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
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||Full Service Broker||Full Service Broker|
|Exchanges Supported||NSE,BSE,MCX-SX,MCX,NCDEX||BSE, NSE|
|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.|
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 Account Opening Fees||Free||Rs 950|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 500 PA||Rs 300 PA|
|Provide DP Service|
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.
|Plan Types||Karvy||Reliance Securities|
|Account Opening Request|
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||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|
Compare Karvy with Reliance Securities on transaction charges and PCM fee by segment.
|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|
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 Compare||Karvy||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||NIL||Mobile Application: Rmobile Xpress|
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||Reliance Securities|
|Desktop Trading Platform||Karvy NESTTrader||InstaXpress|
|Desktop Demo||Desktop Demo||Desktop Demo|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|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 Trading App||KarvyOnline||TICK PRO|
|Mobile Trading App Demo||KarvyOnline Demo||TICK PRO Demo|
|Android Mobile App|
|Android App Download||Andriod KarvyOnline Download||Andriod TICK PRO Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS KarvyOnline 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 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|
|3 Customer Reviews||52 Customer Reviews|
|Trading Brokerage Rating|
|Trading Platform Usability|
|Customer Service Ratings|
|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|
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||Reliance Securities|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||Insurance||NIL|
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 Type Compare||Karvy||Reliance Securities|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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.
|Margin Product Compare||Karvy||Reliance Securities|
|Equity Delivery Margin||Up to 4x leverage for equity delivery.||Upto 4x via Margin Funding.|
|Equity Intraday Margin||Up to 10x or 10% subject to Var and ELM.||Upto 10x leverage for equity.|
|Futures Margin||1x means actual SPAN + Exposure.||Upto 2x leverage for futures.|
|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||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||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||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||1x means actual SPAN + Exposure in Sell and Premium Margin in Buy.||Complete SPAN is required.|
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 Service Compare||Karvy||Reliance Securities|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||18004198283/7093706007/18004198283||022 39886000|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Hyderabad - 500 034
|Reliance Securities Limited,
4th Floor, North Wing,
Reliance Centre, Santacruz East,
Compare Karvy 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 Karvy 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)||₹365 pa||₹300 pa|
|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|
Compare Karvy 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 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||Upto 24 Hrs except Bank Holidays.||Max 24 hrs except bank holidays|
|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
Customer centric, leading-edge technology, top-notch research team, professional management and a wide network of offices across India.
|Enquiry||Enquire about Karvy||Enquire about Reliance Securities|
Last Updated on 2020-04-07T10:51:20+00:00