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.

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
  • 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 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, MCX BSE, NSE
Active Clients 1,25,472 45,003
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.
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

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 & 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 1st year: Rs. 225, 2nd year onwards: Rs 300 PA Rs 300 PA
Provide DP Service Yes 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 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.

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 0.03% 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
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 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 - 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 Yes Yes
Intraday Square-off Time 3:15 PM 3:15PM
NRI Trading No Yes
Other Features Fyers 30 Day Challenge 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 links 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 Fyers Web 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 Mobile App TICK PRO
Mobile Trading App Demo Fyers Mobile App Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod Fyers Mobile App Download Andriod TICK PRO Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Fyers Mobile App 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
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 Fyers vs Reliance Securities on User Rating

  Fyers Reliance Securities
  9 Customer Reviews    Rate Fyers 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.4 3.5
Trading Brokerage Rating 3.7 3.4
Trading Platform Usability 3.8 3.3
Customer Service Ratings 3.4 3.4
Overall Ratings Rated 3.3 stars Rated 3.4 stars
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
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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 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 with Reliance Securities
Investment Offerings Compare Fyers 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 No 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 Fyers vs Reliance Securities on Order Types

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 Types - Compare Fyers with Reliance Securities
Order Type Compare Fyers 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 Yes No
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Margin/Leverage

Compare Fyers vs Reliance Securities on Margin/Leverage

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.

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 MIS. Upto 10x leverage for equity.
Futures Margin Fyers vs Reliance Securities - Futures Margin Up to 4x leverage for Index and Stocks. Upto 2x leverage for futures.
Options Margin Fyers vs Reliance Securities - 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 Fyers vs Reliance Securities - 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 Fyers vs Reliance Securities - 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 Fyers vs Reliance Securities - 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 Fyers vs Reliance Securities - Commodity Margin Up to 3x on MCX MIS orders. For CO 8x to 33x for MCX. 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 compares types of service offered by each broker for a quick resolution for query/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 100% online and paperless proc 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 the 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 covers 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 432-2019 41400
Demat Account Annual Maintenance Charges(AMC) Free ₹300 pa
Advance Deposit Nil Nil
Statutory charges Nil Nil
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
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Fyers vs Reliance Securities on Special Offers and Promotion

Compare Fyers with Reliance Securities on the general features, advantages, disadvantages, payout 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 24+ 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

Detail Review...

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

Detail Review...

Dislikes
  • You can’t open a 3-in-1 account (Demat + trading + bank account) with Fyers.
  • NRI trading is not available at Fyers.

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 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


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