Compare 3 Brokers

Karvy Vs Reliance Securities: Which one is better?

The brokerage of Karvy ranges between 0.03 to 0.3% while the brokerage of Reliance Securities ranges between 0.04 - 0.4%. Both the brokers are Full Service brokers. Karvy is having overall higher rating compare to Reliance Securities. Karvy 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 Karvy 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 Karvy 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 Karvy 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 Karvy 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 Karvy vs Reliance Securities on Service

  Karvy Compare
Karvy
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? NSE,BSE,MCX-SX,MCX,NCDEX BSE, NSE
Active Clients 1,24,571
Broker Overview One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory. 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 Karvy. 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 Karvy vs Reliance Securities on Trading & Demat Account Opening Charges

Comparison of Karvy with Reliance Securities on trading & demat account opening charges and AMC. Trading account opening charges - Karvy offer Free account opening where Reliance Securities charges Rs 950 for account opening. Demat AMC charges - Karvy charges Rs 500 PA AMC for Demat account where Reliance Securities charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Karvy with Reliance Securities
Charges Karvy Reliance Securities
Trading Account Opening Fees Free Rs 950
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Karvy vs Reliance Securities on Plan Options

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

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

Account Opening

  Karvy Reliance Securities
Account Opening Request
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Brokerage Charges

Compare Karvy vs Reliance Securities on Brokerage Charges

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

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 Karvy with Reliance Securities
Brokerage Charges Compare Karvy Reliance Securities
Plan Name Basic 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 50 Per Lot Rs 100 Per Lot
Currency Futures 0.03% or 3 paisa 0.04% or 4 paisa
Currency Options Rs 50 Per Lot Rs 100 Per Lot
Commodity Trading 0.03% or 3 paisa 0.04% or 4 paisa
Minimum Brokerage NIL 5 paise per share
Hidden Charges Info Not Available No
Funding Yes - 18% interest PA Yes - 18% interest PA
Call & Trade Charges Call 18004198283 number for Call and Trade, SMS Order faclity also available Free First 20 call PM and Rs 20 their onwards.
Brokerage Calculator Brokerage Calculator for Karvy Brokerage Calculator for Reliance Securities
SPAN Margin Calculator SPAN Margin Calculator for Karvy SPAN Margin Calculator for Reliance Securities
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Share Broker's Transaction Charges

Compare Karvy vs Reliance Securities on Transaction Charges

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

Transaction Charges - Compare Karvy with Reliance Securities
Transaction Charges Compare Karvy 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 karvy Complete Brokerage Plans for reliance-securities
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Account Features

Compare Karvy vs Reliance Securities on Account Features

Compare Karvy 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 - Karvy offers Algo Trading where Reliance Securities doesn't offers Algo Trading. Margin Funding - Reliance Securities offers a margin funding where Karvy doesn't offers margin funding. NRI Trading - Reliance Securities offers NRI where Karvy doesn't offers NRI Trading.

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

Compare Karvy vs Reliance Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Karvy 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 Karvy with Reliance Securities
Trading Platform Compare Karvy Reliance Securities
Desktop Trading Platform Karvy NESTTrader 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://trade.karvyonline.com/KARVY/Login/indexauth.jsp 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 KarvyOnline TICK PRO
Mobile Trading App Demo KarvyOnline Demo TICK PRO Demo
Android Mobile App Yes Yes
Android App Download Andriod KarvyOnline Download Andriod TICK PRO Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS KarvyOnline 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 Karvy Equity Intraday and Delivery Brokerage Calculator for Reliance Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Karvy Futures Brokerage Calculator for Reliance Securities
Options Brokerage Calculator Options Brokerage Calculator for Karvy Options Brokerage Calculator for Reliance Securities
Detail Detail on Trading Platforms for karvy 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 Karvy vs Reliance Securities on User Rating

  Karvy Reliance Securities
  3 Customer Reviews    Rate Karvy 52 Customer Reviews    Rate Reliance Securities
Fees Ratings 2.7 3.5
Trading Brokerage Rating 2.3 3.4
Trading Platform Usability 2.3 3.3
Customer Service Ratings 3.7 3.4
Overall Ratings Rated 2.7 stars Rated 3.4 stars
Broker Rating Karvy is Rated 2.7 / 5 based on 3 customer reviews Reliance Securities is Rated 3.4 / 5 based on 52 customer reviews
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Investment Offerings

Compare Karvy vs Reliance Securities on Investment Offerings

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

Order Type - Compare Karvy 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)- Reliance Securities offers After market orders where Karvy doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Karvy with Reliance Securities
Order Type Compare Karvy 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 No Yes
GTC-Good Till Cancelled No No
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Margin/Leverage

Compare Karvy vs Reliance Securities on Margin/Leverage

Compare Karvy 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 Karvy with Reliance Securities
Margin Product Compare Karvy Reliance Securities
Equity Delivery Margin Karvy vs Reliance Securities - Equity Delivery Margin Up to 4x leverage for equity delivery. Upto 4x via Margin Funding.
Equity Intraday Margin Karvy vs Reliance Securities - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Upto 10x leverage for equity.
Futures Margin Karvy vs Reliance Securities - Futures Margin 1x means actual SPAN + Exposure. Upto 2x leverage for futures.
Options Margin Karvy 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 Karvy 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 Karvy 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 Karvy 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 Karvy 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 Karvy vs Reliance Securities on Customer Service

Compare Karvy 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 Karvy with Reliance Securities
Customer Service Compare Karvy Reliance Securities
24/7 Customer Service Karvy vs Reliance Securities - 24x7 customer support No No
Email Support Karvy vs Reliance Securities - Email Support Yes Yes
Onine Live Chat Karvy vs Reliance Securities - Onine Live Chat No Yes
Phone Support Karvy vs Reliance Securities - Phone Support Yes Yes
Toll Free Number Karvy vs Reliance Securities - Toll Free Number Yes Yes
Through Branches Karvy vs Reliance Securities - Through Branches Yes Yes
Customer Care Number Karvy vs Reliance Securities - Customer Care Number 18004198283/7093706007/18004198283 022 39886000
Account Opening Process Karvy vs Reliance Securities - Account Opening Process Online/Paperless Online/Paperless
Customer Support Email Karvy vs Reliance Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Karvy vs Reliance Securities - Knowledge Center/Education https://www.karvyonline.com/knowledge-center/index https://www.5paisa.com/knowledge-centre
Head Office Address Karvy vs Reliance Securities - Head Office Address/Corporate Address Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Mumbai-MH- 400055
Website Karvy vs Reliance Securities - Company Website www.karvyonline.com https://www.reliancesmartmoney.com
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Tips/Research/Reports Published

Compare Karvy vs Reliance Securities on Research Reports, Tips

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

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

Compare Karvy vs Reliance Securities on Demat Account

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

Demat Charges - Compare Karvy with Reliance Securities
  Karvy Reliance Securities
DP Source CDSL CDSL
DP ID Karvy vs Reliance Securities - DP ID 33200 41400
Demat Account Annual Maintenance Charges(AMC) ₹365 pa ₹300 pa
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹15 per transaction 0.04% (Min ₹27) + CDSL charges
Demat ₹5 per certificate + ₹40 courier charges ₹5 per certificate + ₹30 request charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) ₹40 for every hundred securities or ₹25 per certificate (whichever is higher) + ₹25 courier charges
Pledge Creation 0.03% of transaction value (Min ₹100 and Max ₹5k) 0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation 0.03% of transaction value (Min ₹100 and Max ₹5k) 0.05% of transaction value (Min ₹30)
Pledge Closure 0.03% of transaction value (Min ₹100 and Max ₹5k) 0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation 0.03% of transaction value (Min ₹100 and Max ₹5k) 0.05% of transaction value (Min ₹30)
Pledge Invocation 0.03% of transaction value (Min ₹100 and Max ₹5k) 0.05% of transaction value (Min ₹30)
Failed Instruction Charges ₹100 Nil
Other Charges Nil Nil

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Special Offers,Advantages,Disadvantages

Compare Karvy vs Reliance Securities on Special Offers and Promotion

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

Compare Karvy vs Reliance Securities on Special Offers and Promotion
  Karvy Reliance Securities
Pay In and Pay Out Options Karvy 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 Karvy Broking 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 Karvy vs Reliance Securities - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Karvy vs Reliance Securities - Bank Supported and Charges Around 40+ bank are prefered parter with Karvy Stock Broking. 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

Customer centric, leading-edge technology, top-notch research team, professional management and a wide network of offices across India.

Detail Review...

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

Detail Review...

Dislikes
  • 3-in-1 account opening facility is not available with Karvy.

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 Karvy Enquire about Reliance Securities

Last Updated on 2020-04-07T10:51:20+00:00


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