Compare 3 Brokers

Geojit Vs Reliance Securities: Which one is better?

The brokerage of Geojit ranges between .03 to .3% while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Both the brokers are Full Service brokers. Geojit is having overall higher rating compare to Reliance Securities. Geojit 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 Geojit 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 Geojit 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 Geojit 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 Geojit 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 Geojit vs Reliance Securities on Service

  Geojit Compare
Geojit
Reliance Securities Compare
Reliance Securities
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX-SX BSE, NSE
Active Clients 1,25,472 2,15,138
Broker Overview Based in Kochi, Kerela, Geojit BNP Paribas is a well-known and established brokerage house in India offering their clients customized online trading platforms, certified financial advisors, tips and recommendations, strong research ideas, portfolio m... Know more about Geojit 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 Geojit. 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 Geojit vs Reliance Securities on Trading & Demat Account Opening Charges

Comparison of Geojit with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Geojit offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Geojit 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 Geojit with Reliance Securities
Charges Geojit 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 Yes Yes
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About Brokerage Plans

Compare Geojit vs Reliance Securities on Plan Options

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

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

Account Opening

  Geojit Reliance Securities
Account Opening Request
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Brokerage Charges

Compare Geojit vs Reliance Securities on Brokerage Charges

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan.Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

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 Geojit with Reliance Securities
Brokerage Charges Compare Geojit Reliance Securities
Plan Name Online Trading Plan (Percentage Based) R-FIXED Online Trading Plan (Percentage Based)
Equity Delivery 0.3% or 30 paisa 0.4% or 40 paisa
Equity Intraday 0.03% or 3 paisa 0.04% or 4 paisa
Equity Futures 0.03% or 3 paisa 0.04% or 4 paisa
Equity Options Rs 75 Per Lot Rs 100 Per Lot
Currency Futures Rs 15 Per Lot 0.04% or 4 paisa
Currency Options Rs 15 Per Lot Rs 100 Per Lot
Commodity Trading 0.05% or 5 paisa 0.04% or 4 paisa
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher 5 paise per share
Hidden Charges Info Not Available No
Funding Yes - 20% interest PA Yes - 18% interest PA
Call & Trade Charges Free Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for Reliance Securities
SPAN Margin Calculator SPAN Margin Calculator for Geojit SPAN Margin Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare Geojit vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare Geojit with Reliance Securities
Transaction Charges Compare Geojit 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 110 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 geojit Complete Brokerage Plans for reliance-securities
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Account Features

Compare Geojit vs Reliance Securities on Account Features

Compare Geojit 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 - both doesn't offers Algo trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Geojit with Reliance Securities
Account Features Compare Geojit Reliance Securities
3 in 1 Account No Geojit have 2-in-1 account. Only Demate and Trading account. No Geojit have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL Mobile Application: Rmobile Xpress
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Trading Platform

Compare Geojit vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Geojit 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 Geojit with Reliance Securities
Trading Platform Compare Geojit Reliance Securities
Desktop Trading Platform SELFIE Platinum 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 https://selfie.geojit.net/ http://tick.rsec.co.in/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SELFIE Geojit TICK PRO
Mobile Trading App Demo SELFIE Geojit Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod TICK PRO Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS SELFIE Geojit Download iOS TICK PRO Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for geojit 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 Geojit vs Reliance Securities on User Rating

  Geojit Reliance Securities
  78 Customer Reviews    Rate Geojit 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 3.7 3.5
Trading Brokerage Rating 3.4 3.4
Trading Platform Usability 4.0 3.3
Customer Service Ratings 3.8 3.4
Overall Ratings Rated 3.8 stars Rated 3.4 stars
Broker Rating Geojit is Rated 3.8 / 5 based on 78 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare Geojit vs Reliance Securities on Investment Offerings

Compare Geojit 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) - both the brokers provides PMS Service. You can invest in stocks/equity/bonds using PMS.

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

Compare Geojit vs Reliance Securities on Order Types

Order Type - Compare Geojit 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) - Reliance Securities provides Cover Orders (CO) where Geojit doesn't offer,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) - Reliance Securities provides Bracket Orders (BO) where Geojit doesn't offer.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 facilities. The orders are sent to exchange on the next trading day. GTC Orders- Geojit offers Good Till Cancelled (GTC) orders where Reliance Securities doesn't support Good Till Cancelled (GTC) orders.

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

Compare Geojit vs Reliance Securities on Margin/Leverage

Compare Geojit 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 Geojit with Reliance Securities
Margin Product Compare Geojit Reliance Securities
Equity Delivery Margin Geojit vs Reliance Securities - Equity Delivery Margin Upto 2x leverage for equity delivery - via Margin Funding. Upto 4x via Margin Funding.
Equity Intraday Margin Geojit vs Reliance Securities - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Upto 10x leverage for equity.
Futures Margin Geojit vs Reliance Securities - Futures Margin 1x means actual SPAN + Exposure. Upto 2x leverage for futures.
Options Margin Geojit vs Reliance Securities - Options Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Upto 2x margin for Options shorting, No leverage for option buying.
Equity CO Margin Geojit vs Reliance Securities - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Upto 15x margin/leverage in CO order for selected equity scripts.
Futures CO Margin Geojit vs Reliance Securities - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. Upto 15x margin/leverage in CO order for Futures contracts.
Options CO Margin Geojit vs Reliance Securities - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. Upto 15x margin/leverage in CO order for options Contracts Sell only.
Commodity Margin Geojit vs Reliance Securities - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Complete SPAN is required.
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Customer Service Offered

Compare Geojit vs Reliance Securities on Customer Service

Compare Geojit 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 Geojit with Reliance Securities
Customer Service Compare Geojit Reliance Securities
24/7 Customer Service Geojit vs Reliance Securities - 24x7 customer support No No
Email Support Geojit vs Reliance Securities - Email Support Yes Yes
Onine Live Chat Geojit vs Reliance Securities - Onine Live Chat No Yes
Phone Support Geojit vs Reliance Securities - Phone Support Yes Yes
Toll Free Number Geojit vs Reliance Securities - Toll Free Number Yes Yes
Through Branches Geojit vs Reliance Securities - Through Branches Yes Yes
Customer Care Number Geojit vs Reliance Securities - Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 022 39886000
Account Opening Process Geojit vs Reliance Securities - Account Opening Process Offline Online/Paperless
Customer Support Email Geojit vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Geojit vs Reliance Securities - Knowledge Center/Education https://www.geojit.com/equity-products/class-room https://www.5paisa.com/knowledge-centre
Head Office Address Geojit vs Reliance Securities - Head Office Address/Corporate Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website Geojit vs Reliance Securities - Company Website https://www.geojit.com/ https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Geojit vs Reliance Securities on Research Reports, Tips

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

Research Reports - Compare Geojit with Reliance Securities
  Geojit Reliance Securities
Research Mutual Funds Geojit vs Reliance Securities - Research Mutual Funds Yes Yes
Research Equity Reports Geojit vs Reliance Securities - Research Equity Reports Yes Yes
Research ETF Geojit vs Reliance Securities - Research ETF Yes Yes
Daily Market Report Geojit vs Reliance Securities - Daily Market Report Yes Yes
Free Tips Geojit vs Reliance Securities - Free Tips Yes Yes
Quarterly Result Analysis Geojit vs Reliance Securities - Quarterly Results Yes Yes
News Alerts Geojit vs Reliance Securities - Yes Yes
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Demat Account

Compare Geojit vs Reliance Securities on Demat Account

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

Demat Charges - Compare Geojit with Reliance Securities
  Geojit Reliance Securities
DP Source CDSL CDSL
DP ID Geojit vs Reliance Securities - DP ID 48900 41400
Demat Account Annual Maintenance Charges(AMC) ₹600 pa ₹300 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges 0.04% (Min ₹27) + CDSL charges
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹5 per certificate + ₹30 request charges
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation ₹50 per transaction 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Closure Nil 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation Nil 0.05% of transaction value (Min ₹30)
Pledge Invocation ₹50 per transaction 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 Geojit vs Reliance Securities on Special Offers and Promotion

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

Compare Geojit vs Reliance Securities on Special Offers and Promotion
  Geojit Reliance Securities
Pay In and Pay Out Options Geojit 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 SELFIE Trading Platform.
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 Geojit vs Reliance Securities - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Geojit vs Reliance Securities - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available RELIANCE SECURITIES LTD
Account No.:9500XXXXXXXX
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Likes
  • Strong research ideas.
  • Daily mails on market conditions and recommendations.
  • Latest online trading Platform SELFIE.
  • Exclusive branches for women.

Detail Review...

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

Detail Review...

Dislikes
  • No brokerage calculator.
  • Lacking online chat and 24*7 support.
  • Minimum Brokerage charges.

Detail Review...

  • Commodity trading not available.
  • Not a 3 in 1 account.
  • Average customer service.
  • Lots of hidden charges.

Detail Review...

Special Offers/Promo
Enquiry Enquire about Geojit Enquire about Reliance Securities

Last Updated on 2020-01-06T23:03:48+00:00


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