monthly basis. BSDA-(Only for Individual having one demat account):-A)If Holding value at any date is not greater than Rs.50,000/- Nil charges B)If Holding value at any date between Rs. 50001/-toRs 200000/-Rs100.Regular Demat Account (non BSDA):A)For Individual /HUFs / Trust :-Accounts activated prior to Sep 01 2015-Rs. 300/- Accounts activated on or after Sep 01 2015-Rs.400/- B)For NRIs/Foreign Nationals:-Nil,C)For Corporate / Other Non Individuals:Rs 1000/,LifeTime Free AMC(NEW),For Individual/HUFs/Trust(refundable Deposit of Rs 2500/-)
Advance Deposit NIL Nil
Statutory charges NIL Nil
Transaction Charges on Debit (Per ISIN) Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders] For Instruction given in physical form:- Rs. 0.04% of Transaction value or minimum of Rs. 27/- per ISIN For Instruction received through Internet / online trading through Reliance Securities Ltd. Rs. 0.04% of Transaction value or minimum of Rs. 27/- per ISIN
Demat 2 per certificate + Rs.35 courier charges Rs. 30/- per request extra Rs. 5/- for each certificate
Remat Rs 25 Rs.40/- for 100 securities or part thereof or a flat fee of Rs.25/- per certificate which ever is higher in addition to Regd. post charges, subject to minimum Rs.25/-.
Pledge Creation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Creation Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Closure 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Closure Confirmation 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250 Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Pledge Invocation 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually Rs. 0.05% of Transaction value or minimum of Rs. 30/- per ISIN
Failed Instruction Charges Rs 30 per transaction Nil
Other Charges Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request Additional Account Statements for Individuals/HUFs/ Corporate Rs. 40/- per Statement. For NRI / Foreign Nationals Rs. 100/- per statement. Additional physical account statement for NRI/Foreign Nationals having corresponding address outside India. Rs. 1000/- per statement. Physical Statement (for BSDA client) Rs.25/- per statement.

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Special Offers,Advantages,Disadvantages

Compare Fyers vs Reliance Securities on Special Offers and Promotion

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

Compare Fyers vs Reliance Securities on Special Offers and Promotion
  Fyers Reliance Securities
Pay In and Pay Out Options Fyers vs Reliance Securities - 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 Fyers vs Reliance Securities - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Fyers vs Reliance Securities - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. Info Not Available
Bank Detail Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. Detail Review...

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

Detail Review...

Dislikes
  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

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 FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about Fyers Enquire about Reliance Securities

Last Updated on 2019-07-08T01:29:09+00:00







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